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Netcoins
Canada
15 Jul 2014 (11 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 Netcoins
Company Information
Get to know Netcoins
Netcoins turns any device into a Bitcoin ATM. Netcoins turns any in-store device (tablet, mobile, computer) into a virtual Bitcoin ATM. They handle all the heavy lifting to sell Bitcoin in retail stores! It's the new way for customers to buy Bitcoin, and the easy way for stores to sell it. Whether a customer buys $20 or $2000 in Bitcoin, Netcoins does all the heavy lifting. Stores don't need to maintain Bitcoin inventory or manage legal compliance: Netcoins handles everything and supplies all Bitcoin directly to customers. Unlike traditional Bitcoin ATMs, Netcoins' Virtual Bitcoin ATMs have no upfront or ongoing cost. Partnering stores earn a percentage on every order, which is shared with Netcoins. Retailers are getting into Bitcoin because of the appealing demographic. It's really an ideal demographic that appeals to stores (average age ~30, tech-savvy & educated, high income). Retail stores in this space have seen double digit increase in spin-off sales.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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