Bufbtc has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I gave Bufbtc a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Two-factor authentication|Transparent fees|Great customer service|Reliable uptime
Cons: No dark mode on mobile|Wait times can be long during peak hours
What really bothers me about Bufbtc 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 podcast recommendation and I fell for the polished exterior. Never again.
Pros: Real-time alerts|Professional team|Great customer service
Cons: Slow to add new assets
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
My withdrawal from Bufbtc was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since early this year of being strung along.
Pros: Instant funding|Clean UI|Wide product range
Cons: Desktop app not available on Linux|Charting tools need more indicators
I closed a profitable position at Bufbtc and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clean UI|Dedicated account manager|Segregated accounts
Cons: Inactivity fee applies after 12 months|Email notifications too frequent
I was about to invest with Bufbtc but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
I want to warn everyone about Bufbtc. They have been flagged by Financial Markets Authority 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: Initially responsive customer service
Cons: Blocked my account|No legitimate license|Fake returns