Score
RIVER
United States
5-10 years
MTL License|
Digital Currency License|
High potential risk
https://river.com/
Website
Influence
A
Influence Index NO.1
United States 4.82
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NMLSRegulated
MTL License
DFIRegulated
Digital Currency License
RIVER Exchange Info
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1The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!
United States
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RIVER User Reviews
| Features | Details |
| Exchange Name | RIVER FINANCIAL |
| 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 |
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%.
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 |
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.
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.
- Enter your name, email address, State and create a password.
- 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 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% |
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.
2024-11-02 05:03
2021-01-08 11:10
73 ratings
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