Currency.com is the world’s first regulated tokenized securities exchange, where coin holders can trade a broad spectrum of global financial assets. This Currency.com review displays an up-to-date, detailed analysis of the Currency.com exchange. All the critical points are discussed to help traders make their choice effortlessly.
Let’s ride on!
Currency.com is a regulated tokenized asset exchange, founded in 2018. Currency.com accepts clients from over 183 countries, but users from the US are not allowed to register.
Currency.com is consistently proving to be a trustworthy online exchange, particularly when it comes to cryptocurrencies. This cryptocurrency exchange is ideal for investors looking for a diverse investment platform that includes cryptocurrencies, stocks, bonds, indexes, currencies, and more.
currency.com review: What is currency.com?
Currency.com is the first-ever tokenized securities exchange, launched in 2018 and regulated by three organizations in Minsk, Belarus. Currency Com Bell LLC owns the company (bearing registration number 193130368). The crypto exchange also has offices in Gibraltar and London.
It allows its traders to buy and sell over 2,000 tokenized securities, which correspond to the underlying market price of traditional asset classes. They include companies such as Amazon, Apple, Volkswagen, and Coca-Cola; indices such as the Dow Jones 30, the S&P 500, or the Nasdaq 100; commodities such as gold, silver, and Brent Crude; as well as ETFs and major tokenized currencies.
Currency.com Pros and Cons
- A wide array of assets: Currency.com is one of the best broker sites for its very particular kind of investments. It is a hub for assets containing over 3000 assets that can be used to trade across a wide range of investments.
- Advanced trading platform: The exchange has real-time price charts and dozens more tools to help make investment decisions. Its trading dashboard layout will be familiar to intermediate traders.
- Currency.com news: It also has an industry news section filled with content surrounding the blockchain and cryptocurrency space which includes: crypto news, market news, analysis, and more.
- Demo account: if you’re new to trading you’ll need to practice before using real funds. Currency.com has a demo account function that lets newbies experiment with fake funds.
- Deposits and Withdrawals: Currency.com supports a pool of deposits and withdrawal methods. Users are able to deposit and withdraw in cryptocurrency, bank transfers, and bank cards.
- Referral Program: ‘Invite your friends. Get crypto’ – the users of Currency.com may share the referral links with friends and after completing all the necessary steps by them they all get a two-way crypto bonus of up to 100.USD. CX in value
- Not available in the U.S.: Currency.com is inaccessible to U.S. investors, but is available in 183 other countries.
- No lending or borrowing against stored funds: More and more crypto exchanges offer lending services. This is especially true with the explosive growth of decentralized finance (DeFi). As of this writing, the exchange does not offer lending or borrowing.
- A limited number of cryptocurrencies: currency.com supports over 70 cryptocurrencies. These cryptos are amongst the largest by market cap and the most trending ones, limiting access to a lot of smaller cryptos available in the marketplace.
Currency.com broker review
Currency.com review: Top Currency.com Features
This Currency.com review offers the following core features to its users:
Currency.com is not only equipped with cutting-edge technology; it has also been designed to meet the demands of the markets in which it will operate.
From blockchain and smart contracts to the management of the trading servers themselves, advanced technology is at the heart of almost every aspect of the platform.
It offers a trading interface to its users and also allows for easy deposits and withdrawals. It is the world’s first tokenized asset platform, offering a web-based trading platform to its users settled in any part of the world.
Users can trade crypto and fiat currency tokens, as well as tokenized commodities, indices, shares, thematic investments, ETFs, bonds, and company tokens. Traders can place trade orders via the “Trade” page or via the “Charts” page.
Currency.com uses artificial intelligence from its partner company, Capital.com, to assist users in avoiding trading biases.
Behavioral analysis technology detects biases such as the premature closure of profitable trades. It provides users with personalized educational content based on trading pattern analysis to prevent them from making the same mistakes.
Portfolio: Via the “Portfolio” page, users may view existing trades and orders. Information provided includes leverage, entry price, last price, cost, and P&L.
Reports: A dedicated “Reports” page allows users to view transactions and platform activity.
Transactions: Information includes: date, time, type, status, market, result, and balance. There is also a filter option, where users may filter by type, status, and time period.
Activity: Information includes date, time, type, status, quantity, price, market, funds, and result. Users may use the filter options and also export the report to email.
Wallets – Balances: Users may view their respective wallet balances on the Wallets page.
Total Balance: Finally, users may view available balance, equity, funds, P&L, and reserve funds at the top of the Currency.com page.
