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 to unknown risks to keep both the interests of our users as well as the overall crypto community in mind.
After a thorough and delicate assessment conducted by the XREX team, we selected these six cryptocurrencies and the new trading pairs added are as below:
Our risk team, led by Michael Shing, Director of Risk Management at XREX Inc., developed a comprehensive mechanism to analyze coins and tokens before listing them. Experts and specialists from different departments were involved in the assessment process, including security, customer support, compliance, etc.
Apart from anti-money laundering and Know Your Customer (KYC) mechanisms, many different risk categories need to be considered before listing cryptocurrencies, launching features, partnering with vendors, and so on. Only after a detailed study and investigation, would the XREX team form a joint decision together.
It is not possible to say the risk is zero. However, the XREX team is proud of its capability and persistence in cybersecurity and risk management. Hereby, we listed MATIC, BNB, AVAX, SAND, GMT, and AAVE in the latest release.
We understand that the recent bearish market and the series of crises triggered by crypto lending platforms evoked a strong sense of anxiety, particularly in those who just started their crypto journey. However, even though market performance has not been well recently, there are still many startups and teams that continue to build on their projects and make contributions to the crypto revolution. Many people want to support these promising and contributive projects by holding their coins or tokens. Those coins and tokens listed on the XREX exchange can be a good reference as we do proper due diligence before adding them to the list.
We look forward to providing you with more options and helping you diversify your digital assets with proper risk management.
The XREX team
- What is AAVE?
- What is AVAX?
- What is Binance Coin (BNB)?
- What is GMT?
- What is Polygon (MATIC)?
- What is SAND?
Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. XREX does not provide any financial advice and users are responsible for all transactions conducted on the XREX platform.