Company Information

Get to know AthleteX

AthleteX is a decentralized fantasy sports platform built on blockchain technology, operating on the Polygon and Arbitrum networks. It functions as a decentralized exchange (DEX) where users can buy, sell, and trade "Athlete Tokens" (AXTs), which are crypto tokens whose value is tied to the real-world statistical performance of athletes. The platform's mission is to create a new market that combines sports fandom with decentralized finance (DeFi), allowing users to speculate on and invest in the careers of their favorite athletes as if they were stocks.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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AthleteX

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.