Bitcoin Forum

Economy => Trading Discussion => Topic started by: FFrankie on January 24, 2018, 05:15:26 AM



Title: Is this exchange a scam?
Post by: FFrankie on January 24, 2018, 05:15:26 AM
https://garlicoin.exchange/

^I signed up but never got a confirmation email


Title: Re: Is this exchange a scam?
Post by: Fujiati on January 24, 2018, 06:26:55 AM
I have never tried garlicoin.exchange but if email confirmation may take a while or server is under repair, wait 1X24 hours to get the coin confirmation, otherwise it might be a scam exchange


Title: Re: Is this exchange a scam?
Post by: Gabz999 on January 24, 2018, 07:25:24 AM
Never had to try this exchange. Never try to trust all your funds in an exchange, anytime they can shutdown their platform if they want. Try to transact a little amount first on that and if everything goes fine then, its up to you whether you will put big money on it.


Title: Re: Is this exchange a scam?
Post by: TicTheReaper on January 24, 2018, 10:14:31 PM
Oh, I saw this url in the garlicoin reddit. A guy was trying to sell the domain name so someone could start an exchange with it.


Title: Re: Is this exchange a scam?
Post by: JesusCryptos on January 24, 2018, 10:28:03 PM
I have never heard about Garlicoin exchange. In your place I would wait to have enough confirmations by other users that the exchange is trustful before giving it the control over your precious coins.


Title: Re: Is this exchange a scam?
Post by: SrEasts on January 24, 2018, 11:40:19 PM
Seriously there have been some of scams already with shady exchanges, just don't risk your money with random ones that you don't really know if they can be trusted or not. You have the most known ones where you most probably won't get scammed (binance, bittrex, bitfinex..). its up to you but i wouldn't recommend using random ones...


Title: Re: Is this exchange a scam?
Post by: gilangIDR on January 24, 2018, 11:43:26 PM
Never had to try this exchange. Never try to trust all your funds in an exchange, anytime they can shutdown their platform if they want. Try to transact a little amount first on that and if everything goes fine then, its up to you whether you will put big money on it.
Believe it only to an exchange that already has a good reputation. Look for references on the internet and we can see that only a few exchange have high trust like bittrex. It is true that every exchange can go quickly and they bring all the amount we have. Never try an exchange that does not yet have a good reputation !!


Title: Re: Is this exchange a scam?
Post by: sweetbet on January 24, 2018, 11:43:43 PM
I've never heard of it either.

It's not even listed here
https://coinmarketcap.com/exchanges/volume/24-hour/


Title: Re: Is this exchange a scam?
Post by: Nerman on January 25, 2018, 02:11:01 AM
Never heard of it and I will never risk my coins on this exchange.

I agree with other people that the website looks awful. It look like it was created from a website creator template.

I honestly do not know if they are a scam but  even though their intention would be a legit exchange the coding of the website seems sloppy and very easy to hack.

Unless they change their websites design and security I will never put a coin on this exchange.





Title: Re: Is this exchange a scam?
Post by: littleDarper on January 25, 2018, 02:20:31 AM
GarliCoin with a picture of a garlic? Haha, I don't think this is a serious exchange. I wouldn't trust it unless it has some very obscure altcoin you cannot find anywhere else, then I'd only risk a very small amount at that, with an even smaller initial deposit and withdrawal to test if it works and make sure the deposit doesn't just vanish. Otherwise this exchange is unheard of.


Title: Re: Is this exchange a scam?
Post by: Tactical Genius on January 25, 2018, 03:03:19 AM
Well this is the first time i am hearing about this exchange.In any case i think you should check your spam folder to see if you will find the email and if you don't find it you may have to request again and maybe submit a support ticket or so that is if they have one.


Title: Re: Is this exchange a scam?
Post by: starblocks on January 25, 2018, 03:37:26 AM
No way to tell if its trustworthy or not but there's an OTC trading thread for Garlicoin here where you can buy/sell using escrow which might be a safer option for trading: https://bitcointalk.org/index.php?topic=2802873.0


Title: Re: Is this exchange a scam?
Post by: Andrey123 on January 25, 2018, 08:01:21 AM
Entering the site for the first time, I certainly would not use it.
A feeling that he made a schoolboy)
There are no reviews about it at all.


