Bit 2 Invest has been flagged by Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". Operating a digital asset exchange (DAX) without registration This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with Bit 2 Invest: (1) They promise unrealistically high returns, (2) They're not registered with Securities Commission, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
The platform itself is okay, but the customer service at Bit 2 Invest is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Good analytical tools|Intuitive for beginners|Portfolio tracking tools|Economic calendar
Cons: Spreads widen during volatile periods
I signed up with Bit 2 Invest after reading several online reviews and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Easy to use platform|Fast deposits
Cons: Some tools only available on higher tiers
I experienced a security concern with my Bit 2 Invest account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Demo account available|Dedicated account manager
Cons: Research section could be deeper|None so far
KYC with Bit 2 Invest is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Real-time alerts|Dedicated account manager
Cons: Slow to add new assets|Would like more payment methods
I trusted Bit 2 Invest with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|Detailed reporting|Automated trading options
Cons: Could offer more webinars|Withdrawal takes 1-2 business days
If you are reading this considering Bit 2 Invest - run. I wish I had read more negative reviews after attending a webinar they hosted. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Dividend tracking|Competitive fees
Cons: Minimum deposit could be lower|Some tools only available on higher tiers
I am in a dispute with Bit 2 Invest over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Low minimum deposit|Educational resources|Great customer service
Cons: No integrated tax optimization|No phone support on weekends
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Bit 2 Invest recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Customizable dashboard|Helpful community forum|Dividend tracking|Real-time alerts
Cons: Limited cryptocurrency options
I want to warn everyone about Bit 2 Invest. They have been flagged by Securities Commission as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Professional looking website
Cons: Blocked my account|No legitimate license|Fake returns