Cloud Mining Platform Eobot started offering ZEC(ZCash) Cloud Mining three days ago. What a surprise for anyone who visited their internal crypto coins exchange platform to see a price of 250 USD for 1 ZEC recently while 1 ZEC is sold at around 2000 USD on Poloniex.
This price for one ZEC is valid this Monday this week and hasn’t changed since despite a huge upwards move in price for 1 ZEC yesterday on Poloniex and other exchanges.
And yes people who moved funds to the Eobot cryptocurrency exchange could buy Zcash for 250 USD with a 5% commission for the trade. But then came the surprise.
The withdrawal of ZCash is not working yet. Eobot today stated again that it will be available soon but do not give a time and a reason for the delay. They send people to their public audit site
Between XMR and FCT coin ZEC is listed with 68 ZEC in User Balances but 0 for all the other categories.
Further explanation is not given.
Is it a marketing trick to get people to the eobot exchange?
Is it a way to get liquidity first before providing their services for ZCash?
Will they use the funds to buy ZEC once it reaches below 250 USD value on the various exchanges like Poloniex and then open up the withdrawal while making a nice profit?
Or will traders be rewarded for taking the risk once the withdrawal works and the price for ZEC is still much higher on the other exchanges?
We will see.