Stay away from Vindax

[takana212]

there must be many other investors who experience the same thing as you, there is no deterrent effect for vindax to reap the benefits of new investors who invest in it, we hope there will be decisive action to close vindax exchange soon.

[Davian144]

there must be many other investors who experience the same thing as you, there is no deterrent effect for vindax to reap the benefits of new investors who invest in it, we hope there will be decisive action to close vindax exchange soon.

Decisive action from whom? because Vindax was built by a group of people who just want to get a big profit through everyone who uses it, not only through investors, but through other people too, and one way for them to close is to stop using Vindax exchange forever.

[Arrrvin]

if you already know that the exchange is not a well-known exchange like Binance or Huobi it is better not to use it,
use a trusted exchange to reduce risk

Not all tokens list on Binance. I have some small project holdings which I wanted to sell. Good that I first googled Vindax and found this thread. I'll choose another exchange.

[maldini]

That is extremely dismal to see that yet hitbtc was improving by not forthcoming the exchange that has been made by the clients. I never use vindax again at this moment and I have been taken in a great deal from the poop trade site. I surmise those residue sums will be left there and they are compelling their clients to do that. Also, when you feel that you need to get it back.

[baiwei]

This is really good and informative reminder to every new investor so that they can avoid investing in this exchange.  Kinda bit disappointed because there are so many scammer in the market and it makes a lot of investors losses their money. So we really need to be more careful now and use larger exchanges to make our investment safer.

[Francis Freeman]

I always tell my friends that i never transfer money on exchanges: Vindax, p2pb2b, coinsbit, LA and i think everyone understands 'why ?'. On exchanges that are all bots, i don't need to explain because it's been discussed too much. These exchanges usually offer a much higher fee than exchanges top. Moreover, i also see that Vindax is not clear so people should not trade or deposit money there.

Too many exchanges have been plagued by bots. Some are deployed by the traders and some exchanges Nate famous for wash trading to build up the volumes. Stay away from.these exchanges .

[puremage111]

This exchange is sketchy imo since the first time i saw it
They seems to be listing new coins from project who are looking to IEO because most people thought they have a nice volume
But most of the volume is fake

Look at coinmarketcap, they claimed that they have $1Billion trading volume. It is crazy
The volume is more than Hitbtc where HitBTC is already sketchy since long time ago

If you are using Vindax, don't deposit much on the exchange

[Greatdev]

Vindax are draining their users slowly and OP was able to make that point because he was careful, not everyone knew that vindax don't allow their users to withdraw all their funds completely, they keep some satoshis for themselves, this vindax exchange is very identical to hitbtc

[Lantind]

Vindax are draining their users slowly and OP was able to make that point because he was careful, not everyone knew that vindax don't allow their users to withdraw all their funds completely, they keep some satoshis for themselves, this vindax exchange is very identical to hitbtc

Yes, and the Vindax exchange is not very suitable for use by anyone including newbies who want to start trading, because indirectly the Vindax exchange starts to drain their users slowly without us knowing it, so it's better to stay away from this exchange before we regret it later.

[Cadaver20]

Yes, and the Vindax exchange is not very suitable for use by anyone including newbies who want to start trading, because indirectly the Vindax exchange starts to drain their users slowly without us knowing it, so it's better to stay away from this exchange before we regret it later.

Also, Vindax exchange shows fake trading volume and high price of tokens as if investors and bounty hunters who want to sell tokens can sell in this exchange. Vindax exchange is cheating their users in two ways.
1. Users are not able to withdraw their funds completely.
2. They are taking high transaction fee from the users while withdrawing the coin but setting the gas price low while sending the coin to the users. As a result, it takes a long time to withdraw the coin.

[robattfield]

Besides the characteristics of the small number of trading currency pairs, another problem to recognize that ' Vindax is a scam or not ?' is its website. VinDAX is website address is vindax.com . For peace of mind, you should open accounts at large and reputable exchanges, such as Binance.

[pavelrak]

  YES I have been SCAMMED for 150 EUR !
Bought altcoins, then wanted to transfer to Coinbase wallet, and it keeps "processing" for days, NOT REPLIED on my tickets, not answering!
I will buy now 2 VPS and run my 3 powerful DDOS tools!
Lets see how much they LOOSE NOW !

[Fivestar4everMVP]

Most crypto exchanges most especially the not so popular ones always have this scammy ways they operate, I've never used vindax before but from what the poster said above, I can relate very well cus I've experienced this same issue with Hitbtc, though I've always received my withdrawal from Hitbtc as long as it meets their minimum withdrawal requirements, but I decided to stay from this exchange cus of the scammy way the operate, they don't allow you sell all your tokens, they allow you sell part and the rest, they make you forget about it on their exchange which automatically becomes their own, we all should learn to stay away from all this scammy exchanges.

[Altcoinsintel]

Another reason to avoid this exchange, I remember it from having listed too many shady coins and tokens, and from many users that had very bad experiences with it.
It has a bad reputation already, and this post just proves once again we need to stay away from shady exchanges.
We often see exchanges having very confusing rules. Sometimes they may not be scams, but usually when we see something making things difficult to the user, we need to be more careful.

[Tigerheart3026]

vindax is on of the low tier exchange in the thousands of cryptocurrency exchanges, it's annoying to use this shit exchange, fabricated, fake volume even worst customer support i've suffered here.

[CaptainCrapper]

That is the same as hitbtc when the exchange site is controlling how many coins that can be withdrawn from the exchange site. That's very sad to see that but hitbtc was doing a little bit better by not pending the transaction that has been made by the users. I never use vindax again right now and i have been learned a lot from the crap exchange site. Vindax is also included on the exchange site which was giving a shit to the users. It's in the same tier as p2pb2b and coinsbit.

Yes I have also used hitbtc and Vindax exchange both is not reliable exchange I am facing this problem my id was varified but they are doing various rules which do not support the small and big investor.so before invest we have think again and again.

[pjwaffle]

Vindax is an exchange that I know they have a pretty bad customer service team. Last time I had a bit of Vindax trouble and contacted them via email but did not receive any feedback. An exchange almost all BOT pushes prices, it is best to stay away from them.

[bakasabo]

Now it is time to share my experience with VinDAX.

Yesterday I've made a deposit of ERC20 tokens, 18 hours has passed and they are still not on my balance. Support in telegram act like they dont see my posts. Immediately I was PMed by scammers, asking me to make ETH transaction to unfreeze my account. Support via email sent an automatic reply that they will contact me as soon as they will fix my issue.

[pickforbies]

Really help discussion and guidelines. Thanks for all to sharing your experiences about Vindax

[SyndicateLabs]

i had a very long experience with Vindax and it is a low quality exchange and i think it has more to do with money laundering than choosing to use as a CEX.
But anyway karmic interface, trading bot, shitcoin list,... don't try to use such poor quality stuff.