Warning! 20 days are over! BCNEX likely a scam exchange now!

[oktana]

starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.

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[Ferris419]

This exchange got a high reputation, even I saw some comparison between Binance and BCNEX! Therefore BCNEX posted their team photo and video, those were incredible! Then what happened? They can easily make money with that reputation, why they would choose to scam? I think we should give them more time and see what solution they offer! It is very unexpected that BCNEX is taking this long time to fix this normal issue! But it seems they will take more time. So, until they fix the issue, no one should deposit a penny on an exchange or join in that giveaway! Stay safe crypto mates!

[zhekinsp]

I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?

Never heard of this exchange before.

If it is literally new exchange then anyone should avoid their lucrative deposit rewards because its the old school method of get scamming,or if they have certain criteria to meet to get your giveaway rewards then they should not close their withdrawal system.

[Javi_Anibarro]

starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.

The problem has started from December 24th, 2019 not December 28, 2019.
They do not have any reason to hold their customers' money in the first place unless they do not have any money left thus delaying it so they can get more money to pay their debt or making a scam exit.
Does it make sense? no, it is not.

[X-ray]

if that exchange is really commited to keep their reputation they won't prevent withdrawal for that long. heck, even 3 days is already intorable and we got this 20 days withdrawal being disabled and we can safely say that it's a scam. this always happen to 3rd rate exchange who don't care about their reputation but money and money. just like its twin exchange which is p2pb2b

[Thomas-s]

Now it’s not clear is this exchange is scam or not. I also have funds on this exchange and I can not withdraw them. this is a problem, but now I’m not worried, because the project did not run away with the money but is still developing and technical support is always in touch. I have already seen several times how some exchanges closed the withdrawal and then opened it again. we will observe further. nothing is clear now.

[fvb]

Yes, this news is really not encouraging.  Because there is a certain amount of assets on this exchange.  At first I liked the platform and I decided that this is a new promising exchange, now doubts have appeared.  Let's hope that everything ends well and the future of the project will be great.

[jacafbiz]

Only a fool would still deposit into an exchange where people can't withdrawal their funds. Every pointers out there suggest this is a scam exchange, the earlier the better you move your funds away from it and have nothing to do with them. I don't know what people are looking for on the exchange, no volume, not that shitcoins pumped on it like Yobit, so the risk of using it is too high as compare to the reward you get. It is just a matter of time they do IDAX

[dark08]

I even have concluded that Bcnex is scam before. The dev acts so weird
They look like dont wanna fix the system. It is clear that they wanna steal money investors

I dont wonder if this centralized exchange turn to scam. Bcz there were another like that
So, becarefull when you are investing in centralized one. It is very possible to turn scam.

Yahh I agree with this opinion from the first place I smell something fishy from this exchange site now people who deposite their fund cannot withdraw back to their wallet plus I noticed that this exchange site have no volume and this exchange site not yet popular so I expect that there a lot of people notbeing aware of this exchange site its better to avoid this kind of platform.

[luckyflop]

starting from December 28, 2019, that means now it's been counted 19 days.

we can wait for what they can do in the next 1 or 2 days in accordance with their promise, and do the assessment afterwards. I have also read the reward pool program that you mentioned, it's not mandatory and it's like a staking program. from the start their strategy was to maintain the bcnex value, for me it still made sense for a new exchange.

I have never seen any exchange taking too long to fix the withdrawal problem. And this was the first exchange I saw and it was funny, quite sure this exchange has become a scam, they cooperated with bytecoin and this is also an altcoin scam in this market. Sorry for those who are stuck here, you will probably never get money out of this exchange again. Stay away from these types of exchanges as soon as possible

[joseyphil82]

Give them more time since the 20 days is over already, i won't believe they exit scam until they actually exit scam in the end but honestly using new exchanges are far very dangerous than using old exchanges

[cutesgirl]

I have no idea who the hell takes 20 days to maintain the withdrawal system! Maybe the BCNEX technical team is taking lessons from expert, after learning they may fix the withdrawal issue? Yesterday they announced 1 Million BCNX token pool for New Lunar Year Giveaway, where you have to deposit money then you will get the BCNX reward, but remember you can't withdraw your money, as the system is off and they have no expertise in the technical team that can fix the problem within 20 days.


