London, England, January 8, 2019 — CEX.IO will support the Ethereum Constantinople upgrade, which is estimated to happen between 14 and 18 January 2019.
The Ethereum Constantinople upgrade – originally planned for November 2018 but actually taking place in January 2019 – has been a part of the Ethereum roadmap for a long time. With Constantinople, network developers are implementing software updates to make the Ethereum network cheaper and more efficient.
CEX.IO is making all required technical adjustments to enable support for the Constantinople upgrade. Right before the upgrade, we will stop ETH deposits and withdrawals in order to secure users’ funds, as that is our main priority. After the Constantinople upgrade has been successfully completed, all Ethereum holders will be able to trade their coins on CEX.IO as usual. Additionally, if the chain were to split, all users with ETH on their balances at the time of the fork will receive new coins.
“With more than 2.7 million users, CEX.IO is working on the reliable products and services to maintain the trust of millions of our clients across the globe. Each and every product should bring the highest value to the users by providing simple and effective solutions for their financial needs.” — Elaine Neal, CEX.IO Chief Product Officer.
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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, and Litecoin. These cryptocurrencies can be traded for USD, EUR, GBP, and RUB.
CEX.IO provides a variety 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 is aimed at building cooperation with authorities in the UK, such as the FCA, to develop an appropriate operating framework for crypto businesses.
With more than 2.5 million users across the globe, CEX.IO provides stable services backed by cold cryptocurrency storage, financial viability, high security, and KYC and AML best practices. 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 Tuesday 8 January, 2019. For more information subscribe and follow https://pressat.co.uk/