Greeting from BOXTradEx

Hello everyone! Thank you so much for joining BOXTradEx's AMA with Wikibit. Today I'd like to introduce about BOXTradEx. I think most of you have never heard about us before, but no worries, you will get to know more about us from now on!

What's BOXTradEx？

BOXTradEx is a one-stop crypto platform for the GameFi ecosystem providing a user-friendly platform. We aim to build the web 3 GameFi portal infrastructure to enable access to NFT and the open metaverse.

BOXTradEx

Products & Services

1. Exchange

Spot trading that supports grid and DCA bots for trading cryptocurrencies, including deposit and withdrawal assets.

2. NFT marketplace

A secondary marketplace that allows users to buy, sell, trade, and mint NFT. BOXTradEx collaborated with many projects to provide whitelist, INO, and launchpad features.

3. Guild ToolBox

A tool that everyone can own the guild, and easily create and manage the scholarship, including supporting NFT lending and borrowing for guilds to lend NFTs to guild members or other users and gain profits.

4. Tournament

BOXTradEx collaborates with many GameFi projects and guilds to organize tournaments for users to join and win big rewards!! All our tournaments are free to play, join and follow BOXTradEx communities, and dont miss out on our events!!!

----------------------------------------------------------------------------------------------

FAQs

1. Do users need to KYC？

If the user only wants to play GameFi and use NFT, KYC is not required. However, if the user wants to withdraw virtual assets, KYC verification is usually required. This is because withdrawing virtual assets involves financial transactions and requires compliance with relevant laws, regulations, and anti-money laundering policies. KYC verification can help the platform confirm the user's identity to ensure the safety of the platform and user assets. Therefore, if the user intends to withdraw virtual assets on the GameFi platform, KYC verification is required.

2. Why users can trust BOXTradEx？

BOXTradEx is committed to being a secure and compliant

cryptocurrency

exchange platform. The following points help to enhance users' trust in BOXTradEx:

- Obtaining an MSB license: BOXTradEx obtained a U.S. MSB license (Money Services Business) in February 2022, indicating that our trading platform meets the regulatory requirements of the U.S. government for cryptocurrency exchanges.

- Compliance with AML and KYC requirements: BOXTradEx follows the AML (Anti-Money Laundering) and KYC (Know Your Customer) process requirements of USA Circle, the company that issues USDC stablecoins. This means that we verify the identities of users and monitor trading activities to prevent money laundering and other illegal activities.

- Asset freezing mechanism: To prevent illegal or improper trading usage, BOXTradEx activates an asset freezing mechanism when users apply for withdrawals. This helps protect user assets and maintain the smooth operation of the exchange.

- Regulatory compliance: Currently, cryptocurrencies and derivatives are subject to AML and KYC regulations, while NFTs are not yet included. Once NFT regulations are introduced, BOXTradEx will quickly comply and apply for the relevant permits to ensure the platform always meets the latest regulatory requirements.

In summary, BOXTradEx's compliance permits, AML and KYC processes, and adherence to regulations all contribute to building users' trust in our platform. We will continue to work hard to provide a safe and reliable cryptocurrency trading environment for our users.

3. How does BOXTradEx manage security？

At the

BOXTradEx exchange

, we are well aware of the importance of asset security. In order to ensure the security of user assets, we have implemented a series of strict measures:

- Cold wallet: BOXTradEx assets will be managed hierarchically, and most assets are stored in offline cold wallets to reduce the risk of hacker attacks. Cold wallets are not connected to the internet, providing excellent protection for user assets without exposing them to online threats.

- Password Security: BOXTradEx uses the most advanced encryption technology to encrypt and store user data. This helps prevent unauthorized access and protect user privacy.

- Anti-fraud measures: The exchange adopts a variety of anti-fraud mechanisms to identify and prevent suspicious transaction activities, including but not limited to identity verification, behavior analysis, risk assessment, etc.

- Two-factor authentication: To enhance account security, BOXTradEx requires users to enable two-factor authentication (2FA). This is an extra security step required when users log in and perform sensitive operations.

- System security: We continue to upgrade and maintain the platform to ensure system stability and fix potential security vulnerabilities in a timely manner. In addition, BOXTradEx regularly conducts security audits to ensure that the security performance of the platform complies with industry standards.

Through these measures, BOXTradEx strives to protect users' assets and data security. However, we also encourage users to strengthen their own security awareness, regularly update passwords, and properly keep important information such as private keys.

4. How can users join BOXTradEx's events？

BOXTradEx collaborates with many projects to create events and campaigns, such as airdrops, giveaways, AMAs, etc. We also organize tournaments with game projects, you can join and win the rewards. Follow our social media to not miss out on our events.

5. How to use BOXTradEx？

BOXTradEx creates the tutorial page on our website, we provide both articles and videos. You can read all the tutorials here: https://op1.gitbook.io/boxtradex/about-boxtradex/introducing-boxtradex

* For more FAQs, please visit our website: https://op1.gitbook.io/boxtradex/faq/faq

If you have any questions, please enter the Discord of BOXTradEx to open a ticket and ask the admin to assist, or send an email to cs@plusblocks.io

----------------------------------------------------------------------------------------------

Join BOXTradEx Community

Website: https://nft.boxtradex.io/

Twitter: https://twitter.com/box_trad

Discord: https://discord.com/invite/ZuqFeQz58u

Telegram: https://t.me/boxtradex

YouTube: https://www.youtube.com/channel/UCxxyhRSwE8EqWCwCwkSVHrA

Download and Register BOXTradEx

Browser: https://nft.boxtradex.io/

Android: https://apps.apple.com/app/boxtradex/id1566819984

iOS: https://play.google.com/store/apps/details？id=com.plusblocks.boxtradex