BTC Chain Review

Read our BTC Chain review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a btc-chain.com review.

Who are they?

After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are notoriously famous for scamming schemes.

So BTC Chain is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

How does it work?

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true, like we will double your initial deposit or you will make $100 per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, people get transferred to a smarter scammer, called a “retention agent”, who will try to get more money out of you.

Withdrawing funds

You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.

If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.

How to get your money back?

If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all you need to keep the emails as a proof that you have been requesting the money back from them but they don’t give it to you, or they delay the process for too long, with the intention of not refunding your money.

The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us.

What about wires?

If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well.

Make sure you leave reviews about BTC Chain in other sites

Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

BTC Chain Review Conclusions

Making the BTC Chain review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our BTC Chain review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected]
If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.

REVIEW OVERVIEW
BTC Chain Review
btc-chain-review-btc-chain-com-scamRead our BTC Chain review carefully to see why we do NOT recommend this broker for trading. Just to clear doubts, this is a btc-chain.com review. Who are they? After taking a look at their website, it shows that they do not fall under any regulating...

6 COMMENTS

  1. They are criminals, every € or $ or bitcoin you send is lost. All they are doing is try to let you send more and more money. There tradingplatform is fake. When i traded by myself, i earned 700k in a few minutes, that is not possible and you can not do wthdrawals, they alwayss refuse it. Stay away from these criminal thiefs.

  2. Are u sure they will even pay me, I come online every hour to collect bonus. I noticed that my referral link doesn’t work. I tried registering three persons tru my referral link yet no way. That is a proof that they may not pay after wasting my time

  3. They are well known Scammers and Criminals who trick naive investors to put money into their trading platform which is off course fake. After a year of trading I tried to withdraw money but the fees they asked to pay as taxes, liquidator fees, some government fees could count in a very big amount. After you pay this amount they disappear. Try to avoid these Scamemrs BTC -Chain and save your money.

  4. Do not put money into BTC-Chain. Within days they contact you to put more in as the returns are supposedly better the more you invest. They contact you via WhatsApp, Email and Phone. When you finally twig what’s happening and look to get your money back the WhatsApp, Email and Phone numbers no longer work. Also my link to their platform now no longer works!

LEAVE A REPLY

Rate the broker
Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.