Why are crypto exchanges not truthful?

[The Cryptovator]

You should learn nothing is free in the world. Exchanges just use tricks to attract traders. At first look you will think it's free when you enter inside you will realize nothing free. There are a lot of conditions that should be read before your actions. Just try to read their terms to avoid such greedy offers. You did a good thing by sharing with forum users. Others won't fall into this trap BTW.

[YOSHIE]

Some crypto exchanges are so annoying, they lied to new users just to make them sign up on their websites, what is there gains luring people with this trick that ruins their trust?

I frequently see and receive emails from several crypto exchanges operating in my area, as I quote below.

Get Bitcoin cashback worth a total of tens of dollars by only buying Bitcoin worth $100 (including 0-0.51% tax) and keep it for 7 (seven) days during the promo period.

Let's have fun together by testing your creativity! Can get a total prize of $ 70 USDT, for 10 winners.

Those are just two examples, there are hundreds of reward methods from exchanges that come and notification via advertisement or email to me, it's just that I ignore all of them, none of which I respond to.

I just think, as long as the exchange is legal and has a responsibility to its users and does not harm me, of course the gift is not a real burden for me, my goal is not a reward for registering on that crypto exchange, trading and investment main purpose, a second question prize.

[posi]

It's just a little trick in the form of marketing, you don't have to get mad just because you didn't get that free money. Nothing in this world is completely free, I believe that if you open exchange or start a business, you will also find a way to attract your customers. In this case I wouldn't blame them because it's a business, but if you're not greedy and do a little more research before signing up, I think nothing will happen. If you are into the stock market or the forex market, you will see these exaggerated advertisements often and I have not heard anyone say that they are lying if you understand the rules.

[wiss19]

Do you really think someone will gave you 1.5k dollars after a deposit just like that? I even saw 10, 20 and 50 dollar offer but still, I didn't bother checking them since I know that it was only a trap to make you sign up on their platform and if you will look at their terms and service page, that's the time you will know the real condition of the bonus and what you will need to fulfil before you can get them for real.

Up until now, these marketing tactics are still there and those platforms weren't even punished for doing this because we still see them operating. The only thing that we can do for now is to avoid using them and use only an honest exchange site.

[Rikafip]

Up until now, these marketing tactics are still there and those platforms weren't even punished for doing this because we still see them operating.

Punished for what exactly? This type of marketing is used all across the world for all type of businesses but its up to people to read the fine print instead jumping on the offer and then complaining later. Rule of thumb: when something is too good to be true, there is some fishy going on.

[NotATether]

THere
Aint
NO
Such
Work
AS
Honest
Exchanges
Rewarding
E-Money

There, I made an acronym so you'll never forget that exchanges never hand out free money without srings attached. Besides, how can you forget that when "Thanos was here"? 

[goinmerry]

Up until now, these marketing tactics are still there and those platforms weren't even punished for doing this because we still see them operating. The only thing that we can do for now is to avoid using them and use only an honest exchange site.

Technically, those exchanges are honest. It's just that marketing-wise, a catchy phrase is necessary. Besides, all details about the welcome bonus or promotions are supposed to be on the terms. It's just that some users easily believed what they saw on the promotions without bothering to look at the terms.

Common sense, please. Can't believe there are people expecting exchanges will give free money, especially a considerable good amount?

[Darker45]

Up until now, these marketing tactics are still there and those platforms weren't even punished for doing this because we still see them operating. The only thing that we can do for now is to avoid using them and use only an honest exchange site.

Technically, those exchanges are honest. It's just that marketing-wise, a catchy phrase is necessary. Besides, all details about the welcome bonus or promotions are supposed to be on the terms. It's just that some users easily believed what they saw on the promotions without bothering to look at the terms.

Common sense, please. Can't believe there are people expecting exchanges will give free money, especially a considerable good amount?

They're half truths, so they're also half lies. But they're not total lies and so they're apparently allowed to do it.

Yeah, common sense, please. Are we born yesterday? Are we not familiar with half lies in ads and other marketing strategies? Have we not encountered the use of superlative adjectives in promoting brands of goods and services? Words like best, most, highest, biggest, fastest, largest, and so on are very common among ads.

Why should we even be surprised? Bybit, Bitgert, Crypto.com are not charity organizations. They're businesses.