Company Information

Get to know MyCrypto

Founded in 2018, MyCrypto emerged as a popular free, open-source tool for creating and managing cryptocurrency wallets, focusing on user security and education. It provided a comprehensive dashboard for users to interact directly with the Ethereum blockchain without relying on a third-party custodian. In February 2022, MyCrypto was acquired by ConsenSys, the parent company of MetaMask. The acquisition aimed to merge the teams and technologies of both wallet interfaces to enhance security and create a more robust and user-friendly experience for all users within the MetaMask ecosystem.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service
Technology Software Development

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MyCrypto

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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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.