SCAM ALERT!: CoinSwitch and IDEX ETH-DRGN
I am usualy pretty careful but this time I trusted the wrong people with a large amount of ETH.
I wanted to buy some DRGN (DragonChain) so I went to coinswitch.co and asked for a quote to buy some DRGN. I entered 1 ETH and started a transfer. I entered in my DRGN address and got back 2111.3219 DRGN. I went into my wallet to look at the exchange rate and low and behold I was missing a value of at least $100, I was like "I got ripped off!"
Coinswitch was no help. They pretty much said I got what I got. So I head on over to one of my 2 favorite exchanges KuCoin.com. I transfered 1 ETH and Bought DRGN. The Exchange told me EXACTLY what I was exchanging and it was indeed a LOT better. I got 4474.5488 DRGN with a current exchange rate at the time of this posting $185.26 USD.
So my warning to the community, DO NOT TRUST A MAN IN THE MIDDLE EXCHANGE!
The two exchanges that I use are BITREX and KUCOIN. I abandoned COINBASE just the other day and took my holdings and ran after Coinbase put a hold on my ETH for 7 days!
Feel free to comment on this post. But it is shame on COINSWITCH AND IDEX. I would love to hear about the reader's experences with COINSWITCH IDEX BITREX and KUCOIN.
Be well!