Steem
United States
Founded in
2016 (10 Years)
Founded
Last online: No recent activity
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OVERALL SCORE
Licenses
--/40
Reviews
25/60
2 reviews
Provided by TrustFinance
OVERALL SCORE
Licenses
--/40
Reviews
25/60
2 reviews
Provided by TrustFinance
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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.
Company Information
Get to know Steem
Company Information
Get to know Steem
Steem is a decentralized, blockchain-based social media and content platform launched in 2016 by Ned Scott and Dan Larimer. It operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism and powers a variety of decentralized applications (dApps), the most well-known being the social network Steemit. The ecosystem uses three core digital assets: STEEM (the primary cryptocurrency), Steem Power (SP, used for voting and influence on the network), and Steem Dollars (SBD, a token designed to be pegged to the US dollar). In 2020, the Tron Foundation acquired Steemit, Inc., the platform's initial developer, which led to a contentious community split and the creation of a hard fork named Hive.
Industry
- Crypto CryptocurrencyPRIMARY
Contact
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Social
Reviews
Highlight Review
Review Analytic
Aliyu Garba
Direct
Excellent
Overall Thought
Steem has been an incredible journey for me in the world of crypto. Their innovative blockchain-based social media platform has empowered me to connect with like-minded individuals, share my thoughts, and earn rewards through my content. The ease of use and vibrant community on Steem make it stand out. I've had the pleasure of witnessing firsthand how this platform fosters creativity and engagement. Steem's unique approach to combining social networking with blockchain technology is truly inspiring, and I'm excited to continue being a part of this evolving ecosystem.
Aug 31, 2023
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