Posted on July 14, 2023
At a time when cryptocurrency trading is booming, FameEX, a global digital asset exchange, stands as a safe haven. With an impressive three-year track record devoid of security incidents, the cryptocurrency exchange has adopted an innovative "internal and external" strategy to ensure the safety of users' capital, earning it the reputation of a gold standard. -industry gold for safe trade.
Internally, FameEX separates user assets from operational funds, thereby protecting user capital from potential misuse and promoting uninterrupted operations. Externally, it maintains a high level of transparency, promising static storage of user funds in a fixed wallet, as well as regular updates on its wallet assets and insurance fund on the official fund reserve page. . The platform features a four-level technology protection mechanism and a sub-national hierarchical management system. This multi-pronged security strategy is further enhanced by a full-node wallet method for storing funds. It has an irreversible private key generation via a one-way hash function and a system to divide and manage the keys guaranteeing optimal privacy and security of the wallet.
Become the benchmark for secure cryptocurrency trading
As cryptocurrency trading grows, platforms like FameEX which emphasize "zero accidents and high security" are expected to become the go-to choice for seasoned traders and newbies alike. The strength of the platform lies in its comprehensive protection measures. A three-tier security attack and defense system protects against network attacks, having disabled more than 300,000 since its inception. Other layers of security include a four-tier encryption system and careful planning of permissions between multinational teams. FameEX also uses a fixed wallet system for authorizing user funds, with an early warning system for fund changes. An advanced bank-level settlement system and state-of-the-art KYC authentication systems underscore the platform's commitment to operational excellence.
While discussing measures to safeguard user assets on FameEX, Carl Wang, CTO of FameEX, asserted that the core philosophy of each platform should revolve around long-term growth, ensured by maintaining a clear separation between user assets and operational assets. This involves a firm commitment to not using user assets and instead relying on its own resources for smooth operation. Simultaneously, there is an absolute necessity to secure user funds. Whether in the storage chain, On-chain or Off-chain is completely safe from any form of technological threats. That's why FameEX is committed to providing a reliable and stable experience to its vast global audience.
Expand and upgrade its derivatives service
The FameEX platform features diverse and comprehensive products, including fiat-crypto and crypto-to-crypto trading, grid trading, futures, options, margin and spot trading, as well as a highly sought-after sponsorship and affiliation. As a leading platform in the cryptocurrency derivatives space, FameEX expands its horizons beyond the derivatives market. The company is in a phase of rapid product advancement, with plans to list promising new parts in its innovation areas. This move aims to provide its users with access to the most popular and growing sectors of the cryptocurrency market. Yet it's the company's unwavering focus on innovation and expansion that really sets it apart. This strategic approach aligns with their commitment to lead the charge in integrating the future Web3 into the crypto ecosystem. FameEX's secure, fast and user-friendly trading services cater to over 600,000 users in various regions, further cementing its position as the preferred derivative trading platform.
FameEX Launches 15-Day Futures Trading Contest
FameEX invites all crypto traders to participate in a 15-Day USDT Margin Perpetual Futures Trading Contest. From May 26 to June 9, 2023, the contest has a large prize pool of 20,000 USDT. The event features three distinct activities, each with varying rewards, making it an attractive proposition for new and experienced traders alike. The competition, open to users worldwide, aims to lower barriers to entry and offer lucrative rewards for active participation. More information on “Super Futures Trading Benefits: Trade to Share 20,000 USDT” can be found on the FameEX announcement page.
In regards to FameEX
Launched in 2020. FameEX is a global cryptocurrency exchange that currently provides fiat-crypto, crypto-to-crypto, grid trading, futures, options, margin, spot, and an extremely popular referral and affiliate program. With over 600,000 registered users across 50 countries and regions, FameEX provides a secure, stable and efficient 24/7 trading platform. Additionally, FameEX continues to push the boundaries of the crypto exchange industry, exploring frontier growth opportunities and building core competencies, expanding adjacent product offerings, and developing innovative business models that are paving the way for the introduction of Web3 solutions into the crypto ecosystem, including hiring more Web3 developers. and researchers to enrich the Web3 product that will support these visionary marketers.
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Trade on the go with the FameEX app (iOS/Android)
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results or strategies (including product offerings, regulatory plans and business plans) and are subject to change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. significantly from those projected. in forward-looking statements.
Company Name: FAMEEX
Contact person: Mia Shi
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