Bit-Markets is an unlicensed Crypto Currency Broker, that opened in July of 2017.
Bit-Markets is owned by a company called Amberfell Today LP, which is located at 39/5 Granton Crescent, Edinburgh, EH5 1BN, Scotland, United Kingdom. Phone number in the United Kingdom is: +44 203 769 8781 or +44 203 514 7436, and the contact email address is: Compliance@Bit-Markets.com. Official website is: https://www.bit-markets.io/.
Bit Markets gives investors an easy to use trading software, which was developed by the Finantick company. The software is 100% web based and they offer CFD trading on a variety of Crypto Currencies including: Ripple, Bitcoin, Litecoin, Dash, Ethereum, NXT, REP, ZEC and STR.
Four account types are shown, with the minimum deposit requirement starting at $250 for the smallest account.We see that they are offering bonus money of 50% – 100%, but if would read their terms and conditions page you will see “Bonuses are only available for withdrawal after trading 30 times the deposited amount + the bonus value”.
Bonus money is a major cause for complaints among investors that want to withdraw their funds, read why.
Get Rich Quick Crypto Scams
Hundreds of “Get Rich Quick” scams focused on Crypto Currency trading, are now permeating the online world. Systems which go by the name Bitcoin Code, and Ice 9 Technology promise to make money for you, but they don’t actually work.
Educate yourself on how the scams operate, before you become the next victim, read more here.
Bit Markets License Check
When the Scam Broker Investigator researches a new Forex / Crypto trading broker to determine if they are a scam or legitimate broker, we check for a valid brokers license. Legitimate brokers will be licensed in the United Kingdom by the FCA or in Australia by ASIC.
Bit Markets is not a licensed broker.
Crypto Currency investors, can find many brokers that are licensed and regulated just go look here.
Compare Crypto Forex Brokers
Who is the Best Forex broker, is a very general question, because each investor has their own requirements in a broker. Smart investors always have their primary broker, and a backup broker.
You can see our list of most popular brokers.
If you are currently investing with BitMarkets, please share your experience with other investors in the comment section below.