Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
Faust Roland
on 02/05/2019, 14:43:38 UTC
Just happened to check coinmarketcap.com... Why is the CLAM-price at Yobit.net so much lower than on Poloniex?

https://yobit.net/en/trade/CLAM/BTC

vs

https://poloniex.com/exchange#btc_clam

I mean, someone could just buy them all and sell at Poloniex. Is there some problem with the block chain or any of the exchanges?

I think somebody mentioned it earlier that yobit is SCAM. I have no personal experience so I am following the wisdom of the crowd - I assume there are issues with the deposit/withdrawal so you cant arbitrage effectively.

I have never had any problems with withdrawal/deposit on Yobit. However, never tried out Poloniex.

Poloniex is reliable in the terms they don't run away with your money, you need to have some verification - but is currently having a bit troubles with depositing/withdrawing clams.
Deposit takes 5-10 hours to appear and withdrawals sometime end up in error state - requires contacting the support to get the coins back to the account. I got in the loop, when 3-4 following withdrawals were error.