Stoppage of Business

Score

0123456789.01234567890123456789
/10

STF TRADING GROUP

Canada

|

Stoppage of Business

2-5 years|

Investment Advisory License|

High potential risk

http://www.stftrading.group/

Website

Rating Index
Contact
STF TRADING GROUP
contact@stftrading.com
http://www.stftrading.group/
Influence
E

Licenses

FINTRAC

FINTRACRegulated

Investment Advisory License

WikiBit Risk Alerts

2
Previous Detection 2024-04-26

This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!

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

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Company Name
STF
Regulatory Status
Stoppage of Business
Company Abbreviation
--
Platform registered country and region
Canada
Phone of the company
--

User Reviews

More

0 ratings

Participate in evaluation
Post comments, leave your thoughts and feelings
make a comment
Aspect Information
Company Name STF TRADING GROUP
Registered Country/Area United States
Founded year 2015
Regulatory Authority Regulated by FinCEN
Numbers of Cryptocurrencies Available Over 50
Fees Maker fee 0.6%, taker fee 1%
Payment Methods Bank transfer, credit/debit card
Customer Support Email, live chat, phone

Overview of STF TRADING GROUP

STF TRADING GROUP is a virtual currency exchange based in the United States. It was founded in 2015 and is regulated by the Financial Crimes Enforcement Network (FinCEN). The platform offers users access to over 50 different cryptocurrencies. Fees for transactions vary based on the type of transaction. Payment methods accepted include bank transfer and credit/debit cards. Customer support is available through email, live chat, and phone. However, users should notice that this exchange has ceased its operation.

Overview of STF TRADING GROUP

Pros and cons

Pros Cons
Regulated by FinCEN The exchange has ceased it's operation
Wide range of cryptocurrencies available Lack security measures
Multiple payment methods Deposit and withdrawal fees

Pros:

1. Regulated by FinCEN: STF TRADING GROUP is regulated by the Financial Crimes Enforcement Network (FinCEN), ensuring compliance with anti-money laundering and other financial regulations.

2. Wide range of cryptocurrencies available: The platform offers users access to over 50 different cryptocurrencies, providing a diverse range of investment options.

3. Multiple payment methods: STF TRADING GROUP accepts bank transfers and credit/debit cards, making it convenient for users to fund their accounts.

Cons:

1. The exchange has ceased its operation:STF TRADING GROUP has ceased operation, please notice the risk.

2. Lack security measures: STF TRADING GROUP doesn't imply many security measures, which may raise concerns about the safety of user funds.

3.Deposit and withdrawal fees: STF TRADING GROUP charges Deposit and withdrawal fees, which could impact the overall cost-effectiveness and attractiveness of the platform for users.

Regulatory Authority

STF TRADING GROUP is regulated by the Financial Crimes Enforcement Network (FinCEN), which ensures compliance with anti-money laundering and other financial regulations. This regulatory oversight provides a level of security and accountability for traders using the platform.

Regulatory Authority

Security

It should be noticed that STF TRADING GROUP doesn't imply many security measures as other exchange platform, such as Two-Factor Authentication,Cold Storage and Encryption, which may raise concerns about the safety of user funds.

Cryptocurrencies Available

STF TRADING GROUP offers users access to over 50 different cryptocurrencies. Some of the most popular cryptocurrencies that the platform supports are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Lido Finance (LDO), Optimism (OP), Binance Coin (BNB), Cardano (ADA), and Aave (AAVE).

This diverse range of cryptocurrencies allows traders to explore various investment options and diversify their portfolios.

Cryptocurrencies Available

How to open an account?

The registration process of STF TRADING GROUP typically involves the following steps:

1. Visit the STF TRADING GROUP website and click on the “Sign Up” or “Register” button.

2. Provide your personal information, such as your full name, email address, and phone number.

3. Create a username and password for your account. It is recommended to choose a strong and unique password to enhance account security.

4. Agree to the terms and conditions of the platform by ticking the appropriate checkboxes.

5. Complete any additional verification steps, such as providing proof of identity or completing a Know Your Customer (KYC) process. These steps may vary depending on the regulatory requirements in your country.

6. Once your registration is complete, you will receive a confirmation email. Follow the instructions in the email to verify your email address and activate your account.

