If you’re thinking about using BiteBTC to trade crypto, stop. Right now. Even if you’re new and looking for an easy entry point, this platform is not worth the risk. As of October 2025, BiteBTC is widely considered inactive, unreliable, and possibly fraudulent. Thousands of users have reported being locked out of their accounts, unable to withdraw funds, and stuck with coins they can’t access. This isn’t a case of bad customer service-it’s a pattern of systemic failure.
What Happened to BiteBTC?
BiteBTC started as a low-fee exchange targeting beginners. It promised a simple 0.20% trading fee with no distinction between maker and taker orders. On paper, that sounded fair. But behind the scenes, things fell apart fast. Withdrawal fees were steep-0.001 BTC for Bitcoin, which isn’t outrageous by itself, but when paired with constant withdrawal blocks, it became a red flag. Users weren’t just paying high fees-they were paying to get trapped. By mid-2025, reports flooded in from BitcoinTalk, Trustpilot, and crypto forums. Over 27 pages of complaints. One user wrote: "I forgot I even had money on BiteBTC. Then I tried to withdraw-and got the same automated message for months." That’s not a glitch. That’s a sign the platform stopped caring-or stopped functioning.Trustpilot Rating: 1.7/5
Trustpilot, a trusted review platform for financial services, shows BiteBTC with a 1.7 out of 5 stars rating based on 18 reviews as of September 2025. That’s not just bad-it’s among the worst ratings in the entire crypto exchange space. Every single review mentions withdrawal issues. Not slow processing. Not poor support. Complete inability to get your money out. One user said, "I deposited $500 in ETH. Two weeks later, I couldn’t log in. My account vanished." That’s not a technical error. That’s a scam tactic.How Can a Scam Exchange Have High Trading Volume?
Here’s the weirdest part. Despite all the complaints, BiteBTC still showed high daily trading volumes on its website. Users asked: "How can fraudsters have such large turnover? Who’s even trading?" The answer? Likely bots. Or new users depositing funds, unaware of the warnings. The platform may have been artificially inflating volume to appear legitimate-something known as "wash trading." It’s a classic red flag in crypto. Fake activity to lure in real money.
No Regulatory Oversight
There’s zero public record of BiteBTC being licensed or regulated by any financial authority. No SEC, no FCA, no FINMA. No mention of KYC or AML policies. That’s not unusual for some small exchanges-but when combined with withdrawal freezes and user reports of lost funds, it becomes a dealbreaker. Legitimate exchanges, even small ones, disclose their compliance status. BiteBTC doesn’t. That silence speaks louder than any warning.Professional Reviews Ignore It
If you check the top crypto exchange lists for 2025-from CoinSutra to Crypto Adventure to Software Testing Help-you won’t find BiteBTC. Not once. Not even as a "avoid" example. That’s because reputable reviewers don’t waste time on platforms that are clearly broken. They focus on exchanges like Binance, Coinbase, and Kraken-platforms with real customer support, transparent fee structures, and years of operational history. BiteBTC doesn’t meet the baseline for inclusion.Security? There Isn’t Any
No two-factor authentication (2FA) issues were reported because users never got far enough to use it. Many couldn’t even access their accounts to enable security features. Cold storage? No public proof. Insurance funds? Not mentioned. The platform offered no transparency about where user funds were held. That’s not negligence-it’s negligence on purpose. If you can’t prove you’re securing customer assets, you shouldn’t be handling them.
What Are People Saying Now?
The tone in crypto communities has turned from skeptical to outright hostile. One BitcoinTalk user wrote: "Sorry to all who lost their money, but don’t tell here nobody didn’t warn you about BiteBTC." That’s the last word on this exchange. Warnings were out there. For months. And people still lost money because they hoped it would get better. It didn’t.Alternatives That Actually Work
If you’re looking for a beginner-friendly exchange, here are three real options:- Coinbase: Best for U.S. users. Simple interface, insured custody, FDIC protection on fiat balances, and 24/7 customer support.
- Binance: Largest global exchange. Low fees, hundreds of coins, advanced tools, and strong security. Has a learning hub for new users.
- Kraken: Strong compliance record, excellent customer service, and one of the most secure platforms ever. Used by professionals and beginners alike.
Final Verdict: Avoid BiteBTC at All Costs
BiteBTC is not a failed exchange. It’s a cautionary tale. It looked like a simple way in-but it was designed to trap. High fees. Locked withdrawals. No transparency. No regulation. No support. And now, no activity. If you still have funds on BiteBTC, you’re likely out of luck. There’s no official contact, no recovery process, no legal recourse listed. The platform is gone. The money? Probably gone too. Don’t make the same mistake. Stick to exchanges with real reputations, real support, and real history. Crypto is risky enough without adding a fake exchange to the mix.Is BiteBTC still operating in 2025?
No, BiteBTC is not reliably operating as of late 2025. Industry sources like Cryptogeek have labeled it an "inactive provider" of crypto services. Multiple users report being unable to log in, withdraw funds, or receive any customer support. The platform appears to have ceased meaningful operations.
Can I withdraw my crypto from BiteBTC?
Based on hundreds of user reports across BitcoinTalk and Trustpilot, withdrawal requests are consistently blocked. Users receive automated replies with no resolution. Many have reported losing access to their accounts entirely. If you deposited funds on BiteBTC, assume they are unrecoverable.
Why does BiteBTC have high trading volume if it’s a scam?
The high volume is likely artificial. Scam exchanges often use bots to create fake trading activity to appear legitimate. This tricks new users into depositing funds. Real traders avoid the platform. The volume isn’t proof of success-it’s proof of manipulation.
Is BiteBTC regulated?
There is no public evidence that BiteBTC is regulated by any financial authority. No licensing information, no KYC/AML disclosures, and no compliance reports. This lack of oversight, combined with user complaints, makes it a high-risk platform that violates basic standards for financial services.
What should I use instead of BiteBTC?
For beginners, use Coinbase (best for U.S. users), Binance (best global option), or Kraken (best for security and compliance). These platforms have real customer support, transparent fees, and years of proven reliability. They’re not perfect-but they’re safe enough to trust with your money.
Was BiteBTC ever legitimate?
It’s possible BiteBTC started as a legitimate attempt, but within months, it devolved into a pattern of withdrawal blocks, fake volume, and ignored user complaints. By 2025, there’s no evidence it was still operating in good faith. The signs of fraud were clear long before it became inactive.