CryptoBit Review
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Scam
Risk Index
CrptoBit is a platform where a trader can send, receive, and exchange Bitcoin instantly with anyone in the world for free and anonymously. It is a wallet where it provides an ability to store Bitcoins.
Is CryptoBit A Secure Broker?
CryptoBit claims to be regulated by a well-recognized financial regulatory organization. But, during our investigation, we realized that it is an offshore and unregulated broker having no authority to run legally. Moreover, it has been blacklisted by the Financial Conduct Authority for running a big scam. Hence, dealing with it is not recommended.
Is It Safe To Invest With CryptoBit?
Investing with an unregulated broker increases the risk factor for your money. It has many clone websites that seem to be legit but ultimately loot the hard-earned money of investors. Many traders have given negative feedbacks against it which is evident enough to claim it as a big scam. Hence, we do not suggest going for CryptoBit for trading purposes.
How To Recover Your Scammed Money From CryptoBit?
If you have lost your hard-earned money to CryptoBit, you can avail of the services of funds recovery companies listed with us to retrieve your money from the broker.
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