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Coinberry
Canada
09 Jul 2017 (8 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 Coinberry
Company Information
Get to know Coinberry
Founded in 2017, Coinberry is a FINTRAC-registered fintech focused on blockchain and digital currency solutions. Based in Toronto, Canada, the company shares a home with such notable crypto projects like Ethereum, Polymath, and Aion. Coinberry was the first digital currency platform to partner with a Municipal Government for Bitcoin tax payment processing in Canada, following the introduction of Bitcoin property tax payment processing in the Town of Innisfil and the City of Richmond Hill. Coinberry offers members the simplest and quickest way to buy and sell Bitcoin, Ethereum, Litecoin, XRP and Bitcoin Cash using Canadian dollars, and was Canada's first cryptocurrency trading platform to introduce 0% funding fees and 0% withdrawal fees. Coinberry secures the best cryptocurrency prices from trusted exchanges globally using its proprietary algorithm. Trusted by thousands of users in Canada and abroad, Coinberry aims to deliver the best in class user experience. The company supports both desktop and mobile experiences across our suite of Web, iOS and Android applications.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Technology Software Development
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