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Karatbit Review

Risk Index
1
Scam
Karatbit is an exchange platform that deals with assets like BTC, ETH, KBC, USDT. It offers market and limit orders to give traders the tools they need for every scenario. It is located at Vaihimger Strabe 149A, Stuttgart Germany.

Is Karatbit A Legit Platform?

Karatbit has been suspected as a scam broker as OSC (Canada) has issued a public warning against it. It clearly means that the broker has offered trading in a country where it does not have a regulated license. Hence, it is not a legit broker to deal with.

Is It Safe To Invest With Karatbit?

Unfortunately, it was realized by the people that Karatbit cheated them of their money. It turned out to be a Ponzi scheme upon investigation by the legal authorities after receiving complaints against it from the sufferers. Hence, if the company solicits any investment or offer trading services, it is strictly recommended to avoid it.

How To Recover Your Scammed Money From Karatbit?

If you or any of your associates have lost your money to www.karatbit.com, you can avail of the services of the funds recovery companies listed on our website to recover your lost money. 

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