Company Information

Get to know Purse

Founded in 2014, Purse operates a two-sided marketplace that connects individuals who want to purchase items on Amazon with cryptocurrency (Shoppers) and those who wish to exchange their Amazon gift cards or purchasing power for cryptocurrency (Earners). Shoppers can receive a discount on their Amazon orders by paying with Bitcoin or Bitcoin Cash, while Earners fulfill these orders to receive crypto. The company's mission is to make cryptocurrency useful for e-commerce and to facilitate the liquidation of gift cards into more liquid digital assets.

Industry

Media Business NewsPRIMARY
Crypto Cryptocurrency
Financial Other Service

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Purse

United States

Founded in

Apr 2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

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.