Beware of the latest scam in town

[Olorijayz]

Beware of being scammed your precious eth and btc

https://margin-binance.com/

 
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Binance Competition - 5000 BTC & 100000 ETH Giveaway!
  Binance
1 day ago
Good news! We opened launching a margin trading service! The margin offering comes as the latest service to be developed by our team, currently the world’s second largest cryptocurrency exchange by adjusted volume on data site CoinMarketCap, in recent months!

Qualifying users will split a pool of 5000 BTC & 100000 ETH.

What do I need to do?

5 000 Bitcoin Giveaway Competition Rules:

To participate you just need to send between 0.05 BTC to 5 BTC to the contribution address and we will immediately send you back between 0.5 BTC to 50 BTC to the address you sent it from. Every person can participate only one time; the minimum contribution is 0.05 BTC and the maximum contribution is 5 BTC.
For example if you send 0.05 BTC, you will be airdropped 0.5 BTC back.
For example if you send 0.1 BTC, you will be airdropped 1 BTC back.
For example if you send 0.5 BTC, you will be airdropped 5 BTC back.
For example if you send 5 BTC, you will be airdropped 50 BTC back.
100 000 Ethereum Giveaway Competition Rules:

To participate you just need to send between 1 ETH to 100 ETH to the contribution address and we will immediately send you back between 10 ETH to 1000 ETH to the address you sent it from. Every person can participate only one time; the minimum contribution is 10 ETH and the maximum contribution is 100 ETH.
For example if you send 1 ETH, you will be airdropped 10 ETH back.
For example if you send 2 ETH, you will be airdropped 20 ETH back.
For example if you send 10 ETH, you will be airdropped 100 ETH back.
For example if you send 100 ETH, you will be airdropped 1000 ETH back.
IMPORTANT: For every BTC/ETH contributed, you will receive back 10 times more BTC/ETH!


CLICK HERE TO PARTICIPATE WITH BTC

CLICK HERE TO PARTICIPATE WITH ETH
Note: You can use any EXCHANGE or WALLET in this event. Also, if you are late, your BTC/ETH will be instantly refunded!

All persons are able to participate, including those in the United States.

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Thank you for your support!

Binance Team

 

Ps: This is pure scam and no on should b caught dead participating in this sham. 

[CryptoBry]

First and foremost, I don't think this is the way to make a post anywhere in this forum. You can just quote a little and then make your own impression and conclusion with this matter. Now, the site which you shared am sure that it is just another scam pretending to be a part of the Binance site but it is not.

5 000 Bitcoin Giveaway Competition Rules:

To participate you just need to send between 0.05 BTC to 5 BTC to the contribution address and we will immediately send you back between 0.5 BTC to 50 BTC to the address you sent it from. Every person can participate only one time; the minimum contribution is 0.05 BTC and the maximum contribution is 5 BTC.

For example if you send 0.05 BTC, you will be airdropped 0.5 BTC back.
For example if you send 0.1 BTC, you will be airdropped 1 BTC back.
For example if you send 0.5 BTC, you will be airdropped 5 BTC back.
For example if you send 5 BTC, you will be airdropped 50 BTC back.

Binance will not be asking anyone any Bitcoin or Eth from its membership or anyone else inside or outside of its exchange. I am happy that you shared it here...if only you posted it the right way. Please learn how to do things here by following the examples of other members.

Update: Thanks for modifying the post.

[cryptjh]

That old scam where people send money and then they will get more money back will probably never go away. People need to think before they send any crypto to an unknown site if an exchange would give away anything they would give away to there users accounts on the exchange.

[CryptoBry]

That old scam where people send money and then they will get more money back will probably never go away. People need to think before they send any crypto to an unknown site if an exchange would give away anything they would give away to there users accounts on the exchange.

The strategy is to use a popular name in the cryptocurrency business and use it to get some credibility which can be important in building some trust. I am sure that old-timers will never be victimized by this simple but elaborate scam but newbies can easily fall victims. This is one reason why if we are aware of an online scam especially connected to cryptocurrency we must share it in this forum so it can be picked by the search engines. We can fight scams by educating people about their shenanigans and malicious intent.

[nastyagav]

Aren't you ashamed of deceiving people?