Paxful and Bitcoin Cash

in #bitcoin7 years ago

Since August Paxful have been lying to its customer base concerning all the forked coins! PAXFUL has bagged millions of dollars of peoples monies with no remorse what so ever!
They stated that they will support BCH but once they got the coin they went silent. Last statement was 2nd of January 2018.
"We have retrieved the bitcoin cash from our cold storage of our users and have sold it already for bitcoin with ratio about 1/10.

We are now waiting until our wallet partner BitGo resolves an issue with access of bitcoin cash hot wallet on their side. There have been some delays from BitGo’s side on this issue for the past 2 weeks. Once we solve the issue of bitcoin cash in hot wallet we will distribute bitcoin to our users proportionally according to how much bitcoin they had in their wallet on 1st of August.

Regarding the fork of bitcoin gold we will do the same once we have completed the distribution of bitcoin from bitcoin cash. We have snapshots of user balances available so when some other forks like bitcoinx, united bitcoin or super bitcoin will get to some major exchange we can sell them there and distribute.

Regarding the option of crediting users with bitcoin cash is also a possibility, but since our multi-coin support will not be ready within a month, we have decided to credit users with proceeds of sold bitcoin cash for bitcoin instead. We estimate once BitGo fixes issue on their end it won’t take us more than a week to give bitcoins to users for their bitcoin cash.

We apologize for the delays and all our users who held bitcoin in their wallet on August the 1st in 2017 will be credited shortly."

as quoted all lies from Paxful team. good for nothing!

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For future viewers: price of bitcoin at the moment of posting is 8274.60USD