Nittrex 

Thanks for visiting Trustpilot. Unfortunately, it’s not possible to leave a review here anymore because the company’s website has closed. Feel free to contact us if you have any questions.

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

People also looked at

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

THEY REFUSE TO LET WITHDRAW ALL MY MONEY

I have asked to withdraw all my money since January and my so called broker, Michael Pierceson stopped replying to my emails and his manager threatened me. They only aproape withdrawals smaller than the actual amount of cash you invested. I applied for my withdrawal in January and still didn't get anything back. PROFESIONAL SCAMMERS

April 20, 2021
Unprompted review
Advertisement
Rated 1 out of 5 stars

Nittrex scammers

These are the scammers. Everything is fake and be careful with their plot to trap you. None of the contact address are valid and phone numbers are valid unless they can suck your hard earned money.
I have lost my good amount by trusting on them.
They never call you from any fixed lines, always using VPN lines.
One line suits for them: God is not mocked, for whatever one sows, that will he also reap in this life only before death. I wish and pray their entire team life become hell ASAP.

Involved person on my case:
1. Julien Blaise -Analyste principal en crypto-monnaie
2. Stacey Wilson- Support and Compliance Team
3. Joseph Cohen-Senior Crypto Currency Broker
Private Wealth & Asset Management
CRD#: 5762558
He claims for this profile. (brokercheck.finra.org) Mostly this is also a fake only.
4. Head Options Manager Kai Schmidt

April 16, 2021
Unprompted review
Rated 1 out of 5 stars

Do not trust Nittrex.

There are some very legitimate reviews on this page for Nittrex, and they all highlight negative experiences, such as what I have had. Do not be fooled by any positive review you read, this organization is a scam. Also, do not be swayed by a negative review that suggests an investment recovery service, these are also scams.
Nittrex will trick you into sending them money, they convert this immediately into BTC. Any amounts you see in 'your account' on their website are fake, you have no funds available, it's all in their own wallets. They may send you small amounts back to 'show' that returns are possible, however if you send them a large investment, that's it, your money has gone. Once you start asking for a return, they go silent.
I sincerely hope people heed this advise. I feel I was very fortunate, having not lost a large amount compared to others I have spoken with. There are a small group of us who have reported Nittrex to authorities in Canada. So, please, anyone who has been a victim of Nittrex in Canada, report them to Ontario Securities Commission in Ontario, Manitoba Securities Commission in Manitoba or similar offices in your province.

April 8, 2021
Unprompted review
Rated 1 out of 5 stars

Heed my Words

I beg you to heed my words. Investing with this exchange was one of the worst decisions of my entire life. Stay far far away. Please listen to my story and let it be a warning.

On Oct 23 I first opened a trading account with NITTREX.io. The individual who contacted me was a man who called himself Solomon Rose. He understood the principles and concepts of cryptocurrencies with ease and efficiency. At that time I knew nothing about bitcoin, alternate coins, or the financial market in general. There were many terms that he helped explain to me, and he sent me multiple emails regarding guides to understanding both cryptocurrencies and the stock market in general. He would consistently call me and would offer advice and answer all of my questions. I remember that at that time I had written down many things I felt the need to ask him, and he answered everything with patience, articulation and void of hesitation. I watched and gathered all his information and pretty soon I had a much better handle on what I was dealing with. The individual I spoke with was extremely easy going and would supplement various details such as: I was his youngest client, he had 130 other clients, and it gave him immense pleasure to see a young man such as myself desiring to build up his finances through trading. I made the mistake of trusting this man, I was naive, and I will forever bear the sting of hastily rushing to offer someone my financial allegiance.
When first dealing with NITTREX they supplemented my account with 300 of their dollars, to help you get a feel for the buying and selling of cryptos, I was able to make a small profit after several days. At this time they stated that I could now begin funding the account with my own money. Solomon would frequently send me very suspiciously beneficial deals, I was skeptical at first to accept offers such as these, seeming too good to be true. But at this point I had a foolish trust built up with Solomon, and he convinced me that he simply believed I had a great future and he wanted to help one of his younger, smaller clients develop their portfolio more extensively. I completely bought into the lie.
Shortly after this, Solomon again contacted me with special “arbitrage” deals. Solomon explained that he would give me an even better offer (again due to his “understanding” that I was a smaller client” and said that their finance department would be willing to give me a bitcoin for 11,500 USD. (At this point BTC was valued at roughly 15,500) I took two more small arbitrage deals after this, and the entirety of my investment in Canadian totalled exactly $17,171. It is a number I will never forget.
After a few months, I decided that now was the time to finally withdraw my portfolio to a wallet that I alone had secure access of. Now this is where it all went completely wrong.
Before I could even make the withdrawal request, Solomon suddenly ceased all communications with me. I immediately knew something was wrong as he had previously been completely prompt without fail. I tried calling the number for NITTREX, and the first few times they informed me I would be transferred to a new account manager, who went by the name of Jacob Silverman. Jacob made up some story about Solomon being in an accident. When I stated that I immediately wanted to make a withdrawal, he informed me that Solomon (who was supposedly unconscious with COVID) only had access to the wallets and that they would send me the money as soon as they had confirmation from him. From January 6th to April 2nd Jacob continued to fill me with the hope that my funds would be recovered, even going so far as to make very small transfers to my wallet to keep me temporarily satisfied (0.05 of BTC total) A couple weeks ago I was shown a screenshot of a supposed BTC transfer between myself and NITTREX. Only to be told that the transfer was canceled by the Chinese government and the only way to recover the funds would be to pay another $10,200 USD in taxes. When I refused to do so, Jacob also completely cut off communications with me.
NITTREX if you are reading this please understand that you may only see the financial gain of your endeavours, but you cannot see the emotional heartbreak. You can’t see the pain. You will never see the tears. And you will hardly hear a fraction of the cries which emanate from the mouths of the men and women you unabashedly pillage. I sincerely wonder how you find peace in this life. When you endure the many storms of this world, what gives you solace?
The next time you gaze into the eyes of someone dear to your heart, that you love, I want you to ask yourself, “Do they truly know the monsters that you really are?”
And to you Jacob, all I can say is that the greatest harm you did me was not in taking my money, but in giving me hope.

