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CoinClaim

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United States

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02 Aug 2018 (7 Years)

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Security Information

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    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.

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    Get to know CoinClaim

    CoinClaim is a cryptocurrency payment and allocation platform that utilizes the CLM utility token (or any other digital asset) to pay distributed recipients on a mass scale. Did you know that millions of people around the world have made the token economy part of their everyday life? These under and un-banked people are eager to work, and accept payments in cryptocurrency through the CoinClaim platform. Through its partners, CoinClaim serves this global workforce, and the individuals and brands looking to hire them. CoinClaim was launched in 2018 to provide a turnkey, fraud-free, single point of entry platform for individuals, brands and the world’s under and un-banked communities. Our technology allows distribution of payments for services to recipients on a mass scale, with lower fees. CoinClaim is not a whitepaper. It is a proven, working platform serving hundreds of thousands of users worldwide. CoinClaim has not raised money through an ICO or IEO. CoinClaim is a cryptocurrency technology platform that was built to solve three problems related to dispersing micropayments to individuals around the world. · Payers new to cryptocurrency are subject to a fragmented and confusing technology experience when seeking to make crypto payments. CoinClaim removes the barriers to entry for those wishing to send micropayments. Our one-to-many system allows for input of any currency (including fiat), and output in cryptocurrency to an unlimited number of recipients. · Making payments to billions of under-banked and unbanked people around the world presents many risks. Sending fiat currency presents risk for theft or mismanagement of funds by those who distribute to the final recipient. Cryptocurrency is recorded in an open ledger, eliminating the potential for fraud. Crypto also allows direct delivery to an unlimited number of intended payees without middle-men or handling fees/charges. The intended recipient receives exactly the amount sent, without risk of fraud or middlemen “taking a cut” for their services. · Making micropayments with fiat currency or Bitcoin currently subjects the payer/payee to fees that are out of proportion to the low amount of the transfer. For example, an employer may require 100 users to complete a task, paying $0.15 per task. The fees applied to each $0.15 payment would exceed the amount earned. With CoinClaim, $0.15 tasks can be distributed for a fee of 0.13% or less. The CLM Token is an ERC-20 token created in 2018 and is currently exchangeable on three exchanges. All CoinClaim partners use the CLM utility token for transactions in the system.

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