Yesbit Technology Ltd. is a Toronto-based blockchain technology company founded in 2015 with a focus on developing cryptocurrency trading platforms and blockchain applications. Its core business includes over-the-counter (OTC) platforms, derivatives decentralized applications (DApps), and the development of blockchain technology solutions.
company profile
The founder and CEO of Yesbit is Jian Qin. The company was originally registered in Waterloo, Ontario and is currently located at 5255 Yonge St, Suite 1220, Toronto. The company is between 11 and 50 people in size, and the team members include blockchain developers, product managers, and cryptocurrency experts. tracxn.comfintrac-canafe.canada.ca+3ca.linkedin.com+3wantedsa.com+3
regulatory information
Yesbit is licensed by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) with registration number M19711481. However, according to WikiBit, the company has a risk warning of "operating beyond its scope", suggesting that it may be providing certain financial services without the appropriate licenses.
products & services
Yesbit OTC platform: Provides over-the-counter trading services between major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) and the Canadian dollar and the US dollar, aiming to provide customers with a fast and secure trading experience.
Derivatives DApps: Based on Ethereum smart contracts, users are allowed to trade long and short positions on traditional financial assets such as securities, forex, commodities, and indices through cryptocurrency. The platform emphasizes decentralization, anonymity, and self-management of user funds.
Blockchain technology solutions: Yesbit provides services such as Bitcoin wallet system development, ICO project support, and cross-border blockchain resource integration, and is committed to applying blockchain technology to practical scenarios.
Market PositioningYesbit
is primarily targeting the local Canadian market, especially crypto investors looking for over-the-counter trading services. At the same time, its derivatives DApps and blockchain solutions are also attracting users around the world who are interested in decentralized financial instruments.
supported blockchainYesbit's
platform is mainly based on the Ethereum blockchain, which uses smart contracts to implement decentralized transaction functions. In addition, its OTC platform supports a wide range of mainstream cryptocurrencies, including BTC, ETH, and USDT.
neutral evaluationYesbit
Technology Ltd. has a certain influence in the Canadian cryptocurrency space, providing a variety of blockchain-related services. Its OTC platform provides users with convenient channels for cryptocurrency trading, while derivatives DApps expand the use cases of cryptocurrencies.
