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13 Apr 2021 (5 Years)
Last online: No recent activity
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This company is currently Unproved.
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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.
Get to know CrossTower India Trading Private Limited
Company Information
Get to know CrossTower India Trading Private Limited
CrossTower India Trading Private Limited was the Indian subsidiary of the global digital asset exchange, CrossTower. Launched in India in 2021, the platform aimed to provide a secure, regulated, and transparent environment for both retail and institutional investors to trade cryptocurrencies. It offered spot trading for major digital assets like Bitcoin and Ethereum. However, due to challenging market conditions and the regulatory climate in India, the company ceased its Indian operations around December 2022. Subsequently, its global parent company was acquired by HashKey Group in 2023.
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