Bitcoin Forum
June 18, 2018, 12:19:39 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: WCX Exchange Looks Like a Scam  (Read 5166 times)
BenjaminPeacock
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
August 21, 2017, 05:18:44 AM
 #1

eFrom the information I have seen about WCX Exchange, it looks like a scam. https://wcex.co/?lang=en There is a link to their whitepaper, however there is no whitepaper. Also, why does an exchange need a token/coin? I don't see Coinbase, or Kraken or other exchanges offering coins.

Do not be duped into thinking that there is a free lunch. They are not looking to help you, but only to line their own pockets. They say they have a team, who are they? How are they going to make their exchange better, what is the technology behind it? No answers.

Invest diligently, not looking to turn a buck, be careful, this looks, smells and feels like a scam. Further, their forum is self moderated and does not allow comments at this time...
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529281179
Hero Member
*
Offline Offline

Posts: 1529281179

View Profile Personal Message (Offline)

Ignore
1529281179
Reply with quote  #2

1529281179
Report to moderator
ImHash
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500

segwit=lower fees


View Profile
August 21, 2017, 06:42:06 AM
 #2

Of course exchanges need no token, all of the ones with a token are after pump and dumping their tokens on people, for example look at POSW at some point it's price was above 19K sat but now is under 1500 sat Cheesy and we all know that their site doesn't have any real income that's why there is no profitable dividends even if you are holding millions of tokens. I'd only invest on a token if the exchange behind it is already popular and generating some good amounts of profit.
AmoreJaz
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1011


name; name-sake; For GODS sake= it's my name!


View Profile
August 21, 2017, 06:52:32 AM
 #3

i have seen this time and time again.... if they have a real exchange site ready to open then obviously they dont need a ICO they would need people to come there and give them your money...?
if it looks like a scam
if it smells like a scam
if it feels like a scam
hurry to the bank and pull your life savings out to give to the scam site!

.ARBITAO..████
████
████
████
████
████
████
████
████
████
████
████
████
...ARBITAO - DECENTRALIZING ARBITRAGE.........
...T H E   N E W   W A Y   O F..........
...A R B I T R A G E   T R A D I N G...
████
████
████
████
████
████
████
████
████
████
████
████
████

▄██▄
▄█████▄
▄███████▄
▄█████████▄
███████████
▄███
███████████▄
▄████
████████████▄
▄███████████████████▄
▀██████████████████▀
▀███████
██████████▀
▀████
███████████
▀█
████████████▀
████
████
████
████
████
████
████
████
████
████
████
████
████
█████████████  ██▄
██             ████▄
██             ██ ▀██▄
██        ▄█▄  ████████
██       ▄███▄       
██      ▄█▀ ▀█▄      ██
██     ▄█▀▄██▀█▄     ██
██    ▄████▀  ▀█▄    ██
██   █████████████   ██
██   ▄▄▄▄▄▄▄▄▄▄▄▄▄   ██
██   ▄▄▄▄▄▄▄▄▄▄▄▄▄   ██
██                   ██
███████████████████████
❱❱❱ Download WHITEPAPER
FACEBOOK       TELEGRAM
────      TWITTER      ────
████
████
████
████
████
████
████
████
████
████
████
████
████
CaVO32
Full Member
***
Offline Offline

Activity: 364
Merit: 100



View Profile
August 21, 2017, 06:58:45 AM
 #4

i have seen this time and time again.... if they have a real exchange site ready to open then obviously they dont need a ICO they would need people to come there and give them your money...?
if it looks like a scam
if it smells like a scam
if it feels like a scam
hurry to the bank and pull your life savings out to give to the scam site!


you explain things very well! i love the way you are so strait to the point. but what i do see is a huge lack of common sense here on the forum,
most people here have none and with that said im sure many will take your sarcasm as a serious statement.that dose not mean to stop BTW  Grin

█≣≣≣MULTIVERSUM≣≣≣█▐4th GenerationRelational BlockchainPre-ICO-Starts on 01 March,2018 until 31 March 2018
        WHITE PAPER                  ANN THREAD                                        3rd part blockchain applications infrastructure
✔     Reddit     ✔     Medium     ✔     Facebook          Telegram     ✔     Twitter     ✔
gintrux
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 21, 2017, 08:05:12 PM
 #5

