No Regulation

Score

0123456789.01234567890123456789
/10

Bitcoin24

China

|

2-5 years

Suspicious Regulatory License|

Medium potential risk

https://bitcoin24.su/en/?rid=230

Website

Rating Index
Contact
Bitcoin24
https://bitcoin24.su/?rid=230
Influence
E

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

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Company Name
Bitcoin24
Phone of the company
--
Twitter
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Customer Service Email Address
--

WikiBit Risk Alerts

1
Previous Detection 2024-09-19

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

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Time Machine

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Overview of Bitcoin24

Bitcoin24 is a virtual currency exchange that was founded in 2011. The company's registered country or area is unknown, as well as its regulatory authority. The exact number of cryptocurrencies available on the platform is also unknown, as well as the fees and payment methods offered. Additionally, information regarding customer support is currently unavailable. Despite the lack of information in these areas, Bitcoin24 has established itself as a player in the virtual currency exchange market since its establishment in 2011.

Pros and cons

ProsCons
Established player in the virtual currency exchange marketRegistered country and regulatory authority unknown
Exact number of cryptocurrencies available unknown
Fees and payment methods undisclosed
Information regarding customer support unavailable

Regulatory Authority

The regulatory situation of Bitcoin24 is currently unknown as there is no information available regarding the company's regulatory authority or oversight. This lack of regulation can bring several disadvantages to traders.

Security

The security measures and protection provided by Bitcoin24 are not specified or disclosed, making it difficult to assess the level of security offered by the exchange. Without detailed information, it is challenging to determine the measures in place to protect user accounts and funds from potential threats such as hacking or unauthorized access.

However, it is generally advisable for users of virtual currency exchanges to prioritize their own security by following best practices. This includes using strong and unique passwords for their accounts, enabling two-factor authentication whenever possible, and regularly monitoring their accounts for any suspicious activity.

How to open an account?

1. Visit the Bitcoin24 website and click on the “Register” button to initiate the registration process.

2. Provide your personal information, including your name, email address, and password, in the registration form.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Complete the KYC (Know Your Customer) process by submitting the required identification documents, such as a valid ID or passport, to confirm your identity.

5. Set up two-factor authentication (2FA) to enhance the security of your account.

6. Once your account is verified, you will be able to access the Bitcoin24 platform and start trading.

FAQs

Q: What is the advantage of choosing Bitcoin24 as a virtual currency exchange?

A: Bitcoin24 has established itself as a player in the market since 2011, indicating its experience and track record in the industry.

Q: Can I trade a wide variety of cryptocurrencies on Bitcoin24?

A: The exact number of cryptocurrencies available on Bitcoin24 is unknown, making it challenging for users to assess the range of options available.

Q: Are there any hidden fees or undisclosed payment methods on Bitcoin24?

A: Bitcoin24 does not provide information about the fees it charges for transactions or the payment methods it accepts, which can make it difficult for users to understand the costs associated with using the exchange.

Q: Is there customer support available on Bitcoin24?

A: Information regarding customer support services provided by Bitcoin24 is unavailable, which raises concerns about the level of assistance and assistance available to users who may encounter issues or have inquiries.