Extensive List of Assets
It offers an extensive collection of assets, including tokenized cryptocurrencies, shares, indices, government bonds, currency pairs, and commodities. The wide range of assets allows users to expand their investment portfolio and earn lucrative returns from that place.
Low Minimum Deposit
The low minimum deposit is another attractive feature of the crypto exchange that attracts investors worldwide. The minimum deposit of $5 is much lower than the industry average.
Moreover, the minimum withdrawal limit allowed on Currency.com is relatively decent, as it will enable customers to withdraw funds as low as $100.
Robust Trading Tools
It offers some advanced trading tools that prove to be highly beneficial for traders. The exchange’s website displays the latest price charts, price movement comparison tools, and technical analysis indicators to help traders take advantage of asset price movements at any time.
It received special recognition worldwide, and most of the Currency.com reviews talk about the platform’s reliability. It received the ‘Best Cryptocurrency Exchange CIS’ award from the Blockchain Life Awards forum in 2019. In 2020, the exchange was awarded by ADVFN for its ‘Breakthrough in Cryptocurrency Trading’ facilities offered to its users.
Ability to Earn
With the Currency.com referral program, users can get up to $100 in cx value by sharing the referral links with friends, and after completion of all the necessary steps by friends, both the users and their friends all get a two-way crypto bonus, For more details, see “Invite your friends.”
Users are able to raise a support ticket via the support page by submitting a request. Alternatively, users can contact customer support via the “Support” link.
Currency.com’s cutting-edge cloud technology is elastically scalable, allowing the exchange to handle increases in user and trade volume with minimal upfront investment.
Its user-friendly platform provides quick access to a wide range of markets, as well as advanced charts, market depth, reporting, and payment systems.
Unlike many of our competitors’ fixed blockchain applications, the Currency.com engine is designed to handle increasing volumes of trade while minimizing risk and maintaining speed.
Currency.com review: Currency.com App
Currency.com has a mobile app built for both beginners and professionals alike. It is a simple-to-use application with an intelligent and intuitive user interface, making it a highly effective tool that combines all of the characteristics of modern centralized cryptocurrency exchanges in one platform, plus more.
The Currency.com exchange app has over 1,000,000 downloads on the Google Play Store. It is also built with support for Android and iOS users.
Signing up on Currency.com gives you access to a few cryptocurrencies, which you can use to buy, sell, and trade. Its powerful APIs give you the ability to trade cryptocurrencies, indices, commodities, shares, and more.
Currency.comThe Currency.com API supports a wide range of functions, allowing you to trade automatically and enjoy a cutting-edge crypto trading experience. You can create accounts, access real-time market data, place trades, and build applications with the highest security standards.
The Swagger API documentation will assist you in interacting with the REST and WebSocket APIs to manage your accounts, set up your development environment to build apps with Currency.com, and protect your Currency.com accounts, applications, and users from fraud. Even if you are not a developer, you can use the Currency.com API to learn about the different types of trades available as well as the various markets and functions.
Currency.com review: How to Get Started with Currency.com API
Connect a live account to the Currency.com REST or WebSocket API to implement automated trading.
To begin using their API, simply follow these steps:
- Create an account
- Discover more about trading on our platform.
- Create your API key.
- Begin coding
Currency.com review: How does Currency.com work
Currency.com accepts deposits from credit cards, bank transfers, Union Pay, Yandex, and digital wallets. It has a minimum deposit of just $5, one of the lowest around. All customer funds are kept in separate accounts. The deposits cannot be accessed by the exchange, and they are not insured.
The platform offers investment picks that include cryptocurrencies, government bonds, indexes, shares, currency pairs, and commodities.
Currency.com review: How to Trade on Currency.com
To make deposits using fiat currency from a bank or credit card, users must go through the “know your customer” (KYC) process. For cryptocurrency transfers from another exchange or digital wallet, the KYC process must also be completed.
Traditional currencies supported include the US dollar (USD), the European Union euro (EUR), the British pound (GBP), the Russian ruble (RUB), and the Belarusian ruble (BYN). Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are all accepted as cryptocurrency deposits. The minimal cryptocurrency deposits are 0.001 BTC, 0.03 ETH, and 0.1 LTC. Note that if you deposit less than the minimum, the funds will not appear on your balance; funds appear only when you deposit more than the minimum.
Currency.com also has an unusual feature. Each cryptocurrency deposit and withdrawal requires multiple confirmations to be verified. Bitcoin requires two confirmations, while Ethereum requires twelve. If the deposit is larger, the number of confirmations required may increase. This is an unusual verification process that may result in delays when entering or exiting a specific price point.
