Company Information

Get to know Byte Power X

Originally an IT services provider, Byte Power X Limited (ASX:BPX) rebranded to Byte Power Group Limited (ASX:BPG) and shifted its business focus to the blockchain and cryptocurrency sector. Its main project was the development and promotion of a cryptocurrency exchange targeting the Australian and Asian markets, alongside providing payment solutions. The company faced significant challenges and was ultimately removed from the official list of the Australian Securities Exchange (ASX) in early 2020.

Industry

Crypto ExchangePRIMARY
Financial Other Service
Technology Software Trading Platform

Contact

Social

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Byte Power X

Australia

Founded in

15 2月 2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.