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Bitseven is a Crypto CFDs trading platform. Their marketing materials claim that Bitseven.com provides high liquidity, state of the art matching engine, high security, low fees and convenient ways to deposit and withdraw funds.
Minimum deposit required to start trading is 0.001BTC.
Deposits and withdrawals can only be made in Bitcoin. Leverage provided by Bitseven is 100X.
The platform is run by a company called BitSeven Global Trading Limited.
They allegedly have offices in Hong Kong, Switzerland and Belize respectively.
Is Bitseven.com legit?
Based on their locations, I can say that this Crypto CFDs broker is an offshore-based company.
With that in mind, I can conclude that the broker is not regulated and depositing money with them is extremely risky.
Therefore, the answer to the above question is that indeed Bitseven is not legit.
Should you invest with Bitseven?
Trading is not a matter of buying low and selling high and vice versa.
You have to actually learn trading or use tools that can automate the process for you.
Some of the best tools used here can trade a wide variety of markets.
You can also take advantage of training materials on that page to learn how to start trading for consistent profits.
With regards to whether you should invest with this Crypto trading service, the answer is No. Don’t invest with this service.
They are not licensed and that means their customers’ funds are at risk.
Money invested by their customers is never kept in segregated account.
This means that if the company goes under, it will disappear with investors’ money.
Furthermore, the reason Bitseven is a potential scam is that ownership details of the company is scanty.
BitSeven Global Trading Limited does not look like a registered company yet but simply the name of a business.
Their owners are currently anonymous.
Bitseven is a scam Crypto investing website. Their website is designed to look attractive for the sake of scamming gullible investors.
They claim to provide Bitcoin leverage trading service that we can trust.
However, their documents are not in order and so is their reputation.
In fact, this looks likes a get-rich-quick scheme. When you actually send them your Bitcoin, this service will never return it to you.
The only thing you can do now is to avoid it. Thanks for reading our review.