The crypto house strikes at warp pace, but it surely’s nonetheless arduous 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 achieved as an organization, the short passage of time begins to make sense. CEX.IO hit the bottom operating in 2023 with new services and products, a packed media presence, participating academic content material, and recent award nods that every one lend help to our status as a time-tested business chief.
With markets testing the feasibility of a rebound, we met the group midway with considerate academic content material that accounted for each bullish and bearish outcomes. And with renewed regulatory scrutiny within the digital asset house, we constructed a useful timeline to place the newest developments into context. It’s vital to know how such guardrails might assist defend the broader crypto ecosystem.
We debuted further avenues for exploring the ecosystem, reminiscent of Trade Plus, and expanded our Earn program via a brand new staking mannequin, sub-accounts, and enhanced Financial savings. Eligible customers can even select to take part in quite a lot of ongoing promotions, like our Scorching Winter of Crypto Staking, to check out newly acquired crypto data, 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 business protections, and the way stablecoins might higher stay as much as their identify.
January additionally noticed our first look on HackerNoon. Wealthy Evans, Managing Director of CEX.IO’s Prime Liquidity program, revealed a chunk on how technological improvements, and the interior workings of PoS will probably impression the business. Plus, our Head of Communications, Becky Sarwate, introduced our experience to the forefront to share her hopes for the crypto house 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 at the moment 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 newest CEX.IO information, develop your crypto data, and assist us have fun a profitable begin to 2023.
Learn alongside and select your path through the hyperlinks beneath.
Firm updates
Introducing: Trade Plus
We introduced a significant development in consumer empowerment with the discharge of Trade Plus, our new final buying and selling platform. That includes enhanced performance and deep liquidity supplied by our institutional arm, CEX.IO Prime, Trade Plus offers 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 house, we constructed Trade 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 completely different buying and selling methods to greatest fulfill their distinctive danger urge for food. Trade Plus customers will discover new order varieties reminiscent of Cease, Good til Date, and Rapid or Cancel, permitting for better flexibility and precision round commerce execution. Plus, with built-in TradingView value charting, customers can monitor value actions, and react with out leaving the terminal.
Attempt our new all-in-one buying and selling resolution on the hyperlink beneath.
New staking mannequin at CEX.IO
For the reason that launch of our staking providers, we’ve at all times prioritized providing user-centric pathways for incomes crypto rewards. After cementing a status for offering hassle-free, no lock-up staking with dependable month-to-month APYs, we challenged ourselves to construct a recent 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 belongings into sub-accounts to start incomes every day rewards. In different phrases, customers who benefit from this new mannequin will see a every day, versus month-to-month, enhance of their digital asset portfolios. To assist stoke pleasure, first time stakers will even have the chance to earn a brief 50% enhance on their APY for eligible tokens.
Discover our new staking mannequin on the hyperlink beneath.
Scorching Season of Crypto Staking promo
The climate could also be dreary, however the markets may very well be beginning to thaw. To assist nudge them alongside, we launched the Scorching Winter of Crypto Staking promo to provide customers an opportunity to earn non permanent elevated rewards on choose stakeable tokens. Every week throughout February and March, we’ll characteristic a special digital asset, and for that length, customers will earn wherever between 100-250% in further rewards on their eligible holdings.
To show the temperatures up even increased, we’re providing new CEX.IO stakers the prospect to share a $5,000 prize pool. The primary 500 customers to affix the promo and develop their crypto journey via staking will take pleasure in an opportunity to win. Is it getting sizzling in right here or what?
View an entire schedule of featured belongings and promo particulars on the hyperlink beneath.
CEX.IO shortlisted for “Greatest Trade” and “Greatest Trade – 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 Trade” and “Greatest Trade – Innovation,” the choices had been then put to a public vote open to eligible business individuals. As we watch for the outcomes, maintain eyes out on our official channels for any updates concerning our award standing.
Final 12 months, CEX.IO was named “Greatest Trade” 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 beneath.
