Bitcoin Forum

The Draken Project is a very useless type. I sent the coins and the hashes were created, but they again came in my wallet. When I talked to the team about it, they blocked me.They told me that we can only do support you and we cannot give solutions. You have to find the solution yourself. So with folded my hand, I beg that no one go towards that project.Do not waste your hard-earned money for such a project. See how much they hate bounty hunters.

Links
https://Draken.exchange
https://Draken.tech
https://i.ibb.co/hRcwxnL/IMG-20201206-WA0000.jpghttps://i.ibb.co/DpqzcPk/IMG-20201206-WA0001.jpg
https://i.ibb.co/s3BvVTy/Screenshot-2020-12-06-22-17-16-842-org-telegram-messenger.png
https://i.ibb.co/3YfVWs3/Screenshot-2020-12-06-22-17-26-144-org-telegram-messenger.png (https://ibb.co/G3sGkJ6)
https://i.ibb.co/X8rfx2r/Screenshot-2020-12-06-22-17-39-298-org-telegram-messenger.png

Same think happened with me i do write articles for them and i am not able to withdraw my reward and admin said you have to deposit amount and withraw high amount. I think they are grabing funds and then ran away. Its not like a normal DEX system.

Which Draken you mean, did you try to explain with draken.tech exchange? I ever sell coin draken there and success withdraw but have pass one month ago, I don't know what happen right now because not see any more. But when I used draken exchange is softly good and look most feature than other exchange because I withdraw ethereum process few minutes, but there have little coin and basicly still promoting with his coin platform DRK, I don't know if this exchange have been scam and not good for investing there because when I got coin sell fast without waiting price going up.

Sounds like a trap, the moment you send some bitcoin into the exchange it might be the last time you will see your bitcoin again, I always try to exclude myself from new exchange projects that plans to pay participants or send participants token into the exchange account, they always back bite their their promoters

Yes they blocked me even and say same thing to me that they only Support me and solution i have to find it myself. They don't have anyone who take responsibility for this.

If we do withrawal with crosschain is there is a fees in btc as well as in respected coin if i want to withdraw btc?

Full agreed with you project responsible want only promotion of there project but they don't want to pay anything on time or till there project got sucessful. These guys are doing backbiting with People like us.

i'm sorry to heard about that,,
by the way, if i'am not wrong, this is new exchange right ? my question for you, why you use this exchange buddy
if you know a lot of exchange with better reputations in this crypto world, because for me it safer if we use top exchange

Probably because he is new to crypto? The mistakes that's many newbies keep making over and over is making decisions without seeking for answers, I guess that's what this forum is here for, before making any investment decisions in crypto space seek for answers and past experiences, you will be safe and give thanks in return

They blocked you? LOL that isn't really an exchange. It's like a trap for those people who would come to them and think that they are a legit exchange.
I'm sorry with the misfortune that had happened to you.

Hey Manish2809, you might not have noticed before, there's a section on this forum for topics like this:
https://bitcointalk.org/index.php?board=83.0

I know I'm probably not in a position to give advice to more experienced members, but I've read a lot about cases like this. I think your post would be more useful there.

Wasting time for me its worth it! You will never know the project if legit or scam. Just make some investigation before to invest do not dive in, in the lake without labeling the water if that is deep or not that lesson is you need to know the all information its better to make some research.

They self advertise themselves as a Fourth generation of blockchain in decentralize finance. Wow very impressive at the top of Draken's home page https://draken.tech/#
Click on Ecosystem and choose DRK DEX, I see their exchange that has very poor design. There is four trading pairs on DRK DEX and all are related to DRK. One of the most bad DEX I've ever seen. https://draken.exchange/

The DEX shows 6.692414 BTC are traded in 24 hours. Is it a real volume? Look at the candles and chart, there is no active trading so the volume would not be high like this.

I'm surprised at their traffic rank they have a better traffic rank than Bitcointalk the traffic seems inflated they do not have enough volume to speak off, so many things are not right on the exchange and this is very suspicious.

OP should create a scam thread in the scam section f they have proof and screenshots of the transactions that they are indeed got scam this is a reference for those who will trade on Draken.

I can't believed this, this is the very definition of a scam! Just look at it, you need to DEPOSIT FIRST before you could withdraw??? How is that logical for a legit project? because that's how scam project works. In fact, that's how an obvious scam project operates.

Draken yes there are just 100 like them in this market. Only you seem to be accustomed to the exchange, you like what they leaf through and then it steals money. Vooschem thanks for the tip, we will bypass any conflict issue with the project for me it puts an end to it.

in my impression, the volume is somewhat shady. seems manipulated maybe owed to wash trading just to create that volume. even if you are new to this exchange, you will not get good impression to use their platform.
and if they are legit in business, they should inform their customers about the minimum withdrawal and not that you will find out when youre about to withdraw. thats not a professional approach of a serious crypto exchange.
if the OP has time and proofs, better create a scam accusation thread towards this exchange, so no more traders will be screwed by this exchange

Yes, I also saw that he was new to crypto and never knew which exchanges were good and bad to make, therefore many newbies are stuck with the same cases like this, and it is his fault doing something without having to find out about these exchanges. Maybe this is a very valuable lesson for him how important this forum is to know and ask questions about what they want to do.

Buddy this is dex of dracken blockchain.. They have their own cross chain blockchain.. so there is no ways to Exchange their coin and not listed on any other Exchange. Its not erc20 token.

Draken is exchange coin have platform with erc20 because his coin have smart contract with ethereum platform, but for his exchange you need to connected with your metamask account to created and log in with draken exchange, look the same right now with new coin can sell on bsc exchange but draken have ethereum platform. Maybe less interested from investor make this coin not success raise to higher price and make developer have stop for exchange is working.