New exchange platforms may contain a great risk as their promotional programs may be a trick to deceive new users. If they are not proven to be legitimate, licensed, and trustworthy, they could easily disappear with users' funds. . In such cases, these promoters can be a key factor in the success of their fraudulent operations.
Even Binance, Kucoin etc... were once new. Everyone has to pass the stage from the unknown to the proven.
FTX was proven and popular, so look where it is now.
I'm just saying that everyone should be careful, regardless of whether someone is just starting out or is "proven".
I do not think that an account with only 1000 followers can be trusted or that the promoter can obtain profitable returns from CEX. Accounts that contain large audiences, well-known celebrities, and influencers in this field are the ones I see benefiting the most from referral links, paid advertising, and affiliate programs. I don’t think it's worthwhile for smaller accounts.
Maybe accounts with only 1000 followers are more realistic and responsible than these big ones. Scammers usually target a larger audience, which increases their chances.
Just look at the example of Kylian Mbappé X's account (14.5M followers), which was hacked and promoted some trash token.
So, scam by a trusted account.