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Author Topic: Best crypto exchange - 247 CRYPTO  (Read 255 times)
247_CRYPTO (OP)
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May 14, 2023, 08:58:42 AM
 #1

I'm presenting you best crypto exchange - 247 CRYPTO
Best exchange rates
Availability:A platform that operates 24/7 can be beneficial for those who want to trade at any time.
Wide range of cryptocurrencies: Exchanges that offer a wide range of cryptocurrencies give users more trading options.

Security: Strong security.
User-friendly interface: An intuitive, easy-to-use platform can make trading less intimidating, especially for beginners.
Low fees: Competitive fees can make trading more profitable, particularly for high volume traders.
Customer support: Good customer service can be a major advantage, providing help when users encounter problems.
Regulatory compliance: Platforms that comply with regulations tend to be more reliable and secure.
Liquidity: High liquidity allows users to quickly execute trades at desirable prices.
Will see you at the https://247crypto.exchange
247 CRYPTO - YOUR CHOICE
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
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May 14, 2023, 09:34:40 AM
Merited by hugeblack (1)
 #2

Proof of reserves?

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May 14, 2023, 07:43:04 PM
 #3

Nice review of your own site, but you forgot to mention the competitive fees of the exchange. And you're promising that the exchange will operate 24/7, but man if yours is the only one to operate 24/7 than what about others. You forgot to mention that all of the exchanges operate 24/7 and their fees are very competitive.

It would be better if you mention the fees and other details of the exchange because that would be helpful. However, if you are really proving a good exchange than best of luck. And, surely if your features and rates are really competitive then you might get some users.

But, to be honest, it's really hard to trust a new exchange these days because every once in a while a new crypto exchange emerges and promise to serve the customers better than the competition, but when users add their funds to the exchange then it would be impossible for them to without the funds again. That's why trusting is also a big issue for new exchanges.

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May 14, 2023, 09:56:41 PM
Merited by hugeblack (1)
 #4

The exchange is barely 6 months old as of today, and now it's the best crypto exchange? Based on what?

It would be better if you mention the fees and other details of the exchange because that would be helpful. However, if you are really proving a good exchange than best of luck. And, surely if your features and rates are really competitive then you might get some users.
They have something like this but still not so clear- https://247crypto.exchange/tarifs/

Perhaps they might be having so more hidden fees.

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..BUY/ SELL CRYPTO..
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May 14, 2023, 10:53:55 PM
Merited by hugeblack (4)
 #5

Security: Strong security.

If you say so, it must be so. There is no reason not to take your word for it or to ask for additional evidence

Quote
User-friendly interface: An intuitive, easy-to-use platform can make trading less intimidating, especially for beginners.

We know that. many exchangers use the https://best-curs.info/en script, nothing new. Are you using their entire package or just the WP theme?

Quote
Low fees: Competitive fees can make trading more profitable, particularly for high volume traders.
Customer support: Good customer service can be a major advantage, providing help when users encounter problems.
Regulatory compliance: Platforms that comply with regulations tend to be more reliable and secure.
Liquidity: High liquidity allows users to quickly execute trades at desirable prices.

High liquidity can have different interpretations, can you tell us a little more about it?
Also, how is it going to add to monitoring services like BestChange, Exchangesumo, Kurs.expert...? They should perform a little more precise check, this can bring you a certain amount of trust.


The exchange is barely 6 months old as of today, and now it's the best crypto exchange? Based on what?

You obviously didn't read the reviews on their website, otherwise, you would have no doubt of their best. https://247crypto.exchange/reviews/
For example:


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May 17, 2023, 09:38:50 AM
Merited by alterra57 (3)
 #6

Security: Strong security.
Is this a joke?It is better to remain silent than to make a general description of something that needs a lot of detail.
The platform's creation date, fake reviews, front-end slow response, and bad exchange rate compared to other platforms, all of these factors will make any user avoid your platform.

Also your money laundering terms are weird I'll quote

Quote
Cryptocurrency assets are not subject to return and exchange if, as a result of AML verification, a connection is found with criminal wallets belonging to the following categories:

DARK MARKET
DARK SERVICE
SCAM
STOLEN
MIXING(MIXER)
SEXTORTION
SANCTION
RANSOMWARE
HACK
PHISHING


You then rate many deposits with general ratings such as DARK MARKET, DARK SERVICE, SCAM ,MIXING(MIXER), SEXTORTION, etc. Therefore, the account may be suspended for any reason due to the general descriptions above.

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May 17, 2023, 06:14:39 PM
Merited by hugeblack (1)
 #7

We usually see this type of claim but it's just another false claim which has been done to market the new exchanges and projects. If you haven't proved anything yet, it's best to just be lowkey and never claim yet that you're the best.

Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.

Proof of reserves?
They say, here you go. And they are probably richer than most of those early adopters by simply inputting 99999 or 10000000. LOL


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May 17, 2023, 09:43:04 PM
 #8

We usually see this type of claim but it's just another false claim which has been done to market the new exchanges and projects. If you haven't proved anything yet, it's best to just be lowkey and never claim yet that you're the best.

Because if it's about exchanges, everybody knows what's the best right now and many will have the same thoughts if we'll pick one exchange that's common to the most.

Proof of reserves?
They say, here you go. And they are probably richer than most of those early adopters by simply inputting 99999 or 10000000. LOL



When I first had a look at their site the numbers gave it away  Roll Eyes. 100k ETH but can't get the website to look the right way. If this isn't a failed marketing attempt to attract clients then it most definitely is a scam.

