Be carefull Newbies! Fake Promo-code scams

[bitcoinermatt]

I have recently signed up on the trust(lol)coin exchange because someone here was saying there was a promocode for a few free satoshis, I redeemed the code and tried to withdraw, it said I had to play atleast one roulette game before i can, which is what I did, and it said I had to deposit 0.016 to prevent abuse from the promo code. This is obviously a Scam!

Be carefull Newbies! don't fall for this crap!

[Darker45]

There is no reason to chase hard after a few free Satoshis. If all it takes for you to sign up and play a game on an unknown site are a few Satoshis, the tendency is that you might fall again for a scam like this.

What if it says you just need to deposit 0.0005BTC instead of 0.016BTC in order to gain access to a promo code which provides you 0.001BTC? Would you have made a deposit?

Nowadays, especially in the crypto space, treat the word free as a warning.

[Maus0728]

Yup! This is an obvious scam attempt.
[1] [SCAM] trustcoin.exchange - Fake exchange

They even copy the webdesign of CEX exchange LOL

[raidarksword]

I have seen similar exchanges like that offers free credits of tokens or fiat but requires deposit from users in order to withdraw and basically it's a dubious scheme that is a scam for sure, no doubt about it. Not just on new exchange does this but also on airdrops, wherein its actually rampant schemes that users required to pay for these airdrops to claim those tokens that supposed to be free in the first place.  

[boyptc]

If it asks you money to deposit, get out of there quickly. There are certain promo codes with requirements and they are very vocal to say the minimum amount you had to deposit or use it trading in their platform.

But with that exchange, it looks like another uncommon exchange looking for its prey.

[meanwords]

Of course it's an obvious scam. The good thing here is that moderators are actively deleting this kind of things. Few days ago I saw a similar scheme pertaining to getting "free money" just by signing up and playing a few games.

In the first place, there's no free money here, especially when that type of content is promoted by a newbie account.

[AniviaBtc]

I have recently signed up on the trust(lol)coin exchange because someone here was saying there was a promocode for a few free satoshis, I redeemed the code and tried to withdraw, it said I had to play atleast one roulette game before i can, which is what I did, and it said I had to deposit 0.016 to prevent abuse from the promo code. This is obviously a Scam!

Be carefull Newbies! don't fall for this crap!

Obviously, that's a scam. There's no one who will ask a money for you and they say that they will give you free coins, that's very suspicious. There are a lot of options to earn money and that schemes will only give you losses so be careful about the scams that you are seeing in some platforms. We should be mindful about our assets and never trust easily on what we are seeing free coins, free giveaways, and etc., online. Don't root for an easy money, don't look for an easy money, it is much better to work on yourself and not rely on those fake schemes that scammers are using to lure people for a victim to deposit a certain amount of coin to their account. In order to fight those scams, bitcoin investors should be knowledgeable and aware about them so that there will be no more person that will become their victim next time.

[Assface16678]

Yup! This is an obvious scam attempt.
[1] [SCAM] trustcoin.exchange - Fake exchange

Maus0728 already give the thread, please drop the exchange you encounter with because we want to make more aware all the members right here about the platform you have encountered.

Today most of the scammers make a duplicate with the exchange but the domain is different you immediately notice that still why those people getting scam with this platform.

This is very old tactic and has been active for a while now to scam newbies. Usually, you will win every time you play roulette and they will try to make you greedy. By the way, please move this thread to Beginners and Help to get attention from newbies.

Beginners & help is the most appropriate on this thread because we want to spread awareness on the platform you have encountered.


The 0.016 is a large amount of value and just to redeem your funds you need to make a large investment/deposit it's something fishy about this. It's acceptable if you only deposit just $2 dollars to withdraw your funds.

[Yaunfitda]

I think this is the 3rd or 4th thread about this scam exchange. I don't know what's happening but it looks like there are people falling for this old but effective trick. Anyhow, just used our common sense, a honest and legit exchange won't ask you for deposit just to be able to withdraw.

[rodskee]

This scam artist will not stop doing the same thing over and over as they are seeing opportunities
with newcomers and greed people.
If it's something too good to be true then don't bother to waste your time participating, most of the
time your curiosity will let you fall with this scheme.
Good for you not to allow yourself being fooled by this promo something as it will only lead you in
losing your money. Keep your awareness always be your guard.

[ReiMomo]

I have recently signed up on the trust(lol)coin exchange because someone here was saying there was a promocode for a few free satoshis, I redeemed the code and tried to withdraw, it said I had to play atleast one roulette game before i can, which is what I did, and it said I had to deposit 0.016 to prevent abuse from the promo code. This is obviously a Scam!

Be carefull Newbies! don't fall for this crap!

