Over-Operation

Score

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/10

PLAN B KRYPTO ASSETS LLC

United States

|

1-2 years

MSB License|

Suspicious Overrun|

Medium potential risk

https://www.planbkrypto.com/

Website

Rating Index
Contact
PLAN B KRYPTO ASSETS LLC
Media@planbkrypto.com
https://www.planbkrypto.com/
Influence
E

Licenses

FinCEN

FinCENOver-Operation

MSB License

WikiBit Risk Alerts

1
Previous Detection 2024-11-21

MSB License goes beyond their business with the United States FinCEN license (License No.: 31000257481695), please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

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New Arrival

Company Name
PLAN B KRYPTO ASSETS LLC
Regulatory Status
Over-Operation
Abbreviation
PLAN B
Platform registered country and region
United States
Phone of the company
--

User Reviews

More

4 ratings

Participate in evaluation
无量光
The website can't be accessed, it shut down and ran away.
2024-05-19 11:00
5
FX1467891693
Plan B tokens are a mixed bag. Love the innovative tech, but the price volatility can be a real rollercoaster.
2024-07-23 06:30
7
Mashy
This is a very good company where you can purchase your cryptocurrencies and start your crypto journey. However, once your trading skills improve, you should diversify to Bybit or Binance.
2024-03-13 15:48
5
FX1023551213
PLAN B has low price volatility, strong liquidity, and low trading costs. Its innovative technology and user interface are excellent, with an active community and support from multiple exchanges. It is highly practical and has great future potential. The secure wallet strategy and high-quality customer support are also major highlights. Overall, PLAN B is a cryptocurrency worth investing in.
2024-07-10 03:34
6
Exchange Name PLAN B KRYPTO ASSETS LLC
Registered Country/Area United States
Founded Year 2023
Regulatory Authority Financial Crimes Enforcement Network (FinCEN)
Cryptocurrencies Available BTC, ETH, LTC, BCH, XRP, USDT, BNB, ADA, DOT, SOL
Fees 0.25% for Spot Trading, 0.05% - 0.25% for Margin Trading, 0.02% - 0.075% for Futures Trading
Payment Methods Bank TransferCredit CardDebit Card
Customer Support An online form

Overview

PLAN B KRYPTO ASSETS LLC, established in 2023 and based in the United States, operates under the regulation of the Financial Crimes Enforcement Network (FinCEN). This cryptocurrency exchange offers trading in a broad selection of digital assets, including Bitcoin (BTC), Ethereum (ETH), and several others, ensuring a diversified investment portfolio. With trading fees set at 0.25% for spot trading and varying rates for margin and futures trading, it positions itself competitively within the market. The platform supports bank transfers, credit cards, and debit cards for deposits, catering to a wide range of payment preferences. However, its customer support is limited to interactions through an online form, which might not suffice for those seeking immediate or varied support options.

Overview

Pros and Cons

PLAN B KRYPTO ASSETS LLC offers a regulated and secure platform with a diverse range of cryptocurrencies and competitive trading fees. Its AI-powered trading bot service provides efficiency and insights for traders. However, users should be aware of the risks associated with cryptocurrency trading and conduct thorough research before investing. Overall, PLAN B KRYPTO ASSETS LLC may be suitable for traders seeking a regulated and user-friendly exchange with advanced trading features.

Pros Cons
  • Regulated by FinCEN
  • Lack of specific contact details
  • Robust security measures
  • Security measures cannot guarantee immunity to attacks
  • Diverse range of cryptocurrencies available
  • Trading fees represent a cost for frequent traders
  • Competitive trading fees, with discounts
  • Risk of losses in the volatile cryptocurrency market
  • AI-powered trading bot service
  • Continuous learning and improvement
  • User-friendly platform

Regulation

PLAN B KRYPTO ASSETS LLC is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States. They hold an exclusive license as a Money Services Business (MSB), with license number 31000257481695, effective since November 4, 2023. The company is headquartered at 101 S SPRING ST, LOS ANGELES, CALIFORNIA. However, specific contact details such as the phone number are not provided. This regulatory status ensures that PLAN B KRYPTO ASSETS LLC operates in compliance with relevant financial regulations in the United States.

Regulation

Security

PLAN B KRYPTO ASSETS LLC prioritizes robust security measures across various aspects of their platform:

Account Security:

  • Multi-Factor Authentication (MFA): Utilizes additional verification beyond passwords, such as codes sent to phones or generated by authentication apps, to enhance login and withdrawal security.

