trade8.to legit or scam ? | Bitcointalksearch.org

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: bL4nkcode on March 18, 2020, 08:43:42 PM

Quote from: https://support.trade8.to/en/articles/3297301-about-us

Our team comprises some of the leading experts in software development, security, and retail trading. To ensure the personal safety of our team and the security of customer funds, all of our team members adopt aliases.

Well, even binance with such a huge profit didn't bother to introduce their team members if personal safety is really the issue here.

Their core team is searchable, you'll see them especially in Binance's SNS.

Beware of any centralized services that don't want to reveal their team behind. It's easier to scam ppl when their identity isn't tied to their actions. The possible attacks when one has revealed their identity isn't much of a threat and can be minimized hence, I don't see why the transparency to the users should be compromised.

Stotak

newbie

Activity: 2

Merit: 0

Okay, thank you all for help, I am not giving anything to them

bL4nkcode

copper member

Activity: 2142

Merit: 1305

Limited in number. Limitless in potential.

The way they choose domain name and domain extension (.to) is questionable already in the very first place for running an exchange, especially related stocks.

Quote from: Stotak on March 18, 2020, 01:04:38 PM

I made some profit and wanted to withdraw some and they want 0.01 btc deposit to be able to withdraw (which I know is a common scam tactic,

Seems you're just promoting the website here but wait, ah nevermind doesn't matter since you already familiar with this scheme, then the thing you should do is to stay away for good.

Quote from: https://support.trade8.to/en/articles/3297301-about-us

Our team comprises some of the leading experts in software development, security, and retail trading. To ensure the personal safety of our team and the security of customer funds, all of our team members adopt aliases.

Well, even binance with such a huge profit didn't bother to introduce their team members if personal safety is really the issue here.

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

According to this post from here https://bitcointalksearch.org/topic/m.53724100

The website is scam and it's connected to trading.wcex.com which is also a scam.

And I can't even trust this new website

Code:

Domain:               trade8.to
Created on:           Sat Dec 28 00:09:09 2019
Last edited on:       Sun Jan 12 12:40:49 2020
Expires on:           Mon Dec 28 00:09:09 2020

However, I don't know if this is legit or scam because there are some people use this website just like this post below.

Quote from: niko83 on February 06, 2020, 08:26:48 PM

I was given 30 USD bonus to trade there. First they tell you that the "welcome bonus is removed when you withdraw." Fair enough, so I triple the bonus with a few trades and then try to withdraw the surplus, but now they invent a new rule: "Profits made trading the bonus amount can be withdrawn after a deposit."

I surely won't deposit any money there because IDK what new rules they will invent if do such a thing. They have a 2-pager FAQ for documentation which only covers trivial stuff but not a word about the serious issues. Very shady. I wouldn't be surprised if they do drastic things with your money. Use at your own risk.

Source: https://bitcointalksearch.org/topic/m.53787166[/i]

AdolfinWolf

legendary

Activity: 1946

Merit: 1427

Quote from: Stotak on March 18, 2020, 01:04:38 PM

Hey, so I have found this site trade8.to which seems very legit to me. It has many features which work flawlessly. The main features of the site are trading currencies, stocks and crypto. But margin is settled in bitcoin. They have registering bonus 30$ running so I decided to give it a try. I made some profit and wanted to withdraw some and they want 0.01 btc deposit to be able to withdraw (which I know is a common scam tactic, but at the same time phemex.com has 2$ registering bonus and requires it too and I am pretty sure phemex is legit).
Does anyone use it here ?
Do you think its legit or a scam ?

It seems "legit".

Not only do you need to deposit 0.01 in order to cash out the 30$ deposit bonus- you also need to make 30 BTC IN TRADES!!!
https://support.trade8.to/en/articles/3392678-welcome-bonus

Quote

The bonus is not withdrawable, but any profits you make from trading the bonus amount are withdrawable after at least 0.01 BTC in deposits and 30 BTC worth of trades (including leverage).

Also:

Quote

Note: You cannot withdraw more than 0.02 BTC in profits when trading the bonus funds. Any profits above 0.02 BTC will be annulled. When trading with your own deposited funds, you can withdraw as much as you'd like.

So in short: You need to
A. deposit 0.01BTC
B. make over 30BTC in trades over that 30$, which really is impossible and just a way to get you to deposit your own funds.

After which you can: Withdraw your funds + the profits from the signup bonus. (The signup bonus itself = 30$ is never withdrawable!)

So really, this bonus is worthless.

Quote

30 BTC is the total trade volume to make, including leverage. You can do it across several trades, of course, and there is no time limit. It's easily achievable for most since 300x leverage is available.

HAHAHAHAHAHAHAHAHAHAHAHA

Stotak

newbie

Activity: 2

Merit: 0

Hey, so I have found this site trade8.to which seems very legit to me. It has many features which work flawlessly. The main features of the site are trading currencies, stocks and crypto. But margin is settled in bitcoin. They have registering bonus 30$ running so I decided to give it a try. I made some profit and wanted to withdraw some and they want 0.01 btc deposit to be able to withdraw (which I know is a common scam tactic, but at the same time phemex.com has 2$ registering bonus and requires it too and I am pretty sure phemex is legit).
Does anyone use it here ?
Do you think its legit or a scam ?

Topic: trade8.to legit or scam ? (Read 228 times)