Has anyone used the 'Bitgamo' platform for cashing out BTC without KYC?

Yamane_Keto

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Quote from: btcwish1 on February 16, 2024, 04:31:18 PM

Greetings, friends!

Has anyone had experience with the platform called 'Bitgamo'?https://bitgamo.com/ They claim to provide the option for cashing out BTC without requiring KYC, and the funds are directly transferred to your bank account.

If you want to deal with your bank account, you must forget the term noKYC, as all bank policies require the disclosure of user data, and any banking service that tells you this is closer to fraud and will be quickly detected and forced to stop or request user data.

The site's registration data suggests that it is a scam, in addition to false offers.
Use P2P from popular platforms.

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Stalker22

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Quote from: btcwish1 on February 16, 2024, 06:43:44 PM

Receiving 'Account related' advice from an account holder two years younger than mine is surprisingly odd. What a strange world we live in! Unlike some, I don't post solely for the sake of pursuing the so-called 'Legendary' status; I prefer to post only when it's truly necessary.

WTF are you talking about? I have never given you any 'account related' advice as far as I know. You can do whatever the fuck you want, but I dont be surprised if people dont fall for your little 'tricks'.

Here is a piece of 'life-related' advice: Be smart. Dont waste your time on stupid things. Life is to short for that.

btcwish1

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Quote from: Stalker22 on February 16, 2024, 05:54:06 PM

Quote from: btcwish1 on February 16, 2024, 04:56:49 PM

Your comment gives the impression that you're suggesting I have a connection to or benefit from the mentioned site. However, I merely inquired about its legitimacy. I never claimed it to be legitimate. I mentioned 'Yahoo Finance' as a reference point, prompting me to seek insights from this forum. As I fully trust replies of users in this forum.

Your post gave that impression. We regularly see similar situations with brand new accounts or those returning after a long period of inactivity, like in your case, leading us to believe they might be alt accounts used for this specific purpose.

They pretend to ask legitimate questions about scam sites with the obvious goal of actually promoting the site.

EDIT: The last time you used this account was to post this fake news:
***BREAKING *** Bitcoin ETF is approved

That was over two years ago! Well, I guess you could say your announcement was just "a little" premature.

Receiving 'Account related' advice from an account holder two years younger than mine is surprisingly odd. What a strange world we live in! Unlike some, I don't post solely for the sake of pursuing the so-called 'Legendary' status; I prefer to post only when it's truly necessary.

Mate2237

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This is what people have been saying that when bitcoin goes up, different exchanges will pump up which most of them are own by scammers so if your don't know and you pay your bitcoin to the address then your will be facing one problem to the other until you lost your coins. So whatever you are trying to make a transaction make sure that you should be careful.

And as me this is the first time I am seen this kind of decentralized exchange platform in the ecosystem. And another exchange that works like this which is trustworthy is remitano. In Remitano you can sell you bitcoin in the exchange wallet and later transfer it to your local bank. I have used it so I know how it works but for this above one, I don't know it. So I will not recommend it for you and any other person.

Orpichukwu

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Quote from: logfiles on February 16, 2024, 05:51:33 PM

Did you just say they are not scammers? You are going to confuse OP.
The exchange is a scam.

lol, I will first be confusing myself before the op, it was a typo error which have been corrected..

Stalker22

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Quote from: btcwish1 on February 16, 2024, 04:56:49 PM

Your comment gives the impression that you're suggesting I have a connection to or benefit from the mentioned site. However, I merely inquired about its legitimacy. I never claimed it to be legitimate. I mentioned 'Yahoo Finance' as a reference point, prompting me to seek insights from this forum. As I fully trust replies of users in this forum.

Your post gave that impression. We regularly see similar situations with brand new accounts or those returning after a long period of inactivity, like in your case, leading us to believe they might be alt accounts used for this specific purpose.

They pretend to ask legitimate questions about scam sites with the obvious goal of actually promoting the site.

EDIT: The last time you used this account was to post this fake news:
***BREAKING *** Bitcoin ETF is approved

That was over two years ago! Well, I guess you could say your announcement was just "a little" premature.

logfiles

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Quote from: thecodebear on February 16, 2024, 04:43:07 PM

probably no registration or kyc required because they dont care about the identity of the people they rob lol

Some scam exchangers do care, because they also need to still user Identities on top of taking their funds Grin

Quote from: Orpichukwu on February 16, 2024, 05:01:54 PM

This exchange is not a scam; there have been a lot of negative reports about them on the internet and in other press releases.

What are you trying to imply?

Did you just say they are not scammers? You are going to confuse OP.
The exchange is a scam.

alastantiger

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Quote from: btcwish1 on February 16, 2024, 04:31:18 PM

Greetings, friends!

Has anyone had experience with the platform called 'Bitgamo'?https://bitgamo.com/ They claim to provide the option for cashing out BTC without requiring KYC, and the funds are directly transferred to your bank account.

Additionally, there's an option to receive funds from a foreign bank if your local bank or country is not crypto-friendly. It seems almost too good to be true. If nobody has used this platform, could you recommend a legitimate alternative that offers similar services to 'Bitgamo'?

