Company Information

Get to know Coinbits.io / Blockraft Pty Ltd

Coinbits is a service operated by the Australian-registered company Blockraft Pty Ltd. Its mission is to simplify Bitcoin ownership for everyone through a "set it and forget it" model. The platform functions by rounding up users' daily card transactions to the nearest dollar and investing the accumulated spare change into Bitcoin, a strategy also known as micro-investing or dollar-cost averaging. The service is primarily targeted at individuals looking for an easy, automated, and low-friction way to begin accumulating cryptocurrency without the complexities of traditional exchanges. Blockraft Pty Ltd is registered with AUSTRAC as a Digital Currency Exchange provider.

Industry

Crypto BrokerPRIMARY
Financial Other Service

Contact

Social

Company hasn't updated its information.

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Coinbits.io / Blockraft Pty Ltd

Australia

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

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.

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.