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Get to know genitrust, inc represents wall of coins

Wall of Coins, operated by the Florida-based company GeniTrust, Inc., was a non-custodial, peer-to-peer (P2P) cryptocurrency exchange founded in 2014. Its unique model focused on facilitating the purchase of Bitcoin using physical cash. Buyers would locate a seller on the platform, receive instructions to deposit cash at a specific major bank branch (like Chase, Bank of America, or Wells Fargo), and upon the seller's confirmation of the deposit, the Bitcoin would be released directly to the buyer's wallet. The platform aimed to provide a fast, simple, and private way to acquire Bitcoin without linking a personal bank account online. The service ceased all operations in early 2022.

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Crypto ExchangePRIMARY
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genitrust, inc represents wall of coins

United States

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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--/40

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--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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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.