Bitflip Review

Overview

Bitflip is a new financial project, which has already proved itself in the market. It offers a profitable trade in cryptocurrencies.

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Details

Broker Bitflip
Website URL bitflip.cc
Founded 2017
Headquarters Hong Kong
Support Number Live chat, email
Languages Russian, English
Free Demo Account No
Account Types Standard
Deposit Methods Bank cards (Visa, MasterCard), Yandex Money, ePayments, Advcash, Perfect Money, Payeer, QIWI, Webmoney, Payoneer, Interkassa, Skrill, Capitalist, etc.
Withdrawal Methods Bank cards (Visa, MasterCard), Yandex Money, ePayments, Advcash, Perfect Money, Payeer, QIWI, Webmoney, Payoneer, Interkassa, Skrill, Capitalist, etc.
Number of Assets 10+
Types of Assets Bitcoin, Litecoin, Ethereum, Ripple, DASH, Dogecoin, BitcoinCash, FLIP, Revain, Remicoin, Bitcoin Gold, RaiBlocks, Tron, etc.
Account Currency RUB, USD, EUR, etc.
US Traders Allowed No
Mobile Trading Yes
Overall Score 9.7/10

Additional Information

  • Number of users - more than 67000 people
  • Exchange Commission: yes
  • Trading volume: more than 88.08 BTC/day
  • Channels of communication: online chat, e-mail Telegram, Twitter, Facebook, ВКонтакте, Instagram
  • The possibility of exchanging for fiat currencies: yes
  • Number of crypto-currencies: more than 10
  • Types of crypto currency: Bitcoin, Litecoin, Ethereum, Ripple, DASH, Dogecoin, BitcoinCash, FLIP, Revain, Remicoin, Bitcoin Gold, RaiBlocks, Tron, etc.
  • Autotrading Yes
  • Mining: yes
  • Training: no
  • Analytics yes
  • Affiliate Programs: yes
  • Bitflip API: yes

Full Review


The Bitflip exchange is a new, but already successful financial project. It’s a full-fledged service that offers a possibility of profitable and comfortable trading in crypto coins. It keeps developing, constantly increasing the number of its customers.

Certainly, you wonder whether Bitflip is a pure fraudster or it’s a trustworthy financial resource, which guarantees safe trading in cryptocurrencies, high income and fast withdrawal of funds. We’ll try to answer this question of yours here below.

Bitflip Review

BitFlip is a new trading platform and a successful startup. It’s rapidly developing and constantly gaining momentum, being a vivid example of an innovative approach among crypto exchanges. Its creators, professional IT specialists had a rich experience in large financial companies.  Such a fast and successful start of the platform became possible thanks to the ICO campaign, which appears to be an investment in the project from the interested audience. The campaign was successful, which prompted the developers to start the second stage of fundraising. Up to 300 BTC were announced. The sum was required to support and develop the resource. Participating in the ICO project, you could buy FLIP coins, which are traded on the platform and should appear on other crypto exchanges. If the trader’s wallet contains these ICO tokens, he or she has the right to receive dividends from the platform.

Today, the resource proceeds with its development, the site bitflip.cc came up with an updated roadmap for the project. The support service takes questions and suggestions from users. The site is aimed at customers with different levels of preparation for trade. Advantageous terms attract not only traders, but also miners. Among the advantages of the site bitflip.cc one should mention a large selection of digital coins (learn here how to make money on cryptocurrencies), support of fiat money, a simple principle of work.

The Bitflip exchange was warmly received by users as a promising financial project, which they’ve been waiting for so long in the crypto exchange market. In the comments traders positively point to its openness and constant development, convenience and reliability. The platform supports Bitcoin, Litecoin, Ethereum, Ripple, DASH, Dogecoin, etc., fiat money (euros, dollars, thai baht, etc.). It’s very convenient to work on this platform. It became possible due to the support of native languages, a simple and intuitive interface, unique functionality and a bunch of great options. The size of the commission for users depends on the total volume of transactions for 30 days. In other words the more trades, the smaller the commission will be. Users can create crypto wallets to store digital coins, participate in trading and quickly withdraw capital in a way convenient for them. The official site bitflip.cc has both a web version and a convenient mobile platform. Active users can make use of the exchange’s chat where it’s convenient to learn from other users about market sentiment, ask for advice.

Today the BitFlip exchange is an innovative project for trading, but also an example of successful investment in the development of the company. The organization pays great attention to the security of user information and their funds. All data is securely encrypted, a two-level authentication is introduced. Before you get down to trading, it’s necessary to undergo an easy registration procedure, which occurs very quickly, and there’s no a long verification procedure.

 

Replenishment and withdrawal of funds

The advantage of the bitflip.cc exchange is that it offers many different ways of replenishment and withdrawing of funds, which are comfortable for any trader. Transactions are available to the user after passing the registration. In order to conduct transactions with money, you need to go to the section of the site «Wallets». When withdrawing earnings from the system, it will be necessary to confirm the information via a SMS message or using the Google Authenticator, which is a security requirement.

