BitGo Reviews 51

TrustScore 3 out of 5

2.8

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Rated 5 out of 5 stars

Recently onboarded with BitGo and their specialists and support team are incredible. In my opinion, they have the best and most secure custody, but we’ve also begun integrating some of their other inf... See more

Rated 2 out of 5 stars

The saying not your keys not your crypto. This exchange is plain painful, managed to get a small amount of traded avax to metamask as a trial the rest is sitting in converted usdc but shows unavaila... See more

Company replied

Rated 5 out of 5 stars

Great product and service. Highly recommend if your business needs to build crypto related products.

Rated 1 out of 5 stars

Dramatic service. It takes hours before you can actually do something with your assets due to their ridiculous 'settlement' system. Cancelled a limit order? Too bad, wait for 12 hours before you can... See more

Company replied

Company details

Written by the company

BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide


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2.8

Average

TrustScore 3 out of 5

51 reviews

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Replied to 100% of negative reviews

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Rated 1 out of 5 stars

SCAM

Forced to use this platform/company to get my funds from FTX distribution. What a nightmare!!
Same experience as other reviews suggest - was charged $60 for “failed transaction”, although all bank info I have provided was correct. Lack of communication and limited responses that take forever to come back; it’s been 2 months now since I am emailing Bitgo support trying to get some answers. Don’t believe I will get any to be honest, so disappointing, and nobody cares. Just feels like a big scam.

April 1, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Irina,

We’re sorry to hear about your experience and the frustration caused by the failed transaction and delays in getting answers.

Fees on returned wires are typically deducted by intermediary or receiving banks, but we understand how discouraging this can feel, especially after waiting on FTX distributions for so long.

We know this review is a few months old now, but if you still need assistance feel free to drop our support team a note.

Rated 1 out of 5 stars

Forced to use these guys for my FTX…

Forced to use these guys for my FTX claim - they won't let me withdraw my cash and aren't responding to requests why

March 21, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Ollie,

Thank you for this feedback.

We’re sorry to hear about the withdrawal issue and delays in response. It sounds like this was a delay due to the funds waiting for settlement.

We appreciate your patience and are working to improve both our support and processing times in the future.

While this review is a few months old, if you still need any assistance still please don't hesitate to reach out to our support team.

Rated 1 out of 5 stars

I want to withdraw USDC and cannot…

I want to withdraw USDC and cannot choose on which network to send it?! Then all funds may be lost. And anyway it does not even let me choose any amount. But how can I withdraw crypto if I cannot choose the network on which the transfer should run??

March 17, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Ruth,

Thank you for your feedback.

We understand the concern around network selection. For FTX creditor distributions, USDC withdrawals are only supported on the Ethereum network.

Once settlement is complete, you’ll be able to enter the withdrawal amount and proceed.

We appreciate your patience as we continue supporting this process and hope the rest of your withdrawal went correctly.

If there's anything else you still need help with, please don't hesitate to reach out.

Rated 2 out of 5 stars

Withdrawel of FTX money to a dutch bank account is a nightmare.

Withdrawel of FTX money to bank via intermediary US bank failed. The information on this kind of transaction is terrible from both my own bank, the intermediary and BitGo. They have charged me 70 dollars for this failed transfer, even though I asked them to check if my bank data was correct and they acknowledged it was good.

Now I wanted to use the SOL network to transfer to a Kraken wallet, but you can't select an amount to transfer after buying SOL, since 'the transaction needs 4 hours to settle in'. There are probably all sorts of valid reasons for all this to not work and ultimately it's the FTX creditors who gave zero f*cks about what country you're from.

What an absolute nightmare to try and get my funds to my bank account.

February 27, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Ruben,

Thank you for sharing your feedback. We’re sorry to hear about the difficulties you’ve faced with both bank transfers and settlement times. In some cases, international wires require intermediary bank details, and transfers may be returned if the receiving bank cannot connect.

More information on this can be found in our FTX FAQ at https://www.bitgo.com/ftx-faq

We understand how frustrating this process can feel, and we appreciate your patience as we continue improving support for all creditors.

If we can do anything to help out further, please reach out to our support team.

Rated 1 out of 5 stars

My Bitgo account is frozen since more…

My Bitgo account is frozen since more than a week due to data entry error at connection (so far good security measure). Unfortunately nobody is responding to my e-mails to reactivate my account (5 mails in 7 days). Procedure is to have a videoconference where I can show my ID but nobody dares to organize it at Bitgo. Very bad customer service!

February 27, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Philippe,

Thank you for your feedback, and we’re sorry to hear about the trouble accessing your account.

Our team has requested more information from you so we can arrange the verification call and help resolve this issue if it's still pending.

We appreciate your patience and look forward to getting this sorted if our help is still needed.

Rated 1 out of 5 stars

Can not log in

Can not log in. I have reached out to support. Got a message my case has been filed and someone will reach out within 24 hours. Its has been over a week. No response.

February 24, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Jay,

Thank you for your feedback, and we’re sorry to hear about the delay. Our team has requested more information from you so we can look into this further and help resolve the login issue.

We appreciate your patience and will work to get this addressed as quickly as possible.

Rated 1 out of 5 stars

Worst exchange ever tried, stay away

Worst exchange ever tried, it's unacceptable that FTX creditors are being forced to use this garbage broker.
Withdrawal is a nightmare.
Conversion and transaction fees are absurd.
And I have not yet managed to withdraw.
Stay away. Very away.

