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Author Topic: Was told about a private coin sale, is it a scam?  (Read 222 times)
zohcray (OP)
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November 22, 2020, 01:24:50 AM
 #1

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?
Nalbo
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November 22, 2020, 02:16:54 AM
 #2

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?


You're right. This most probably is a scam. The so called exchange site has just been registered in November 19 2020 and for 1 year. The site surely is poorly built and as they are trying to private sale users just after 3 days of going live, you can be sure all they want is quick money. There are plenty of coins and exchanges to invest with. Don't fall for a probable scam.
Reatim
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November 22, 2020, 03:14:15 AM
 #3

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?

First question is "Who is this Some One" that gave you a tip and in my surprise you got interested?thinking that the Coins has no Information in internet still you come so curious about this?

There are many coins that existing and in Good exchange why spend your time on this one?

and being a newbie that created this account to post this?seems like you are only advertising this one or there is something like ClickBait in that link.









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Salauddin1994
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November 22, 2020, 03:39:23 AM
 #4

I think that site is a scam personally there is no exchange site in the case of selling money as the demand for exchange sites increases it will gain popularity in the market no information found on this site this is their new strategy of scamming so they have started selling money privately. It is better to stay away from this type of site and then invest in the currency by visiting the website after checking the currency in order to buy and sell the currency on a new exchange site it is very difficult to find good access to private sites.
aioc
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November 22, 2020, 03:40:35 AM
 #5

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?


There is no information about this exchange on Coinmarketcap and Coingecko, so there is a very high probability that the exchange is a scam site, do not believe in private sale through invite, developers should be transparent and must not hide anything, do check about their project and check if the developers are real people and their platform is unique.

zohcray (OP)
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November 22, 2020, 03:49:41 AM
 #6

No, I am not trying to advertise or anything. 

I was contacted in a chat app.  We talked about other things too.
They told me that had invested 16btc into it.  I was just trying to find more information than what they had told me.  My searches came up with nothing either.
bittick
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November 22, 2020, 04:16:35 AM
 #7

Just don't. Your suspicion is enough to make you think more than twice about investing to this project that has a big chance becoming an exit scam. You are talking about real money here and if you don't even understand what you're investing to why bother buying the coin.
Even coin sale that aren't as shady as this have big chance of failing then this kind of coin that comes out of nowhere and none of us even know that this exist will definitely have bigger chance of failing. Heck, even the website as you said are poorly made and there's no office address, nothing. just don't expect too much.

zohcray (OP)
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November 22, 2020, 04:16:46 AM
 #8

Here is an update if anyone was curious.

I didn't deposit anything.

I put in my bitcoin wallet address and sent myself 15 BTC from my 0 balance.  
It said success after I pressed send, but of course I received nothing.
GreatArkansas
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November 22, 2020, 05:14:04 AM
 #9

(...)
I put in my bitcoin wallet address and sent myself 15 BTC from my 0 balance.  
It said success after I pressed send, but of course I received nothing.
Where is the 15btc came from? You withdrawn a Bitcoin in your account from the exchange you mentioned?
What Bitcoin wallet are you using?
I checked the exchange you mentioned, it's kinda suspicious, it's not mobile responsive.
It's pretty good you asked first here before you deposit your Bitcoin.

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November 22, 2020, 05:25:47 AM
 #10

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?


If you are in doubt, Just avoid it. Obviously it's a scam. A legit project launch IEO on a reputable exchange because the exchange reflects there own reputation. Is the person gave you the information is your friend or just a random telegram guy that loves to create hype and always about something that you can have profit. Creating is a good move for you since you are in doubt. Always DYOR before you enter on any investment.

Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1
pealr12
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November 22, 2020, 05:32:05 AM
 #11

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?


Better do thorough research before getting involved in a private coin sale, if you don't see any information about it on the open it means people don't know about it, so it is best you find out more, it could be you are walking into a trap, don't lose money to scanners.
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November 22, 2020, 07:07:29 AM
 #12



I tried searching what information we can get about this JSTB but there is no website regarding it.   JSTB I think it's the native token of this unknown exchange. It's crazy the exchange is using gmail for their support. But we can find JSTB/USDT on https://www.iedgex.com/#/dealCenter which actually impressive.

Nonetheless, it's going to turn scam once the price is right for the scam to reveal itself. 

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November 22, 2020, 07:16:10 AM
 #13

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?

You did well by coming on here to ask people about this project before taking a decision, if all newbies are like you only very few will fall victim to scam projects, my answer is I've never heard about this project before and it's probably a scam, if you have to invest in an altcoin make sure it's a popular project.

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November 22, 2020, 07:32:48 AM
 #14

I have never heard of this project and it seems its not a serious one to check out. There is a decision in your words which you can make. There is no pointer to this project that makes it good. Just leave it.
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November 22, 2020, 08:06:52 AM
 #15

I think it's a scam exchange, I can't find a single information about the team and there is no information about the exchanges reviews, it shows that no one have used this exchange before so there is no way to rate it, your coins can get stuck once you make a deposit on the exchange, stay away

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November 22, 2020, 08:20:11 AM
 #16

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?


If the private sale is not going to be held in a big or reputable exchange don't go for it, and also check the status of the project if there are no bad reports, you posted that you have second thought investing follow your hunch, in investing, when in doubt don't proceed.
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November 22, 2020, 08:55:37 AM
 #17

I have seen the JSTEX site, and it looks very unsecure, whether there are still a lot of BUGs there,
about icon and some other problems, I don't think JSTEX is a good project,
because this is an exchange platform they should build it with high security.

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Shasha80
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November 22, 2020, 09:12:34 AM
 #18

Never invest in projects that we don't know about, because the risk is very large. Then don't ever invest based on other people's
opinions, always do your own research on the coins you want to buy. If you have trouble finding information on these coins, it is
possible that the coins are not popular or a scam. My advice is to avoid investing in unpopular coins.

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noorman0
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November 22, 2020, 12:36:45 PM
 #19

Obviously this exchange won't have any reviews as it's only 64 days old. If there is and positive, it only comes from the owner of this exchange

Quote
64 days old
Created on 2020-09-19
Expires on 2021-09-19
Updated on 2020-09-19

Interestingly, I read this on their site,
Quote
5 years experience in digital asset financial services
Professional distributed Architecture and Anti-DDOS attack system

Where have they been in the last 5 years until they just started the exchange? For @Op, do you have a referral code? I want to look inside

This space for rent.
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November 22, 2020, 12:59:52 PM
 #20

Some one gave me a tip to buy JSTB. I can not find any information about it online though.

The exchange they told me to sign up to buy it from is https://www.iedgex.com

I can not find anything on that either. The website also seems extremely poorly made.

Does anyone have any information on the coin or site?

Who told you about this project if I may ask? A friend? You need to stay away from such people because they have no idea about good projects compared to scam projects, it's either your friend is intentionally luring you into a trap or he has zero knowledge about crypto, start learning yourself, go to coinmarketcap.com, top rated coins on CMC platform are more reliable
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