Company Information

Get to know Binkabi

Binkabi was established to create a more efficient and equitable agricultural supply chain using blockchain technology. Its mission was to solve issues like price opacity, high transaction costs, and lack of trust by creating a decentralized platform for commodity trading. Through its "Barter Block" protocol and BKB token, Binkabi aimed to enable direct, secure, and cost-effective bartering and trading of agricultural products, connecting farmers more directly with end-buyers. The project conducted an ICO in 2018 but appears to have ceased active development and public communications in late 2019.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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Binkabi

United Kingdom

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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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.