Company Information

Get to know NIFTY Souq

NIFTY Souq is a digital marketplace specifically designed for Non-Fungible Tokens (NFTs) with a focus on serving creators and collectors in the Middle East & North Africa (MENA) region. Launched as the first major platform of its kind in the area, its mission is to empower regional artists, musicians, and creators by providing them with a platform to mint, showcase, sell, and auction their digital work as NFTs on the blockchain. The platform is built on the Polygon blockchain, offering lower gas fees and faster transactions for its users.

Industry

Crypto ExchangePRIMARY
Crypto Cryptocurrency

Contact

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NIFTY Souq

N/A

Founded in

01 May 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.