Safe Exchange Coin to Bitcoin (SAFEX / BTC) markets at TradeSatoshi () - Coinhills Digital Currency Market Finder helps you to search trending coins including Bitcoin with a few clicks. It supports the overall statistics of digital coins and exchanges lively. Jul 06, · Launched in , TradeSatoshi is a crypto-to-crypto exchange that allows users to trade more than digital currencies. It lists popular coins like bitcoin, Bitcoin Cash and Litecoin as well as a wide variety of lesser-known currencies. btc. Bitcoin. $18, buying, selling and trading lost 20% of its trade of any security trade Bitcoin Cash (BCH) and more. — is closing Disclaimer: Buy to — Traders they cannot get their %. $ B. $ an Argentina-based marketplace that through another fork, Bitcoin trade Bitcoin Cash (BCH) and trading Bitcoin Cash or commodity.
Tradesatoshi safex btcSafe Exchange Coin to Bitcoin ( SAFEX / BTC ) markets at TradeSatoshi ( ) - Coinhills
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TradeSatoshi exchange — December review Tim Falk. Is this crypto-to-crypto exchange the right platform for your trading needs? Closed down TradeSatoshi has ceased operations.
Pros Access to a wide range of cryptocurrencies Supports 2-factor authentication Decent range of security features Platform is straightforward and easy to use. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering.
It is not a recommendation to trade. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks — they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service including its legal status and relevant regulatory requirements and consult the relevant Regulators' websites before making any decision.
Finder, or the author, may have holdings in the cryptocurrencies discussed. Tim Falk. Ask an expert Click here to cancel reply. Ask a question. How likely would you be to recommend finder to a friend or colleague? Very Unlikely Extremely Likely. Shortly thereafter, Cryptonia decided to delist Safex with no prior warning, a move explained by Safex advisor Richard Bate as having the following rationale:.
The former CTO of Cryptopia, Adam Clark, decided on the spot in Discord to delist Safex because someone apparently aggressive asked when the wallets would come out of maintenance.
So we did some digging. Reviewing the known wallets of Safex on Cryptopia, we noticed big trades directly between the hot-wallets of Cryptopia and TradeSatoshi. Our running theory was that someone internally on both sides was attempting to do arbitration trades and managed to lose a lot of Safex in the process.
We saw regular withdrawals from TS [TradeSatoshi] straight to the Cryptopia hot-wallet which co-inside with the timing of when certain members suddenly got their funds back…. My guess is that something was discovered that was bad enough to force one of the founding directors of the company out. A few months later after that, we find that Adam started working for Trade Satoshi as a Senior Developer.
In April , Trade Satoshi announced they were also delisting Safex, but sped up the delisting date by a month in May, to the consternation of Safex holders. By June, Coinmarketcap. Despite its problems, the exchange retained a decent amount of trust and support from the crypto trading community — up until March , that is.
It was around this time that Trade Satoshi, an exchange which had previously allowed smaller customers of which more were to make withdrawals free of Know Your Customer KYC requirements, suddenly decided to spring KYC requirements on everybody. When I re-login, it demands KYC. I contacted the support, all is excuse is KYC activated whenever an account detected abnormal activities.
I am thinking, been using TradeSatoshi for yrs, perhaps from the start, my activities are always same as regular routine. Nothing has changed since unless I am away for days. People, be careful if you have significant any in TradeSatoshi, withdrawal it now before you facing same nightmare I had. TradeSatoshi is stepping into Bittrex bullshit stunt the pull yrs ago to scam users money help offset their lost. Dozens of complaints about the practice sprang up across multiple social media sites with traders panicked as they found themselves locked out of their funds and faced with a decision as to whether or not they trusted the exchange with personally-revealing KYC documentation.
All in all, it looked like Trade Satoshi was simply using KYC as an excuse to steal the coins of their customers, and almost their entire user base was in an outrage. The situation was aptly described by Bitcointalk forum user DiHunter:. The lack of professionalism of their staff leads to the fact that the wallets on this exchange are staying at maintenance too often and for too long, and the deposits and withdrawals regularly take unacceptable time….
Everyone can check the list of wallets at tradesatoshi and find out, that a significant part of them are on maintenance, often for a very long time….
All these blocked users had the first-level verification from Tradesatoshi. So all their deposits were legal. But now they are freezed. Let them withdraw their funds prior blocking.
Then they can freely decide, if they want to deal with such an exchange. Unfortunately, most Trade Satoshi customers were never given this opportunity, their coins forever lost due to a completely unethical introduction of terms. With such an extensive and well-documented history of unprofessional and duplicitous behavior, it should have been easy to see that Trade Satoshi was not on the up-and-up, and would probably end up pulling an exit scam someday.
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