Beware of scam BiteBTC exchange

[sjbi]

Dear all, Please read it until the last. It is vary much important.

Beware of scam BiteBTC exchange. I am one of the victim of the fake exchange. I have been scammed of 3 btc by the exchange. My story is my deposition into the exchange was easy. But when it came to the withdrawal, I never got the amount. I made several requests, but what got in reply is BiteBTC Team <support@bitebtc.com>
To:
bardent01@yahoo.com

26 Mar at 9:58 am

Dear Trader,

We're forced to inform that your account has been blocked due to violations of our Terms and Conditions.

This is final decision and we'll not review your applications in future.

We apologize for any inconvenience this caused.


With kind regards,
BiteBTC Support Team
https://bitebtc.com
contact@bitebtc.com 

I am not the only one victimized by the exchange. There are hundreds, who were scammed in the same manner.
https://bitcointalk.org/index.php?topic=4612714.0
https://www.youtube.com/watch?v=-ANviaHapQo
https://coinmarketcap.com/exchanges/bitebtc/
https://www.coingecko.com/en/exchanges/bitebtc

Not only traders, cryptocurrency projects are also being scammed by the exchange. But what is surprising that the exchange is 34th largest and is working without any action. It is scamming newcomers, and old ones are complaining. My point is---everything can happen in cryptocurrency, even open illegal activities? Why concerned authorities are not taking action against such rotten fish, which may affect the entire crypto world? Why people are being scammed openly? This incident has triggered many questions. So please please please please please, help spread this message to the world so such open scammers would be booked and victims are compensated.
Today me, tomorrow you may get trapped in the net laid by this scam.

Guys it is very serious matter, not only to traders, but the entire cryptocurrency world, who are genuine and serious about crypto market.
Thank you.     

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[Jpti]

Thanks for informing of such valuable information. But the news is so sad that you have been scammed.
But do not worry such fake exchanges will get booked one day. And it is the responsibility of all to help bring such scammers to book.
But why authorities concerned are not taking action such scammer even if it is operating freely? It is the issue which should be taken into consideration.
I also think we all should unite against such scammers.

[Viceroy]

This is a very strange situation. I have never heard anything like it. Thank you for your message, sorry for your loss.

[geminiboy]

I created an account there but I have not made any transactions because I heard a lot of complaints, but I have not fully believed, thank you op for explaining the various problems there, this really helps new users to be more careful

[Nekoma2018]

Dear all, Please read it until the last. It is vary much important.

Beware of scam BiteBTC exchange. I am one of the victim of the fake exchange. I have been scammed of 3 btc by the exchange. My story is my deposition into the exchange was easy. But when it came to the withdrawal, I never got the amount. I made several requests, but what got in reply is BiteBTC Team <support@bitebtc.com>
To:
bardent01@yahoo.com

26 Mar at 9:58 am

Dear Trader,

We're forced to inform that your account has been blocked due to violations of our Terms and Conditions.

This is final decision and we'll not review your applications in future.

We apologize for any inconvenience this caused.


With kind regards,
BiteBTC Support Team
https://bitebtc.com
contact@bitebtc.com 

I am not the only one victimized by the exchange. There are hundreds, who were scammed in the same manner.
https://bitcointalk.org/index.php?topic=4612714.0
https://www.youtube.com/watch?v=-ANviaHapQo
https://coinmarketcap.com/exchanges/bitebtc/
https://www.coingecko.com/en/exchanges/bitebtc

Not only traders, cryptocurrency projects are also being scammed by the exchange. But what is surprising that the exchange is 34th largest and is working without any action. It is scamming newcomers, and old ones are complaining. My point is---everything can happen in cryptocurrency, even open illegal activities? Why concerned authorities are not taking action against such rotten fish, which may affect the entire crypto world? Why people are being scammed openly? This incident has triggered many questions. So please please please please please, help spread this message to the world so such open scammers would be booked and victims are compensated.
Today me, tomorrow you may get trapped in the net laid by this scam.

