Company Information

Get to know vault of satoshi

Founded in 2013 by Mike Gogulski and Jason Nagy, Vault of Satoshi was a prominent Canadian cryptocurrency exchange based in Kingston, Ontario. It gained significant recognition for being one of the first exchanges in the world to voluntarily register with its national financial intelligence unit, FINTRAC, demonstrating an early commitment to regulatory compliance. The platform offered a live order book for trading cryptocurrencies like Bitcoin, Litecoin, and Dogecoin against Canadian and US dollars. Despite its success and positive reputation for security and compliance, the company announced its closure in February 2015, ceasing operations to allow its team to focus on a new, unrelated venture.

Industry

Crypto ExchangePRIMARY
Financial Other Service

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vault of satoshi

Canada

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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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.