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2.9
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I had a terrible experience with them. I was convinced to deposit money to invest, but after earning, they told me I had to deposit even more money before I could withdraw my earnings. They are chronic scammers, and I strongly advise others to stay away from this platform
I want to share my experience to warn others.
I was referred to Bitphonix through a Telegram channel called “Halaal Money P2P | Faheem.” The process involved transferring DOGE from Binance, converting it on their platform, and then sending it back to Binance to supposedly earn from the spread.
Initially, everything seemed fine. I completed two cycles with around $300 and earned approximately $50 in profit, which built trust.
However, on the third cycle, my account was suddenly flagged for “AML verification.” Instead of asking for standard KYC documents (ID, proof of address, etc.), they required me to deposit 198 USDT into my own account to complete verification. After that, they claimed I needed to send another 177 USDT.
This is highly concerning because legitimate AML verification does NOT require users to deposit additional funds. When I requested an alternative verification method, they stated there was none.
This pattern strongly resembles a deposit-unlock scam where users are encouraged to send increasing amounts of money under the guise of compliance requirements.
I strongly advise others to be extremely cautious. Do not send additional funds if a platform asks you to deposit money to “unlock” or “verify” your account.
If anyone has had a similar experience, please share it here so others can stay informed.
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