Bitchaintify (bitchaintify.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: app.bitchaintify.com.
What really bothers me about Bitchaintify (bitchaintify.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a forum discussion and I fell for the polished exterior. Never again.
Pros: Instant funding|Clear documentation
Cons: Wish they had more educational resources|Website design could be more modern
I lost a significant amount because Bitchaintify (bitchaintify.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Smooth onboarding|Customizable dashboard
Cons: Limited ETF selection|None so far
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Bitchaintify (bitchaintify.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Regular updates|Intuitive for beginners|Dividend tracking|Professional team
Cons: Research section could be deeper|No live chat on mobile
The spread at Bitchaintify (bitchaintify.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a review site like this one and initially thought the platform was good - until I started trading seriously.
Pros: Multi-currency support|Automated trading options|Regular platform improvements|Good mobile app
Cons: No fractional shares|Minimum deposit could be lower
Bitchaintify (bitchaintify.com) locked my account without warning and demanded documents I had already submitted. since I opened my account last year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Demo account available|No hidden fees|Intuitive for beginners
Cons: Search feature is basic|Limited cryptocurrency options