Cryptocurrency Exchanges

Blockbyteq

1.3 (6 reviews)
🇮🇹 Italy
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1.3
6 reviews
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About Blockbyteq

Blockbyteq has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services". Consob has ordered the black-out of the website through which services for crypto-activities are abusively provided This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Password reset broken for weeks

L
Lily B.
1 weeks ago

After since the beginning of the year with Blockbyteq, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.

Pros: Detailed reporting|Reliable uptime

Cons: Limited social trading features

Terms of service are one-sided

J
Jennifer V.
2 months ago

Opened my account with Blockbyteq from a blog post comparing services and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Clean UI|Personal attention

Cons: Live chat only during business hours

Red flags everywhere

O
Olivia J.
5 months ago

Several red flags with Blockbyteq: (1) They promise unrealistically high returns, (2) They're not registered with Commissione Nazionale per le Società e la Borsa, (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.

Pros: Website looks legitimate on the surface

Cons: Flagged by Commissione Nazionale per le Società e la Borsa|Cannot verify credentials

Scam alert - They took my money

M
Maria V.
6 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Blockbyteq is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Pros: Professional looking website

Cons: Lost entire investment|Reported to authorities|Unresponsive

Important information for potential investors

O
Olivia W.
9 months ago

I looked into Blockbyteq and found they appear in the regulatory warnings database. Commissione Nazionale per le Società e la Borsa has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Refund request ignored for months

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Anna S.
11 months ago

Blockbyteq has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.

Pros: Helpful community forum|Quick verification|Multi-currency support

Cons: Wait times can be long during peak hours