Bimal group reply to TFX
Reasons of PCS Rejection announced in Trader's Room 09/05/23
1. The current global banking meltdown poses a significant risk to the stability of the financial system.
- What kind of risk to the stability of financial system? We are just asking TFXI to amend the methodology of their self proclaimed $10M a day without asking to add more.....
2. The banking capacity of LPs is a critical factor in the overall liquidity of the platform.
- Again, TFXI claim they withdraw $10M a day via CS. What banking capacity are they talking about?
3. The tightening of the banking system has resulted in withdrawal limits, making it challenging for funds to move both in and out of the platform.
- Again, TFXI claims they have moved in $10M a day. We're asking them to do the same. What more challenges the broker is facing?
4. The KYC process for banking transactions and purchasing USDT from the market presents challenges that are increasingly tight and may affect the supply of USDT.
- WE ARE NOT EVEN ASKING TFXI TO ADD MORE USDT. Just use the same $10M a day and change its methodology.
5. The technical challenges involved in implementing the PCS mechanism can affect the overall performance of the platform due to the coverage of millions of IDs on a daily basis.
- TFXI has such a sophisticated system for commission compensation structure, profit sharing, copy-trading accounts catered for MILLIONS of accounts. But asking for USDT distribution to PCS entitled accounts serves a challenge to the broker?
- We are much delighted to crowdfund to pay for a much more talented IT team to assist in the broker's technical difficulties. Will the broker accept that?
All reasons are pure BS.
"I'm paying you $10M a day but I can't prove that because I have banking issues to pay you $10M a day"
Are they really telling us their reasons of PCS rejection, or they are actually telling us the reasons of their fake Daily CS?
No FUD is created here. Just to spit some logic on top of an illogical announcement made.
- Kang D'C
Quite the surprise seeing Mr Bimal still taking the challenge of 'fixing' TFXI's system. Met him last year and I have to admit, there's no reason for someone as bright as him to even pursue this cause any longer. He doesn't even need this ROI from TFXI to make his living (IYKYK). At this point it just seems like he's trying his best to help out his downline and those who are close to him.