Re: HitBTC.com - NOT The most advanced cryptocurrency exchange
I feel in this case it is more about delay tactics and playing ignorant rather than them being lazy. They seem to have a deliberate agenda geared towards skipping past posts that highlight their selective scamming.
They claim a daily volume of $650 million which equates to over $237 BILLION per year but they cannot even get a team of customer services assistants to sort out or address issues raised by customers: https://coinmarketcap.com/exchanges/hitbtc/
At a pre-tax margin of just 0.15% it leaves them around $1 million a day. At that rate a pre-tax annual amount of $365 million. If those daily trade figures were real then they would not be so pathetic with their media and social media management. They simply do not have the money therefore they are faking their figures.
Come on, we all know that these numbers exchanges claim to circle around are not real. Anyway I agree, they do make money from trading, and enough of that. (not speaking about the ridiculous high listing fees they´ve received in the past...) So there should be any problem paying 6-10 fulltime workers in support/customer-care. (if you want it...)
Instead I guess they pay 2 or 3 at the max to save expenses and fill their pockets - I honestly wonder that this tactic is still in place and they´ve managed to not drawn till date - anyway just a matter of time in my opinion (if they don´t change those points addressed).
P.S. the thread-title comes funny meanwhile
Yes the title has more than a sense of irony about it
Just as you said, the majority of exchanges are probably inflating anything from a few to most their key markets. The figures going around are mind-boggling. Absolute scams.
The failure on part of HitBTC to even try to hire a few customer care support team shows they are morally bankrupt as well as probably heading towards financial bankruptcy too