United States


2-5 years

MTL License|

High potential risk


Rating Index



Influence Index NO.1

United States 4.82

Better than 99.83% exchange(s)

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MTL License

Exchange Info

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Phone of the company
Company website
Customer Service Email Address

WikiBit Risk Alerts

Previous Detection 2024-05-19

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!



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Time Machine

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User Reviews


72 ratings

Participate in evaluation
Precious Andy
As the name implies river every thing in the app keeps running perfectly well and their exchange are secured.
2023-11-25 14:39
The exchange's commitment to continuous innovation is evident in its regular launch of new features, ensuring that users always have something to look forward to..
2023-12-03 00:56
bunny crypto
Being a newbie, I was worried about security, but this platform made everything easy. Quick sign-up, easy trades, and a helpful support team.
2023-12-23 21:13
I appreciate the effort Bitmama puts into staying compliant with regulations. It adds an extra layer of trust to the entire trading process.
2023-12-10 09:01
As an experienced trader, the security features here align with my expectations. Cold storage, two-factor authentication – it's evident they take user safety seriously.
2023-12-10 08:52
bunny crypto
The dynamic fee structure, adapting to market conditions, showcases a user-centric approach. It's a fair pricing model that aligns with the fluctuations of the market.
2023-12-04 01:53
I stumbled upon this platform and haven't looked back since. Quick withdrawals, responsive customer support – a winner in my book!
2023-12-04 00:43
I've tried a few exchanges, but this one stands out. The attention to detail and commitment to security are truly commendable.
2023-12-02 04:15
Precious Andy
my experience with rivers platform was one working with a trusted partner. the were great working with and delivered on every promise the made.
2023-11-23 03:07
I find RIVER quite decent. Acceptable in terms of price volatility, as well as liquidity. It seems that RIVER can be traded on a few more exchanges. However, I need more innovative technology and approach.
2024-02-18 22:43
Beware scammers like rivers
2024-01-21 22:24
Loyalty programs and incentives encourage long-term commitment.
2023-12-27 12:22
The comprehensive research tools provided by this platform empower me to make informed decisions. It's like having a personal crypto analyst at my fingertips.
2023-12-26 02:00
This exchange is like a crypto playground for newbies. I feel safe and supported as I take my first steps into the crypto universe.
2023-12-24 21:33
As a beginner, I was worried about getting overwhelmed, but this exchange has a welcoming vibe. The tutorials and community make learning about crypto fun.
2023-12-24 01:00
Started using this platform because of a friend's recommendation, and I'm grateful for it. Trading is much simpler than I thought!
2023-12-22 06:35
The exchange's commitment to social media engagement creates a vibrant online community. It's more than just an exchange; it's a digital gathering place for crypto enthusiasts.
2023-12-22 05:55
This is my first dive into crypto, and I couldn't have asked for a smoother experience. The support team was patient in helping me navigate everything.
2023-12-06 03:22
RIVER's commitment to user empowerment is evident in its educational initiatives. It goes beyond trading, providing insights into the broader blockchain ecosystem.
2023-12-04 03:29
The user interface is so intuitive; it feels like the developers really understand the needs and preferences of the crypto community.
2023-12-04 01:53

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Features Details
Founded in 2021
Registered in United States
Cryoptocurrencies Bitcoin ONLY
Trading Fees 0.8% - 1.2%
24-hour trading volume $100 million
Customer Support Monday - Friday, 9:00 AM – 5:00 PM ET, Email, Phone, Help Center


River Financial, established in 2021, is a US-based Bitcoin-only cryptocurrency exchange. With a daily trading volume surpassing $100 million. River Financial's fee structure is based on the order size, varying from 0.8% to 1.2%.


Pros and Cons

Pros Cons
Primarily focus on Bitcoin Limited selection of cryptocurrencies, only cryptocurerncy
Supervised by NMLS Low Liquidity
Multiple security measures offered No margin trading
Only available in the United States

River Financial excels in these areas:

  • Primarily focus on Bitcoin: River Financial is a Bitcoin-only exchange, which means that it is focused on providing a secure and reliable way to buy and sell Bitcoin.

  • Security Measures offered : River Financial uses a variety of security measures to protect your funds, including cold storage and two-factor authentication.

  • Supervised by NMLS, offering a regulated trading environment.

River Financial lacks in these areas:

  • Limited selection of cryptocurrencies: River Financial only lists Bitcoin.

  • Poor Liquidity, liquidity not that good as many other exchanges.

  • No margin trading: River Financial does not offer margin trading, which is a feature that is available on some other exchanges.

  • Only available in the United States: River only offers services to the residents in the United States.


RIVER FINANCIAL is regulated by the Nationwide Multistate Licensing System (NMLS) under regulatory number 1906809. The exchange holds an MTL License.

The National Mortgage Licensing System and Registry (NMLS) is a database of mortgage loan originators (MLOs) in the United States. The NMLS was created by the Consumer Financial Protection Bureau (CFPB) to help consumers find licensed MLOs and to prevent mortgage fraud.