You can replenish or withdraw funds in the following ways:

  • Bank cards (Visa, MasterCard),
  • Payment terminals (Yandex Money, ePayments, Advcash, Perfect Money, Payeer, QIWI, Webmoney, Payoneer, Interkassa, Skrill, Capitalist, etc.).

 

Complaints about Bitflip

Today Bitflip is dynamically gaining momentum and becoming more popular with Internet users. Customers positively mark it as a worthy financial product. Among its advantages one should mention  its constant development and addition of new functionality, convenience for both newcomers and professionals, low commissions, a good interface, support of fiat money, different cryptocurrencies, a large selection of currency pairs for trading , the transparency of financial operations, substantial support, availability of information about the company, active chat, an opportunity to work anonymously because the verification procedure is not necessary, a possibility of automatic trading and participation in the sales of project tokens. Users note that the site has already proved the transparency of its operations, so Bitflip can’t be regarded as a scam. The representatives of the exchange are actively working on the forums, analyzing the comments of traders and answering their questions.

If we talk about the negative aspects of Bitflip, the reviews from traders often point to the withdrawal of earnings, feedback from technical support, impossibility to communicate in the company’s chat without replenishing their trading accounts, insufficient promotion of the resource and a low turnover of funds, which leads to unprofitable trades (inflated quotes).

If we find complaints about BitFlip, we will post it on social media. Follow us to be well informed:

 

Regulation of BitFlip

BitFlip Limited, which owns the BitFlip crypto exchange, has a legal registration in Hong Kong (registration number: 2571823). It operates in accordance with the laws of that state. Today the organization does not have a license to carry out activities with cryptocurrencies, but it does everything possible to ensure maximum safety of its site.

When using the resource, users must follow its rules. So, it is forbidden to use an account to transfer money to third parties, insult other traders, use statements that propagate ethnic strife, violence, etc., distribute malicious links, sponsored links. In case of violation of the rules, the user’s account can be blocked without explanation. Making trades with the help of third-party funds, traders are automatically liable to third parties for the funds provided, while the platform itself does not participate in such disputes. Providing its clients with a platform for work, the company guarantees the confidentiality of user information. Additionally, automatic protection from fraud is available, so at any time the trader’s deposit can be frozen for inspection for a period of 24 hours to 30 working days.

Read the Terms of Service on the Bitflip website

 

Is Bitflip a scam?

Bitflip is a promising exchange, a new ambitious project, which was fairly positively received by market traders. A crypto exchange with a substantial approach to work – that’s what many users were waiting for. Today it keeps developing, constantly improving its service, and many participants have already spoken positively about it. When talking about it as a successful project, people often point to its openness and the fact that the Bitflip Exchange is actively developing. Another positive sign is a newly-published roadmap, which is constantly updated.

The project team consists of professional developers who offer their users maximum convenience and opportunities. A comfortable and informative site bitflip.cc, which is intuitive for any trader, timely technical support by managers, a possibility of automatic earnings – all of this allows you to concentrate on more important things and significantly facilitates trading in cryptocurrencies (the whole truth about cryptocurrencies is here). Digital coins are stored in free crypto wallets. The system offers many options for conducting transactions.

The availability of strong competitors in the market of digital coins in many respects sets the pace of development of this project, which is expected to provide as many opportunities as possible to the modern trader. The developers seriously approached the issue of guaranteeing the security of trading on the platform. So, all information about the user is reliably protected, the data is encrypted, double authentication is offered. Their website provides clients with analytical data and communication in live chat.

Bitflip, reviews of which are numerous on the Internet today, is a long-awaited and, of course, ambitious project. On the thematic forums you can find enough reviews about it. Among the positive moments, it is worth noting the positive dynamics of the development of the site, which fulfills obligations to traders, and also transparency, reliability and security, openness of information about the company, constant communication with technical support managers, automatic trading, support of popular cryptocurrenices currency.  By the way, you see the company’s representatives on the forum. They deal with users’ complaints.

On the Internet you can read negative reviews about the service. Traders point to problems of withdrawal of funds, lack of feedback from technical support, inability to communicate in live chat without depositing funds to their accounts, low volume of funds. Is Bitflip a scam? We will answer this question in the negative. It’s because the new project has already managed to prove itself among users. It keeps develop rapidly. It keeps an active dialogue with its clients, offering them a comfortable trade in cryptocurrencies.

 

Conclusion

Bitflip is a promising cryptocurrency exchange, which actively gains momentum. It’s an innovative and functional platform, capable of reaching the forefront of the crypto market, leaving its competitors behind. The platform offers profitable trading, fast capital withdrawal, fast technical support, etc. The developers seriously approached the issue of security by implementing data encryption, two-level authentication and confirmation of operations via sms, etc.

Despite the service proceeds with its development, adding new options, users already positively evaluate it in the comments on the web. Concluding our review of the crypto exchange, we won’t label it as a scam. However, real feedback from traders about the bitflip.cc exchange, we are waiting for, will not only warn players of the market about possible problems of the site, but also influence its rating on our portal.

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