Is BCNEx is turning to a scam Exchange?

[strunberg]

yes this has an adverse effect on crypto I also saw them promoting their project in this forum, and I thought everything would run smoothly, apparently not they are also part of the scamer, as well as projects featured such as Miracle tele last year where the project was interesting enough a lot of investor interest, but led to a scam.

Though BCNEX is not scam yet but their activities are very suspicious! They are selling a new IEO token by holding people's funds on the exchange, just ridiculous! I already moved on from BCNEX! Miracle Tele was totally disappointed! I never thought they can scam that way! Such a unique project that was, even I topped up money in my sim through Miracletele.

totally i am not using bcnex again, although i didnt participate in bounty or anything else but when i heard customer withdrawl rejected many time, i am decided to stop using bcnex. even local moderator could not explain about it, he just said wait to us. miracletele team able deceive investors by creating good whitepaper.

[oscarftw]

So here we go again, Many projects that seen to have a potentials and could urn into something big ing thw futures have turned into scam and even exchanges are following the trends. One of those projects that I thought it would compete with others big exchanges is BCNEX. Here is what happened, I logged in and traded all my balances including those I got from their bounty campaigns and asked for withdrawal( Jan 22,20200) and up until now my request is still pending. I have tried contacting their support and noone answered my email, I went to their telegram group but unfortunately it is deleted. With all these happening I don't think investors will have an appetite of investing in a project knowing that they could be scammed and don't be able to get their money back.

Centralized exchange is only depends on exchange CEO. I'm following Bcnex exchange since ICO was running with several coin. This exchange did Bitcoin, Ethereum and Ripple rounds even all were success. As telegram group they are telling that trying to solve the matter. Their fund was finished but trying to keep exchange alive.

[asriloni]

yes this has an adverse effect on crypto I also saw them promoting their project in this forum, and I thought everything would run smoothly, apparently not they are also part of the scamer, as well as projects featured such as Miracle tele last year where the project was interesting enough a lot of investor interest, but led to a scam.

Though BCNEX is not scam yet but their activities are very suspicious! They are selling a new IEO token by holding people's funds on the exchange, just ridiculous! I already moved on from BCNEX! Miracle Tele was totally disappointed! I never thought they can scam that way! Such a unique project that was, even I topped up money in my sim through Miracletele.

totally i am not using bcnex again, although i didnt participate in bounty or anything else but when i heard customer withdrawl rejected many time, i am decided to stop using bcnex. even local moderator could not explain about it, he just said wait to us. miracletele team able deceive investors by creating good whitepaper.

I have bad feeling since this one has already started to raise the funds because the team was focusing to do massive advertisement rather than focus on its product and this time the bad thing happened with this exchange site and we can see how the team was doing shit again. All of people who have used or participated in any service that created by this scammer are getting fooled

[trauchot]

That's right, because many people like me no longer receive payments from this cryptocurrency exchange for a long time, although after launching the exchange for some time there were no problems with withdrawing funds, but then payments simply stopped and the developers of this exchange simply disappeared.

[Iyanu14]

So here we go again, Many projects that seen to have a potentials and could urn into something big ing thw futures have turned into scam and even exchanges are following the trends. One of those projects that I thought it would compete with others big exchanges is BCNEX. Here is what happened, I logged in and traded all my balances including those I got from their bounty campaigns and asked for withdrawal( Jan 22,20200) and up until now my request is still pending. I have tried contacting their support and noone answered my email, I went to their telegram group but unfortunately it is deleted. With all these happening I don't think investors will have an appetite of investing in a project knowing that they could be scammed and don't be able to get their money back.

BCNEX has totally turned into a scam exchange.  Since the time I have withdrawn my asset there and converted it to ETH, I have not receive the ETH till now and it's over two months now.  Where is the $13m they claimed to realise during ICO? I guess it was a big lie.  I didn't know this exchange would later turn out this way.

[Convery]

I am surprised that they can easily took raised money plus stolen money from users. No one really cares? No criminal complaint against Bcnex team? We know their names, or their names and identities are just fake?
I personally trying to withdraw my ethers from the exchange, even they claim that ETH withdrawals working, my withdrawal was cancelled many times.

[Shallow]

So here we go again, Many projects that seen to have a potentials and could urn into something big ing thw futures have turned into scam and even exchanges are following the trends. One of those projects that I thought it would compete with others big exchanges is BCNEX. Here is what happened, I logged in and traded all my balances including those I got from their bounty campaigns and asked for withdrawal( Jan 22,20200) and up until now my request is still pending. I have tried contacting their support and noone answered my email, I went to their telegram group but unfortunately it is deleted. With all these happening I don't think investors will have an appetite of investing in a project knowing that they could be scammed and don't be able to get their money back.

When it comes to crypto exchanges, anytime withdrawal is delayed it sends a worrying signal that's just the way it is because it is all about money. But when withdrawal is delayed and the support is there to calm everyone down, then it sends a good signal that all is well. Now in this case, the exchange failed woefully at it, withdrawal was delayed not for hours but for days, and the support wasn't responsive and even the telegram group was deleted; as hard as it sounds it looks like exit scam because most of the times this is how it goes by. Lastly, no Investor knowing fully well of what's happening will invest which then means it is over for the exchange.

