Established in 2013, just four years after Satoshi Nakamoto introduced Bitcoin to the world, CEX. IO is a financial services company that has perfected the art of developing technology solutions for the ever evolving field of block chain. “Our founder and CEO, Oleksandr Lutskevych, maintained one of the first mining pools and took over almost 51-percent of the Bitcoin blockchain’s mining hash rate,” says William Evans, CEX.IO’s Managing Director, Americas.
Later, the focus shifted toward preserving the security of blockchain networks. This decision sparked the beginning of CEX.IO, which now stands as a globally-recognized and trusted Bitcoin and crypto ecosystem recently named Best Overall DeFi Platform by the FinTech Breakthrough Awards, 2022.
The company initially supported clients as they entered the decentralized finance (DeFi) arena from a retail perspective. As it grew, Lutskevych, Evans, and their teams deployed institutional and B2B solutions, and today present the market with the most intuitively-designed cryptocurrency exchange platform and other investment options.
CEX.IO provides clients with a fully-immersive crypto experience via its platform and vast ecosystem of products that effectuate easy, instant cryptocurrency purchases alongside seamless liquidity aggregation. The company offers custodial and non-custodial staking services, and has more than five million registered users.
Ensuring the complete safety of customer funds, CEX.IO follows a compliance-first approach, demonstrating a strong commitment to accountability and transparency. The firm collaborates with a clearing entity and provides settlement services, while giving clients the option of credit lines. CEX.IO constantly strives to bridge the gap between TradeFi, traditional finance, and the digital asset world with over-the-counter products to help simplify transaction processes over any exchange.
The enterprise’s attention to regulatory detail has enabled it to strengthen the exchange’s position in the market. The company designed a unique and thorough KYC to carry out efficient onboarding processes. It goes the extra mile and assigns an account manager to help each client streamline their financial due diligence operations.
CEX.IO thoroughly understands the intricate nature of a blockchain environment and concentrates on providing the best trading and crypto exchange user experience possible. Including a dynamic mobile application, clients can enjoy the company’s solutions through various interactive web-based user interfaces. It utilizes WebSocket, REST, and FIX APIs to help clients access automated trading capabilities based on their specific requirements.
We have been in the business for a while now, long enough to have covered all our bases
It is also important to note that CEX.IO’s platform has never experienced an outage, running the exchange at peak performance regardless of how volatile the market becomes. The company prides itself on its reliability as an internationally acclaimed platform. “We have been in the business for a while now, long enough to have covered all our bases,” says Evans.
With such robust and broad capabilities, CEX.IO is consistently setting the benchmark for decentralized cryptocurrency exchanges across the globe. Its ability to offer derivative contracts such as non-deliverable forwards and other options further impresses crypto enthusiasts in every corner, making CEX.IO the go-to exchange.