Currency.com’s dashboard is typical of crypto exchanges for spot and contract trading. The vertical trading menu on the left side of the screen is where you select your asset and type of trade. Two views are stacked on top of each other in the center of the screen. The top section contains the “order book,” also known as the pending trade feed. A graph showing price movement and trading volume is directly beneath that. The “Buy” and “Sell” buttons on the Currency.com trading screen are located on the far right of the screen. The dashboard supports a variety of limit orders to assist traders in minimizing losses and maximizing profits.
Currency.com review: What are tokenized securities?
Tokenized securities are securities represented by tokens that represent the underlying asset prices, such as stocks, commodities, or bonds. In terms of the economic outcome for investors – profits or losses – they are similar to equities, bonds, commodities, derivatives, futures, and other financial instruments.
Currency.com, the world’s first tokenized securities platform, will issue over 10,000 different tokens tied to traditional asset classes’ underlying market prices.
Companies like Amazon, Apple, Volkswagen, and Coca-Cola will be among them, as well as indices like the Dow Jones 30, S & amp; P 500, and Nasdaq 100, as well as commodities like gold, silver, and Brent Crude.
How does tokenized securities trading work?
Trading tokenized securities on Currency.com is similar to trading any other cryptocurrency or traditional asset on a digital exchange. Clients have the option of buying or selling.
They have the same profit and loss opportunities – as well as the same risks – as any other type of trading. Tokenized securities can be acquired by anyone using fiat currency.
Currency.com review: How to Open an Account on Currency.com
Registration Process of Currency.com
Registration is required on Currency.com to get access to its wild base of assets to trade. Outlined below are the few steps to get you signed up and started in no time.
Currency.com Account Registration
Visit Currency.com. In the “Create Account” section, input your email address and create a password, then click on “Continue.”
Currency.com Email Verification
Now go to your email address and click on “Confirm email.”
Then, after your email has been confirmed, click on “Continue.”
Currency.com ID Verification
After successful email verification, users are also required to verify their IDs.
Select your country of residence and click on “Continue.”
Fill in your details and check the box below, then click on “Continue.”
Currency.com Address Verification
Users are also required to verify their addresses by uploading any utility bills to the crypto exchange.
After successfully verifying all these details, Currency.com allows its users to trade on its platform without hassle.
Currency.com Cooperate account
With a Currency.com Cooperate account, you’re entitled to a whole lot of opportunities to scale your business as an entrepreneur. Some of the benefits attached to owning a Currency.com cooperative account are outlined in the image below.
Currency.com Cooperate Account Features
- Trade anywhere anytime: Their iOS and Android apps provide access to all of our services and features. You can monitor your investments while on the go.
- Rapid confirmation: Corporate clients and professional traders can have their accounts verified in as little as one day while still meeting AML, CTF, and KYC requirements.
- Priority registration: Each corporate client is assisted by one of our specialists throughout the registration process.
- Outstanding customer service: Corporate clients and professional traders are the first to receive assistance from Currency.com. Your requests will always be prioritized by our specialists.
Currency.com Review: Buy and Sell Cryptocurrencies from Currency.com
Currency.com is a unique crypto trading platform that allows users to trade cryptocurrencies and other tokenized securities like indices, commodities, bonds, stocks, and other traditional financial assets. Here is how to use the platform to buy these assets.
To Buy Assets
To buy assets on Currency.com, traders first need to visit the Trading page on the exchange’s website, which displays many options like Trade, Charts, Reports, Portfolio, and Referrals. Users need to click on the “Trade” icon for buying or selling assets, choose any market, like the S&P 500, Nasdaq 100, DAX, etc., from the market menu and click on the “Buy” option.
Soon after this, a window will pop up according to the financial market chosen by the users, and it will display all the details related to it, like the trading commission, the availability of the wallet, etc. Choose the best cryptocurrency wallet for storing your cryptocurrencies.
The tab that opens by default is the market order, which allows users to buy their preferred assets at the current market prices; if traders wish to place a limit order, they will have to select the option, “Buy when the price is…” and select their preferred entry price. Finally, depending on the market the users choose, they can now click on the green ‘Place Order”’ tab below the order page.
To Sell Assets
Once an asset is bought on the Currency.com platform, the exchange’s dashboard will reflect it and allow users to sell it. Users need to click on the ‘Sell button,’ and the following screen will appear to sell any asset.
