Company Information

Get to know Coinbits

Coinbits was founded with the mission to simplify Bitcoin ownership for everyone. The company provides a user-friendly mobile application that helps users invest in Bitcoin automatically without needing deep technical knowledge or a large initial investment. The core features include "Round-Ups," which rounds up everyday purchases to the nearest dollar and invests the spare change, and "Recurring Buys," which allows for setting up scheduled Bitcoin purchases (a dollar-cost averaging strategy). The service is designed as a passive, long-term savings tool rather than an active trading platform.

Industry

Crypto BrokerPRIMARY
Financial Other Service

Contact

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Coinbits

United States

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)

Security Information :

Company hasn't provided information.

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.