Should we call it a scam exchange which is partnered by so-called Bytecoin?

What going on with BCNEX exchange? I have several assets there with BCNEX coin received from bounty campaign and still running for getting my coin every day with 5% from my reward from bounty campaign, maybe very disappointed when I can't withdraw my assets coin in BCNEX because bad thing at the future with bigger exchange market but getting problem with withdrawing.

[pikkie]

exchange places like BCNEX should not forbid the users of the platform forbid making withdrawals with a very long time like this, this can be said to be a scam and the team behind the platform has proven to be unprofessional, should if they have a great team then technical issues like this can be resolved quickly.

[key4co.in]

BCNEX is likely scam. I was so astonished getting the mail for the bcnex giveaway. I didn't bother to click it because I'm already obsessed with the exchange. My USDT is hanging there, I was trading BCNX/USDT earlier and when I decided to withdraw, it was "mid summer nightmare" for me. I don't know what kind of system maintenance is that, probably scam. Now they want people to deposit for the giveaway 🤔 All these new exchanges with credibility issues.

[Tduty]

The recent BCNEX giveaway is totally suspicious and shady! But I don't think they will scam us at this present condition. I asked about the issue, they told me today or tomorrow withdrawal will be open again! So, let's wait and see what update they bring!

[coin-investor]

This exchange got a high reputation, even I saw some comparison between Binance and BCNEX! Therefore BCNEX posted their team photo and video, those were incredible! Then what happened? They can easily make money with that reputation, why they would choose to scam? I think we should give them more time and see what solution they offer! It is very unexpected that BCNEX is taking this long time to fix this normal issue! But it seems they will take more time. So, until they fix the issue, no one should deposit a penny on an exchange or join in that giveaway! Stay safe crypto mates!

I'm on you that people should deposit a penny as a precaution, withdrawal is a big issue, you will have people complaining if they cannot withdraw, and the deposit and withdrawal system is the mark if how good exchange is, days are rolling and every passing day that this does not fix it will have a bad impressions on traders, it's becoming a big talk now here.

[Divinespark]

I do not know if this exchange has become a scam or not? But if, in the near future, they resume the withdrawal,then the exchange will return to normal. But they have certainly lost their reputation and many investors and traders will leave this exchange. 20 days is a long time and it makes a lot of people have a headache with this problem. I have also been following this project before and realized that they had an ICO for $ 30 million. That's a lot of money for an exchange but the way they work up to now is disappointing

[Casdinyard]

Let's wait tomorrow, and then we will draw conclusions.

Just an update to this.
So 20 days had passed. Did the participants already withdraw some?

Here's what the admin said on their telegram channel.
https://t.me/Bcnex_Official

ANNOUNCEMENT on the UNLOCKING of WITHDRAWAL FUNCTIONS on BCNEX exchange

Dear Bcnex-ers,
As you know, 20 days passed since the the moment we locked the withdrawal functions. Maintenance still going on smoothly, but some stages are required more time. That is why we decided to UNLOCK PARTLY of withdrawal functions.
Withdrawal functions of following tokens will be AVAILABLE from 22:00 (GMT+7) on Friday, January 17, 2020 :
- BTC
- USDT
- ETH
- BCNX
Users can trade other tokens into those 4 tokens above & then make a withdrawal transaction.
Wallet of other tokens will be available to withdraw in near future.
Thank you for the attention and cooperation 🤝

Bcnex Technical Team💌

I don't know what kind of technical team they have.  

[Javi_Anibarro]

If you have not noticed it yet, their official Telegram channel is no longer accessible: https://t.me/Bcnex_Official
Several people got banned from their Telegram channel before they deleted their official Telegram channel.
Can you withdraw your money?

[Xardasim]

If you have not noticed it yet, their official Telegram channel is no longer accessible: https://t.me/Bcnex_Official
Several people got banned from their Telegram channel before they deleted their official Telegram channel.
Can you withdraw your money?

I found this in another thread: https://bitcointalk.org/index.php?topic=5212811.msg53639118#msg53639118 Looks it was solved.

I have also accessed to BCNEX telegram  group. Check it again.