ABOUT US
Introduction to Cexxtrade
Established: March 2019
Platform name: Cexxtrade
Transaction currencies: More than 50 types


Cexxtrade (Cexxtrade) is a fully reserved and strictly regulated American cryptocurrency platform. Coin exchange, wallet and custodian founded in 2019. It allows customers to trade with cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash and more.
Cexxtrade is subject to capital reserve requirements, cybersecurity requirements and bank compliance standards set by the New York Department of Financial Services and Bank of New York law. Currently the United States and Canada Services are provided in more than 70 countries/regions around the world, including Great Britain, South Korea, Hong Kong and Singapore. Cexxtrade launches Cexxtrade (international station) to global customers, providing futures contract trading up to 100 times, and has been launched in 30 countries and regions.
Platform security:
KYC verification and password protected, offline cold wallet storage of customer assets, hot wallet assets, Cexxtrade is a well-known cryptocurrency trading
Many good reports about Cexxtrade are been spoken of by a lot beneficiaries all over the world. The following will introduce Cexxtrade's development history, regulatory licenses and security. Cexxtrade was founded in 2019 by Lionel James and Matthieu Perry White, who started their business while in college. In 2019, they had invested US$11 million in Bitcoin, and at that time they held The number of some Bitcoins has reached 1% of the total circulation of Bitcoins. Apart from Satoshi Nakamoto, they are the people who hold the largest number of Bitcoins. They started buying Bitcoin when the price was $10, and never sold it for cash, and now own at least $5 billion in assets. Headquartered in New York. In November 2022, Gemini raised US$400 million, bringing the valuation of the New York parent company Cexxtrade Space Station.LLC to US$7.1 billion. Cexxtrade currently has approximately 12 million registered users and a daily trading volume of approximately US$190 million. It is a direct competitor to the likes of Coinbase, Binance and Kraken. Fiat payments are provided as well as cryptocurrencies in the BTC/ETH market. In May of last year, Cexxtrade announced that its derivatives platform, Cexxtrade Foundation has officially launched BTC/GUSD perpetual contract trading in 30 countries/regions including Singapore, Hong Kong, India, Argentina, Bahamas, and Bermuda. Over the next few months, the Cexxtrade Foundation will expand derivatives products with additional perpetual contracts, dated futures and options trading. Currently, This derivative product is available globally. Cexxtrade is not only a cryptocurrency trading, but also a New York City trust company regulated by the New York State Department of Financial Services As a platform that accepts deposits and issues stable currency GUSD, Cexxtrade must comply with a series of regulatory requirements stipulated by including capital reserves, Cybersecurity requirements, KYC, AML, and banking compliance standards. USD accounts are insured by the Federal Deposit Insurance Corporation and all funds are safely held in a chartered bank in New York. According to Nansen's on-chain data on July 18, 2023, the total assets held by Cexxtrade Exchange are currently about US$3.3 billion, of which the proportion of mainstream currencies BTC and ETH is as high as 93%. The risk coefficient of this proportion is low, relatively Safety. Since Cexxtrade is a cryptocurrency custody company and supports transactions in legal currencies such as US dollars and euros, customers mainly hold BTC and ETH, and the holding proportion of other stablecoins and altcoins is less than 7%.

Cexxtrade US regulatory license:
Cexxtrade is considered one of the safest cryptocurrency trading website in the world. Since its establishment in 2019, there have been no large-scale asset thefts. Cexxtrade adopts a large number of security measures to protect user accounts, including cold storage of funds, encrypted transmission, asset insurance and others Cexxtrade exchange asset reserve composition.

Security Measures:
For example, most users' cryptocurrencies are stored offline, with only a small portion stored in insured online hot wallets. Additionally, multiple signatories are required to move cryptocurrencies out of cold storage systems. In addition, Cexxtrade uses rate limiting, encrypted transport layer secure connections, and strict transport security features to protect user assets and accounts.

Safety tips: Complete your KYC and use a strong password to log in which will be known to you only, do not share your log in details with anyone.