Warning: Is Bitsoft 360 a Scam?

Investigation: Bitsoft 360 (bitsoft360.com)

Bitsoft 360 (bitsoft360.com) has been identified as a probable scam platform.

We found that the company name is BITSOFT360 APP LTD, it is located at 380 Jalan Besar Singapore 209000, the phone number is '+6595553209, and the support email is info@the-bitsoft360app.com.

Bitsoft 360 presents itself as a investment firm, but it appears currently not authorized by any top-tier commission, like the ASIC or CySEC.

Scammed by Bitsoft 360?

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Safety Analysis: Bitsoft 360

Our investigation shows that Bitsoft 360 is missing a valid license.

Investing with unregulated brokers is extremely risky. Trusted firms are must be authorized with agencies like the SEC, ASIC, or FCA to ensure consumer safety.

Bitsoft 360 operates without this protection. As a result, there is no safety net if they withhold your funds. Many online scams involve unlicensed actors, and getting back money from them is challenging without professional help.

For example, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In the US, they are not part of SIPC, meaning your capital is completely exposed.

Common Scam Tactics

Online trading fraud is evolving. Criminals use social engineering to steal your savings. Here are common methods used by sites similar to Bitsoft 360 (bitsoft360.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal tactic where scammers groom victims over weeks. They build a relationship online. Eventually, they mention a "lucrative" investment. It is a lie to lure you onto a fake platform .

Rigged Platforms

Scammers create websites that mimic real trading apps. You see graphs and balances that increase. But it is a game. The scammer manipulates the prices to convince you so you invest more. If you ask for a payout, the "profits" disappear.

Other Warning Signs

• Cold Calling: They call you from "brokers" you don't know.
• No License: The company has no authorization.
• Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
• Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Ignore fake reviews. Scammers frequently post their own 5-star reviews to appear real.

Conclusion

We advise against Bitsoft 360. It is likely a scam. Save your funds and find a regulated broker. Avoid bitsoft360.com at all costs.