There is this older exchange which has 100% identical web design: http://whaleclub.co, wondering whether it really is a scam or are they related somehow. Contacted their support to ask.
mmfiore
Hero Member
*****
Offline Offline

Activity: 864
Merit: 502



View Profile
August 21, 2017, 08:54:47 PM
 #6

sure, same design for the website, look clearly strange. I have a friend who translate the thread, i see with him if i had a name for that scammer.



        ▄██▄            ▄██▄
       ██  ███████████ ██  ██
        ▀██▀            ▀███▌
       ▄                  ▐██
     ▄██▀   ▄▄▄▄▄▄▄        ▐██▄
    ▄██    ██▀ ▄▄▄▄         ▀▀
 ▄███▀     █ ▄█▀ ▄▄▄           ▄██▄
██  ██     █ █  █████  █ ▄    ██  ██
 ▀██▀            ▀▀▀ ▄██ █     ███▀
     ▄            ▄▄██▀ ▄█   ▄██▌
    ▀██▄          ▄▄▄▄▄█▀   ▄██
      ██▄                   ▀▀
       ▀███▄            ▄██▄
       ██  ██  ██████████  ██
        ▀██▀            ▀██▀


        ▄██▄            ▄██▄
       ██  ███████████ ██  ██
        ▀██▀            ▀███▌
       ▄                  ▐██
     ▄██▀   ▄▄▄▄▄▄▄        ▐██▄
    ▄██    ██▀ ▄▄▄▄         ▀▀
 ▄███▀     █ ▄█▀ ▄▄▄           ▄██▄
██  ██     █ █  █████  █ ▄    ██  ██
 ▀██▀            ▀▀▀ ▄██ █     ███▀
     ▄            ▄▄██▀ ▄█   ▄██▌
    ▀██▄          ▄▄▄▄▄█▀   ▄██
      ██▄                   ▀▀
       ▀███▄            ▄██▄
       ██  ██  ██████████  ██
        ▀██▀            ▀██▀
.
PRE-REGISTER NOW FOR
THE MAIN TOKENSALE


██
██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
   ██
   ██
.MONETIZE YOUR IOT DATA!.

Telegram
Twitter
▄▄███████████████████████████████████▄▄
██████████▀▀▀▀███████████▀▀▀▀██████████
█████████▌ ██          █▌ ██  █████████
██████████▄▄▄▄███████████▄▄  ▐█████████
█████████▀▀█████████████████  ▀████████
████████  ▄███▀ ▄▄▄▄█████████▌ ▀███████
██████▀  ▄██▀ ▄█▀ ▄▄██████████▄▄███████
███▀▀▀  ███▌ ▄█ ▄█▀▀▀███████████▀▀▀▀███
██▌ ██ ▐███▌ █▌ █ ▐█▌ █▌ █ ▐███  ██ ▐██
███▄▄▄▄███████████▄▄▄█▀ ▄█ ▐███▌  ▄▄███
███████▀▀██████████▄▄▄▄█▀ ▄███▀  ██████
███████▄  █████████▄▄▄▄▄▄████▀  ███████
████████▄  ▀█████████████████▄▄████████
██████████    ▀██████████▀▀▀▀██████████
██████████▌ ██ ▐█         ██ ▐█████████
███████████▄▄▄▄██████████▄▄▄▄██████████
▀▀███████████████████████████████████▀▀
lovingcoins
Member
**
Offline Offline

Activity: 68
Merit: 10


View Profile
August 21, 2017, 09:22:57 PM
 #7

why does an exchange need a token/coin? I don't see Coinbase, or Kraken or other exchanges offering coins.

Binance is an exchange an has a coin: https://coinmarketcap.com/exchanges/binance/

So is 0x: https://0xproject.com/

Since when Anonymous = scammer?, with this logic Satoshi was a scammer too, right?
tinyteapot
Sr. Member
****
Offline Offline

Activity: 502
Merit: 250


View Profile
August 22, 2017, 10:36:16 AM
 #8

I saw the announcement about wcx somewhere that they are doing some airdrop through the referral system, i am not sure about the link presently but i guess they shall end just like swisscoin and edinar.

