Crypto Exchange CEX.IO Named as Top 10 Safest Crypto Exchanges by CryptoCompare

Cryptocurrency change CEX.IO is named within the prime 10 most secure cryptocurrency exchanges by CryptoCompare – the unbiased international cryptocurrency market information supplier, rating ninth.

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Established in 2013 within the UK as one of many first cloud mining suppliers, CEX.IO has grow to be a regulated multi-functional cryptocurrency change, trusted by over 1,000,000 customers.

CEX.IO presents cross-platform buying and selling by way of web site, cell app, WebSocket, and REST API, offering entry to a excessive liquidity order e-book for prime foreign money pairs available on the market. Immediate Bitcoin shopping for and promoting can be found by way of a simplified bundle interface.

CryptoCompare in contrast greater than 150 international spot exchanges within the present marketplace for a complete evaluation by way of Know-Your-Buyer (KYC) or buying and selling threat, asset diversification, market high quality, information provision, crew/change, and safety.

The Benchmark assigns a AA – F grade to assist determine the bottom threat venues within the business. CEX.IO acquired an “A” ranking in these classes.

Coinbase scored the very best in CryptoCompare’s newest benchmark, adopted by Gemini, Bitstamp, and Binance.

CEX.IO was additionally just lately listed by Forbes as one of many prime 20 finest cryptocurrency exchanges on the earth.

In line with the official web site, “CEX.IO Restricted acquired a Distributed Ledger Expertise (DLT) license issued by the Gibraltar Monetary Providers Fee (GFSC). CEX.IO Corp. has obtained Cash Transmitter Licenses (MTLs) in 26 US states, and carry on engaged on masking extra.”

The safety problem of cryptocurrency exchanges has at all times been a matter of nice concern and concern to traders.

The world’s largest cryptocurrency change Binance has set up a $1 billion insurance coverage fund for patrons to double-protect the platform from hacking assaults.

Picture supply: Shutterstock

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