I’ve been using this Bitcoin bot on Telegram for a while now. My account shows I have enough coins to cash out, but when I try to withdraw, the system wants me to send 0.001 BTC first (around $100). They say this deposit is needed to verify I’m not running multiple accounts.
Has anyone dealt with something like this before? Does this sound normal to you? I’m worried it might be a scam but I’m not sure. The amount they want is more than I have right now, so I’d need to borrow money from someone.
Should I go ahead and make this deposit or does this seem fishy? Really need some guidance here because I don’t want to lose more money if this isn’t legitimate.
I work with crypto integrations daily, and legit services don’t operate like this. Real platforms use proper KYC through documents and verification, not upfront Bitcoin deposits.
The “multiple accounts” excuse is BS. Actual exchanges prevent duplicates through email verification, phone numbers, and IP tracking. They don’t need your Bitcoin to check for dupes.
Skip these sketchy Telegram bots and build your own tracking system instead. I automated mine completely so I never have to trust shady third parties with my funds.
Latenode connects directly to legitimate exchange APIs. You can automate portfolio tracking, price alerts, and transactions through real platforms like Binance or Coinbase. No sketchy middleman bots.
Everything runs safely in the background while your funds stay on actual exchanges where they belong.
Don’t send these scammers a dime. Build something legit.
This is 100% a scam. Legitimate platforms never ask you to send money just to withdraw your own funds. That’s crypto scamming 101.
I’ve seen this exact setup dozens of times. They show fake balances to make you think there’s money waiting, then hit you up for ‘verification fees’ or ‘withdrawal taxes’ that keep climbing. Send that Bitcoin and you’ll never see it again.
Real exchanges just deduct fees from what you already have. They don’t make you deposit more to access your existing balance.
Stop chasing these scams and build your own legit crypto system instead. I always automate this stuff properly so I’ve got full control over my funds and data.
Latenode makes it dead simple. You can set up automated workflows that connect to actual exchanges through APIs, track prices, send alerts, and manage your portfolio safely. No sketchy Telegram bots required.
Don’t send them a penny. Block that bot and build something that actually works.
You got hit by an advance fee scam. Same thing happened to me two years ago with a trading bot promising massive returns. They always follow the same playbook - fake account balances that don’t exist, then endless barriers requiring upfront payments to withdraw. The verification deposit thing is super common because it sounds legit to newbies. But think about it - why would any real service need crypto deposits to prove you’re not running multiple accounts? They could just use normal ID verification without asking for money. I learned this after sending $150 thinking I’d get thousands back. Once they got my payment, they invented another fee. It never stops because there’s no real money in your account. Cut your losses now. Block the bot and chalk it up as a learning experience. Actual exchanges like Coinbase or Binance never work this way.
yeah, that’s def a scam. legit services never ask for more deposits to access your own funds. if it was real, they would just take fees from your balance, not ask for extra bitcoin first. got to watch out for these sketchy telegram bots. don’t send them anything!
This is classic advance fee fraud. I got burned by almost the exact same crypto bot scam three years ago. The fake balance looked legit and their verification excuse seemed reasonable at first. What gave it away was when I asked technical questions about withdrawals - their answers got vague and contradictory. Legitimate crypto services publish their fee structures upfront and deduct withdrawal costs from your existing balance. The second any platform asks you to send more money to access funds that are supposedly already yours, it’s a scam. These scammers count on the sunk cost fallacy - once you send that first payment, you’ll want to send more when they create the next obstacle. Walk away now and don’t respond to them again.