ANSWER Dear Investor,
We strongly advise against engaging with Simply Bit.
Although the company lists two addresses on its website—one in the UK and another in Switzerland—our investigation found no corresponding records in the registries of the Financial Conduct Authority (FCA) or the Swiss Financial Market Supervisory Authority (FINMA).
Additionally, the British Columbia Securities Commission (BCSC) has issued a warning against Simply Bit, stating that it has been providing financial services or products without proper authorization.
Based on these findings, Simply Bit exhibits clear indications of being a potential scam. To protect your assets and personal information, we strongly recommend avoiding any dealings with this company.
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