I will advise that you approach them with caution.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-
WEBSITEE |█| WHITEPAPER












alyssa85
Legendary
*
Offline Offline

Activity: 1204
Merit: 1056


View Profile
August 22, 2017, 11:19:21 AM
 #9

They wrote a post on Steemit explaining what they were about:

https://steemit.com/wcx/@phusionphil/why-wcx

Looks like people who participate in the ICO will get 20% of the fees generated by the exchange.

gintrux
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 22, 2017, 12:02:23 PM
 #10

I contact whaleclub.co and asked whether they are related to WCX, because they are using the same webdesign, they said they are not. So that means this design is available for public to purchase (can't find, unlikely) or they copy-pasted the design somehow.
digaran
Hero Member
*****
Offline Offline

Activity: 826
Merit: 582

Internal investigator!


View Profile
August 22, 2017, 01:02:57 PM
 #11

They wrote a post on Steemit explaining what they were about:

https://steemit.com/wcx/@phusionphil/why-wcx

Looks like people who participate in the ICO will get 20% of the fees generated by the exchange.
And who guarantees that they'll have any income from the commissions? if token holders will only get 20% of the fees then who takes the rest and why? didn't they sell their whole shares as tokens to investors? I'm not accusing them of anything, I'm just saying there is no assurance about their future revenues that's all.

bc1q9puf22rh5fcjdpp7dmkknwmeu05qqmd0yevcan
gintrux
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
August 22, 2017, 01:11:03 PM
 #12

And they don't even tell how many tokens there will be, that's like buying shares in a company... and not knowing whether you own 5%, 10%, 60% or 0.0001% Cheesy I'm the fuck out of this, seemed like a good opportunity, but too many things don't add up causing too much risk.
alyssa85
Legendary
*
Offline Offline

Activity: 1204
Merit: 1056


View Profile
August 22, 2017, 01:43:21 PM
 #13

They wrote a post on Steemit explaining what they were about:

https://steemit.com/wcx/@phusionphil/why-wcx

Looks like people who participate in the ICO will get 20% of the fees generated by the exchange.
And who guarantees that they'll have any income from the commissions? if token holders will only get 20% of the fees then who takes the rest and why? didn't they sell their whole shares as tokens to investors? I'm not accusing them of anything, I'm just saying there is no assurance about their future revenues that's all.

No idea. My advice, don't put any money in yet, wait and see if they actually pay out and then buy the tokens if they do.

mmfiore
Hero Member
*****
Offline Offline

Activity: 864
Merit: 502



View Profile
August 22, 2017, 06:05:25 PM
 #14

My friend receive a mail : the signature : Pierre Legarnier  ( for the french translation )

That name don't exist anywhere on the web...

Yep strange... don t put any money before looking seriously good.



        ▄██▄            ▄██▄
       ██  ███████████ ██  ██
        ▀██▀            ▀███▌
       ▄                  ▐██
     ▄██▀   ▄▄▄▄▄▄▄        ▐██▄
    ▄██    ██▀ ▄▄▄▄         ▀▀
 ▄███▀     █ ▄█▀ ▄▄▄           ▄██▄
██  ██     █ █  █████  █ ▄    ██  ██
 ▀██▀            ▀▀▀ ▄██ █     ███▀
     ▄            ▄▄██▀ ▄█   ▄██▌
    ▀██▄          ▄▄▄▄▄█▀   ▄██
      ██▄                   ▀▀
       ▀███▄            ▄██▄
       ██  ██  ██████████  ██
        ▀██▀            ▀██▀


