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Plutus
United Kingdom
01 Jan 2015 (10 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 Plutus
Company Information
Get to know Plutus
Plutus (https://plutus.it) combines the ease of modern banking with access to crypto currencies. The finance app consists of a UK account or a European IBAN to manage fiat & crypto in a non-custodial wallet. It includes a decentralised exchange to swap between both asset types, and a rewarding Visa Debit Card. Every time a user spends with their Plutus Card, they earn 3% back in crypto (PLU), staking PLU unlocks additional rewards (up to 15%) at selected household brand names. Plutus prides itself in being one of the original decentralised finance concepts. Founded in 2015 by serial entrepreneur, Danial Daychopan, Plutus is now used by tens of thousands of users across Europe.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Financial Payment
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