Exchange - XREX

Exchange RegTech Company

Exchange RegTech Company

Blog

Keep up with XREX

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

Exchange

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

Search

#Exchange

Announcements

10/05/2023

Buy Bitcoin with USD Directly! XREX USD-Crypto Exchange Supports USD Trading Pairs!

Buy and sell Bitcoin with USD directly on the XREX exchange with an $8 deposit fee discount in May! You can buy Bitcoin, Ethereum, and multiple cryptocurrencies directly with US dollars on the XREX USD-crypto exchange! Operated by internationally-recognized cybersecurity experts, the XREX exchange supports USD trading pairs such as BTC/USD, ETH/USD, SOL/USD, USDC/USD, USDT/USD,… Read More

Announcements

28/04/2023

Save $8 on fees for every USD deposit to the XREX USD-crypto exchange

USD-crypto exchange XREX has launched a new USD deposit promotion: for the month of May, there will be a waiver of $8 deposit fees for all USD deposits, regardless of the deposit amount. To those who hold assets in USD, invest in US stocks, or wish to trade cryptocurrencies with USD, this… Read More

Announcements

08/04/2023

XREX Grid Trading Now Live: The Perfect Trading Tool for Novice and Experienced Traders

Grid trading, the perfect tool for both novice and experienced traders in any market condition, now officially launched on the XREX USD-crypto exchange! With Grid trading, forget spending long hours monitoring the market. Simply set your preferred parameters and let the intelligent Grid bot automatically trade for you 24x7x365. This… Read More

Announcements

16/02/2023

Four new coins and token available for shorting on the XREX exchange!

XRP, SOL, GMT, and BNB are now available for shorting on the XREX exchange’s 1x short feature! Here’s a brief overview of each of these coins and token: XRP: XRP is the native cryptocurrency of the Ripple network, which is designed to enable fast and low-cost transactions. Ripple is often used by… Read More

Announcements

30/12/2022

XREX Publishes Beta Version of Proof of User Digital Asset Balance

US dollar-cryptocurrency exchange XREX released a beta version of its Proof of User Digital Asset Balance on December 30th, allowing users to directly verify on the XREX app via Merkle tree. With a user-friendly self-verification process, users can ensure that their digital assets are properly accounted for and safeguarded by… Read More

Industry & Market Trends

27/12/2022

Building Safe Exchanges Together — Proof of Solvency Rather Than Proof of Reserves Will Demonstrate User Assets Have Not Been Misappropriated

This article was first published on November 22, 2022 on xrex.io in Mandarin Once among the world’s top three exchanges, FTX suddenly went bankrupt, leaving a gap between liabilities and assets of more than US$9 billion. Retail investors in cryptocurrency, Web3 venture capitals, institutions, and banks around the world lost their… Read More

Industry & Market Trends

27/12/2022

Building Safe Exchanges Together — Proof of Liabilities for User Assets in an Exchange: Three Generations of Merkle Tree’s Technological Evolution

This article was first published on November 22, 2022 on xrex.io in Mandarin As we have discussed in a previous article titled “Proof of Solvency Rather Than Proof of Reserves Will Demonstrate User Assets Have Not Been Misappropriated,” a valid proof of custodial asset solvency is necessary for an exchange to… Read More

Anti-fraud and anti-money laundering

19/11/2022

XREX holds the fort against bad actors amidst spike in user application

Due to recent events and aftermath caused by the insolvency of FTX, there has been a widespread movement where crypto users convert coins, tokens, and stablecoins into USD as they look to tide over this period of extreme volatility. Amidst this wave, not only are users looking to avoid risks,… Read More

Industry & Market Trends

10/11/2022

Systemic risk following Binance and FTX saga: More major crypto exchanges needed

In the aftermath of a liquidity crisis, FTX agreed to a non-binding letter of intent (LOI) allowing Binance to acquire FTX. The deal was ultimately abandoned by Binance, citing the results of its due diligence. As one of the giants of centralized exchanges (CEX), the news of FTX’s downfall has caused widespread… Read More

Announcements

19/10/2022

XREX Participates in Unitas Sandbox, a New DeFi USD Exchange-Rate-Derived Stablecoin Protocol

We are pleased to announce that XREX is participating in Unitas sandbox and has listed USD1, USD91, and USD971 today. Unitas is the first over-collateralized, USD exchange-rate-derived stablecoin protocol for multiple emerging markets. USD1, USD91, and USD971 are the first three tokens issued for the protocol’s sandbox phase. Unitas stablecoins reflect the… Read More

Announcements

18/08/2022

XREX Lists Six New Cryptocurrencies: MATIC, BNB, AVAX, SAND, GMT, and AAVE

We are pleased to announce that XREX has listed six new coins and tokens, including MATIC, BNB, AVAX, SAND, GMT, and AAVE. As we mentioned in our previous blog, XREX is keen to help users diversify their digital assets and participate in promising projects, meanwhile, ensuring users are not exposed… Read More

Industry & Market Trends

19/07/2022

Crypto regulation takes shape with bipartisan Lummis-Gillibrand bill

The long-awaited and highly-anticipated crypto bill Responsible Financial Innovation Act championed by Senator Cynthia Lummis (R-WY) was introduced as a bipartisan proposal co-sponsored by Senator Kirsten Gillibrand (D-NY). The ambitious and comprehensive bill contains several key pillars including regulatory oversight, clarification of definitions and taxation, and banking and payment stablecoins. Read More