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BTCBank
Indonesia
04 May 2015 (10 Years)
Last online: No recent activity
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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 BTCBank
Company Information
Get to know BTCBank
We are the first crypto exchange offer leverage and trans fee mining in Indonesia. We also already established in Vietnam and India. BTCBank is committed to creating an autonomous, efficient and transparent digital asset trading platform that allows traders and investors to confidently trade on any size without worrying about the fairness and transparency of the platform and the reliability of data security and privacy protection. Sexuality, or the integrity and robustness of its order management system. At the same time, BTCBank is not a traditional company, it has taken a key step in the evolution of the digital asset trading platform to the community. The BTCBank community is an open and transparent Token-based organization, and BTCBank Token (BT) represents all interests in the BTCBank trading platform. With the “transaction-mining” model, more than half of BT will be rewarded to community users through fee-based mining. The BTCBank community will allocate 100% of the fee and 70% of the income to the BT holders and will destroy BT regularly. We will allocate this amount of income in equal proportions according to the composition of income. For example, suppose that in a certain allocation period, the BTCBank's to-be-distributed income is 100 BTC, and a user A holds BT, which accounts for 1% of the total circulation. In this period, the income received by the user A is 1 BTC. In addition, each BT holder has the right to participate in community business decisions, team elections and other community activities. BTCBank is a community-based organization that is shared, shared, and shared by all BT holders. Rights of BT holders As the representative of BTCBank community rights, BT is the cornerstone of BTCBank community governance. Members holding BT will have the following rights: 1. Income distribution right BTCBank will allocate 70% of the platform revenue to BT holders and 30% to the development and operation of BTCBank. 2. Participation in decision-making BT holders have the right to participate in the decision-making of major business matters in the BTCBank community, and the BTCBank community will achieve this by launching a smart contract vote. Voting rights BT holders will regularly elect 100 candidate nodes and 25 super nodes, which will be further elaborated later. 3. Supervisory power BT holders can monitor the transparency of the BTCBank platform and the due diligence of each candidate node and super node.
Industry
- Financial InsurancePRIMARY
- Financial Payment
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