Bitget Review: Is Bitget Legit or a Scam?
Bitget, once a popular name in the cryptocurrency trading world, has recently raised serious concerns among users and regulatory authorities. Operating as a Digital Asset Exchange (DAX), the platform offered services such as futures trading, spot trading, and more. However, with its website (https://www.bitget.com) currently inaccessible and mounting allegations of unregistered operations, users are questioning its legitimacy. This Bitget review sheds light on whether the platform is legitimate or a scam.
Website: https://www.bitget.com/
Website Availability: No
Domain Age:
- Name bitget.com
- Registry Domain ID 94629841_DOMAIN_COM-VRSN
- Registered On 2003-02-03T14:26:09Z
- Expires On 2028-02-03T14:26:09Z
- Updated On 2024-04-11T02:20:05Z
Overview
Bitget gained traction for its user-friendly interface and innovative trading options, including futures and copy trading. It marketed itself as a reliable platform for crypto enthusiasts globally. However, certain red flags have emerged, tarnishing its reputation. These include its unregistered operations and lack of transparency regarding its physical address or contact information. Furthermore, the platform’s website is non-functional, causing panic among users unable to access their funds or accounts.
Is Bitget Legit or a Scam?
The Securities Commission Malaysia has flagged Bitget for operating without proper registration, which is a significant violation of regulatory requirements. Any platform dealing with digital assets is expected to comply with local laws to protect users and ensure transparency. Bitget’s failure to do so raises serious doubts about its credibility.
Additionally, the absence of any verifiable office address or contact details further supports allegations of it being a scam. Such practices are common among fraudulent platforms to evade accountability. The inaccessible website only worsens the situation, leaving users stranded without answers.
Conclusion
Based on the above Bitget review, the platform shows all the signs of being a scam. Users are advised to avoid engaging with unregulated exchanges and conduct thorough research before trusting any platform with their digital assets.
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