Company Information

Get to know BittWatt

BittWatt was established as a platform to decentralize and innovate the energy sector. Its mission was to create a transparent and efficient marketplace by directly connecting electricity consumers with producers using blockchain technology and smart contracts. The platform aimed to simplify energy procurement, balance supply and demand, and facilitate billing and payment through its native BWT token, which was initially distributed via an Initial Coin Offering (ICO) in 2018. The project intended to serve as a standardized system for the global energy market.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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BittWatt

Singapore

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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FTD LIMITED

(505 reviews)

British Virgin Islands

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.