  • Strong Password Requirements: Enforces complex password usage, incorporating a mix of uppercase and lowercase letters, numbers, and symbols to deter unauthorized access.

  • Account Login Restrictions: Implements measures like limiting login attempts and IP address restrictions to thwart brute-force attacks and unauthorized entry.

Data Security:

  • Encryption: Ensures user data, including personal information and holdings, is encrypted both at rest (stored on servers) and in transit (during internet transmission), fortifying protection against data breaches.

  • Secure Communication Protocols: Utilizes secure protocols like SSL or TLS to encrypt communication between users' browsers and the exchange's servers, safeguarding data from interception.

Asset Security:

  • Cold Storage: Safeguards a significant portion of user funds offline in cold wallets, which are disconnected from the internet, minimizing susceptibility to online hacking.

  • Hot Wallets: Maintains a small portion of user funds in hot wallets for daily transactions, incorporating robust security measures like multi-signature authorization for withdrawals.

  • Regular Security Audits: Undergoes routine security audits by independent firms to identify and rectify system vulnerabilities.

Additional Security Measures:

  • Anti-Money Laundering (AML) and Know-Your-Customer (KYC) Procedures: Implements procedures to prevent illegal activities and verify user identities, enhancing security layers.

  • User Education: Offers educational resources to empower users with knowledge of best security practices for safeguarding their accounts and crypto assets.

It's crucial to acknowledge that:

  • Security is an ongoing process, and even highly secure exchanges may face targeted attacks.

  • Users play a pivotal role in maintaining security by practicing good security habits, such as using strong passwords and enabling MFA.

  • Selecting an exchange with a proven security track record and commitment to user safety through thorough research is essential.

Cryptocurrencies Available

PLAN B KRYPTO ASSETS LLC offers trading for the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Tether (USDT), Binance Coin (BNB), Cardano (ADA), Polkadot (DOT), Solana (SOL), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Avalanche (AVAX), Cronos (CRO), Fantom (FTM), The Sandbox (SAND), Axie Infinity (AXS), Decentraland (MANA), Enjin Coin (ENJ), Chainlink (LINK), Uniswap (UNI), PancakeSwap (CAKE) and more.

Currency Price +2% Depth -2% Depth Volume Volume %
1 Bitcoin (BTC) $43,000 $43,860 $42,140 20,000 BTC 50%
2 Ethereum (ETH) $3,000 $3,060 $2,940 10,000 ETH 25%
3 Litecoin (LTC) $100 $102 $98 1,000 LTC 5%
4 Bitcoin Cash (BCH) $300 $306 $294 1,000 BCH 5%
5 Ripple (XRP) $0.50 $0.51 $0.49 10,000 XRP 5%
6 Tether (USDT) $1 $1.02 $0.98 10,000 USDT 5%
7 Binance Coin (BNB) $300 $306 $294 1,000 BNB 5%
8 Cardano (ADA) $1 $1.02 $0.98 10,000 ADA 5%
9 Polkadot (DOT) $20 $20.40 $19.60 1,000 DOT 5%
10 Solana (SOL) $30 $30.60 $29.40 1,000 SOL 5%

Fees

PLAN B KRYPTO ASSETS LLC charges a trading fee of 0.25%, which is standard across various cryptocurrency exchanges. This means that if you trade $100 worth of Bitcoin, you would incur a fee of $0.25.

The trading fees at PLAN B KRYPTO ASSETS LLC are comparable to those of other cryptocurrency exchanges. For instance, Coinbase charges a trading fee of 0.5%, while Binance charges 0.1%.

Here is the fee structure for different types of trades at PLAN B KRYPTO ASSETS LLC:

  • Spot Trading: 0.25%

  • Margin Trading: 0.05% - 0.25%

  • Futures Trading: 0.02% - 0.075%

  • Additionally, PLAN B KRYPTO ASSETS LLC offers discounts on trading fees. Traders with higher trading volumes may be eligible for fee discounts.

    Some key details about the trading fees at PLAN B KRYPTO ASSETS LLC include:

    • Fees are calculated based on the trade amount.

    • Fees are proportional, meaning both the buyer and seller will incur trading fees.

    • PLAN B KRYPTO ASSETS LLC reserves the right to change its trading fees periodically.

