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1  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Be careful about trading at PayBito on: September 05, 2019, 05:51:12 PM
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The PayBito platform does not support withdrawall in cryto form and only supports withdrawall in the form of fiat, which is USD, and even then only applies to bank accounts opened in US.

The question is why PayBito can accept Crypto but can't do transfer or withdrawall in Crypto. I see this as a trap.


Regarding this, say in forum that- As a long time PayBito user, I can tell you that, the reason you are not able to send/receive is if either you have not submitted your KYC documents or your KYC was not complaint to Paybito standards. Paybito only allows send/receive of assets if KYC was approved.

In case of Triggers, on Blocksafe Inc request (due to rush during Binance delisting of Triggers), Paybito tried to help Blocksafe by allowing Trigger receive to Paybito without KYC approval. Now when you are trying to send out Triggers (Paybito is now delisting Triggers), Paybito needs full KYC compliance.

As a user of several exchanges, I think we should all be more responsible and know the truth before shamming others.
2  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Be careful about trading at PayBito on: September 05, 2019, 01:48:39 PM

The PayBito platform does not support withdrawal in crypto form and only supports withdrawal in the form of fiat, which is USD, and even then only applies to bank accounts opened in US. The question is why PayBito can accept Crypto but can't do transfer or withdrawal in Crypto. I see this as a trap.


Of course, it can be a big trap especially if there is no advisory of that restriction before anybody will be using the platform. You see, there are now many exchange sites working only for the interest of the people behind it and not thinking of the welfare of its users...soon those sites will just a natural death because people will eventually know what a platform is up to. I am glad to see this warning and brought up here so that anybody can search for it online and they get aware of the situation before doing business with PayBito.

Users can withdraw crypto by using the “Send to others” option in Send action from My Wallets page.
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