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CEX.IO Ecosystem Evolution in 2022

by SB Crypto Guru News
January 3, 2023
in Crypto Updates
Reading Time: 5 mins read
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2022 appeared like a endless rollercoaster, stuffed with challenges and a large spectrum of feelings. A couple of sharp turns elevated adrenaline all year long’s bearish journey. However whereas others shouted and waved their palms, we sat with a peaceful face engaged on bettering the ecosystem. CEX.IO continued to observe its philosophies and delivered new merchandise and ecosystem updates it doesn’t matter what occurred.

This degree of adaptation to market circumstances comes with time. As a longtime platform with an over nine-year historical past, we’ve come by means of quite a few turbulences within the digital asset house. These instances hardened us like metal however we all the time see room for enhancements which might make us a good better-oiled machine. 

We’re glad to see that our dedication to providing high-quality companies was acknowledged by third events — and our clients — all through a rocky 12 months for the business.

Trying again at 2022 crypto market occasions, what instantly involves thoughts is what we mentioned a 12 months in the past — “we not solely speak the speak, we stroll the stroll.” And what may very well be a greater solution to validate this declare than by exhibiting what we achieved? With out additional ado, let’s recap a few of our main initiatives and accomplishments in 2022. 

Launched Trade Plus

So as to not miss buying and selling alternatives whereas benefiting from the very best charges, skilled merchants could preserve a number of accounts at numerous exchanges. Such an endeavor usually takes plenty of time, focus, and assets, which may very well be exhausting and expensive for a dealer. By introducing Trade Plus, we needed to supply merchants the final word platform, the place they will convey their buying and selling methods to life in a single terminal.

Powered by our institutional arm, CEX.IO Prime, Trade Plus options deep liquidity, a broad vary of markets, and enhanced performance. With Trade Plus, merchants can reap the benefits of improved threat administration by using new order varieties and subaccounts. 

Trade Plus is a significant step ahead in person empowerment, permitting customers to dig deeper and discover a higher path to achieve crypto markets. 

Relaunched Listings program

In case you are a crypto challenge, it may be a frightening course of to discover a protected haven the place you possibly can anchor and introduce your self to the crypto neighborhood. As a trusted information and a longtime firm within the crypto house, we wish to assist vetted crypto startups make their first splash with confidence. 

So in 2022, we relaunched our Listings program, providing crypto tasks a chance to undergo a clear and sturdy itemizing course of, with our skilled steering alongside the way in which. Our strategy empowers tasks to attain wider adoption and recognition, whereas preserving their very own id and independence. With this initiative, we’re trying ahead to seeing extra profitable tasks be part of the crypto house.

Developed quite a few academic supplies

When individuals are confronted with one thing unknown to them, very often they expertise concern. However there’s a very efficient solution to overcome this concern — schooling. When you understand what you’re seeing, you possibly can confidently understand how greatest to proceed. 

As a fast-paced business, the crypto market is quickly producing nascent alternatives. With out steady studying, you may finally come to the occasion when all of the enjoyable is over, or make an uninformed mistake. That’s the reason we wish to supply an natural technique of studying all through our ecosystem, with in depth academic supplies.

As part of this effort in 2022, we:

By offering in-depth data, we wish you to be armed and ready for any market scenario.

Expanded and improved present companies

We’re enlarging our ecosystem not solely in breadth, but additionally depth. Listed here are among the notable updates we applied:

CEX.IO Trade

We added over 30 cryptocurrencies to the platform, together with Quant (QNT), ApeCoin (APE), and Algorand (ALGO). As well as, we expanded considerably the record of supported property for U.S. clients. Now customers from the U.S. can commerce over 40 cryptocurrencies utilizing the CEX.IO Trade.

CEX.IO Earn

We added Avalanche (AVAX), Kusama (KSM), Kava (KAVA), and plenty of different property for staking. Moreover, our hassle-free staking, which empowers customers to earn rewards simply by holding property on their balances, grew to become out there within the U.S. 

In flip, Bitcoin (BTC) and Ethereum (ETH) had been launched in CEX.IO Financial savings, empowering customers to effortlessly earn rewards with these cash.

CEX.IO App 

CEX.IO App grew to become out there within the U.S. and plenty of different nations. We additionally added our Financial savings service to CEX.IO App, permitting customers to build up crypto funds no matter market circumstances. Obtain CEX.IO App for iOS and Android to handle your crypto portfolio wherever, any time.

New cost choices

We prolonged our multi-chain assist by including new networks out there for transactions out and in of the CEX.IO ecosystem. CEX.IO customers can now additionally take pleasure in PayPal and Trustly as funding choices.

Web site changes

We revamped net pages for a few of our merchandise and options to supply extra helpful data to our clients. For instance, the brand new API web page incorporates extra detailed documentation and helpful guides to rapidly begin utilizing our free API. As well as, we made monitoring our ongoing promotions and giveaways much more simple with a brand new Giveaways and Contest web page.

Supported humanitarian initiatives in Ukraine

The outbreak of battle in Ukraine earlier this 12 months considerably impacted lots of our colleagues and clients. And it continues to take action. From the primary days of the invasion, we’ve labored across the clock to do what we will to assist everybody affected by the disaster. Consequently, we deployed a collection of initiatives for our Ukrainian clients. We additionally launched the Donation Widget, then the Donation web page, permitting anybody to immediately assist causes on the bottom saving lives in Ukraine — with out transaction charges.

We’re grateful that our neighborhood joined us on this effort. Due to your donations, quite a few folks in Ukraine acquired urgently wanted humanitarian help. This provides all of us hope that collectively we will overcome any difficulties. You formed folks’s lives for the higher and have become part of their future. Settle for our deepest gratitude in your assist. 

What’s subsequent?

The crypto business is sort of a bullet prepare shifting ahead at excessive velocity. New challenges could come, however we’re right here to remain. To maintain up with any tempo, we’re making ready new merchandise and enhancements for our ecosystem to empower you to grab new alternatives. 

Everytime you really feel misplaced within the crypto ocean, you possibly can all the time go to your pleasant harbor, CEX.IO. We are going to enable you navigate the house so you possibly can journey extra confidently.

Disclaimer: Not funding recommendation. Search skilled recommendation. Digital property contain threat. Do your personal analysis.



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Tags: Bitcoin NewsCEX.IOCrypto NewsCrypto UpdatesEcosystemEvolutionLatest News on CryptoSB Crypto Guru News
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