Company Information

Get to know Foxbit

Founded in 2014, Foxbit is one of Brazil's earliest and most established cryptocurrency exchanges. The company provides a secure platform for Brazilians to buy, sell, and store a variety of digital assets, including Bitcoin and other major cryptocurrencies. Its mission is to simplify access to the crypto economy with a focus on security, liquidity, and user experience. Beyond its retail exchange, Foxbit also offers institutional services, such as an Over-The-Counter (OTC) desk for large volume trades and Crypto-as-a-Service (CaaS) solutions for businesses looking to integrate digital assets into their operations.

Industry

Crypto ExchangePRIMARY
Crypto Cryptocurrency
Financial Other Service

Contact

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Foxbit

Brazil

Founded in

2014 (12 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.