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Author Topic: Assistance with withdrawing funds from Stex exchange  (Read 106 times)
yantyx5 (OP)
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April 28, 2022, 02:09:34 AM
 #1

Stex scam exchange banned withdrawal of funds for residents of Russia and Belarus indefinitely. They've been preventing people from withdrawing their funds for 2 months..

However, it is still possible to get your crypto out of there. And we help people with this❗️

✅Join our telegram chat: https://t.me/StexisScam
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April 28, 2022, 02:18:12 AM
 #2

I am not aware about this but STEX is a KYC-required exchange. It is why I stopped using STEX since the day they required KYC mandatorily.

If do reject to process withdrawals for customers from Russia or Belarus, I guess it is related to sanctions from EU on these nations as part of responses against the war in Ukraine.

I searched and got the article in March Sanctions only traditional finances or crypto world too ?[url]. You can say it is fair or unfair but I disagree to call STEX is a scam exchange.
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April 28, 2022, 02:27:15 AM
 #3

I am not aware about this but STEX is a KYC-required exchange. It is why I stopped using STEX since the day they required KYC mandatorily.

If do reject to process withdrawals for customers from Russia or Belarus, I guess it is related to sanctions from EU on these nations as part of responses against the war in Ukraine.

I searched and got the article in March Sanctions only traditional finances or crypto world too ?[url]. You can say it is fair or unfair but I disagree to call STEX is a scam exchange.
Not going to argue with you. Stex traders can't withdraw their money for 2 months already. We just help them to get their crypto back from the dumster! Stex regulator - Seychelles, so I highly doubt they comply with the prescriptions.. and even if so, i don't care about Ukraine, its war, and EU sanctions.
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April 28, 2022, 02:45:19 AM
 #4

I remember years ago when Bittrex restricted withdraws for their clients. They restricted withdraws however the trades were still allowed and some people basically out of desperation started to hedge the trades with another broker in hopes of getting the funds out that way.

So if trading is still allowed you can try and hedge your money out of the exchange. Basically use 2 exchanges, one long and one short and do it in favor so the Stex exchange is losing on the trades.


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April 28, 2022, 03:54:46 PM
 #5

There are few threads about this exchange and they are known to suspend user's accounts or lock withdrawal and ask about a few personal information.

And most of the shitcoins are listed on this exchange not worth using this exchange and there is a big possibility they will end up the same as yobit.

So it's not a problem if they banned Russia from withdrawing funds. They can still exchange their coin for other exchanges and it's risky to trade on stex.

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yantyx5 (OP)
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April 28, 2022, 04:32:19 PM
 #6

There are few threads about this exchange and they are known to suspend user's accounts or lock withdrawal and ask about a few personal information.

And most of the shitcoins are listed on this exchange not worth using this exchange and there is a big possibility they will end up the same as yobit.

So it's not a problem if they banned Russia from withdrawing funds. They can still exchange their coin for other exchanges and it's risky to trade on stex.

The problem here is Russia and Belarus residents can't withdraw their money from this exchange. Their funds are blocked by stex scammers without any prior notification. and we help those people to withdraw. That's what this thread is about. and yes, stex will end up as scam for all the traders for sure, just matter of time.
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April 28, 2022, 04:35:39 PM
 #7

The Stex exchange is getting a lot of talks now when Russian citizens are restricted, but I have never interacted with this exchange despite having created an account there. Because of my suspicion from the start, they will end up like Yobit as BitMaxz said. In this case, if your funds are still there, then how can this solution be resolved when you have a large enough balance? Because for 2 months the time limit given is not necessarily after it can be withdrawn when the KYC process is still hampered because there are countries that are prohibited.

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April 28, 2022, 05:03:51 PM
 #8

Afaik, exchanges aren't legally required to freeze every russian ppl's funds otherwise every exchange would've been doing the same. I'm not sure if this is just another excuse to bag their users funds or they are actually taking their poop stance seriously. In any case, both are bad.

If you don't mind me asking, how are you gonna help these ppl whose funds are trapped?

