Anyone invested in Crypto using this ?? For the past few days, they are showing every symptoms of turning into a scam app with holding all the withdrawals but still accepting Buying & Selling Cryptos…
I have some amount there & my brother too but now I think it’s all gone…When BTC gone up 2 days ago, they put the app on the maintenance mode & not allowed people to login & now they are holding the withdrawals & not giving any ETA about when it will be resumed…Investors are abusing & asking them on their twitter account (https://twitter.com/CoinSwitc...er) about the withdrawals but they are sending everyone the same generic reply that it will be enabled soon…It was one of the most reputed app for trading in cryptos & after reading & watching a lot of reviews, people invested in there but looks like all the crypto apps/sites will exit scam sooner or later…
If you have invested in CoinSwitch, DO NOT deposit there anything again until they resume the withdrawals but I think they are gone already with millions of profit…
All of them break when volume of transactions exceed capacity.. They might be having trouble with getting things under control, also when the system gets over loaded everything slows to a crawl and mistakes might happen so it is only for safety that they prevent things like withdrawls since there might be nistakes made..
alienteck wrote:Last night I sold two coins in profit but they gave me INR lower than the invested amounts in them...Many people are complaining about the same too on their twitter channel...They say that they don't have any hidden charges but we always get less amounts than the displayed amount after selling a coin... When the market goes up, they put the app in the maintenance mode & not allowing to login/trade & now they have disabled the withdrawals without any ETA...
All of them break when volume of transactions exceed capacity.. They might be having trouble with getting things under control, also when the system gets over loaded everything slows to a crawl and mistakes might happen so it is only for safety that they prevent things like withdrawls since there might be nistakes made..
i got 125/- worth bitcoin from cred.. now value is 365/- 
TEMPER wrote:i got 125/- worth bitcoin from cred.. now value is 365/-
Yeah I had like 3500 something in Bitcoin in the app & it became like 5500+ within just a few hours but the money is now stuck until they allow to withdraw…
CRED gives me 6-12 rupees CB mostly…Last night paid SBI bill of 2.5k using CRED, not even single rupee CB provided… : (
Sushrut.B wrote:Yeah I had like 3500 something in Bitcoin in the app & it became like 5500+ within just a few hours but the money is now stuck until they allow to withdraw…
CRED gives me 6-12 rupees CB mostly…Last night paid SBI bill of 2.5k using CRED, not even single rupee CB provided… : (
they allows once value decreased 
Sushrut.B wrote:Last night I sold two coins in profit but they gave me INR lower than the invested amounts in them…Many people are complaining about the same too on their twitter channel…They say that they don’t have any hidden charges but we always get less amounts than the displayed amount after selling a coin…
When the market goes up, they put the app in the maintenance mode & not allowing to login/trade & now they have disabled the withdrawals without any ETA…
Yes I noticed that too.. They show you the best prices. But dont take slippage and charges into account. This is always a problem with services where you dont set limit prices.
Also they show INR but trades are actually done in US$.. So you lose there too..
This is all why you deal with a real exchange where you can control trades as well as currencies etc..
I would not worry about getting your money.. This happens even with the biggest of them. The main problem is the manipulating whales who sell rs 0.01 worth of coins and zillion times to fool others. It over whelms the systems and even crash them.. The stock markets work far better because they dont have this.. You either sell 1 share or buy 1 share.. none of the 1/1000th of a share sold 10000 times to sell 1 share..
I don’t think it is turning into scam…many problem occuring so they stopped INR withdraw…like 2 days ago they were giving 150 for referral instead of 50…so they also stopped referral now…don’t worry…according to me your money is safe….Btw I invested in BTC but changed to ether last night…now it is pumping up 
…
A2Zdeals wrote:Re OP
Ombudsman me complaint kar de
thaari ghani sune hai RBI
ke pata hdfc ki tariya tera khata nipta dewe yahan bhi
Re bawri puchh thara bhai hu naa main ?? Aisa nhi bolte…Bass ek hi baar suna hain RBI ne mara complaint…Baar baar complaint karne pe ke pata saare banks se mujhe hi naa unlink kar de…Trading karni hain manne… 
@admin my withdrawal is in Pending since tomorrow I raised ticket but It closed . They Took My Money But No Reply From There Twitter, FB, Teligram Be aware from This Platform
Coin Switch Is A big Scam 
OP, What is the latest update?
ramadesidime wrote:OP, What is the latest update?
Lots of complaints on their twitter channel here : https://twitter.com/CoinSwitchKuber/status/1353...
Some withdrawals are pending…
I am not investing anything here now…Already in huge loss there & had withdrawn the amount which I had in INR wallet…
The below has been shared on their channel by one of their customers & this thing I also noticed in the app…I’m copy-pasting below…
_____________
“Whenever i invest a good amount in any VC its price never goes up and as soon as i sell it, price again started increasing. Please make me believe that coinKuber doesn’t have any control on this. And can you please elaborate how coinSwitch Kuber makes money?”
_________________
Another comment by another customer :
____________________________
“I don’t to how there soo much gap. 8% gap when the buying price is same.. this is what something they have done after update.Because they also know they will lose every user.This is my last trade on this app. Now I will suggest everyone please download @ WazirXIndia”…
The above customer also shared this ss on twitter which clearly explains from where the app is scamming us…
"
Sushrut.B wrote:Lots of complaints on their twitter channel here : https://twitter.com/CoinSwitchKuber/status/1353...
Some withdrawals are pending…
I am not investing anything here now…Already in huge loss there & had withdrawn the amount which I had in INR wallet…
The below has been shared on their channel by one of their customers & this thing I also noticed in the app…I’m copy-pasting below…
_____________“Whenever i invest a good amount in any VC its price never goes up and as soon as i sell it, price again started increasing. Please make me believe that coinKuber doesn’t have any control on this. And can you please elaborate how coinSwitch Kuber makes money?”
_________________Another comment by another customer :
____________________________“I don’t to how there soo much gap. 8% gap when the buying price is same.. this is what something they have done after update.Because they also know they will lose every user.This is my last trade on this app. Now I will suggest everyone please download @ WazirXIndia”…
The above customer also shared this ss on twitter which clearly explains from where the app is scamming us…
Then it is a clear case of scam/fraud.
ramadesidime wrote:Then it is a clear case of scam/fraud.
I just took ss from my own account…
When I purchased some BTC, the Avg Buy Price was 24.8L & current BTC value is 25.10L…I’m still in loss lol…
Its a pure scam.
did you got your money back?
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