#BitBns Scam in India. Anyone affected here?

📉 Widespread withdrawal failures

Numerous users report that INR and crypto withdrawals are stuck for months—even years.

“BitBNS has not allowed any INR withdrawals
 in March 2024 they completely shut down INR and crypto withdrawals”

“I initiated a cash withdrawal
 in Jan ’24 and the amount is yet to be credited”

Even smaller amounts (â‚č5k express withdrawals) usually don’t succeed.

😡 Trust broken — allegations of a scam

Users accuse BitBns of operating like a Ponzi scheme, using fresh deposits to pay earlier withdrawals.

“BitBNS is basically a Ponzi Scam
 they block withdrawals and keep sending excuses”

Some users say USDT deposited via P2P appears, then vanishes—calling it “organized fraud.”

📱 Community action & regulatory warnings

Legal groups have formed; police and consumer court complaints filed.

Crypto watchdogs have flagged BitBns for freezing withdrawals for over 370 days.

🏩 Official review vs. real experience

Despite BitBns’ founding in 2017 and some listed features, user experiences allege systemic failure and wrongdoing.

✅ Summary

Yes, many users are unable to withdraw INR or crypto—often for months.

The platform is widely accused of scam-like behavior.

Legal complaints are growing; regulators and communities are on alert.

🔍 What to do if affected:

Avoid depositing anything new.

Document failed withdrawals.

File cybercrime/consumer court complaints.

Join collective legal action groups.

⚠ Bottom line:

BitBns currently appears unreliable at best, and possibly fraudulent.

Avoid using it until there is legal clarity and proven resolution of withdrawal issues.