Guys it is very serious matter, not only to traders, but the entire cryptocurrency world, who are genuine and serious about crypto market.
Thank you.     

Thanks for this information.. I've never used this exchange.. but this is a  well come information.. and the name of this exchange .. is just weird

[CaVO32]

also, you can post this thread in the scam accusations board. https://bitcointalk.org/index.php?board=83.0
and if possible, post screenshots of your withdrawal request as well as their reply. that is more tangible proof of your case. haven't used BiteBTC ever. for now, just trade with known exchanges.

[ccsang]

Thanks for let us know about that scam, check the cmc website, bitebtc exchange page is display " We have received reports that user deposits are being withheld. Please be careful with your funds", I think there are a lot of victims like you, I've create account before, luckily haven't deposit cryptocurrency and trading.

[bitstalker]

I had previously suspected that this exchange was problematic because offering a coin was always different from the actual price, I was sad for those who became victims in this exchange

[EdenHazard]

There are many threads about BiteBTC that scammed some people. Some of them have discussed in scam accusations you can see it
https://bitcointalk.org/index.php?topic=4612714.0
https://bitcointalk.org/index.php?topic=5125687.0
https://bitcointalk.org/index.php?topic=5108382.0

[dhiraj0977]

It is really unfortunate to you lose a big amount by such a fraud site, really felt sorry for you, but thanks for your experience with such exchange to helping all of us to prevent from this exchange.

[ashmodeus]

first, i just ... think, how stupid you are, deposited a big amount without check and research about where u put ur money.
what a bitebtc,with the name like that,i also worried did the exchange is safe ?
i also have a question,what u do on shadow exchange like that ?
why didnt go to bittrex maybe,or binance or huobi, more more trusted exchange but u choose the stupid exchange like that ?
what a bad day.

[CryptoKush]

Now many small exchanges lose their solvency and become scam. Therefore, I think that now you need to be very careful and not to keep your cryptocurrency on the exchanges.

[Aleksandra Gurskaya]

I also came across this exchange a week ago and was very sorry. I made a deposit of coins on the stock exchange and so far they are not there. Support is silent, does not respond. I went to their twitter and there people called them scammers.

[Thyristor]

I have account in https://bitebtc.com and which is created in 2018. This is the big exchange looking total volume $236,513,395 USD
57,844 BTC check here https://coinmarketcap.com/exchanges/bitebtc/ yes, many victim making a lot of threads about this scam. Thanks for the information still i have 0.89 ETH here.

[Fesatmas]

I used BitBTC exchanges but when I traded it couldn't, so I never used that exchange after many people that BiteBTC was an indication of scam.

[eagleman]

I have seen those forced closure of accounts made by bitebtc and everyone should be aware using them. Before that day comes that there will be another complain from the forum, it's best for us to stay away from this exchange before experiencing this. They didn't even gave reason why they did that.

[pacman7331]

In the previous month, the same thing happened in Latoken exchange! A lot of people's account got suspended without any notice! Then hundreds of people claimed the problem in the telegram group and the Latoken team said the same words, they can't do anything! But after a few days later, every account was okay again! It can be a major bug! So, I think your account may okay after some days later, though I don't know much about Bitebtc exchange and never created an account there, still, this is not the sign of a scam, as I experienced the same incident in another exchange and that exchange is growing now!

[Aalu]

Dear all, Please read it until the last. It is vary much important.

Beware of scam BiteBTC exchange. I am one of the victim of the fake exchange. I have been scammed of 3 btc by the exchange. My story is my deposition into the exchange was easy. But when it came to the withdrawal, I never got the amount. I made several requests, but what got in reply is BiteBTC Team <support@bitebtc.com>
To:
bardent01@yahoo.com

26 Mar at 9:58 am

Dear Trader,

We're forced to inform that your account has been blocked due to violations of our Terms and Conditions.

This is final decision and we'll not review your applications in future.

We apologize for any inconvenience this caused.


