Bitcoin Forum

Binance announced that it will give 50,000 WINs to 2400 people among those with a total transaction volume of 5,000,000 WIN (including trading) in its WIN campaign between 18-25 December.

Recently, the lottery on the binance youtube page was held live.
If you look carefully at the winners, you will see that almost all of them have fake email addresses.

In addition, 2400 people did not make a total trading and reached a transaction volume of 5,000,000 WIN. Many of my friends have exceeded the total trading volume but are not on the winning list. Where did they find 2400 people, even though there were no 2400 people reaching the total transaction volume?

Video of the draw

https://www.youtube.com/watch?v=qkBx53QK66c (https://www.youtube.com/watch?v=qkBx53QK66c)


Look carefully at email addresses :) (52.seconds)

in forex brokers that kind of thing is usually done, Forex brokers usually hold contests to attract traders, they usually manipulate the winner, the contestants will usually find it difficult to win because it has been planned a fake winner, but not all brokers do that, to be honest i don't know if binance also uses fake winners, because I haven't researched it, that's why I don't really like trading contests, because most companies plan fake winners, it is a classic strategy to attract traders.

It is so easy to manipulate a trading contest because everything is controlled by the contest sponsor or the people behind it. Of course, they can announce winners which are actually made-up or not existing but given that Binance has a reputation to protect this is quite a big surprise -- if it is true at all. Maybe we can ask Binance to clarify these things so we can catch the fish out of its mouth. In case Binance or maybe some people in Binance charge of this contest has resorted into this trick now how much more those which have lower reputation?

I'm lost here, how did you figure out most of those are fake addresses?
That aside, it was pretty lame how they did that, one of the winners is the empty ID field

https://i.imgur.com/Xmk3ruP.png

I also began to doubt how plausible this scheme is. Are Binance deceiving us?

Guys, maybe you are not aware of the fake youtube channels that are having a live stream and says they will give away coins or tokens? always verify it first with their main website not with a strange youtube channel that's copying and using Binance name.

Just like this on the link - {Warning}: Another Fake CZ Binance AMA Bitcoin Giveaway (http://)

   There are many fake giveaways, you are right about that. Scammers will do anything to attract more people, they mask
themselves and if you don't pay close attention you can't notice anything.
   CT is a mess sometimes, I can't make a difference between valid and fake giveaway in most cases. I tried many times to
follow the rules and I never got anything, it's why I don't try anymore!

following all thier rules and still didnt got anything is highly possible that its a scam but this does not mean that you shouldnt try anymore . you can still try again but only for the legit giveaway this time.  

so many fake giveaways circulating nowadays , we should not get attracted easily . make sure to investigate first if they are trully legit  but for me i can easily detect a scam giveaway from legit  . idk about you guys , so always keep safe .

Since this kind of fraud or scamming has been exposed I stopped watching Live giveaway on Youtube, there are so many Live giveaways on going and they all have a huge subscribers and one looked you will think that it's a real give away from big crypto company like Binance.

you right about that but all we need to know is check the link of the youtube that hold giveaway because you need to know if those account is a fake/real youtube account that the exchange has
the main thing for me is that the exchange never ask their user to deposit into 1 address and received their x3 deposit instant

I don't know but this link looks like the official binance channel so how this could be fake.
So could this mean that there's an inside job nor binance did really fooling traders?

Point taken. 🤔

Just like op he became gullible about that giveaway and others should also be informed that there are copy cats that are making themselves look like legit as Binance.  Don't be gullible and don't become a victim with these fake giveaways.

No one will give free unless they donate it to you and with these exchanges giveaways, it's best to always consult their official social media and pages so that you won't be fooled by these scammers.

just because you don't win you shout out that the airdrop is fraud?
i think you need more proof about that because after i saw the video and all the entries already have more than 5M trade volume

That's why it's always  good and helpful for us to verify those contest or anything especially interms of dealing with money and giveaway since the are so many scammers who conduct a fake giveaways and ask for the funds of the in the place form.

But some joiners are lazy not to check the authenticity of these giveaways. It's easy and fast if you're just going to search for proofs and legitimacy of these airdrops or any campaign from any exchange or known websites.

Search it on the Beginners and Help section and you will see scam giveaways like this or you can search it on YouTube. It's not really Binance that's giving the giveaway but it's the fraud people to make everyone believe it's Binance's.

but those giveaway is not from the official binance so you can say it that "Binance" is fraud it's just the youtube channel don't have a relation into binance

i'm also wondering how he found out these emails are fake. but believing no one in the right mind will create an email that starts with 7x*** or ?y***  most of the users will use gmail. so its surprising no one owns a gmail who won 50K WIN. however  the comments in the video says that is a scam youtube channel, this might not be the real binance youtube channel.

Yes, that's what I'm trying to say. It's not really from Binance which I said.

I think you misunderstood what I have said. By the way, I think OP is now aware that it's not an official announcement from Binance because it's a scam.

do you really think that the email is 7x***? binance needs to hide the full email for users safety.
so let's take an example like you join binance contest but your full email will be shown into the youtube video then i think many people will try to send you a phishing email

no but they must show 7x****@gmail and NOT  7x***@***.com  i don't think anyone will send a phishing email to someone whos email is 7x***@gmail.com.

it still safe to show 7x***@gmail.com or something like ?7***@yandex.com so i don't know why they would have to do that. its non of my concern how they analyse it but this binance youtube channel is most likely a fake anyway.