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BitFlip Review

17

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Terrible

Revainrating 1.5 out of 5  
Rating 
1.7
Crypto Exchanges

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Description of BitFlip

BitFlip is a full-fledged service that offers the possibility of profitable and comfortable trading in digital coins, continues to grow, increasing the number of its customers. BitFlip supports many ?traditional? fiat currencies: USD, EUR, RUB, THB and UAH. So, its users can buy coins directly with cash, or cash out their cryptocurrencies. Of course, these transfers come with a price (see details below).

Reviews

Global ratings 17
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    2
  • 4
    0
  • 3
    1
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    3
  • 1
    11

Type of review

Revainrating 1 out of 5

Don’t change here with your biggest advantage, the exchange is closed.

BitFlip should no longer be a mass change. The service is now closed and there is no possibility of resurrection. The modern website is up for sale. It has no information, just a hyperlink to a customer’s purchase page. While extraordinary exchanges continue to be special, they are long used for fast-paced shopping and promotions, small shopping expenses, and a time-honored parade. Before the alternative was shut down, one or the patron could not extract its difficult sources for a long time…

Pros
  • That is to say, they went away with respect for a long time.
Cons
  • I have seen the memory and the website shut down due to the wrong methods of the government.
  • It’s one side of why they work so badly.

Revainrating 1 out of 5

My thoughts about BitFlip

Hello there. The review I will write today will be about BitFlip. BitFlip is a Russia-based crypto exchange created in 2017. Although this exchange had greater experience than many of the exchanges today, it soon went bankrupt and closed all of its accounts. Today, the official website of the exchange has been sold and we cannot access the exchange in any way. I could not find any official explanation for the reason BitFlip was shutting down. But if we look at customer feedback, recently…

Pros
  • I don't think it has a good side
Cons
  • Thanks to the wrong strategies of the authorities, the exchange is now closed and the website is not accessible.
  • Probably fraudulent, because I could not find any official explanation for the closure of the exchange
  • When the exchange was operating, it did not attract people's attention, so the customer base was also small

Revainrating 5 out of 5

Active platforms like this cannot be over looked.

It is amazing to know that this digital platform has now been permitted on Cfinex and bitFex to allow trading on USD,RUB and BTC as well. They few charges for any transactions isn't more than 0.25% and with this multiple transactions can be carried out consecutively. In addition to this, bitflip has updated options on BCH withdrawals which are now available for users now. For you to be able to withdraw the funds you need use new addresses and start it with bitcoincash. It is prefix…

Pros
  • It offers speculated bonus rewards.
  • It is available on two active market.
  • It is fast and reliable.
  • It supports fee rates of roughly 0.15-0.25%.
Cons
  • There's none for this review.

Revainrating 1 out of 5

The exchange was forced to declare itself bankrupt and shut down its operations.

Meet the promising cryptocurrency exchange BitFlip. First of all, it should be noted that this platform was launched on June 17, 2017. BitFlip Limited is registered in Hong Kong. Date of foundation: August 29, 2017. She began her work in modern development trends by analogy with exchanges (Binance and KuCoin) by issuing her FLIP tokens (more details in the ICO subsection). From the first days of its existence, BitFlip has been positioned as a very ambitious project designed to chall

Pros
  • The site is very user-friendly and simple, which is good for new users.
Cons
  • The main problem with the BitFlip exchange is the short period of work. Because of this, there is so much mistrust. Professional traders who plan to constantly trade large amounts pay great attention to the choice of the site, therefore they prefer the more well-known resources.
  • Some users say they cannot contact support or confirm registration. BitFlip tries to solve all the problems and make the crypto exchange as convenient as possible

Revainrating 1 out of 5

BitFlip: Try not to change here with your greatest benefit, the trade is shut.

BitFlip should at this point don't be a mass change. The assistance is presently shut and there is no chance of revival. The advanced site is available to be purchased. It has no data, simply a hyperlink to a client's buy page. While phenomenal trades keep on being uncommon, they are for quite some time utilized for high speed shopping and advancements, little shopping costs, and a revered procession. Before the option was closed down, one or the supporter couldn't extricate its troublesome…

Pros
  • In other words, they disappeared with deference for quite a while.
Cons
  • I have seen the memory and the site shut down because of some unacceptable strategies for the public authority.
  • It's one side of why they work so severely

Revainrating 1 out of 5

Don't trade here for your best benefit, it's closed on an exchange

It is stunning to see that this high level stage is presently permitted to be traded on Cfinex and bitFex in USD, RUB and BTC. The base installment for any trade isn't over 0.25% and this huge number of trades can be finished consistently. Essentially, bitflip has refreshed the issue of BCH, which is presently accessible to clients. The exchanging stage I will manage today ends up being an illustration of a truly shut exchanging stage this time around. This exchanging stage is known as the…

Pros
  • Website cannot be accessed
Cons
  • The company is no longer profitable

Revainrating 1 out of 5

The reason they are closed is because they are bankrupt.

Bitflip Trade was founded in Russia by Dmitry Kuzmenkov and Vladimir Kosenko in 2017. A Crya report from CryptoWisser says it has been shut down due to sources deletion and deletion. If a single exchange is still unique, it is used to parade a fast-paced trade that cares for low trading fees and time. Before closing one exchange, one or two customers were unable to extract their troublesome sources for a long time. He also emphasized the need to focus on trade, and said that it was even more…

Pros
  • there is no positive side.
Cons
  • I didn’t like the project

Revainrating 2 out of 5

To your greatest advantage, don't exchange here, the trade has been shut down

Bitflip Trade was established in Russia by Dmitrii Kuzmenkov and Vladimir Kosenko in 2017. The trade is not, at this point available and practical, from a news in CryptoWisser the trade was said to have been shut down because of absence of assets and Liquidation. The trade while still dynamic, used to flaunt low exchanging charges and quick exchange handling time. Prior to shutting of the trade, a few clients actually couldn't pull out their assets prompting lasting misfortune. The trade whi

Pros
  • There is no sure part of the trade
Cons
  • The trade has shut down

Revainrating 2 out of 5

Bit flip exchange is not useful stay away!

