They are scammers and even after giving proof of fake volume CMC is supporting them and not taking action on them ,
and they are making innocent and new people fool.
It's a very sad situation.
they have scammed more then 2 million BITSUM coin of users and then reported that its technical issue of wallet and its coin wallet issue
are many coins
problem is its very difficult to trace such exchanges
truth and with this it is very difficult to go to report the case to the police, but even being difficult we can not give up to report these scammers
Where the hell did you find this weird exchange? there are many exchange that has decent volumes, which has a great reputation, that has years of service and people leave these excellent exchange and use this strange exchange? why did people do that? I can not understand this.
Lot of coin buyer reported this exchange they have kept BSM coin and many oter coin , there withdrawl is very poor, support people are useless , dont know how to handle users, abuse users when they ask for misplaced coin in exchange .
I marked those two points. the second point is something that many exchange has problems, but even so still does not continue to understand why the hell someone would use this exchange when there are many exchange that are better
If we do try too look at on the market where those coins can be traded you wont really have any options but to sell out or end up on using that exchange being listed by CMC. Even as an experienced trader or crypto user you would really have the tendency to use up this exchange and would try out that you might able to exchange those tokens. The thing i can blame of that CMC do really list up those shady exchange or markets without even verifying if it do pays or not. This would be a lesson learned for those people who use up non so popular exchange.
Is true what you said, but we have to wait for the coin to be listed in some good exchange, we should not run to bad exchange just because it is the only place where the coin is listed. we have to be patient and expect good exchange to list the currency and this also raises the question of the quality of that coin