Hello everyone! I'm a full-time crypto trader with a team, some solid connections, and capital to invest. I already have some clients lined up for this business and can take care of the incorporation/legal aspect of it. I want to offer a service where I purchase any amount of any of the top 10 volume coins. The website should be very simple and the process should be as follows:

1. User chooses coin he wants to sell and currency he wants to get paid in
2. User enters amount he wants to sell and website shows how much we will pay him based on market value minus our fee
3. Website asks for bank account number
4. Website generates a new deposit address

When coins are received we will pay out the agreed amount to the user's bank account. To keep keep things simple initially, bank transfers will be done manually so no payment gateway is required.

Looking forward to hear your thoughts on this. Any questions/suggestions/proposals feel free to PM me and we can discuss further.

Thanks.

@tk1900 - As I said I always provided the proof. I asked before what I needed to provide and I sent them what they asked for, they even confirmed to me in writing that it was sufficient. They stated (again, in writing) that as long as the money comes from the same account, I only need to provide proof the first time. Even if this wasn't the case I would still have been able to provide proof each and every time. But the last time they just didn't even give me an option to provide proof but just closed my account.

@rewter - Of course I'm not surprised they're asking for verification. The point is that I met all their requirements and advised them before I even started that I'm going to move this money. They told me that they have 'no limits', there will be 'no problems', my documents are 'good'. Now since yesterday they didn't even give me the option to provide them documents or anything, won't answer my questions and they're closing my account.

Worst of all is they added a 0.5% fee which was never there before, to take out my money, which adds to €507.50 - as per the last screenshot I attached, I was never being charged such a fee before they informed me that my account is being closed. So basically they just decided to nick €500 off me since I wasn't going to be their customer anymore anyways.

The only hint I got of why they did this is because I wasn't using their exchange to purchase cryptocurrency, they suggested that my partner can buy BTC directly from their exchange and I don't need to do 'this'. Also, since I was providing all the documents they were asking me for, they asked me if I have a 'license to accept currency and buy BTC'. When I told them that everyone can buy BTC with currency, no such license exists, and asked them to specify which license they're talking about, the question was just ignored, along with my question about why they are ripping me off €500. They just told me my account is being closed.

I did provide all the documents. I asked them by email before I started using their service, so that I knew beforehand what I needed to provide. I gave them the documents and they assured me all was good. Now since yesterday they didn't even give me the option to provide them the documents or anything, they won't answer my questions and they are going to close my account.

Worst of all is that they added a 0.5% fee which was never there before, for me to take out my money, which adds to €507.50 - as per the last screenshot I attached, I was never being charged such a fee before they informed me that my account is being closed. So basically they just decided to nick €500 off me since I wasn't going to be their customer anymore anyways.

The only hints I got of why they did this is because I wasn't using their exchange to purchase cryptocurrency, they suggested that my partner can buy BTC directly from their exchange and I don't need to do 'this'. Also, since I was providing all the documents they were asking me for, they asked me if I have a 'license to accept currency and buy BTC'. When I told them that everyone can buy BTC with currency, no such license exists, and asked them to specify which license they are talking about, this question was just ignored, along with my question about why they are ripping me off €500. They just told me that my account is being closed.

***WARNING***

Hi guys, I made an account here to warn you about Mistertango since I found them from this forum.

My partner and I do crypto arbitrage and I opened an account with Mistertango 2 weeks ago to receive funds and re-deposit to exchanges. I got verified and emailed them introducing myself and informing them that I intend to deposit considerable amounts for trading. They assured me there's no limits and as long as I provide an agreement between me and partner when deposit comes from a new account, all will be good. I sent the agreement and a bank statement as per their request. They confirmed it was sufficient and all looked OK. Over a week I asked them 3 times (since I really wanted to be sure) and they confirmed each time in writing that there are no issues whatsoever. Screenshots below of our email conversation and I have no problem uploading the whole transcript.

https://postimg.org/image/6ut9rphxp/

https://postimg.org/image/sbg1aqail/

https://postimg.org/image/r6c29ut2j/

I started depositing with them since last week, ~€25000, then ~€43000, then ~€63000. Friday my partner sent me ~€100,000 which came in Monday, I tried to deposit to Kraken but funds didn't go out until I emailed Mistertango today asking if anything is wrong. An employee I hadn't talked to emailed me saying I needed to describe the purpose of the payment, provide proof I own the money, and suggested that we should use their exchange instead of Kraken. I replied with a clarification, informed him his colleague gave me the go ahead, I had asked about this before, and attached proof. This was totally ignored and he just replied that my account will be closed on suspicion of money laundering tomorrow and that if I don't take the money out today they will charge me an extra €100 and 'sanction' me.

https://postimg.org/image/qzyd0vsft/

To top it off, they added a €500 fee for me to take my money out which they never charged before. My replies to them stating what they confirmed to me in writing before and providing proof are being totally ignored. When I asked why they are taking €500 of my money... totally ignored.

https://postimg.org/image/u6jwld145/

https://postimg.org/image/98xmklyvd/

So basically Mistertango just lured me in, confirmed to me a lot of things in writing which they totally ignored later on, let me get comfy and make a big deposit, then told me to f*** off and stole €500 from me. The only answer I get from them is ''Take your money out by tomorrow or we will take more of your money''. Extortion mafia-style. They just don't give a s***.

***USE AT YOUR OWN RISK***

***WARNING***

Hi guys, I made an account here to warn you about Mistertango since I found them from this forum.

My partner and I do crypto arbitrage and I opened an account with Mistertango 2 weeks ago to receive funds and re-deposit to exchanges. I got verified and emailed them introducing myself and informing them that I intend to deposit considerable amounts for trading. They assured me there's no limits and as long as I provide an agreement between me and partner when deposit comes from a new account, all will be good. I sent the agreement and a bank statement as per their request. They confirmed it was sufficient and all looked OK. Over a week I asked them 3 times (since I really wanted to be sure) and they confirmed each time in writing that there are no issues whatsoever. Screenshots below of our email conversation and I have no problem uploading the whole transcript.

https://postimg.org/image/6ut9rphxp/

https://postimg.org/image/sbg1aqail/

https://postimg.org/image/r6c29ut2j/

I started depositing with them since last week, ~€25000, then ~€43000, then ~€63000. Friday my partner sent me ~€100,000 which came in Monday, I tried to deposit to Kraken but funds didn't go out until I emailed Mistertango today asking if anything is wrong. An employee I hadn't talked to emailed me saying I needed to describe the purpose of the payment, provide proof I own the money, and suggested that we should use their exchange instead of Kraken. I replied with a clarification, informed him his colleague gave me the go ahead, I had asked about this before, and attached proof. This was totally ignored and he just replied that my account will be closed on suspicion of money laundering tomorrow and that if I don't take the money out today they will charge me an extra €100 and 'sanction' me.

https://postimg.org/image/qzyd0vsft/

To top it off, they added a €500 fee for me to take my money out which they never charged before. My replies to them stating what they confirmed to me in writing before and providing proof are being totally ignored. When I asked why they are taking €500 of my money... totally ignored.

https://postimg.org/image/u6jwld145/

https://postimg.org/image/98xmklyvd/

So basically Mistertango just lured me in, confirmed to me a lot of things in writing which they totally ignored later on, let me get comfy and make a big deposit, then told me to f*** off and stole €500 from me. The only answer I get from them is ''Take your money out by tomorrow or we will take more of your money''. Extortion mafia-style. They just don't give a s***.

***USE AT YOUR OWN RISK***