Press Release
CEX VS DEX —- What Is Your Better Choice?
As one of the core industries in the blockchain business, trading platforms have always been the most deadly battlefield. There are currently tens of thousands of cryptoexchanges in operation worldwide.
In the world of cryptoexchanges, there are centralized exchanges (CEX) and decentralized exchanges (DEX). The development history of centralized exchanges has been written since 2012, and because CEX usually has a comprehensive list of tokens, fast transactions, and good quoted depths, most crypto players have at least one CEX account.
The most crucial advantage of decentralized exchanges is security, because all user assets are on the chain and users have control over their tokens. The exploding phenomenon of blockchain last year —- DeFi, pushed DEXs one step forward. But in contrast of CEX, DEX is still very lacking in transaction efficiency and user experience.
Compared to the easy operation of CEXs, trading on DEX requires more blockchain knowledge and education costs. Therefore, even the largest centralized exchanges in the world, such as Coinbase, Huobi, Binance, and OKEX, have all experienced security incidents such as theft, freezing, and loss of assets, most users still prefer to trade on centralized cryptoexchanges.
As we all know, in addition to security, users of centralized exchanges care most about the handling fees and the capital behind the exchange. To put it bluntly, no exchange can guarantee 100% security forever, but as long as the follow-up problems are handled properly and the compensation method can satisfy users, it will not have much impact on the exchange. For example, in 2018 and 2019, a total amount of 14,000 bitcoins were stolen from Binance, which had a value of more than 500 million yuan. However, Binance had a huge capital fund behind it and fully compensated the users for all of their lost, thus Binance’s leading position in cryptoexchanges has not been shaken at all.
In summary, the exchange that users will choose must have a lot of capital, ensured security, and convenient transactions. On top of these, if the handling fee can be comparatively low, it must be the perfect choice of all crypto players.
Such a perfect exchange quietly entered the Chinese market in May this year.
ZHENBI (WWW.ZHENBI.PRO) is a world-renowned blockchain asset trading platform, which belongs to the Canadian capital institution ZHENBI Group. ZHENBI Group is headquartered in Canada, and currently has branches in Hong Kong, Japan, Thailand, Dubai, South Korea, Malaysia, Malta and other countries (regions), and its business scope covers the entire globe. Although the amount of funds of ZHENBI Group has not been disclosed, it invested 100 million US dollars in a new public chain not long ago.
Last week, ZHENBI officially announced its entry into the Chinese market and will continue to provide blockchain asset trading services to global users, covering core areas such as blockchain technology research and development, project incubation, and spot and derivatives trading of crypto assets.
At present, the ZHENBI platform has established in-depth cooperation with many investment institutions including AFST, WFA, MFGI, and MHC. Through a leading trading engine, low fee rates and one-to-one 24-hour professional services, the daily trading volume of ZHENBI has stabilized at more than 10 billion, ranking among the top in the world.
ZHENBI had brought together top-class technical and operational experts worldwide. After years of research, ZHENBI has developed a multi-layer and multi-cluster system architecture. Through GSLB, distributed server clusters, distributed storage, and a high-speed RAM engine with multiple back-up storage, the matching processing speed has reached 1.4 million transactions/sec. Moreover, on top of phone verification, real-name authentication and Google two-factor authentication that CEXs usually use as security methods, ZHENBI provides users with offline wallets, using server SLB balance and simultaneous backup to further ensure the safety of users and funds.
In addition to the classic services such as fiat currency, leverage and contract trading that most of the cryptoexchanges have, ZHENBI also provides various services such as “Token Fortune” and “Easy Purchase” to create an all-round three-dimensional ecology of CEXs in the new era.
Token Fortune is an innovative wealth management section of the ZHENBI platform. It provides users with diversified wealth value-added services and a diversified ecosystem for project parties. Users can set different wealth allocation options according to their own risk preferences. The Easy Purchase section provides a purchase platform for the ecological products of the project party, so that more users can participate in their ecology.
The ZHENBI platform is currently recruiting merchants, partners and shareholders to expand the Asian market, provide global investors and entrepreneurial teams with safe, reliable, professional and high-quality services, and to jointly promote the development of the blockchain industry.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections
DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.
Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”
The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.
In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.
The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation
DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.
Global Compliance Credentials of UVKXE
UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:
U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.
U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.
Background on the Malaysian Public List
The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.
Commitment to Legal Compliance and User-Centric Values
UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms
DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.
Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”
The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.
Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”
In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.
Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”
Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co
Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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