Tradesatoshi is closing down - withdraw funds before 1. March

[examplens]

Another exchange going out of business. it's not that it's unexpected, but whatever. Everyone who's has funds there needs to withdraw it immediately.
Only 10 days left to withdraw funds.

Tradesatoshi is closing down.
Read the announcement for details.
https://tradesatoshi.com/News/476/Tradesatoshi-Is-Closing-Down
Please make sure all withdrawals are completed before March 1 2020 00:00 UTC.
Please do not deposit! Deposits will no longer be processed.

https://twitter.com/TradeSatoshi/status/1230509341142220800

Also this article:

Dear users,

We must inform that the board of directors of Tradesatoshi.com has decided to close the exchange.
 

Unfortunately it is no longer economically feasible for us to continue provide the required level of security, support and technology.
 

Please do not deposit! Deposits will no longer be processed.
 

We highly recommend that those users pending verification start the process as early as possible.
 

Tradesatoshi.com will terminate all services on March 1 2020 00:00 UTC.
 

Kind regards,

Tradesatoshi.com

[1715403822]

1715403822

[1715403822]

1715403822

[examplens]

everything looks like it is exit scam. I tried to log in on Tradesatoshi, but my account is locked. If I want to login I need to pass KYC, even if they closing down after 10 days. Passing KYC can last for weeks.
Also, many complaints that is withdrawal not possible because currency not found or disabled even if people try to withdraw Bitcoin.
For example:
https://twitter.com/RochBuch/status/1231116760302092288?s=20
https://twitter.com/Maphalala_T/status/1230576441764597760?s=20
Plus withdrawal fee 0.0029 BTC? $28?

[Baofeng]

Additionally, many users report that they cannot withdraw funds until they complete a verification process, but this process can take up to two months, meaning users will not even be given a chance to withdraw before the March 1 deadline is reached.

https://cryptoiq.co/tradesatoshi-crypto-exchange-closing-down-has-all-the-signs-of-being-an-exit-scam/

Basing on this article, it looks like they are pulling an exit scam. I'm not a member of this crypto exchange, but If I did, I will also be piss off by the sudden enforcement of KYC here.

[joniboini]

They really have no shame. This is a new style of pulling an exit scam. I don't think doing their KYC is a good move as there's no guarantee they will send the money. On top of that, they might as well sell your data.

What a way to ruin your day.

[erikalui]

So you need to sell your details to get your own funds? Surely another scam exchange like Cryptopia: https://www.altcoinbuzz.io/cryptocurrency-news/finance-and-funding/tradesatoshi-accused-of-malpractices-regarding-their-exchange-handling/

Last year only people were given a warning about it being an exit scam. Now I can't access their site as it fails the captcha challenge.

[enhu]

Even if you submit your KYC documents they might not approve it pass since they are about to exit, it won't matter for them today if they are accused as scam. Might as well just leave your funds if I were you. I'd be surprise if you keep funds more than $1k in tradesatoshi, this exchange didn't for once in its lifetime have a good volume.