Bitradez - Suspicious trading platform that promises Porsches and Lambos!

[Rikafip]

What happened:  Bitradez is a new trading platform in development, that aims to be global cryptocurrency leader, but besides some promises, half working website and many red flags, it doesn't offer anything else. Other than chance to loose money.

Flag Type 1  https://bitcointalk.org/index.php?action=trust;flag=1952

Ann:  https://bitcointalk.org/index.php?topic=5249525.0
Archive:  https://archive.fo/icCi6

Website:  https://bitradez.com/
Archive:  https://web.archive.org/web/20200531063641/https://bitradez.com/about-us/

Domain name: bitradez.com
Registry Domain ID: 2508692484_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 0001-01-01T00:00:00.00Z
Creation Date: 2020-03-29T15:50:40.00Z
Registrar Registration Expiration Date: 2025-03-29T15:50:40.00Z

First let's start with their currently ongoing IEO, that they plan to last for 12 months, with huge difference in token price. Current price is 1 XIZ= 0.1 USD while in the last sale round price will be 1.2 USD. Who in the right mind will join the later stages when those in the first round bought the tokens for 90%+  discount?
According to their IEO page, they sold 1,681,500 XIZ (worth 168,150 USD) but somehow I doubt that number.


In order to attract traders, they will have VIP program. Problem with that program is that it sounds to good to be true, and we all know what happens in those cases.




VIP program is not the only way they plan to incentivize users. For them they prepared various rewards, ranging from Ipads and Imac Pro to Porsche 911 and an actual Lamborghini. I don't know how can someone actually believe this, that they will send luxury cars all around the world to their users.




Last but not the least, this is what they say about their team, yet their names and  are nowhere to be found

Bitradez was founded by the world’s leading senior blockchain experts and computer engineers. Bitradez team is present worldwide, working in a decentralized manner. Present anytime, anywhere in the world.

tl;dr

• big token dicounts for early stages (90%+)
• ridiculous rewards that include Lambo and Porsche
• huge referral awards (up to 40%)
• no team identity

Therefore, stay away from this as it is dodgy af.

[stompix]

VIP program is not the only way they plan to incentivize users. For them they prepared various rewards, ranging from Ipads and Imac Pro to Porsche 911 and an actual Lamborghini. I don't know how can someone actually believe this, that they will send luxury cars all around the world to their users.

Lols,  so it's:

Ipad Pro MacBook Pro iMAC Pro Hublot (watch) Toyota Vios Mercedes C200 Mercedes E200 Porsche Panamera Porsche 911Lamborghini Huracan

Cheapstakes, they should have offered an Aventador for the top price. Besides, that 991 is out of production but probably the news didn't reach their basement of operation.  Oh, and the team is probably from Vietnam, FB page has only 7 post likes, all Vietnamese, and Toyota Vios is only sold under that name in South Asia.
I assume that one of the profiles that liked that page is also the main man behind it, but it's a waste of time checking them for such a stupid scam.

[Rikafip]

Lols,  so it's:

Ipad Pro MacBook Pro iMAC Pro Hublot (watch) Toyota Vios Mercedes C200 Mercedes E200 Porsche Panamera Porsche 911Lamborghini Huracan

Haha yeah, list is quite interesting. That Toyota somehow sticks out, among those Mercedes, Porches and Lambos. Since those are made for Asia market, no wonder I have never heard about that model, and as you said it might reveal from where this Bitradez "team" is.

Lols,  so it's:
Cheapstakes, they should have offered an Aventador for the top price. Besides, that 991 is out of production but probably the news didn't reach their basement of operation.  Oh,

They are probably keeping Aventador for further levels, you need some room to grow. Regarding Porches, maybe they are already stocked up on those, ready to deliver to everyone that meets the requirement.

On a more serious note, this has to be one of the  stupidest scam  attempts I have seen lately, and competition in that regard is tough.