Bituary.com a legit exchange?

[moneybank4u]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

[Blitzboy]

I don't know this exchange, it seems like it was just established, and its scale is small. The question is why don't you use big exchanges? There are many large and reputable exchanges today such as Bittrex, Binance, Poloniex, ... If no one knows about the new exchange that you submit, you should choose one of above to use. It will help you avoid potential risks. Arbitrage opportunities are not a good idea to take advantage. Transferring money from one exchange to another will take a long time, it will be a big hassle. Be careful!

[nomenclatur]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

exchange ibituary not so famous I just saw on the stock exchange I think very little volume and exchange looks very few who visited the exchange's better to do arbitration in the famous exchange that is more secure. very risky if you make a deposit with a large amount in exchange ibituary.

[Oilacris]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

Not really worth on the risk yet you are dealing with unknown or non popular exchange where you cant be sure if its legit or would really able to release your funds once its being deposited.

If gaps or spreads are too big enough then i would already have those second thoughts yet everything that it seems too good to be true are always been shady.So its better not to take up the risk.

[joniboini]

Avoid it at all costs. Read https://bitcointalk.org/index.php?topic=5194717.msg52883419#msg52883419.

The user went offline after that accusation. Some users are saying they need to deposits before they're able to withdraw.

On top of that, the template is very similar to anonymous Chinese exchanges like Vindax etc. At least wait for their response.

[Furious 7]

I don't know about this exchange but I really want to see how good the feedback is from the users because seeing on the Arbitrage telegram channel https://t.me/arbitrage_binance always recommends Arbitrage from Binance to Bituary I am a little hesitant and suspicious because the BTc price there is very much far different.

[minersday]

Unfortunately i have not traded on this exchange before but a rule of thumb for you if it has not been in this industry for more than 2years becareful how you store your cryptocurrencies over there because they could hit the exit scam button at any point in time. So many exchanges are collapsing so you have to be really carefull. I trade on only the top 20 exchanges just to save myself from such circumstances

[teosanru]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

A very unpopular exchange with pretty less volume. Arbitrage opportunities are available on such websites because there is almost nil volume therefore price isn't updated everytime. Your funds might get stuck if you arbitrage on such platforms. It might be legit but arbitrage won't really work properly.

[iamaruf]

Bituary.com is one of the shit exchanger and have many scam accusations.Trustpilot rating is 3.3 and joniboini already posted a link there you can see is bituary is legit or scam. Also check this thread: https://bitcointalk.org/index.php?topic=5195893.0

[gentlemand]

Never heard of it.

99.99 times out of ten when there's an 'opportunity' for arbitrage it means there's something fucked up about the exchange and money can't get in or out. If you could move money in and out the gap would evaporate in a matter of seconds. No one leaves free money on the table.

[Baofeng]

Interesting, majority of us never heard of this exchange, I smell something fishy here, Don't get tricked by hidden spam on this forum.

[CarnagexD]

Haven't heard of it, just bump on this just today and saw @joiboni already warned about this exchange.

I don't know this exchange, it seems like it was just established, and its scale is small. The question is why don't you use big exchanges? There are many large and reputable exchanges today such as Bittrex, Binance, Poloniex, ... If no one knows about the new exchange that you submit, you should choose one of above to use. It will help you avoid potential risks. Arbitrage opportunities are not a good idea to take advantage. Transferring money from one exchange to another will take a long time, it will be a big hassle. Be careful!

It is not worth a risk to use that exchange, if you are finding a good arbitrage you can search for more popular, well-known  and reputable exchange. I'm a bit cautious about this one also though there are no proofs yet to accuse the exchange since no one's taking the initiative to trade in there. Think practically, don't be too radical on picking what exchange would you use that might give you problems.

[rijaljun]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

Would be better to move this thread to Exchange section since this thread is more related to exchange than to Bitcoin itself.

[sunsilk]

Your last post was since 2018 and you came back just to ask that question? this is exactly what Baofeng as pointed.

These guys will ask for a "legit" question about an exchange, project or anything that they want to advertise in the form of making themselves that they don't know about such. The name itself of that exchange is already creepy for me after hearing it for the first time. We've been telling everyone that avoid exchanges like this that are unknown to the people.

[inanilujimi]

Don't try to trade arbitrage especially with small exchanges and few people know.
If you want to trade arbitrage, use a trusted large exchange.
Don't be easily influenced, it could be that your altcoin does not have volume there.

[thisnewcoin]

This is pure shit and scam exchange, no one heard this exchange's name before until you posted this thread. You may check their domain details and the website worthless than 500 USD, and check their twitter, telegram page, it's nothing real. Always avoid new and unknown exchange until you get some positive reviews from users.

[Chrystora123]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

bituary.com?? I just heard the name of this exchange..  I strongly recommend to you, don't use arbitrary exchange.  You will only regret it if the exchange close or runs out of the coins/tokens that you have deposited, you better only use an exchange that already has a high reputation and trust.

[stomachgrowls]

Hi all,

Off late, I have seen a good amount of arbitrage opportunities on ibituary.com and would like to know if this is a legit exchange at all. Has anyone traded here? Any experiences then kindly share...Thanks

bituary.com?? I just heard the name of this exchange..  I strongly recommend to you, don't use arbitrary exchange.  You will only regret it if the exchange close or runs out of the coins/tokens that you have deposited, you better only use an exchange that already has a high reputation and trust.

Sometimes i do think up these kind of queries to be turned out as an indirect advertisement towards this unheard exchange  which do tell out people to visit out site and might able
to see some arbitrage opportunities.

It isnt really worth for the time and effort for you to consider these unknown exchangers for you to deal with.If we dont like to lose money then better to stay away on this one.

[buwaytress]

Just want to drop in here and say that I was auto added to a spam Telegram channel of arbitrage opportunities -- that to me qualifies the associated exchange (in this case Bituary) as a scam. Any service that needs to invite you into a spam channel giving fake arbitrage signals giving out ref links, should be automatically added as a scam.

Look online too, and it seems Bituary will accept deposits but never withdrawals.