Tradesatoshi (Scam or Legit)

Psycho Timmy
Nov 7 · 3 min read
Delisted Coins/Token Issue

Tradesatoshi Bad or Good / Scam or Legit
I read some of the article made by some coin community that stating Tradesatoshi is a scam exchange, but still I saw more coins and token want to list their project to this exchange “Tradesatoshi

I also notice that those coin community attacking Tradesatoshi was also previously listed on the exchange but got delisted for some issues.

So I search for specification regarding what are those issue that may lead to your coin to be delisted at Tradesatoshi, and I found this on Tradesatoshi News Page: https://tradesatoshi.com/news

Announcement regarding Tradesatoshi Delisting Policy

📄 CAUSE OF DELISTING OF COINS (TRADESATOSHI)

Tradesatoshi may decide to remove a coin, token or market from Tradesatoshi Exchange, Tradesatoshi reserve the right to remove any coin, token or market from its Exchange for any reason and without prior notice.

Some of the factors that Tradesatoshi take into consideration for removing coin, token or market are:

👉🏼Regulatory and compliance issues.
👉🏼Adoption.
👉🏼Blockchain or wallet problem that can put at risk Tradesatoshi functionality.
👉🏼Coin, token has been abandoned by the dev team and or community.
👉🏼No trading volume, no deposits or withdrawals.
👉🏼No communication from the coin, token team.
👉🏼Unplanned fork.
👉🏼Double spending or other types of attack.
👉🏼Failing to communicate a mandatory wallet upgrade.
👉🏼Violation of Tradesatoshi’s terms and conditions.
👉🏼Complains by users.

Delisting Process is also mentioned on Tradesatoshi Delisting Policy and Tradesatoshi Terms and Condition that can be read before the user agreed to create their account and Tradesatoshi stated that those coins attacking them violates one of those factors.

Tradesatoshi Delisting Policy:
https://tradesatoshi.com/News/369/Tradesatoshi-Delisting-Policy

Tradesatoshi Terms and Condition:
https://tradesatoshi.com/Home/Terms

Example is this coin:
https://tradesatoshi.com/News/377/SAFEX-Delisting

This coin has been delisted due to some issue mentioned on the previous link given, but they still insist it and starting to throw false rumor upon Tradesatoshi to destroy the good image of the exchange, just to get even.

They even creating dummy accounts to spread fake news on social media’s and forums esp Bitcointalk https://bitcointalk.org/
https://tradesatoshi.com/News/375/Fake-Tradesatoshi-Telegram-Group-And-Scammers

But still, at the end of the day, more people are still on Tradesatoshi side and foresaw this propaganda they’ve set up.

These are the list of people gave their thoughts regarding Tradesatoshi issues.

Diego Chua Jr.
https://medium.com/@shinriujin101/tradesatoshi-scam-users-via-kyc-ab5b22b839be

Tonyo Gaming
https://medium.com/@StarLordCrypto1/tradesatoshi-cryptocurrency-exchange-2cf046b77abe

Emperador_Light
https://www.reddit.com/r/Tradesatoshi/comments/dsbgpj/tradesatoshi_is_scam/

So I encourage all Traders to be transparent and investigate both side first before reacting on the issue.

For finalization on this story, I say that TRADESATOSHI is a Good Cryptocurrency Exchange that provides good services.

Sooo Good! Sooo Legit!

By: Timmy

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