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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World on: November 02, 2017, 06:38:00 PM
wish they would get this on some more exchanges

Livecoin, Cryptopia, soon HitBTC, since today Palmex - what else you need? Smiley



Hello dear Bitcoin Talk community!

My 3 hour long transaction to buy BTC - DBIX on Palmex exchange yesterday (31/10/17) was it seems mined 12 times and bought and sold 12 times on the exchange! In the process I was charged ca 0,08000000 BTC which was ca USD 200 + price! Later yesterday, together with DBIX coin price drop it was substantial loss. Considering that my transaction was worth ca USD 1200  in BTC it is extreme mining/exchange price to pay! Anybody had similar experience? Looks like exchange scam scheme of Palmex. Watch out! I have opened ticket on Palmex but no response (yet).  Huh

Transaction history of deposit of 0.19830763 BTC from 10/31/17 03:23pm their time on Palmex exchange. 

14994   10/31/17 03:23pm   10/31/17 03:23pm   17.36617093 DBIX   Buying 17.36617093 DBIX   55.09926218 DBIX   72.46543311 DBIX    Done
14993   10/31/17 03:23pm   10/31/17 03:23pm   -0.04862528 BTC   Selling 0.04862528 BTC   0.04862528 BTC   0 BTC    Done
14991   10/31/17 03:23pm   10/31/17 03:23pm   9.28307964 DBIX   Buying 9.28307964 DBIX   45.81618254 DBIX   55.09926218 DBIX    Done
14990   10/31/17 03:23pm   10/31/17 03:23pm   -0.02598334 BTC   Selling 0.02598334 BTC   0.07460862 BTC   0.04862528 BTC    Done
14988   10/31/17 03:23pm   10/31/17 03:23pm   5 DBIX   Buying 5 DBIX   40.81618254 DBIX   45.81618254 DBIX    Done
14987   10/31/17 03:23pm   10/31/17 03:23pm   -0.0135 BTC   Selling 0.0135 BTC   0.08810862 BTC   0.07460862 BTC    Done
14985   10/31/17 03:23pm   10/31/17 03:23pm   17.40932722 DBIX   Buying 17.40932722 DBIX   23.40685532 DBIX   40.81618254 DBIX    Done
14984   10/31/17 03:23pm   10/31/17 03:23pm   -0.04700518 BTC   Selling 0.04700518 BTC   0.1351138 BTC   0.08810862 BTC    Done
14982   10/31/17 03:23pm   10/31/17 03:23pm   1.76 DBIX   Buying 1.76 DBIX   21.64685532 DBIX   23.40685532 DBIX    Done
14981   10/31/17 03:23pm   10/31/17 03:23pm   -0.00475165 BTC   Selling 0.00475165 BTC   0.13986545 BTC   0.1351138 BTC    Done
14979   10/31/17 03:23pm   10/31/17 03:23pm   21.64685532 DBIX   Buying 21.64685532 DBIX   0 DBIX   21.64685532 DBIX    Done
14978   10/31/17 03:23pm   10/31/17 03:23pm   -0.05844218 BTC   Selling 0.05844218 BTC   0.19830763 BTC   0.13986545 BTC    Done
14838   10/31/17 12:10pm   10/31/17 03:14pm   0.19830763 BTC   
Deposit of 0.19830763 BTC

first before blaming anyone you should check your stand also. If you are new in crypto then you should at least ask here. You shouldn't have traded on plamex so early, it was just a soft launch, a recent launch and there can be bugs. Also you should know that new small volume exchanges are only meant for small trades, if you want to do high volume trades then you should go to big exchanges like livecoin which have high daily trading volume(around 200k usd currently). I only see your mistake here and you are blaming them Huh

WTF? Seriously? You're blaming a newbie for using a service that was open for trading? Soft or not, if it can't handle a trade it shouldn't have opened. I literally cannot understand where you're coming from in your response.

@d_vranco Palmex isn't a scam, their intention is right. The problem is the white label exchange is a pile of crap. They've bought a lemon so to speak. Terrible UX, it's literally the worst of any exchange I've ever seen and I've used many. It's also buggy. How are white labels buggy? Who is selling and who is buying buggy software? There are white labels exchanges available that work and have a decent UX. After reviewing all the white label exchanges available for purchase, why choose literally the worst one?

