CEX.IO: 5+1 Years of Making a Distinction

CEX.IO: 5+1 Years of Making a Difference

We’ve added one other yr to the historical past of CEX.IO. how far we’ve come, we’re actually pleased with our achievements.

Rising and enhancing our providers, incomes the belief of many purchasers worldwide, and guiding our customers into the world of open finance day by day are nice achievements. However that’s removed from the entire record of what we’ve achieved this yr.

With out additional ado, let’s recap one other superb yr within the lifetime of CEX.IO.

Extra buying and selling alternatives

You requested for extra cash and markets and we heard you! Through the previous yr, we listed 7 cash — GUSD, MHC, OMG, ONG, ONT, TRX, and BTT — and added a brand-new USDT market. Consequently, we expanded our record of forex pairs to extend buying and selling alternatives for our clients. And we’re definitely not going to cease there. 

Furthermore, to make sure the itemizing course of is totally clear and clear, we created a Itemizing/Delisting Coverage. It explains the principle standards for selecting cash and tokens to be listed. It additionally gives particulars on the delisting process and specifies how and once we will notify clients a couple of coin or a token delisting.

US enlargement

This yr was essential for our international enlargement. So far, now we have been in a position to present our providers in 224 nations and territories all over the world. The subsequent pure step was to start out offering providers in america. We launched a devoted US presence – CEX.IO Corp – to facilitate US development beneath a clear regulatory umbrella. Following this path, we’ve already acquired Cash Transmitter Licenses in 17 states and now are in a position to serve clients in 32 US states. And we’re pushing the bar larger. We proceed engaged on acquiring a Cash Transmitter License in each relevant US state. It will permit us to service all jurisdictions within the US, and to proceed our mission to supply a regulated, trusted path for most of the people to take part within the digital financial system.

We're excited to serve new geographies, pleased with the work we’ve achieved, and thrilled about what lies forward. 

DLT license

Since our inception, we’ve strived to supply a trusted, regulated, and safe buying and selling platform on which our clients can have interaction with the crypto financial system. When different exchanges have run from regulation, CEX.IO has embraced it and earned customers’ belief. 

We stay steadfast on this method and are glad to announce that this yr, CEX.IO acquired a Distributed Ledger Know-how (DLT) license from the Gibraltar Monetary Providers Fee (GFSC). Receiving this license means we’ve confirmed that every one our procedures fulfill GFSC necessities, together with for efficient company governance preparations and threat administration, monetary crime prevention practices, superior safety methods and protocols, safety of buyer belongings, and adequacy of economic and non-financial sources.

CEX.IO was among the many first cryptocurrency exchanges in Europe to implement the best requirements of compliance with regulatory procedures. We’re proud that these accomplishments allowed us to acquire a DLT license. CEX.IO will carry on enhancing its regulatory framework for various providers with a view to create an ecosystem that guides clients into the world of open finance. 

Product improvement

It’s not solely the regulatory and enlargement elements of CEX.IO that we’re actively engaged on. We additionally maintain enhancing our services and products to make sure a seamless buying and selling expertise for you. This yr we upgraded the CEX.IO cell app with a elaborate new look and loads of long-awaited options equivalent to value alerts, order notifications, referral hyperlinks, and stability estimates. 

We perceive that with the excessive tempo of the crypto trade, it’s very important to remain up to the mark and have the ability to rapidly reply to market strikes. Therefore, we maintain investing a substantial amount of effort to make your cell buying and selling limitless. 

Extra fiat cost choices 

Over the course of our six-year historical past, there’s one function of CEX.IO that our customers have gotten accustomed to – fiat deposits and withdrawals. Because the introduction of this performance again in 2014, we’ve devoted loads of effort to sustaining uninterrupted, quick, and safe cash transfers. Throughout this previous yr, we not solely added extra fiat cost strategies, but in addition made them considerably cheaper. Now our clients can use the next financial institution switch strategies with decrease limits and at decrease value:

  1. Worldwide SWIFT financial institution transfers
  2. Home financial institution transfers:
  • SEPA for EEA nations (EUR)
  • ACH and home wire transfers for the US (USD)
  • Sooner Funds for the UK (GBP) 

We’ve considerably broadened our banking relationships and added extra banking companions to incorporate a number of the most well-known trade leaders, each in Europe and within the US, and we're nonetheless pushing additional. 

We outline our function within the crypto trade as offering quick access to the open monetary system for customers throughout the globe. We are able to solely achieve success on this if our customers can enter and exit the cryptocurrency financial system with instruments which might be acquainted to them — playing cards and financial institution transfers — all out there at affordable costs.

Official Telegram communities launched

With over three million customers globally, CEX.IO embraces range and brings collectively folks from completely different life paths and completely different experiences with crypto. We’d like everybody to learn from this range by sharing information, insights, and information in regards to the newest improvements within the blockchain trade. That’s why we determined to launch a neighborhood on Telegram to foster dialogue, share information, and listen to the voices and suggestions from our customers.

Launched rather less than half a yr in the past, our Telegram neighborhood now counts over 5,700 customers and retains rising! Furthermore, we just lately launched a devoted Telegram neighborhood for our Russian-speaking viewers. We’re excited that our international neighborhood is rising. If you happen to’re nonetheless not there, you’re welcome to affix the worldwide Telegram neighborhood at https://t.me/CEX_IO and the devoted Russian-speaking neighborhood at https://t.me/CEXIORU. Joyful chatting! 

We’re additionally able to push our Telegram Bot (@CexIoInfoBot) to supply our clients one other level of service. 

All of the achievements described above are simply the tip of the iceberg. The trail we’ve chosen isn’t simple, however we stay true and clear to our clients. We’re right here to remain, and we’re at all times out there for you. We attempt to be probably the most trusted place for worldwide audiences to take part within the digital evolution.

We’re sure that now we have a vivid future forward, and we thank everybody who’s going there with us!

Right here’s to a different yr!

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