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Brazil
2018 (8 Years)
Last online: No recent activity
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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.
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.
Get to know Alterbank
Company Information
Get to know Alterbank
Founded as Brazil's first "crypto bank," Alterbank aimed to bridge the gap between the conventional financial system and the crypto economy. It provided users with a digital account, a physical and virtual Visa card, and a platform to buy, sell, and store cryptocurrencies like Bitcoin. The key feature was allowing users to seamlessly use their crypto balance to fund their Visa card for everyday purchases. In 2022, the company was acquired by Méliuz. However, in May 2023, Méliuz announced the discontinuation of Alterbank's crypto-related operations to focus on its core financial services.
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