Once again, users need to set a limit to sell the assets at a specific price. Once all the inputs are correctly entered, users can click on the red “Sell” or “Place Order” button to sell assets.
Currency.com review: Currency.com Trading Volume and View
Different exchanges have different trading views. You should determine which trading view suits you the best. What the views normally have in common is that they all show the order book, or at least part of the order book, a price chart of the chosen crypto, and order history. They normally also have buy-and-sell boxes. Before you choose an exchange, try to have a look at the trading view so that you can see if it feels right to you. Currency.com trading volume according to Coinmarketcap, the exchange had a 24-hour trading volume of $437,278,296.66 million as of 11th Nov 2022.
Currency.com review: Currency.com Fees
Currency.com Trading Fees
With the Currency.com exchange, you don’t just trade cryptocurrencies; it gives you the power to also trade, indices, commodities, shares, and more, all on one platform. Its fees are also some of the lowest. Currency.com charges relatively flat fees of 0.20% for both the makers and the takers. It is also below the global industry average, which has been 0.25% for a very long time.
As Currency.com supports leveraged trading or margin trading of cryptocurrencies, a separate fee structure for margin trading is different for the takers and the makers; the taker fees are charged at 0.075%, whereas the makers get paid to trade at 0.025%. Below is a table that shows Currency.com’s fee structure.
Moreover, first-time deposits via bank cards are free, while for subsequent bank card deposits, users will be charged a deposit commission at the rate of 3.5% if Visa or Mastercard are used; bank transfers are free.
There is also a minimum deposit requirement of $10 if users intend to use Visa or MasterCard, and $50 if they use a bank transfer. However, there are no limitations for deposits, but when the deposit amount reaches $20,000 or equivalent, users are mandatorily required to show a source of funds. Cryptocurrency deposits are free of charge.
|Fee Type||Fee Details|
|Trading fee(leverage)||Cryptos fee: 0.075%
Tokenised assets (Shares, ETFs, Indices, Commodities): 0.05%
Tokenised currencies: 0.002%
|Exchange fee||Cryptos: 1.95%|
|Funding fees||Fees will apply to continuous leveraged trades held according to the market rate *|
Currency.com review: Currency.com Deposit and Withdrawal Fees
Currency.com charges 0.0001 BTC per BTC withdrawal, which is roughly 80% below the global industry average. All in all, the fees at Currency.com are competitive. Currency.com has a number of fee structures, which are detailed in the tables below. For all cryptos, the exchange charges withdrawal fees. Account deposits are free of charge. Some of the Crypto deposit and withdrawal fees are displayed in the table below.
|Crypto||Min deposit amount||Deposit commission||Minimum withdrawal||Withdrawal commission|
|BTC||0.0001 BTC||Free||0.0002 BTC||0.0001 BTC|
|BNB||0.01 BNB||Free||0.02 BNB||0.01 BNB|
|LTC||0.005 LTC||Free||0.01 LTC||0.005 LTC|
|ETH||0.004 ETH||Free||0.008 ETH||0.004 ETH|
|CAKE||0.5 CAKE||Free||1 CAKE||0.5 CAKE|
|BCH||0.005 BCH||Free||0.01 BCH||0.005 BCH|
|BAT||20 BAT||Free||40 BAT||20 BAT|
|ANT||3.6 ANT||Free||7.2 ANT||3.6 ANT|
|AAVE||0.08 AAVE||Free||0.16 AAVE||0.08 AAVE|
|1INCH||10 1INCH||Free||20 1INCH||10 1INCH|
|COMP||0.1 COMP||Free||0.2 COMP||0.1 COMP|
|CHZ||24 CHZ||Free||48 CHZ||24 CHZ|
|CRV||6.1 CRV||Free||12 CRV||6.1 CRV|
|DAI||6 DAI||Free||12 DAI||6 DAI|
|DOGE||5 DOGE||Free||10 DOGE||5 DOGE|
|LINK||0.8 LINK||Free||1.6 LINK||0.8 LINK|
|LTC||0.005 LTC||Free||0.01 LTC||0.005 LTC|
|MATIC||7.8 MATIC||Free||16 MATIC||7.8 MATIC|
|SAND||7 SAND||Free||14 SAND||7 SAND|
|SHIB||550 000 SHIB||Free||1 100 000 SHIB||550 000 SHIB|
The table below displays Currency.com fiat deposit and withdrawal fees.
|Min deposit amount||Max deposit amount||Deposit commission||Minimum withdrawal||Withdrawal commission|
|20 USD||Unlimited||3.5%||10 USD||3% + 3 USD|
|20 USD||3.5%||10 USD||3% + 3 USD|
Currency.com Withdrawal and Deposit Method
ACH Bank Transfer: You can link your Currency.com account to your bank account on the platform.
