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Cofinex
Singapore
07 Apr 2021 (4 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 Cofinex
Company Information
Get to know Cofinex
Cofinex is a blockchain ecosystem comprised of Exchange, Forex, Copay Card, Gold Vending Machine, and Lend. Cofinex Exchange is one of the fastest cryptocurrency exchange platforms in the world, capable of processing over 0.4 million orders per second. The platform focuses on security, robustness, and execution speed - attracting enthusiasts and professional traders a like. The Cofinex exchange provides access to 50+ digital currency pairs, while maintaining security, liquidity and high-speed. The platform offers some of the lowest trading costs in the industry at 0.15% or even less through the use of CNX Coin. The exchange strives to give its users access to some of the latest blockchain/DLT technologies with new cryptocurrencies being listed all the time.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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