BTC and ETH Financial savings nonetheless going sturdy
Whereas market trajectories stay undecided, we launched a BTC and ETH Financial savings program via our Earn service to accommodate individuals 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. Just 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 academic 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 beneath.
New listings and asset modifications
Flare (FLR) airdrop and itemizing
CEX.IO introduced it will take part within the FLR airdrop. In accordance with particulars launched by the challenge, 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 e-mail following the occasion, and never topic to an airdrop payment.
FLR is the native token of the Flare challenge, 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 bettering community safety.
New academic 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. Nevertheless, it’s our accountability as a trusted crypto information to evaluate the continuing realities impacting the ecosystem, and spotlight the concepts and options that might reinforce the security of all market individuals.
Now, with regulators taking a more durable have a look at the digital asset house, and sure unhealthy actors experiencing daylight’s cleaning properties, we’re extra devoted than ever to championing higher regulatory oversight for the crypto business. Discover a concise have a look at the worldwide response to the FTX collapse, and uncover what new developments might lay forward on your crypto journey on the hyperlink beneath.
Automated buying and selling throughout bear markets
With costs in flux, bears and bulls are at odds as to which course the markets are headed. To brace for all eventualities, we assembled an in depth information outlining buying and selling methods for individuals trying to satiate a low danger urge for food. Find out how an automatic method can mood the feelings of buying and selling, whereas nonetheless serving to to realize your crypto objectives.
From conceptual, large image buying and selling theories, to the applying 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 objectives like revenue, we’ve earned a status for considerate and thorough KYC/AML Procedures.
We welcome everybody to our world group of cryptocurrency lovers (thus far over six million customers) and invite you to affix 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 together with his legacy mining pool, GHash.io. Fairly than relaxation on his laurels, Oleksandr Lutskevych has labored tirelessly for over a decade to advertise widespread crypto adoption via elevated entry and training. To realize this finish, Alex is a daily contributor to Cointelegraph’s Innovation Circle, the place he weighs in on urgent points impacting the digital asset house.
In January, Alex made three appearances to the Innovation Circle to debate a big selection of matters. From how firms can enhance transparency, to protections crypto can borrow from TradFi, to methods stablecoins can higher stay as much as their identify, Alex’s knowledge and experience proven all through.
Be taught extra concerning the Innovation Circle on the hyperlink beneath.
Evolution within the crypto house
With the specter of 2022 nonetheless looming giant, the crypto business is at a crossroads. Nevertheless, we’ve weathered our fair proportion of chilly snaps and malcontents earlier than. This crypto winter iteration might show fertile floor for a brand new period of oversight and exploration to take root. To assist map a few of what might 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 house.
From accountability for unhealthy actors, to letting innovation cleared the path, Becky emphasised how these components are important to rebuilding belief and increasing entry to the crypto curious. Plus, be taught what unsung story from final 12 months might pave the way in which for wider crypto adoption in philanthropic and aid efforts.
Dive in on the hyperlink beneath.
Staking piece on HackerNoon
The place a lot of the dialog round crypto staking is centered round revenue, seasoned business 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 points of crypto staking in his first piece revealed on HackerNoon.
Wealthy positioned market forces, like inflationary value, alongside improvements reminiscent of liquid staking and layer 2 (L2) options, to color an entire image of what the way forward for PoS might resemble. Whereas every token economic system is ruled by its personal distinctive inner workings, over time, these macro results are set to impression particular person and institutional holdings alike.
Seize HODL of the complete article on the hyperlink beneath.
Disclaimer: Info supplied by CEX.IO just isn’t 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 belongings might be substantial. You must fastidiously contemplate whether or not interacting with, holding, or buying and selling digital belongings is appropriate for you in mild of the danger concerned and your monetary situation. You must take into accounts your stage of expertise and search impartial recommendation if mandatory concerning your particular circumstances. CEX.IO just isn’t engaged within the supply, sale, or buying and selling of securities. Please consult with the Phrases of Use for extra particulars.