The exchange does not provide enough information therefore it was quite difficult to acquire information on the exchange. Bitflip was launched in 2017 as a centralized exchange. Because of insolvency, the exchange ceased its services. While still operating, the exchange was utilized to offer inexpensive trading costs and quick transaction processing. Messaging the support staff was more stressful, I never had any kind of feedback from the customer support representative after sending the…

Pros
  • The exchange does not have any positive aspect to be written about
Cons
  • The company is no longer useful stay off
  • The website is currently inaccessible it's better to stay away from this kind of exchange in order to avoid getting scammed

Revainrating 1 out of 5

BitFlip Exchange platform Has Closed Down

Some exchange platforms that don't exist any longer don't seem to be scam as they have Authentic reasons for closing down. Some of these reasons might be due to bankruptcy, poor management and some other times, regulations from the country they are presently registered in. The exchange platform I would be reviewing today happens to be an example of an exchange platform that have closed down, but this time, honestly. This exchange platform is known as BitFlip exchange platform. It happens to be…

Pros
  • The exchange platform closed down honestly
Cons
  • The exchange platform don't exist anymore

Revainrating 3 out of 5

BitFlip Is Gone, But Their Legacy Remains

There are some exchange platforms that have gone out of service honorably. These types of exchange platforms are the types I honor and accord a whole lot of respect to. An example of a much respected exchange platform to me is the BitFlip exchange platform. BitFlip is an exchange platform that has the great country of Hong Kong as its domicile country. The exchange platform seems to be quite honest in the way they do things and that has made me accord a lot of respect to them, not minding the…

Pros
  • I am giving them two extra star ratings because of what they did, that is, honorably leaving
Cons
  • The exchange platform is no more

Revainrating 1 out of 5

The Cause Of Their Close Down Is Because They Went Bankrupt

So many things seem to happen in the world we live in, these things are what we turn into stories. Some of these stories happens to be happy stories which leaves us a smile or a tear of joy while others are sad one which makes people regret or try to correct their ways. There happen to be a sad story I discovered about a platform on the blockchain network and I thought it right to make a review about the company involved. The exchange platform is known as BitFlip. ButFlip is an exchange…

Pros
  • There's none
Cons
  • The exchange platform no longer functions

Revainrating 1 out of 5

There is no clear side to trade.

BitFlip is no exception as a public trade. This is another help that is currently closed and cannot be restored. The current page has now been discounted. It has no information, just a link that changes the page that customers will receive. Bitflip One Exchange was founded in Russia by Dmitry Kuzmenkov and Vladimir Kosenko in 2017. Thea is currently unavailable and does not work, with CryptoWisser reporting that it has no assets and is closing a trade due to Bankruptcy. There is no information…

Pros
  • The page cannot be accessed.
Cons
  • Unable to join the organization.
  • Aa Closes due to Chapter 11.
  • The space is empty.
  • Aa closed.

Revainrating 1 out of 5

BitFlip: No Available. The Dominium is on Sales

BitFlip is neither available as a public exchange. It is just another service now closed and without possibilities of coming back to life. The current site where it was available is now on sale. It has no information of any type, but just a link that redirect users to a site where to buy it. However, it is not recommended for anyone as it might be part a scam. In fact, the site has resulted itself in a scam. The entire page was fraudulent. It didn't have a solid ICO, and neither a stable…

Pros
  • This service has no positive aspects that could be shared.
Cons
  • It has faced strong negative aspects that placed the company as a basic project.
  • The company is not available. The services has been closed. The Dominium of the page is empty.

Revainrating 2 out of 5

In your best interest, don't trade here, the exchange has been closed down

Bitflip Exchange was founded in Russia by Dmitrii Kuzmenkov and Vladimir Kosenko in 2017. The exchange is no longer accessible and functional, from a news in CryptoWisser the exchange was said to have been closed down due to lack of funds and Bankruptcy. The exchange while still active, used to boast of low trading fees and fast transaction processing time. Before closing of the exchange, some users still weren't able to withdraw their funds leading to permanent loss. The exchange which also…

Pros
  • There is no positive aspect of the exchange
Cons
  • The exchange has closed down

Revainrating 1 out of 5

An exchange that ran bankrupt...

Bitflip is a centralised exchange which was launched in 2017. The exchange has closed down its services due to Bankruptcy. The exchange waa launched in Russia but registered and incorporated in HongKong. There is little information about the exchange so getting information about the exchange was very hard. The exchange also kept on having reduced daily trading volume before it finally shutdown. Contacting the support team was more of a stress, after messaging the contact group in email i never…

Pros
  • The webpage isn't accessible
Cons
  • The exchange is closed, due to Bankruptcy
  • The exchange kept on recording reduced trading volume before it closure

Revainrating 5 out of 5

Many payment methods supported

A Hong Kong-based crypto-exchange whose founders seem of Russian origin, BitFlip offers trading in many cryptocurrencies and also accepts fiat currencies. While its trading fees are attractively low, one cannot say the same about the fiat transfer charges.

Pros
  • Download for ios and android.
  • Cryptocurrency is available for deposit method.
  • Many altcoins available for trade.
Cons
  • Bank wire and cards not accepted
  • No info about the company,storage of client funds.