Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EXCHANGE][REALTIME] Crycurex.com exchange
by
crycurex.com
on 28/01/2014, 00:46:24 UTC
I signed up for a Crycurex account yesterday in the hope of trading my COYE for COXE to trade to BTC.  My ultimate goal was to move the BTC to Coinmarket.io to trade for KDC.  I deposited 62326.07773219 COYE, which has a 1:1 trade for COXE to get around the cease and desist order.

You can see the confirmed deposit here: http://i.imgur.com/TYPOdc8.jpg

When I went to trade COXE for BTC, I had a difficult time submitted sell orders, as I kept getting an error message stating "No founds to sell".  I assume this was meant to mean "No funds to sell" meaning the amount I entered was insufficient.  However, if you review this image: http://i.imgur.com/ycMgpJ3.jpg you can clearly see that I was simply trying to sell the full amount that was available in my COXE balance.  I didn't fully understand why the system behaved this way until I started to make smaller transactions that were less than my whole COXE balance.

Here is a list of my transactions: http://i.imgur.com/CLxHzET.jpg

So, let's review:
COXE  62326.07773219 Deposit (Confirmed/Finished)
COXE - 9186.00000000 Sell Order
COXE -10000.00000000 Sell Order
COXE -10000.00000000 Sell Order
COXE -10000.00000000 Sell Order
COXE -10000.00000000 Sell Order
COXE -10000.00000000 Sell Order
COXE - 3000.00000000 Sell Order
COXE -   21.00000000 Sell Order
--------------------
COXE    119.07773219 Remaining Balance

But no, my remaining balance on the site says COXE 0.88443219.  I am missing 118.1933 COXE from my account. After thinking about it, it makes sense why my initial order for the full balance wouldn't post.  Because the exchange thinks they own part of your balance!  

118.1933*100/62326.07773219 ~ 0.19.  Not only is Crycurex taking 0.19% in exchange fees, they are also taking 0.19% of your remaining account balance!

I attempted to withdraw my BTC as soon as I found out what was happening, but it was never confirmed.  I sent the following PM to the crycurex.com account on this forum:

http://i.imgur.com/QXRc2FQ.jpg

Then I sent a follow up:

http://i.imgur.com/VpfTrEJ.jpg

I received this response:

http://i.imgur.com/cHb1Kuu.jpg

I do not trust this exchange at all.  The admins seem to not care about consumer confidence in their product.  You would do well to stay away at all costs.


Ok I will quote your post to be sure you wont delete it until I write reply ... because maybe you will get calculator soon Cheesy


Ok so Cheesy

Thank you for your long reply, lot of bad words about my and my exchange, unfortunately I have to say YOU ARE WRONG ! Why ?


All you wrote is correct, your screenshots are also correct, yes I wrote go public, because unfortunately I have to deal with users like you everyday, who are damaging my reputation because they dont know facts or they do not use calculator (your situation)

My dear you forgot FEEEEEEEEE !!! 0.19% ... and there IS NO DOUBLE FEE ....

If you put pending sell/buy order...your order INCLUDES fee ...
If you delete this pending orders your FEE IS RETURNED
If your pending order is bought/sold ... you pay FEE, BUT you receive full amount of other coin

For all who wants to try that I can create test account Cheesy

Making screenshots take lot of time so simple example:

User ASDF:

COXE balance: 5000
BTC balance: 0

If you put sell order of 1000 coxe for 0.00000004 your account will be debited by 1000 coxe + fee, (1000+1,9) your new account balance is 3998,1
If you CANCEL your sell order - your order will be returned INCLUDING fee, your new balance is back to 5000

If your sell order is bought
- your coxe balance remains 3998,1 (1000+fee)
- your btc balance will be + 0.00004000 (you sold 1000 coye at price 0,00000004) there is no fee AS WE DO NOT HAVE DOUBLE FEE

as some users without calculator mentioned. (btw try calc.exe if you use windows Wink )



Back to point....

I admin of www.crycurex.com officialy write that my exchange:
- Does not steal coins
- Does not charge double fees
- Is 100 % secured
- Do not owe SINGLE COIN to any user

As responding to every hater, user without calculator, or even users who are not our clients, takes lot of time and I would like to improve my services, I will use this reply as a standardized reply to most of posts which would like to damage our reputation.


User furyoftheflames I officialy ask apologize.

Thank you all