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SpotEx Launches Centralized Crypto Exchange With Proof-of-Reserves

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SpotEx, a new centralized cryptocurrency exchange, has launched in Singapore. The platform combines live trading, coin voting, faucets, API access, and native SPOT coin with real-time cryptographic reserve disclosures.

The exchange currently offers spot markets for 17 digital assets, including Bitcoin, Ethereum, Peercoin, and others, with 25 trading pairs to cover them.

SpotEx's founder and CEO, Soosho, emphasized the importance of transparency and community participation in the exchange ecosystem. 'Instead of asking users to take our word, we are building an exchange to earn their trust,' he said.

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