Debit Card: Provides your debit card details to facilitate USD deposits. For ease of future use, you may link your card details, and we’ll securely store them to make transactions quicker.
Credit Card: Enter your credit card information to facilitate USD deposits. For ease of future use, you may link your card details, and we’ll securely store them to make transactions quicker.
Users may access their Currency.com wallets via the wallet’s icon. Additionally, users may access wallets via the “Deposit” icon or via the “Portfolio” tab located on the left-hand side of the interface.
Users have wallets for each of the individual cryptos supported by Currency.com. In addition to supported crypto wallets, Currency.com also provides users with supported fiat currency wallets.
These include EUR, GBP, and USD. Users may transfer supported cryptos from external wallets by way of wallet-to-wallet transfers. Additionally, users have the option to fund fiat wallets by credit/debit card or by bank transfer
Currency.com Supported Currencies and Countries
Currency.com cryptocurrency selection
Currency.com offers a respectable 87 cryptocurrency trading pairs for spot and contract trading, along with over 70 cryptocurrencies to buy, sell, and trade. T exchange accepts clients from over 183 countries all across the world. Some of the cryptocurrencies include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Dogecoin (DOGE)
- Polygon (MATIC)
- Litecoin (LTC)
- ChainLink (LINK)
- Snythetix (SNX)
- Uniswap (UNI)
- Tether (USDT)
Currency.com supports a diverse range of countries. The following countries are on the list of prohibited jurisdictions as of June 29, 2021. Currency.com claims that this list is subject to change on an individual basis based on your specific situation:
- Burkina Faso
- Cayman Islands
- Democratic Republic of Congo (DRC)
- South Sudan
- Democratic People’s Republic of Korea (DPRK)
Currency.com review: Is Currency.com Regulated?
Currency.com is regulated and authorized in Belarus, where the exchange originated; the High Technology Park of Belarus holds it under the Decree of the President of the Republic of Belarus No. 8. Currency.com is a valid legal entity offering cryptocurrency trading services in Belarus.
Being regulated endows a distinct level of credibility on the platform. The tokenized asset exchange also complies with all the AML (Anti-Money laundering) and KYC (know your customer) regulations. The verification process undertaken by the crypto exchange is also robust. It ensures that the platform collects all vital information about a user before starting trades on the platform.
Although not available in the US and some other regions, Currency.com plans to apply for regulation in an increasing number of jurisdictions in the future as part of its commitment to incorporate as much feasible and stable technology into its operation as possible.
Over the next three years, Currency.com will monitor legislative developments in Australia, Asia, the US, and Europe with the aspiration of being regulated in these regions. Currency.com believes a flexible approach to compliance will strengthen stability and contribute to the success of the platform.
Currency.com review: Currency.com Customer Service
Currency.com claims to offer readily available, robust customer support for its users. Its website is designed in 15 different languages to make it easier for non-English users to interact with the platform. Some of the languages include English, Ukraine, Spanish, Russia, Indonesia, Portuguese, Korean, Vietnamese, Malaysia, Chinese, and Thai, among others.
Currency.com’s technical support team can be reached 24/7 via email: firstname.lastname@example.org, through their website’s online help center, on Facebook, or through a Telegram account. The application has a 4.8 ⭐ rating in Apple Store and a 4.4 ⭐ rating in Play store with an impressive customer review base of users testifying to Currency.com’s top-notch services. The screenshot below are several reviews from users on Currency.com.
Currency.com User Reviews
Currency.com User Experience
Currency.com’s proprietary web-based platform provides its traders with a robust user experience that is user-friendly and interactive. The platform includes 75 different types of technical charts, useful trading information, news, and extensive trading support. We had no problems with the trading platform and found it to be very efficient.
Currency.com review Reddit
These Currency.com exchange reviews include both positive and negative feedback from users who have interacted with the currency exchange. Below are some of the top Currency.com Reddit reviews from its users:
“This company is a big scam. Do not use them. I deposited $300 to the platform and when I tried to withdraw it they blocked my withdrawal and started taking money out of my credit card. when you place a trade they will cheat you so they always win please if you know what is best for you stay away from them”
“Currency com provides a very reliable stock trading and crypto trading platform. I have many trader friends who use the Currency com trading app, especially for bitcoin trading and many other stock trading instruments. The reliability of this trading app can be ascertained from the numerous positive reviews that it has online. I have also seen many positive comments about this particular app on different trading forums and these show that the trading app is widely trusted by many stock traders and bitcoin traders. I have been trading using the Currency com trading app for years and I have never had a reason to regret it.”