Title: Re: Is this exchange a scam?
Post by: Wind_FURY on January 25, 2018, 08:10:06 AM
OP, by the name of that site alone, I do not have to click that link you posted to know that I would never ever make an account there. Garlicoin Exchange? Really? What are the owners trying to do, keep the exchange away from vampires? Hahaha.

Do not use the exchange. It might not be a scam, but it might not be safe either.


Title: Re: Is this exchange a scam?
Post by: Alex_nutis on January 25, 2018, 08:24:29 AM
I've never heard of such an exchange. There are more than 20 trusted and reliable exchanges where you can find any crypto currency. Why do you need this exchange?


Title: Re: Is this exchange a scam?
Post by: target on January 25, 2018, 08:37:49 AM

Never heard of that exchange, its best to just not use it. Moist of the time if it looks like a scam, it really could be a scam. Give the ma chance to scam you by sending just few coins there and you might just get to be one of is victim. If you are unsure about it and you know its not neccesary to use htem, then just forget the exchange.

Here are list of exchanges with the volumes and which token is being traded there.

https://coinmarketcap.com/exchanges/volume/24-hour/all/


Title: Re: Is this exchange a scam?
Post by: tech72 on January 25, 2018, 09:38:16 AM
Don't trust this exchange. What is the reason you are buying from here? It might be a new exchange and so I might have not heard of this. You should avoid sending your money to this exchange. Lots of scam going on now a days and you should only send money to legit sources.


Title: Re: Is this exchange a scam?
Post by: Tynovten_ on January 25, 2018, 10:05:33 AM
Look at the opinions of everyone no one even heard about this exchange before, even I tried to find the information and I didn't find anything about this exchange. All and also I advise you not to risk entrusting to a exchange that have existed before.


Title: Re: Is this exchange a scam?
Post by: SHAWN-MIDWAYS on January 25, 2018, 10:09:13 AM
https://garlicoin.exchange/

^I signed up but never got a confirmation email
never even heard of it, and if they cant even afford to send a confirmation email that should be a red flag, hope this isnt a phishing attempt by these guys!

The only way to protect yourself Stick to exchanges you can find on coinmarket for any listed coin on CMC


Title: Re: Is this exchange a scam?
Post by: Tamilson on January 25, 2018, 10:10:26 AM
I've never heard of such an exchange. There are more than 20 trusted and reliable exchanges where you can find any crypto currency. Why do you need this exchange?

Yeah like don't try exchanges that's look like shady and not even known. Don't risk your money to some new exchanges that's popping out because they're just taking the advantage of it and making sure that you'll get into their bait and it's dead end for you brother.
Sometimes our curiosity ca lead us to something we will never forget.


Title: Re: Is this exchange a scam?
Post by: alfs75 on January 25, 2018, 01:36:06 PM
https://garlicoin.exchange/

^I signed up but never got a confirmation email

This ,is my first time to heard this kind of trading exchange site that name garlicoin,because mostly the reliable source  of trading exchange that we commonly used are hitbtc,etherdelta,bitfinex,poloniex,cryptopia and many more,maybe this is  a local exchange in your country,or maybe your doubt is true that this is scam,because mostly all trading exchange site ,when you signed,will have a  confirmation of your email accounts.


Title: Re: Is this exchange a scam?
Post by: Ranly123 on January 25, 2018, 01:51:54 PM
https://garlicoin.exchange/

^I signed up but never got a confirmation email

I have never tried or known this exchange though, maybe it is a scam yet we need proof that it is. Accusing someone without even trying is also a baf idea. I suggest to ask the more experienced trader here and wait for their reply.


Title: Re: Is this exchange a scam?
Post by: LSt56 on January 25, 2018, 03:12:25 PM
Don't trust this exchange. What is the reason you are buying from here? It might be a new exchange and so I might have not heard of this. You should avoid sending your money to this exchange. Lots of scam going on now a days and you should only send money to legit sources.
just like you I also just first heard the name of this exchange. we should not use a new or unfamiliar exchange if we do not want to lose the money we have.