The crypto area strikes at warp velocity, nevertheless it’s nonetheless onerous to imagine we’re a month into the New Yr already. And but, trying again on the occasions that unfolded in January, and all we’ve completed as an organization, the fast passage of time begins to make sense. CEX.IO hit the bottom working in 2023 with new services and products, a packed media presence, partaking instructional content material, and contemporary award nods that every one lend help to our popularity as a time-tested trade chief.
With markets testing the feasibility of a rebound, we met the group midway with considerate instructional content material that accounted for each bullish and bearish outcomes. And with renewed regulatory scrutiny within the digital asset area, we constructed a useful timeline to place the most recent developments into context. It’s necessary to know how such guardrails may assist shield the broader crypto ecosystem.
We debuted further avenues for exploring the ecosystem, equivalent to Change Plus, and expanded our Earn program by means of a brand new staking mannequin, sub-accounts, and enhanced Financial savings. Eligible customers also can select to take part in quite a lot of ongoing promotions, like our Sizzling Winter of Crypto Staking, to check out newly acquired crypto information, and seize rising alternatives.
CEX.IO management loved a prolific month of media appearances in January. Our Founder and CEO, Oleksandr Lutskevych, made three journeys to the Cointelegraph Innovation Circle to debate quite a lot of matters together with transparency, higher trade protections, and the way stablecoins may higher stay as much as their title.
January additionally noticed our first look on HackerNoon. Wealthy Evans, Managing Director of CEX.IO’s Prime Liquidity program, printed a bit on how technological improvements, and the inside workings of PoS will doubtless affect the trade. Plus, our Head of Communications, Becky Sarwate, introduced our experience to the forefront to share her hopes for the crypto area in 2023.
Lastly, the 12 months kicked off with CEX.IO being shortlisted for a pair of awards by the Hedgeweek U.S. Digital Belongings Awards 2023. The choice was put to a public vote, which is presently being tallied. With the ceremony scheduled for early March, we must always know the leads to a matter of weeks! Within the meantime, brush up on the most recent CEX.IO information, develop your crypto information, and assist us have fun a profitable begin to 2023.
Learn alongside and select your path through the hyperlinks under.
Firm updates
Introducing: Change Plus
We introduced a serious development in person empowerment with the discharge of Change Plus, our new final buying and selling platform. That includes enhanced performance and deep liquidity supplied by our institutional arm, CEX.IO Prime, Change Plus provides merchants entry to a deeper pool of bids and asks throughout a wider vary of obtainable markets. Drawing from a decade of management and innovation within the crypto area, we constructed Change Plus to fill remaining gaps in a DeFi dealer’s toolkit.
Verified CEX.IO customers can create as much as 5 (5) sub-accounts to experiment with totally different buying and selling methods to finest fulfill their distinctive danger urge for food. Change Plus customers will discover new order sorts equivalent to Cease, Good til Date, and Quick or Cancel, permitting for better flexibility and precision round commerce execution. Plus, with built-in TradingView worth charting, customers can monitor worth actions, and react with out leaving the terminal.
Attempt our new all-in-one buying and selling answer on the hyperlink under.
New staking mannequin at CEX.IO
Because the launch of our staking providers, we’ve at all times prioritized providing user-centric pathways for incomes crypto rewards. After cementing a popularity for offering hassle-free, no lock-up staking with dependable month-to-month APYs, we challenged ourselves to construct a contemporary incentive that also put our group first. Therefore, our new staking mannequin was born.
Now, along with providing our current, automated staking service, the brand new staking mannequin permits customers to manually switch their property into sub-accounts to start incomes day by day rewards. In different phrases, customers who reap the benefits of this new mannequin will see a day by day, versus month-to-month, improve of their digital asset portfolios. To assist stoke pleasure, first time stakers may also have the chance to earn a brief 50% improve on their APY for eligible tokens.
Discover our new staking mannequin on the hyperlink under.
Sizzling Season of Crypto Staking promo
The climate could also be dreary, however the markets could possibly be beginning to thaw. To assist nudge them alongside, we launched the Sizzling Winter of Crypto Staking promo to present customers an opportunity to earn momentary elevated rewards on choose stakeable tokens. Every week throughout February and March, we’ll characteristic a unique digital asset, and for that length, customers will earn anyplace between 100-250% in further rewards on their eligible holdings.
To show the temperatures up even greater, we’re providing new CEX.IO stakers the prospect to share a $5,000 prize pool. The primary 500 customers to hitch the promo and develop their crypto journey by means of staking will take pleasure in an opportunity to win. Is it getting sizzling in right here or what?
View an entire schedule of featured property and promo particulars on the hyperlink under.
CEX.IO shortlisted for “Greatest Change” and “Greatest Change – Innovation” by Hedgeweek U.S. Digital Belongings Awards 2023
Funding administration information outlet Hedgeweek introduced on social media that CEX.IO was shortlisted in two classes by their 2023 U.S. Digital Asset Awards. With nods for each “Greatest Change” and “Greatest Change – Innovation,” the choices had been then put to a public vote open to eligible trade members. As we look ahead to the outcomes, preserve eyes out on our official channels for any updates concerning our award standing.
Final 12 months, CEX.IO was named “Greatest Change” on the European Hedgeweek Digital Asset Awards 2022, after receiving over 9,900 votes. A win in a single or each classes would formally jumpstart CEX.IO’s optimistic, third-party recognition for 2023.
Be taught extra about our nominations on the hyperlink under.
