BiUP

BiUP was a cryptocurrency exchange launched around 2018, reportedly based in Singapore. The platform's main value proposition was its "insurance mode," a feature designed to compensate users for potential losses on their trades, aiming to attract both novice and experienced traders. It supported trading for major digital assets like BTC and ETH. However, the exchange ceased operations around 2019, with its website and services becoming inaccessible. This sudden closure led to numerous public complaints from users who were unable to withdraw their funds.