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Author Topic: Why can't I withdraw my funds from Mellow Ads?  (Read 91 times)
Frostbase (OP)
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March 15, 2022, 09:40:46 AM
Merited by OmegaStarScream (3), ABCbits (1)
 #1

I deposited funds to my Mellow Ads account in December 2021, it was about 90 dollars in BTC, when i tried to withdraw them though, and i confirmed my withdrawal through email, they said that the hot wallet was empty and that they couldn't initiate the withdrawal, and to try again later, Idk what hot wallet they were talking about, as in the withdrawal page, my funds were listed as "available to withdraw". I tried again the next day to withdraw, and still it didn't work, it still displayed the same message.

I don't want to lose my 90 dollars like that, the reason why i was gonna use mellow ads was to advertise my referral link for a binance airdrop that is happening this month, but then i decided not to do it and to just invest on binance's platform with these funds instead, but now i can't even withdraw them. Even today, i tried again just in case it might work today, still the same messasge.

Is Mellow Ads a scam? I saw many people recommend their site when it came to advertising, hence why i went with them. What should i do? I tried emailing them 3 times in january as well and they still haven't responded, which makes me think they're blatant scammers.
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OmegaStarScream
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March 15, 2022, 09:49:27 AM
Last edit: March 15, 2022, 10:14:58 AM by OmegaStarScream
Merited by Pmalek (2), ABCbits (1)
 #2

I deposited funds to my Mellow Ads account in December 2021, it was about 90 dollars in BTC, when i tried to withdraw them though, and i confirmed my withdrawal through email, they said that the hot wallet was empty and that they couldn't initiate the withdrawal, and to try again later, Idk what hot wallet they were talking about, as in the withdrawal page, my funds were listed as "available to withdraw". I tried again the next day to withdraw, and still it didn't work, it still displayed the same message.

That's the thing, when using a custodial service, you're not given a wallet with its private keys. They just assigned an address to you, and the funds you see are just 1's and 0's in their database. The hot wallet they were referring to is theirs, the one that processes the customer's withdrawal requests.

I don't want to lose my 90 dollars like that, the reason why i was gonna use mellow ads was to advertise my referral link for a binance airdrop that is happening this month, but then i decided not to do it and to just invest on binance's platform with these funds instead, but now i can't even withdraw them. Even today, i tried again just in case it might work today, still the same messasge.

Is Mellow Ads a scam? I saw many people recommend their site when it came to advertising, hence why i went with them. What should i do? I tried emailing them 3 times in january as well and they still haven't responded, which makes me think they're blatant scammers.

A service that allows "bitcoin generators" is definitely not to be trusted in my opinion: https://bitcointalk.org/index.php?topic=5253358.0

Also:

- https://www.trustpilot.com/review/www.mellowads.com
- https://bitcointalk.org/index.php?topic=2660174.0

Sadly there's nothing much you can do at this point. Just keep trying to reach out to the support, maybe they'll eventually respond.

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Frostbase (OP)
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March 15, 2022, 10:13:44 AM
 #3

I deposited funds to my Mellow Ads account in December 2021, it was about 90 dollars in BTC, when i tried to withdraw them though, and i confirmed my withdrawal through email, they said that the hot wallet was empty and that they couldn't initiate the withdrawal, and to try again later, Idk what hot wallet they were talking about, as in the withdrawal page, my funds were listed as "available to withdraw". I tried again the next day to withdraw, and still it didn't work, it still displayed the same message.

That's the thing, when using a custodial service, you're not given a wallet with its private keys. They just assigned an address to you, and the funds you see are just 1's and 0's in their database. The hot wallet they were referring to is theirs, probably the one that processes withdrawals when their customers make a request.

I don't want to lose my 90 dollars like that, the reason why i was gonna use mellow ads was to advertise my referral link for a binance airdrop that is happening this month, but then i decided not to do it and to just invest on binance's platform with these funds instead, but now i can't even withdraw them. Even today, i tried again just in case it might work today, still the same messasge.

Is Mellow Ads a scam? I saw many people recommend their site when it came to advertising, hence why i went with them. What should i do? I tried emailing them 3 times in january as well and they still haven't responded, which makes me think they're blatant scammers.

A service that allows "bitcoin generators" is definitely not to be trusted in my opinion: https://bitcointalk.org/index.php?topic=5253358.0

Also:

- https://www.trustpilot.com/review/www.mellowads.com
- https://bitcointalk.org/index.php?topic=2660174.0

Sadly there's nothing much you can do at this point. Just keep trying to reach out to the support, maybe they'll eventually respond.
Dammit. Their site looked so legit, I can't believe this
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March 15, 2022, 10:26:23 AM
 #4

Users on Bitcointalk have reported problems with that service as far back as 2017. People are claiming that the payouts were significantly lower than what they were supposed to be. Apparently, the site also used Coinhive to get their users to mine crypto on their behalf. People reported ads being disabled and clicks not counting.

You can read a bit about it below:
https://bitcointalk.org/index.php?topic=2660174.0

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Frostbase (OP)
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March 15, 2022, 11:10:53 AM
 #5

I went to the twitter and i was surprised that their account was engaging in discussions about the Russia-Ukraine war, for having an account to advertise your service online, I don't think they should be engaging in political discussions on their official account
Lucius
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March 15, 2022, 11:46:05 AM
 #6

I know that they were quite strong in the crypto advertising sector a long time ago, and that most faucets used their service, but that was 5-6 years ago - today I rarely see anyone use their service, which explains why they have empty wallets.

If you can't withdraw your funds, you always have the option to use them for advertising as you had planned. While the question is what kind of visibility you will get through such advertising, it may still be a better option than not getting anything.



I went to the twitter and i was surprised that their account was engaging in discussions about the Russia-Ukraine war, for having an account to advertise your service online, I don't think they should be engaging in political discussions on their official account

You would be surprised how many different crypto services of this type are actually owned by people from those two countries, and I am convinced from my personal experience that about 40% of the traffic just comes from there. Given the current situation, it is quite logical that their focus is on the war, and not on what they should be dealing with.

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