With kind regards,
BiteBTC Support Team
https://bitebtc.com
contact@bitebtc.com 

I am not the only one victimized by the exchange. There are hundreds, who were scammed in the same manner.
https://bitcointalk.org/index.php?topic=4612714.0
https://www.youtube.com/watch?v=-ANviaHapQo
https://coinmarketcap.com/exchanges/bitebtc/
https://www.coingecko.com/en/exchanges/bitebtc

Not only traders, cryptocurrency projects are also being scammed by the exchange. But what is surprising that the exchange is 34th largest and is working without any action. It is scamming newcomers, and old ones are complaining. My point is---everything can happen in cryptocurrency, even open illegal activities? Why concerned authorities are not taking action against such rotten fish, which may affect the entire crypto world? Why people are being scammed openly? This incident has triggered many questions. So please please please please please, help spread this message to the world so such open scammers would be booked and victims are compensated.
Today me, tomorrow you may get trapped in the net laid by this scam.

Guys it is very serious matter, not only to traders, but the entire cryptocurrency world, who are genuine and serious about crypto market.
Thank you.     

So sad to hear it. People being scammed by fake ICOs or crypto exchange is taking place every now and then. It is a serious concern to save the crypto market from being affected by such scammers. But authorities concerned seems least concerned with such issues. It is high time taking initiatives to control scam in the market.

Thank you for making people aware of the scam exchange. We must unite against such scammers.

[Adriano2010]

Thanks for informing and i'm sorry for your loss, i think all people should use trusted exchanges like Binance, Kucoin and maybe there are some more who can be trusted and coins are safe on.

[upsidedown75]

Dear all, Please read it until the last. It is vary much important.

Beware of scam BiteBTC exchange. I am one of the victim of the fake exchange. I have been scammed of 3 btc by the exchange. My story is my deposition into the exchange was easy. But when it came to the withdrawal, I never got the amount. I made several requests, but what got in reply is BiteBTC Team <support@bitebtc.com>
To:
bardent01@yahoo.com

26 Mar at 9:58 am

Dear Trader,

We're forced to inform that your account has been blocked due to violations of our Terms and Conditions.

This is final decision and we'll not review your applications in future.

We apologize for any inconvenience this caused.


With kind regards,
BiteBTC Support Team
https://bitebtc.com
contact@bitebtc.com 

I am not the only one victimized by the exchange. There are hundreds, who were scammed in the same manner.
https://bitcointalk.org/index.php?topic=4612714.0
https://www.youtube.com/watch?v=-ANviaHapQo
https://coinmarketcap.com/exchanges/bitebtc/
https://www.coingecko.com/en/exchanges/bitebtc

Not only traders, cryptocurrency projects are also being scammed by the exchange. But what is surprising that the exchange is 34th largest and is working without any action. It is scamming newcomers, and old ones are complaining. My point is---everything can happen in cryptocurrency, even open illegal activities? Why concerned authorities are not taking action against such rotten fish, which may affect the entire crypto world? Why people are being scammed openly? This incident has triggered many questions. So please please please please please, help spread this message to the world so such open scammers would be booked and victims are compensated.
Today me, tomorrow you may get trapped in the net laid by this scam.

Guys it is very serious matter, not only to traders, but the entire cryptocurrency world, who are genuine and serious about crypto market.
Thank you.     

So sad to hear it. People being scammed by fake ICOs or crypto exchange is taking place every now and then. It is a serious concern to save the crypto market from being affected by such scammers. But authorities concerned seems least concerned with such issues. It is high time taking initiatives to control scam in the market.

Thank you for making people aware of the scam exchange. We must unite against such scammers.

Authorities concerned are willing and ready to work if they can get a strict backup from government, they will not engage in something that is not legalized and they feel whatever action we take is at our own risk since they have advised against it, I am sure if it was possible for them to close ICO, they would have done it, but unfortunately is totally beyond their control.

The only initiative control method we can take is just to keep investigating this projects seriously, and then we hint ourselves by raising immediate alarm on any one we suspect, secondly we also need to stop participating in all these underground projects that are not known, we need to look at the popular ones, especially those of post ICO.