Unveiling the Truth: Bitvestment Review – CFDs vs Real Cryptos Scam

17. June 2023 By admin Off

Bitvestment Review – Is it Scam? – CFDs and Real Cryptos

Introduction

Bitvestment is an online investment platform that offers both CFDs (Contracts for Difference) and real cryptos for trading and investing. In this review, we will explore the various features of Bitvestment, compare it with other investment platforms, and determine whether it is a legitimate investment opportunity or a scam. As a cryptocurrency expert, I will provide insights on the advantages and disadvantages of Bitvestment and help you make an informed decision.

Bitvestment Overview

Bitvestment was founded in 2017 and is based in London, UK. It is a trading platform that offers CFDs and real cryptos for trading and investing. Bitvestment prides itself on offering cutting-edge technology, competitive pricing, and excellent customer support.

Some of the features of Bitvestment include a user-friendly interface, a mobile application for trading on the go, a wide range of trading instruments, and competitive fees. Bitvestment also offers a demo account for traders to practice their skills before investing real money.

Compared to other investment platforms, Bitvestment stands out for its user-friendly interface, competitive pricing, and a wide selection of trading instruments. However, it is important to note that Bitvestment is not regulated by any financial authority, which may be a concern for some investors.

Bitvestment CFDs

CFDs or Contracts for Difference are financial instruments that allow traders to speculate on the price movements of various assets, such as stocks, commodities, and cryptocurrencies. CFDs do not require investors to own the underlying asset, but rather they trade on the price movements of the asset. CFDs are known for their leverage, which allows traders to amplify their profits, but also increases their risk.

One of the benefits of trading CFDs on Bitvestment is the ability to trade on a wide range of assets, including cryptocurrencies, stocks, and commodities. Bitvestment also offers competitive leverage and tight spreads, which can increase the potential profits for traders.

However, trading CFDs also comes with risks, including the potential for significant losses due to leverage and market volatility. It is important for traders to understand the risks and use risk management strategies, such as stop-loss orders, to minimize their losses.

To trade CFDs on Bitvestment, traders need to open an account, deposit funds, select the asset they want to trade, and then enter a position on the price movement of the asset. Traders can use various tools, such as technical analysis and charting, to make informed trading decisions.

Bitvestment Real Cryptos

Real cryptos, on the other hand, are actual cryptocurrencies that investors can buy and hold for the long term. Investing in real cryptos is considered less risky than trading CFDs since investors own the actual asset and are not subject to leverage and market volatility.

One of the benefits of investing in real cryptos on Bitvestment is the ability to invest in a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Bitvestment also offers competitive pricing and allows investors to withdraw their coins to an external wallet.

However, investing in real cryptos also comes with risks, including the potential for significant losses due to market volatility and regulatory changes. It is important for investors to conduct their own research and invest only what they can afford to lose.

To invest in real cryptos on Bitvestment, investors need to open an account, deposit funds, select the cryptocurrency they want to invest in, and then hold it in their account or withdraw it to an external wallet.

Bitvestment Fees

Fees are an important consideration when choosing an investment platform since they can eat into your profits. Bitvestment charges various fees, including spreads, overnight fees, and withdrawal fees.

Spreads are the difference between the buying and selling price of an asset and are charged on every trade. Bitvestment offers competitive spreads that vary depending on the asset being traded.

Overnight fees are charged on positions that are held overnight and are based on the size of the position and the interest rates of the underlying asset. Bitvestment offers competitive overnight fees for its CFDs and real cryptos.

Withdrawal fees are charged when investors withdraw their funds or cryptocurrencies from their Bitvestment account. Bitvestment charges a fixed fee for withdrawals, which varies depending on the cryptocurrency being withdrawn.

Compared to other investment platforms, Bitvestment offers competitive fees, especially for its CFDs. However, it is important to note that fees can vary depending on the asset being traded and the size of the position.

Bitvestment Security

Security is a crucial consideration when choosing an investment platform, especially in the cryptocurrency space where hacks and thefts are common. Bitvestment takes various security measures to protect its clients' funds and data.

