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Coincover
United Kingdom
May 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 Coincover
Company Information
Get to know Coincover
Protection provides safety against the loss or theft of crypto assets, and fraudulent transactions. Coincover Protection provides end-users unparalleled safety against the loss or theft of crypto assets, and fraudulent transactions, ensuring assets are both safe and accessible. We are so confident in our protection, Our Lloyds of London insurance backed guarantee ensures no funds will be lost or stolen. Coincover Protect delivers through a key combination of technology solutions Cryptocurrency Theft cover: protecting end-users against cryptocurrency theft from phishing, hacking and cyber attacks to criminal extortion. If the worst does happen, Coincover will retrieve the value of crypto funds fast. With no deductible, the full value of crypto is returned. Deposit Protection Guarantee: protection for end-user cryptocurrency deposits against lost access; including password, device and key loss as well as through business failure. Funds are guaranteed to always be accessible. Transaction Checker: real time transaction monitoring for crypto assets to ensure genuine transactions. Coincover identifies, investigates and flags any suspicious transactions in real time so end-users never need worry about theft of crypto funds.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Insurance
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