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yantyx5 (OP)
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April 28, 2022, 05:14:29 PM
 #9

Afaik, exchanges aren't legally required to freeze every russian ppl's funds otherwise every exchange would've been doing the same. I'm not sure if this is just another excuse to bag their users funds or they are actually taking their poop stance seriously. In any case, both are bad.

If you don't mind me asking, how are you gonna help these ppl whose funds are trapped?
Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.
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April 28, 2022, 09:25:39 PM
 #10

In general, avoid keeping money in unknown platforms because they will try to steal your money and find legal justifications for that, even if they are not forced to.
If you notice, reputable platforms allow individuals to withdraw their money, even if rules change, they will be left with the option to withdraw money. As for fraudulent platforms, they will find it as an opportunity to get free money

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April 28, 2022, 09:30:53 PM
 #11

Afaik, exchanges aren't legally required to freeze every russian ppl's funds otherwise every exchange would've been doing the same. I'm not sure if this is just another excuse to bag their users funds or they are actually taking their poop stance seriously. In any case, both are bad.

If you don't mind me asking, how are you gonna help these ppl whose funds are trapped?
Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.
Would you mind or share up a little bit of hint on how you would be doing that? It seems like you are just trying to lure people to join in TG.

If users could simply sent out some tickets on releasing on their funds is  the only way or path i could see on which they could solve out the problem
and i dont see the relevance of third party services or something like this for it to work which do really give some doubts.
yantyx5 (OP)
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April 28, 2022, 10:56:31 PM
 #12

Afaik, exchanges aren't legally required to freeze every russian ppl's funds otherwise every exchange would've been doing the same. I'm not sure if this is just another excuse to bag their users funds or they are actually taking their poop stance seriously. In any case, both are bad.

If you don't mind me asking, how are you gonna help these ppl whose funds are trapped?
Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.
Would you mind or share up a little bit of hint on how you would be doing that? It seems like you are just trying to lure people to join in TG.

If users could simply sent out some tickets on releasing on their funds is  the only way or path i could see on which they could solve out the problem
and i dont see the relevance of third party services or something like this for it to work which do really give some doubts.
It's about moving funds from account that can't withdraw to account that can do that as result of trades.

What are the tickets they can send? and to whom? lol Grin If you're resident of Russia/Belarus who can't withdraw from stex then join the chat and we'll help you, if not please do the bounty posts in some other thread.
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April 28, 2022, 10:58:17 PM
 #13

Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.

I can't seem to find where you can able to transfer or move the funds from your account to another account. It's not the same as yobit that you can able to do that through yobicode and send them to someone or to your another account and redeem.

So how can you help Russian people with your service?
Since you are a newbie how can we sure that you are legit?

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April 28, 2022, 11:03:01 PM
 #14

Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.

I can't seem to find where you can able to transfer or move the funds from your account to another account. It's not the same as yobit that you can able to do that through yobicode and send them to someone or to your another account and redeem.

So how can you help Russian people with your service?
Since you are a newbie how can we sure that you are legit?

Trusting a newbie is indeed hard as you don't know if they are here for real or just another scammer on the move. Trusting huge amount is not an easy task as you have no idea if they will deliver or just run away once they got a hold of your funds. Also, once stex detect this kind of strategy, they may also trap the funds involve. But if you are out of options and desperate of getting back your funds. Maybe try small funds first.
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April 28, 2022, 11:04:27 PM
 #15

Not just gonna help but doing that. We helped to withdraw 35-40k already. Withdrawals are prohibited but trades are still work.. This allows to move funds from one account to another who can withdraw. There's the link for tg group in the first msg, there you can see screens, transaction ids etc.

I can't seem to find where you can able to transfer or move the funds from your account to another account. It's not the same as yobit that you can able to do that through yobicode and send them to someone or to your another account and redeem.

So how can you help Russian people with your service?
Since you are a newbie how can we sure that you are legit?
it's not transfer.. it's moving as result of trades
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April 28, 2022, 11:11:27 PM
 #16

and once again if there're residents of Russia/Belarus who can't withdraw from Stex exchange then join the chat and we'll help you. The link on the telegram group: https://t.me/StexisScam
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