Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.
I will give further updates as the situation evolves if we come to an acceptable agreement as a refund for my 0.227btc
So what's the update now? Do we have some concerns too from other people or this concern is only solely for you? I hope you'll get your 0.227btc as bitcoin reach another new ATH which is at $40k, that's a good amount. No more new updates so far, Im waiting to hear back for them, I hope they just do the right thing considering they are in the wrong here as I used the exchange like anyone expects to be able to use an exchange |
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Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.
I will give further updates as the situation evolves if we come to an acceptable agreement as a refund for my 0.227btc
Yes, the Beaxy team should be responsible for what happened to you sir, I think the team must be more transparent in solving this problem so that trust can return. Yes I hope theyll be honest and just give me back the equivalent of my 0.227 btc I was going to withdraw from their exchange |
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Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.
I will give further updates as the situation evolves if we come to an acceptable agreement as a refund for my 0.227btc
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Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.
I will give further updates as the situation evolves if we come to an acceptable agreement as a refund for my 0.227btc
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Actually it is not surprising because I think this project is a failed ICO because when they held an ICO very few people were interested in this exchange, then until now their trade volume has not increased, sorry to hear of your loss I hope they can return your funds.
I have very little hope to see my funds returned I think. The worst is that I might have been able to sell and withdraw at a much better value in 2019 when they didnt feel yet like they had to steal people's funds because their token was doing ok the first months But by acknowledging the impact of what you did for them, if what you were selling was too much and could have a possible impact on their project, couldn't they have come to a gentleman's agreement with you on "selling modalities" and no party would have been aggrieved? At worst banning the account but in no way stealing an user money because you dont like the way he did 2 trades is acceptable, thats pure and straight scam |
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Actually it is not surprising because I think this project is a failed ICO because when they held an ICO very few people were interested in this exchange, then until now their trade volume has not increased, sorry to hear of your loss I hope they can return your funds.
I have very little hope to see my funds returned I think. The worst is that I might have been able to sell and withdraw at a much better value in 2019 when they didnt feel yet like they had to steal people's funds because their token was still doing ok the first months |
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When you keep your tokens on centralized exchanges, be always ready for situations like this. Given that they have control over all private keys to all tokens stored on the exchange, they have a right to these tokens if they feel you violated their rules. "Not your keys, not your coins" is the motto we must never forget. It seems the token you were trying to sell had very low volume, and very few buyers willing to purchase your offer. That had resulted in a huge price movement, which is considered to be market manipulation according to exchange policies. Check their FAQ for more info https://beaxy.com/market-impact/Though I wouldnt call 13% a huge price movement, it just went from 22 to 19 (I also sold in usdc 1/3 of it to make the impact smaller on the market) and recovered fast then going to 25-26 so I didnt really make their market suffer so even that lame excuse doesnt work. Plus anyway, I had made similar movements on many other exchanges with low liquidity coins and never any of them froze my funds for market selling ( that just goes against the very first thing trading is if you cant freely sell what you want) because none of them had such an abusive rule. Im mostly annoyed because I kept the funds for more than one year on my key as a good supporter of their project and suddenly when I finally decide to sell one year later after my funds went from 1 btc to 0.22, I transfer my tokens on their exchange ( no other place to sell it, its their token ), their only reaction is to steal whats left of my asset value and after making me wait 1 month for an answer just tell me " If you want to dispute that, contact our lawyer " Lol |
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Fair announcement, this is a good warning so everyone will stay away from this site.
You know better because you had promoted the campaign before.
I'm just wondering why they don't have a scam accusations in this forum?
Yes I'm quite schoked that I have to do this for a project I worked for, after supporting the project for so long and doing their campaign that they would decide to scam me of what's now worth 7000 USD, they must be desperate for money. But at least, even if I never get back my money, I will have prevented them to steal others. I will try to make a scam accusation myself ( not sure of the process yet, never had to do that) You can use the scam report format seen in this thread ; https://bitcointalk.org/index.php?topic=260073.0you can also post in this board https://bitcointalk.org/index.php?board=83.0.. maybe we will see more users who are also scam by the site or project. Thanks I posted there. I'm gonna make a report too Already saw it posted, thanks for making the community aware of this problem, let's see how the community react to your scam accusation. I'm watching the thread. I will update it if anything new. I'm trying to see with other telegram members if they had a similar issue |
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Fair announcement, this is a good warning so everyone will stay away from this site.
You know better because you had promoted the campaign before.
I'm just wondering why they don't have a scam accusations in this forum?
Yes I'm quite schoked that I have to do this for a project I worked for, after supporting the project for so long and doing their campaign that they would decide to scam me of what's now worth 7000 USD, they must be desperate for money. But at least, even if I never get back my money, I will have prevented them to steal others. I will try to make a scam accusation myself ( not sure of the process yet, never had to do that) You can use the scam report format seen in this thread ; https://bitcointalk.org/index.php?topic=260073.0you can also post in this board https://bitcointalk.org/index.php?board=83.0.. maybe we will see more users who are also scam by the site or project. Thanks I posted there. I'm gonna make a report too |
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Update 2 : The case has been resolved, an agreement has been found with Beaxy
Update : For the sake of transparency, I inform you that the situation evolved and Beaxy team contacted me to try to work with me in order to find a good outcome on the matter.
I will give further updates as the situation evolves if we come to an agreement
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Fair announcement, this is a good warning so everyone will stay away from this site.
You know better because you had promoted the campaign before.
I'm just wondering why they don't have a scam accusations in this forum?
Yes I'm quite schoked that I have to do this for a project I worked for, after supporting the project for so long and doing their campaign, that they would decide to scam me of what's now worth 7000 USD, they must be desperate for money. But at least, even if I never get back my money, I will have prevented them to steal others. I will try to make a scam accusation myself ( not sure of the process yet, never had to do that) |
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WARNING : Do not use Beaxy, at any cost, they can lock your funds forever if they judge one of your tradings had an impact " Too high " On their market ( in my case a simple "impact" Of 13% with 4000 dollars worth of tokens I wanted to sell, a sell they judged too big, enough to freeze these funds forever) , a ridiculous and obviously abusive rule you see on no serious exchange and that they just use as an excuse to keep your funds.
It's my responsibility to warn the community now I discovered the true face of Beaxy and the scamming nature of their rules and the shady way they use their platform to lock users funds on their platform.
DO NOT USE THIS EXCHANGE if you care about your money, there is a huge risk that you would lose all your funds deposited.
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Read the rules, you wont get any stakes for a report made the first day of the twitter week, it needs to be done on the last day, each friday, the 25th in that case |
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Twitter , youtube and article rules have been updated, make sure you check them to not miss any stakes
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The post has to be made on friday, you cant post it now and only update it on friday |
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i just saw this project and i am interested to learn it but what i confuse is, what if later i have questions to the team? because I see you don't have a group to start a conversation with investors. If you have a group to discuss please give me link
Hello, there is no telegram group but there is a discord group if you use discord |
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Articles and Youtube Campaign are now open to other languages than english !
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BTC just broke ATH !
Good things are coming for altcoins !
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