So yesterday for some users the Wallet was showing as zero in BitBNS. I do not have the money in trading account, but I do have money in my BitBNS SIP account which I was investing for long. After seeing the chaos, I decided to check mine.
Though I have the amount in my wallet, I tried to cash out all the amount. The instant withdrawal is closed and they are only withdrawing the amount after 60 days. Now the problem is I have only around 400$ of assets there but 60 days is a lot of time. You don't know what will happen in those 60 days, but whatever it is I have scheduled for the withdrawal.
As the day passes by, more and more exchange are falling and thus the scam is happening. We are not sure, which exchange will fall next but on thing is sure to not keep the assets in the exchanges. I did not bought the ledger yet, but now it is evident that I have to buy or in the next scam everything will be wiped out.
On Hive, I do not have any problem because we know that it is decentralized and nothing will happen with outer money out here. But the small exchanges are not good as of now and the big exchanges can fall too. My worst nightmare is the same that all my assets will be wiped out, hopefully it should not be. But with some exchanges failling and making scam, it can be true too.
I have invested only $250 and I got a return of $150 to make my assets worth $400 and thus hopefully I will get the money in 60 days or otherwise it will be lost. So I am in the waiting mode for couple of months to fund out whether it is Scam or not.