Cryptoqate

It's a scam that wants you to use the 5% exchange bot. You will not be able to receive your money back. Be careful. There is each influencer for each country that presents it in native language, most of them use fake names and surnames.

They will present packages to you like invest 1. $89 AUD, 2. $120 something, 3. $200 something and 4. Something much higher. Each package earns you a large return of profit - $89 will give me $24K profit for example. The higher packages promise higher. They will ask you to pick one where you invest (e.g, buy and transfer $89 worth of crypto (it could be any) to a certain wallet address. Then they say the AI they use to trade in forex trading on Cryptoqate will do certain trades 6000 times to give you large profits. This was said to take 1.5 hours and then the trader would transfer back into your bank account. However when it came time for this, the trader had blocked me on telegram. I know this because his profile picture suddenly disappeared, chat said last seen a long time ago and message was sent with 1 tick. But I checked off a different number or telegram account. His profile still showed, it showed he was recently active and my messages were delivered with a double tick. Anyways when I confronted the trader, he would open a new chat and say he got hacked and to not message that other chat otherwise the hacker would get it. After that, that confirmed it was a scammer. He got rude and defensive, like he started to get aggressive. Like yeah woah just red flag. Anyways he was also going to get me pay $280 just to unlock my profits and get them in my account even though he is the one who got hacked... Thankfully it was just $89AUD. Added screenshots.

Здравствуйте всем, Люди не верьте в то что можно заработать лёгкие и большие деньги. Я не попалась на уловки этих мошенников, но он меня пытался убедить, что всё работает и легально, читайте отзывы и проверяйте сайты, а особенно те которые обещают гору денег. Я оставляю фото этого человека, который считает что он крутой психолог, и это сидят психологи которые могут давить на психику. У меня была также система, бот с видео от Тик Ток, потом предложение сделать перевод и обещание в заработке ******* €

You give 65€,and after 1 or 2h they will give you *******€ back.They post proofs of the people that they have payed out
This stinks

This is exactly what happened to me, I came to a Telegram channel that advertises the profits that can be made from price differences between the exchanges with the help of a bot. As soon as he wanted to transfer the money to me, he started coming up with all kinds of payments that should be made in the first stage $492 and in the second stage $293. Of course he said everything was real and the money would be in my account in a few minutes. Everything is a scam, don't believe anyone that you can make big money in a short time!

The cryptoqate.com website is a component of a complex scam. They use the logo of the gate.io cryptocurrency exchange and create a user interface that resembles the original exchange.

They advertise the exchange on Telegram channels using pictures and videos of a famous person they have already deceived, who believed they were promoting Bitcoin trading. In these videos, they demonstrate the process of fake trading and how to withdraw profits to a bank card by providing bank card details. On the fake trading interface, the scammers persuade victims to purchase BTC, which is 5% cheaper than the market price, and they claim that trading can be repeated thousands of times with the help of a bot.

Of course, this is a fake interface, and the victim cannot withdraw the balance or the purchased Bitcoin.

The second phase of the scam takes place on the Scamadvisor website, where the "victims" report the website as a scam but provide an assisting email address in the description that supposedly helped them with withdrawals. This is how they deceive the victims once again. The "helper" then transfers thousands of dollars to themselves, and the victim does not receive their money.

In the case of fake exchanges, I would like to draw everyone's attention not to trust those who claim they can help with withdrawals. This is the second stage of the scam, and they often use scam filter websites as advertising platforms.