URL :
http://instaforexchange.com/ Here is what the website claims basically and anyone with a brain will know that this is a scam :
Get 1 Bitcoin for free
You can only have this offer if you use paypal to pay us.
Cost of 1 Bitcoin is = 300 USD
We will give you 1 Bitcoin to your account for free.
What you will need ?
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1. A paypal account ( No need of verified Paypal, You can use your unverified Paypal also )
2. 350 USD paypal balance
3. You have to send us 350 USD via Paypal to our Paypal account as payment for goods and service.
4. about 5 working days for the funds to be processed to BTC
5. We will refund the funds on 6 th working day to your Paypal account ( total 350 USD ) and send you Bitcoin on 6 th working day.
Guarantee
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paypal provides you the dispute facility. You can dispute your funds if you do not get Bitcoin on the 6 th working day.
Do not worry, we are not cheat, we will deliver your Bitcoin on 6 th working day. Sometimes it may be sooner.
if you are interested to start, please reply to the chat ( bottom right ).
I just wanted to give a heads up since I saw some members here advertising it and who knows people could fall on this . Don't even visit the website they will probably use some Social engineering and you will find your self sending them the funds .
For the last part they claim (you can open dispute etc ... ) It is true you can open the dispute but if they transfered the funds to another account you can't do anything about it , their accounts will be simply negative .