BitXmi.com Exchange Review

Bitxmi is a next generation centralized trading platform which was founded in 2018. Exchange architecture is build with high-effective solution made by ChainUp company. Bitxmi believes the industry is better focused towards centralised exchanges, and indeed in this case if we look at volumes, but that eventually decentralized exchanges are the natural better fit for trading DLT tokens and crypto.

Bitxmi is not just an exchange, it is an ecosystem that cares about interacting with users.

Bitxmi enables the client to purchase their digital forms of money legitimately with “fiat cash”, utilizing credit and payment cards. Bitxmi is one of the most secure global digital asset exchanges for users to trade on. There are cold wallet storage, multiple servers, and key management - security is one of the priorities for us and our customers.

Cybersecurity and data security of Bitxmi`s users is provided by the most modern software from ChainUp, whose reliability is trusted by more than 200 cryptocurrency exchanges. This year, the BitXmi cryptocurrency exchange applied for full licence in accordance with the 2019 MAS (Monetary Authority of Singapore) Act.

ChainUp, as a BitXmi partner, ensures security and helps prevent fraud through the following tools:

• KYC;
• Sanctions check;
• AML;
• Tracking chargebacks;
• Risk management;
• Keeping of regular records even for the smallest of prescribed periods;
• Educating employees about potential risks related to frauds and money laundering;

BitXmi exchange also following the International Sanctions Policy (ISP), and according to it – exchange does not conduct any transactions with individuals, companies and countries that are placed on the sanction lists.

Legal team working on receiving a license from the government of Singapore – one of the leading countries in supporting the cryptocurrency market.

It is in the long term interest of Bitxmi to not only offer exchange services, but a wider educative aspect to trading and investing in crypto.