Bitcoin Forum

www.vaulta-wallet.com

Is this a real wallet/platform or a scam?

They are asking you to pay a fee upfront in ETH approx $20k to send your BTC out to another wallet outside their platform.

Any help or experience with them would be very much appreciated.  Thanks

It's not a wallet but a exchanges, similar as scammy freewallet.

$20K only for a fees? What a joke, it must be a scam attempt. Literally you can pay few dollars to proceed your transaction to send your BTC to another wallet. I don't know how can you visit this sites, this is the first time I saw this exchanges.

The $20k requirement implies that this wallet prevents users from withdrawing their own funds. So what can be done next if the funds are sent to the wallet? just fly around there. Even if a legitimate exchange had these requirements, I wouldn't bother visiting their registration page.

No need for further investigation, it's obviously a scam.

I never heard about that wallet. I do not use an unknown wallet instead using the wallet that many people recommend. We do not know much about them so it is better to use the other wallet.

$20k for free is ridiculous because even Binance will not use that high fee to withdraw the funds. I suggest you stay away from that wallet and use Binance to send your funds.

Freewallet is not reputable on this forum due to valid reasons but it should not be compared to a real fake exchange that has a sole purpose to scam and nothing more. The exchange provided by the OP above seem not even having a domain. It is perfectly a fake exchange. Or is it having a domain? I could find it.

Mate, this is an obvious scam attempt. They're asking you to send $20k in ETH for what? A crazy exchange if that's what they're asking. I can even trade on binance with just $10 and with the little withdrawal fees.
It's a scam attempt and for your first post, it's not really a good thing that you'll be going for that. This thread makes it as a warning for everyone who might encounter that website.

In addition to the obvious. The exchange is a brand new platform, according to whois information is registered on:

It was just created recently, and they only registered it for a year. I also looked around on search engines, the only way the domain show other than on some review site is your only post.