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2017 (9 Years)
Last online: No recent activity
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What are the differences in regulations for each
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.
Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.
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Mar 11, 2025
This company has ceased operations. Please be cautious of malicious individuals fraudulently using the company's name.
Get to know Hoo.com
Company Information
Get to know Hoo.com
Founded in 2018, Hoo.com (operated by Hoo Group Limited) was a cryptocurrency exchange that emerged from the merger of OAX and Chaince. The platform aimed to be a comprehensive blockchain asset service provider, offering a wide range of services including spot trading, futures contracts, institutional custody (Hoo Custody), and a launchpad for new projects (Hoo Labs). In mid-2022, the exchange experienced a severe liquidity crisis, leading to the suspension of user withdrawals. Despite attempts to resolve the issues, Hoo.com officially announced the cessation of all trading services on November 18, 2022, and initiated a controversial token-based plan for user asset withdrawals, which was met with widespread user complaints.
Industry
Review Analytic
juliavaldez6013
Direct
Excellent
Overall Thought
I truly appreciate Hoo.ltd for restoring access and giving me hope again. Many of us thought everything was gone, but now we can access our accounts, and also withdraw. I hope they continue to build trust and improve system stability. This effort deserves praise.
Hopejane78
Direct
Great
Overall Thought
I’ve been a long-time Hoo user from before the platform changes, and for a period of time my funds were inaccessible, which was understandably frustrating. Recently, I migrated to their updated platform at hoo.ltd, completed the account merge process, and I’m happy to say that I successfully withdrew my funds. The process required some patience, but I genuinely appreciate the effort the hoo.ltd team made to restore access for previous users and provide a clear path to recover balances. Seeing this level of follow-through gave me renewed confidence in the platform. Overall, I’m grateful that the situation was resolved and that long-time users were not forgotten.
cooperkumar432
Direct
Average
Overall Thought
For a long time, I thought my crypto journey with Hoo was over after the old platform had problems and many of us couldn’t access our accounts again. I remember how stressful that period was — checking the site every day, sending messages, hoping something would change, but nothing happened. I honestly lost hope. Recently, I found out about the new Hoo platform at hoo.ltd, and I decided to give it a try. I was nervous at first because of what happened before, but I still wanted to see if anything had truly improved. I was able to merge my old account and complete my KYC verification, and the new platform looks better and more organized. I could log in and manage my account without any major issues. The support team responded to me and the process felt more active than the old days. So for now, I’ll say this: hoo.ltd looks like an attempt to fix the past and move forward. My experience wasn’t bad, and it gave me a bit of relief after everything that happened before.
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