Company Information

Get to know CoinBurp

CoinBurp was a UK-based crypto platform that aimed to simplify the entry into the world of DeFi and NFTs. Initially launched as a CeFi (Centralised Finance) platform, it provided services for buying and selling cryptocurrencies. The company later pivoted towards Web3, launching a non-custodial wallet that integrated with major NFT marketplaces like OpenSea, allowing users to buy, sell, and store NFTs and other digital assets directly within their application. Despite being backed by notable venture capitalists, the company announced the discontinuation of its CeFi platform, wallet, and native $BURP token in August 2023.

Industry

Crypto BrokerPRIMARY
Crypto Cryptocurrency
Financial Other Service

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CoinBurp

United Kingdom

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.