Today as I observed a drop in the value of steem I purchased 500 steems from a p2p exchange named instashift.io but the thing is that now I'm unable to withdraw funds from its wallet! They have disabled all withdrawals and deposits for steem coin. When I contacted the support through telegram as well as their in-site chat, they informed me about a delay of almost 5 to 6 days for everything to come back to normal. They told me about the instability in the blockchain and also the suspension this coin is facing on binance.
A couple of months back when I tried to purchase steem through Wazirx, a prominent exchange in India, I faced a similar issue of not being able to withdraw the coin. I've had a hard time understanding why our coin is facing such issues in exchanges regularly. We as customers have to end up suffering from huge loses due to flip games which are mandatory to sell the coin!
For now, I'm thinking about selling the coin for fiat and look for an alternative way to buy the coin. If some of you are willing to sell at least 500 steems at the current market price(Would be helpful if you are from India!), let me know. I can pay you through any gateway that you decide.(Paypal, Google Pay, Paytm and Bank Transfer)
Hope I can get coins from within our platform!