Bit-Wise (bit-wise.co/en) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 41225013107
Addresses: 400 Montgomery St San Francisco CA 94111, US; 10 Lower Thames Street London EC3R 6AF UK This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.bit-wise.co.
If you are reading this considering Bit-Wise (bit-wise.co/en) - run. I wish I had read more negative reviews after hearing about them at a conference. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Dividend tracking|Helpful community forum
Cons: Cannot customize dashboard fully|No crypto staking
The platform at Bit-Wise (bit-wise.co/en) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Full transparency|Personal attention
Cons: Account statements could be more detailed
Bit-Wise (bit-wise.co/en) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Quick verification|Good mobile app
Cons: Could offer more webinars|No fractional shares
Do not use Bit-Wise (bit-wise.co/en) for anything serious. I used them since early this year for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Good mobile app|Smooth onboarding|Wide product range|Good analytical tools
Cons: Inactivity fee applies after 12 months|Account statements could be more detailed
I opened an account with Bit-Wise (bit-wise.co/en) for a few weeks now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Regular updates|Copy trading available|Tax reports included
Cons: Limited social trading features
The so-called education at Bit-Wise (bit-wise.co/en) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since last summer thinking they would help me learn.
Pros: Low minimum deposit|Social trading features|Excellent charting
Cons: Currency conversion fee exists|Could offer more webinars