Company Information

Get to know Platincoin

Launched around 2016-2017 by founder Alex Reinhardt, Platincoin (PLC) was presented as a digital currency ecosystem designed to provide passive income to its users. The core business model involved selling "minting farm" packages that would generate new Platincoin tokens over time, promising high returns. The project heavily relied on a network marketing or multi-level marketing (MLM) strategy for promotion and distribution. Over time, the project has undergone several rebranding efforts, introducing new coins like PLC Ultima (PLCU) and, more recently, Smart Coin (SMART), with the stated mission of creating a global crypto payment and infrastructure system.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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Platincoin

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OVERALL SCORE

Licenses

--/40

Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.

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.