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Bitwise Asset Management Review: Is it a Scam?

Bitwise Asset Management Review: Is it a Scam?

BitWise Asset Management grants customers investment opportunities on the highest-performing assets in the past. They claim that the company is like the “S&P 500′ for crypto, and there is no other company offering similar to its services.

The company has a YouTube video that they probably use to seem legit and lure you into depositing funds in their accounts. Similar traits are visible among scammers, and you should not fall for such characteristics.

The company boasts of holding up to 10 private index fund, and you work in a well-diversified platform. Investors are guaranteed the security of their coins, and the software is impossible to hack.

The company also boasts of endorsements from various television networks, and get this information is not accurate. Only scammers will claim fake recognition, and if at all, this information was correct, then the company would be recognized across the globe.

You should be aware of all the marketing strategies scammers use and avoid, such as companies at all costs. BitWise Asset Management claims to be the pioneer in a cryptocurrency index fund, and it began operation in 2017.

However, the company exposes several red flags that should prevent you from trusting the company with your money. Meanwhile, as you read this unbiased review, you can opt to invest with legit crypto trading companies that are surely going to make reasonable profits for you.

The platform aims to provide single asset funds, and they claim they are liquid at low costs, and your security is a guarantee. Their main goals are to help their clients get their allegedly fast up upcoming asset class on trusted products.

Investors are promised low-cost leaders and an all-expense ratio charge, unlike their competition, and you only pay for what you can see. They claim to monitor the market and come up with promising total returns.

BitWiseinvestment.com Review

BitWiseinvestment.com supports institutional trading, and they achieve the best in class trading executions. They claim to put market markers against each other, and this helps in setting the best buying and trade times.

Bitwise Asset Management Review, Bitwiseinvestments.com Platform

It have created world-class custody, and security is promised as soon as you join the company. They focus mainly on tax preparation and investor relation, and they claim to be the best service provider in crypto investment.

The company boasts having top-notch security and that all assets are kept in cold storage, institutional-grade vault, and they are gapped from the internet. The platform has and is using multi-sig technology.

Investors are promised automated tax preparations on the used k1 to reduce the process of filling in forms. However, the company states that the team of investment relations are always ready to help customers with any query that is sent to them.

The allegedly provide market commentary regularly; however, you do not know the kind of experience they hold, and this is a major red flag. Investors are urged to the team behind the platform are software expertise and have unmatchable experience in asset management.

Furthermore, transparency is crucial, and without any evidence to showcase the kind of experience they hold, you should not fall for this catch and avoid the company at all costs. The company is backed up by institutions and individuals who are investors, board directors, or some are even Directors.

The company boasts of endorsements from well-known people, including pay pal, an allegedly former manager. However, do not be so quick to follow this catch simply because scammers use the same strategies to swindle your funds. Until there’s any positive feedback, the platform is not a legit investment firm.

Executive Team

The platform tries to seem legit by providing images and a short bio of the people behind Bitwise Asset Management. Hunter Horsley who is previously a product manager on monetization at Facebook and Instagram.

He claims to have received his Bachelor in economics from the Wharton School University of Pennsylvania. Hong Kim is the CTO board Director, and he has previously worked 4. The military is their Software Security Researcher, and he claims to have a BS in Computer Science in the same school.

Teddy Fusaro is the COO; he was previously SVP and senior Portfolio manager at New York Life, and he is the Head of Management and Trading at InfexIQ l, VP at Direction, Goldman Sachs. Matt Hougan is the Global top of Research.

Mick Mc Laughlin is the MD Head of business development. However, scammers also make up this kind of information and should always be able to see evidence you can trust and verify before relying on an Investment firm with your funds.

Scam or Legit

BitWise Asset Management does not resemble a legit investment firm simply because they fail to provide any reliable evidence to support the experience they hold. The company also claims endorsements from various television networks which never took place

Scammers will always pay actors to say positive stuff regarding software, yet no profit is being generated. How the software operates to generate profits for you is not known, and the company wants to be every investor crypto partner.

The company boasts that it’s heavily backed up by a team of professionals who have experience and the past managers that big well-established platforms such as pay-pal, among others. However, do not be so quick to fall for their catch; this is because scammers will always see anything lure you into depositing funds.

Moreover, there are no past trade activities the software has been able to complete, and that is enough to earn your trust. You can download previous reports and surveys of financial advisors towards crypto assets.

The company does not have any positive feedback from any investor. Positive feedback is essential; this is because you’re guaranteed payment of profits. The chances of expecting returns are rare when there is no past information regarding an investment firm.

Regulation and Customers Support

BitWise Asset Management investors who have any query need to schedule a call. However, most platforms that offer reliable services will always provide you with working contact support that you can easily find response towards your feedback or query is still instant.

Unregulated platforms do not last long in the market, and they may end up getting shut with all your investment funds. Regulated companies, on the other hand, show a high level of transparency, and you can easily verify the data they provide.

The platform owners of this investment firm risk facing criminal prosecutions, and they should submit their regulation data. Companies that are not regulated will quickly go against the law; this is because they are answerable to no one.

Final Verdict

BitWise Asset Management has several scam characteristics, and they fail to provide enough evidence and the kind of experience they hold to earn your trust. The company also fails to avail of any regulatory data to investors to prove their legally generating funds from the public.

Furthermore, if you are looking to make profits, you should invest in a legit crypto trading platform that will indeed generate reasonable profits. The company also claims endorsements from various television networks and well-renowned people, yet this is just the marketing strategy that scammers use and should not fall for the catch.

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