Emirex delist their token after unlocking it what a joke

[Reid]

Sorry!!!
It's nothing new, that's the nightmare we face on this forum as a penny hunter. The way the teams treat us sometimes will make you want to have a rethink if Bounty hunting actually worth it.

Some days back, a member opened a thread about Emirex how they locked token for 9 months, it has loose 4X of its original value. Now, they delist the token that doesn't worth $24 maximum of  highest payment.
The term : The team reserves the right to make changes in the future  is likely why these things happen.

Yeah, that is why it had always been a risk being a bounty hunter.
Although I am really intrigued by how they calculate things.
2-5 percent for bounty hunters. Is it really that large to hurt the market value of their coins?
That's nothing if they did a good job advertising their projects. If they can pull more investors then that number is just a little dent from the whole picture.

[Malam90]

They didn't delisted mate, they had just postponed EMRX token buy sell only 12 hours after they observed their token price fallen from $0.23 to $0.10. They also postponed temporarily withdraw any coins. I have an withdraw and after 16 hours they canceled my withdraw and i again gave withdraw and succeeded within few minutes yesterday. From Yesterday everything is okey as i know.

[icekohl]

They didn't delisted mate, they had just postponed EMRX token buy sell only 12 hours after they observed their token price fallen from $0.23 to $0.10. They also postponed temporarily withdraw any coins. I have an withdraw and after 16 hours they canceled my withdraw and i again gave withdraw and succeeded within few minutes yesterday. From Yesterday everything is okey as i know.

I just checked and everything is OK now, except EMRX's pice lol. I think they allocated a small amount of fund for bounty, but hunters can easily dump 50% price of EMRX. Not much is left of my money after deducting the withdrawal fee.

[desticy]

Bounty tokens for hunters is not too much, but its price dropped 50% too easy in just few minutes. My tokens was unlocked but I could not sell in time, and now only get back over $ 10 for the 10 months of waiting.

Quite a standard situation. I'm not sure that we have the right to complain about the wait, because almost every project enters the market in about a year. But the fact that all our work is now estimated at $ 5-10 is, of course, nonsense. I remembered about the unlocking of coins only today, and I confess I thought that I was late with the sale. But as it turned out, I was wrong, and the price was already very low by the time of unlock.

[VIP BTC]

This is scamming their bounty hunters, after 10 months they finally unlock their token EMRX, it is still trading when the token for bounty hunters are locked, but soon after they unlock it, they delist their token on their own exchange now, bounty hunters has no way to sell their token, they are very cunning and they want toi scam theirt bounty hunters, now the token is stuck on the platform with no way to sell.

It would be better discussed in the meta board. So that the Legend there can make decisions about the Emirex exchange. I see the Emirex exchange as having great potential for scams. So that crypto users can avoid this kind of exchange.

At least one of their bounty hunters should create a thread in the Scam Accusations board. Their move of delisting their token where hunters can exchange it, is really not very good sign. Are they about to exit? Somebody should tag them if the accusations are strong. So no traders or crypto users will send their funds on their exchange, as the likelihood of trapping your funds is very high.

Don't let crypto users get stuck a second time by depositing funds into their exchange. I did some research on the Emirex exchange, the withdrawal fees are very high for all coins. So, there is no way out if it has entered their exchange.

[batang_bitcoin]

The timing of the unlocked token and delisting the token is very coincidence, or that was the plan from the beginning.

@batang_bitcoin said this

Dump is about to come once the lock for the rewards for the BHs have gone or expired. To avoid further dumping to their market, they have to do this.

maybe that was the real reason for the delisting and it was only temporary .

It could be or it couldn't be. We don't know why they are doing this but that's likely the reason. They've put safe haven for their investors and developers to dump during those locked periods for the BHs. They were given priority while the expiry was about to come for the locked rewards for the BHs, they just did this all of a sudden. It's unfair yeah but this is one of the most common scene in the bounty hunting. It's really hard to tell which is which going to come for real promised rewards and will just come and go by comprising the hopes and efforts by the people contributed to their project.

