STAY AWAY FROM THIS EXCHANGE SCAM!

STAY AWAY FROM THIS EXCHANGE SCAM!

By tipplenurkey | Proven Passive | 6 Jun 2020


There are several YouTube videos and ads circulating around that describe a process by which users can exploit two crypto exchanges, Huobitoken and Changelly, to multiply BTC due to conflicting exchange rates.  The process involves depositing a minimum of 0.005 BTC on Huobitoken in exchange for 0.365 ETH, then taking that ETH to Changellly to trade for 0.009 BTC.  Obviously, if this were possible, the values of both of these currencies would be detroyed.  That said, I tried it anyway to confirm my suspicions, eating a loss of nearly $50 in BTC for my trouble.  As expected, the "waiting for payment" page never updated, my BTC vanished and I never received the promised ETH.  I did this to myself so you wouldn't have to.  Learn from my experience: never trust any site/app/method that promises too-good-to-be-true returns for little or no cost.  Even if such a method did exist, you can bet that there would be no YouTube videos showing people how to do it, otherwise it would be fixed.  Trying to cheat the system will only get you robbed blind by some anonymous scammer sitting in their basement laughing at your gullibility.

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tipplenurkey
tipplenurkey

Disabled veteran, father of 7 and crypto investor with a natural talent for research and a God-given gift with numbers.


Proven Passive
Proven Passive

There is another reason I'm here. I very recently started a website dedicated to becoming the largest trusted database of real, verified passive income and investment opportunities as well as known scam sites and organizations, and I am exploring several platforms on which to promote it. This is one of them.

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