Company Information

Get to know CoolBitX

Founded in 2014 by Michael Ou, CoolBitX is a Taiwanese FinTech and blockchain security company. Its mission is to bridge the gap between mainstream adoption and the complexities of cryptocurrency security. The company operates two main business lines: its consumer-facing hardware wallet series, "CoolWallet," which provides credit card-sized devices for securely storing digital assets, and its business-oriented compliance solution, "Sygna," which helps Virtual Asset Service Providers (VASPs) meet regulatory requirements like the FATF Travel Rule.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency

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CoolBitX

Taiwan

Founded in

01 Feb 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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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.