Bitcoin Forum

There has been nultiple new arbitrage groups in telegram which are adding people without their consent and showing them differences in prices between Binance and Bituary like it is $6640 per BTC in binance where as showing $7408 per BTC in Bituary which can attract people to fall for it if they don't do research on it before making any trade. I was added in one group first which I reported as scam and left but soon after I was added to another group and then the third one. I have reported all of them after doing some research but who am I to call it a scam exchange!!! So what do you think? Scam or not?? Write your experience to let others know about it :)

People needs to be smart this days, if you are greedy you will easily get caught in the trap, most people are just simply stupid thinking they are wise, attractive offers means Scam incoming

Some investors are not informed and new to this that's why they are very vulnerable with this kind of scam. They are gullible once they've been told numbers, profits and percentages without realizing the risk until they get caught empty handed.

Telegram is a place that's being used as hideout by many scammers. Don't trade or buy to a very unknown exchange. Arbitrage contains great risk but you have to understand that it wouldn't work that much anymore these days.

Cant be search in google - ❌
Doesnt even list out on CMC - ❌
Too good to be true btc price - ❌

100% scam - ✅

Good thing that you've reported those fools.

its scam exchange and OP know that it is scam you can check that two post he make here.

First one oqexchange https://bitcointalk.org/index.php?topic=5235862.msg54105878#msg54105878


Second is here https://bitcointalk.org/index.php?topic=5235865.msg54105921#msg54105921

Both have the same exact text.

I just wondering, OP made two thread with same accusation and the thread is almost same each other.

Where do find both of exchange? Have you try them? I've tried to find more against both exchange but I didn't get anything.

If you are receiving messages like these on telegram then its probably 100% scam, no legit exchange will promote in that way.First you need to change security settings on your telegram apps like who can message you from everyone to contacts so scammers cannot message you from random groups.

Thanks for this info . I was also receiving random message and also being added on random groups but thats because I didn't know that these settings exist on the telegram app   . Promoting these way is not right but we can't claim either that they are 100% scam , most of them maybe  . They are only risking thier reputation on this false kind of advertisment . Maybe they don't have a proper budget to conduct a fine/legal way of promoting .

@op you can still report them even if your only a regular/normal individual as long as you have a solid evidence  that they are really a scam  . Just follow the proper format on scam accusation section of this forum .

100% scam,,, this stupid group keeps inviting me automatically on Telegram (I do not use Telegram anymore but I open it occassionally to send myself files on my computer) and I can see it doing the same thing. I report it but it keeps coming back.

Google it yourself. Scam. You deposit money and it never lets you withdraw.

I have left this exchange telegram group...
I do not want to fall into their trap, the difference in the price of Bitcoin in Binance and Bituary really makes no sense, greedy people will surely be tempted by this high price difference, still be careful friend.