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Safebit
Israel
2018 (7 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 Safebit
Company Information
Get to know Safebit
Safebit is a multi-chain wallet applications platform and collaboration network for organizations and users to manage all of crypto assets develop and use a set of crypto apps and services and start a smart-contract based collaborations with anyone, anywhere in the world. The company's multi-chain and user-friendly wallet will allow users to safely own, use, and store any popular cryptocurrency by delivering a new standard for a secure wallet application that also supports any popular hardware or software wallets around today. It will allow developers to take advantage of blockchain technologies without developing wallets and identity tools. Applications like exchanges, wallets, games, accounting and tax tools, DAO management, and others will allow the crypto economy to grow. Safebit was founded on 2018 and is headquartered in Tel Aviv, Israel.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Financial Wealth Management
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