Bitcoineer Review – Nothing Transparent, And Still They Want Trust

The whole presentation of this investment company goes around the personal account manager. In general, that would be an educated and licensed individual helping you in your trading career.

Yet, without adequate transparency, it’s hard to believe any of those details. Luckily, we are going through everything in this unbiased Bitcoineer review, so you don’t have to.

Legal Info: Is Bitcoineer Legit Or A Scam?

One of the first signs the Bitcoineer app is fraudulent is the lack of regulations. If you didn’t know, all crypto exchanges should have a Virtual/Digital Asset Service Provider license or a local regulation, depending on the jurisdiction. This is preferably issued by a Tier 1 regulator. In general, those authorities are FCA, ASIC, BaFin, CFTC, CONSOB and others.

However, none of these databases hold any information about Bitconeer being licensed. Therefore, all their security promises, account managers, and services become questionable.

Who Are Bitcoineer’s Victims?

Since cryptocurrencies are decentralized, it’s fairly easy to present them anywhere. Thus, the Bitcoineer crypto exchange opted for rich countries like: 

• Austria
• Germany
• Switzerland
• Belgium
• Spain

Knowing that all these countries have strict regulations, it’s a matter of time before this company is exposed. But the regulators can’t do that without your opinion. Therefore, if you have any experience with this company, feel free to leave a comment below. Also, you can contact us directly if you need refund advice.

Investment Costs With Bitcoineer

Important to realize is that this crypto platform is hiding all of its conditions. Primarily, we are talking about maker and taker fees, transaction fees, but also withdrawal fees. Without these, traders can only assume how much investing would cost them.

But when it comes to the day of withdrawal, you should be prepared to be surprised. After all, that’s the whole point of being unregulated.

Bonuses

In general, crypto brokers rarely offer bonus deals. But if they do, those are small amounts. At least, that’s the case with regulated ones. 

On the other hand, the Bitcoineer trading platform doesn’t offer any bonuses. At least not transparently. But if they do offer it to you, make sure to check the bonus policy first. Keep in mind their T&Cs are not hidden without a reason

Bitcoineer Trading Features

As mentioned, the Bitcoineer scam crypto firm mainly focuses on account manager assistance. However, their managers are not licensed or experienced investors. Instead, those are swindlers who will get to know you and see where they can put pressure to get more money from you.

When we are talking about advanced features, we think of social and copy trading, EAs, algo-trading, and AI tools. However, this company doesn’t offer any of these options.

Trading Platform Avaialble

The advertisement on the company’s website shows they are offering a proprietary platform. But without regulation, these platforms are highly suspicious. First of all, because all the data presented on it could be manipulated. Secondly, because such platforms have zero security features.

Available Trading Assets

As can be seen, the company appears to offer up to 20 cryptocurrency assets. But even if they offer a thousand, without a license, that’s worthless. In any case, some of the options are: 

Account Types

Generally, crypto brokers offer various promotions for traders who have higher 30-day trading volume. Definitely worth checking regulated exchanges for such benefits. In return, traders have lower fees and some advanced benefits. 

However, with Bitcoineer company, such benefits are not part of the deal. And you know why.

Mobile Trading App

Another key fact about this company is that they didn’t develop adequate mobile apps. Instead, everything is web-based, which means a lot of trouble. But to see why iOS and Android apps are important in the crypto world, check our Orchidcoin net review.

Demo Account

Another disadvantage of this company is that it is missing a demo account. After all, not even the insight to the platform is available, which makes everything harder. This is especially important because of the Bitcoineer bot presentation. But if they are hiding it, there must be some flaws.

Education

As can be seen, the company is offering 1 on 1 mentoring by qualified professionals. However, nowhere says those professionals are licensed. On top of that, they advertise high-quality training material like videos and guides. 

In general, nothing that you can’t get with any other licensed company. To see some alternative options, check our Worldvex review.

Bitcoineer Withdrawal

Without transparent T&Cs, it’s hard to predict where withdrawal procedures could go.  Since the company is crypto-based, you can expect recommendations for crypto payment solutions. But that’s always a two-edged sword with unregulated firms.

After all, if you don’t know withdrawal processing time and fees, you better prepare your nerves. There are numerous ways swindlers can find to extort your last money. If you want to keep your funds safe, you shouldn’t even think about investing with such companies.

Customer Support

Another key fact is that the company doesn’t offer any contact option to new customers. Instead, you have to register with your e-mail, and they will contact you. In general, that’s not the most convenient way to start a business. With such anonymity.

Key Information To Consider About Bitcoineer

As can be seen, the company is not revealing any of the crucial details for traders. Neither do they reveal any details about the platform, withdrawal procedures, or funds protection. All in all, you don’t have a single reason to trust them. 

But if you already did, don’t worry. Our refund specialists are there to show you the advantages of the CipherTrace tool for crypto transfer tracking. In a few steps, you can discover where your lost crypto is and apply for a refund. To get more details, contact us now.

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