Why are withdrawals from Bitger failing (Bitger platform is a trap)
Why are withdrawals from Bitger failing? Editor\’s note: This article is from Bit
Why are withdrawals from Bitger failing? Editor’s note: This article is from Bitger (ID: bitconist), author: Xiaomao, authorized reproduction by Odaily Star Daily.
At around 1:50 am on June 3rd, Beijing time, Bitger’s official announcement was released: “Due to withdrawal issues, the platform is unable to withdraw coins.” This news was forwarded and spread to the community and friends circle by community members. Subsequently, users responded by saying “the funds in my phone are safe.” This news has attracted user attention.
According to reports, “after receiving the deposit, I found that my account appeared abnormal.” This statement drew attention from some media outlets in the industry. “This situation is already very serious.” Why are withdrawals from Bitger failing? This is because the withdrawal page shows “my bitcoins have been stolen” instead of being withdrawn through any exchange. In addition, some netizens believe that in this situation, the balance in the wallet may incur losses due to errors. Some people also expressed that they withdrew their assets from the exchange to avoid losing them. Therefore, some people are worried that this situation may have a bigger impact.
However, not all users participating in the trade are the same – most people want to know if they have returned the funds to the exchange or other third parties. For example, similar issues exist for BTC, ETH, USDT, etc. on Bitfinex. For some people using Bitfinex, there may be two main reasons:
1. The platform itself does not have any product that supports withdrawals, so losses occur when users start to deposit assets. 2. “My coins are still in circulation,” these investors say that they do not want to sell or exchange them for fiat currency, but they did not sell them. Instead, they chose to pay fees in other ways. Some exchanges even only allow customers to deposit a digital currency to arbitrage and wait for another buyer to propose the amount and time of repayment. 3. Insufficient services provided by some OTC merchants. 4. The platform itself does not have many products that can serve as OTC counters. 5. “I am a market maker, please do not directly buy your coins. If you are not a miner, I suggest you not to try trading for now.” A person named Wu Jihan told CoinDesk, “I have many friends in China who have been asking me to help with their business,” he asked, “Should I find an agent for you first?” He said,” If I contact the company, I will reply to you as soon as possible. Another point is that I will not provide you with any margin or loan services.” Wu Jihan added, “I think you can continue like this.”
Bitger platform is a trap
Recently, there have been many “fake coins”, “big V” and group owners on the Bitger platform. These people, posing as contract trading robots, induce users to register and engage in various operations such as bringing in new users through fictitious project introductions. Some even publish advertisements and promote on the official website to attract investors. Some criminals also take the opportunity to speculate in futures and lure victims to make withdrawals…
Currently, a investment website called BTM (BitMax) has been found recruiting personnel to join their team. It is reported that BTM is a digital currency financial product based on blockchain technology, including Bitcoin Cash mining, Bitcoin Cash rebates, and BTC option trading. (Wu said blockchain)
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