Company Information

Get to know OceanEx

OceanEx was a cryptocurrency exchange launched in 2018, positioning itself as an "AI-powered digital asset trading platform." It was built on the VeChainThor Blockchain and served as a key trading hub within the VeChain ecosystem, offering spot trading, perpetual contracts, and other crypto-financial services. The platform emphasized a high level of security, utilizing AI-based tools for asset protection and risk management. However, in late 2022, the company announced it would be ceasing all operations, officially shutting down all services in early 2023 due to challenging market conditions and other operational factors.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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OceanEx

Luxembourg

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

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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.