Is Bitpaypro.net Legit or a Scam?
Our in-depth analysis and research show that Bitpaypro reviews are not a legitimate platform. The trusted score of this broker company is very low. The website has declared it to be authorized by CySEC, but that is false information.
They also claim to offer safety measures, which is again false Information. We have also found negative reviews. These factors indicate that this company is not legit; it’s ultimately a fraud.
What is Bitpaypro.net?
Bitpaypro.net is a trading platform. You can exchange currencies there and profit from your investment. This website convinces users to believe they will profit daily by trading on CFDs and forex.
They falsely advertise safety measures. In reality, they use deceit to steal from their clients. The website is poorly designed and unorganized, and it lacks professional and user-friendliness
Details:
| Scammers website | https://bitpaypro.net |
| Official address | 2810 henry Ford Avenue, Tulsa, US |
| Warnings by | FCA, CONSOB, CMVM, IOSCO |
| Regulation Status | Unregulated |
| Registry Date | 12 May 2023 |
| Operating Status | Active Forex trading scam |
| Mobile trading | No |
| Minimum deposit | £100 |
| Crypto Asset Trading | Bitcoin, Cardano, Ethereum, Litecoin |
| Trading instruments | Forex, CFDs, cryptocurrencies |
| Demo account | No |
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Deposits and Withdraws:
You cannot withdraw funds from Bitpaypro review or it will take too long to withdraw. The minimum deposit on this platform is £100, which is high. They pressure you to pay more withdrawal or deposit fees to take out your precious money. But in the end, all your money will be stolen by BitPaypro.
Account Type
- Bitpaypro requires users’ identity and registration charges to start any account. And sometimes after investing your account will be blocked.
- It lacks trading accounts.
- They have three investment accounts to offer with unorganized features.
- Their website lacks Information on the spread, leverage, commission, swap, and currency pair, so stay away from their scheme.
Red Flags and Warning Signs:
Following are the red flags based on our research and also raised by many customers:
- The company only accepts cryptocurrency, significantly bitcoin, which is a big red flag.
- False claims of regulation make Bitpaypro scam
- Blacklisted by FCA
- No demo account
- No legal document
- Poor transparency
- Pressure to deposit additional funds
The website has a poor design and lacks elements in the metadata to improve its online presence. This affects its credibility and raises questions about its quality. Once they improve their back-end, we will update this information.
Read our carefully selected list of 100 top-regulated brokers to make Safe investment decisions in legitimate companies.
Customer Complaints and Negative Reviews:
When investing money on any broker trading platform, profound research on negative reviews and customer complaints sections comes first to know people’s experience to save your savings. Bitpaypro review has received many negative reviews, which are as follows:
FAQs
Is Bitpaypro legit?
No, This is not a legitimate broker; it is a fraudulent trading company that has been declared regulated which is not true, and has received many warnings from regulated authorities.
What is the minimum deposit with bitpaypro?
The website claims that the minimum deposit at bitpaypro is £100.
Is it safe to trade with this Company?
No, if you plan to invest your money in a Bitpaypro scam, we recommend you avoid this platform as there are frauds who steal money from users.
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If you are suspicious about getting scammed by this Bitpaypro Scam broker house, our expert team strives for efficient and timely solutions to help you get your money back. Don’t suffer in silence, and contact us today to help you get your investments back. No worries, as our team of experienced professionals is ready to assist you with this scam recovery. Let us assist you in reclaiming what rightfully belongs to you.
