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Topic: Warning! 20 days are over! BCNEX likely a scam exchange now! (Read 531 times)

legendary
Activity: 2394
Merit: 1131

I'm not sure if it's on our end or they really delete the channel. It says There is no telegram account with this username.

With this, OP or the other " victim " should make a post about this and make an accusation.
Does that too early? Few people have successfully withdrew their money through BCNEX exchange on previous page. Why don't other people try to change their token to 4 currencies which allowed to withdraw atm rather than keep those coin on BCNEX?
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
If you have not noticed it yet, their official Telegram channel is no longer accessible: https://t.me/Bcnex_Official
Several people got banned from their Telegram channel before they deleted their official Telegram channel.
Can you withdraw your money?
I found this in another thread: https://bitcointalksearch.org/topic/m.53639118 Looks it was solved.

I have also accessed to BCNEX telegram  group. Check it again.
I'm not sure if it's on our end or they really delete the channel. It says There is no telegram account with this username.

With this, OP or the other " victim " should make a post about this and make an accusation.
sr. member
Activity: 1624
Merit: 250
If you have not noticed it yet, their official Telegram channel is no longer accessible: https://t.me/Bcnex_Official
Several people got banned from their Telegram channel before they deleted their official Telegram channel.
Can you withdraw your money?
I found this in another thread: https://bitcointalksearch.org/topic/m.53639118 Looks it was solved.

I have also accessed to BCNEX telegram  group. Check it again.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
If you have not noticed it yet, their official Telegram channel is no longer accessible: https://t.me/Bcnex_Official
Several people got banned from their Telegram channel before they deleted their official Telegram channel.
Can you withdraw your money?
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Let's wait tomorrow, and then we will draw conclusions.

Just an update to this.
So 20 days had passed. Did the participants already withdraw some?

Here's what the admin said on their telegram channel.
https://t.me/Bcnex_Official
Quote
ANNOUNCEMENT on the UNLOCKING of WITHDRAWAL FUNCTIONS on BCNEX exchange

Dear Bcnex-ers,
As you know, 20 days passed since the the moment we locked the withdrawal functions. Maintenance still going on smoothly, but some stages are required more time. That is why we decided to UNLOCK PARTLY of withdrawal functions.
Withdrawal functions of following tokens will be AVAILABLE from 22:00 (GMT+7) on Friday, January 17, 2020 :
- BTC
- USDT
- ETH
- BCNX
Users can trade other tokens into those 4 tokens above & then make a withdrawal transaction.
Wallet of other tokens will be available to withdraw in near future.
Thank you for the attention and cooperation 🤝

Bcnex Technical Team💌

I don't know what kind of technical team they have.  Grin
hero member
Activity: 938
Merit: 501
I do not know if this exchange has become a scam or not? But if, in the near future, they resume the withdrawal,then the exchange will return to normal. But they have certainly lost their reputation and many investors and traders will leave this exchange. 20 days is a long time and it makes a lot of people have a headache with this problem. I have also been following this project before and realized that they had an ICO for $ 30 million. That's a lot of money for an exchange but the way they work up to now is disappointing
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
This exchange got a high reputation, even I saw some comparison between Binance and BCNEX! Therefore BCNEX posted their team photo and video, those were incredible! Then what happened? They can easily make money with that reputation, why they would choose to scam? I think we should give them more time and see what solution they offer! It is very unexpected that BCNEX is taking this long time to fix this normal issue! But it seems they will take more time. So, until they fix the issue, no one should deposit a penny on an exchange or join in that giveaway! Stay safe crypto mates!

