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I recently won 0.32 in bitcoins as I have been getting into NFT. I wanted to sell the bitcoins that I won, but in order for me to withdraw the bitcoins it’s asking me to deposit 0.01 bitcoins. Is this process usually like this?

The website is www.recrypto.com. Would it be smart if I invest in the 0.01 bitcoin to be able to withdraw it all (as the 0.01 deposit is just a verification step)? I would then withdraw 0.33 bitcoins.

Peter Mortensen
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Richie
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2 Answers2

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I'm sorry to say this is a scam. Put it in dollar terms. Someone is telling you that you've won a surprise $20,000 (not very believable in the first place). But to get it, you have to send $600 for "verification" -- what possible reason could there be for this except to enrich the scammer? They'll never send the $20,000, and you'll be out the $600. (If you send the $600, they may try to finagle more money from you until you eventually give up on ever getting the non-existent "prize money".)

BronzeAge
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    "what possible reason could there be for this except to enrich the scammer" - It would verify that the address is controlled by OP. So the .33 bitcoin is sure to go to the correct receipient.

    Of course 1 Satoshi would be sufficient if that was the actual goal.

     – Taemyr Apr 19 '21 at 11:51
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    @Taemyr it is possible to prove ownership of an address, for free, by signing a message with the address's private key. Most bitcoin wallets come with this feature as standard. – James_pic Apr 19 '21 at 14:24
  • AKA the advance-fee scam AKA the Nigerian prince scam. – Peter Mortensen Apr 19 '21 at 15:27
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No, you should not deposit .01 bitcoins. This is well known fraud

amaclin
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