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2022 has definitely been eventful and difficult for our trade. From the outbreak of the struggle in Ukraine in February, straight by to final week’s collapse of considered one of our opponents, volatility has typically felt like the one fixed this 12 months.
In actuality nonetheless, setbacks are an inevitable a part of general development. And though latest occasions have been unsettling, they’re additionally a reminder of the significance of customer-focused ethics. These have been a part of CEX.IO’s DNA since our founding virtually a decade in the past.
We wish to take this chance to affirm our dedication to soundly connecting folks and companies to alternatives in cryptocurrencies and decentralized finance, serving as a information alongside their particular person journey. It is a very critical accountability that requires transparency. As such, we’d prefer to share a couple of fundamentals about our core beliefs, enterprise ethics and above all, the pledge we make to assist the hero of each particular person crypto journey. You.
Your crypto is yours
Merely put, funds are at all times out there to our prospects, and held in 1:1 custody. Maybe most significantly — and in any market situation — shopper and firm cash is managed and held individually. This unshakable apply has earned us the belief of over 5 million world market members who wish to get forward within the digital belongings economic system. CEX.IO is their crypto information, serving to them chart their path, with extra alternatives and fewer steps alongside the best way.
CEX.IO won’t ever use your funds for market strikes that aren’t expressly dictated by your personal private funding technique. Your belongings belong to you whether or not buying and selling, storing, transferring or incomes. As talked about above, they’re held 1:1 in custody, and we preserve 100% reserves.
We take the identical cautious method with our personal sources. CEX.IO works solely with main exchanges which have all launched transparency statements in regards to the security of their operations in latest days.
Our historical past calls for consistency and reliability
CEX.IO was based in 2013 with a mission to assist world monetary inclusion by the adoption of cryptocurrency and blockchain know-how. By markets bull or bear, we’ve by no means overpassed our perception that decentralized finance has the facility to vary the world — and folks’s lives — for the higher.
In protecting this basic perception on the heart of the whole lot we do, over 5 million customers have loved handy, secure entry to the world of decentralized finance. Our product pipeline, safety posture and customer support method are all rooted in our dedication to consistency, stability and person empowerment — wherever you come from, or wish to journey by the ecosystem.
Regulatory management by instance
For crypto to attain mainstream adoption, we’ve at all times believed the identical guidelines should apply to the cryptocurrency trade as they do to different cost devices.
CEX.IO is a world firm with a completely inclusive method to participating regulators. In 2015 we accomplished our first audit with the U.S. Treasury’s Monetary Crimes Enforcement Community (FinCEN). This was the beginning of a sustained dedication to stop cash laundering and terrorist financing from polluting the crypto ecosystem. Over time, our dedication to compliance and regulation has develop into a aggressive benefit.
Just a few vital highlights:
CEX.IO is a FinCEN registered Cash Service Enterprise. Our registration will be discovered right here.CEX.IO maintains 32 Cash Transmitter licenses with particular person states and might function in 49 U.S. states in whole. Please see particular person state licenses right here. CEX.IO is registered with the Monetary Transactions and Stories Evaluation Centre of Canada (FINTRAC). Our registration will be discovered right here.CEX.IO has Distributed Ledger Know-how License and Cash Lending License in Gibraltar. See particulars right here.
We won’t waver in our dedication to a secure, inclusive ecosystem. Alternatives by no means come on the expense of reliability, stability and regulatory compliance.
Our operations are constructed and sustained with our hero on the heart
We make three guarantees to you, our hero:
1. We’ll aid you safely seize extra alternatives as you chart the trail of your particular person crypto journey.
2. You’ll expertise a smoother journey with fewer steps and obstacles alongside the best way.
3. You’ll be empowered to achieve your full potential with data and instruments, shared by a seasoned information with an unmovable ethical compass.
Revered third-party validation of our work
CEX.IO has been the recipient of quite a few trade accolades simply in 2022 alone. In September, we had been named the Most Trusted Crypto Change and Most Secured Buying and selling Platform within the UK by the Worldwide Enterprise Journal Awards. Earlier this 12 months, we had been ranked the ninth Greatest Cryptocurrency Change by CryptoCompare, listed by Forbes as a High 20 Greatest World Crypto Change, named ”Greatest General DeFi Platform” within the FinTech Breakthrough Awards, and acknowledged because the Greatest Change within the 2022 Hedgeweek European Digital Belongings Awards.
This type of visibility is greater than feel-good model validation. Moderately, third-party recognition from revered entities affirms the customer-focused ethics, technique and innovation which have at all times been the core of our work. We care that you just care, and we’ll at all times be there for assist, whether or not you’re a “crypto curious” first time market participant, or a “crypto critical” participant searching for leading edge instruments to drive your private method to decentralized finance.
As we’ve already stated, trade setbacks are a compulsory, if lamentable a part of development and maturity. We’ve endured winters over time — some colder than others — with an unshakeable perception within the energy of crypto to soundly and democratically widen the online of monetary inclusion. With that perception comes nice accountability, and we’ll by no means lose sight of that reality.
We worth the belief you place in us. There aren’t any shortcuts in our operations or ethics, and there by no means will probably be.
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