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Bitcoin Private

Name: Bitcoin Private
Address: US

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(81 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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 Bitcoin Private

Company Information

Get to know Bitcoin Private

Bitcoin Private (BTCP) was launched in 2018 as a community-driven project aiming to combine the privacy features of Zclassic (using zk-SNARKs) with the security and brand recognition of Bitcoin. It was created by forking the Bitcoin blockchain and merging it with the Zclassic blockchain, a process called a "fork-merge." The project's goal was to provide a decentralized, open-source, and private digital currency. However, its reputation was severely damaged by the discovery of a covert premine, and development has since ceased, rendering the project effectively defunct.

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