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Otcrit
Bulgaria
23 Aug 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 Otcrit
Company Information
Get to know Otcrit
The new crypto-economy is growing exponentially with unprecedented speed and the market is soon to hit one trillion dollars market capitalization. However, the biggest issue in the cryptocurrency market is the lack of transparency and authentic information. Researching a company could take days, even weeks and it’s not guaranteed that investors will find any valuable data. We understand how difficult it is to spend time following all market changes and projects’ development that are necessary to make a good investment. This is why we strive to give not only in-depth analyses but also a different independent perspective that investors can rely on and profit from. Otcrit will be their personal advisor and portfolio manager they can reach anytime, anywhere. At the moment individuals are issuing tokens with no business plans or actual prospects for realizing their ideas and most of them are reviewed by unexperienced and biased people that are usually endorsed for it. Exchanges only list companies that can afford their extremely high entry fees and don’t care about the assets being traded. Our solution is to make this process easier, faster and more professional. The platform allows serious investors to receive expert reports for the projects and companies they are interested in. It also gives less experienced users the opportunity to get their hands on easy to understand material and not gamble with their money. We offer days and even weeks of quality research including company assessments and audit reports. These papers will be published not only in English, but in Russian, Chinese, Japanese, German and we’ll add more languages in the future. Everyone will have a quick and easy access anywhere in the world. No time wasted - only crucial information. The Otcrit platform also has its own cryptocurrency exchange in development where only projects audited by our certified partners will be available for trading. A percentage of the profit from the collected fees will be distributed between all OTC token holders. The OEX will also pay commissions to all companies listed on it and by doing so reward them for their transparency. We are against the current model where companies are required to pay, in some cases hundreds of thousands of dollars, to be listed on other exchanges and not even get a share of the profits.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Technology Software Trading Platform
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