Cryptocurrency exchange CEX.IO has been recognized ninth among the top ten safest cryptocurrency exchanges by CryptoCompare, an independent global cryptocurrency market data supplier.
Cryptocurrency exchange CEX.IO has been recognized ninth among the top ten safest cryptocurrency exchanges by CryptoCompare, an independent global cryptocurrency market data supplier.
CEX.IO, founded in 2013 in the United Kingdom as one of the first cloud mining providers, has evolved into a regulated multi-functional cryptocurrency exchange trusted by over a million customers.
CEX.IO provides cross-platform trading through website, mobile app, WebSocket, and REST API, with access to a high liquidity order book for the market's leading currency pairings. A simpler bundle interface allows for instant Bitcoin purchasing and selling.
CryptoCompare evaluated over 150 global spot exchanges in the present market for Know-Your-Customer (KYC) or trading risk, asset diversification, market quality, data provision, team/exchange, and security.
The Benchmark assigns an AA - F score to help identify the industry's lowest risk venues. In these categories, CEX.IO scored a “A.”
Coinbase ranked first in the current CryptoCompare benchmark, followed by Gemini, Bitstamp, and Binance.
CEX.IO was also just named one of the top 20 finest cryptocurrency exchanges in the world by Forbes.
According to the company's official website, “The Gibraltar Financial Services Commission granted CEX.IO Limited a Distributed Ledger Technology (DLT) license (GFSC). CEX.IO Corp. has secured Money Transmitter Licenses (MTLs) in 26 US states and is aiming to expand its coverage.”
The security of cryptocurrency exchanges has long been a major source of concern for investors.
Binance, the world's largest cryptocurrency exchange, has established a $1 billion insurance fund for consumers to defend the platform against cyber threats.
As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!
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