✔️ 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
| 🌐 Website | bito.com |
| 🏠 Company* | The Badger Technology Limited (International), The Badger Technology Company SAS, The Badger Technology Company Serviços Digitais Ltda. and Bitso, SAPI de CV |
| ️ Regulatory | Not regulated |
| does not have | |
| 📈 Leading | own platform |
| 📌 Direction | Gibraltar, 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 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.
Updates
News about Bitso:
| Date | Update – news |
|---|---|
| June 2023 | We receive a large number of messages from Bitso clients who claim that they cannot withdraw their capital. |
User Reviews
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.
FAQs
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.
I deposited 262000 Argentine pesos in bitso from there the advisor took me to another app to buy bitcoin from there it showed on the screen that my 700 usd had become 7000 since each investment was multiplied by 10 when he asked me to withdraw I went to that app withdraw According to the person, it would be reflected in my account, it was never like that, neither my investment nor my profit, then he sent me a digital message, crypt saying that in order for all my profits to be deposited, I had to deposit 150000 more pesos, which I refused and they told me there that the profits remained for the company, to date I did not receive anything, this was on January 24, 2023
Hello Juan Manuel, I doubt that the Bitso people scammed you, they were probably the ones from the other app you mentioned, what are they called?
Greetings.
At the beginning everything was very good, now that I have been here for a couple of months, everything is wrong. I DO NOT RECOMMEND IT
DO NOT INVEST
Hello FACUNDO, thanks for writing, we know that BITSO is a widely used exchange in Latin America, you can read a review about them here: Bitso
We would like to know more details from you and also from other BITSO users to see if they work in this unethical and professional way.
Greetings.
Terrible service, no advice, recommendations at the wrong time, lack of profit, high commissions, little utility. of the ugliest falls that the cryptocurrency has had. the application is very difficult, it gets stuck, it takes time to sell
I see that neither offices have little security from the broker. my family and I have trouble withdrawing, any ideas?
Hi Carlos, thanks for writing, we know that BITSO is a widely used exchange in Latin America, you can read a review about them here: Bitso
We would like to know more details from you and also from other BITSO users to see if they work in this unethical and professional way.
Greetings.
I have lost more than 10 thousand usd with this platform, I tried to make a withdrawal and I could not. 6 months have passed and I still have not obtained the little capital that remains. Could you help me or recommend another broker that can advise?
Hi GEH, you can check this link: Broker Ranking.
Greetings.
Bad, 1 month ago I made a cardano deposit, and they never credited the balance, they just said they had 1 connection problem, then they asked for 1 week to fix it, the week passed and they did not solve it, they were contacted and they no longer respond, it really is a scam
Hello Omar, thanks for writing, we know that BITSO is a widely used exchange in Latin America, you can read a review about them here: Bitso
We would like to know more details from you and also from other BITSO users to see if they work in this unethical and professional way.
Greetings.
Yesterday they called me 5589934944, a guy who, in addition to talking fast, started to get nervous when I started asking him questions, where did he get my data? and else. When he told me that he would send information by mail, I refused to give him my e-mail, and he said that they only have the name and sometimes some more information, which made me suspicious, I told him that he was not interested and he told me, we are all interested in being financially independent, right? I said, yes, of course, but I don't think anyone is so interested in my finances as to be called to me, so when I want, I will look for someone to approach. and hang up! I hope they don't call me anymore.
Hi DANIEL, thanks for writing, but we know that BITSO is a widely used exchange in Latin America, you can read a review about them here: Bitso
Could it be that they posed as Bitso and were another broker?
Greetings.
EVERYTHING SEEMS GOOD TO ME, I HAVE WORKED AND I CONTINUE WORKING WITH THEM AND THEY ARE VERY EFFICIENT
Hello community, I did enter with them, I already withdrew money once, now they ask me for more money to make a bigger investment and this is where I am a little afraid that the advisor will tell me to look for options (debt) to enter this investment… I am confused because if I had been working with them well ..
Hello ANASTACIA, thanks for writing, but we know that BITSO is a widely used exchange in Latin America, you can read a review about them here:
https://brokersrecomendados.com/bitso-comentarios-2/ Could it be that you refer to another broker?
Greetings.
So far I have not had any problem ... everything normal and fast when moving the account ..
In the experience that I have with BITSO, everything has been good, the retreats I have made have been all perfect and without delay, I have not detected any problem.
Hi Javier, thank you for writing and providing this information so that our users take it into account.
Greetings.
Everything is excellent, I can't complain about anything, it hasn't been long but the attention has been very good.