[Teraboy]

I am surprised that they can easily took raised money plus stolen money from users. No one really cares? No criminal complaint against Bcnex team? We know their names, or their names and identities are just fake?
I personally trying to withdraw my ethers from the exchange, even they claim that ETH withdrawals working, my withdrawal was cancelled many times.

The scammer has been holding the key to access the hot wallet and that means the scammer will easy to run away with the money. As far as i know if the bcnex scammer team never tried to publish the crowdsale address to make sure the investors know about the real amount that raised by this scam exchange site. I don't know what was happening with them all because they are not even creating a lawsuit against this scam project.

[pikkie]

I think the BCNEX exchange place has begun to scam when collecting funds because it can be seen from the percentage of funds collected which in my opinion is a manipulation by the team from the BCNEX exchange site that aims to convince investors that many have participated in the collection of funds.

[flagpara]

Its completely a scam, saying ' we are not a scam ' does not make them legit. They block withdrawals and STEAL our money, its theft and they are scammers.

Wait still there activity is suspicious but admin is enough active. From two sides, I didn't see this long time to solve this exchange problem when others side is, this might be difficult for the team. In bad situation only Bcnex exchange did all steps success. Bad for those whom money stuck in Bcnex exchange 3 months.

[ahyadinnn]

if this is true, try to make a post here https://bitcointalk.org/index.php?board=83.0 and attach some evidence so investors know and there may be a response from the BCNEX to follow up. I have also participated in one of their bounties, but at that time I was still able to withdraw the results of my bounty

[kkofor]

I am surprised that they can easily took raised money plus stolen money from users. No one really cares? No criminal complaint against Bcnex team? We know their names, or their names and identities are just fake?
I personally trying to withdraw my ethers from the exchange, even they claim that ETH withdrawals working, my withdrawal was cancelled many times.

You will not be able to withdraw money from this exchange because the current BCNEX main wallet has no assets and the attempt you try only makes you encounter more failure. As far as I know, the project team has left here and at telegram there aren't many activities that make me more suspicious. It can be considered as a scam exchange because no exchange has stopped working for more than 4 months without clear reasons like this exchange.

[Bitbtc8]

I remember BCNEX exchange because they intro a bounty campaign last year and bounty hunters are able to earn good reward from the campaign, though it's not easy to run a new exchange but not been straight with the community mean something is not right

[OrangeII]

I am surprised that they can easily took raised money plus stolen money from users. No one really cares? No criminal complaint against Bcnex team? We know their names, or their names and identities are just fake?
I personally trying to withdraw my ethers from the exchange, even they claim that ETH withdrawals working, my withdrawal was cancelled many times.

pretty good if it's canceled, some people are stuck on pending status. other than that, there was no news from the first team, and the telegram group was hidden. It seems there is no good hope in this exchange.

[Doranile432]

The exchange is under the control of awful team who can't stand on their feet to defect the issues plaguing the exchange, every exchanges have their difficulties and team needs to be strong, well that's one, another one is the greediness of the team, you can only withdraw the first and second number, for example 0.23btc, the remaining 0.23568838 is theirs

[Btc_1856]

The exchange is under the control of awful team who can't stand on their feet to defect the issues plaguing the exchange, every exchanges have their difficulties and team needs to be strong, well that's one, another one is the greediness of the team, you can only withdraw the first and second number, for example 0.23btc, the remaining 0.23568838 is theirs

In telegram group, many community members are complaining about their withdrawals and even they are not processing the withdrawals. Not only second one, myself they are not releasing my first withdrawals, how can a company do like this, because they have raised very good amount and failed to deliver their things on time and they are not processing the withdrawals on time too.

[ttcsalam]

I suffered a lot as a hunter. It's a scam exchange.Hunter's payments must be paid correctly. They work hard to make a project a success. But this exchange has done the opposite. It is not right for them to do so.

[abake]

So many have such trust in BCNEx but what happened to them is what I really can't tell. I made a withdrawal that is more than a week now and it's still pending and even it seems the Telegram group there is no much reply from Admin as people kept asking the same question

[michellee]

I don't use that exchange to trade because I still prefer Binance. Besides that, I don't want to risk losing the money in the other exchange which I don't know if that exchange is worth or not for me to trade. The investor will know how to choose the good exchange because they already got a bad experience before, and I am sure that they don't select the other exchange except for stay at the exchange that they already used. Maybe the support system is busy, so they don't reply to your complaint, maybe give them more time to solve your problem. If there is no reply from them, then you better leave them, and regard with your funds, hm that is quite difficult to explain.

[Ryushin]

The only new exchange that still haven't lose their stands much is coinsbit, they stick to normal rules from top exchanges, withdrawal fee are lower and easier to access but the exchange have few bugs, BCNex and Vindax are so alike, they make everything very hard for users