Bithebank Review : Fees, Pros and Cons, Reviews by Real Traders

Bithebank

Operating status: SCAM

Website: https://www.bithebank.com/

Broker violations and abnormal records

Oct 05, 2022 The Italy CONSOB Added Bithebank into Its Warnings
On 6 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-october-20-1/718268

On 6 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-6-october-20-1/718268
Oct 10, 2022 BrokersView has Reviewed that Bithebank is an Unregulated Forex Broker
Bithebank claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy.
The truth is that Bithebank is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Bithebank claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. Moreover, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bithebank was not authorized to provide financial services in Italy. The truth is that Bithebank is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Dec 11, 2022 BrokersView has found that Bithebank is not working
BrokersView found the domain "https://www.bithebank.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain "https://www.bithebank.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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