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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: KOdomination on June 29, 2021, 07:27:56 PM



Title: Selling SUMcoins
Post by: KOdomination on June 29, 2021, 07:27:56 PM
Hello i am trying to sell my SUM coins at STEX, as discribed on the stex web page:
https://help.stex.com/en/articles/4791059-how-works-sum-trade-by-index-price

They will sell it for +/- 1% and they do have minimal bid, so i did the minimal bid but they cancel my orders.... Dont know why maybe someone has experience how to sell quickly my SUM coins i have currently 5 sum coins on trading account and 95 more in my SUM wallet thank you


Title: Re: Selling SUMcoins
Post by: Bitcoin_Arena on June 29, 2021, 08:54:43 PM
The article is clear on how the price index of sumcoin works and what you must do in order for the trade to get executed successfully.

1. Your buy or sell order price has to be within +1% or -1% of the index price at that specific time.
2. Existing orders will also get automatically cancelled should the increase or decrease by more that 1% from your order price.

If you are still confused on how Sumcoin index is traded, you can also contact their support - support@sumcoinindex.com


Title: Re: Selling SUMcoins
Post by: DaveF on June 29, 2021, 09:04:27 PM
Read through this thread: https://bitcointalk.org/index.php?topic=5162419.0

Short version: Sumcoin is a scam. And there is no way to sell them. The developer has blocked everyone who asks questions.
There is github for the wallet so you can't compile your own.

There is no trade volume anyway.

Sorry but it's a scam.

-Dave


Title: Re: Selling SUMcoins
Post by: Distinctin on June 29, 2021, 11:39:20 PM
I think you need to move on and forget about SUMcoins, just consider them as your collection.
It is really disappointing but have nothing to expect for that scam project. Sooner or later, it will be delisted on the exchange (STEX).

If you have this coin for free, it wasn't a big deal but if you participate there selling, that will be you lose. I hope this will be a sort of example and the next time, you will never fall into a scam project.


Title: Re: Selling SUMcoins
Post by: KOdomination on June 30, 2021, 09:45:36 AM
So admin of this site : https://cryptogainx.com/

Contact me and told me i can invest in sumcoin and then withdraw in other crypto should i beleive him? Can someone knows about this hyip?