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Industry & Market Trends

Announcements Anti-fraud and anti-money laundering Industry & Market Trends XREX Products

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Industry & Market Trends

Industry & Market Trends

16/06/2021

Mobilization of Crypto Community Is Helping India in the Pandemic

The debates over the true value of cryptocurrencies have never ended. However, the unfortunate pandemic which the world is still suffering from has become a real scenario — the mobilization of the global crypto community and the immediate transferring of funds have successfully saved lives, especially in emerging economies, including India. Mobilization… Read More

Industry & Market Trends

23/04/2021

What is Hawala? An Ancient Informal Financial System in Emerging Economies

Hawala or hewala is a word derived from the Persian word havaleh, literally meaning transfer or trust. In simple words, hawala can be defined as a money transfer method, which exists outside the purview of the traditional banking system, utilizing two or more hawala dealers (also called hawaladars) for moving… Read More

Industry & Market Trends

16/04/2021

Bitcoin & Cryptocurrencies: Best Alternative to Send Money to India

Consumer-to-consumer (C2C) cross-border money transfer is defined as “Remittance”. In general terms, a remittance is a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called a remittance. However, remittance is most often described as any sum of… Read More

Industry & Market Trends

07/04/2021

After losing 800+ Bitcoins: Founding Story Behind XREX

Wayne Huang and Winston Hsiao co-founded XREX in 2018. It’s the year of the Bitcoin plunge, and many people, including crypto enthusiasts, have lost their faith. However, Wayne and Winston strongly believe that Bitcoin and blockchain is an opportunity they must pursue after the dot-com revolution. They started XREX at a time… Read More

Industry & Market Trends

31/03/2021

Best Crypto Frontline Defender: XREX Risk Level Detector

XREX proudly launches “Risk Level Detector”, a new feature which helps customers detect risk levels of users’ deposit and withdrawal crypto addresses. Top security is our commitment to you. We understand it has been a challenge for crypto users to identify tainted crypto wallets; many have been scammed and lost… Read More

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