Bitcoin Forum

One of the bounties asked to register with a newly launched exchange (30th June 2018) called "Bit-Castle" and they have mentioned at the beginning of the bounty that the bounty hunters need to submit KYC to redeem tokens. However the KYC submission should be done through the exchange and they only accept the passport. That bounty gives a higher payment for the hunters and I have a bit confusion regarding the procedure. I would like to know what do you think about this distribution procedure with respect the mentioned facts.

The link of the exchange is as follows : https://bit-castle.com

I think It is another scam because I searched about Bit-castle and didn't find exactly about them. So I suggest you to first carefully study about them and then go for exchange your cryptocurrency because there are already many scam sites and app already present in the market.

This happened to me and 2 friends when we used to exchange this site 3 days ago, We lost each around 50 token.

Never heard of it.

Do not use this exchange until such time as it appears any information otherwise you can lose all your crypto currency. Now there is not even minimal information about this exchange.

It's another scam i never heard about this

spammer spammer spammer spammerv spammer.

I think this is a spam

I think you played wrong bounty

I've come across this site. The impression the negative. I sent them scans of my documents for KYC verification. Then I had to calculate the earned tokens WorldPeaceCoin. It's been over a month. So far, they have no answer, no coins.

I think it's real. And plans she has, this become another giant. But whether such an outcome will happen is not yet clear.

Their facebook page has only 6 likes while their twitter account got 42 followers.

I'm not going to gamble with such exchange that doesn't have so much traders and its hard to trust your funds with this type of exchange. I'm not sure if they are legit and plans to be a giant but it's just hard and IMO, better to stay with well known exchanges.

Really? The website doesn't have good looking and even one of hyperlink is linked to another website (check company hyperlink in bottom of the website).
There is no information about owner or their team and place they work, only said 'singapore' in their faq. Better use another site that more reputable.

Perhaps the reason why the campaign asked bounty hunter to register on that exchange is because to get user on that trading platform. Fairly obvious its new so its a marketing strategy. However, I'm concern about KYC though, they are just fairly new exchange why are they asking for KYC right away.

If you are willing to submit and risk of exposure of your personal data then go for it to get your rewards. But I would be really suspicious though, don't want your passport leaked in case of a possible breach on that exchange so be careful. It might come back to bite you.

Trust this I would not, this is a new service, which is not yet known. It is better to avoid such little-known projects.

but I suggest not to give up the identity for a project that has incomplete information and fear that your identity will be used for bad things.

Well, to a certain extent fraud. But it is the market. Somewhere your assets are lost, settle, you just need to close your eyes. Without this, there will be no currency cycle.