BTC and ETH Financial savings nonetheless going robust
Whereas market trajectories stay undecided, we launched a BTC and ETH Financial savings program by means of our Earn service to accommodate members preferring to HODL their cash. Verified customers can elect to maneuver their BTC and/or ETH into a versatile Financial savings account to start incomes rewards. Much like our hassle-free, no lock-up crypto Staking providers, customers who elect to make the most of BTC and/or ETH Financial savings can achieve this with out impacting their asset mobility.
Very like our ongoing instructional content material, we need to present our group with the knowledge and means to navigate the altering waters of the crypto ecosystem. With present APYs listed at 0.5% and 1% respectively for BTC and ETH, CEX.IO customers take pleasure in no minimal requirement to start growing their portfolios.
Discover the BTC and ETH Financial savings on the hyperlink under.
New listings and asset adjustments
Flare (FLR) airdrop and itemizing
CEX.IO introduced it will take part within the FLR airdrop. In response to particulars launched by the mission, the distribution ratio was 1 XRP = 0.15 FLR, with a minimal required stability to qualify of >833 XRP on the time of the snapshot (00:00 UTC 12/12/2020). Eligible customers had been contacted through electronic mail following the occasion, and never topic to an airdrop price.
FLR is the native token of the Flare mission, a layer 1 (L1) blockchain for constructing dApps able to cross-chain interoperability. The token can be utilized for transaction charges, funds, and staking, whereas enhancing community safety.
New instructional choices
Using the Tides of Crypto Regulation
For these nonetheless reeling from the occasions of 2022, this piece ought to in all probability include a set off warning. Nonetheless, it’s our duty as a trusted crypto information to evaluate the continued realities impacting the ecosystem, and spotlight the concepts and options that might reinforce the security of all market members.
Now, with regulators taking a more durable have a look at the digital asset area, and sure unhealthy actors experiencing daylight’s cleaning properties, we’re extra devoted than ever to championing higher regulatory oversight for the crypto trade. Discover a concise have a look at the worldwide response to the FTX collapse, and uncover what new developments could lay forward to your crypto journey on the hyperlink under.
Automated buying and selling throughout bear markets
With costs in flux, bears and bulls are at odds as to which path the markets are headed. To brace for all eventualities, we assembled an in depth information outlining buying and selling methods for members seeking to satiate a low danger urge for food. Find out how an automatic strategy can mood the feelings of buying and selling, whereas nonetheless serving to to realize your crypto targets.
From conceptual, large image buying and selling theories, to the appliance programming interfaces (APIs) that work seamlessly inside our product ecosystem, discover the various pathways that exist for merchants throughout a bear market.
AML/KYC Procedures: Educating the Market Since 2013
CEX.IO has been educating and serving to crypto lovers navigate their journey since 2013. Over this time, and by prioritizing buyer security and safety over extra egocentric targets like revenue, we’ve earned a popularity for considerate and thorough KYC/AML Procedures.
We welcome everybody to our world group of cryptocurrency lovers (to this point over six million customers) and invite you to hitch the enjoyable and studying.
CEX.IO within the media
Our CEO nets a hat trick on Cointelegraph
At one level, our Founder and CEO helped uncover over half 1,000,000 BTC along with his legacy mining pool, GHash.io. Quite than relaxation on his laurels, Oleksandr Lutskevych has labored tirelessly for over a decade to advertise widespread crypto adoption by means of elevated entry and schooling. To attain this finish, Alex is an everyday contributor to Cointelegraph’s Innovation Circle, the place he weighs in on urgent points impacting the digital asset area.
In January, Alex made three appearances to the Innovation Circle to debate a wide selection of matters. From how corporations can enhance transparency, to protections crypto can borrow from TradFi, to methods stablecoins can higher stay as much as their title, Alex’s knowledge and experience proven all through.
Be taught extra concerning the Innovation Circle on the hyperlink under.
Evolution within the crypto area
With the specter of 2022 nonetheless looming giant, the crypto trade is at a crossroads. Nonetheless, we’ve weathered our justifiable share of chilly snaps and malcontents earlier than. This crypto winter iteration may show fertile floor for a brand new period of oversight and exploration to take root. To assist map a few of what could lay forward, our Head of Communications, Becky Sarwate, spoke to Rally Level to expound on what she believes 2023 has in retailer for the crypto area.
From accountability for unhealthy actors, to letting innovation paved the way, Becky emphasised how these substances are important to rebuilding belief and increasing entry to the crypto curious. Plus, be taught what unsung story from final 12 months may pave the best way for wider crypto adoption in philanthropic and reduction efforts.
Dive in on the hyperlink under.
Staking piece on HackerNoon
The place a lot of the dialog round crypto staking is centered round revenue, seasoned trade veterans know the mechanics of PoS are rather more nuanced. Wealthy Evans, the Managing Director of CEX.IO’s Prime Liquidity program, helped elevate a few of these oft-overlooked elements of crypto staking in his first piece printed on HackerNoon.
Wealthy positioned market forces, like inflationary price, alongside improvements equivalent to liquid staking and layer 2 (L2) options, to color an entire image of what the way forward for PoS may resemble. Whereas every token financial system is ruled by its personal distinctive inner workings, over time, these macro results are set to affect particular person and institutional holdings alike.
Seize HODL of the complete article on the hyperlink under.
Disclaimer: Info supplied by CEX.IO will not be meant to be, nor ought to it’s construed as monetary, tax or authorized recommendation. The chance of loss in buying and selling or holding digital property will be substantial. You must fastidiously think about whether or not interacting with, holding, or buying and selling digital property is appropriate for you in gentle of the chance concerned and your monetary situation. You must think about your stage of expertise and search unbiased recommendation if crucial concerning your particular circumstances. CEX.IO will not be engaged within the provide, sale, or buying and selling of securities. Please consult with the Phrases of Use for extra particulars.
