The next big crypto scam ?!

today I had the following promotion mail in my inbox, I´ve had seen this advertisement a day before on one of the websites where cryptonews are published but please don´t ask me which one ;)

(screenshot webpage)

Bitgamo is Paying 10 % more than Market Price for Crypto

Receiving the market’s best exchange rate has always been a top priority for crypto enthusiasts. Typically, the price of crypto is driven by many market related factors and a lot of research is required to obtain the best available price. However, this task has been simplified since the emergence of Bitgamo, a crypto exchange that promises to offer up to 10% higher price for Bitcoin, Litecoin, and Ethereum compared to any other crypto to fiat exchange platform.

The market value of cryptocurrencies tend to fluctuate based on several factors including government regulations, market cap, scarcity of the coin, and exchanges. In order to offer a higher price compared to any other exchange, Bitgamo distributes the cryptocurrencies through a number of third-parties to the Middle East and other countries where obtaining crypto or investing in it is difficult.

Crypto to Fiat Rate Comparison
Exchange BTC LTC ETH
Bitgamo $32,313.60 $91.45 $2,030.92
CoinGecko $29,375.89 $83.06 $1,845.87
CoinMarketCap $29,387.92 $83.10 $1,846.40
CEX.io $29,427.90 $83.16 $1,847.71
BitMart $29,396.41 $83.00 $1,846.61

It is important to note here that Bitgamo is not just about the market’s highest rates on crypto. This is also the first ever platform to offer crypto to fiat exchange without any KYC requirements. No registration is necessary for using this service and therefore, users are never asked to provide their passport details, proof of funds, and any other identity details.

The growing popularity of Bitgamo can be largely attributed to crypto enthusiasts that are not comfortable sharing their sensitive personal information with exchanges. The company is a strong proponent of decentralization, and believes that customer data and privacy should never be compromised. This is why Bitgamo doesn’t use any third-party web analytics, customer service software, marketing automation platforms and email marketing services.

Another key feature of Bitgamo is its lightening fast speed of transaction. In most of the instances, transactions are completed within just 20 minutes. The exchange process is seamless, and requires just a click. The platform can be used by crypto enthusiasts all over the world, regardless of the countries crypto related regulations and policies. It also has a 24/7 live customer support team to help users with their queries.

If you are looking to receive best return on your crypto coins, you can find out more by visiting https://bitgamo.com/.

this email advertisement came from zerohedge to my inbox...
one has to question who this business model can work with profit for the company.
First they pay more than 10% on top of actual spot market prices and then all this without KYC.

the webpage is poorly filled with any information that´s worth this name, no company seat, no names , not in the privacy claimer nor in the terms of use.
There are a lot of very shady reviews and this goes on like that, first they mention not to need kyc but in the terms they list what kind of data they would like to get "in some cases", moreover they claim in the FAQ that for some amounts they need the data from kyc, its so silly that looks excactely like the scam from BNAX in the past the guys who claimed that you can gain 10% more than in the regular markets with their arbitrage platform.

So be aware and prepared that this might be by a 90% chance a big scam and you will lose your coins ;)