BitProfit (bitproltd.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: 75 Barker Street Ave Redmond WA 6505 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: bitproltd.com.
I requested my data from BitProfit (bitproltd.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Quick verification|Market news feed|Social trading features|Excellent charting
Cons: Cannot customize dashboard fully|Onboarding videos are outdated
After for close to eighteen months with BitProfit (bitproltd.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Low minimum deposit|Social trading features|Helpful community forum
Cons: No integrated tax optimization|No phone support on weekends
Do not be fooled by the professional-looking website. Behind the scenes, BitProfit (bitproltd.com) is disorganized and incompetent. I found them after comparing multiple platforms and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Educational resources|Automated trading options|Quick verification
Cons: No fractional shares|No integrated tax optimization
I joined BitProfit (bitproltd.com) through my accountant's suggestion and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Clean UI|Regular platform improvements|No hidden fees|Market news feed
Cons: Wish they had more educational resources|Desktop app not available on Linux
The onboarding at BitProfit (bitproltd.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Good analytical tools|API access|Low minimum deposit
Cons: No crypto staking