[kawetsriyanto]

It will be the next shit coin 
Their team is actually not willing to let bounty hunters sell the Emirex Token because they are afraid of dump price. But, does it mean that they are not sure about the quality and also the prospect of their own token? if they are not sure, how about their investors? Well, it is ridiculous if saying them as scammers. But, if the new sis true and officially stated by the team, yeah, they are ridiculous, Playing with their bounty hunters who have helped them promote their token.

[rat03gopoh]

It will be the next shit coin  
Their team is actually not willing to let bounty hunters sell the Emirex Token because they are afraid of dump price. But, does it mean that they are not sure about the quality and also the prospect of their own token? if they are not sure, how about their investors? Well, it is ridiculous if saying them as scammers. But, if the new sis true and officially stated by the team, yeah, they are ridiculous, Playing with their bounty hunters who have helped them promote their token.

I'm not sure they had many investors in the past. In fact, I believe that the bounty allocation is actually bigger than the tokens sold, and the team isn't able to handle large sales by hunters than sales by their investors. If they didn't immediately re-lock the hunter's token, emirex's price will definitely dump well below its current price. That's predictable

[judeafante]

It will be the next shit coin 
Their team is actually not willing to let bounty hunters sell the Emirex Token because they are afraid of dump price. But, does it mean that they are not sure about the quality and also the prospect of their own token? if they are not sure, how about their investors? Well, it is ridiculous if saying them as scammers. But, if the new sis true and officially stated by the team, yeah, they are ridiculous, Playing with their bounty hunters who have helped them promote their token.

And it will be the next exchange that is going to close, the bounty hunters have waited 10 months and they deserve the rewards if they want to dump the token, it just show that they do not trust their token, now they are looking on the DeFi features and wants to implement and add liquidity to the Uniswap exchange, it's up to traders if they still want to trust this erchange.

[jostorres]

They seems very confused what to do and maybe scared of market and people dumping too. First they delayed the payouts for almost a year. then they kept them locked and now I can see the token is showing again in their exchange.

I asked their customer support via live chat. and they told me that it's not true. they are pretending like nothing happened.

I also noticed some bounty participants got their tokens unlocked while other's tokens are still locked and they are asking everyone one by one to submit a support ticket.

[b1k4ng]

I also noticed some bounty participants got their tokens unlocked while other's tokens are still locked and they are asking everyone one by one to submit a support ticket.

Yes, you are right, until now my token is still locked, I will also leave the token there until the end of the world because I don't want to bother sending tickets for only $3, while the withdrawal fee itself is $10 which means I will -$7. LOL
In essence they don't want to pay hunters and I also claim that this is a scam project

[bigcash2011]

This is scamming their bounty hunters, after 10 months they finally unlock their token EMRX, it is still trading when the token for bounty hunters are locked, but soon after they unlock it, they delist their token on their own exchange now, bounty hunters has no way to sell their token, they are very cunning and they want toi scam theirt bounty hunters, now the token is stuck on the platform with no way to sell.

I remember participating in their bounty campaign because i thought the project was legit so i promoted them and in the end i received small amount of tokens and those were locked too for months. And later when they were unlocked for a small while i logged in to the account and they were asking to deposit $100 first which was really shocking and red flag for me. The exchange is still running but i think they need to be transparent, cooperative with users, get rid of their greedy behavior and then things might change and hope the exchange can do well.

[Jeger.Kiting]

Of course everyone is disappointed to see this happen, when bounty hunter tokens are opened they eliminate Emirex trading on their own exchanges, and in addition when investors' tokens are opened massive price drops occur, surely it is not the fault of bounty hunters and investors alike, but how they manage the system that is implemented certainly looks very conspicuous and leads to dishonesty and unfairness to the community they have and may disappoint many parties, especially the bounty hunter community which in fact contributes a lot to the growth of the Emirex exchange, it is very difficult to gain trust again in society especially bounty hunters ...

