Ratimov is a really respected and trustworthy member of this community; to say that just because he said a exchange is good; doesn't mean the exchange can't rugpull or do a scam; just like another member told here, there are selective scammers in the world wide web, they will seem nice to many for months or maybe years before making an exit scam; we have seen it many times over the years and still see it everyday. There is nothing we can do about it, even a worldwide trusted exchange can scam; that's why I hate the idea of central bodies however internet will always have some problem in trust I sadly believe.
Let's start with the fact that I never said that the exchange was good, and even more so, I never recommended it to anyone as a reliable exchange. I wrote a review about this exchange, where I fully tested the capabilities of this exchange, and then wrote about its advantages and disadvantages. My review is here:
https://bitcointalk.org/index.php?topic=5457393.msg62834156#msg62834156OP himself made a serious mistake when working with centralized services, he sent a large amount in full. I have always recommended and advised one and all that large sums should be divided into several parts. Always:
6. Deposit/Withdrawal
- Never try to make a large exchange with one transaction. For example, I want to exchange 10,000 USDT for Bitcoin. I will never deposit the entire amount in one transaction, it is better to break large amounts into several parts, then the risk of losing the entire amount is greatly reduced. Of course, you increase your fees, but it's better to lose 20 bucks in fees than to lose everything and then write numerous complaints all over the Internet that the exchange is holding your funds.
- It’s definitely not worth sending large amounts to low-liquid exchanges, especially if you don’t pass KYC there, this increases the chances of blocking, since the exchange makes good money due to such cases. If you look at all the complaints about the blocking of user funds on this forum, then there we will most often meet various no-name exchanges.
If OP used risk diversification, he would split his $6,000 into 4 or 5 parts and send them one by one as the funds come back. Of course, he would have spent a little money on extra commissions, but he would have saved most of this amount. He saved on commissions, but lost all his sent money.
Sorry Ratimov, I was quoting the OP when saying you said Bitsar.com is a good exchange; it seems like those are OP's words. Sorry for the misunderstanding.