Title: Yobit scam exchange Post by: Gileadorji12 on April 03, 2018, 01:02:12 PM I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money
Title: Re: Yobit scam exchange Post by: bhadz on April 03, 2018, 01:44:01 PM I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money Have you checked it if there are also buy orders? Trading exchanges aren't working that way where you'll just sell it and the exchange will buy it automatically. You have to wait for another trader to buy that sell order you've made or create a buy order that you can take. What I can see now is most of the orders on bitcoin god on yobit are only sell so that's why it's still on sell order. You haven't scammed as long as your coin is in that wallet. And if you don't trust this type of exchange, why you used them?Title: Re: Yobit scam exchange Post by: Gileadorji12 on April 03, 2018, 01:58:00 PM Okay, thanks
Title: Re: Yobit scam exchange Post by: stomachgrowls on April 03, 2018, 07:47:20 PM I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money Have you checked it if there are also buy orders? Trading exchanges aren't working that way where you'll just sell it and the exchange will buy it automatically. You have to wait for another trader to buy that sell order you've made or create a buy order that you can take. What I can see now is most of the orders on bitcoin god on yobit are only sell so that's why it's still on sell order. You haven't scammed as long as your coin is in that wallet. And if you don't trust this type of exchange, why you used them?Title: Re: Yobit scam exchange Post by: magneto on April 04, 2018, 06:32:25 AM I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money Are you talking about BTG or "Bitcoin god"?If it's stuck as a sell order then it just means that nobody is taking your offer and there is no buy orders to match it. Simple as that. As badly as yobit is run, their exchange engines still work and trades still go through smoothly. My advice is that if you want to sell it quick at lower than market price, just sell at the highest bid price. Otherwise wait for someone to take your sell order. But I agree that they are extremely shady and operating overseas, most likely without any licenses as far as I know. It's a risky site to use without any support. Title: Re: Yobit scam exchange Post by: 1Referee on April 04, 2018, 02:37:26 PM Are you talking about BTG or "Bitcoin god"? I was doubting that as well, but turns out that Bitcoin God is another 1:1 fork, which is just madness. After a quick browse, it seems that this fork coin is only being traded on Yobit, GateIO and AEX, which pretty much explains why not many people are familiar with it, and also explains its severe lack of liquidity. Highest volume exchange is GateIO with a whopping $2300 24H volume, where Yobit lags behind with $210 in the last 24H. I haven't even cashed out my BTG at +0.02BTC levels because it's not worth the hassle, and people go nuts over a few bucks in this case. ::) Title: Re: Yobit scam exchange Post by: Oilacris on April 04, 2018, 09:11:06 PM Are you talking about BTG or "Bitcoin god"? I was doubting that as well, but turns out that Bitcoin God is another 1:1 fork, which is just madness. After a quick browse, it seems that this fork coin is only being traded on Yobit, GateIO and AEX, which pretty much explains why not many people are familiar with it, and also explains its severe lack of liquidity. Highest volume exchange is GateIO with a whopping $2300 24H volume, where Yobit lags behind with $210 in the last 24H. I haven't even cashed out my BTG at +0.02BTC levels because it's not worth the hassle, and people go nuts over a few bucks in this case. ::) Title: Re: Yobit scam exchange Post by: Zocadas on April 04, 2018, 10:04:44 PM Okay, thanks Your case seems to be resolved and there was no scam. Better lock this thread and add "solved" to the title. Nevertheless don't trust any exchanger. Deposit only little amounts to exchangers and only amounts, you actually want to trade with. I use several exchangers for different tasks. Yobit is good for selling exotic coins from ICO (if wallets work) or forks, that are not listed where else and withdraw well established coins. Support seems to be lack (fortunately I didn't need it yet), but no ID is needed, when only cryptocurrencies are to be withdrawn. So this exchanger has its advantages and disadvantages as all other exchangers, I think. Title: Re: Yobit scam exchange Post by: timerland on April 04, 2018, 11:40:29 PM I sold my bitcoin God almost a week now and it still in sell order, that why I don't trust all this exchange that have no license, please before you chose any exchange try verify them very well before you loose your hard earn money Yobit is an exchange to avoid. But your problem isn't even that. You probably put your sell orders higher than market price, and since the volume is low for bitcoin gold, there is a high likelihood that your sell order will not go through until the market value of the coin rises significantly. This is how the orderbook works. You can't just list any price you want on a sell order and expect it to go through instantaneously. There has to be a 'taker' for the trade to go through. Cancel the trade and redo your trade @ market bid price if you want an instant trade. |