BTCB2 Price Volatility Sparks Warning About High-Risk Exchange
The minority forked blockchain BTCB2 has been trading at an illiquid and volatile market price, with some listings reaching up to $100 per coin. However, many experts point out that this is not a reliable valuation due to the exchange's thin books and wide spreads.
Some users have reported issues with Neoxa Exchange, where BTCB2 was listed, with one Reddit user claiming to have lost money on the platform. The website bitcoinbip110.org has published a public service announcement warning users to exercise caution when dealing with Neoxa Exchange, citing its 'high-risk' designation.
A screenshot from a Knots Discord server shows an associate of Neoxa Exchange saying that they may delist BTCB2 due to the backlash. The exchange's representative denied the claims and invited the user who allegedly lost money to open a support ticket.