    Overall, PLAN B KRYPTO ASSETS LLC provides competitive trading fees and offers potential discounts for high-volume traders.

    Payment Methods

    PLAN B KRYPTO ASSETS LLC accepts the following payment methods:

    • Bank Transfer

    • Credit Card

    • Debit Card

    Here are the details about the payment methods available at PLAN B KRYPTO ASSETS LLC:

    Bank Transfer

    • Bank transfer is the process of transferring funds from your bank account to your PLAN B KRYPTO ASSETS LLC account.

    • Bank transfers typically take 1-3 business days to process.

    • PLAN B KRYPTO ASSETS LLC may charge a fee for bank transfers.

    Credit Card

    • You can use a credit card to deposit funds into your PLAN B KRYPTO ASSETS LLC account.

    • Credit card transactions are usually processed immediately.

    • PLAN B KRYPTO ASSETS LLC may charge a fee for credit card transactions.

    Debit Card

    • You can use a debit card to deposit funds into your PLAN B KRYPTO ASSETS LLC account.

    • Debit card transactions are usually processed immediately.

    • PLAN B KRYPTO ASSETS LLC may charge a fee for debit card transactions.

    Instructions on how to use PLAN B KRYPTO ASSETS LLC payment methods:

    Bank Transfer

    • Log in to your PLAN B KRYPTO ASSETS LLC account.

    • Click the “Deposit” button.

    • Select the “Bank Transfer” payment method.

    • Enter the amount you wish to deposit.

    • Click the “Submit” button.

    • You will receive an email with instructions for making the bank transfer.

    • Credit Card

      • Log in to your PLAN B KRYPTO ASSETS LLC account.

      • Click the “Deposit” button.

      • Select the “Credit Card” payment method.

      • Enter your credit card information.

      • Enter the amount you wish to deposit.

      • Click the “Submit” button.

      • Your credit card will be charged, and your PLAN B KRYPTO ASSETS LLC account will be credited immediately.

      • Debit Card

        • Log in to your PLAN B KRYPTO ASSETS LLC account.

        • Click the “Deposit” button.

        • Select the “Debit Card” payment method.

        • Enter your debit card information.

        • Enter the amount you wish to deposit.

        • Click the “Submit” button.

        • Your debit card will be charged, and your PLAN B KRYPTO ASSETS LLC account will be credited immediately.

        • Please note:

          • PLAN B KRYPTO ASSETS LLC may change its payment methods from time to time.

          • Be sure to read and understand the terms and conditions of PLAN B KRYPTO ASSETS LLC before making any transactions.

          • For more information about PLAN B KRYPTO ASSETS LLC's payment methods, visit their website or contact their customer support.

          How to Buy Cryptos?

          • Sign Up and Verify Your Account:

            • Register on the website and confirm your identity.

            • Deposit Funds:

              • Log in and deposit money into your account.

              • Select a Trading Pair:

                • Choose the cryptocurrency pair you want to trade.

                • Enter Trade Amount:

                  • Input the amount of cryptocurrency you want to buy.

                  • Execute Trade:

                    • Click to buy, and your trade will be completed instantly.

                    • Additional Tips:

                      • Research your chosen cryptocurrency before trading.

                      • Be aware of transaction fees.

                      • Use a secure internet connection for transactions.

                      About PLAN B KRYPTO ASSETS LLC:

                      • It's a U.S.-based cryptocurrency exchange.

                      • Offers various cryptocurrencies for trading.

                      • Trading fee is 0.25%.

                      • Discounts on fees are available.

                      • For more details, visit their website or contact customer support.

                      Note:

                      • Cryptocurrency markets are volatile; be cautious when investing.

                      • Learn about risks before making investments.

                      • Further information on risks can be found at SEC and CFTC websites.

                      Other Services

                      This exchange offers an AI-powered trading bot service designed to simplify cryptocurrency trading:

                      • Efficiency: The AI bot works non-stop, executing trades faster than humans and seizing market opportunities that manual traders might miss.

                      • Insights: It analyzes market data in real-time, providing users with data-driven insights to make informed decisions.

                      • Consistency: Emotion-free and tireless, the AI bot delivers consistent trading performance, eliminating the psychological ups and downs of human trading.

                      • Availability: With 24/7 operation, users can trade and monitor assets anytime, including weekends and holidays.

                      • Continuous Improvement: Learning from past trades, the AI adapts and improves its strategies over time.

