ANSWER Dear Investor,
As you suspected, Chainpilot is indeed a scam.
The company behind the platform is almost anonymous, with the website failing to disclose any useful company information to ensure transparency. This anonymity makes it challenging to hold them accountable if any issues arise. They can easily disappear at any time without being traceable. We haven't found any valid licensing information to suggest that Chainpilot is properly authorized or supervised. The Federal Financial Supervisory Authority (BaFin) has also noticed these issues and issued a warning about Chainpilot, advising investors to stay away from it.
Therefore, we strongly suggest you avoid using Chainpilot. For a safer trading environment and peace of mind, it is recommended to opt for fully regulated brokers instead.
See more