Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [EXCHANGE] VINDAX – THE CRYPTOCURRENCY EXCHANGE FOUNDATION
by
tippytoes
on 30/10/2019, 15:03:10 UTC

Guys, vindax exchange is a scam

All data, details and trading volume .... is Fake

Please collect enough information to prove that what you are saying is the true.... People will not believe your words if you are saying something not true.


I believe CoinGecko's information.
You reported volume on your exchange for the last 24 hours as $439,340,476.
You have about as much web traffic as my aunt's Facebook page.
CoinGecko "normalize" your volume down to $2,959,844.

That means that, for every $1000 you pretend to trade, you actually are faking about $993 by wash trading.
This makes you liars, and liars make scammers.


I was looking for the response from the VinDAX representative here but to no avail. He has not addressed yet such wide discrepancy between CMC and CoinGecko. Why is the "normalized" volume so small when you compare it to CMC's reported volume? Which figure is near to its reality?

I just used your exchange few time and have problem when canceling an order. The order was canceled, but I still do not have the fund back again, so I can't continue to trade. But when I check the balance, everything is fine. But a day after when check again my account, that order was executed, so strangle. Hope you fix it soon.

Another unfortunate feedback but the exchange needs to address this bug asap. If not, more and more people will complain such issue. Maybe I'll try this exchange once and for all and experience whatever they are claiming as problem. But of course, I'll try it with small amount of money.  Wink