Bitvestment uses SSL encryption to protect its website and user data. It also uses two-factor authentication to secure client accounts and prevent unauthorized access. Bitvestment also stores the majority of its clients' funds in cold storage, which is offline and inaccessible to hackers.

To protect your Bitvestment account, you should use a strong password, enable two-factor authentication, and avoid sharing your login credentials with anyone. Bitvestment also recommends that users use a unique email address and password for their Bitvestment account and avoid using public Wi-Fi when accessing their account.

Compared to other investment platforms, Bitvestment offers robust security measures that are on par with industry standards.

Bitvestment Customer Support

Customer support is an important consideration when choosing an investment platform since it can help resolve issues and answer questions. Bitvestment offers various types of customer support, including a live chat feature, email, and phone support.

To contact Bitvestment customer support, users can click on the live chat feature on the website or send an email to support@bitvestment.com. Bitvestment also provides a phone number for users to call if they need assistance.

Compared to other investment platforms, Bitvestment offers excellent customer support that is responsive and helpful.

Bitvestment Scam – Is Bitvestment Legit?

Scams are a common occurrence in the investment space, especially in the cryptocurrency space. It is important to identify the warning signs of a scam investment platform and avoid them. Some warning signs include promises of high returns, lack of regulation, and poor customer support.

Bitvestment is not regulated by any financial authority, which may be a concern for some investors. However, it has been in operation since 2017 and has a good reputation in the industry. Bitvestment also offers competitive pricing and excellent customer support, which are positive signs.

Based on our review, we can conclude that Bitvestment is a legitimate investment platform that offers both CFDs and real cryptos. However, investors should conduct their own research and invest only what they can afford to lose.

Bitvestment User Experience

User experience is an important consideration when choosing an investment platform since it can affect the ease of use and accessibility. Bitvestment offers a user-friendly interface that is easy to navigate and use.

Bitvestment also offers a mobile application for trading on the go, which is a convenient feature for traders who are always on the move. The mobile application is available for both iOS and Android devices and offers the same features as the web-based platform.

Compared to other investment platforms, Bitvestment offers a good user experience that is on par with industry standards.

Conclusion

Bitvestment is a legitimate investment platform that offers both CFDs and real cryptos. It offers a user-friendly interface, competitive fees, excellent customer support, and robust security measures. However, it is important to conduct your own research and invest only what you can afford to lose.

FAQs

  • What is Bitvestment?
    Bitvestment is an online investment platform that offers both CFDs and real cryptos for trading and investing.

  • Is Bitvestment a scam?
    Based on our review, Bitvestment is a legitimate investment platform. However, investors should conduct their own research and invest only what they can afford to lose.

  • How does Bitvestment CFDs work?

To trade CFDs on Bitvestment, traders need to open an account, deposit funds, select the asset they want to trade, and then enter a position on the price movement of the asset.

  • How to invest in real cryptos on Bitvestment?
    To invest in real cryptos on Bitvestment, investors need to open an account, deposit funds, select the cryptocurrency they want to invest in, and then hold it in their account or withdraw it to an external wallet.

  • What are the fees on Bitvestment?
    Bitvestment charges various fees, including spreads, overnight fees, and withdrawal fees. Fees can vary depending on the asset being traded and the size of the position.

  • How to contact Bitvestment customer support?

Users can click on the live chat feature on the website or send an email to support@bitvestment.com. Bitvestment also provides a phone number for users to call if they need assistance.

  • How to identify a scam investment platform?
    Warning signs of a scam investment platform include promises of high returns, lack of regulation, and poor customer support.

  • Is Bitvestment legit?
    Based on our review, Bitvestment is a legitimate investment platform. However, investors should conduct their own research and invest only what they can afford to lose.

  • What is the user experience on Bitvestment?

Bitvestment offers a user-friendly interface that is easy to navigate and use. It also offers a mobile application for trading on the go.

  • How to protect your Bitvestment account?
    To protect your Bitvestment account, you should use a strong password, enable two-factor authentication, and avoid sharing your login credentials with anyone. Bitvestment also recommends that users use a unique email address and password for their Bitvestment account and avoid using public Wi-Fi when accessing their account.