February 21, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Nico,

BitGo is not an exchange, but an institutional custody platform appointed to handle FTX creditor distributions.

We’re sorry to hear about the frustration with withdrawals and fees. Settlement and processing times have been slower than usual due to high FTX user volumes, and we’re working hard to improve the experience.

We appreciate your patience as we continue supporting this process.

Rated 2 out of 5 stars

Got my FTX funds to Bitgo

Got my FTX funds to Bitgo. Unable to withdraw. Support not answering. Scam ??
Update: No scam ! Just a little slow with trasfer.

February 20, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Ralf,

Thank you for sharing your experience and for updating your review.

We’re glad to hear your transfer was completed successfully. Settlement times can occasionally take longer during periods of high volume, but we appreciate your patience and understanding.

Rated 1 out of 5 stars

Absolutely terrible

Absolutely terrible, their spreads are >1% which is just criminal. Insane that this is what FTX customers were forced into for asset recovery.

February 19, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Albie,

Thank you for your feedback. We understand your frustration with trading spreads and the limitations around the FTX recovery process. Our Liquidity Providers spreads can vary based on volume and asset of choice.

Spreads can vary with market conditions, and we appreciate your understanding as we continue to improve our client experience.

Rated 1 out of 5 stars

SCAMMERS

These scammers have blocked my account because of an issue with THEIR platform. And it’s been over 15 days since I contacted their support team for help several times and haven’t received one reply. Not one. These scammers are trying to steal my money.

January 28, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Mark,

Thank you for your feedback, and we’re sorry to hear about the trouble with your account and the lack of response.

We’ve requested more information from you so we can look into this further, and we encourage you to reach out directly to our support team if you still need assistance.

Rated 1 out of 5 stars

I am deeply disappointed

I am deeply disappointed with our experience using BitGo as our custody provider. The BitGo Recovery Wizard has been non-functional for over a month now due to a software bug and there is still no resolution. This situation has left us locked out of our funds, which is unacceptable for a custody provider whose core responsibility is secure access to assets.

To make matters worse, the support team has stopped responding after acknowledging that the issue lies within their software. This lack of communication and failure to address such a critical problem is extremely concerning.

January 27, 2025
Unprompted review
BitGo logo

Reply from BitGo

Hi Lorik,

Thank you for your feedback, and we’re sorry to hear about the frustration this has caused.

The Recovery Wizard is currently functional for hot wallets, and our team can assist if you’re still experiencing issues. Please reach out to our support team so we can help you resolve this directly.

Rated 1 out of 5 stars

BitGo AWAY PLZ

I had funds on an institutional FTX account that got stolen along with millions of other peoples funds during the Sam Fiasco. Somehow the claim process has atleast in part been handed off to BitGo, which has been absolutely and I mean dreadfully awful to deal with/navigate. BitGo support is humorously inept and down right terrible at their jobs. It's really truly gross to think they are profiting off of the fraud that ruined millions of peoples lives and they don't even treat the victims with any level of respect. Disgusting horrible company

January 20, 2025
Unprompted review
Rated 5 out of 5 stars

Love it so far

I've been using BitGo for a short time, but it was super easy to set up an account and everything has been very comprehensive so far.

January 14, 2025
Unprompted review
Rated 1 out of 5 stars

Expensive. Very expensive.

Be careful if you have the Starter Paygo account. A transaction from your wallet costs 0.25% of the value being sent.
These guys are even greedier than the worst exchanges out there.
I also think the navigation on their site is a bit confusing, not the most intuitive layout.
The only positive thing is the fast customer service.

August 28, 2024
Unprompted review
Rated 1 out of 5 stars

I lost over 200K they asked me to pay…

I lost over 200K they asked me to pay state taxes, late fees and to unblock the blockchain…. This is a big scam I reported this to the FBI and not his was done many people are being scam by this company it needs to stop….

July 1, 2024
Unprompted review
Rated 1 out of 5 stars

Avoid if you can

Avoid, if you can. They are in charge of the KYC procedure for the Kroll / FTX Restructuring Administration. However, their systems are broken and they can't seem to fix it already since months.

Week after week goes by with notice 'we forwarded your request to the appropriate department' and nothing happens.

Services like these are the reason why Crypto gets heavily regulated.

April 1, 2024
Unprompted review
Rated 1 out of 5 stars

Everything they tell you is a lie

Everything they tell you is a lie. False promises and they don't hesitate to ruin every last cent you have. This company is a big scam. If you are contacted by someone claiming to work for this company, please do not respond. The supposed profits don't exist, and they always find excuses to make you pay. The people who contact you are all fake accounts. Beware of these people and this company. This is just a SCAM. To this day, Lisa Sam of this company refuses to refund me and harasses me on Facebook to make one last deposit to get my profits. This situation has been repeating itself since 08/12/2023.

December 8, 2023
Unprompted review
Rated 1 out of 5 stars

I was robbed of over 10k dollars

OK. THESE PEOPLE RIPPED ME OFF FOR OVER 10K. DOES ANYONE KNOW WHERE THEY ARE LOCATED OR HOW TO GET MY MONEY BACK I READ THAT SOME OF YOU WERE ABLE TO GET MONEY BACK. ? IT WOULD BE VERY HELPFUL TO ME THE AREA CODE 650 IS THE PALO ALTO AREA. PLEASE RESPOND. 6062738687. THANKS

January 12, 2023
Unprompted review

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