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

Here we will tell you if we believe that CONSBIT is a safe or unreliable company. Don't miss our full analysis for all the details!

After a thorough analysis of the website, we have looked at every detail and examined the key characteristics that are taken into account when selecting a good broker, such as its location, the company it belongs to, its regulation and its reputation.

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

Basic Information

🌐 Websitecoinsbit.io
🏠 Company* It doesn't mention which company it belongs to.
Regulatory Does not mention being regulated
📧 Email [email protected][email protected][email protected]
📈 PlataformOwn platform
📌 Address Does not mention his address
🕑 Website ageWebsite registered on: 2018-06-13
Company typeCryptocurrency broker

Company: ⚠️ CONSBIT He does not mention his relationship with any company. It is essential to be cautious in the face of this lack of transparency.

Location: ⚠️The location of CONSBIT It is not mentioned, which generates distrust. Trusting a company with no known location is dangerous. Please act with caution.

Our evaluation leads us to express our concern about several characteristics of this company.

What is CONSBIT?

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

Account types

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

Information on the web

CMcapitals website

Here we show you a screenshot of the CONSBIT website, which is coinsbit.io. The capture was made in June 2024.

Contact: phone numbers and email

After having performed an analysis of the website:

– We have found the following phone number: It does not mention your phone number

– We have found the following email:  [email protected][email protected][email protected]

CONSBIT Regulation

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

The situation that the broker presents to us is extremely worrying; It does not offer any information about its regulation. What implications does this have? We are facing an unregulated broker. What does this mean? It means that the broker's clients and their funds are completely unprotected. In other words, if the broker acts fraudulently, you probably won't be able to get your money back. Please be very careful when dealing with these types of companies. Think carefully before sending money, you are trusting a company without any regulation or protection!

🚫 CONSBIT final assessment 🚫

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

Location: There is no information about the location of the company.

Regulatory: The omission of details about its regulation suggests that this company operates without any oversight, reflecting a significant lack of transparency and commitment.

Please remember that the company has been reported by different financial regulators (in this case the FSMA, Belgian Financial Services and Markets Authority). 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.

CMcapitals presents itself as a broker that covers a wide range of financial assets, from indices to cryptocurrencies, stocks and raw materials. Although its location is not specified, this lack of transparency about its operational base creates uncertainty about its legitimacy and commitment to customer security. The absence of regulatory information reinforces these concerns, as it suggests that the company could be operating without oversight, exposing investors to unnecessary risks. Furthermore, warnings issued by financial regulators, such as Belgium's FSMA, underline the need to be cautious when considering any partnership with CMcapitals.

Given the lack of details regarding its corporate affiliation and generous bonus offers, investors should be especially cautious when interacting with this platform. Attractive bonuses, ranging from 30% to 100%, could be a strategy to attract unsuspecting investors, highlighting the importance of doing thorough research before committing to the company. In a financial environment where transparency and security are paramount, CMcapitals' opacity regarding its location, regulation and corporate affiliations should be reason enough to exercise extreme caution before making any investment.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

Updates

News about CONSBIT:

Date Update – news
June 2024Complaint against CONSBIT from financial regulator FSMA, Belgian Financial Services and Markets Authority

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

User Reviews

[democracy id = ”8921 ″]

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

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


How to Claim Money Scammed by CONSBIT

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 CONSBIT

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 CONSBIT?

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 CONSBIT?

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 CONSBIT reliable?

No. CONSBIT is not reliable, it is a very unsafe company: CMcapitals is a company whose location is not specified, which creates uncertainty about its operational basis. Furthermore, it does not provide details on its regulation, suggesting a lack of oversight and transparency. It has been reported by financial regulators such as Belgium's FSMA, increasing caution. It does not provide information about its business affiliation, which denotes a lack of seriousness and transparency. The bonuses offered, which reach up to 100%, are so high that they may be false. Caution is advised when considering any interaction with this company.

How to recover money from CONSBIT?

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 «CONSBIT: opinion and comments – Is it a scam?»

  1. Ian Reply

    This company does not pay. I don't get paid yet, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hi Ian, thanks for writing about CONSBIT. 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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