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Bitblanco

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Operating status: SCAM

Website: https://www.bitblanco.co/; https://webtrader.bitblanco.co

Broker violations and abnormal records
  • 2023-12-25 The CONSOB issued a Warning against Bitblanco

    On 22 December 2023, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bitblanco was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-22-december-2023/718268

    On 22 December 2023, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bitblanco was providing financial services or products without authorisation. You may visit: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-22-december-2023/718268
  • 2023-12-25 BrokersView has Reviewed that ​Bitblanco is an Unregulated Broker

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).

    In addition, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bitblanco was providing financial services or products without authorisation.

    The truth is that Bitblanco is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    Bitblanco is a scam.

    According to its website, it is located in the UK. Upon investigation, no matching information was found in the Financial Conduct Authority (FCA).In addition, the Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Bitblanco was providing financial services or products without authorisation.The truth is that Bitblanco is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.Bitblanco is a scam.

Related Complaints

Q&A

Is Bitblanco's spreads competitive?

Jasper Kiko
Grenada
2024-01-18
ANSWER When choosing a trading platform, the foremost consideration should be the verification of its licenses. Bitblanco, being an unlicensed trading platform, is strongly discouraged for use, irrespective of the attractiveness of its offerings.Despite its claims of being based in the UK, there is no evidence to suggest that Bitblanco is registered with the Financial Conduct Authority (FCA). Furthermore, the Italian Commissione Nazionale per le Società e la Borsa (CONSOB) has issued a warning against Bitblanco and ordered the shutdown of its website due to unlawful activities.Bitblanco's lack of oversight from any regulatory bodies makes it a risky choice for investors, exposing them to potential fraud and identity theft. For a secure trading environment, it is recommended to avoid unlicensed platforms like Bitblanco and opt for those that are fully regulated instead.
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Will transaction fees be charged on Bitblanco if I deposit via e-wallet?

Giorgos Ch
Niue
2024-02-06
ANSWER We strongly advise against depositing any funds with Bitblanco, a trading platform that lacks proper licensing.The Commissione Nazionale per le Società e la Borsa (CONSOB) has not only issued a warning about Bitblanco but also ordered a blackout of its website due to unauthorized provision of financial services or products.These factors raise serious concerns about potential fraudulent activities. Therefore, we recommend investors to steer clear of Bitblanco and similar unlicensed platforms. For the protection of their interests, traders should consider platforms that adhere to stringent regulations.
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