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Rebit
Philippines
2014 (11 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 Rebit
Company Information
Get to know Rebit
Rebit.ph is a service of Satoshi Citadel Industries, a Philippine-based holdings company for Bitcoin-related ventures. It is our mission to further the growth of the Bitcoin network in the Philippines, by providing universal access to otherwise inaccessible financial services, enabling unemcumbered participation in the internet economy regardless of the size of your bank account, and fostering innovation without permission from central authorities. The Philippines is the second largest recipient for remittances in Asia, with a total of US$26 billion transferred in 2013. The lion's share of these remittances are enabled by conventional banks and money transfer agents, which charge hefty fees for international transactions. Rebit aims to provide a comparable service at a significantly lower rate by leveraging the superior process that the Bitcoin platform enables. We strive for total transparency in both our business model and service fees, and offer the best BTC-to-PHP payout rates in the Philippines. Our delivery options include forwarding to most local banks, as well as the most popular pawnshops and payment centers.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Financial Payment
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