Bitcoin Forum

Hello,

I just wanted to issue a warning on a possible scam. That being WCX / https://wcex.co

1. They don't list their team but say they are from Apple & Wall Street. They're not releasing the names because of security reasons. Sure..

2. Their platform looks identical to Trading View's engine. (Trading view has supposedly issued a copyright warning.)

3. There are a ton of newbie accounts posting positive info about the project.

4. They were offered a substantial amount of funds during pre-sale from a group of investors. But they wouldn't reveal their identities, so they didn't invest.

5. Malwarebytes blocks there website.

6. Their domain uses private registration.

I welcome feedback from others who have stature here..

Good warning.

wcex.co is owned by  https://whaleclub.co

I agree with you. Don't invest!

And your proof is? Yes they share a similar template..

I was having the impression that whaleclub.co are one of the good trading sites??

I'm wrong here and why? Why it's bad that they own the wcex.co?

Yeah I figured it was a scam when I first heard about it. They advertised that they where giving away "$10 worth of WCX tokens" to anyone who gave them an email.

probably a scam, I won't invest

thank you

Thanks for the information that you have shared.
I realize there are many accounts were registered and a promise given 10 $ for all registered accounts.
There may be more than 3 thousand accounts have been established :
3000 x 10 = 30000 USD (This is 1 example )
But the number of registered accounts can have far more (more 3000). They took the money invested from? and why they donate $ 10 for  registered account? What are their profits?

i signed up but i have a suspicious feeling about them from the start.  don't even trust opening any links on emails they send me just in case. Got the free sign up bonus anyways, i won't invest anything in them but will keep a close eye on them to see.

Wow, I never thought WCX will be tagged as scam. Though to be honest, their referral amount was too lucrative but then the general consensus were that they are for real. I wonder now all the registered email address gets sold to some third party company. I guess that's what gonna happy if these people have scammed the crowd.

Such a pity.

Thanks for this timely post.

I hope it will help other people not lose their money. It is very important to make a good research of the ICO before you make the investment. Make sure to check the team and read the whitepaper, before you make your decision.

With 1 billion coins out there.

Only noobs join that ICO.

As the saying goes "if it is too good to be true, it is"

For me it's the same problem.

I have a friend who have 3500 WCEX for translation and other stuff... and nothing now.

Without any explications. The mail was not recognize anymore and he translated with...

Don t invest anything on that. The name with the mail address is not recognize either

Do you think you discovered hot water with your post?  99% of the ico-s are scam and only idiots invest in them.  Rest of us just collect free tokens, if they ever reach exchange - great!  If not whatever they were FREE :)

thank you for warning. I saw their project few weeks ago and noticed the referral bounty.
If there is referral reward i will not invest in that project. Its a very big scam alert for me.
Anyway you spotted more issues for a probably scam project.

I'm assuming he means the template they are currently using is the one owned by whaleclub.co. So they are copying/stealing whaleclub.co's template. Not that the domain name is owned by whaleclub.co.

Best regards,
Brian

You listed all signs of scam so I have no doubt it's true

Coin will send after ICO date! Altcoin may be risk, you inverts as you like! But i agree with you about no see any info from Deverloper

I am not saying if it is a scam or not (I genuinely do not know), however just because a company gives $10 worth of their tokens for registering your email does not make it a scam. Email addresses, as long as they are real, are very valuable. Also, the token does not cost anything to the company. The value is arbitrary as it is not listed on any exchanges currently. Therefore, it could be worth more than $10 or less (most likely).

I have been suspicious about them too, it's far too usual to not reveal any identify of the team members. Free coins are fine, but I will not invest my personal money into it. Such a pity, I had hoped for them to be real.

Very nice information, thanks to the creator of this thread! :)

Good thing I saw this. A friend of mine joined this and gave his email address and that's about it. He might be getting lots of spam but hopefully that would only be it. No other bad things.

Well, the best thing is that we should not invest to avoiding the risks, each week WCX always send the information about the mailbox with the invitation to join the investment very attractive. But we don't have much information about the founders and development. :-[

Yes continue to get those emails with lower minimums. It seems are trying to get all the cash they can..

Thanks for this thread, you make some very valid points. I'm sure someone from their team reads this forum, so it would be great to hear their side of this story, if they even have enough arguments to defend themselves.

Signed up for their free tokens and have only had one or two emails from them since so nothing lost. It's a big shame if it does turn out to be a scam, makes it difficult to know which projects to trust and support

So right now what is the conclusion for this WCX exchange? I am so curious to know whether they are scam or not as it seems that they did attract a lot of users going to their website.

So, what's the news now? The ANN topic is locked too.

They finaly released the Exchange and its open for registration.

And all the tokens you got for referrals and such now have to be migrated to a different token AND you only get them if you hand over your full identity to them.    SMH

They dont give nothing, i waiting for months and now they say my account doesnt exist.
Big scam, run away. :o

Fuck em.

They gave me some free coins, then took away my free coins and said I must convert them to new coins, and must give them my ID in order to convert the coins to new coins.

Pieces of shit.

They censor their announcement pages so noone can respond or see the replies.

So many pieces of shit in this world.

For me the bad signs were that they are collecting funds for many many months now, it is like an open ico since months, secondly they had a referral program where anyone who signups free will get free tokens and for everyone they refer both the referer and the referral will also get free coins, thirdly the team and people behind this exchange are hidden, all these signs are not good for a real project so i will suggest to be careful.

this coin is really scam, i have an account on wcex.co,but now when i go to wcex.co its redirecting to wcex.com and im unable to login,then i i tried to retrive my account password via email, its shows user not found, i spend so much time inviting people year 2017, but i got nothing.

Yes, moreover, all the work done for bounty, paid in WCX, was converted in WCXT and… should now be converted to XT.
Except that, strangely, you have to fill their KYC (for a bounty/airdrop, what a joke!). And you know what? ooohhh, they don't validate any KYC and WCXT to XT conversion is over in 5 days :D
Try to ask something about this on twitter or discord -> BAN.

Big scammers, big shitasses.

The analysis of the OP has just made it clear that there is every tendency for it to be scam. Thanks for the fast prompt. Most times, developers that come up to run ICO, without revealing their identities end up being scam. Some also use fake identities.

well well
token sale still ongoing right now,
i just think how they still get investors
behind it, telegram group still still crowded.