Reviews of Billium: Reliable Cryptocurrency Exchange or Fraud?
Many traders have high hopes for Billium for easy earnings and unique technologies. But should you trust these promises or is there a cunning fraudster behind them, leaving traders without money? Find out the answers to important questions below!
Information about Billium: New Generation Cryptocurrency Exchange
Billium founder announces collaboration with traders from the CIS, Middle East, Europe, and Asia. The exchange’s website is available in six languages, indicating a global audience for the company.
According to Whois data, the Billium domain was created in 2005 and updated in the current year. The actual founding date of the exchange is 21.03.2022, as confirmed by recent reviews.
The website’s homepage features CEO Osman Ozbolat and the company’s team, with links to contacts and social media profiles. Management transparency is unusual for a cryptocurrency exchange.
Billium only has accounts on VK and Telegram with a modest following of up to 500 subscribers.
Discrepancies arise regarding the office’s registration location in Turkey. The online database lacks precise information for non-residents, although registration data in Saint Vincent and the Grenadines is confirmed. Offshore registration due to a favorable tax system is not a negative indicator of the company’s integrity, but legal disputes may be complicated due to non-compliance with Russian laws.
Some clients complain about difficulties with customer support due to limited communication via email. Billium LLC, handling payments, is licensed as a business in the UAE.
The presence of a license for cryptocurrency activities for Billium remains a topic for further discussion, as regulatory procedures in this field require clarification.
The exchange provides rules of use, privacy policy, risk information, and AML policy in Russian.
Billium Services: What the Exchange Offers
- Trading popular cryptocurrencies (BTC, ETH, LTC, Dash, XRP),
- Simple trading platform for all user levels,
- Secure fund storage and trade copying,
A distinctive feature of Billium is the absence of fund blocking. Amounts failing verification are returned. This is a significant advantage, according to user opinions.
The company also offers investing in its BEA token, but its absence on CoinMarketCap raises questions.
Traders’ Opinions on Billium
Users’ reviews are divided into two camps: some are confident in the company’s reliability, while others claim the opposite.
Summary
After conducting analysis, the decision to collaborate with Billium is not straightforward. User opinions differ, and risks in crypto trading remain high. It is recommended to carefully study all available data and consult with experts before making a decision.