Bitcoin Forum

am saw a tweet from @storeum project that vindax exchange is scam due to took there fund,
so please tel your opinion about that matter what is true? and if is it true(i thin project not telling lei there commenty) show power against scam projects and exchanges.
 

Vindax seems to be a shady and scam exchange. There are quite some scam accusation made on Vindax in bitcointalk and I think it's better if we stay away from this exchange. Here are some reference:
https://bitcointalk.org/index.php?topic=5214706.0
https://bitcointalk.org/index.php?topic=5173500.0
https://bitcointalk.org/index.php?topic=5228774.0

It seems most of their IEO is scam projects. if Vindax is launching scam IEO, then definitely they are scam too.

Seems this exchange already discussed here and based on the link that @Pffrt provided this Vindax might be a legit scam exchange. We need to avoid this kind of exchange and if I were you do not use it. It's totally difficult to trust new exchange because you don't know if they going to scam your cryptocurrencies and money. I guess many users here already have scam experience on that exchange and most of them suggested that we need to stay away from this. If you going to participate in an IEO I highly suggest just use the well-known and reputable exchange like Binance. IMO, it is totally a scam exchange.

Here's another reference:
https://bitcointalk.org/index.php?topic=5229001.0

Here's the Ann thread Vindax and seems many people already complain about this exchange
https://bitcointalk.org/index.php?topic=5117868.80

Yes, the Vindax exchange is a scam exchange, because I once made a registration on that exchange, but couldn't activate my Google 2fa, and this proves that they only want to deceive Vindax users when users put assets in the exchange.

If you are up to date on this forum you would have come across different posts about vindax scam schemes, withdrawals that never get to the wallet address and funds that was stolen as well

Right. Many projects are not clear holding IEO there, of course the results are bad. Not only that, I see there are some people who have problems with withdrawals

Unfortunately the answer is a big YES, vindax exchange is full of scammer team and developers that are trying all means possible to steal from people, if you haven't deposited any coins on the exchange then you are lucky

There are many exchanges on the market, like Vindax. It may be inconvenient to trade in these. For this reason, no matter how advantageous it seems, I have never invested in such exchanges. I recommend the same to you.

Some developers are not very good at research and the possibility of falling victim to Vindax exchange is possible, not all new projects that get listed on vindax are scam, new developers find exchanges with low listing fees and vindax is one of them, these developers don't even care about watch trades or fake volumes

True, the problems that occur in vindax exchange have been discussed, and this certainly has been felt by some people who often use vindax exchange, and if I personally do not like vindax exchange, so I have never used it until now.

i saw it too mate, and cryptocurrency influencer also retweet it. looks like its be serious problem again for cryptocurrency community, vindax and also one of top exchanges have big problem, i am worry there are big dumping that might be caused by these case. personally i am considered it as fact and we must becareful using vindax exchange till there is confirmation from their team.

Yes, I am very grateful because I have never used Vindax Exchange, and I also really don't know that the teams in Vindax are very smart scammers, and I am sure that Vindax Exchange will sink by itself.

This is the first time I've heard of Exchange called Vindax. Luckily I found this thread so that I am not exposed to scams.
Personally, I will avoid some exchange which not has any legit pieces of information. That makes me save until now.

Let's keep spreading the words about this dubious exchange so that newbies don't fall for such exchange, vindax is just another copy of p2pb2b and idax, I've learned the hard way

But Vindax is very known as a scam exchange most people know that in the community. Because i saw many scam accusation thread in the previous days. Why still a lot projects team going IEO in these scam exchange. In case of lower listing fees some greedy scammer ruined their legit projects in this exchange.        

I recently encountered complaint towards Vindax, and I would say, as much as possible I won't use that exchange for the fact that you don't know if you will ever get your money back. Better wait for other exchanges, if the coin or token is only listed in vindax. But if you can't wait, take a risk trading on their platform. Now, that many users are coming out about their negative experience, I guess it's time for Vindax to stop their shady activities. Otherwise, they will lose potential customers.

Never use it & never will. I'm not into these kind of shady / unknown exchanges.
If the coin i'm willing to buy into an exchange like Vindax & the exchanges like it, i simple move on.
Better stick with the famous one & pray not to be banned or scammed lol. People should learn where to put their money.

If Scam accusation posts continues about this exchanges, then it's differently doing something shady.

All exchanges in this market have FUD, so I'm not surprised if this exchange is a scam and receives FUD from users. I have also used this exchange a while ago, but I have not encountered any problems about it. This is a small exchange and there is no volume so most likely it is now dead and a scam

It's a scam exchange site and there is some thread already discussed vindax. The problem that happened with storeum and vindax is really similar to the problem that happened with coineal. I have seen so many projects were running IEO on those crap sites were not getting their funds as it has scammed by the exchange site itself.
Vindax is a scam exchange site since it was created.
Exchange site has control over the funds and what we can do to spread awareness.

Sincerely speaking I have yet to hear anything  scammy  about Vindax exchange. One thing I have known about the exchange is the fact that it is not a trusted or reliable exchange to trade. Never attempted to trade there and I won't.

I think this is the first CEX exchange that requires ETH to withdraw any ERC20 token that you have in that exchange. When I first time tries to withdraw a token from that exchange it asks me to deposit 0.02 eth for withdrawing. I have never seen this any other exchange. I left my fund there. Also Their website a very very slow. It's totally a very very poor exchange. Even I will think twice to give that exchange 1 out of 10. Stay away from that exchange.

Has anyone had problems with enabling 2fa - google authentication or Authy app on Vindax?
I still have a problem with it and either I can't enable that on the Vindax website (for example button is not working), or I have the message "code does not match"
The application should run smoothly and the time is synchronized.
Do anyone have idea what is wrong?

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EDIT - Finally AUTHY desktop app worked. However, it took over a week to withdraw funds.

I cant say if they are legit or not cause i havent traded on that exchange, but so far as i read the comments vindax isnt a good exchange to trade your tokens,  All i know is ive seen many ieo projects on that exchange but all failed.

Vindax is definitely on the list of exchanges that can't be trusted, they've been accused of many bad behaviors from traders and projects team who wanted to raise fund through IEO on the exchange, the choice is yours to make

Why does it take more than 1 week to withdraw money? If that's true, then this exchange is really terrible. I will never use this exchange because there are too many FUDs from users, and in addition they perform a lot of IEO scam and cause many investors to lose money.

indeed thats pretty long wait .  we withdraw because we badly need it anyway  . i think withdrawals here are manual  , that is why  .

 but there is still another problem that they are facing which make them a poor choice . we cant say scam if they are still procesing withdrawals and still continue to operate because that is bad . maybe users before only miss understood some rules and regulation  that lead for their account to experience some problems .