Here are some key facts about Rivers Bitcoin security:

  • River stores all bitcoins offline and in secure cold storage

  • requires 2FA authentication for all accounts

  • The company secures all of its cold storage using military grade technology

Cryptocurrencies available

River Financial is a Bitcoin-only cryptocurrency exchange, so it only lists Bitcoin. There are currently no plans to list other cryptocurrencies.


The coin listing speed is not publicly available information. However, River Financial has stated that it is committed to listing new cryptocurrencies as they become available.


In addition to its comprehensive crypto trading capabilities, River Financial goes above and beyond by providing an array of services that cater to the diverse needs of its clients.

One noteworthy feature is the inclusion of a secure wallet and custody service, allowing users to store and manage their digital assets with confidence. The integration of the Lightning Network further enhances the platform's functionality, enabling clients to execute instant transfers seamlessly.

By combining these services, River Financial not only serves as a trading platform but also as a holistic solution for users seeking a reliable and multifaceted approach to managing their digital assets.


How to Open an Account?

To open an account on the River Financial exchange, you will need to follow these steps:

  • Go to the River Financial website and click on the “Sign Up” button.

    click on the Sign Up button
  • Enter your name, email address, State and create a password.

    Fill in the required personal information
  • Read and agree to the terms of service and privacy policy.

  • Click on the “Get Started” button.

Once your account is created, you will need to verify your identity. You can do this by providing a government-issued ID and a selfie. Once your identity is verified, you can deposit funds into your account and start trading


River Financial's fee structure is based on the order size. For orders below $250,000, there's a fee of 1.20%. For orders ranging from $250,000.01 to $1 million, the fee is 1.00%. Orders between $1 million and $5 million incur a fee of 0.90%. Lastly, for orders exceeding $5 million, the fee is 0.80%.

Order Size Fee
Less than $250,000 1.20%
$250,000.01 - $1,000,000 1.00%
$1,000,000.01 - $5,000,000 0.90%
More than $5,000,000 0.80%

Customer Support

River Financial provides a Help Center with answers to common questions. You can also contact them via email ( or telephone (888-801-2586). The services hours is Monday - Friday, 9:00 AM – 5:00 PM ET.

customer support

Is RIVER FINANCIAL a Good Exchange for You?

RIVER is considered a best cryptocurrency exchange for its focus on margin trading and derivatives. It offers a wide range of margin trading products with competitive rates, as well as a variety of derivatives contracts for hedging and speculation.

River Financial may be a good exchange for traders in the following types:

  • Traders who are besotted with bitcoin.

  • Traders who pursue a regulated trading environment.

  • Traders who care about trading fees.

Compare RIVER FINANCIAL with Other Exhanges

    Trading Fees From 0.8% to 1.2% Maker: 0.04%, Taker: 0.075% Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5% Up to 0.40% maker fee and up to 0.60% for taker fee
    Cryptocurrencies 50+ 500+ 11 200+
    Regulation Regulated by GFSC ( Exceeded) Regulated by NMLS, MAS/FinCEN (Exceeded) Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)

User Reviews

August 15, 2023

Liam Murphy

“River Financial has been a great find for me. The interface is straightforward, making it easy to navigate. They've got a solid range of cryptocurrencies available for trading, and the security measures in place give me peace of mind. While the customer support is generally helpful, there were a couple of instances where it took a bit longer to get a response. On the plus side, the trading fees are reasonable, and I appreciate the privacy protections they offer. Deposits and withdrawals have been relatively speedy, and I've experienced good liquidity overall.”

September 2, 2023

Conor O'Sullivan

“ River Financial has been my go-to platform for a while now. The simplicity of the interface makes it perfect for newcomers. Knowing that they are regulated adds an extra layer of trust. They cover a decent range of cryptocurrencies, and I've found their customer support to be quite responsive and helpful. While the trading fees are competitive, I've seen a lack of advanced order types which some seasoned traders might miss. On the positive side, their focus on security and data protection is impressive. Speedy deposits and withdrawals have been a plus, and I've experienced smooth stability during my time here. ”


In summary, River Financial is centered around Bitcoin with limited crypto options. It offers low fees, strong security, and NMLS supervision. However, availability varies, liquidity is low, and margin trading is absent. Now, you might want to spend some time deciding whether to use this exchange.


Q: What is River Financial?

A: River Financial is a Bitcoin-only cryptocurrency exchange that was founded in 2021.

Q: Is RIVER FINANCIAL a secure platform for trading Bitcoin?

A: RIVER FINANCIAL prioritizes security and regulatory compliance, providing users with a secure platform to buy and sell Bitcoin.

Q: What cryptocurrencies are listed on River Financial?

A: River Financial only lists Bitcoin.

Q: Is River Financial a good exchange?

A: River Financial is a reputable cryptocurrency exchange that is a good choice for investors who are looking to buy and sell Bitcoin. The exchange has a good reputation for security and reliability, and it offers competitive fees. However, River Financial is a Bitcoin-only exchange, so it is not a good option for investors who are looking to trade other cryptocurrencies.

Risk Warning

Cryptocurrency trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.