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INTRODUCTION TO ATS WALLET

INTRODUCTION TO ATS WALLET

Are you new to crypto and wondering where to start? If you are based in the U.S., your best bet is ATS Wallet. Availabe as both an Android and iOS app, ATS streamlines your path directly to purchasing Bitcoin, Ethereum, Litecoin, Zcash, DASH,and BitcoinCash.

Here’s a deep dive into ATS Wallet.

Company Legitimacy

Abacon Technology Solutions LLC was founded in 2013, is a US-based company.

Address: 1666 SWALLOWTAIL LN, SANford, FL 32771

As a company operating in the United States, Abacon Technology Solutions LLC (ATS) is required to comply with U.S. laws and regulations, at both a federal and state level. Here are some of the laws, regulations, and regulatory bodies that ATS complies with:

•Registered as a Money Services Business with FinCEN.

•Complies with the Bank Secrecy Act.

•Complies with the USA Patriot Act.

•Complies with state money transmission laws and regulations.

These regulations and laws force accountability onto ATS, something that may be lacking from some of their offshore competitors in other countries with less strict regulations.

Aside from the United States, none of the other 37 countries, where ATS operates, require licenses to operate a cryptocurrency business.

It’s also worth noting, ATS has many trustworthy investors backing the company. These investors include Lloyd’s Of London, Blockchain Capital, and Digital Currency Group.

Safe Keeping of Funds

ATS segregates customer funds from company operational funds. These customer funds are held in custodial bank accounts. This means they will not use funds of yours to operate their business. They also claim, “Even if ATS were to becomes insolvent, the funds held in the custodial bank accounts could not be claimed by ATS or its creditors. The Funds held in those accounts would be returnable to ATS’s customers.”

90% of customers’ cryptocurrency funds are stored i...

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