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Author Topic: Azbit is a scam exchange  (Read 91 times)
S3300 (OP)
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May 13, 2022, 09:31:01 AM
 #1

Stay away from Azbit exchange or any tokens that listed on Azbit.

I have billions of token in supply on this shit exchange that I wanted to withdraw.

So far no luck, the exchange is asking me for 0.025ETH for transaction fee.

So I decided to swap the token to Tron or Polkadot to avoid this transaction fee.

Believe me, I tried to swap this token (blue sparrow) but it's all a failure.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Dave1
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May 13, 2022, 10:39:15 AM
 #2

Not familiar with this exchange, but it seems it hasn't established any reputation yet. And I don't know how you have tons of token with them? Is this airdrop or something?

Anyhow, takes for giving us the warnings this early and hopefully no one will fall for this exchange. 0.025 ETH for transaction fee is really high and maybe they think that they can get away with this kind of fees.

R


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rum19980
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May 13, 2022, 10:50:32 AM
 #3

It's your mistake for using Unknown and Shit Exchanges
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May 13, 2022, 10:57:43 AM
 #4

Stay away from Azbit exchange or any tokens that listed on Azbit.

I have billions of token in supply on this shit exchange that I wanted to withdraw.

So far no luck, the exchange is asking me for 0.025ETH for transaction fee.

So I decided to swap the token to Tron or Polkadot to avoid this transaction fee.

Believe me, I tried to swap this token (blue sparrow) but it's all a failure.
i know this exchange from bounty campaign here , and so far i dont believe it will be good exchanges. Using unknown and unreputable exchanges was taking risk with our money. With high transaction fees , it is more like decentralized exchanges which is required high fees. Maybe use reputable market could avoid us from this kind accident.


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May 13, 2022, 12:56:37 PM
 #5

It's your mistake for using Unknown and Shit Exchanges
Do you know of any exchanges that are legit with low listing fees? Tokpie is the only one I can find that is tracked on CMC.
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May 13, 2022, 01:19:02 PM
 #6

it seems like the exchange site is forcing you to pay such amounts. The exchange sites is limiting your transaction and you will able to only withdraw it by paying the fees. So can you tell your story why do you use this garbage exchange site? If you have so many choices to trade azbit exchange site and why do you need to use this exchange site to keep your tokens? it seems like the fault is yours. You have no choice other than paid the transaction fees.

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May 13, 2022, 02:09:08 PM
 #7

You should be charged in Blue Sparrow token not Ethereum 🤔, I think that is the first red flag here, if they are charging Ethereum for withdrawal fee hell no something is definitely wrong, do you earn token through airdrop? That exchange is no man's land, stay away and move on.
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May 14, 2022, 11:27:56 AM
 #8

Stay away from Azbit exchange or any tokens that listed on Azbit.

I have billions of token in supply on this shit exchange that I wanted to withdraw.

So far no luck, the exchange is asking me for 0.025ETH for transaction fee.

So I decided to swap the token to Tron or Polkadot to avoid this transaction fee.

Believe me, I tried to swap this token (blue sparrow) but it's all a failure.

Before starting trading on a new exchange, I now always check the cost of the withdrawal fee. Where the commissions are high, I no longer trade, for example, on the STEX.com exchange, the withdrawal fee is 0.02 ETH and I left this exchange forever.
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May 14, 2022, 12:06:11 PM
 #9

Thanks for the warning, although I have never heard of the exchange before now and I wonder how you managed to deposit your coin there. It is always risky to trade on exchanges without good reputation, next time do a little research before using unpopular exchanges.

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May 14, 2022, 12:49:43 PM
 #10

No doubt. It's not only you but there are bunch of people were also complaining about this exchange site. Some developers have been also saying the same thing like that too. I think that you can do nothing to save your money. that's shit exchange site and you will never get your bluesparrow if you will never pay them the fees, They are forcing you. This is the typical of scam exchange site when they have your money and they didn't let you to take it for free

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May 14, 2022, 02:10:51 PM
 #11

Stay away from Azbit exchange or any tokens that listed on Azbit.

I have billions of token in supply on this shit exchange that I wanted to withdraw.

So far no luck, the exchange is asking me for 0.025ETH for transaction fee.

So I decided to swap the token to Tron or Polkadot to avoid this transaction fee.

Believe me, I tried to swap this token (blue sparrow) but it's all a failure.
Azbit,Coinsbit,Latoken and some other are very bad exchanges. They offer IEO and token listing very cheap price but after that they create fake volume and made withdraw very hard for users. Bluesparrow token withdraw is very Costly in Azbit exchange but why BM elect this exchange for bounty hunter. Token already listed on top exchanges and azbit price is very low. It's better to wait ,maybe price up in Future.

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