Tradebitz.pro has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Starkalt.com. We’ve received over 7 complaints against Tradebitz.pro.
Tradebitz.pro, tempting users with the promise of quick bitcoin payouts, has been uncovered by verified sources as a fraudulent platform masquerading as a legitimate exchange. Using celebrity endorsements and false social media marketing to establish trust, it dupes consumers into making upfront deposits and trapping their funds behind withdrawal limitations. Before engaging with a platform, always check its regulatory status and licensure.
Get Your Money Back From These Scammers!
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Key Takeaways
Is Tradebitz.pro Regulated? Do They Have a License?
In the quickly evolving world of digital money, the attraction of quick rewards has given rise to a slew of platforms promising significant returns. However, not everything that shines is gold, as is the case with Tradebitz.pro.
Numerous trustworthy sources have exposed this platform as a fraud that masquerades as a legitimate bitcoin exchange. Here’s a detailed look at the Tradebitz.pro controversies and hazards.
Tradebitz.pro advertises itself as the latest cryptocurrency trading platform, complete with the trappings of respectability, which are frequently backed by social media advertisements.
These efforts are complex, with some involving the unauthorized use of celebrities to advocate the site. This exploitation of well-known celebrities is intended to mislead users by instilling a false sense of security and credibility.
Another aspect of Tradebitz.pro’s fraudulent activity involves Bitcoin promo codes. These codes are touted as easy and quick ways to generate money, but in reality, they lead naïve consumers into fraudulent transactions. Promo codes are used as bait to persuade customers to deposit funds under the guise of obtaining big returns, only to find themselves caught up in a fraud.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Tradebitz.pro is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Tradebitz.pro, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Concerning Issues Present at Tradebitz.pro
The operation of platforms like Tradebitz.pro presents serious legal and regulatory issues. The lack of regulatory compliance endangers not only consumer rights, but also exposes customers to additional financial risks. Such sites operate outside of the scope of financial regulation, complicating any potential legal action for misled individuals.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Tradebitz.pro Customer Service: Do They Handle Complaints Well?
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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Tradebitz.pro Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Tradebitz.pro tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Tradebitz.pro reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Tradebitz.pro, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Tradebitz.pro enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Tradebitz.pro reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Tradebitz.pro.
You should always look out for consumer complaints. In the case of Tradebitz.pro, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Tradebitz.pro? You can share your complaint in the comment section or submit an anonymous tip.
Is Tradebitz.pro Legit Or a Scam?
Tradebitz.pro is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Tradebitz.pro can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Tradebitz.pro?
Tradebitz.pro represents the darker side of the bitcoin explosion. Taking advantage of the growing interest in digital currencies, the platform has engaged in a number of misleading tactics intended to scam users.
Potential users are highly recommended to exercise caution, undertake extensive research, and avoid any transactions with this platform in order to protect their investments.
All the evidence suggests that Tradebitz.pro is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
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How The Tradebitz.pro Online Scam Works
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
