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Exchange record

Bitsane

Ireland-registered cryptocurrency exchange launched in 2016 that disappeared in June 2019 after withdrawal problems and was publicly treated as an exit-scam style dead exchange.

CEXDeadScam / Rug

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Key facts

Launch date
2016-11-01
Death date
2019-06-27
Years
2016–2019
Origin
Ireland
Confidence
high
Last verified
2026-04-20

URL handling

Preferred action
Use archived URL first for historical viewing.
URL status
Dead domain
Original URL
https://bitsane.com/
Archived URL
View archived site

Summary

Ireland-registered cryptocurrency exchange launched in 2016 that disappeared in June 2019 after withdrawal problems and was publicly treated as an exit-scam style dead exchange.

Timeline

Withdrawals began failing
2019-05-01withdrawal_suspendedhigh

Users reported that Bitsane withdrawals began failing in May 2019, with support citing temporary technical reasons.

Bitsane users lost access as the exchange disappeared from the web
2019-06-17withdrawal_suspendedhigh

Public reporting stated that user withdrawals had been failing for weeks and that by 2019-06-17 the Bitsane website and social accounts had disappeared.

Website and social accounts disappeared
2019-06-17shutdown_effectivecritical

By 2019-06-17, the Bitsane website and social media accounts had been deleted and contact emails were bouncing.

Bitsane was publicly treated as a dead exit-scam exchange
2019-06-27shutdown_effectivecritical

Public exchange-status sources flagged Bitsane as inactive on 2019-06-27 and stated that the disappearance showed the characteristic traits of an exit scam.

Evidence

Archive index for the former Bitsane site
Internet Archive2026-04-14archive_capturemedium reliabilityurl_historyarchive
Crypto Exchange And XRP Refuge Bitsane Vanishes, Scamming As Many As 246,000 Users
Forbes2019-06-27news_articlemedium reliabilitystatusarchive
Irish Crypto Exchange Bitsane May Have Disappeared With Users' Funds
CoinDesk2019-06-28news_articlemedium reliabilitystatusarchive
Exit Scam? Dublin-Based Exchange Bitsane Vanishes With Users’ Funds
Cointelegraph2019-06-28news_articlemedium reliabilitystatusarchive
Bitsane review with 2019 inactive / exit-scam update
Cryptowisser2019-06-27news_articlemedium reliabilitystatusarchive
Irish crypto exchange Bitsane disappears in a suspected scam worth millions
The Block2019-06-28news_articlehigh reliabilitylaunch_datearchive

Related records

CEX
AAX
CEX
Abucoins
CEX
ACX
CEX
Allbit

Notes and record state

Record note
Terminal handling uses the 2019-06-27 public inactive / scam-style marker from Cryptowisser rather than the earlier 2019-06-17 disappearance date. Death reason is mapped to scam_rug because public reporting and the exchange review both describe classic exit-scam characteristics after blocked withdrawals and deletion of the website and social accounts.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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