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Octobase
South Africa
Sep 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 Octobase
Company Information
Get to know Octobase
We’re taming the wild west of crypto currencies and the decentralized economy, by bringing bank account-like functionality to people, but without custodial risks. In a nutshell, we’ve developed a decentralized financial solution that allows users to have all the convenience and security of traditional mobile banking, without needing to trust a third party custodian with their funds. Current features: - Sending, receiving, and storing of over 1 000 cryptocurrencies - 100% non-custodial. No central control; not even we have access to your funds - Spending Limits - Lost Account Recovery - Theft/Fraud Protection - Meta transaction relay functionality (which allows a user to pay transaction fees in any currency he chooses) - Android and iOS Future features we are planning - Will and Estate Planning - Digital Safety Deposit Boxes - Fixed Term Deposits - Decentralized Loans/Lending integration - More bank-like products
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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