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Author Topic: Centra and Dim Coin  (Read 39 times)
BitcoinNosi (OP)
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January 10, 2021, 08:05:22 AM
 #1

Does anyone know of exchanges that still trade these 2 coins. I had purchased them 2017 on HITBTC. I had not checked my account till today, I just noticed that they no longer trade them on that exchange. Did they both go bust? I remember some senior people in the centra project being arrested.
Jawhead999
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January 10, 2021, 09:02:12 AM
 #2

Centra coin has been arrested due to fraud [1] and can't be traded on any exchanges [2]

As for DIMCOIN I did't know about exchanges that still can trade this coin, but on their medium they said this coin can be traded on 50x.com [3] AFAIK 50x.com is not reputable and trusted exchanges.


[1] https://www.investopedia.com/centra-tech-cofounder-sentenced-to-a-year-in-prison-5092653
[2] https://coinmarketcap.com/currencies/centra/
[3] https://medium.com/@DIMCOIN
bitkanu
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January 10, 2021, 09:33:15 AM
 #3

that's true centra project already dead since a few years ago and dimcoin too. Never try to trade on 50exchange site because that's a scam and there's no guarantee you can get back your money.
Both were ended so badly as the scam projects. you are not the only people who have been loosing from the crap coins like both but so many people too.

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Shallow
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January 10, 2021, 10:16:29 AM
 #4

Does anyone know of exchanges that still trade these 2 coins. I had purchased them 2017 on HITBTC. I had not checked my account till today, I just noticed that they no longer trade them on that exchange. Did they both go bust? I remember some senior people in the centra project being arrested.

If I remember adequately, it has been a long time Centra team or the CEO I think was arrested, and that causes many exchanges to delist the coin as it was seen as a fraudulent coin, of course they gave ample time for users to withdraw or sell their coin. As for the other, I am just coming across it today and hence do not know much about it, but if the coin is no longer trading on HITBTC, then that means the trading volume dropped drastically due to the team not working hard on the project to keep it valuable thus the delisting. Also, for such coin to be delisted could mean that, it is already a worthless coin, but however to give it a trial, visit the project's telegram group and ask the team if there is any other exchange the coin can be traded on.
Furthermore, very important, issues about delisting is why holding most altcoins is a bad idea; at the onset, the team might look serious and later on they might abandon the project or stop working thus causing the token or coin to be delisted which then makes it worthless. Therefore, if you want to hold for long term, go for top coins that are already developed with an active platform, serious team and good working products.

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krisnajsadrak
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January 10, 2021, 10:56:03 AM
 #5

i think both altcoins is die now, because a lot of people knew if centra project has known as a fraud project and dimcoin too,,
if you look at the announcement thread, here https://bitcointalk.org/index.php?topic=1986414.0
the dimcoin account member in this forum already have a red trust, you can check here https://bitcointalk.org/index.php?action=trust;u=1017868

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January 10, 2021, 11:40:50 AM
 #6

Centra is a scam, don't think of it anymore.
Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale
Centra Tech Founder Sentenced to Prison for $25M ICO Scam

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