Company Information

Get to know WristCoin

WristCoin was founded with the mission to bridge the gap between digital assets and everyday commerce. The company developed a wearable Near Field Communication (NFC) device, such as a wristband, that functions as an offline, cold-storage cryptocurrency wallet. The core concept was to allow users to make secure, instant, and contactless payments at Point-of-Sale (POS) terminals directly from their crypto holdings, aiming to make spending cryptocurrency as simple as using a contactless credit card. Despite an initial launch and pre-order campaign around 2018, the company's public activity ceased in 2019, suggesting the project has been halted.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial PSP Gateway

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WristCoin

Canada

Founded in

N/A

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

Security Information :

FSCA

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.