This exchange uses a sophisticated scam scheme. First, you are allowed to trade on the real market, creating an illusion of reliability, and then they dump you when your guard is down. Be careful and double-check everything!
Cryptocurrency exchange Bitstarto positions itself as a reliable and secure platform for investment. The company claims to offer wide opportunities for trading, passive income from investments in digital assets, as well as stable operation of a high-class trading terminal.
The official website bitstarto.com operates exclusively in English, with no alternative language versions. The visual design of the main page is presented in the attached image.
At the bottom of the “Bitstarto” website, there are links to internal documentation and information about the regulatory license, but they turn out to be non-functional. As a result, users do not have the opportunity to familiarize themselves with the exchange data without prior registration, and even after logging in, access to this information is also hindered by incorrect links. Customer support operates around the clock online, with separate email addresses provided for inquiries related to the listing of new assets and partnership programs.
The platform offers users a wide range of digital assets, providing opportunities for trading, storing, and managing cryptocurrencies. Available operations include tools for buying and selling, ensuring flexibility and convenience in conducting transactions.
The current list of available assets is presented in the trading terminal. Additional information can be obtained from company representatives.
The “Bitstar” platform provides users with various tools to increase profitability, including DeFi-staking with a fixed annual rate of 10%. The minimum participation amount in staking is $10 with a maximum investment limit of $10,000, and the placement terms range from 7 to 90 days. An additional monetization option is the referral program, where rewards are credited depending on the number of attracted participants and the volume of commissions paid by them.
To optimize trading activities, there are features for copy trading, allowing users to replicate the trades of experienced traders, and an automated bot that performs operations for opening and closing orders without the direct involvement of the account owner. The terms of use for the services can be clarified through the platform interface or customer support.
The platform sets a minimum deposit of 29 USDT with a $1 fee for replenishment. The fee for placing an order is 1% of the transaction amount. Information about limits and fees for withdrawals is not disclosed. You can initiate a withdrawal by going to your Bitstarto personal account. However, transaction details through cryptocurrency networks or bank cards are only available after registration, which requires additional clarification of conditions in the service interface.
Despite the company's claims of full compliance with regulatory requirements, its position in the cryptocurrency exchange ratings remains low. Therefore, it is recommended to study reviews of Bitstarto before starting to work with the platform.
This exchange uses a sophisticated scam scheme. First, you are allowed to trade on the real market, creating an illusion of reliability, and then they dump you when your guard is down. Be careful and double-check everything!
My experience with Bitstarto was, to put it mildly, a disappointment. It all started small: I deposited 500 USDT into my account, conducted a few spot trades, and everything seemed legal - transactions were going through, and profits were growing. But when I tried to withdraw funds, support claimed that a "mirror transaction" was needed for "identity verification." No official notifications - just pressure through chat. I agreed, believing in the platform's honesty due to the absence of negativity online. The result - loss of all money.
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