Bitcoin Forum

Hello,

Is BW Exchange legit or a scam like Vindax

https://www.bw.com/

First, please explain why Vindax is a scam?

Because in Vindax you will never sell your funds even when the price reaches the limit order and your account will be locked if you try to sell all your funds

Did you test BW Exchange?

Could you prove it? If you can then make a scam assumption against vindax and flag them.

It's a different platform, you can same it the problem that exchange with other exchange, i used BW Exchange 6-8 month ago selling my GMB Token to their exchange nothing have a problem about the fund order. For right now i don't know, sometimes different user have a different problem. The telegram group still active until now, you should ask them and get a review at there from the user who already using BW Exchange.

However i do a few research about vindax, they have some problem on the service:

• Manipulation Market
• Hacked fund a half milion
• etc.

What I know is that the https://www.bw.com/ exchange is a legitimate exchange but I only made 1 trade there and there wasn't any problem, so you can prove it yourself and this data from Coinmarketcap https://coinmarketcap.com/exchanges/bw-com/

The term legit is quite fluid in this case. On what basis you consider an exchange is legit? If it's about not stealing your money, then maybe most of the users would say yes they're legit. But I personally don't consider an exchange that runs an ICO with a 'guaranteed' return to be legit. In fact, they promote it as a plus for their exchange. So, either they have a lot of money to burn or they use that opportunity to get extra money later when the noobs start catching the train.