As far as we all know whitebit exchange is operated by the same gang associated with coinsbit and p2pb2b.
In the end if you deal with whitebit you are dealing with scammers who could one day turn on your project too. They are going to do what Tradesatoshi did, they will selective scam until they pull off their exit-scam. Their thread in this forums is pumped with sock-puppets and their trading volumes are complete lies. They have fabricated their trading figures purely for the purpose to command approximate $100,000 listing fees by showing prospective investors they are trading USD$ billions on a daily basis yet have paid zero in tax in Estonia.
Both coinsbit and p2pb2b are registered in Estonia too, it is much easier to get a crypto licence that allows FIAT banking in Estonia than say Malta that is why these scammers open exchange after exchange registered in Estonia without even ever stepping foot there. Those exchanges have been set up for the sole purpose of scamming while giving the impression to victims they are a genuine bonafide business.
Anybody dealing with them should be prepared to take the loss when they eventually get scammed. Just because on arm of the business does not have many complaints against it but almost all other parts do have many complaints - it does not mean the business is a good or honest business, on the contrary if a business has for example 100 subsidiaries of which 99 subsidiaries are genuine and trustworthy but just one subsidiary of the business is a scam then it means anybody dealing with them is at risk.
I hope this reply makes it clear you should not be dealing with scammers such as those at whitebit, coinsbit and p2pb2b because they are operated by the same scam team.
As for Diginfinex, for those that choose to trade there they do so at their own risk. Their website/exchange does not give lots of confidence when looking at it.
https://coinmarketcap.com/currencies/digifinextoken/https://coinmarketcap.com/exchanges/digifinex/They might well be a genuine exchange in future but if they inflate their volumes they are not trustworthy. They currently claim to trade over $1 billion every hour and that is an exaggeration too far. I have not been made aware of any selective scamming issues with Digifinex but they are not doing themselves any favours by lying about their trading volumes
Hello, JollyGood. Thank you very much for this extraordinary job you are doing.
I am working for a project and the team is in discussion with Whitebit.com for a token listing.
In some of your previous posts/replies I see you have mentioned Whitebit exchange as to be related to the COINSBIT and P2PB2B owner/scammer. However, I don't see it on this list. I also checked them on "Coingecko" and they have a decent "trust" score and "coinpaprika" flags them as a Estonia regulated exchange.
Just wondering if they are a legit exchange and not related to scamming activities like COINSBIT and P2PB2B.
Also, Any thoughts or experience with Digifinex.com Exchange? They are also doing an offer to the project.
Thank you.
