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INLOCK

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Hungary

Founded in

03 Jan 2018 (7 Years)

Founded

Last online: No recent activity


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0.00

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Traffic & Engagement

1.67

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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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    Company Information

    Get to know INLOCK

    Inlock is a lending platform where users can take out stable coin loans by using their cryptocurrencies as collateral. Institutional lenders provide the necessary funds, the platform itself holds no liquidity. Customers can use Inlock's service by holding & spending ILK tokens, an ERC20 based utility token. Most of the platforms roles are outsourced, with separate entities providing loans, managing collateral, and connecting borrowers with lenders.

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Other Service
    • Financial Payment

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