CEX.IO Month-to-month Digest (November)

There are months that may really feel like years or a long time, and November 2022 may very well be thought-about a type of months within the crypto area. The business skilled an enormous rollercoaster of occasions and feelings, from the hope of an imminent restoration, to capitulation and burnout. Mainstream media stored an in depth eye on the evolving conditions of sure market gamers, reporting contagion by unhealthy actors, and fueling a “doom” narrative within the area. 

Nonetheless, as we asserted months in the past, a bear market is a interval of business cleaning, the place rationality and work all the time win out over loud claims and speak. Very often, these cleansings are accompanied by common crypto obituaries. In brief, there’s nothing new to see right here for established ecosystem customers. Though crypto supporters might be seen proper now because the heroes of the “That is tremendous” meme to the informal observer, we all know that spring all the time comes after winter.

Following current turbulent occasions, extra crypto lovers have begun to search for rationality and stability within the area. In doing so, they’re turning to the companies offered by gamers that put safety on the forefront. 

As an ecosystem that has been a trusted information for practically 10 years, CEX.IO is properly positioned to function a hideout for anybody who needs to endure market turbulence with confidence. We maintain all customers’ funds in 1:1 custody, and supply clear companies whereas sustaining rigorous regulatory management. Don’t imagine us? We’ve got loads of constructive third-party validation. We’re proud to see that our group is spreading the great phrase about us in powerful market situations like these.

For our half, we decide to persevering with to work on bettering our ecosystem, offering our customers with extra alternatives to deal with the bear market, and be capable to enter the crypto area with out concern. Beneath, we provide updates on main developments throughout the CEX.IO ecosystem, and different firm information. Let’s roll!