Topic: PrimeXBT's $1,000,000 BTC Bounty - New member competition (Read 364 times)

wow, thanks for pointing out the Terms and Conditions. This seems way closer to an elaborate scam than anything. They will just say you won 10000$ and then ask you to deposit 10000$ so that you could withdraw 20k and before that, make 100x leverage plz. Lol..wtf?

Maybe newbies will believe this so generous giveaway. Anyway, TC got some free trafic on his website 

Lets take a look at the giveaway terms as quoted below:

It is absolutely not free money, it is just a trap scam people's money by offering huge prize. Stay away is the best thing to do.

I can't belive why they even bothered to open this thread. How can you think people will actually beilve you are giving away $1M on a giveaway just for registering on a website? I guess they will be super excited is 4-5 persons did actually registered, but that's obviously not going to help with anything.

Quote for reference

Fake trust building history, beware of them!

https://bitcointalksearch.org/topic/pimexbt-fake-history-for-advertising-and-for-build-fake-trust-5112302

Since you will be giving it out in BTC, I suppose there is an address holding those funds from where you can sign a message ? (Please don't tell me its not secure to show BTC address, I will lose it  )
Does your "big front office" has an address ?
Where is your company registered ? Share public details about your company in origin country registry.
Who are the team members ? Can you link their LinkedIn profiles ?

Why is this info needed anyway ?
New account giving away  $1,000,000 in BTC from unknown project ? Its suspicious and no one will believe that. You have to earn your reputation here, if you don't provide necessary information you giveaway (exchange for referrals I guess) will be considered scam attempt.

Also Project development is not the right place to promote your bounty.

No KYC? That's good. If this is the starting standard, then everyone will love you guys.

I have just t 3 questions for you guys, to show you are a platform serious about being one of the big players.

1: Do you have proof of funds for your competition? That's a lot of money, be nice to show us you actually have it. In fact, why not choose a forum escrow for just 1% of that? Better still give 1% of that for a signature campaign, more new members, more exposure.
2: Do you have enough staff to provide customer support to get all those thousands of new members?
3: Do you allow fiat withdrawal?

Prime XBT is a new crypto trading platform that's launching this month to offer the crypto community advanced trading strategies and order types on a highly sophisticated, secure and user-friendly trading terminal.  

The trading platform provides up to 100X leverage on both long and short positions, allowing traders to multiply profits in both bullish and bearish markets.  Plus, Prime XBT aggregates liquidity from 12 other top exchanges to secure the best possible market price, thus avoiding slippage with instant order execution.

Available for trade on PrimeXBT:  BTC, ETH, LTC, EOS, BCH and XRP.

To promote the launch, PrimeXBT is giving away $1 Million in BTC to new members who refer the most people that also come and join the trading platform.

Place              Giveaway in BTC              Value in USD*

1                              62.50                         $250,000
2                              25.00                         $100,000
3                              12.50                          $50,000
4-10                           4.50                          $18,000
11-100                       0.10                               $400
101-1000                    0.05                              $200
1001-10000                0.01                                $40

Furthermore, all early signups will receive 50% off all trading and commission fees for the first month.

Registration is easy, with no KYC requirements, the entire process takes less than a minute.

Find out more at https://primexbt.com/giveaway