Bank Index

Naga X Ltd

Crypto service provider · LIMASSOL, Cyprus · overall 3.0 / 10

Open in Bank Index

How this 3.0 is built

Average of 5 scored needs: 3.0. Regulation in Cyprus: 76/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

NAGA X LTD is recorded in the global register as a crypto service provider in LIMASSOL, Cyprus. The register names Cyprus Securities and Exchange Commission (CySEC) as its regulator and shows the licence as licensed. Established 2021. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Join the in-demand Crypto Social Trading platform to Buy & Sell cryptocurrencies. Start your Web3 journey with ✓100+ crypto-coins ✓certified charts ✓+150 countries supported ✓free trading education & more. Join NAGAX today!”

Legal name
NAGA X LTD
Regulated by
Cyprus Securities and Exchange Commission (CySEC)
Licence confirmed
yes, on a regulator's own list
Established
2021
LEI
984500DCB2AF415E5Y71
Website
nagax.com/eu

Scores, 0 to 10

7.0Crypto-friendly bank
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.0Fast digital onboarding
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
3.5Cross-border payments, FX and multi-currency accounts
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
3.5Financial strength & stability
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
1.5Best interest on business balances
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source
1.5Trade, manufacturing & import-export
Registered to provide virtual asset services, so it works with crypto businesses by licence. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.