I'm on you that people should deposit a penny as a precaution, withdrawal is a big issue, you will have people complaining if they cannot withdraw, and the deposit and withdrawal system is the mark if how good exchange is, days are rolling and every passing day that this does not fix it will have a bad impressions on traders, it's becoming a big talk now here.
member
Activity: 448
Merit: 21
The recent BCNEX giveaway is totally suspicious and shady! But I don't think they will scam us at this present condition. I asked about the issue, they told me today or tomorrow withdrawal will be open again! So, let's wait and see what update they bring!
hero member
Activity: 812
Merit: 503
BCNEX is likely scam. I was so astonished getting the mail for the bcnex giveaway. I didn't bother to click it because I'm already obsessed with the exchange. My USDT is hanging there, I was trading BCNX/USDT earlier and when I decided to withdraw, it was "mid summer nightmare" for me. I don't know what kind of system maintenance is that, probably scam. Now they want people to deposit for the giveaway 🤔 All these new exchanges with credibility issues.
sr. member
Activity: 924
Merit: 256
exchange places like BCNEX should not forbid the users of the platform forbid making withdrawals with a very long time like this, this can be said to be a scam and the team behind the platform has proven to be unprofessional, should if they have a great team then technical issues like this can be resolved quickly.
sr. member
Activity: 938
Merit: 251
I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?
What going on with BCNEX exchange? I have several assets there with BCNEX coin received from bounty campaign and still running for getting my coin every day with 5% from my reward from bounty campaign, maybe very disappointed when I can't withdraw my assets coin in BCNEX because bad thing at the future with bigger exchange market but getting problem with withdrawing.
member
Activity: 742
Merit: 16
Give them more time since the 20 days is over already, i won't believe they exit scam until they actually exit scam in the end but honestly using new exchanges are far very dangerous than using old exchanges
hero member
Activity: 812
Merit: 512
starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.
I have never seen any exchange taking too long to fix the withdrawal problem. And this was the first exchange I saw and it was funny, quite sure this exchange has become a scam, they cooperated with bytecoin and this is also an altcoin scam in this market. Sorry for those who are stuck here, you will probably never get money out of this exchange again. Stay away from these types of exchanges as soon as possible
full member
Activity: 798
Merit: 104
I even have concluded that Bcnex is scam before. The dev acts so weird
They look like dont wanna fix the system. It is clear that they wanna steal money investors

I dont wonder if this centralized exchange turn to scam. Bcz there were another like that
So, becarefull when you are investing in centralized one. It is very possible to turn scam.

Yahh I agree with this opinion from the first place I smell something fishy from this exchange site now people who deposite their fund cannot withdraw back to their wallet plus I noticed that this exchange site have no volume and this exchange site not yet popular so I expect that there a lot of people notbeing aware of this exchange site its better to avoid this kind of platform.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
Only a fool would still deposit into an exchange where people can't withdrawal their funds. Every pointers out there suggest this is a scam exchange, the earlier the better you move your funds away from it and have nothing to do with them. I don't know what people are looking for on the exchange, no volume, not that shitcoins pumped on it like Yobit, so the risk of using it is too high as compare to the reward you get. It is just a matter of time they do IDAX
fvb
member
Activity: 1470
Merit: 13
Yes, this news is really not encouraging.  Because there is a certain amount of assets on this exchange.  At first I liked the platform and I decided that this is a new promising exchange, now doubts have appeared.  Let's hope that everything ends well and the future of the project will be great.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
Now it’s not clear is this exchange is scam or not. I also have funds on this exchange and I can not withdraw them. this is a problem, but now I’m not worried, because the project did not run away with the money but is still developing and technical support is always in touch. I have already seen several times how some exchanges closed the withdrawal and then opened it again. we will observe further. nothing is clear now.
hero member
Activity: 3108
Merit: 537
Leading Crypto Sports Betting & Casino Platform
if that exchange is really commited to keep their reputation they won't prevent withdrawal for that long. heck, even 3 days is already intorable and we got this 20 days withdrawal being disabled and we can safely say that it's a scam. this always happen to 3rd rate exchange who don't care about their reputation but money and money. just like its twin exchange which is p2pb2b
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.
The problem has started from December 24th, 2019 not December 28, 2019.
They do not have any reason to hold their customers' money in the first place unless they do not have any money left thus delaying it so they can get more money to pay their debt or making a scam exit.
Does it make sense? no, it is not.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?
Never heard of this exchange before.

