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BiteBTC Review

16

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Poor

Revainrating 2.5 out of 5  
Rating 
2.5
Crypto Exchanges

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Description of BiteBTC

Fedlio is an exchange from the same folks who operated BiteBTC, an exchange with mixed user reviews. With Fedlio being the successor to the BiteBTC exchange, management did inform that that all accounts, balances, transactions, and other data have been transferred to Fedlio. Additionally, Fedlio is assuming all obligations to return the funds that were frozen at BiteBTC.

Reviews

Global ratings 16
  • 5
    1
  • 4
    3
  • 3
    1
  • 2
    5
  • 1
    6

Type of review

There are some exchanges in the market that provide many opportunities and ensure safe use. However, some of them have never been able to win public approval because they are reserved to offer promising opportunities. The BiteBTC alternative really seems to be a safe change for me. However, while some of them were holding back to present important moments, a small number were unable to win the trust of their customers. In fact, the BiteBTC alternative seems to me to be distrustful. First of…

Pros
  • There are many ways to buy.
  • Multilingual help.
  • There are cheaper options.
  • The transaction rate is zero.20% in the general sector.
  • Available and easy to use.
  • It is very safe and comfortable to use as a newcomer, but to capture.
Cons
  • Consumer relations are not large.
  • KYC inspection is required.

There are a few trades in the market that give numerous chances and guarantee safe use. Notwithstanding, some of them have always been unable to win public endorsement since they are saved to offer promising freedoms. The BiteBTC elective truly is by all accounts a protected change for me. Notwithstanding, while some of them were keeping down to introduce significant minutes, a modest number couldn't win the trust of their clients. Indeed, the BiteBTC elective appears to me to be wary. As a

Pros
  • There are numerous approaches to purchase.
  • Multilingual assistance.
  •  There are less expensive choices.
  • The exchange rate is zero.20% in the overall area.
  • Accessible and simple to utilize.
  • It is exceptionally protected and agreeable to use as a novice, yet to catch.
Cons
  • Purchaser relations are not enormous.
  • KYC assessment is required.

There are numerous trades available that offer numerous highlights and guarantee to offer safe use. Notwithstanding, while some of them keep on offering the highlights they guarantee, some have never acquired client trust. BiteBTC trade truly seems like an unreliable trade to me. Above all else, KYC check is needed to make a record, and it's quite alarming. Since another client just necessities to enter his private data to make a record without completely knowing the trade. Exchanges can be

Pros
  • easy to utilize.
  • exchanges are quick.
  • There are many buying alternatives accessible.
  • multi-language support.
Cons
  • exchange charges have flown.
  • There isn't a lot of client relationship.
  • KYC check is required.

Revainrating 2 out of 5

I do not recommend anyone to use it and create an account.

There are many exchanges on the market that offer many features and promise to offer safe use. However, while some of them continue to offer the features they promise, some have never gained user trust. BiteBTC exchange really sounds like an insecure exchange to me. First of all, KYC verification is required to create an account, and it's pretty scary. Because a new user only needs to enter his private information to create an account without fully knowing the exchange. Transactions can be made

Pros
  • simple to use.
  • transactions are fast.
  • There are many purchasing options available.
  • multi-language support.
Cons
  • transaction fees have flown.
  • There is not much user relationship.
  • KYC verification is required.
  • There is no detailed information about the developers.
  • the support team did not respond.

Revainrating 3 out of 5

Beware of Bitebtc is a scam.

Cryptocurrency investors really need to be cautious this days because there are lots of scammers in the name of exchange. One of such is Bitebtc. Bitebtc was established in 2018 by First time LLC in Seychelles. There is no information about it being registered. The exchange support multiple crypto currency. The exchange offers a platform that does not only support cryptos but it also support flat to crypto exchange. For deposit it allow bank wire and cryptos. Unfortunately the exchange has

Pros
  • The transaction fee of 0.20% is within the industry standard
Cons
  • The exchange is already labelled a scam due to the dissatisfaction from it's users

Revainrating 1 out of 5

BiteBTC

BiteBTC's exchange platform is a small exchange platform that offers dubious services on its platform in general since they do not provide important information About its developers or its storage within its interfaces, it is one of the main disadvantages of this exchange in addition to having many bad reviews about its service. They have different forms of deposits including credit and debit cards It has multiple disadvantages, so other platforms are recommended to carry out transactions so a

Pros
  • accepts credit and debit card deposits
Cons
  • KYC need to function
  • For ethereum token withdrawals ethereum is needed to pay the cost of the transaction

Revainrating 2 out of 5

BiteBTC

This exchange platform is one of the smallest on the market, in addition to having a large number of complaints and negative comments from multiple users on the internet about its operating services. This platform has really high fees on its withdrawal transactions, this exchange platform has a bad reputation and is characterized as a dubious platform, for registration requires personal data and verification of the user being a platform that does not clearly provide complete information on its…

Pros
  • debit and credit card deposit
Cons
  • Retirement religions are relatively high
  • You need KYC to operate.

