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Cryptobitup.biz review ; Have you been looking for a place to loose your money? Then Cryptobitup.biz is for you. But if you don’t want to loose your money, then avoid this obvious scam called cryptobitup.biz.
Of course you may be having confusion understanding our first paragraph of this cryptobitup.biz review. But yes, we have to let you know that this company is a scam. Therefore, finish this review and thank us for helping you avoid this them.
To get across to them, investors have to write to them by filing out a form on the homepage that requires some personal information. In addition, potential clients can also communicate them through a live chat.
Unfortunately, there response is quite poor. We tried reaching out to them through their live chat and there was no response from them for over 24hours now. The picture below tells you more:
But before we continue with the review,
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These people actually claim to be a multi market plartform that operate from Estonia. Meanwhile, there
leverage here is capped at 1:400, while the EUR/USD spread is 3 pips.
And of course, they provide investment on Forex, Cryptocurrency and CFD.
These people are scammers and there are a lot of complains from our clients already. Moreover the internet is filled with negative reviews about them.
According to who.is, the website was hosted in 2017. Since then, nothing good has come out of it.
This people does not even deserve any attention, therefore, we encourage you to stay away. But for the sake of newbies, we will just go ahead and give reasons you should avoid them.
Safety of your funds : First these people promise you maximum security of your funds. That is because they claim to be operation using licenses issued by
Finantsinspektsioonacts (FI) in Estonia and FCA in UK.
They even display the picture below as an evidence.
Meanwhile, both of these claims are false. We looked up the FI and FCA database and cryptobitup does not appear in any of them.
We always encourage traders to prioritize security of their funds in any investment.
There are licensed and regulated companies like iq mining where you can invest and get good returns.
Who owns this company?
There is no clear information on the website ownership. They only claim that it belong to World Invest Group LP; Which they claim is registered in UK. But like we clearly stated above, there is no such company in FCA database.
In addition, while researching for this cryptobitup.biz review, we found out that all company information are private in who.is. Moreover, they appear to be operating from US and not UK or Estonia.
Cryptobitup.biz review on How the plartform works?
There is no clear information concerning this. Therefore, we believe that it’s just going to work like other scammers.
First, you will have to sign up by providing some personal information. And surely, this will just take like two minutes. Then of course you will receive a call from someone who will claim to be your account manager. Subsequently, the so called manager will convince you to make an initial deposit of say $250. Then you will reluctantly agree and make the deposit.
At this stage you are already in a mess. Of course you will watch your account grow and then they will link you up with a senior manager. This one will make you understand that you have to deposit more money in other to make more profit. Of course you are almost out of your mind already. So you will agree and then you will make a lot more profit.
Now you will request a withdrawal and your eyes will open.
Note: This cryptobitup.biz review aims at not allowing you get to this point.
Once you request a withdrawal, they will use strategies to delay it until your opportunity to file for a charge back expires. Therefore, do well and avoid this scam.
Any demo account?
No, therefore you will not have the opportunity to understand the trading conditions. And this is big disadvantage.
In addition, the charges for both deposit and withdrawal are not mentioned. So they can wake up any time and charge any amount of their choice.
Cryptobitup.biz review Conclusion
Do you want to invest in forex or binary option but you don’t have time to monitor the market; Don’t worry because we have a great news for you.
The name is binbotpro.com. It’s a tested and trusted company. Therefore, go ahead and invest but don’t forget to thank us later.
Crypto bitup is a big time scam. Avoid it and thank us later.
Thanks for reading and happy trading.
You can share your opinion and other trading experiences in the comments section. Also let us know if there is any broker you want us to review for you.