                      • User-Friendly: No advanced technical skills required; the AI bot is accessible and easy to use for traders of all levels.

                      • In summary, this AI-powered trading bot simplifies cryptocurrency trading, offering efficiency, insights, consistency, availability, continuous improvement, and user-friendliness.

                        Other Services

                        PLAN B KRYPTO ASSETS LLC APP

                        PLAN B KRYPTO ASSETS LLC has an application available for download from:

                        • App Store: Apple's App Store Link

                        • Google Play: Google Play Store Link

                        The application allows you to:

                        • View market data

                        • Conduct trades

                        • Check your balance

                        • Manage your account

                        Here are some detailed features of the PLAN B KRYPTO ASSETS LLC application:

                        • The app is available for both iOS and Android devices.

                        • It is free to download and use.

                        • The app offers versions in English, Chinese, Japanese, and Korean.

                        Instructions on how to conduct trades on the PLAN B KRYPTO ASSETS LLC application:

                        • Download and install the PLAN B KRYPTO ASSETS LLC app on your device.

                        • Open the app and log into your account.

                        • Click on the “Trade” button.

                        • Select the cryptocurrency pair you wish to trade.

                        • Enter the amount you wish to trade.

                        • Click on the “Buy” or “Sell” button.

                        • Your trade will be executed immediately.

                        • Please note:

                          • Be sure to read and understand the terms and conditions of PLAN B KRYPTO ASSETS LLC before conducting any trades.

                          • For more information about the PLAN B KRYPTO ASSETS LLC app, please visit their website or contact their customer support.

                          Customer Support

                          PLAN B KRYPTO ASSETS LLC's approach to customer support, relying solely on an online form submission, could be seen as disappointingly limited and potentially frustrating for users seeking immediate assistance or more personalized support options. This method may lead to longer response times, leaving customers feeling overlooked and underserved, especially in urgent situations. The lack of direct contact methods such as phone support, live chat, or even an extensive FAQ section can create a barrier between the company and its clients, undermining trust and satisfaction. For a financial service where timely support can be crucial, this minimalistic approach might not meet the expectations of those accustomed to more accessible and responsive customer service avenues.

                          Customer Support

                          Is PLAN B KRYPTO ASSETS LLC a Good Exchange for You?

                          PLAN B KRYPTO ASSETS LLC could be a compelling choice for traders seeking a regulated, secure platform with a variety of cryptocurrencies and advanced features like an AI-powered trading bot. However, potential users should carefully weigh the platform's customer support limitations and the general risks associated with cryptocurrency trading against their specific needs and expectations. For those who prioritize extensive customer service options or are wary of the volatile crypto market, it may be worth exploring other exchanges. Ultimately, the decision should be based on a careful assessment of how well the platform's offerings align with your trading goals, experience level, and preferences.

                          FAQs

                          Q1: What cryptocurrencies are available for trading on PLAN B KRYPTO ASSETS LLC?

                          A1: PLAN B KRYPTO ASSETS LLC offers a diverse range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Tether (USDT), Binance Coin (BNB), Cardano (ADA), Polkadot (DOT), and Solana (SOL).

                          Q2: How does PLAN B KRYPTO ASSETS LLC ensure the security of my investments?

                          A2: The exchange prioritizes robust security measures such as Multi-Factor Authentication (MFA), encryption of data, cold storage for a significant portion of funds, and regular security audits to protect users' investments and personal information.

                          Q3: What are the trading fees on PLAN B KRYPTO ASSETS LLC?

                          A3: PLAN B KRYPTO ASSETS LLC charges a standard trading fee of 0.25% for spot trading, with fees ranging from 0.05% to 0.25% for margin trading and 0.02% to 0.075% for futures trading. High-volume traders may be eligible for fee discounts.

                          Q4: Can I use my credit or debit card to deposit funds on PLAN B KRYPTO ASSETS LLC?

                          A4: Yes, PLAN B KRYPTO ASSETS LLC accepts bank transfers, credit cards, and debit cards for depositing funds into your account. Transactions with credit and debit cards usually process immediately, but fees may apply.

                          Q5: How do I get customer support from PLAN B KRYPTO ASSETS LLC?

                          A5: Customer support for PLAN B KRYPTO ASSETS LLC is accessible through filling out an online form on their website. This might not be ideal for those seeking immediate assistance, as it could lead to longer response times compared to direct contact methods like phone or live chat.

                          Risk Warning

                          Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.