April 7, 2021
Unprompted review
Advertisement
Rated 1 out of 5 stars

These people are complete crooks

These people are complete crooks. Stay far away from them as possible. Do not put your hard-earned money into this company Nittrex.

They will lure you by telling you to make a small deposit into their company platform and will show you a profit, of which it will be withdrawn and deposited back into your BTC wallet in a week or 2. Once they gain your trust, you will never hear from them and see your money again. They are a complete SCAM!

What they do is that once they gain your trust, they will keep asking you to deposit more money before you can make any withdrawal from Nittrex platform. They will tell you all these stories like: you have to pay your income earned as income tax directly to the company. After you done paying it directly to them, they will give you another story like you have to pay some more ridiculous fees. All this is to keep you on your toes and hook you with empty promises until you keep giving them your money to them. They will keep promising you that it will be withdrawn and be deposited back into your own BTC wallet. All of what they are doing is a complete total lie.

They do not give a care about you as long as you keep giving them money. Once they are done with you, you will never hear from them again.

Best thing to do is to file a complaint to the FBI by filing a form called www. ic3. gov (Internet Crime).

April 6, 2021
Unprompted review
Rated 1 out of 5 stars

Nittrex.co and io is a scam

This company Nittrex.io and now Nittrex.co is a scam. Im a person who is on a disability pension and invested my money to help me out. My disability pension pays very little and I was taken for $21,000.00 dollars. The name of broker Ben Viner was always used and provides you with a fake web site to show you a false investment. Do not be fooled by the numbers on their website, it's a simulation. I had this review up before but he called me and threaten me that he would take my money if I kept this review up. As i have being told this is just one of their tactics.Try to visit their website address its all a fake . Cannot call these people as they use a IP phone so it cannot be tracked. Stay clear of this company.
If anyone can help please see above to reach me or to discuss. Surely this scam can be shut down.

March 25, 2021
Unprompted review
Rated 1 out of 5 stars

Unannounced website change from .io to…

Unannounced website change from .io to .co.
No longer answering telephone calls or responding to email.
Unable to move BTC into my crypto wallet.
Not able to withdraw anything.
This is a bad, bad company.
Please do not lose your life savings to this company like I did.

March 15, 2021
Unprompted review
Rated 1 out of 5 stars

I can't believe I fell for this trick. STANLEY FELDMAN is a Thief.

I can't believe I fell for this trick. But these guys were consistent. They stayed close for months even sending back some of my money to make me feel comfortable trusting them. This is a well oiled fraud machinery. Do not be fooled by the numbers on their website, it's all a simulation. These are fake accounts that is tied to real time bitcoin prices. They have long transferred your money to another bitcoin wallet. You have nothing invested, it is all a lie. Well at least he said don't invest money that if you should lose it you will be homeless. I'll respect him for at least that part. Not to mention the fake broker certification that they include in their signatures that takes you to a genuine website showing you their credentials. It's all a lie they are not using their REAL NAMES. you should also try visiting their offices, it doesn't exist. Do not even bother try recovering your money from these fake recovery services. They are also liars and scammers who wants to lose even more money. I am usually more careful but I got outsmarted this time. We can only hope they are brought to justice soon. Stay away from these fakerecovery dot whatever sites. They try more bitcoin scams to get you to pay upfront for nothing. ALL LIES...FOOL ME ONCE BUT NOT TWICE.

March 12, 2021
Advertisement
Rated 1 out of 5 stars

Since my last review was deleted....

