Regulated

Score

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/10

RIVER

United States

|

5-10 years

MTL License|

Digital Currency License|

High potential risk

https://river.com/

Website

Rating Index
Influence

Influence

A

Influence Index NO.1

United States 4.82

Better than 99.85% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
A

Licenses

NMLS

NMLSRegulated

MTL License

DFI

DFIRegulated

Digital Currency License

Exchange Info

More
Company Name
RIVER
Phone of the company
--
Company website
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Facebook
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Customer Service Email Address
support@river.com

WikiBit Risk Alerts

1
Previous Detection 2024-12-11

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

Website

Genealogy

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Keywords

Time Machine

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Vol Stat

Influence

Yesterday Vol

7 Days

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User Reviews

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73 ratings

Participate in evaluation
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
7
CKW543
Is RIVER the interface? Or is it fake? The iOS App Store in my region does not allow me to download it.
2024-11-21 14:32
0
FX1855415173
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
0
Tuyoleni
Beware scammers like rivers
2024-01-21 22:24
0
fidi
Loyalty programs and incentives encourage long-term commitment.
2023-12-27 12:22
3
abit2946
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
4
Agudi
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
2
aisha6814
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
4
sulfax
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
7
betty328
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
8
Tuyoleni
No signal today
2024-01-14 17:33
8
chucks
Prompt notifications keep me updated on market movements and account activities. It's a thoughtful feature that enhances user awareness.
2023-12-28 01:56
6
trippin
The exchange's commitment to customer satisfaction is evident in its service quality.
2023-12-27 12:50
4
nike6223
Security is paramount for me, and this exchange nails it. Two-factor authentication, cold storage – I sleep well knowing my assets are safe.
2023-12-24 12:18
6
solana lover
As a newbie, I appreciate the simplicity of this platform. It's like they understand the struggles of beginners, and everything is laid out in an easy-to-follow manner.
2023-12-24 12:13
8
wendy3050
As a newbie, I'm glad I chose this exchange. The platform feels like a friendly mentor, guiding me through the complexities of the crypto market at my own pace.
2023-12-24 11:32
3
flora1532
Being a newbie, I was concerned about the learning curve, but this exchange has simplified everything. The educational materials are helping me build a solid foundation in crypto.
2023-12-24 10:14
5
investor K
This exchange has a solid reputation for uptime. No one wants to be in the dark during a trading opportunity, and they've got that covered.
2023-12-24 10:05
7
bala8618
The loyalty program is a nice touch. It feels good to be rewarded for my ongoing partnership with this reliable exchange.
2023-12-24 08:34
3
ayuba441
Trading on the go is a game-changer, and the mobile apps these exchanges offer are sleek and efficient. It's like having the crypto market in the palm of your hand. Super convenient!
2023-12-23 21:50
5

View all comments

FeaturesDetails
Exchange NameRIVER FINANCIAL
Founded in2021
Registered inUnited States
CryoptocurrenciesBitcoin ONLY
Trading Fees0.8% - 1.2%
24-hour trading volume$100 million
Customer SupportMonday - Friday, 9:00 AM – 5:00 PM ET, Email, Phone, Help Center

What is RIVER FINANCIAL?

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%.

basic-info

Pros and Cons

ProsCons
Primarily focus on BitcoinLimited selection of cryptocurrencies, only cryptocurerncy
Supervised by NMLSLow Liquidity
Multiple security measures offeredNo margin trading
Only available in the United States

Regulation

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.

regulation

Security

Here are some key facts about Rivers Bitcoin security:

  • River stores all bitcoins offline and in secure cold storage
  • River.com requires 2FA authentication for all accounts
  • The company secures all of its cold storage using military grade technology

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

Fees

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 SizeFee
Less than $250,0001.20%
$250,000.01 - $1,000,0001.00%
$1,000,000.01 - $5,000,0000.90%
More than $5,000,0000.80%

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

    Features
    River
    Binance
    bitFlyer
    coinbase
    Trading FeesFrom 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
    Cryptocurrencies50+500+11200+
    RegulationRegulated by GFSC ( Exceeded)Regulated by NMLS, MAS/FinCEN (Exceeded)Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFSRegulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)