Bitlevex review 2023 - About Bitlevex

Bitlevex is a broker that provides access to bitcoin options. The site works only with BTC, the dynamics of which are predicted by users. The owner of the service is IT Algorithmic Solutions OU, registered in Estonia. The site also states that Bitlevex has an activity license issued by the Estonian Financial Intelligence Unit. According to the domain registration information, the company was established in February 2019.

It is known that earlier the site was available in 8 languages (including Russian), but already in November 2020, the resource switched exclusively to the English version. Among the contacts of the organization, links to its social networks have been published, including Instagram, Telegram, Facebook and others. There are other forms of communication - the User Support Center, where all frequently asked questions and the client forum are collected, as well as a separate application request sent in the form of a letter to the company.

What does Bitlevex offer?

To work with the system, first of all, the client must register an account. To do this, you must enter the following data: first and last name, email address, phone number and password. After the initial registration, the client can replenish the account with no more than 0.1 Bitcoin and is not entitled to withdraw funds. To withdraw money from the account and increase the level of the account, the user is required to verify, for which he must provide additional information about himself.
The application for verification is processed up to 24 hours, after which the client gets access to the full functionality of the platform. First, you need to replenish your account in the amount of $20 or more, make a Bitcoin price forecast (Call - for further growth of the asset, Put - for its fall), and choose one of the proposed tariffs:

Reactive (leverage 1:100, validity period - 1 week, sale of the option after 24 hours);
Profitable (leverage 1:100, duration - 1 month, sale in a day);
Regular (leverage 1:25, expiry date - 1 month, access to the sale of the asset in 24 hours);
Simple (loan 1:10, duration - 1 month, sale in a day).

Depositing and withdrawing money from the Bitlevex website

You can replenish your account on the site using fiat (transfer via Visa, MasterCard, Wire Transfers, WebMoney) or cryptocurrency (by transferring currency to the specified bitcoin wallet). At the initial stage of registration, you can deposit from 20 to 1000 US dollars, but it is impossible to withdraw funds. To do this, the user must pass account verification by providing the following data:

Country, city and address of residence;
Date of Birth;
Confirmation that the client is not a US citizen and politically exposed person (PEP);
Identity document (photo-copy);
Photo of the client himself, holding an open document in his hands;
Utility bill with the specified address of residence (certificate made no earlier than three months before its sending);
For Tier3 users, proof of source of income.

The minimum withdrawal amount after registration is completed will be 50 USD, and the brokers commission for services will depend on the account level (0.55%, 0.45%, 0.35%), which also affects the deposit and withdrawal limits. Applications for the withdrawal of bitcoins are processed within 1-72 hours, and for the withdrawal of funds through Wire Transfer - up to 5 business days.

Conclusion

Relatively young broker Bitlevex offers consumers bitcoin options that can bring up to 500% profit. Seemingly favorable intermediary conditions attract more and more beginners and experienced investors. However, before you start working with the service, make sure it is legal and honest, check licenses and other permits.