Wallbit is the only global account designed for people with global income who are looking for an easy and efficient way to receive and invest their money. It gives you access to banking services, international transfers, and payments worldwide, while also allowing you to invest in U.S. financial markets.
When you open a Wallbit account, you get a U.S. checking account in your name for making a wide range of banking transactions. You can also open an investment account to trade in U.S. financial markets and request a global card to make payments in more than 180 countries.
We work with banking and investment infrastructure partners that operate under strict regulatory frameworks established by U.S. government agencies and financial regulators.
Our technology partners follow industry-leading cybersecurity practices, including end-to-end encryption, multi-factor authentication, and continuous transaction monitoring to help prevent fraud and suspicious activity.
This allows us to provide a secure, transparent, and reliable platform so you can invest with confidence.
What role do the SEC and SIPC play in protecting my funds?
Our providers are registered with two of the most important financial institutions in the United States:
The Securities and Exchange Commission (SEC) oversees regulatory compliance and regulates securities markets.
The Securities Investor Protection Corporation (SIPC) is a corporation that protects securities and cash held in investment accounts.
Our providers operate under rigorous regulations designed to protect investors. If one of these providers were to experience financial difficulties, SIPC coverage protects up to USD 75 million in securities and USD 75 million in cash per customer, providing an additional layer of protection for Wallbit users.
When you open a Wallbit account, you get a U.S. account to manage your global income and an investment account backed by robust security and regulatory safeguards. Both accounts are protected within the applicable regulatory frameworks, allowing you to make banking and investment transactions in the United States from anywhere in the world.
If you have any questions about how Wallbit works or how to open an account, feel free to contact our customer support team. We’re here to help you get the most out of your Wallbit account.