HitBTC Is Having Karma Issues, part 2

Karma Project
KarmaRed
Published in
2 min readMay 21, 2019

Dear friends,

We’ve got a lot of requests from our community members about their issues with KRM withdrawals from the HitBTC exchange, so we have to investigate the situation. The only thing users can see after transferring tokens from the trading balance to the main balance and confirming the withdrawal is a red crosses (see the screenshot below).

HitBTC customer service answers looks interesting:

So, it looks like HitBTC has blocked the KRM withdrawal without any prior notification and don't want to provide any adequate feedback.

Also interesting, that not it is not possible even to deposit any tokens at all.

It's interesting, that a year ago, in May 2018 EU-based law firm have issued a letter before action to notify HitBTC about their fraudulent activities regarding the contract with Karma (see our blog post and hundreds of media reposts).

We would like to notify everybody that the best way to store your crypto is a blockchain, not an exchange. Please, take care.

Cheers
ˆ_ˆ

UPDATE (14.Jul.2019)

HitBTC team has removed the issue and now KRM withdrawals are working. Thanks to their team for the responsiveness 🌟

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