[coin-investor]

I remember participating in their bounty campaign because i thought the project was legit so i promoted them and in the end i received small amount of tokens and those were locked too for months. And later when they were unlocked for a small while i logged in to the account and they were asking to deposit $100 first which was really shocking and red flag for me. The exchange is still running but i think they need to be transparent, cooperative with users, get rid of their greedy behavior and then things might change and hope the exchange can do well.

We are on the same boat, they keep changing the rules now they are setting up a decentralized exchange because this is the hype and where the money is, until now there is no trading pair for their coin and I am not expecting that they will set up a pair, if I withdraw my 150 EMRX token I will incur 40 EMRX , that's $4 in the current rate, anyway you looked at it bounty hunters are going to lose here.

[Akiko]

Of course everyone is disappointed to see this happen, when bounty hunter tokens are opened they eliminate Emirex trading on their own exchanges, and in addition when investors' tokens are opened massive price drops occur, surely it is not the fault of bounty hunters and investors alike, but how they manage the system that is implemented certainly looks very conspicuous and leads to dishonesty and unfairness to the community they have and may disappoint many parties, especially the bounty hunter community which in fact contributes a lot to the growth of the Emirex exchange, it is very difficult to gain trust again in society especially bounty hunters ...

It's looks like they don't want investors or hunters to sell thier share and only taking the money to create thier own exchange  for their own benefits. thats not good for them if people doesn't trust the way they handle  problem like this how they can trust your exchange to use?

You will lose your possible customer by making it difficult for your investors you are just destroying your own reputation to your community investors and possible users.

[raidarksword]

Poor hunters like us always been treated this way and it's common practice to some pathetic and clever projects out there still doing that kind of act. It's good i did not joined their campaign but still i felt sorry to our fellow hunters of not be able to sell to make profit of their hard works. This action will only get them more trouble of getting red flags from the crypto community and their project will be dead anytime soon because of red trust issues will devour them.

[JeffBrad12]

I remember participating in their bounty campaign because i thought the project was legit so i promoted them and in the end i received small amount of tokens and those were locked too for months. And later when they were unlocked for a small while i logged in to the account and they were asking to deposit $100 first which was really shocking and red flag for me. The exchange is still running but i think they need to be transparent, cooperative with users, get rid of their greedy behavior and then things might change and hope the exchange can do well.

We are on the same boat, they keep changing the rules now they are setting up a decentralized exchange because this is the hype and where the money is, until now there is no trading pair for their coin and I am not expecting that they will set up a pair, if I withdraw my 150 EMRX token I will incur 40 EMRX , that's $4 in the current rate, anyway you looked at it bounty hunters are going to lose here.

They were setting up the swap and i guess the emirex team has been doing various tricks to avoid the hunters.
Just look at how so many hunters were not able to do something with their coins. There were also so many bad words about this scam exchange site on a various telegram group.
The team has power to change the rules anytime as they want and they were abusing the power for bad behavior to scam the hunters.
This shit scam exchange with no volume will be gone someday.

[Novatech8]

I heard there is a swap coming, if so what is the use of bounty hunters get their tokens now? They will have to swap it to get the new tokens, I'm just saying it's better that the team still have the tokens, let them save you the headache of swapping yourselves, sooner or later they will unlock

[noorman0]

Emirex's admin has stated if the hunters can swap their EMRX to the ESW but I see some comments if people must have used some USDTs to be able to swap their tokens to the new tokens.

Well, I just checked it on their telegram. So, currently the team provides an option for bounty hunters who have tokens that are still locked by exchanging their tokens to ESW (that is the token of their DEX plan, of course they will not miss this defi hype moment). Otherwise the token will be locked indefinitely, or may never be unlocked. Increasingly they torment the remaining hunters. As for the news this is 100% scam.

[Dr.Osh]

what I heard yesterday is, they are doing this on purpose because they open tokens regularly, and want to make all their participants trade at the same time. in addition, the tokens given can also be swapped. for myself, I've sold the tokens that I have. although at a cheap price, but personally, I have sold 100% of the tokens that I got from the bounty.
I hope that the other participants will not have any problems with unlock tokens.