Company Information

Get to know ETERBASE a.s.

ETERBASE a.s. was a Slovakian company that launched a digital asset exchange in 2019, aiming to provide a fast, secure, and compliant trading platform for individuals and institutions, with a focus on the European market. The platform listed numerous cryptocurrencies and offered features like sub-accounts and API access. However, in September 2020, the exchange suffered a significant hack, resulting in the theft of approximately $5.4 million in various cryptocurrencies. Despite attempts to relaunch and recover the funds, the company ultimately failed to resume operations and filed for bankruptcy, leaving many customers unable to retrieve their assets.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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ETERBASE a.s.

Slovakia

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.