Company Information

Get to know Domination Finance

Domination Finance was a DeFi (Decentralized Finance) project that developed and operated a non-custodial decentralized exchange. Its unique proposition was allowing users to speculate on and trade pairs based on the market dominance of major cryptocurrencies, such as Bitcoin (BTC.D) and Ethereum (ETH.D). The project aimed to provide novel financial instruments for the crypto market. However, the team officially announced it was shutting down the project and pausing all contracts on May 16th, 2022, effectively ceasing all operations.

Industry

Crypto ExchangePRIMARY
Crypto Cryptocurrency
Financial Other Service

Contact

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Domination Finance

Name: Domination Finance
Address: US

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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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.

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.