The website belongs to the company SEBO solutions UAB, which is based in Lithuania and reports having an office in the UK. It should be noted that the owners of the web-resource call it a global service with worldwide access. However, there is no information about the firm’s team of “experienced investors” on the platform, as well as no start date, financial statements and other important documents.
Is it safe and profitable for you to cooperate with this company? In our Bitco Hunters review, we will take a look at its features to determine if this exchange is reliable.
How to Invest
Users can make spot transactions with crypto assets. All of the most popular digital coins are featured in the company’s listing. The following platform features are available to customers:
- Fiat-to-crypto exchange within 120 hours.
- Commission of 5% for buying and selling assets.
- Reward up to 30% of the commission paid by the referral.
The exchange promises to refund the money to the customer within 48 hours if it is unable to complete the transaction. However, a $50 fee will still be retained by the service for transferring funds.
The current rates for 100 types of coins are presented in the “Prices” section of the site. 5 articles are posted on the “Blog” page, but all are published on March 18, 2022.
Bitco Hunters Vital Info
The management of the exchange is completely anonymous. Also, the platform owners do not disclose any facts from its history. As for the start of the project, the only date given in the Blog is consistent with the domain registration date – February 2022.
The company claims to be regulated by FCIS, and is licensed by this Lithuanian financial service. It legally provides cryptocurrency exchange services as a Virtual Asset Service Provider (VASP). Does this information correspond to reality? Possibly, but it is not certain. We found SEBO solutions UAB in Lithuania, which is registered in December 2021, but we did not find any association of this firm with the Bitco Hunters brand. Additionally, the CoinMarketCap search for the exchange yielded no results.
I wanted to exchange 680 USD to Euro on this exchange, but they froze my funds and asked for KYC. I was checking the terms and conditions of this company before the exchange, and I saw that the policy says: “In case the User refuses to go through the AML/KYC procedure, the transaction will be rejected and the crypto-assets will be returned to where they were sent from after 14 days minus any applicable fees (if the funds are not frozen on the host cryptocurrency exchange's balance). The Website service will then block the User's account and blacklist the wallet address (exceptions may apply to the address of a trusted service). That User account will no longer be authorized to use the Website service.” My transaction fell under AML. I refused verification, and they have to cancel the exchange and refund my funds. Bitco Hunters sent my crypto coins for AML verification, but not to the partner exchange, but to some private individual who replied to me in a free text that the money was “dirty”. This was not an official message from the exchange, hence the money was with some crooks and they are holding it without following any rules!!!! Only scam platforms do that.
This resource is the worst you can imagine. The asset prices are unreasonably high. The resource is constantly glitchy, and the technical support operators do not respect customers. I have the feeling that they have absolutely no interest in the prosperity of the exchange. I contacted them at the moment when I couldn't withdraw money because of site freezes. I heard strange answers to my inquiries, and then bitco hunters' employees stopped responding. It's already the second month I'm waiting for my money - 1,258 dollars.
Great! Prompt support service has Bitco Hunters. The staff is very friendly. Exchange rates are always favorable. Thank you very much to the support staff, they quickly resolved my emergency situation and the funds arrived to my account in a timely manner.
I bought 5,640 USDT for pounds sterling via bank card. I deposited the money, but the status “Payment received, please await transfer” has been hanging for 4 hours, even though bitco hunters rules say that the exchange takes place within 5 minutes after payment confirmation. I think that transactions are done in manual mode. I hope the transfer will still be done after the admins wake up :) so I leave a neutral comment for now.
Hi friends. I wanted to highlight a few reasons why you should work with Bitco hunters. 1 – Account registration and verification takes minimal time. You will need to upload your ID and wait. I processed everything in two working hours. 2 – Average commissions for withdrawing fiat money, tokens and for executing exchange transactions. 3 – Account protection is at a high level. Double encryption by code is present. There is also double authentication so you sleep well. I have been working here for over two years and never had any problems!
