Post
Topic
Board Beginners & Help
Re: Exchange withdrawal issues
by
Rockstarguy
on 15/12/2023, 09:12:31 UTC
Hello
Where can I post issues about problems with withdrawals if the the exchange deals with other crypto then just BTC?
Having issues with a exchange called h5.multi-banks.com
Thier crypto bank has flagged my account as suspicious for arbitrage and says I have to wait a month or two before doing a withdrawal.
I had done several withdrawals to see if I could trust the site. There was also some issues with sending digital crypto to a coinbase crypto that was unsupported
It is very risky to trade on exchange because of it centralised nature but if we must trade on exchange it will be preferable we go for the ones that are well known than new exchanges that people don't know about. Their  are many exchange that are not reliable , and it is risky to trade in exchange like that because anything can happen.

Exchange can not be trusted but the reputation of an exchange over the year is enough to tell if people can manage to to trade in it or not.
Those going for small exchange to trade that are just coming up I think they are taking a big risk to trade their money on what they do not know better