With Bitcoin price increasing over the years and reaching billions of dollars in market capitalization. This brings out both the good and bad in human nature. Unfortunately, with the bad come scammers. The bottom line is scammers also want to profit somehow from Bitcoin, but through nefarious means. This typically involves targeting unprepared victims, who end up losing their BTC as a result. Often on social media you’ll see a link saying something like “Buy bitcoin for 5% under market value. Save big!” This is a marketing trick to get you to visit and use their fake exchange
Below show reviews of people who got scammed from famous bitcoin exchanges. According to researches the 3 most major problems that people face while investing in bitcoins are:
1) Slow processing, low daily limit, not responding, hidden fees, pending of processing for days and months or Not receiving the amount of bitcoin you expected and while buying/selling of bitcoin fees are deducted from the BTC amount.
2) Buying bitcoin with a credit card can be a bit trickier and more expensive than local bank transfers, These details are then taken by a third party/inside job for theft. Therefore, many credit card companies blocked the use of credit cards to purchase cryptocurrency due to the limited mainstream acceptance and the elevated risks of fraud, loss, and volatility inherent in the cryptocurrency market.
3) Not able to withdrawal your funds in USD or EURO due to system problems these payments would be in pending or never received or accounts get freezed.
Press the link below to see cases in which credit card details were given and the story of those people such as unauthorized transaction, slow processing, missing funds, hidden fees, pending of processing for days and months or never received.
https://99bitcoins.com/review-coinmama-legit-reddit-users-…/
http://bittrust.org/coinmama
https://forum.bitcoin.com/…/lost-transaction-from-simplex-v…
https://steemit.com/…/@crypto…/xapo-why-you-should-stay-away
http://bittrust.org/xapo/2
However, at dhicoins customers do not face these problems.
1) Apart from the buying amount other exchanges can’t tell you and you wouldn’t know how much your bank is going to charge for the bitcoin purchase in advance. But at dhicoins our rates are final, transparent and You will be charged only the amount you specify during your order in our calculator. All fees are included in that amount, that’s why we have created a calculator that will tell you the exact amount of BTC | Bitcoins you will receive. Also we offer a higher daily buy limit of 3000$ worth Bitcoin and Altcoin.
2) We carry out our services by bank transfers and we do not take any visa card details of the customers while buying bitcoin and we do not request customers’ phone number while signing up in our website. This is considered to be the safest way to buy bitcoin in today’s time Our service has become known as the fastest and most trusted and reliable bitcoin exchange in Maldives since 2017.
3) You can sell your bitcoin at Dhicoins at any time. We only take 10 minutes to process the transaction once your bitcoin transaction has received 1 confirmation. your payment would be send to your BML account that you provided during your signup at dhicoins you are requested to send the BTC at high fee for faster transferring.
There is a significant difference in bitcoin rate in your bitcoin wallet and the market exchange rate. And Xe currency app.some time the exchange in Xe might be lower than that of market exchange and vice versa. Therefore bitcoin rate always fluctuates.
* Clients of dhicoins can directly buy Bitcoin or other cryptos with MVR via their bank account transfer, almost instantly. Bitcoin rates are usually at a higher price with hidden fees in many exchange sites, but at Dhicoins the exchange rate is always set at a cheaper rate.
* No fees on deposits.
* No credit-debit card details required (no fear for unauthorised transaction, credit or debit card details hacked-leaked, other bank fees).
* No hidden fees while buy sell deposit withdrawal.
* No waiting for confirmation-verification-crypto withdrawals.
* Crypto withdrawals are processed within 10 mins.
* Almost instant account verification within 10 mins.
* Higher daily buy and sell limit than other International Exchanges.
* Final amount is more transparent than other International Exchanges.
* Super fast support via Facebook.
* Cheaper than other online International Exchanges.
Running smoothly since 2017. The service has become known as the fastest and most trusted and reliable bitcoin and alt coin exchange in Maldives.