Company Information

Get to know Bitify PTY LTD

Bitify PTY LTD operates a global online marketplace, similar to eBay, where transactions are conducted exclusively using cryptocurrencies like Bitcoin and Litecoin. The platform facilitates peer-to-peer commerce for both digital and physical goods, allowing users to list items for sale through auctions or fixed-price listings. A key feature of its service is a built-in escrow system, which holds the buyer's payment until the goods are received, aiming to provide a secure environment for both parties and mitigate transaction risks inherent in the crypto space.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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Bitify PTY LTD

Australia

Founded in

2013 (13 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.