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Authentic exchange platforms set up stringent verification procedures to protect the exchange as well as its users from laundering and all other forms of scams. The vast majority of crypto trading platforms require some ID verification before a user can withdraw or deposit funds. Some legit exchanges, nonetheless, will allow you to remain . Is Bitcoin Legit? Yes, Bitcoin is absolutely a legitimate asset. So much so that publicly traded companies such as Microstrategy and Tesla have invested billions of dollars into Bitcoin. But Tesla isn’t the only big firm catching onto Bitcoin. 5 Legit Tips For How to Invest in Bitcoin Safely (2022)List of Binance Coin (BNB) faucets. There are currently 113 Binance Coin faucets on our list. Only faucets that made at least one payment this week are displayed. These Binance Coin faucets paid in total approximately $189.25 USD to their users in the past 24 hours. 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Operating worldwide, even in the United States, eToro allows everyone to buy and sell Bitcoins and cryptocurrencies, from home and with even a minimal investment. Phishing and other scams involving Bitcoin have come to light as more people have begun using cryptocurrency. As cryptocurrencies such as Bitcoin or Doge grow in popularity along with legitimate websites like Binance or Coinbase, so too will the number of scams associated with them. Bitcoin exchange scams have been occurring, as have a number of Bitcoin mining investment scams that turned out to be Ponzi schemes. 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