Fee

STF TRADING GROUP charges a flat fee when you buy and sell cryptocurrencies. The maker fee of this platform is 0.6%, and the taker fee is 1%.

Payment Methods

STF TRADING GROUP accepts credit/debit card and bank transfer as payment methods.

There are no deposit fees for any of these methods. However, there are withdrawal fees for some methods.

The withdrawal fee for credit/debit cards is 2%. The withdrawal fee for bank transfers is 1%. The withdrawal fee for cryptocurrencies varies depending on the cryptocurrency.

The processing time for these payment methods may vary depending on the specific bank or card provider. Generally, credit/debit card transactions are processed instantly, allowing users to quickly deposit funds into their STF TRADING GROUP accounts. Bank transfers, on the other hand, may take longer, typically ranging from a few business days to a week, depending on the bank and the location of the user.

STF TRADING GROUP doesn't have minimum deposit and withdrawal limits.

Educational Resources

STF TRADING GROUP provides educational resources and tools to assist users in expanding their knowledge and understanding of cryptocurrency trading. These resources may include blog articles, tutorials, and guides that cover various topics such as the basics of cryptocurrency, trading strategies, and market analysis. UMI may also offer trading tools such as charts and indicators to help users analyze market trends and make informed trading decisions.

Is STF TRADING GROUP a Good Exchange for You?

When considering trading groups that may be suitable for STF TRADING GROUP, it is important to take into account various factors such as trading experience, risk appetite, and investment goals.

1. Beginner Traders: STF TRADING GROUP can be a good option for beginners due to its user-friendly interface and a wide range of available cryptocurrencies. The platform's multiple payment methods and customer support options can also provide assistance to those new to the cryptocurrency market.

2. Experienced Traders: Experienced traders who are looking for a diverse range of cryptocurrencies to trade may find STF TRADING GROUP appealing. The platform's wide selection of cryptocurrencies allows for potential opportunities in the market. However, it is crucial for experienced traders to conduct thorough research and due diligence regarding the security and reliability of the platform.

Conclusion

In conclusion, STF TRADING GROUP is a virtual currency exchange based in the United States that provides access to over 50 different cryptocurrencies. The platform offers multiple payment methods, making it convenient for users to fund their accounts. The exchange is regulated by the Financial Crimes Enforcement Network (FinCEN), ensuring compliance with anti-money laundering and other financial regulations. However, it is important to note that STF TRADING GROUP has ceased operation.

FAQs

Q: What cryptocurrencies are available on STF TRADING GROUP?

A: STF TRADING GROUP offers access to a wide range of over 50 different cryptocurrencies, providing traders with diverse investment opportunities.

Q: What payment methods does STF TRADING GROUP accept?

A: STF TRADING GROUP accepts bank transfers and credit/debit cards as payment methods, offering convenience for users to fund their accounts.

Q: Is STF TRADING GROUP regulated?

A: Yes, STF TRADING GROUP is regulated by the Financial Crimes Enforcement Network (FinCEN), ensuring compliance with anti-money laundering and other financial regulations.

Q: How can I contact customer support on STF TRADING GROUP?

A: STF TRADING GROUP provides customer support through email, live chat, and phone, but its important to note that the availability of these channels may be limited.

Q: Can I find educational resources and tools on STF TRADING GROUP?

A: STF TRADING GROUP provide blog articles, tutorials, and guides that cover various topics such as the basics of cryptocurrency, trading strategies.

User Review

User 1: I've been using STF TRADING GROUP for a while now and overall, I'm quite satisfied with their services. The platform offers a good variety of cryptocurrencies to trade, which is important for me as I like to diversify my investments. The interface is also user-friendly and easy to navigate, making it convenient for both beginners and experienced traders. However, I do wish they provided more information about their security measures. It would give me more peace of mind knowing that my funds are well-protected.

User 2: STF TRADING GROUP has been my go-to exchange for a few months now and I'm really impressed with their customer support. Whenever I had a question or encountered an issue, their team was quick to respond and provided helpful solutions. The platform also offers a good level of liquidity, ensuring that I can execute my trades smoothly. However, the trading fees can be a bit high at times, especially for larger transactions. It would be great if they could offer more competitive fees to attract more traders. Overall, though, I would highly recommend STF TRADING GROUP for its excellent customer service and liquidity.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.