Bitcoin Forum
September 24, 2018, 10:21:51 PM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
 
  Home Help Search Donate Login Register  
  Show Posts
Pages: [1]
1  Economy / Scam Accusations / BitexBay Is a scam Exchange on: September 05, 2018, 07:33:37 PM
Scamming Exchange Site:: BitexBay.com

Scammers Profile: https://bitcointalk.org/index.php?action=profile;u=2128246 and https://bitcointalk.org/index.php?action=profile;u=2329988 :
Ann Link: https://bitcointalk.org/index.php?topic=4838557

Scammed AMount: Unlimited
Payment Methood: Various

Reason and Proof 1: Archive: https://archive.is/TjaCC on this archive you can see their mismatch calculation. It should be Latest Price(BTC)   24H Volume*24H Volume= 24H Amount(BTC)
It might be not exact of these rule but it should be approximate. But they are totally different for almost all currency. They showed a lots of trading volume actually they have not. They update it by typing where it should be updated on each trade.

Reason and Proof 2: After lisiting a coin if they have good deposit then they disable withdraw of the coin. There are too many coins who have no option to withdraw. To check this you have to create an account on their site. Archive: https://archive.is/RuOcu

Reason and Proof 3: They are locking account who has good deposits. To see proof you can join their discord. Sorry but they have removed their discord link and I have no access of their channel.

Reason and Proof 4: They have removed all their contact info from their site. They send direct message on discord to the project admin to list their coin. And on their support link they have no contact info or form. Archive: https://archive.is/zq4tf

Reason and Proof 5: Buy and sell order is too much difference. In this case there is no chance to make transaction. But according to them they had a lots of transaction and its volume is good. For example you can see: http://prntscr.com/kr0xay
To check it more you can just check trade of any currency for 24 hours. if there is trade of 0.001 btc on their volume you would be able to see few bitcoin.


Few More referrence:
*** https://bitcointalk.org/index.php?topic=4763106.0
*** https://bitcointalk.org/index.php?topic=4929002.0
*** https://bitcointalk.org/index.php?topic=665858.3800
*** https://bitcointalk.org/index.php?topic=3744621.msg42929285#msg42929285
*** https://bitcointalk.org/index.php?topic=2496037.msg43296766#msg43296766
*** https://bitcointalk.org/index.php?topic=4644964.msg42929204#msg42929204

1. https://bitcointalk.org/index.php?topic=4838557.msg44392596#msg44392596
2. https://bitcointalk.org/index.php?topic=4838557.msg44639193#msg44639193
3. https://bitcointalk.org/index.php?topic=4838557.msg44929014#msg44929014
4. https://bitcointalk.org/index.php?topic=4838557.msg44974181#msg44974181
5. https://bitcointalk.org/index.php?topic=4838557.msg45111175#msg45111175
6. https://bitcointalk.org/index.php?topic=4838557.msg45111890#msg45111890
7. https://bitcointalk.org/index.php?topic=4838557.msg45168761#msg45168761
8. https://bitcointalk.org/index.php?topic=4838557.msg45171188#msg45171188
9. https://bitcointalk.org/index.php?topic=4838557.msg45183692#msg45183692
10. https://bitcointalk.org/index.php?topic=4838557.msg45187436#msg45187436
11. https://bitcointalk.org/index.php?topic=4838557.msg45199087#msg45199087
12. https://bitcointalk.org/index.php?topic=4838557.msg45204603#msg45204603
There are many more proof. You would be able to find out if you search on bitcointalk.


Conclusion: By above discussion it is proved that it is a scam exchange site.


BitexBay
bitexbay
bitexbay.com
Pages: [1]
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!