- Mar 30, 2022 The Swiss FINMA Added Bitcoin Convert into Its Warnings
On 31 Mar 2022, the Swiss FINMA issued a warning that Bitcoin Convert may be carrying out unauthorized services and is not supervised by FINMA. You may visit: https://www.finma.ch/en/finma-public/warning-list/bitcoin-convert/
- Apr 18, 2022 BrokersView has reviewed that Bitcoin Convert is an Unregulated Forex Broker
Bitcoin Convert claims it is a reliable trading online broker founded in 2010 with a decade of experience in the financial markets. However, when we checked its domain, we found it was created on 6 May 2021. So how could it start its business in 2010? It is a red flag here.
Besides, Bitcoin Convert claims it has offices in Switzerland, Cyprus, and United Kingdom. According to this info, we searched some regulatory authorities, including:
1) The UK Financial Conduct Authority (FCA);
2) The Swiss Financial Market Supervisory Authority (FINMA);
3) The Cyprus Securities and Exchange Commission (CySEC).
However, we did not find any match results to Bitcoin Convert in FCA, FINMA, and CySEC. What's more, FINMA issued a warning that Bitcoin Convert is carrying out unauthorized services without any regulation. That means Bitcoin Convert is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
Bitcoin Convert claims it is a reliable trading online broker founded in 2010 with a decade of experience in the financial markets. However, when we checked its domain, we found it was created on 6 May 2021. So how could it start its business in 2010? It is a red flag here.
Besides, Bitcoin Convert claims it has offices in Switzerland, Cyprus, and United Kingdom. According to this info, we searched some regulatory authorities, including:
1) The UK Financial Conduct Authority (FCA);
2) The Swiss Financial Market Supervisory Authority (FINMA);
3) The Cyprus Securities and Exchange Commission (CySEC).
However, we did not find any match results to Bitcoin Convert in FCA, FINMA, and CySEC. What's more, FINMA issued a warning that Bitcoin Convert is carrying out unauthorized services without any regulation. That means Bitcoin Convert is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
- Jul 10, 2022 BrokersView has found that Bitcoin Convert is not working
BrokersView found the domain https://www.bitcoin-convert.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
BrokersView found the domain https://www.bitcoin-convert.com/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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