I am not sure whether I will continue to cooperate with this project, as it has so many disadvantages. The problems start already during account creation. The choice of assets is very poor, as well as payment methods, and withdrawal of money can take several days. Conditions for margin trading are not presented on bitcohunters.com and all the functionality exists only for exchange transactions.
I realized that trading is automatic on bitcohunters.com, where all calculations are made lightning fast, without any extra effort. I withdrew my funds quickly and without problems. The only disadvantage is the commission. I did not expect that such a large amount would be deducted from my honestly earned money.
Verification of the account is a little longer than on other exchanges. But there are no questions about data protection. Bitco hunters are best suited for those who have little experience. The interface is simple and you can not get confused about coins and tokens. The mobile version is very convenient.
AML verification there is dishonest. The exchange blocked bitcoins that I had for about 7 years. The scammers do not return my bitcoins, although they can't be “dirty”. As for the last 5 years, there were no receipts exactly on my wallet. I demand a refund of the amount I transferred, minus the standard fee!
I thought the Lithuanian exchange would be interesting to trade on, as there are a lot of crypto traders in Eastern Europe, as far as I know, and a lot of crypto transactions happen in that region. However, to be honest, BITCO HUNTERS did not appeal to me at all, as things are very bad with altcoins. Unfortunately, here you can trade profitably only Bitcoin and Ethereum. Competent support is absent on bitcohunters.com. I tried to understand the rules on my own, but apparently the brains of Lithuanian residents do not work the same way as the British. What seems very simple to them - to us, is equal to studying an unknown science. I submitted a request to withdraw all the money. The transfer to the bank account came quickly, but the service took a commission for some reason in a larger amount than written on the site. I recommend beginners to stay away from this platform, in case you are not from Lithuania.
I don't understand how a crypto exchange can work so irresponsibly... I created an application to exchange 200 MANTRA for Euros to a bank card. Accordingly, I paid immediately, but what BITCO HUNTERS support writes to me? “ Status of your transaction - payment found, you need to wait for confirmation 17 of 20 “. However, the transaction was received two hours ago, as I can see from the crypto wallet scan. The support replied again after a few hours: “Your request is being processed”, but as you understand, nothing has changed for me :( I think that the exchange rate has changed probably 10 times in the time that I am waiting for the transaction, and this exchange will not reimburse me for my losses, although it is their fault. On their website, they say that the exchange is almost instantaneous... My loss is due to the fact that the company's employees can not make a quick payment :(
I sent €6.8k to buy WBTC last night, but no crypto is coming to my e-wallet... Support is not responding and the payment status says “payment confirmed”. I don't know what to do. WBTC already went up 6.5% in the time I'm waiting for the exchange on bitcohunters.com...
The site hung up waiting for my bank card to be verified. I waited over 40 minutes for a response to my request and had to look for another exchange service.
An incident occurred between me and the company within AML. It occurred “due to the presence of high risk tags in the assets sent by the user” - as the manager informed me. I transferred 4,000 USDT days ago to BITCO HUNTERS, but the security department claimed suspicious origin of my crypto and they requested my personal data. I immediately sent ID photos, selfies with a piece of paper and a scan of my crypto wallet. Everything the manager requested. He told me that my funds were frozen and that most of the time they would be unfrozen the next day. However, the next day he said I would have to wait a few more days, and 3 days later he said the verification would take at least 7 days!!!! I was only sending 4 photos! I don't understand how they can be checked for a whole week? Three days have passed since I sent you the data to these crooks who can't explain how it can take a week to verify 4 photos and 1 transaction!!!? What is the point of me using this scam service if the scammers only delay the verification procedure indefinitely!!!??
I sent 0.2 bitcoins from my personal electrum wallet in exchange for dollars. The status “error” appeared in my account on bitcohunters.com after receiving all necessary blockchain network confirmations. Support doesn't respond to requests. The e-mail specified on the site (support@bitcohunters.com) is inactive. Letters are not sent there. Is this a scam?
I do not recommend this scam!!! I ordered a withdrawal of 12,000 EOS in dollars and I am waiting for a transaction :((( During this time the exchange rate has fallen and I lost a decent amount of money. They do it on purpose!