Post
Topic
Board Scam Accusations
Re: Bitrue.com exchange is a scam
by
TimeTeller
on 14/04/2021, 23:30:27 UTC
Hi all!

I'm here again because I see that the situation hasn't changed and the scam exchange bitrue.com continues to steal money in 2021 too.

I want to say that my money is still frozen, and also that I earned it honestly and didn't violate any exchange rules.

Pay attention to the saved version of their TOS (http://web.archive.org/web/20190330111437/https://www.bitrue.com/exchange-web/footer/terms.html), there is nothing about arbitration and market inefficiences.
moreover, "N-degree arbitration" is my phrase, my technique (as opposed to the "classic" 3-degree), sounded for the first time in this topic and even this they managed to steal  Grin
They also removed the mention of Capital One from the site, I believe at risk of prosecution.

Now attention
Bitrue is a small, unknown scammer exchange.
I believe that most users, unfortunately, find them through coinmarketcap.com, coingecko.com and sites like these.

What I propose to do to all the victims
Just contact the support of these sites and similar ones, tell your stories about scam exchange bitrue. I'm not a native english speaker, I think you can do it much better.
I already had a positive experience of solving similar problems with another exchange via the coingecko support, a very adequate admin (thank you Jin) works there and he is happy to help users.
Under the pressure of the stream of your complaints, these sites may completely remove the mention of that scam exchange, and then they will have to finally return the loot.

Don't give up, friends, together we can do a lot!
The truth is ours, we will win!



Is this the exchange that you are talking about - https://www.coingecko.com/en/exchanges/bitrue?
Their trust score in coingecko is 8 and they have actually high trading volume as compared to other exchanges.
Now, I am wondering if that is because this exchange is practicing wash trading to increase their volume.

Their trustpilot review is also poor. That goes to show that this exchange is somehow shady.

https://www.trustpilot.com/review/www.bitrue.com

Never heard this exchange nor use it. So to newbies, stay away on this exchange.