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CryoBit
United States
2011 (14 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 CryoBit
Company Information
Get to know CryoBit
CryoBit have been crypto-currency enthusiasts since 2011. They recognized the need for quality, highly resilient, and beautiful solutions to offline (cold) storage of these revolutionary bits of data early on, after one of them (who will remain unnamed) lost a paper wallet to a minor flooding incident. Solving the problem of how to ensure that their personal coins were safe from the wet, humid, and corrosion inducing climate of their home state of Florida was the first step. The next steps evolved into countless tests, trials and missteps but eventually they found a solution that gave them the peace of mind they desired; the knowledge that their coins could be safe from any threat – be it flood, fire, physical damage, physical theft, and especially digital theft. Once their own feelings of security had been attained, they realized that the crypto-currency community also deserved this solution. A solution that not only met the same security requirements that Their co-founders had, but also embraced the intent that crypto-currencies were invented with – that trust of third parties was no longer necessary and one could be one’s own bank.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
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