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Author Topic: Yobit SCAM, "Transfer from cold storage" message, funds not being released  (Read 186 times)
hihellothere (OP)
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January 09, 2018, 05:35:26 PM
 #1

Hi all, I wish I found this forum before signing up to Yobit.

I've had 193.551VTC (Vertcoin) stuck there since Sunday the 7th of January 2018. While it only took minutes from my Vertcoin to go from my wallet to Yobit, it's taken more than two days and the sending to another exchange still hasn't been processed.

The status is showing as Transfer from cold storage. But why would it be in cold storage when I added the coins there around less than an hour before.

I've had a look around and it seems that a lot of people have had this Cold Storage issue, often with their funds being left in limbo on an ongoing basis.

I've messaged support, and of course no answer. Usually I would be more patient with this, but considering I've seen that people weeks in to their support request still haven't received help, I don't think there's any point waiting.

If a Yobit representative is reading this please help my transfer my funds from your site.

From looking around this is a known ongoing issue. So simply for the fact that they hold people's money and don't warn against this, they have to be considered a scam. I've used multiple exchanges without any withdrawal issue, so it's not that I'm making any newbie mistakes. Yobit is simply withholding my funds for no real reason.

Any advice for dealing with this would be appreciated, whether it's legal or otherwise.
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assada1450
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January 20, 2018, 11:16:37 PM
 #2

Has your issue been resolved?

Transfer from Cold Storage yobit??
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January 20, 2018, 11:37:22 PM
 #3

I think I strongly agree to rate yobit is a 'scam' site because there are still some vidz I transfer from could storage

whereas the previous wd without any significant problems.
Similar thing happened to the ticket support I sent.
without a response a word was reciprocated from them.

let us work together so that this can remind all members of this forum to be more careful 'to the site.

link proof https://prnt.sc/i3ao3q
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January 21, 2018, 01:25:34 AM
 #4

I think I strongly agree to rate yobit is a 'scam' site because there are still some vidz I transfer from could storage

let us work together so that this can remind all members of this forum to be more careful 'to the site.

link proof https://prnt.sc/i3ao3q

haff, in this same section there are many accusations against yobit, it is not news that they have the worst service ever, you can not expect good things coming from yobit. there are people who have lost a lot of bitcoins because of using yobit, stay away from yobit and about support, they have not answered support tickets for years so do not expect them to answer your ticket, unfortunately this is the situation

Has your issue been resolved?

I doubt they have solved it.

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January 21, 2018, 09:03:04 AM
 #5

Hi all, I wish I found this forum before signing up to Yobit.

I've had 193.551VTC (Vertcoin) stuck there since Sunday the 7th of January 2018. While it only took minutes from my Vertcoin to go from my wallet to Yobit, it's taken more than two days and the sending to another exchange still hasn't been processed.

The status is showing as Transfer from cold storage. But why would it be in cold storage when I added the coins there around less than an hour before.

I've had a look around and it seems that a lot of people have had this Cold Storage issue, often with their funds being left in limbo on an ongoing basis.

I've messaged support, and of course no answer. Usually I would be more patient with this, but considering I've seen that people weeks in to their support request still haven't received help, I don't think there's any point waiting.

If a Yobit representative is reading this please help my transfer my funds from your site.

From looking around this is a known ongoing issue. So simply for the fact that they hold people's money and don't warn against this, they have to be considered a scam. I've used multiple exchanges without any withdrawal issue, so it's not that I'm making any newbie mistakes. Yobit is simply withholding my funds for no real reason.

Any advice for dealing with this would be appreciated, whether it's legal or otherwise.

Just because you have deposited an hour ago doesn't mean that these coins can not be depleted by another guy who is requesting a withdrawal before you have. If the hot wallet was already low, and a person requests a withdrawal, of course the hot wallet could still be depleted.

But if you're waiting till now(not sure if you're still are since you haven't followed up), then it's not acceptable.

Nobody should have to wait for such long times for their funds to arrive, cold storage transfer or not. I'm surprised there isn't anyone else complaining about vertcoin withdrawals on yobit at the mmoment, though. Maybe this problem only affects you for whatever reason?

Smiley
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January 21, 2018, 09:43:51 PM
 #6

Hi all, I wish I found this forum before signing up to Yobit.

I've had 193.551VTC (Vertcoin) stuck there since Sunday the 7th of January 2018. While it only took minutes from my Vertcoin to go from my wallet to Yobit, it's taken more than two days and the sending to another exchange still hasn't been processed.

The status is showing as Transfer from cold storage. But why would it be in cold storage when I added the coins there around less than an hour before.

I've had a look around and it seems that a lot of people have had this Cold Storage issue, often with their funds being left in limbo on an ongoing basis.

I've messaged support, and of course no answer. Usually I would be more patient with this, but considering I've seen that people weeks in to their support request still haven't received help, I don't think there's any point waiting.

If a Yobit representative is reading this please help my transfer my funds from your site.

From looking around this is a known ongoing issue. So simply for the fact that they hold people's money and don't warn against this, they have to be considered a scam. I've used multiple exchanges without any withdrawal issue, so it's not that I'm making any newbie mistakes. Yobit is simply withholding my funds for no real reason.

Any advice for dealing with this would be appreciated, whether it's legal or otherwise.

I have never experienced any problems with transactions in yobit, I hope this can be useful information for others to be more careful, but more important is the yobit can solve this problem as well as possible, where the constraints can happen like this .
there is no problem that can not be solved if there is a will to improve.

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January 22, 2018, 12:24:25 AM
 #7

I really don't think Yobit has gone full-blown scam (yet), but their customer service is almost nonexistant and that's been known for quite a while.  They're one of the few exchanges that I've actually used, and I've never had a real problem with them.  But they're shady, mostly because they don't communicate with their customers--which would never fly if it was an online stock broker.

I had some Dash that was frozen for some time, as the wallet was in "maintenance mode".  That was solved by trading Dash for BTC and withdrawing the BTC.  Don't know if OP is ever going to come back to tell us if his problem was resolved, but I suspect it has been.

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niemann
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January 22, 2018, 06:17:26 AM
 #8

Guys, bail out from Yobit before you suffer my faith. They stole everything from my BTC wallet.
You can check out the details at this topic: https://bitcointalk.org/index.php?topic=2726811.0
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January 22, 2018, 07:37:47 AM
 #9



Just because you have deposited an hour ago doesn't mean that these coins can not be depleted by another guy who is requesting a withdrawal before you have. If the hot wallet was already low, and a person requests a withdrawal, of course the hot wallet could still be depleted.

But if you're waiting till now(not sure if you're still are since you haven't followed up), then it's not acceptable.

Nobody should have to wait for such long times for their funds to arrive, cold storage transfer or not. I'm surprised there isn't anyone else complaining about vertcoin withdrawals on yobit at the mmoment, though. Maybe this problem only affects you for whatever reason?
[/quote]

I also think this is a support that does not serve wholeheartedly
it is a sign of 'a delayed scam for me.'
To this day I have not received support in response to my request
or to process withdrawal some of my vidz.

hopefully this is quickly resolved and yobit 'no' gets the 'SCAM' status for their site.
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