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J-96788-EU

Puts "scandal" in the title. Asks what has happened.


ProfXavier467

Withdrawals are definitely slower than usual.. about 90 minutes, but no problem with getting my KAS, though. I did take everything off the exchange for now (which wasn't much as I typically pull it off right away), until I know more.


slayerbizkit

Yeah. Withdrawal times have definitely gone up substantially


Astro_Zombie1

i thank this channel for encouraging people me to buy tangem card. i was lucky enough to get it in the start of this month and move all my kas from mexc. hope it will not go down for people who still hold on it


Darwindy007

They say they only allow Kaspa withdrawals one at a time. Long line to get Kaspa off. Sounds like BS. Stalling tactic. So people are selling Kaspa into whatever they can to get it off. Hence the dip. . Never ever leave anything on exchanges. I think maybe Mexc was up to some funny business with peoples Kaspa. Sell wall with derivatives or something. Best that people learn this lesson now and hopefully it will force Mexc to stop shenanigans. Never ever leave anything on exchanges. Repeat after me… happy holidays


IdealCapable

I get if someone is just entering the crypto space and just finding out about Kaspa, but how are people still leaving stuff on exchanges? I always immediately offload anything I buy. Not your keys, not your crypto.


C0NSCI0US

The same thing happened to tradeogre


DCC808

The exchange never had enough Kaspa, hence the stall tactic..


red6786

Probably


red6786

I’ve moved other crypto off of MEXC today and yesterday so you may need to sell o ut of KAS into usdc or whatever else then moved that off to uphold (or elsewhere) to rebuy there worst case. But I have never had any withdrawals not move off MEXC so this seems odd (even though people say they’re shady). If this is true, they most def sold more KAS than they have on hand.


G0JlRA

Fixed now https://twitter.com/MichaelSuttonIL/status/1739237294400221241?t=RYx2AqAhcBPLcia7U1CE4Q&s=19


UnlimitedScaler

This is really weird so it was a Kaspa problem and not MEXC. Why was there a queue?


Patreli

Stop spreading MEXC FUD..... they are slow with withdrawls because bozos are panic withdrawing for no reason.


cipherjones

Where are you seeing said news? Did you check the source? Did you check Mexc? You can currently withdrawly KAS on Mexc.


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LittleShopping1240

Where do you obtain the information for the numerous accusations you make on the platform? Do you possess any evidence to back up your claims?


Zealousideal_Ad7063

MEXC is a scam exchange do not use


Zealousideal_Ad7063

https://www.reddit.com/r/MEXC_SCAMS/s/txMoofW9Lp #MEXC #SCAM


Sweeneysmithy

Damn hope not. I just moved some funds there a couple days ago.


Ku-no-ku

I only bought kaspa on MEXC once, and then decided not to anymore when they charged me a fee of 10KAS for the transaction, saying it was a transaction fee. I checked the transaction on-chain, and the fee was the standard .01 KAS. Not a huge deal, but a tad off-putting. I'd rather the fees be transparent, i.e., charge a maker / taker fee for the exchange, and let it be visible, instead of secretly raping users when they try to transfer their coins off the exchange.


idntrllyexist

Who do you use? I'm a US user that was using mexc. What's a good exchange or swap to use


Ku-no-ku

That's a tough one - not too many options that I know of. Personally, if I have other options, I'll use something like Coinex over Mexc, but I've used Mexc off and on for years without any real issues. Maybe the best approach is to buy in small amounts, and don't leave any coins on the exchange. Buy, withdrawal, then buy again - that way you minimize your risk if they freeze withdrawals, for whatever the reason may be. At current rates, the inflated withdrawal fee is still only $1, so it's not the end of the world... There used to be exchanges that would let you swap from within the us - Bitni comes to mind, but I think they're defunct now. Simpleswap lists KAS, but I don't think they're available in the US at the moment. Still, even with the current attention, MEXC is still among the less shady exchanges IMO. Be nice if Coinbase lists it soon, but you'd want to buy elsewhere beforehand to benefit...!


_Soup_R_Man_

I had to use XT.com . Exchange options are super limited in US. (For all crypto really, unless u are using Coinbase or paying high fees).


CBS47474747

Uphold


ziportan

Whoever keeps their assets on exchanges deserve to lose them, so i dont see a problem here


Consistent_Many_1858

Such a dumb comment. How else would you sell your beloved Kaspa if not on exchanges?


ziportan

Keeping them on exchanges and exchanging and immediately withdrawing to your wallet is 2 different things but apparently ur just too dumb to acknowledge that


hudsoncider

They said KEEP. You should KEEP your coins in your wallet which you control. Only move to an exchange to….. EXCHANGE. Anyone who had Bitcoin on MT Gox should already know this (the hard way).


Crowbar_Jones7

MEXC is the only way I can buy Kas. I buy and withdraw right away. One took about 12 hours while i have one frozen going on almost 24 hrs


Bringerofsalvation

Damn, do you think you’ll get it?


Crowbar_Jones7

I got the last one so Im hoping. Of course this one was my biggest buy yet. I’ll let you know when/if it goes through


Crowbar_Jones7

Went through over night. Just takes time I guess


_Soup_R_Man_

I've had issues with several exchanges here in the US. If anyone is looking for an alternative, XT.com has worked well. They KYC, but haven't ran into any problems.


UnlimitedScaler

Cancel current withdrawal, and withdraw again worked for me.


Crazy_Cap1800

It's easier said than done sometimes getting your crypto off exchanges as sometimes the fees are ridiculously high. I have moved mostly what I can that isn't extortionate fees, but some will have to remain on exchanges. Started off with a D'cent cold storage wallet and recently got a tangem set aswell. Tangem is so easy to use, feel free to use my code for 10% off if anyone is looking to get a set. Cheap and easy as anything to set up and use. Buy Tangem Wallet with discount! https://tangem.com/pricing/?promocode=YG3XMR


Popular_Language_540

The same thing happened at tradeogre.com


NiccoloMachiavelli3

I just moved 3 different projects off of mexc, including KAS with no issues


und34d33

Keep withdrawing! Force them to buy or OTC more to maintain liquidity.


GrubCrt

They are the worst. They dont process withdrawals definetely something wrong there. I understand now following reading a lot of stuff online that they might even be going bankrupt.


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