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Bitget
Operating status: SCAM
Website: https://www.bitget.com/
Broker violations and abnormal records
On June 21, 2024, the Cyprus Securities and Exchange Commission (CySEC) added Bitget to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b119d5c1-2ea3-4501-b70e-ce36990d0712
On June 21, 2024, the Cyprus Securities and Exchange Commission (CySEC) added Bitget to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities. https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=b119d5c1-2ea3-4501-b70e-ce36990d0712Bitget fails to disclose any regulatory information to demonstrate its legitimacy as an online trading platform. This is a scam indicator.
Further compounding concerns, the Cyprus Securities and Exchange Commission (CySEC) has added Bitget to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities.
In essence, Bitget is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Bitget appears to be a scam.
Bitget fails to disclose any regulatory information to demonstrate its legitimacy as an online trading platform. This is a scam indicator.Further compounding concerns, the Cyprus Securities and Exchange Commission (CySEC) has added Bitget to its warning list, stating it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities.In essence, Bitget is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Bitget appears to be a scam.
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