Can you point out who is that spreading the scam code? That user must be get red tag if I'm not wrong, shilling scam exchange.

That's extremely old trick but yet there are people who will become a victim, we should always bear in our mind that there is no FREE in everywhere in the internet. You will might suspicious if when you want to withdraw there is deposit asking.

Please move this into Beginners and Help or create a thread on Scam Accusation board together with your proof.

[bitbollo]

this type of scam has been reported already a lot of time and it's has been used also by fake casino/fake mining site/ fake exchange and so on.
Find below one example:
https://bitcointalk.org/index.php?topic=5155843.msg51516387#msg51516387

Generally there are simple rules: NEVER send money in order to receive money
NEVER send bitcoin to get "verified" in any website.
Check on google what are you using and check always their web address

[Maestro75]

Nowadays, especially in the crypto space, treat the word free as a warning.

Thank you for such a meaningful advice. Short but strong advice. I do not know why people go after freebies like monies are free online. Nothing meaningful is free. You have to do something to earn money, even if it is your time as an investment. People should be very careful downloading apps or clicking on links. They may contain malwares. Also the exchange the OP mentioned is not one of the credible exchanges on the coinmarketcap site.

[amrulshare]

stop digging for some free satoshis from a site. at once any website claiming to offer free btc is just scam tricks.

[Strongkored]

Nowadays, especially in the crypto space, treat the word free as a warning.

Thank you for such a meaningful advice. Short but strong advice. I do not know why people go after freebies like monies are free online. Nothing meaningful is free. You have to do something to earn money, even if it is your time as an investment. People should be very careful downloading apps or clicking on links. They may contain malwares. Also the exchange the OP mentioned is not one of the credible exchanges on the coinmarketcap site.

We members of this forum might be amazed why there are still people who can get scam, members in this forum already understand the many tricks or methods of scam but out there there are still many people who are just trying in the crypto world and they are not get correct knowledge that there are many forms of fraud, one of which is the manner described by the OP, and scammer not only in crypto space scammers is always everywhere.

[Debonaire217]

The scenario that an exchange will ask for a deposit could be compared to a gambling site that also does the same thing, this doesn't necessarily mean that they tend to scam customers but looking up to the amount of BTC that you need to deposit, it is an obuse scam in my opinion, just one dollar is enough if they really want to avoid their services being abused by users who create multiple accounts. In addition, they could also include an IP checker to verify that new users created are unique in IP and what about those who uses VPN? They could also block some suspicious IP.

With this knowledge we should already avoid the site since they require more than the amount we received from the promo code.

[Akiko]

I have seen similar exchanges like that offers free credits of tokens or fiat but requires deposit from users in order to withdraw and basically it's a dubious scheme that is a scam for sure, no doubt about it. Not just on new exchange does this but also on airdrops, wherein its actually rampant schemes that users required to pay for these airdrops to claim those tokens that supposed to be free in the first place.  

You can really see a lot like that because until now they are still doing that in the telegram and send many spam messages for different users  as their future victim.
If you found something like this or one members send you message just ignore it or report the account so they can't recruit another new victim.

[yhiaali3]

These are completely fraudulent matters! I don't know what this token you will get for the 0.016 BTC deposit ?! Things like this are very common in new projects where they say that they will give you the token for free, but when you want to make a withdrawal they ask you to deposit first.
You must pay attention to such types of fraud and completely avoid them, any site that asks you to deposit first is undoubtedly fraudulent.

[plvbob0070]

I have seen a lot of similar cases with that kind of tactic here, and even if a lot of people are already giving awareness, there are still who fall for this scheme. Although some newbies may not be aware of this scheme, a few free satoshis are not worth it if they are asking you to deposit a certain amount of money first.

Good for the op that even if he tried to redeem the promo code, he is still cautious and did not end up falling for this kind of scam. Since scams are everywhere, it's really better for us, not only for newbies to always be careful to avoid being a victim of scammers.

[carlisle1]

These are completely fraudulent matters! I don't know what this token you will get for the 0.016 BTC deposit ?! Things like this are very common in new projects where they say that they will give you the token for free, but when you want to make a withdrawal they ask you to deposit first.

Free satoshi I assume it's BTC that OP is mentioning, he will get some satoshi after using the promocode, the problem is in order
to claimed the free BTC OP needs to deposit such huge amount.

A very proof that this really an attempt of scamming him by whoever give him this info. Good thing OP didn't fall for this scam,
Just wondering what if it's not that huge amount that OP needs to deposit, maybe there's chance that OP might fall to this trick.

You must pay attention to such types of fraud and completely avoid them, any site that asks you to deposit first is undoubtedly fraudulent.

That's for sure, why in the hell someone will attract you to give something free but in order to received you need to deposit
first. That's really annoying better to ignore and stay away.