BitMake Global presents itself as a trusted crypto exchange, yet it doesn’t reveal any legal information, such as contact details, addresses, founders, or registration details. That’s always a bad sign for any investment firm.
But there will be many more that will help you after reading this honest BitMake Global review. Don’t fall for investment scams because of a lack of knowledge. Keep reading carefully.
| Regulated by: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | Bitmake.global |
| Have Warnings from: | ASIC, CONSOB |
| Registered in: | N/A |
| Operating since: | 2024 |
| Trading Platforms: | Web-based |
| Maximum Leverage: | 1:125 |
| Minimum Deposit: | N/A |
| Deposit Bonus: | Not available |
| Trading Assets: | Cryptocurrencies |
| Free Demo Account: | No |
| How to Withdraw from This Company? | Considering warnings from CONSOB and ASIC it’s understandable we can’t expect withdrawals from this exchange. That’s why we suggest you immediately contact us for refund options and advice about the CipherTrace tool that can help you track your stolen crypto. |
Legal info: Is BitMake Global Legit or a Scam?
If you are unsure if the company is legit or not, just check their regulations. In the crypto world, companies are required to have Digital/Virtual Asset Service Provider (DASP/VASP) licenses. Of course, with BitMake Global, that’s not the case. Instead, they were found on multiple warning lists. Nothing less but on the ones from Australian ASIC and Italian CONSOB.
After these warnings, we can only expect this company to disappear with traders’ money. But if you keep reading this BitMake Global review, you can learn how to recognize fraud before it gets on a warning list.
Who are BitMake Global’s Victims?
The first sign the company can’t be trusted is a lack of BitMake Global reviews. Yet, they claim to have more than 6 million users worldwide. The company also claims to have been established in 2018, which is another lie since the domain age shows it was January 2024.
Anyway, we’ll have to rely on the company’s website analytics to discover their target areas. Those are primarily:
- United States
- Romania
- Canada
Of course, this list will expand as time passes. However, sharing your opinion and experience in the comments below can help shut them down faster. You can also simply reach out to us directly to get refund advice.
Leverage, Commissions, Spreads, Fees and Taxes
The BitMake Global crypto exchange has fairly transparent trading fees of 0.2% and leverage of up to 1:125. But the problem was never trading cryptos on a virtual platform. Instead, it was withdrawing the profit.
On the positive side, withdrawal rates are also transparent starting at 0.0005 BTC for Bitcoin withdrawals. Thus, these rates can be changed periodically. Anyway, without a license, none of those details can be trusted.
Bonuses
In most cases with crypto exchanges, bonuses are offered as giveaways or airdrops. Mainly to promote new coins and tokens.
Generally, platforms don’t provide special clauses on how traders can use those bonuses. But with scam exchanges, anything is possible. Luckily, with BitMake Global exchange, no such offers are currently available.
BitMake Global Trading Features
One of the key trading features of this platform was leveraged trading. With an insanely high leverage of 1:125 and highly volatile cryptos, that’s a recipe for a disaster. Not to mention, the platform doesn’t offer any advanced analytical tools that can help you make educated decisions.
Trading Platforms Available
Sadly, the BitMake Global app is not available in the form of software. It’s only a web-based platform with limited buying options, timeframes, and history of transactions. If you were expecting analytics or anything more than that, look for another company on time. But make sure to avoid BBSlimited.
Available Trading Assets
Even without BitMake Global login credentials, we can check what assets they offer. On the positive side, there are dozens of cryptos available, starting with:
- BTC/USDT
- ETH/USDT
- AAVE/USDT
- HBAR/USDT and many more
Account Types
One key trick the company uses to manipulate traders is its VIP/Premium account. A VIP account includes personal account managers, 5-10 trading signals per day, and fast withdrawals. But that should be allowed for anyone if the company was making money through fees.
The main problem here is that the deposit requirement for a VIP account is not disclosed. Yet, every trader that gets more than 0.05 BTC on their account within one month of registration needs to activate VIP. That’s how they force people to deposit more money. But with a highly suspicious web-based BitMake Global wallet, we wouldn’t recommend it.
Mobile Trading App
According to the company’s presentation, a mobile app should be available soon. However, with these already-proven scams, that most likely won’t happen. You can only expect them to shut down this website and come back again with a different name.
To find out what else you should look for, check our Wallbitex review as well.
Demo Account
Even though the platform access is fully transparent, no virtual funds are available for trading. Fairly, that’s not a big deal if they only offer exchange services. However, they also offer leveraged trading. Therefore, it would be more than recommended.
Education
With the lightning-fast expansion of cryptocurrencies, it’s important to understand everything about them. That’s why proper education can make a whole lot of difference. With BitMake Global scam company, that’s science fiction.
BitMake Global Withdrawal
With quite suspicious VIP programs, a lack of regulations, and untrusted platforms, withdrawal issues are inevitable. Also, we have to remind you of warnings against the company. Consequently, we can’t expect anything good from this experience.
Even though the withdrawal fees are transparent, they can be changed at any time. Not to mention, the company can make other excuses to prolong or decline withdrawal requests.
Customer Support
Another huge problem is a lack of contact options available. Most likely, this firm has been using encrypted communication apps like Telegram. Even though the app is becoming more and more popular, with such untrusted companies, it’s a clear sign to avoid them.
Key Information To Consider About BitMake Global
We’ve said it all already. Regulation is the key. Everything else falls down the drain without it. But if you don’t know if that’s relevant, check the aforementioned warnings and see for yourself. All in all, we are here for you since we know how it is to be scammed.
That’s why our refund team offers consultation about the refund options. Yours is just to contact us and book your free first meeting. Everything afterward depends on your decisions. Either you forget about your money or continue with a refund. There’s no third option. To see what you can do, get in touch today.
FAQ Section
What is BitMake Global?
BitMake Global is an anonymous crypto exchange that has been operating since January 2024.
Is BitMake Global Regulated?
No. BitMake Global is not regulated anywhere, instead, they are found on a warning list of Australian ASIC and Italian CONSOB.
What is CipherTrace?
CipherTrace tool makes tracking crypto transfers way easier and helps our refund experts with the recovery process scammed victims apply for with us. Contact us for more details.
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