Hopefully, AC move forward and concentrate on areas they should be. Like getting more companies to use their blockchain and really pushing hard on getting Studio/Thuraya out there. If DBIX is reading this, please no soft launch for Studio. If it's not ready don't put it out there until it is.



Thank you all for answers! I have found out what happened. To me DBIX were sold between 0.00270000 and 0.00280000 BTC per 1 DBIX and automatically on the exchange I was offered lowest DBIX price, around 0.00110000 BTC . That explains the difference of ca 200 USD. Palmex responded within hour or so and they were very professional and correct in their answers.
 
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ArabianChain - DubaiCoin (DBIX) - Smart Contracts from Dubai to the World on: November 01, 2017, 05:49:36 AM
wish they would get this on some more exchanges

Livecoin, Cryptopia, soon HitBTC, since today Palmex - what else you need? Smiley



Hello dear Bitcoin Talk community!

My 3 hour long transaction to buy BTC - DBIX on Palmex exchange yesterday (31/10/17) was it seems mined 12 times and bought and sold 12 times on the exchange! In the process I was charged ca 0,08000000 BTC which was ca USD 200 + price! Later yesterday, together with DBIX coin price drop it was substantial loss. Considering that my transaction was worth ca USD 1200  in BTC it is extreme mining/exchange price to pay! Anybody had similar experience? Looks like exchange scam scheme of Palmex. Watch out! I have opened ticket on Palmex but no response (yet).  Huh

Transaction history of deposit of 0.19830763 BTC from 10/31/17 03:23pm their time on Palmex exchange. 

14994   10/31/17 03:23pm   10/31/17 03:23pm   17.36617093 DBIX   Buying 17.36617093 DBIX   55.09926218 DBIX   72.46543311 DBIX    Done
14993   10/31/17 03:23pm   10/31/17 03:23pm   -0.04862528 BTC   Selling 0.04862528 BTC   0.04862528 BTC   0 BTC    Done
14991   10/31/17 03:23pm   10/31/17 03:23pm   9.28307964 DBIX   Buying 9.28307964 DBIX   45.81618254 DBIX   55.09926218 DBIX    Done
14990   10/31/17 03:23pm   10/31/17 03:23pm   -0.02598334 BTC   Selling 0.02598334 BTC   0.07460862 BTC   0.04862528 BTC    Done
14988   10/31/17 03:23pm   10/31/17 03:23pm   5 DBIX   Buying 5 DBIX   40.81618254 DBIX   45.81618254 DBIX    Done
14987   10/31/17 03:23pm   10/31/17 03:23pm   -0.0135 BTC   Selling 0.0135 BTC   0.08810862 BTC   0.07460862 BTC    Done
14985   10/31/17 03:23pm   10/31/17 03:23pm   17.40932722 DBIX   Buying 17.40932722 DBIX   23.40685532 DBIX   40.81618254 DBIX    Done
14984   10/31/17 03:23pm   10/31/17 03:23pm   -0.04700518 BTC   Selling 0.04700518 BTC   0.1351138 BTC   0.08810862 BTC    Done
14982   10/31/17 03:23pm   10/31/17 03:23pm   1.76 DBIX   Buying 1.76 DBIX   21.64685532 DBIX   23.40685532 DBIX    Done
14981   10/31/17 03:23pm   10/31/17 03:23pm   -0.00475165 BTC   Selling 0.00475165 BTC   0.13986545 BTC   0.1351138 BTC    Done
14979   10/31/17 03:23pm   10/31/17 03:23pm   21.64685532 DBIX   Buying 21.64685532 DBIX   0 DBIX   21.64685532 DBIX    Done
14978   10/31/17 03:23pm   10/31/17 03:23pm   -0.05844218 BTC   Selling 0.05844218 BTC   0.19830763 BTC   0.13986545 BTC    Done
14838   10/31/17 12:10pm   10/31/17 03:14pm   0.19830763 BTC   
Deposit of 0.19830763 BTC
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