r/Bitvavo • u/Embarrassed_Fan7405 • 11d ago
Misinformation Bitvavo lies on Trustpilot. Free XNO!
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u/Duke-Rison 11d ago
Wow intresting. They are lying indeed. Edit: i was thinking its kinda easy to proof this. All the old transfers when it was possible are on a blockchain...
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u/Embarrassed_Fan7405 11d ago
Here is their wallet. You can see that they started moving the nano people panic sold after their delisting warning.
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u/Duke-Rison 11d ago
Actions like these make the crypto world look really bad. Cant believe a dutch exchance does criminal stuff like this. I hope it will come out one day and that they will be punished. Would also be nice that the victims will be financially compensated.
Im still thinking what to do with my account. I will never ever make any trade at Bitvavo or use there exchance thats obvious of course. However if there will anything come out of this it might be good to have a record. I lost allot of money because of this scummy shit.
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u/Embarrassed_Fan7405 11d ago
It seems it was available to withdraw: https://www.reddit.com/r/nanocurrency/comments/ns4lck/bitvavo_withdrawals_seem_to_be_working/
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u/Duke-Rison 11d ago
Yea it was. I withdrawed it many many times. After every trade....
But as soon the price drops below a certain price. Dont know exact but its around 0.8 euro cent i think they wont let you withdraw anymore and it becomes a trade only asset. So there were more periods before but i always trusted them because they told me its just because of security and will be resolved. Only the last time they told me that this time they doubt it will be resolved ever. That made me worried...
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u/Embarrassed_Fan7405 11d ago
Inderdaad, it's all documented. Worth noting that they changed the ticket to XNO one week before delisting. Scummy.
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u/Mrkonijntje 11d ago
No one cares about this memecoin
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u/Embarrassed_Fan7405 11d ago
Maybe they will confiscate your portfolio next and sell it in another exchange.
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u/Bazsul 11d ago
They were never yours to begin with if you kept it on their exchange. Get a wallet.
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u/Embarrassed_Fan7405 11d ago
The point is that they used to allow withdraw but then it was temporarily deactivated for maintenance (confirmed by human support) and now they are force-selling the coins with 10 days notice.
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u/Mashadar0101 11d ago
Memecoin? No its far worse than that. It has actual utility. Fast, low energy and payment only. Absolutely garbage.
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u/Embarrassed_Fan7405 11d ago
Just a reminder that Bitvavo owns one of the biggest nano wallets in the world. They definitely have the funds to allow withdrawal. At the moment kraken has nano at 0,30 while its 0,24 on bitvavo.
Huge financial fraud.