If it is literally new exchange then anyone should avoid their lucrative deposit rewards because its the old school method of get scamming,or if they have certain criteria to meet to get your giveaway rewards then they should not close their withdrawal system.
hero member
Activity: 1008
Merit: 501
This exchange got a high reputation, even I saw some comparison between Binance and BCNEX! Therefore BCNEX posted their team photo and video, those were incredible! Then what happened? They can easily make money with that reputation, why they would choose to scam? I think we should give them more time and see what solution they offer! It is very unexpected that BCNEX is taking this long time to fix this normal issue! But it seems they will take more time. So, until they fix the issue, no one should deposit a penny on an exchange or join in that giveaway! Stay safe crypto mates!
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.
full member
Activity: 1750
Merit: 118
the system of pending is not new .  many projects that i witnessed on the past have this , some longer than 30 days  where you cant withdraw anything   .  im thinking that they are shady but idk maybe they have other agenda on why they do it   . like protecting the value of thier coin , or they could just waiting for more funds for thier costumers  to do an exit scam  . but the coin byetcoin was a legit coin right ? i think i have heard of this coin on the past  .
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
Ever since they did an ICO, I have believed that this is a scam exchange and everyone should be careful with it. Their exchange was really bad but they announced that they had successfully ICO with $ 30 million, which is really bullshit. I will not believe anything this exchange says because it is all a lie. Hopefully everyone can withdraw money from this exchange in the future, but I think the chances are very low for it to happen.
sr. member
Activity: 1218
Merit: 251
I have heard some feedback from BCNEX users because it is difficult to withdraw funds there so it takes a long time what might be behind their team is not professional in handling this so many complaints from users?
1 million BCNEX will be distributed for Chinese New Year prizes and have to make a deposit first I think this should be careful because I know if an airdrop like this in exchange does not have to make a deposit first because it is called fraud.
sr. member
Activity: 1022
Merit: 277
★Bitvest.io★ Play Plinko or Invest!
Really sad when users can not do anything related to their funds and it makes no sense if the withdrawal problem takes a long time. So, the exchange is not ready and may not have a team or experts in their field related to the problem. Unfortunately, I wasn't interested from the start, because I was suspicious of the achievement of its ico, which was worth tens of millions of dollars.
That is the main problem when a project was created in a rush, the team can't even do anything with this problem.
Same here, I don't get my interest with this project, I feel sorry for people who become part of this.
Hopefully, this project will resolve the issue and get what is supposed to be their asset.
sr. member
Activity: 1260
Merit: 251
Really sad when users can not do anything related to their funds and it makes no sense if the withdrawal problem takes a long time. So, the exchange is not ready and may not have a team or experts in their field related to the problem. Unfortunately, I wasn't interested from the start, because I was suspicious of the achievement of its ico, which was worth tens of millions of dollars.
sr. member
Activity: 2016
Merit: 456
I heard that the 20 days were from December 28th, so I waited a little longer to see the results. to be honest I also have bitcoin assets there. but, to date, BCNEX is still developing and registering new coins. whether this attracts the attention of investors or not, but I still believe in this exchanger. let's see the development in a moment, it should be within 2-3 days, the team has issued the announcement.
sr. member
Activity: 1876
Merit: 261
20BET - Premium Casino & Sportsbook
why they made us wait up to 20 days while it was our money, I want to see if they will announce it immediately for withdrawals, to be honest I was disappointed because I had to wait a long time like this, I will not trade again here when I have withdrawn my funds
member
Activity: 812
Merit: 11
Somehow i feel great not promoting bcnex exchange when the launched, i knew it's not an easy thing to run a exchange perfectly without hiccups in the end, i think the problem here is fund/money, this will serve as a warning to those who are fond on new exchanges

Agree, now it is indeed difficult to trust a new exchanger. If I were a trader, I would prefer to trade in large exchangers who already have large transaction volumes and if I am a long-term investor, large exchangers also provide a list of tokens or coins whose projects are already running well and large exchangers will not sacrifice their reputation with the project which is not good
member
Activity: 574
Merit: 18
Making Smart Money Work
Somehow i feel great not promoting bcnex exchange when the launched, i knew it's not an easy thing to run a exchange perfectly without hiccups in the end, i think the problem here is fund/money, this will serve as a warning to those who are fond on new exchanges
legendary
Activity: 2450
Merit: 1047
I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?

