How exactly is this exchange still in business?
I, stupidly, made an assumption that they had fixed all their issues before moving my trading funds to Kraken to get out of USDT and into USD.
I have never experienced anything like it in my life, no wait I have, MtGox during a BTC crash.
98% of my order creations and cancellations failed, losing me a lot of money. I ended up just cutting my losses and transferring what I could back out again (surprisingly it only took 3 attempts to withdraw before it went through).
There are no warnings anywhere, which is absolutely disgusting. People are losing money over this...
A qoute from the CEO
"Thanks for the feedback. We have made a deliberate choice recently to give up on applying more band-aids in favor of accelerating development of the new platform. I know that sucks but there are only bad and worse choices here. Support were intentionally told to give no ETA because anything (like random, surprise hard forks every other day) could delay the upgrade. I would not ask anyone to stick it out. There are other decent exchanges out there. I'd prefer you take your business elsewhere for a while, save yourself some frustration, and give us another chance later."
https://www.reddit.com/r/BitcoinMarkets/comments/7eboh7/suggestion_remove_kraken_from_the_header_ticker/So, in other words, even the CEO knows that the service is nowhere near what is promised on their website, they dont give warnings on their main page to (new) customers, and they keep on running with the current problems. Furthermore, again these empty promises of a new trade engine. For us, this is just SCAM, SCAM, SCAM, SCAM