Can this be true or are they just trying to play on my intelligence? Let me tell you, yesterday I was browsing the internet when something popped up as a notification on my phone, and when I checked, it turned out to be about getting 1 free ETH for just buying ETH. I thought it was just a marketing tactic until I went to the exchange that talked about it and I saw the same.
Remember that 1 ETH is now $4,300. Do you think they're so generous to that extent to give people rewards for just buying, either on spot trading, copy trading, or simple deposits? Anyone of these is allowed in order to get a good reward.
Highly doubt that. Even the generous exchange that keeps giving out gift and giveaways are at maximum only giving 5 bucks for free to participate in their event.
There is no free lunch and if a company gives out 1 ETH for a simple task, they'd go bankrupt the next day even if it's an exchange with high trading volume.
Just think how many transaction the exchange needed to have from 1 user who received that 1 ETH to recoup the losses. It's obviously a red flag and high possibility of being a scam.