Company Information

Get to know Rawpool

Founded in 2017 and based in China, Rawpool was a significant cryptocurrency mining pool that allowed individual miners to contribute their hashing power to a larger network. By pooling resources, miners increased their chances of solving a block and receiving a share of the block rewards. The platform supported multiple proof-of-work cryptocurrencies and various mining algorithms. However, following the Chinese government's comprehensive crackdown on cryptocurrency mining and trading in 2021, Rawpool ceased its domestic operations and is now considered inactive for public use.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

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Rawpool

China

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

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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.