“I’ve been trading in currency com for quite a long time.
With this broker I have the ability to trade Asian stocks with very low cost of trading. Brokers usually charge higher spreads as these are not so common assets in the EU. But here, spreads dont go over 1 pip for stocks which I am trading, and I don’t have any other additional trading cost for these stocks.”
I deposited .489 Eth into currency.com and cannot trade with it in exchange/leverage mode. It’s been over one week with countless conversations with live support and email support. They ask me for screen shots everytime I ask a question! They say it will be transferred to a different department and haven’t heard a peep! The 2fa doesn’t even work for withdrawals!”
Currency.com vs Capital.com
Currency.com and Capital.com collaborate with traders on the platform to provide the original liquidity prices. For even more balance, prices will be derived from major stock exchanges.
These will be transparent and available through the blockchain. Currency.com has integrated this to ensure that both buyers and sellers receive the best market prices. Currency.com’s platform and Capital.com’s platform share several key features.
Its main order-matching and execution engine can process up to 50 million transactions per second. This eliminates the possibility of a bottleneck in the placement and execution of customer orders.
Trades are executed in 200 milliseconds thanks to the secure server host, UK-based LD4 Equinix. The platform can handle tens of thousands of concurrent instrument trades and is designed for multi-dimensional scalability, whether it’s the number of trading counterparties at the same time, high-demanding traders generating thousands of orders per second, or the requirement to support multiple cryptocurrencies, tokens, and cross-token trading.
All of this is accomplished while maintaining high security and risk-management standards.
Currency.com review: Is Currency.com Legit?
The ability of an exchange to be secure cannot be overemphasized.
So the question of whether Currency.com is safe is highly appropriate and of the essence, as it goes a long way to ensuring the safety of your funds.
Security is a major concern for investors when selecting a trading platform, according to Currency.com. They also have strong security practices and procedures in place to combat bad actors, ensuring the security of your funds.
To monitor client data, identify the origins of tokens and funds, and monitor for suspicious behavior, the exchange appointed a compliance team with a combined 14 years of experience in trading, banking, and crypto. The following are some of Currency.com’s security measures and practices:
- Stores and processes user’s data: Your data are stored and processed in data centers certified for PCI-DSS Level 1, ISO 27001, ISO 27017, ISO 27018, and ISO 9001 and protected in accordance with the highest security requirements: AES-GCM with 256-bit secret keys, cryptographic modules comply with FIPS 140-2.
- Data is transmitted and stored only in encrypted form: In custody, operations use data encryption via PGP (Pretty Good Privacy) / GPG (GNU Privacy Guard).
- Features comprehensive Know Your Client (KYC) regulations: To ensure adherence to international standards around fraud prevention currency.com has also implemented the KYC measures as criteria to trade on its platform.
- Strict AML policy: Seeks to minimize risk to the platform by acting fast and decisively if a client is found to be operating outside of the scope of the platform, or in a suspicious manner. If breaches are shown to have occurred, clients will be barred from the site. The exchange will also freeze funds and block transactions within one business day.
- Blockchain technology: Currency.com leverages the full traceability of blockchain transactions to ensure no fraud takes place on the platform. The procedures and systems in place will monitor for anonymizer applications and programs that seek to hide the identity of the client.
Other security practices include whitelisting of devices, two-factor authentication (2FA), and more. Also, Currency.com servers are housed in an ultra-secure locked private cage serviced by LD4 Equinix, one of the world’s foremost professional data centers. They are protected by armed guards and video surveillance.
It is worth noting that the Belarusian decree places a strong emphasis on data protection, implementing structures that ensure data protection at the same level as the European Union’s General Data Protection Regulation (GDPR).
Currency.com review: Conclusion
Currency.com has a user-friendly platform that makes any trader tempted to trade on it. One of the best things about this exchange is the various assets it offers, as well as the robust security measures it takes.
Currency.com is great for seasoned, non-US traders who wish to have access to a wide variety of assets and do not mind tokenized assets and not borrowing. So, if you fit these criteria, Currency.com may well be one of the best options out there in the market for you.
With this Currency.com review, I’m sure you now know your way around the site and what to expect as a beginner or an investor. Please leave us a comment and let us know how you feel about Currency.com exchange.