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Operating status: SCAM
Website: https://bitpaypro.net/app/

Bitpaypro's claim that it is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the UK Financial Conduct Authority (FCA) is false, as our search for this company in the registers of both regulators didn't yield any matching result.
Furthermore, Bitpaypro claims to have an ID 0350721 issued by the U.S. National Futures Association (NFA). However, data from the NFA suggest that it is not an NFA member and thus not subject to their oversight.
What's more, it is critical to be aware that this swindler used to solicit investors via domain coin-crypto.net, under the trade name Coin Crypto Wallet. Please steer clear of this scam.
In essence, Bitpaypro is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
On August 18, 2023, the Financial Conduct Authority (FCA) issued a warning against Bitpaypro, believing this broker might be providing financial services or products without proper authorization. https://www.fca.org.uk/news/warnings/bitpaypronet
BrokersView found that the domain "https://bitpaypro.net/app/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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