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BitWell Review 2025

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Brief Look at BitWell

BitWell, a cryptocurrency exchange founded in 2020, raises several red flags. Despite its Singaporean origins, the exchange is registered in the Seychelles, a jurisdiction known to harbor numerous scam brokers.
BitWell does not have a license from reputable financial authorities, which casts doubt on its reliability. The exchange's website only provides a user agreement, omitting crucial legal information about the company, its license, or address.
Online reviews frequently mention investment losses with BitWell. Traders complain of artificial obstacles to withdrawing funds, with the exchange inventing various fees, insurance requirements, and fines to delay the process and minimize payouts. In some cases, BitWell clients have been unable to recover their funds altogether.
BitWell is an exchange with a dubious reputation, and engaging with it could result in financial loss. It is advisable to seek out more reliable and proven platforms for cryptocurrency trading.
Due to numerous complaints and questionable activities, BitWell has been blacklisted by Forex brokers.

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Pavelwnq
2 years ago

Bitwell is an exchange whose online reviews warn not to deal with it. I did not know this before, so I opened an account here. I was personally attracted by the possibility of trading in the spot market. Actually, I did not cooperate with them for long, I immediately did not like the fact that I could not get through to the support. There is no one to ask what you need, but there is something to ask, since the site is generally incomprehensible.

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Ingvarbund
2 years ago

BitWell quotes are inaccurate. As for the execution of orders, I also have a lot of comments - deals are opened for a very long time. In general, the company is not suitable for normal trading, it is better to look for something better.

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AshleyKi
2 years ago

I have been trading at BitWell for a long time, several years ago. I didn’t like it, the conditions are unfavorable, and in general this crypto broker is not decent and not reliable. Trading in the terminal is very mediocre, everything constantly freezes. I would not recommend opening an account here.

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