Thanks in advance for your input!

When you see an obvious scam illegitimate CEX website, it should be easy for you to tell even if the site is being advertised by well-known and trusted news websites like Yahoo finance. Yes I first came across Bitgamo last year in an article written about them by Yahoo finance - Bitgamo: First Crypto Exchange to Fiat with No KYC or Account Registration Their offers where too good to be true. The CEX isn't safe and I wouldn't recommend it for anyone.

Orpichukwu

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This exchange is a pure scam; there have been a lot of negative reports about them on the internet and in other press releases. Anywhere you see positives, just know that they are paid promotions sponsored by their press team.

Check out this post where someone made a clear point about them the moment Coinmarketcap announced their listing last year.
https://twitter.com/Razer_Rollbit/status/1701263392927805849

One thing about all these scam exchanges is that they don't come to a community with freedom of speech to conduct a promotion because they will be dragged to the bottom. Most of the time, when you first use their service, they might appear to be giving you something useful to earn your trust, but the moment you try to use it for a big deal, you will see their true colour.

btcwish1

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Quote from: The Cryptovator on February 16, 2024, 04:47:57 PM

Quote from: btcwish1 on February 16, 2024, 04:41:21 PM

Indeed! It does sound too good to be true, doesn't it? I came across 'Bitgamo' being mentioned on 'Yahoo Finance,' which made me consider its legitimacy. Hence, I decided to inquire within this forum for any insights or experiences.

Be realistic, bro. What's Yahoo? Is everything published on Yahoo legitimate? Thousands of scam sites do press releases on Yahoo every day. It does cost a little bit. I can publish any article on Yahoo as well. Doesn't mean it's legit. Don't be a fool, bro, or don't try to make us fools. This isn't the right way to ask questions when it's a clear scam site.

Your comment gives the impression that you're suggesting I have a connection to or benefit from the mentioned site. However, I merely inquired about its legitimacy. I never claimed it to be legitimate. I mentioned 'Yahoo Finance' as a reference point, prompting me to seek insights from this forum. As I fully trust replies of users in this forum.

Rikafip

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Quote from: The Cryptovator on February 16, 2024, 04:47:57 PM

This isn't the right way to ask questions when it's a clear scam site.

People fall for way more obvious scam sites than this one all the time so I don't see what's wrong with him asking about that website.

Keep in mind that not everyone who asks about dodgy website is automatically trying to seceretly promote it as there are people around here who are gullible and not capable of figuring things out for their own so better to ask here than get scammed.

The Cryptovator

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Quote from: btcwish1 on February 16, 2024, 04:41:21 PM

Indeed! It does sound too good to be true, doesn't it? I came across 'Bitgamo' being mentioned on 'Yahoo Finance,' which made me consider its legitimacy. Hence, I decided to inquire within this forum for any insights or experiences.

Be realistic, bro. What's Yahoo? Is everything published on Yahoo legitimate? Thousands of scam sites do press releases on Yahoo every day. It does cost a little bit. I can publish any article on Yahoo as well. Doesn't mean it's legit. Don't be a fool, bro, or don't try to make us fools. This isn't the right way to ask questions when it's a clear scam site.

thecodebear

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probably no registration or kyc required because they dont care about the identity of the people they rob lol

btcwish1

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Quote from: The Cryptovator on February 16, 2024, 04:36:54 PM

Are you Kidding us?

pichrs

Indeed! It does sound too good to be true, doesn't it? I came across 'Bitgamo' being mentioned on 'Yahoo Finance,' which made me consider its legitimacy. Hence, I decided to inquire within this forum for any insights or experiences.

The Cryptovator

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Are you Kidding us?

pichrs

Can't you see its scam? How could this exchange provide Bitcoin rates of 57,000+ USD when Bitcoin is currently trading at 52000+ on Binance and other exchanges? Are you promoting scams behind your questions? I can see other unrealistic crypto prices there as well. Please put your website link in the code. You are a full member, and you should know how to do it. I am suspicious that this account has been compromised.

Mia Chloe

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This is a scam website. I checked it up with about 3 trusted tools and the ratings a far low., website was created about six months ago plus the traffic is way low.
Besides Why do you even need to transfer Bitcoins to some sort of exchange you are skeptical about?
I kindly suggest that if you want to convert your BTC to cash you can easily do a simple P2P exchange with members of the forum. Or you could use a popular exchange like binance though you will have to do a KYC.
If you really want to keep your privacy I suggest you do a P2P with a forum member or use a local exchange.

btcwish1

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Greetings, friends!

Has anyone had experience with the platform called 'Bitgamo'?https://bitgamo.com/ They claim to provide the option for cashing out BTC without requiring KYC, and the funds are directly transferred to your bank account.

Additionally, there's an option to receive funds from a foreign bank if your local bank or country is not crypto-friendly. It seems almost too good to be true. If nobody has used this platform, could you recommend a legitimate alternative that offers similar services to 'Bitgamo'?

Thanks in advance for your input!

Topic: Has anyone used the 'Bitgamo' platform for cashing out BTC without KYC? (Read 124 times)