BitVenus  Broker Alert

BitVenus 

On May 3rd, BrokerComplaintRegistry received notice about a possible scam through its CRM system. Additionally, IOSCO cautions about this possible fraud. BitVenus is a cryptocurrency exchange platform that has been operating since 2018. It offers a variety of popular coins for trading and has a user-friendly online platform for managing assets. The platform has competitive fees offering trading for as low as 0.1%. Details about BitVenus’s regulatory body and license are not available. This lack of transparency can be a red flag. It is also unknown where the company operates. The broker received mixed reviews with some users reporting positive experiences and others expressing concerns about its license. It should be noted that there are lots of negative comments found on internet forums about this broker. 

The low cybersecurity score of 2.54 suggests the importance of exercising caution before engaging with the broker. 

If you have fallen victim to BitVenus, gather all relevant communication records and bank statements, and report the incident to your local law enforcement agency. 

Consider filing a complaint with BrokerComplaintRegistry, as they can assist in further investigation and facilitate the process of fund recovery.