✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company BITGO is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about BITGO and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websiteeosteader.top
🏠 CompanyUnmentioned
RegulatoryNot regulated
📧 EmailDoes not have
📈 PlataformOwn platform
📌 AddressUnmentioned
🕑 Website ageWebsite registered on: June 04, 2023
Company typeCryptocurrency Broker

Company: BITGO does not mention which company it belongs to. Be very careful, we noticed a clear lack of transparency.

Location: BITGO does not mention where it is located, trusting a company that does not mention where it is located is very dangerous, please be careful.

We can already tell you that we are concerned about several characteristics of this company.

What is BITGO?

After having carried out an analysis of the company's website, we can say that BITGO is a Cryptocurrency broker.

Account types

The company does not provide information about having different types of accounts.

Information on the web

Bitgo Website

Here we show you a screenshot of the BITGO website, which is eosteader.top. The capture was made in November of 2023.

Contact: phone numbers and email

After having performed an analysis of the website:

This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?

BITGO Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

The broker presents us with a very worrying situation; he mentions absolutely nothing about regulating it. What does this make us think? We are talking about an unregulated broker. What does it mean? This means that the broker's clients and all their money are without any type of protection. That is to say, if the broker has bad intentions, most likely you will not be able to do anything to recover your money. Please be very careful with these types of companies. Think carefully before sending money, you are sending it to a company without any type of regulation or protection!

🚫 Final BITGO valuation 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of BITGO and we have reached the following conclusions about this company:

Location: It is not mentioned where it is located.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

In addition to this the company has pyramidal characteristics, please be careful.

Please remember that the company has been reported by different financial regulators (in this case the CNMV, the Spanish regulator). Use EXTREME CAUTION.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

BITGO raises serious concerns after thorough review. The complete lack of information about the company that operates this platform is a significant red flag. Furthermore, the absence of details on registration and regulation creates uncertainty about the legitimacy and reliability of BITGO.

The opacity in the structure and operation of this platform, along with indications of pyramidal characteristics, pose substantial risks to investors. Financial security is essential when considering any investment platform, and in this case, the lack of transparency creates an environment ripe for potential fraudulent activities.

We strongly recommend that you avoid investing in BITGO. The absence of information about the company, regulation and signs of pyramidal characteristics are sufficient reasons to look for safer and more transparent options in the world of investments.

Pyramid and high-risk investment schemes can lead to significant losses. Safe and successful investing involves choosing regulated and transparent platforms that provide adequate protection to investors.

Remember that the information provided here is with the objective of guiding and preventing possible risks. If you have had negative experiences or have additional information about BITGO, we encourage you to share it to alert other investors and prevent possible scams.

Updates

News about BITGO:

Date Update – news
November 2023Complaint against BITGO financial regulator CNMV.

We note that the company already has complaints from financial regulators. Please be very careful!

User Reviews

[democracy id = ”8996 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with BITGO.

At the end of the review you will find customer comments.


How to Claim Money Scammed by BITGO

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report BITGO

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to BITGO?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report BITGO?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is BITGO reliable?

No, BITGO is not a reliable platform according to our detailed review. The lack of information about the company that operates this platform, the absence of details about its registration and regulation, as well as indications of pyramidal characteristics, raise serious doubts about its reliability.

How to recover money from BITGO?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «BITGO: OPINION AND COMMENTS: – IS IT A SCAM?»

  1. Luis Reply

    This company is a hoax. I assure you, they didn't let me withdraw, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello Luis, thanks for writing about BITGO. Currently this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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