Since my last review was deleted....
I won’t go away, Jacob and Solomon. I will continue to warn others.

Run fast and far away
Run. And run fast in the opposite direction.
“Investing” with these people is the same as burning your money in the dumpster fire of 2020. The difference is instead of just wasting money, “investing” with Nittrex is giving it away to people who don’t give a flying F about anyone but themselves.
I personally lost thousands and two of my co-workers lost tens of thousands.

They give you a login and show you how well your money is doing. But just wait until you try to withdraw. First, they tell you you need to request it. Then you get transferred to someone else (my guy was Solomon), then you hear it costs 20% of the imaginary holdings you see to withdraw. If you question that, you just get ignored forever.

Jacob Silverman is a scam artist. Solomon Rose is a scam artist.

Do not believe any of the positive reviews you see anywhere. DO NOT! It’s all lies. You are better off donating your hard earned money to a homeless shelter than giving it to these horrible humans. If you really don’t like your money and really feel the need to get rid of it, go to Vegas and put it all on black! Go spend it on strippers and blow! Anything is better than giving it to these POS. At least you’ll get some fun out of it instead of raging that Jacob now has all your money.

Do not send them one penny

March 6, 2021
Unprompted review
Rated 1 out of 5 stars

Once again Nittrex is up to their old…

Once again Nittrex is up to their old tricks. They contact Trustpilot about my posts in such a way as to leave the impression that they care. Three times they have done this and Trustpilot has reached out to me, inviting me to provide more information to Nittrex so they can help resolve my issue. Twice I did provide them with the information - and as expected - nothing. Notta. They never respond. They only give the impression that they will. They have taken my cash. They have posted fake profits in my profile. They refuse to release any funds back to me. They go silent and now I only get error messages when I try to follow their web prompts on withdrawing cash from my account. This is a dangerous company. They are a scam. They have taken over $60K of my own funds. Stay away. If you have invested cash - sorry - you will not see it again.

March 3, 2021
Unprompted review
Rated 1 out of 5 stars

NITTREX.CO

NITTREX.CO. this company takes & keeps every dollar you invest with them. I have an account with this crooked company, do not deal with them, my manager JACK LEVY has phoned me twice since I opened this account in Dec. 2020. I have asked them at least a dozen times to withdraw money, they just ignore you like you don't exist. These people are nothing but crooks out to steal your money from you. WATCH OUT...

March 2, 2021
Unprompted review
Rated 1 out of 5 stars

People stay away from Nittrex.co!

People! Listen up! All the positive reviews here are faked! Look at the stats; only 5-star and 1-star reviews! Who do you think is writing the 5-star reviews??? EVERYONE, do yourselves a favor and do not touch this company! They are fraudulent to the nth degree! So-called financial advisor Sul Gaines and the company president Ryan Delmar will never send your funds or your profits to you – they will demand fees and commissions and taxes (for the Hong Kong government!!!) – and you will lose that money too! We lost over $55,000.00 US to these criminals. I have scoured the web and have found NO ONE with a real name and e-mail address who has actually received their investment back or any profits! We have reported these scammers to the FBI and are proceeding with detailed reports to the Commodity Futures Trading Commission and the National Futures Association. I’ve tried three different financial recovery companies on-line and they appear to be scam artists as well. PLEASE, anyone who has been scammed by these guys, do the same – you can file the reports on-line. EVERYONE ELSE, stay away from these crooks, please!
For those of you who didn’t read this review soon enough and got ‘taken’ as well, try a chargeback through your bank first. Then, get a lawyer to write several demand letters, first to your bank and then to the intermediary and beneficiary banks these guys use. Also, report it to the FBI online, it’s easy to do. Then, complain to the CFTC and the NFA (see above) so these guys cannot stay under the Radar any longer!

February 24, 2021
Unprompted review
Advertisement
Rated 1 out of 5 stars

no corect dont trust them they trap you and no rewords for you

nittrex.co and nittrex.io with BEN VINER as manager GERHARD BJORN HEAD OF THE FINANCE DIPARTMENT they are just no correct to make bussiness with consumers maybe we custodians customers are better ,with consumers no support,nothink on time they work on your account only when they want with out bussiness plan and they dont allow you to take your money out so we wasting our time and money with them dont trust them.i also apologise to every body but i will put a review every day till i get my money and also to protect others to don't get trap with this company

February 18, 2021
Unprompted review
Rated 1 out of 5 stars

i invested in nittrex 2 months ago so…

i invested in nittrex 2 months ago so trading and everything was going good but i sent the( small amount) withdrawal request 3 weeks ago but still they keep making delay and i didn't receive my fund yet. today i sent a email to my trading account manager and financial department but no response yet. i don't know what is going on. scary moments. anyone help me for this situation.

January 25, 2021
Unprompted review
Advertisement

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look