London, United Kingdom, November 1, 2018 — CEX.IO, one of the oldest UK-based crypto exchanges, will celebrate five years of operation.
On November 1, 2013, CEX.IO was incorporated under the UK jurisdiction.
“At every stage during these five years, CEX.IO was focused on enabling our users to engage with a new economy in an easy, efficient, and transparent way. We were the first to offer cloud mining services with the largest mining pool, Ghash.io. Similarly, CEX.IO was the first to popularize purchases of cryptocurrencies via credit and debit cards.” — Oleksandr Lutskevych, CEO of CEX.IO
The CEX.IO cryptocurrency exchange was born from the trading platform launched for trading mining power of the largest-ever mining pool, Ghash.io. Today, CEX.IO is a sustainable, growing, and result-oriented company with almost 300 employees and representation in the UK, the US, Ukraine, Latvia, Cyprus, and Gibraltar. With more than 2.6 million users across the globe, CEX.IO provides stable services backed by cold cryptocurrency storage, financial viability, strong security, and KYC and AML best practices.
As a crypto pioneer, CEX.IO supports legal initiatives aimed at bringing more credibility to the industry through active participation in CryptoUK.
A UK-based multi-functional cryptocurrency exchange established in 2013, CEX.IO provides a rich variety of trading tools for Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash, Ripple, Stellar Lumens, and Litecoin. These cryptocurrencies can be traded for USD, EUR, GBP, and RUB.
CEX.IO provides a wide range of payment options including credit and debit cards as well as reliable and timely wire transfers. The company strives to offer the best cryptocurrency trading experience and the most convenient service to its customers. Since April 2016, CEX.IO clients have processed over 1 billion US dollars via Visa and Mastercard cards.
The CEX.IO exchange repeatedly passes PCI DSS certificate renewal to validate compliance, allowing it to process, transmit, and store credit card data.
CEX.IO is among the founders of CryptoUK, an association started by major cryptocurrency players to represent the interests of exchanges, trading platforms, intermediaries, and asset managers, among other stakeholders. CryptoUK strives to build cooperation with authorities in the UK, such as the FCA, to develop an appropriate operating framework for crypto businesses.
Since 2015, CEX.IO has held MSB (Money Services Business) status with FinCEN, a bureau of the US Department of the Treasury. As a registered MSB, CEX.IO has proved that the company complies with Bank Secrecy Act requirements applicable to financial institutions as well as to each of the specific requirements applicable to MSBs.
Peter Ivanov, Communications Officer
London office contact details: 0203 909 6911, 0203 909 6910
Press release distributed by Pressat on behalf of CEX.IO LTD, on Thursday 1 November, 2018. For more information subscribe and follow https://pressat.co.uk/