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BNAX
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2018 (7 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know BNAX
Company Information
Get to know BNAX
BNAX is a team of crypto-enthusiasts, who decided to conquer the cryptocurrency world with a new product. Despite all tensions around cryptocurrencies in the European Union, it is hard to deny that cryptocurrency is developing and emerging in more markets nowadays. Our talented team came up with an idea of the marketplace for all cryptocurrency traders, who want to buy and sell Bitcoin, Ethereum or Tether, regardless of their current experience. Nowadays, there are a lot of cryptocurrency exchanges available for trading. Nonetheless, not all of them can provide regular users, as well as professional traders with decent features and opportunities. Here is the point, where we want to engage. BNAX is developing a common marketplace for all cryptocurrency traders. With this in mind, traders may enjoy the trading process by using our exchange, by selling and buying Bitcoin, Ethereum, XRP, as well as get clients to boost people’s knowledge and skills of trading. It is worth mentioning that our marketplace’s main feature is a rating system. Based on ratings, regular users have a unique opportunity to pick up professional traders as their mentors. They can learn how to trade, buy Bitcoin and make their first steps on the market under the mentorship of the best traders on BNAX. Professional traders not only can increase their reputation among the crypto community but also earn solid bonuses in different forms. Even though we may face a lot of challenges by presenting and promoting our product on the market, we are not ready to give up at any point. Our team desires to make the cryptocurrency trading more available for regular users, and more profitable for professionals.
Industry
- Crypto CryptocurrencyPRIMARY
- Technology Software Trading Platform
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