        ▄██▄            ▄██▄
       ██  ███████████ ██  ██
        ▀██▀            ▀███▌
       ▄                  ▐██
     ▄██▀   ▄▄▄▄▄▄▄        ▐██▄
    ▄██    ██▀ ▄▄▄▄         ▀▀
 ▄███▀     █ ▄█▀ ▄▄▄           ▄██▄
██  ██     █ █  █████  █ ▄    ██  ██
 ▀██▀            ▀▀▀ ▄██ █     ███▀
     ▄            ▄▄██▀ ▄█   ▄██▌
    ▀██▄          ▄▄▄▄▄█▀   ▄██
      ██▄                   ▀▀
       ▀███▄            ▄██▄
       ██  ██  ██████████  ██
        ▀██▀            ▀██▀
.
PRE-REGISTER NOW FOR
THE MAIN TOKENSALE


██
██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
   ██
   ██
.MONETIZE YOUR IOT DATA!.

Telegram
Twitter
▄▄███████████████████████████████████▄▄
██████████▀▀▀▀███████████▀▀▀▀██████████
█████████▌ ██          █▌ ██  █████████
██████████▄▄▄▄███████████▄▄  ▐█████████
█████████▀▀█████████████████  ▀████████
████████  ▄███▀ ▄▄▄▄█████████▌ ▀███████
██████▀  ▄██▀ ▄█▀ ▄▄██████████▄▄███████
███▀▀▀  ███▌ ▄█ ▄█▀▀▀███████████▀▀▀▀███
██▌ ██ ▐███▌ █▌ █ ▐█▌ █▌ █ ▐███  ██ ▐██
███▄▄▄▄███████████▄▄▄█▀ ▄█ ▐███▌  ▄▄███
███████▀▀██████████▄▄▄▄█▀ ▄███▀  ██████
███████▄  █████████▄▄▄▄▄▄████▀  ███████
████████▄  ▀█████████████████▄▄████████
██████████    ▀██████████▀▀▀▀██████████
██████████▌ ██ ▐█         ██ ▐█████████
███████████▄▄▄▄██████████▄▄▄▄██████████
▀▀███████████████████████████████████▀▀
Macht
Member
**
Offline Offline

Activity: 67
Merit: 10


View Profile
August 24, 2017, 09:09:50 PM
 #15

Absolutely agree, if this isn't a scam it's almost worse. It's clever though, I believe they have lured some ppl in with their limited pre-ICO. Only thing I don't understand is why they have a 25k minimum investment for the pre-ico. But the referral program seemed to have worked like a charm so far.
kld_hp
Full Member
***
Offline Offline

Activity: 264
Merit: 100


Decentralize $15-Trillion Global Trade Industry


View Profile
August 31, 2017, 07:17:45 AM
 #16

They do not even have a total supply of wcx

DutchFinity
Full Member
***
Offline Offline

Activity: 336
Merit: 100


BASIS NEURO - NEUROFUTURE FOR AL


View Profile WWW
September 12, 2017, 09:26:24 PM
 #17

I had the referral in my signature but removed it as I don't trust them either.

BASIS NEURO - CONTROL YOUR WORLD BY "THE POWER OF THOUGHT" | ICO Start on 15th April 2018
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
WHITEPAPERANN THREADTWITTERFACEBOOKTELEGRAMLINKEDINMEDIUM
kidsuzudn
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
September 13, 2017, 06:39:34 AM
 #18

I've heard about this WCX for a long time but if you make a total look, WCX project is just like an copied of the others projects. Referral you will receive 50 tokens bla bla bla, but look like they're earning traffic not running a real project.
pikalong
Jr. Member
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 14, 2017, 03:06:46 AM
 #19

It has fooled hundreds of thousands of people. I see it appears in many forums, facebook, telegram

KingCash Lending Presale-Visit https://kingcash.io
ColdZerk
Full Member
***
Offline Offline

Activity: 336
Merit: 100


Create Your Decentralized Life


View Profile
September 14, 2017, 08:15:52 AM
 #20

I've heard about this WCX for a long time but if you make a total look, WCX project is just like an copied of the others projects. Referral you will receive 50 tokens bla bla bla, but look like they're earning traffic not running a real project.
They already stopped referral campaign and even 50 WCX you can`t receive  Angry
Looks like a scam: FREE 50 WCX is just a promotion to worthless project.

Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!