Withdrawal system should be the first thing that must be fixed in any exchange, every passing day that they are not addressing it will have a big impact on the trustworthiness of the exchange, and 20 days is such a big concern, people should stop depositing their coins here until they resolve the issue.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
I even have concluded that Bcnex is scam before. The dev acts so weird
They look like dont wanna fix the system. It is clear that they wanna steal money investors

I dont wonder if this centralized exchange turn to scam. Bcz there were another like that
So, becarefull when you are investing in centralized one. It is very possible to turn scam.
Nothing is impossible for greedy people particularly when it comes to money, they will always look for opportunity to deceive people and take advantage of them. It's their responsibility to fulfill their words and promises, to assure investors that they are worth it and their funds are safe and secured. They can't blame the investors for being in doubt and find it suspicious because they don't give them proper assurance. It's bad to accused and judge their capabilities to change and improve their system but they should look for some ways to fix their service because they are just making investors think that they will end up feeling remorse on trusting and believing them.
sr. member
Activity: 868
Merit: 333
As admin in telegram channel said:

Quote from: Bcnex_Lekato_Admin
Tomorrow will be 20th day. Kindly be patient we are doing everything possible to make sure withdrawal function is back online
https://t.me/Bcnex_Official/134521


Let's wait tomorrow, and then we will draw conclusions.
That at least a relief to users. Perhaps, they're using different time zone.  Tongue

But nothing happens tomorrow, you guys could post on reputation section as for future users would be warn.
If I were for bcnex I won't just waste the reputation we build in exchange for just some bucks compare the profit that they could get in the future
A relief for now that brings high expectations.

That would be the best thing to do after tomorrow, if nothing happens, open a scam accusation to spread the word to alert everyone about this exchange. This exchange might have their reason for this, whatever it is, that reputation they have build will be put to waste.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
As admin in telegram channel said:

Quote from: Bcnex_Lekato_Admin
Tomorrow will be 20th day. Kindly be patient we are doing everything possible to make sure withdrawal function is back online
https://t.me/Bcnex_Official/134521


Let's wait tomorrow, and then we will draw conclusions.
That at least a relief to users. Perhaps, they're using different time zone.  Tongue

But nothing happens tomorrow, you guys could post on reputation section as for future users would be warn.
If I were for bcnex I won't just waste the reputation we build in exchange for just some bucks compare the profit that they could get in the future
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
 Grin Grin Grin OMG, so soon? Not trying to make fun of all those who still got some funds over there but i mean this exchange was everywhere during its campaign. Initially, i thought this exchange might over run Binance and some of the famous cryptocurrency exchanges in this industry but it's so sad that all these hype were all flash in a pan. I have advised myself to be very careful about all the crazy hype that some projects create about themselves yet in the end only come up with a shady project.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
As admin in telegram channel said:

Quote from: Bcnex_Lekato_Admin
Tomorrow will be 20th day. Kindly be patient we are doing everything possible to make sure withdrawal function is back online
https://t.me/Bcnex_Official/134521


Let's wait tomorrow, and then we will draw conclusions.
Ucy
sr. member
Activity: 2730
Merit: 403
Compare rates on different exchanges & swap.
They probably did that on purpose to prevent the customers from withdrawing in large number and crash the price.
 As regards whether it's a scam exchange or not, I would suggest you post the exchange website, maybe it's even a phishing site you sent your funds to. The giveaway thing is popular among scammers and people who want crypto ruined.
hero member
Activity: 2282
Merit: 505
I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?
That's a scam, the team just let the use to deposit but they can't even withdrawy their money. It looks like we need some DTs to tag the main account of BCnex exchange site and then spread more awareness about that. The scammer behind bcnex was always actively updating the event that happened on bcnex.
I though if that was more than 20 days.
But i just heard that the team gives ETA until 20 january to make withdrawal to be unlocked and is that true?
sr. member
Activity: 1123
Merit: 253
There have been several complaints and accusations against this site for a while. If I am not mistaken, they already issued a statement but I don't think the issues are actually resolved up to the last one. I don't want to jump and say right away that BCNEX is a scam. They might only have a very poor management within. Or their personnel are not capable enough. I don't know where exactly the wrong is, or perhaps the entire team is really incompetent. 
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
I even have concluded that Bcnex is scam before. The dev acts so weird
They look like dont wanna fix the system. It is clear that they wanna steal money investors

I dont wonder if this centralized exchange turn to scam. Bcz there were another like that
So, becarefull when you are investing in centralized one. It is very possible to turn scam.
full member
Activity: 812
Merit: 114
I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?
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