[APIS coin] BIT-Z, The ‘Two-Face’

in #bitz6 years ago (edited)

Hello, this is Aidan.

As many of you holders might know, APIS is a Masternode coin and Masternode mediation platform, which makes a smooth deposit/withdrawal condition a critical element for its utility.

But Bit-Z, a first exchange to list APIS, is not even making announcement about when to make APIS withdrawal available.

So about a week ago, on the date of June 25th, I inquired Bit-Z asking for an information about APIS withdrawal time and got an answer from them after couple of days.

1B31169E-28CA-45B3-8A81-33DE3FC4D670.jpeg
(I managed to have them answer to my question after nagging for 2 good days.)

As you can see, an official administrator assured me in an official telegram group, that APIS withdrawal would be available after 15 days. (on June 27th)

But I got following PM from Bit-Z admin today, out of nowhere.

79DDB849-03C8-4D38-952F-A52245D5D826.png
(The admin saying APIS withdrawal was scheduled for two weeks later but it was merely an opinion, not an official announcement - just covering up as if it was his/her own, simple blunder.)

Stunned by this, I enquired if such situation would make any sense, uploading the image above on Bit-Z official channel but even till now, they are repeating the same answer of ‘No specific date’ deleting the image consistently.

Though Bit-Z was patently responsible for previous issue of trading suspension,

(reference ; ENG:https://steemit.com/bit-z/@byeongyuseob/caution-be-careful-to-use-bit-z-www-bit-z-com

KOR: https://steemit.com/bitz/@alsdnr888/bit-z-erc-20-2018-5-28)

They are deliberately covering it up without any compensation, blocking the withdrawal of APIS when opening withdrawal of other coins had been listed earlier than APIS.

Bit-Z is freezing individual’s asset just as they please and shutting down investors’ demand with prescriptive attitude, which should not be allowed in Blockchain society.

I think these consist cop-out, ignoring investors, irresponsible response are not a matter to be tolerated.

Blockchain and cryptocurrency are ideologies arisen as opposing forces which wield influence to financial capitalism as they like. I can not sit back and watch this brutality of an exchange, which should be placed on the frontline of the ideology.

I argue, that Bit-Z should state their position and come up with a reasonable measure. If they attempt to survive in this market, they should be transparent, just as the vast ‘Blockchain’ they are treating.

Aidan

If you have any inquiries, please contact ;

Telegram @B_B_O_Romanov

If you seek for articles about APIS, please visit ;

https://t.me/APISFANCHAN

Thank you.