Crypto Exchange SCAM
This is a SCAM crypto exchange based on fake arbitrage opportunity. They lock your account on AML ground and ask you to deposit a higher amount than you are trying to withdraw e.g. 2000 USDT equivalent for 1600 USDT to supposedly cover the risks they are taking after allowing a couple of successful small withdrawals to gain your trust. Theri BTC, ETH and XRP spot pricing are constantly 10%-11% over market averages. Standard arbitrage between exchanges should quickly rectify these market anomalies but the gap sizes remain constant. The FoxQA exchange is not listed on the reputable Coinmarketcap.com site despite showing over $350M 24h trading amount for BTC alone on their rigged platform. The BTC 24h trading volume is stuck on 9427.00 BTC day in and day out. Their live charts do not match trades pricing. Personal trades history does not display the applied prices or fees. Their market scanning tool shows some other mainstream exchanges' real, lower live prices, further enticing to use arbitrage with their platform but they lock your account for it. Having already met KYC requirements with passport pic, selfie with date and website name in the shot had made no difference. Their support agent keeps repeating that the new deposit is for verification purposes only, and that it can be withdrawn anytime afterwards. No escalation process available when asked about it. Their HQ is in Gibraltar at the same street address as Natwest International's base. Another red flag.
Do not believe their social media propaganda with only positive comments left on each of them which are automatically posted by bots with very unlikely name tags. SCAM, REAL SCAM.
1 year ago
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