Revainrating 4 out of 5

BiteBTC

BiteBTC this is an exchange that was created from Fedlio. This has opinions that are mixed from the users, this is one of the platforms that gives the user access to be able to make a deposit in a different way, but nevertheless in each operation of this the interest rate is very high so it is not highly recommended to use it. Supports transfer through Swift, in addition to deposit with debit card, credit. In my opinion, this is not a very good option since your information is not very clear…

Pros
  • Good idea for available and easy to use keys.
Cons
  • -In order to withdraw tokens from the Ethernet platform, you must have ETH available to pay the fees.

Revainrating 5 out of 5

BiteBTC is a cryptocurrency exchange from Singapore.

BiteBTC is a cryptocurrency exchange from Singapore. On 7 August 2018, the exchange announced that they were relocating their legal seat to another country and that they were considering off-shore jurisdictions, such as Seychelles or Gibraltar. We have however not heard any update on which choice the exchange ultimately made in this regard.

Pros
  • Exchanges store a massive amount of valuable personally identifiable information.
Cons
  • Different exchanges have different trading views.

Revainrating 1 out of 5

Small exchange with bad reputation.

This is a small exchange with multiple forms of deposit of funds, although it is varied in that sense it is not worth it due to its high costs for withdrawal transactions including some conditional currencies. It also has multiple negative reviews on the network related to the malfunction of this platform. In general this exchange is doubtful, they ask for personal verification but there is not much information about their developers, or members of the group that make this project possible…

Pros
  • Accepts transfer via Swift, in addition to deposit with debit / credit card.
Cons
  • You need KYC to operate.
  • Retirement faiths are relatively high.
  • To be able to withdraw tokens from the Ethernet platform you must have ETH available to pay the fees.
  • No information updated since 2019 in the news section.  

Revainrating 1 out of 5

How I Recovered Everything

It has been hard losing a lot of money to binary options and Cryptocurrency trading. My money has now been recovered, thanks to a recovery boss. You can reach me to share my experience and how I had my money recovered. Maggiealder12 [at] gmail_com

Pros
  • Very reliable and easy to use as a new comer but that's the catch
Cons
  • Excuses when it's time to withdraw

I lost about 3.2BTC in March, I sent complaints to Central Bank of Bahrain (CBB); Bureau of Consumer Financial Protection (BCFP, USA); Financial Conduct Authority (FCA, UK). But none of them took action. I encountered many difficulties trying to get my money back, after many failed attempts, my BTC payouts were processed with the help of wealthwatchs,com - a leading financial intelligence. My numerous questions were answered in a prompt, accurate and considered manner.

Pros
  • They make no attempt to alert you if you don't use the funds you place with them before they take those funds without telling you they are doing so...perhaps my withdrawal request said pending for more than 6 weeks before it finally got denied.
Cons
  • They sure accept funds easily enough with a swift registration process. Very, very difficult to withdraw from the company. Note: If you want to withdraw, you must have $3,500 trading volume minimum on your account. They do not write rules about withdrawal, they just said you must verify your account using ID or Passport and after you already verify your account and try to withdraw, you will see the new rules about withdrawal and its various conditions.

Revainrating 1 out of 5

the worst exchange in the world

the volume of this exchange is very dubious very high fees and withdrawals is almost impossible make exchange the worst in the world pay attention to your money and don't invest in this exchange

Pros
  • A very wide choice of crypto
  • Prices is interesting for the arbitration
  • Good idea for faucets available and easy to use
  • Offers a lot of price cut and airdrops
Cons
  • very high withdrawal fee
  • nonexistent support
  • many people have had their accounts blocked or disabled for no reasons
  • money withdrawal almost impossible

Alright so first of all I realized that I could not withdraw after depositing when a token called Etheera (ETA) increased in value and I want to take profits. Either BiteBTC or Etheera manipulated the markets and prevented all users from selling, yet we could buy... After the price went back way down, they allowed trading. My word to users who are serious about trading is to stay away from BitBTC. This is my honest review.

Pros
  • I cannot really find anything good to say that would allow me to use BiteBTC again honestly. This is by far the worst exchange I have used.
Cons
  • First of all this exchange has poor customer support, and it's hard to get your money out once you get it. Another huge concern is that their fees are extremely high. They are too greedy! I also spotted some price manipulation on when using them.

The jury is still out I'm not sure if my problems are resolved and a solution is found to the problem I will like it very much If I lose my money I wont have nice things to say!

Pros
  • The arbitrage is great.
Cons
  • The only problem is getting USD out of the exchange. I've been waiting almost weeks for a wire transfer and the customer service responses are scripted, or so it seems!