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May 17, 2023, 10:20:54 PM
 #9

~snip~

When I first had a look at their site the numbers gave it away  Roll Eyes. 100k ETH but can't get the website to look the right way. If this isn't a failed marketing attempt to attract clients then it most definitely is a scam.
True. As soon as I've seen the design of the website, it's not like what I'm expecting when it has claimed to be the "best".

When such claims has been said and there's no proof to what they say and even show some hefty amount of money as if they really have it but upon having a first look at it, there's really something wrong with it.

Much better not to do any transaction if they keep on enticing this way.

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May 18, 2023, 08:29:59 AM
Merited by sunsilk (1)
 #10


After reading the comments above and seeing these fake reserves, I will choose to give a negative trust.
Unfortunately, many of these exchanges have become widespread in the hope that these scammers will get a few dollars, and they do not even want to develop the site to be selective scam, it is just lazy scammer that does not even want to respond to all above questions.

If there is any change, I can amend the trust.

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..BUY/ SELL CRYPTO..
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May 18, 2023, 09:42:26 PM
 #11


After reading the comments above and seeing these fake reserves, I will choose to give a negative trust.
Unfortunately, many of these exchanges have become widespread in the hope that these scammers will get a few dollars, and they do not even want to develop the site to be selective scam, it is just lazy scammer that does not even want to respond to all above questions.
It doesn't even look unbelievable having that type of reserve and they think that it's easy to fool people with those numbers.

If there is any change, I can amend the trust.
I doubt it that they'll even change or will come back to clear what has been brought onto this thread about their reserves. But it will be good to clear things and let's see if they'll say something justifiable based on those info that they've projected through their website.

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May 23, 2023, 11:25:46 AM
 #12

in general, I corrected the reserves, there was really a mistake. thanks for noticing)
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May 24, 2023, 12:43:55 PM
Merited by alterra57 (3)
 #13

in general, I corrected the reserves, there was really a mistake. thanks for noticing)
I would choose to believe your story and that the previous reserves were a mistake.


Please sign a message proving that you have 100 bitcoins or any proof of the amount of bitcoins close to 100 bitcoins.
Do you still have 9999 Ethereum or does this part need to be modified?

The rest of the reserves look good for a small platform, but why can I trade with more than those reserves? Huh

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May 24, 2023, 05:33:54 PM
 #14

in general, I corrected the reserves, there was really a mistake. thanks for noticing)
Corrected? Let us say that it wasn't intentional to put wrong numbers and even if you've "corrected" the wrong numbers, still the numbers are unbelievable based on the new image and the past image that has been posted. Having $10k+$10k of USDT is believable and as well as 98 Litecoins but having that Ethereum and Bitcoin, you really have to prove that you own that a lot while your website doesn't look professional.

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May 25, 2023, 12:40:25 AM
 #15

Assuming your service is legit, where did you get your rates from? It seems really terrible compared to other marketplaces. I'd never trade on your platform if rates are quite bad, especially if the other platforms are more popular and reliable. Not to mention your so-called reserves are also low if the numbers are to be believed.

There is simply no incentive to use your service as of now. You need the same KYC and stuff like that, it is hard to encourage others to 'just try' your platform if the risk is not worth it.

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May 25, 2023, 02:34:40 PM
 #16

Firstly, I would like to clarify that we act as intermediaries in facilitating exchanges between different cryptocurrencies. Our goal is to provide a secure and efficient platform for users to exchange their digital assets.

Secondly, I would like to address the reserves that you see displayed on our website. These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.

At our exchange, we prioritize security and transparency. We have implemented robust security measures, including two-factor authentication, encryption protocols, and strict adherence to regulatory compliance. We aim to create a trustworthy environment for our users to engage in cryptocurrency exchanges.

If you have any further questions or concerns, please do not hesitate to reach out to our customer support team. We are here to assist you and provide any additional information you may require.

Thank you for choosing our exchange service as your trusted partner. We appreciate your trust and look forward to serving you in the future.

Best regards,

247 CRYPTO






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May 26, 2023, 01:33:10 AM
 #17

These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.

At our exchange, we prioritize security and transparency.
And who are these "trusted providers" you are referring to? Market makers? It is hard to trust a new exchange regardless of how fancy your marketing is, especially if we can't even verify it ourselves. My previous question about rates is also unanswered, unless you mean these trusted partners of yours also decide this rate. Your reassurance doesn't really make you more transparent IMO. I guess time will tell whether you'll continue your service faithfully or not, but don't be surprised if people keep asking about it in the future.

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May 26, 2023, 12:36:47 PM
 #18

In fact, our rates vary depending on the exchange rate.
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May 26, 2023, 06:50:37 PM
 #19

in general, I corrected the reserves, there was really a mistake. thanks for noticing)

There are actually areas mistakes are acceptable and not in a sensitive areas as reserve. Making up numbers to appear richer than your company actually is, is a red flag.

Secondly, I would like to address the reserves that you see displayed on our website. These reserves represent the limits set by our trusted provider, which enable us to execute exchanges on behalf of our users. These limits ensure that we can provide a seamless and reliable service to our customers.

It shouldn't be called a reserve then. According to your statement, non of those coins are in your reserve. It is just mare numbers that your trusted provider sent to you.

I just checked the domain up and an exchange that has upto 100BTC in reserve could not register their domain  for more than 1 year. I support hugeblack red tag. Avoid this exchange.

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May 27, 2023, 12:48:10 AM
 #20

In fact, our rates vary depending on the exchange rate.
Well yeah, I get that it varies. I don't think it answers my question though. If it is still unclear, where did you get the rates from? Which exchanges do you use to calculate the price? How did you calculate it? I don't think these questions are hard to answer. You don't even have to provide a signed message or something similar, just list the names and how you calculate it, and people can easily verify whether your rates are correct or not.

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