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Rating Index

Pros

Competitive trading fees, including negative maker fees which can benefit active traders.
Wide range of cryptocurrencies available for trading, offering opportunities for diverse investment.
User-friendly trading platform that is suitable for both beginners and experienced traders.

Cons

The exchange has faced security issues in the past, including a significant hack that raised concerns about safety.
Liquidity on the platform has been low, which may affect trading efficiency and execution times.
Limited deposit methods, as it primarily accepts cryptocurrency deposits, which may deter new investors.

Altilly Company

Altilly Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Altilly Company was founded in 2018, emerging as a cryptocurrency exchange designed to facilitate the buying and selling of various digital assets. The platform aims to provide a user-friendly environment for both novice and experienced traders, emphasizing security and ease of use.

Parent Company/Ownership Structure

Altilly operates under the ownership of Tech Infinity Limited, a company based in Hong Kong. This ownership structure allows Altilly to leverage resources and expertise in the rapidly evolving cryptocurrency market.

Headquarters Location

The headquarters of Altilly is located at Unit 2512, 25/F, Langham Place Office Tower, 8 Argyle Street, Mongkok, Kowloon, Hong Kong. This strategic location positions Altilly within a vibrant financial hub, facilitating international business operations.

Global Business Scope

Altilly serves a global clientele, offering trading services to users across various regions. The platform is designed to accommodate users from multiple countries, providing a diverse range of trading options to meet the needs of different markets.

Main Regulatory Bodies

Altilly is subject to regulations from several financial authorities, primarily focusing on compliance with anti-money laundering (AML) and know your customer (KYC) policies. The exchange operates in accordance with the laws of the jurisdictions in which it operates, including adherence to regulations set forth by the Financial Action Task Force (FATF) and other relevant bodies.

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2. Company History and Development

Key Milestones

Since its inception in 2018, Altilly has achieved several key milestones, including the launch of its trading platform, the introduction of various cryptocurrency pairs, and the establishment of a robust customer support system.

Business Expansion Journey

Altilly has expanded its services to include a wide array of cryptocurrencies, catering to the growing demand for digital assets. The exchange has continually adapted its offerings to align with market trends, ensuring that users have access to the latest trading options.

Customer Base Growth

Over the years, Altilly has witnessed significant growth in its user base, reportedly serving over 2 million customers. This growth can be attributed to the exchange's focus on security, user experience, and a diverse range of trading options.

Platform Development History

The Altilly platform has undergone several updates and enhancements to improve user experience and functionality. The introduction of mobile trading capabilities has allowed users to trade on the go, further increasing the platform's accessibility.

Important Awards or Recognitions Received

While specific awards or recognitions have not been detailed, Altilly has garnered positive reviews from users for its security measures and customer support, contributing to its reputation in the cryptocurrency exchange market.

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3. Trading Services Offered

Forex Trading Options

Altilly offers forex trading options, providing a selection of currency pairs for traders. While the exact number of pairs may vary, the platform is designed to accommodate a diverse range of trading preferences.

Stock Trading Options

Currently, Altilly primarily focuses on cryptocurrency trading rather than traditional stock trading. However, the platform's expansion plans may include the addition of stock trading options in the future.

CFD Trading Products

Altilly provides access to Contracts for Difference (CFDs), allowing users to speculate on price movements of various assets without owning the underlying assets. This feature appeals to traders looking for flexible trading strategies.

Other Financial Instruments

In addition to forex and CFDs, Altilly offers a wide range of cryptocurrencies, including major coins like Bitcoin, Ethereum, and numerous altcoins. The platform also supports trading in commodities, enhancing its appeal to a broader audience.

Special Services or Unique Advantages

Altilly distinguishes itself through its advanced security measures, including 256-bit SSL encryption and two-factor authentication (2FA). The platform also offers a user-friendly interface, 24/7 customer support, and a loyalty program for verified users, which provides rewards for trading activities.

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Detailed Regulatory Information

Altilly is regulated under various financial authorities, focusing on compliance with AML and KYC regulations. The exchange adheres to the guidelines set forth by the Financial Action Task Force (FATF) and other relevant regulatory bodies to ensure a secure trading environment.

Altilly operates as a legal entity in multiple jurisdictions, with its primary registration in Hong Kong. The company maintains compliance with local laws and regulations in the regions where it conducts business.

Client Fund Protection Measures

Altilly employs several client fund protection measures, including segregated accounts for user deposits and robust security protocols to safeguard user data and assets. These measures are designed to enhance user confidence in the platform.

Countries/Regions Served

Altilly serves a global audience, allowing users from various countries to access its trading platform. The exchange's commitment to regulatory compliance ensures that it operates within the legal frameworks of the regions it serves.

Compliance History

Altilly has maintained a compliance-focused approach since its launch, implementing necessary measures to adhere to regulatory requirements. The exchange's commitment to transparency and user safety has contributed to its positive reputation in the industry.

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5. Competitive Landscape

3-5 Main Competitors

Altilly operates in a competitive landscape, with several notable competitors, including:

  1. Binance - A leading global cryptocurrency exchange known for its extensive range of trading pairs and advanced features.
  2. Coinbase - A popular platform in the United States, known for its user-friendly interface and regulatory compliance.
  3. Kraken - A well-established exchange offering a variety of cryptocurrencies and trading options, appealing to both novice and experienced traders.

Positioning in the Industry

Altilly positions itself as a user-friendly and secure cryptocurrency exchange, targeting both new and experienced traders. Its focus on security and customer support helps differentiate it from competitors in a crowded market.

Market Differentiation Factors

Altilly's key differentiation factors include its commitment to advanced security measures, a responsive customer support team, and a diverse range of trading options. The platform's loyalty program and mobile trading capabilities further enhance its appeal to users seeking a comprehensive trading experience.

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Conclusion

Altilly Company has established itself as a significant player in the cryptocurrency exchange market since its founding in 2018. With a strong focus on security, user experience, and a diverse range of trading options, Altilly continues to attract a growing customer base while maintaining compliance with regulatory standards. As the cryptocurrency landscape evolves, Altilly's commitment to innovation and customer support positions it well for future growth in the industry.

For more information on Altilly and its services, learn more.