New user, first post with an embedded link using a keyword! If you rely on backlinks and Google ranking to run your business, be assured I wouldn’t touch you with a ten-foot pole!
Besides, your site looks like it’s meant to attract teenagers and young people in their 20s to 30s who might have come into money through inheritance or other means and generally have little understanding of finance beyond spending money on booze, women, and flashy cars!
Lol.
I must give it to you, you're good at bringing down a business, but this analysis is not really reasonable.
UniTrust is not a tiny company (albeit only about 5 years old). They raised over $11M USD for launching and expanding the trust solution throughout their Seed and Series A. If OP was the owner, I'd congratulate them on their skills at dealing with VCs.
Another potential bot has arrived at OCT, thinking we’re all complete idiots here.
How exactly are you getting fooled by a guy asking for reviews of a regulated trust company?
what do you mean
nahhh I was just googling
Hong Kong and
Singapore bank accounts
Unlike the other members, I will give you a reasonable analysis.
It is a decent service but not effective for all applications. Do not except to use it to hide your assets away because this company is participating in the
CRS scheme.
It is likely to be useful for:
- getting a virtual
bank account in
Hong Kong,
Singapore, and the US (you choose which, and you can get all of them)
- getting a good quality
credit card (either MC World or MC World Elite) which can also be linked to digital assets
- custodying your
crypto (this is not for everyone but may have some reason for it) at an institutional trustee
-
investing your fiat and crypto into bonds, staking, lending, some assets they offer
- deciding who will get your assets when you pass
It will not be useful for avoiding taxes in your home country (well, theoretically, it can be but this depends on your exact scenario) and it will not really protect you from lawsuits/courts in the traditional sense of a trust - for that, you'd need to lose practically all access to transaction-making, and you wouldn't be able to spend from your asset-linked card.
Nevertheless, it is not a particularly bad option. Just be careful with any service you use. Don't put all your eggs in one basket.