Beware of CoinSwitch Exchange where I lost 0.028 BTC worth ₹173000

I want to let fellow Bitcoin users to know about the lesson I learnt to lose 0.028 BTC worth ₹1,73,000 on CoinSwitch.

I deposited 0.028 BTC from a private wallet cum faucet Free Bitcoin to my CoinSwitch account.

The next day I realised I will not get that hard earned BTC back. CoinSwitch stated I am not able to show the transaction summary screenshot from the wallet. Unfortunately, the private wallet I am using doesn’t have such details to take a screenshot.

It was hard for a few days to accept the fact I lost the BTC because of a silly mistake. Lost sleep the day I lost my BTC.

Read the full story here with screenshots of my transaction & CoinSwitch’s response - https://www.genuineonlinefreejobs.com/coinswitch-review-india/

I wonder if their rule is to show the transaction summary, even make sense. Crypto is so complex and each wallet has different features on what information the wallet users can access. CoinSwitch clearly might be using these terms to put Indian Crypto users in trouble. I don’t even know if the BTC is held in Blockchain or CoinSwitch took my BTC. Also, there are chances 1000s of Indian Crypto users will be affected due to this.

I hope this will help other CoinSwitch users who are affected like me and raise awareness for new users before they deposit their Crypto on CoinSwitch.