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Hong Kong SAR
2018 (8 Years)
Last online: No recent activity
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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.
Get to know MineBit
Company Information
Get to know MineBit
MineBit was a digital asset trading platform launched in 2018. The exchange focused on providing a secure and efficient trading environment for a variety of cryptocurrencies and aimed to list promising blockchain projects. It also featured an Initial Exchange Offering (IEO) platform called "Mars Program" to help new projects fundraise. In early 2020, MineBit abruptly announced the cessation of all operations, citing "internal operational adjustments and changes in the external market environment," which led to significant controversy and user complaints regarding the inability to withdraw funds.
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