Warning: Is Digbit.Exchange a Scam?

Digbit.Exchange (digbit.exchange) - Legit or Fraud?

Our analysts warn you to stay away from Digbit.Exchange (digbit.exchange).

Digbit.Exchange appears to be a trading firm, but it is currently unlicensed by any top-tier commission.

Scammed by Digbit.Exchange?

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Safety Analysis: Digbit.Exchange

The biggest red flag is that Digbit.Exchange (digbit.exchange) has no license to operate.

Investing with unlicensed brokers is highly dangerous. Legitimate firms are always licensed with bodies like the SEC, ASIC, or FCA for your protection.

Digbit.Exchange lacks this protection. As a result, there is no protection if they keep your money. Many investment fraud involve unlicensed entities, and getting back money from them is difficult without professional help.

For instance, in the UK, unlicensed firms are not covered by the compensation schemes. In the US, they are not members of SIPC, so your money is at risk.

Common Scam Tactics

Online trading fraud is getting smarter. Criminals use social engineering to take your savings. Here are common tactics seen in sites similar to Digbit.Exchange (digbit.exchange).

Pig Butchering & Romance Scams

"Pig Butchering" is a cruel method where scammers build trust over months. They fake a romance on social media. Once trust is built, they introduce a "lucrative" investment. It is a lie to lure you onto a fake platform .

The "Bonus" Trap

Fraudsters build websites that look exactly like legit trading apps. You see graphs and balances that increase. But it is a simulation. The scammer manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

• Cold Calling: They call you from "brokers" you don't know.
• No License: The firm lacks legal registration.
• Guaranteed Profits: They promise 1% daily returns or risk-free trades.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Aggressive Sales: "Account managers" pressure you to deposit more.

Do not trust fake reviews. Fraudulent brokers often post their own positive comments to appear real.

Verdict

Our verdict is to block Digbit.Exchange. It appears to be a fraud. Save your funds and find a regulated broker. Avoid digbit.exchange at all costs.