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Author Topic: Is this exchange a scam?  (Read 221 times)
FFrankie (OP)
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January 24, 2018, 05:15:26 AM
 #1

https://garlicoin.exchange/

^I signed up but never got a confirmation email
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January 24, 2018, 06:26:55 AM
 #2

I have never tried garlicoin.exchange but if email confirmation may take a while or server is under repair, wait 1X24 hours to get the coin confirmation, otherwise it might be a scam exchange

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January 24, 2018, 07:25:24 AM
 #3

Never had to try this exchange. Never try to trust all your funds in an exchange, anytime they can shutdown their platform if they want. Try to transact a little amount first on that and if everything goes fine then, its up to you whether you will put big money on it.
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January 24, 2018, 10:14:31 PM
 #4

Oh, I saw this url in the garlicoin reddit. A guy was trying to sell the domain name so someone could start an exchange with it.
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January 24, 2018, 10:28:03 PM
 #5

I have never heard about Garlicoin exchange. In your place I would wait to have enough confirmations by other users that the exchange is trustful before giving it the control over your precious coins.

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January 24, 2018, 11:40:19 PM
 #6

Seriously there have been some of scams already with shady exchanges, just don't risk your money with random ones that you don't really know if they can be trusted or not. You have the most known ones where you most probably won't get scammed (binance, bittrex, bitfinex..). its up to you but i wouldn't recommend using random ones...

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January 24, 2018, 11:43:26 PM
 #7

Never had to try this exchange. Never try to trust all your funds in an exchange, anytime they can shutdown their platform if they want. Try to transact a little amount first on that and if everything goes fine then, its up to you whether you will put big money on it.
Believe it only to an exchange that already has a good reputation. Look for references on the internet and we can see that only a few exchange have high trust like bittrex. It is true that every exchange can go quickly and they bring all the amount we have. Never try an exchange that does not yet have a good reputation !!
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January 24, 2018, 11:43:43 PM
 #8

I've never heard of it either.

It's not even listed here
https://coinmarketcap.com/exchanges/volume/24-hour/

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January 25, 2018, 02:11:01 AM
 #9

Never heard of it and I will never risk my coins on this exchange.

I agree with other people that the website looks awful. It look like it was created from a website creator template.

I honestly do not know if they are a scam but  even though their intention would be a legit exchange the coding of the website seems sloppy and very easy to hack.

Unless they change their websites design and security I will never put a coin on this exchange.



littleDarper
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January 25, 2018, 02:20:31 AM
 #10

GarliCoin with a picture of a garlic? Haha, I don't think this is a serious exchange. I wouldn't trust it unless it has some very obscure altcoin you cannot find anywhere else, then I'd only risk a very small amount at that, with an even smaller initial deposit and withdrawal to test if it works and make sure the deposit doesn't just vanish. Otherwise this exchange is unheard of.

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January 25, 2018, 03:03:19 AM
 #11

Well this is the first time i am hearing about this exchange.In any case i think you should check your spam folder to see if you will find the email and if you don't find it you may have to request again and maybe submit a support ticket or so that is if they have one.

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January 25, 2018, 03:37:26 AM
 #12

No way to tell if its trustworthy or not but there's an OTC trading thread for Garlicoin here where you can buy/sell using escrow which might be a safer option for trading: https://bitcointalk.org/index.php?topic=2802873.0

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January 25, 2018, 08:01:21 AM
 #13

Entering the site for the first time, I certainly would not use it.
A feeling that he made a schoolboy)
There are no reviews about it at all.

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January 25, 2018, 08:10:06 AM
 #14

OP, by the name of that site alone, I do not have to click that link you posted to know that I would never ever make an account there. Garlicoin Exchange? Really? What are the owners trying to do, keep the exchange away from vampires? Hahaha.

Do not use the exchange. It might not be a scam, but it might not be safe either.

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Alex_nutis
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January 25, 2018, 08:24:29 AM
 #15

I've never heard of such an exchange. There are more than 20 trusted and reliable exchanges where you can find any crypto currency. Why do you need this exchange?

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January 25, 2018, 08:37:49 AM
 #16


Never heard of that exchange, its best to just not use it. Moist of the time if it looks like a scam, it really could be a scam. Give the ma chance to scam you by sending just few coins there and you might just get to be one of is victim. If you are unsure about it and you know its not neccesary to use htem, then just forget the exchange.

Here are list of exchanges with the volumes and which token is being traded there.

https://coinmarketcap.com/exchanges/volume/24-hour/all/

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tech72
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January 25, 2018, 09:38:16 AM
 #17

Don't trust this exchange. What is the reason you are buying from here? It might be a new exchange and so I might have not heard of this. You should avoid sending your money to this exchange. Lots of scam going on now a days and you should only send money to legit sources.

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January 25, 2018, 10:05:33 AM
 #18

Look at the opinions of everyone no one even heard about this exchange before, even I tried to find the information and I didn't find anything about this exchange. All and also I advise you not to risk entrusting to a exchange that have existed before.

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January 25, 2018, 10:09:13 AM
 #19

https://garlicoin.exchange/

^I signed up but never got a confirmation email
never even heard of it, and if they cant even afford to send a confirmation email that should be a red flag, hope this isnt a phishing attempt by these guys!

The only way to protect yourself Stick to exchanges you can find on coinmarket for any listed coin on CMC
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January 25, 2018, 10:10:26 AM
 #20

I've never heard of such an exchange. There are more than 20 trusted and reliable exchanges where you can find any crypto currency. Why do you need this exchange?

Yeah like don't try exchanges that's look like shady and not even known. Don't risk your money to some new exchanges that's popping out because they're just taking the advantage of it and making sure that you'll get into their bait and it's dead end for you brother.
Sometimes our curiosity ca lead us to something we will never forget.

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