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

In this section we will tell you why You should NOT invest in Bitso. We analyze the website, we observe every detail and we 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…

A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about Bitso and we will tell you why we reached such a conclusion:

Basic Information

🌐 Websitebito.com
🏠 Company*The Badger Technology Limited (International), The Badger Technology Company SAS, The Badger Technology Company Serviços Digitais Ltda. and Bitso, SAPI de CV
RegulatoryNot regulated
📧 Emaildoes not have
📈 Leadingown platform
📌 AddressGibraltar, Argentina, Brazil and Mexico respectively

⚠️ Bitso is owned by The Badger Technology Limited, the company is located in Gibraltar, Argentina, Brazil and Mexico, potentially dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. The company is located in a very unsafe place, be careful. ⚠️

Account types

Now we will analyze the types of accounts that Bitso offers, in this case, we observe that it does not offer types of accounts.

Information on the web

bitso website

Bitso provides a basic explanation about financial products than some live charts, economic calendar, latest news, educational sections and help for novices, video-tutorials, really not much more than this.

List of phone numbers

At the moment we have not found phone numbers.

🚫 Final evaluation of Bitso 🚫

Finally, and in a few words, our recommendation is: DO NOT INVEST WITH Bitso.

As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.

In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!

Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.


News about Bitso:

Date Update – news
June 2023We receive a large number of messages from Bitso clients who claim that they cannot withdraw their capital.

User Reviews

[democracy id = ”809 ″]

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

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

How to Claim Money scammed by Bitso

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 Bitso

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.


How can I report Bitso?

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 Bitso a scam – is it a scam?

Yes. We believe Bitso is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.

Is Bitso trustworthy?

No. Bitso is not reliable, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.

How to recover money from Bitso?

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.

Are there (recommended) alternatives to Bitso?

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

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.

21 comments on «Is Bitso a scam? Opinions of 2023»

  1. Robert Reply

    What a good day

    In the same way, a person in telegram contacted me and seeing that the aforementioned applications are related in Google play, Bitso and Sigen.pro gave me confidence and I started to invest but I am at a stage in which I try to make a withdrawal from Sigen.pro so that the withdrawal reaches my bitso account and they ask me for a deposit to unlock the blockade chain.

    I need to know if these apps are reliable or not please help.

    • Recommended-brokers.com Reply

      Hello Robert, DO NOT PAY ANYTHING, IT IS A FRAUD. They always use fake names, made up, be careful. Thank you for commenting on SIGEN.pro. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.

      If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?

      To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU


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