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Is the trading site itbit-pro.co a scam?

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does anyone have knowledge of the crypto world?  it the site itbit-pro.co   a credible site?  Will they allow you to withdraw funds?

"ItBit was the first crypto exchange to be licensed by the New York State Department of Financial Services, ensuring a certain level of security and insurance for customer assets.5 It also maintains FDIC insurance, as well as insurance for its PAXG coin and a set of standards to secure custodial assets.11 ItBit has taken steps to become one of the more trusted crypto exchanges on the market."

 

https://www.investopedia.com/itbit-review-5220978

25 minutes ago, TheAppletons said:

"ItBit was the first crypto exchange to be licensed by the New York State Department of Financial Services, ensuring a certain level of security and insurance for customer assets.5 It also maintains FDIC insurance, as well as insurance for its PAXG coin and a set of standards to secure custodial assets.11 ItBit has taken steps to become one of the more trusted crypto exchanges on the market."

 

https://www.investopedia.com/itbit-review-5220978

 

And FTX was licensed by CFTC

Years ago itBit exchange was one of the most reputable in the States- based in New York. They had clout with the SEC and followed the rules re KYC/ AML regulations. Then they were taken over by Paxos. 

 

I tried looking at the itBit pro website you mentioned above but could not find the url. 

 

Go to the Paxos website because it is legitimate and be careful with other websites. 

 

 

  • Popular Post

The domain itbit-pro.co is 64 days old with zero information as to who is behind it. Pretty sure your coins/money will be lost.

Is the Whatsapp/Line/Telegram group you were luckily invited to putting pressure on you? or was this a girl via tinder etc..?  Are you getting fear of missing out since everyone else in the group is going to the moon  :cheesy:

No, it is not to be trusted. Not enough age, and only people that are riding on a formerly used name by the company named Paxos today.

  • 1 month later...
23 hours ago, ruwanshaa said:

Thanks for the information!

 

Navigating the world of online trading, especially in the realm of Compound Trading Forex, requires vigilance and due diligence. In the discussion about whether the trading site ItBit ProCo is a scam, it's essential to approach with an open mind. From my experience and research, I've found that thorough investigation and community feedback play crucial roles in validating a platform's credibility. Engaging with platforms that prioritize transparency and user security can significantly enhance your trading journey.

It's about finding the right partners who align with your trading strategy and goals. Let's continue to share insights and experiences to foster a safer trading environment for everyone.

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