Is Bit Wise a legit dealer?

https://www.bit-wise.co/

No, Bit Wise is not a legitimate broker.

Bit Wise claims to operate in the UK, US, and Switzerland but lacks the necessary regulatory proof, raising concerns about its legitimacy. Its absence from the financial regulators' lists in these countries suggests it may operate without proper oversight. Furthermore, the Federal Financial Supervisory Authority (BaFin) has issued a warning that Bit Wise conducts unauthorized banking and financial services and is not supervised by them. This warning provides compelling evidence of the broker's non-compliance.

Given these circumstances, Bit Wise cannot be considered a safe trading environment for its customers. Investors risk losing their funds to this potentially fraudulent platform without any effective means of obtaining a refund. Therefore, it is strongly advised to avoid unlicensed brokers like Bit Wise and instead opt for fully regulated ones.