Bitcoin Forum

Should I trust MultiCoinAds? I'm already trying it out to see for myself whether it's a scam or not. It supports Ether, Bitcoin, Bitcoin Cash, and Litecoin. I read in AirdropAlert that I should consult with others, so here I am.

Also, I didn't know where to place this question, so I decided to place it here. Please tell me to move it if this is not the appropriate section.

Whats that? First time hearing about it.
You mean multi coin wallet? Its not much secure if yes.
Maybe im not in the loop or its just a very specific thing.

The domain is brand new. Barely 4 days old so it's hard to tell if it's scam or not
https://www.whois.com/whois/multicoinads.com

They also claim that they already have 1790 users as of today on a domain which is just 4 days olds  ::)
That's suspicious if you would ask me.
https://talkimg.com/images/2023/05/14/blobbdc1a267f31e6263.png

I'm not sure if this is an honest question or just a ploy to try to increase the traffic of a new site which hasn't yet proven itself worthy. I mean, a site offering ads spaces should have one thing: popularity or high volume of traffic. MultiCoinAds doesn't have it. Well, what do you expect from a days-old site?

Why ask, in the first place? If you are planning to put up ads there, the price is dirt cheap. The most expensive is as cheap as 30 Sats per 60 seconds. If you are planning to earn by way of ads clicking or faucet, the minimum withdrawal is also very low, with BTC at 0.00025BTC.^[1] So, there's really not much to risk from your end and nothing very interesting in this site.

[1] https://www.multicoinads.com/page/faq

All ptc sites are trash. Period.

the website is actually 1 day old because they claim they have launched on 22-08-2020 and the number is up to 2,428 Users already :D
but i don't think it is that hard to get users for a shitty website that says "earn bitcoin" in it though. there are lots of newbies looking for a way to earn bitcoin who go to these sites.
the nature of it (ads) is flawed that all similar sites are either already Ponzi scheme or will turn into one sooner or later.

1. Not secured SSL http://www.multicoinads.com/

2. Only 2 days websites and claiming have 2,421 users registered [1]

3. The amount you can get is very little (only 3-6 satoshi each 10s-20s ads) it might be better if you find old-trusted faucet (e.g. freebitco.in)

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[1] https://www.multicoinads.com/page/news

LOL. There is an GIF at the bottom of their website that says "Get 1 BTC FOR 1 WEEK JOBS FOR ALL".
It's an advertisement from coincodex.live. I don't trust any platform that are advertising frauds. Coincodex looks like a real scam as it's welcome page says "Do you want to earn 0.055 BTC ($700+) EVERY DAY?" Don't trust it dude.



The website is secured on my browser. But I am still not trusting this site.
https://www.multicoinads.com/

Nothing bad in trying this website unless they ask you for payment or your wallet Private Key. It is a brand new website so there claim of having a lot of user is kind of fishy.

I do not recommend using these websites to earn tokens as the amount that you will earn will be peanuts as compare to the time you spend on them.

Reading through the faqs (https://www.multicoinads.com/page/faq), they are identical to those I’ve found on this steemit entry, dating back from 2018: https://steemit.com/bitverstio/@mominkhan/bitverst-io-payment-proof-btc-ltc-ethu-free-income-new-ptc-site-2018. This latter points to the faqs being from Bitverst, although I have not managed to find them there (perhaps you need to be registered).

Anyhow, starting with a copy/paste spirit does not point in any good direction, on top of all the other warning signs on this thread.

Almost all such sites in some way shoot themselves in the foot right at the start showing a fake number of registered users, but also setting a fairly high withdraw threshold for BTC which in this case is 25 000 satoshi. If we take into account that the maximum daily earnings for a user is around 200-300 satoshi, it is clear that most will give up long before they manage to make a withdrawal.

Another negative thing is that these are direct payments, and it would be much better to use some microwallet to avoid dust transactions. In my opinion if the owner has set too high withdraw threshold, and only offers direct payment there is a high probability that the site will fail before paying anything to any real user - proof of payments can very easily be made by the owner himself.

Those things don't have to only ask for payment or wallet keys to be scam; even the ones that deny your payout or outright ban you randomly are already good enough to be classified as scams.