As can be seen, BVVE presents itself as one of Europe’s leading exchanges. The problem with this is that the company is absolutely anonymous. It doesn’t share ownership details, founders, or any relevant legal information.
Can we truly trust these companies? This honest BVVE review reveals all the secrets. Make sure to remember our advice because it can be applied all over the trading world.
Regulated by: | No regulations |
Is This Company Safe? | No |
Known Websites: | https://bvve.homes/; https://t2940761.com/; |
Have Warnings from: | N/A |
Registered in: | N/A |
Operating since: | 2023 |
Trading Platforms: | WebTrader |
Maximum Leverage: | N/A |
Minimum Deposit: | N/A |
Deposit Bonus: | N/A |
Trading Assets: | Cryptocurrencies |
Free Demo Account: | No |
How to Withdraw from This Company? | Withdrawing funds from a company with non-transparent legal details and missing licenses is a mission impossible. If you already sent some cryptos, contact our refund experts to present you possibilities of CipherTrace in the refund process for crypto transfers. |
Legal info: Is BVVE Legit or A Scam?
In the first place, the BVVE company is trying to mislead traders into thinking it is a legitimate firm. They even lead to the unregulated crypto exchange Bitvavo—but not the original and trusted Bitvavo.com. Instead, it is some random domain with unregulated services.
Not to mention this company is not regulated anywhere. Primarily not in the US or Germany where they mainly promote their services. In addition to that, if they are so trusted company, why don’t we see any BVVE reviews?
Who are BVVE’s Victims?
Without regulations, the company won’t hesitate to scam traders all over the world. But this is obviously looking for whales. Their most targeted countries are:
- Germany
- United States
- Australia
- Netherlands
With this in mind, we strongly recommend all traders share their experiences in the comments section below. Ultimately, our refund experts can analyze it and offer adequate solutions. Especially if the key problem is withdrawals.
Leverage, Commissions, Spreads, Fees and Taxes
It’s important to realize that the BVVE trading firm doesn’t reveal any trading-related fees. In addition, it appears some details are hidden and masked in their footer. That’s clearly not a good sign. All in all, without transparent conditions, you can only expect issues.
However, even if the company shares the conditions, we can’t trust any of those without adequate regulations. You can prove that with our honest Csecrypto.co review.
Bonuses
When it comes to welcome bonus deals, the BVVE exchange doesn’t have any. That’s in one way positive since we all know how bonuses with unregulated companies work. If you don’t, make sure to read our Prime Quotes review and find out.
BVVE Trading Features
Since the company claims this brand is operated by Bitvavo, it’s not surprising the main feature here is the BVVE mining. As can be seen, traders were funding this mining program and raised allegedly $80 million in the first round.
However, if this program was so successful, shouldn’t it be more popular?
Trading Platforms Available
The platform here is web-based, which is never good. In general, such platforms are often manipulated by the company’s staff to make traders believe fictive results. That’s almost always the case with unlicensed firms. Consequently, traders can understand why nobody trusts BVVE Bitfarm features.
Available Trading Assets
With the 3.0 technology development, the BVVE DeFi mining has become even more advanced. This leads to faster mining of popular cryptos like:
- Bitcoin
- Ethereum
- Litecoin
However, this company’s main goal is to make traders believe in and invest in allegedly proprietary BVV tokens. Since Blockchain Valley Virtual already has the BVV token in the market, we wonder what other name they will try to steal.
Account Types
In general, trusted exchanges rarely condition traders to deposit more money or have a bigger trading volume to get some benefits. In some cases, that can be quite useful. But with companies that are not licensed, it’s only a trick to deposit more money. Especially if the company is forcing purchases of proprietary tokens. Therefore, watch out for it.
Mobile Trading App
Surprisingly, the company truly offers iOS and Android mobile apps. However, these can’t be found in any trusted store. Primarily because the name of the app is taken by a legitimate firm.
Instead, with this exchange, traders download APK files directly from the company’s website.
Demo Account
To be fair, even with some top-tier exchanges, we can’t see a demo account offered. However, those companies have transparent fees and costs. That’s why with this firm, it would make a big difference.
Education
If traders only knew how cryptos work, they would never look at companies like BVVE. That’s exactly why we can’t get here any proper education from this firm.
Instead, we recommend traders opt for top-tier licensed firms and learn more about cryptos first.
BVVE Withdrawal
Considering zero transparency, missing regulations, and withdrawal policies, troubles are inevitable with this firm. Traders often overlook the fact the company is not regulated, primarily because they are lured with fictive profits. However, once they require withdrawals, all kinds of issues occur, starting with verification, AML laws, non-existent fees, etc.
Instead, they should simply keep in mind that all the funds they are sending to unregulated firms end up straight in their pockets. All the profits presented on their platforms are fairly fictional. In a nutshell, there’s nothing to be withdrawn.
Customer Support
If a customer seeks assistance for whatever reason, the only way to reach the company is via e-mail. That’s not the most convenient option when you are trusting someone with your money. Anyway, without working hours revealed, traders might wait for a response forever.
Key Information To Consider About BVVE
The most disturbing detail is that this firm is trying to clone legitimate exchanges. That’s a deal-breaker for any experienced trader. Even if they don’t do that, their services are absolutely non-transparent. In the end, traders can only expect issues. When those happen, it’s crucial to react on time and don’t let swindlers vanish with your money.
Unfortunately, we’ve all been in the same situation when someone tricked us for money. But once you know the way to recover it, it’s way easier. If you also want to get your money back, our refund experts offer a free first consultation regarding refund options. Book yours today!
FAQ Section
What is BVVE?
BVVE is an anonymous crypto trading company presenting itself as a trusted exchange that is cloning legitimate company Bitvavo.
How Much Are BVVE Fees?
The fees with BVVE company are not transparent. Consequently, traders can expect fees made up when the company needs it.
How to Get a Withdrawal From My BVVE Account?
With zero transparency, traders can’t expect clean withdrawals with this firm. At first glance of a withdrawal issue, we suggest you talk to our experts about the refund options.
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