Bit-global

Bit-Global claims to be a "leading global digital asset trading platform," offering cryptocurrency spot and contract trading, asset management, and quantitative investment services on its website. However, in-depth investigation reveals that the platform lacks any regulated legal qualifications and has not disclosed its company registration information, office address, or key management team, exhibiting extremely low transparency.

Bit-Global's website (bit-global.ltd) uses a minimalist design and a "global blockchain financial ecosystem" as marketing gimmicks to try and project the image of a professional exchange. However, Bit-Global cannot be found in the databases of major authoritative regulatory agencies (including the UK's FCA, Australia's ASIC, Singapore's MAS, and Hong Kong's SFC). This indicates that the platform is highly likely an unregulated, offshore-operated fraudulent cryptocurrency exchange primarily aimed at attracting users to deposit funds.

🌐Global footprint and brand background

Bit-Global claims to be headquartered in Singapore with branches in the UK, UAE, and Europe, but no official documents or business registration information can confirm these claims. Its domain registration information is hidden under a privacy protection service, showing that the website was recently created and has a history of changing servers and registrars multiple times—a common practice for temporary fraudulent platforms.

At the brand level, Bit-Global overuses promotional phrases such as "internationalization" and "global liquidity hub," yet lacks genuine partners and financial support institutions. The platform does not disclose any bank custody accounts, nor does it display security certifications (such as ISO or audit reports). This practice of masquerading as a "global exchange" is often intended to create a credible facade, thereby concealing its manipulation of funds and potential illegal fundraising activities.

💹Trading Products and Services

The platform claims to offer spot and contract trading of mainstream cryptocurrencies such as BTC, ETH, and USDT, while also offering high-yield products such as "quantitative investment" and "daily profit plans." Its promotional materials mention "annualized returns as high as 30%" and "stable returns with no risk," which is seriously inconsistent with the risk disclosure requirements of legitimate exchanges.

Furthermore, Bit-Global's so-called "USDT investment account" and "multi-currency staking yield" fail to explain the source of returns, and no auditing firm verifies the flow of funds. Some users have reported that after depositing funds, their assets cannot be found in actual transaction records on the blockchain, suggesting they are likely just virtual data in the background. Overall, its product design resembles a Ponzi scheme rather than a genuine cryptocurrency trading service.

💻Trading technology and platform experience

Bit-Global's website and trading platform have a rudimentary design, suffer from severe page lag, and lack secure encryption (HTTPS lock). Their so-called "self-developed trading system" cannot be found in any open-source technology community or trading API list, suggesting it may be a front-end interface built using a counterfeit template.

Multiple users have reported on social media and complaint platforms that their account trading interfaces display false price fluctuations, withdrawal buttons are malfunctioning, and transaction records have disappeared. Once investors discover the anomalies after depositing funds, contacting customer service results in lengthy delays with excuses such as "block confirmation in progress" or "system upgrade." This behavior is consistent with the typical operating model of fraudulent exchanges.

🛡️Regulatory compliance and fund security

Upon investigation, Bit-Global does not hold any cryptocurrency financial services license in any country or region. While its website footer states "regulated by global financial institutions," it fails to provide specific institution names or registration numbers, constituting a misleading statement. Furthermore, the platform does not employ a customer fund segregation system; all deposited funds flow directly into the platform's wallet address, controlled by an internal system, making it untraceable for investors.

Even more alarming is that Bit-Global's customer service system and email addresses both use anonymous domain services, and after users request withdrawals, they often refuse to process the funds under the pretext of "processing fees," "account risk control review," or "system upgrade." Since the platform is not subject to any regulatory oversight, these actions are completely illegal but difficult to prosecute .

⚡Transaction Terms and Experience

Bit-Global touts a trading experience with "low fees," "instant execution," and "leverage up to 1:200," but none of these claims have been verified by a third party. Users have widely reported trading delays, severe slippage, and failed order executions; some accounts have even been wiped out without any trading activity. This suggests that the platform may be manipulating the system through manual control or by creating a fake trading environment.

Furthermore, its "Contract Trading" page suffers from fake market data, with chart fluctuations clearly inconsistent with mainstream exchanges (such as Binance, OKX, and Bybit). This phenomenon is common in fake trading platforms with their own internal pricing systems, designed to induce investors to lose money or force liquidation, thereby generating profits for the platform.

🎓Customer Support and Value-Added Services

Bit-Global claims to offer 24/7 multilingual customer support, but actual testing shows that online customer service is frequently offline, email responses are delayed by more than 72 hours, and some contact email addresses are even invalid. Its education and news sections are updated very infrequently, and some articles appear to be plagiarized from market information on other platforms.

The platform did not provide any form of investor education resources or risk management training. Instead, it focused on pushing directional content such as "how to deposit" and "how to get high returns," further confirming that its core purpose was to induce deposits rather than provide genuine services.

⚠️Risk Warning and Platform Positioning

Bit-Global's overall operating model conforms to the characteristics of a typical fraudulent exchange:
① Attracting investors with high returns;
② Smooth initial withdrawals to build trust;
③ Later, accounts were gradually frozen and withdrawals were refused;
④ Ultimately, shut down the website or change the domain name to transfer funds.

Because the platform lacks any regulatory oversight and fund security guarantees, investors' funds will be irrecoverable if the operator disappears or the servers shut down. All trading activities operate in a gray area, posing an extremely high risk.

🔍Comprehensive Analysis and Evaluation

Based on all the information available, Bit-Global has the following serious problems:

• The company's legal entity is unclear, and the domain name hides its registration information;

• It is not subject to any regulatory oversight and poses serious compliance risks.

• User complaints mainly focus on difficulties in withdrawing funds and fraudulent earnings.

• The website has low security and an unstable transaction system;

• Using high-yield wealth management products as bait, it is suspected of operating a Ponzi scheme.

In conclusion, Bit-Global is a high-risk, unregulated offshore platform , and its business structure is highly similar to previously exposed fraudulent exchange cases. Investors should avoid making any deposits, trading, or investment activities on this platform. If losses have already been incurred, they should immediately collect evidence and report the incident to the police and anti-fraud centers.