$500 free in Upcoin

I fell for what I think is a scam today.

A new coin called Upcoin is giving away $500 to new users that register.

I was told to go to www.upcoin.com/?ID=7ca68be5 to register.

Upon registering you get your own share link to invite more users.

The more users you invite, the more fees you earn.

I'm still trying to figure out if this is legit or a scam, but thought it couldn't hurt to sign up.

Looking at the website now, there is no whitepaper which is the first red flag, there is no team introduction which is a second red flag, in fact there is no other information than the sharing link and the $500. Hmm... even to a total newbie this seems fishier and fishier.

DYODD!