Company Information

Get to know Ubcoin Market

Ubcoin Market was a project launched in 2018 by the creators of Ubank, a mobile payments application popular in Eastern Europe. The company's mission was to bridge the gap between the crypto world and the real world by creating an "eBay-like" platform where individuals could easily exchange goods for digital assets. The ecosystem was powered by its native utility token, UBC, which was issued via an Initial Coin Offering (ICO). The platform aimed to provide a legal, secure, and user-friendly interface for crypto-owners to spend their assets and for everyday users to acquire cryptocurrencies. However, following the ICO boom, the project failed to gain significant traction and appears to have ceased development and operations around 2019.

Industry

Crypto CryptocurrencyPRIMARY
Financial PSP Gateway

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Ubcoin Market

N/A

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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.