[WARNING] Oqex.io is Running a scam Arbitrage Trading Group

stompix

legendary

Activity: 2828

Merit: 6108

Blackjack.fun

Quote from: cryptoaddictchie on July 17, 2020, 12:53:00 AM

Does this exchange asking for KYC?

Of course, but only when you try to withdraw money. And even if you do it, they will come with a story about police, interpol etc etc
https://bitcointalksearch.org/topic/extstock-scammy-behavior-5238319

I've seen a lot of exchanges lately (oqex is not really new) that are trying to fool people into selling their coins on their platforms.

Those scams are pretty easy, they inflate the price, they get only customers that can exchange to USDT so they don't need legit bank accounts, and once you deposit your coins you can kiss them goodbye.
The entire activity on that website is fake, who would buy BTC at 9900

when you could do it for 9200 at bitstamp?

LE
I just went to check how the prices are on other sites known for such scams, and wow, exstock has btc at 10500 Shocked

cryptoaddictchie

legendary

Activity: 2072

Merit: 1315

CoinPoker.com

Quote from: Krislaw on July 16, 2020, 03:16:37 PM

Very clear that they are not registered and trades there are fake. A 600$+ difference is too good to be true. They needed more victims and that's why they use telegram which is known to be a home for scammers.

Thats a huge spread gap on price. No wonder they could raise the price that high not without a secret. I done arbitrage trading in the past and the gap on some of my tokens trading could give me profits however as huge as that, you can already noticed that there is something fishy going on.

Does this exchange asking for KYC?

Found the exchange name funny, oqex, it seems they want to be recognized close to okex name isnt it.

Krislaw

sr. member

Activity: 1204

Merit: 388

Quote from: Raflesia on July 16, 2020, 07:48:35 AM

Warning - Exchange https://oqex.io/

Previously, Oqex was posted in May, but this exchange is not legal but only wants to promote arbitrage with it, you can't do anything so I think this is a scam that continues to be promoted on the telegram channel.

Very clear that they are not registered and trades there are fake. A 600$+ difference is too good to be true. They needed more victims and that's why they use telegram which is known to be a home for scammers.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Warning - Exchange https://oqex.io/

Previously, Oqex was posted in May, but this exchange is not legal but only wants to promote arbitrage with it, you can't do anything so I think this is a scam that continues to be promoted on the telegram channel.

Krislaw

sr. member

Activity: 1204

Merit: 388

Telegram Group Link

Code:

https://t.me/arbitragewithcash

Exchange Link

Code:

Oqex.io

I was recently added to the telegram group and everything about the group turns out to be scam after I did some research. What they do is drop Arbitrage tips. You buy on Binance and sell on Oqex.io.
Firstly, you are not permitted to post except the admin
Secondly, only their exchange is where's being suggested to sell after buying.

Lastly, this thread poster complained about having withdrawal issues with them.
I would advise not to make any deposit on this exchange to avoid losing your coins.

Topic: [WARNING] Oqex.io is Running a scam Arbitrage Trading Group (Read 155 times)