Post
Topic
Board Exchanges
Re: C-CEX.com Trusted, Secure & Friendly Exchange Since 2013. 200+ Alts,USD,Low Fees
by
Damage_Dealer
on 04/03/2018, 00:11:29 UTC
Here we try to explain XVG situation better.

We already posted official statement about it here: https://bitcointalk.org/index.php?topic=418700.msg30655080#msg30655080
But here is how we are working out this very bad for us and our customers situation:

Due to technical glitch we lost all XVG (including those in backup wallet) which we had on our user balances. This is very unfortunate and rare situation but here how we are working this out:
1. We created XVGCT token which you can trade but can't withdraw. All users who had XBG on their balance now have same XVGCT.
2. We buy XVGCT with BTC every week (or more frequently) at market price.
3. Everybody are welcome to sell their XVGCT here: https://c-cex.com/?p=xvgct-btc



How are you buying them at the market price exactly??!!! The price is 85 sat at the moment. That's nowhere near the market price! As if it wasn't bad enough that there are idiots who keep selling for this price, you keep telling us about the buyback which is unfair and does not represent the current value of the coin. Verge is now 490 sats, how am I supposed to sell it at that price??

The best you can do is deposit an amount of BTC corresponding to Verge's market price to each holder's account. Users can send you pics of their holdings for proof or whatever. Sort this shit out C-CEX!! You have ruined your reputation, don't make things even worse.