SpotEx Launches Centralized Cryptocurrency Exchange With Proof-of-Reserves
SpotEx has launched its centralized cryptocurrency exchange in Singapore, offering users a platform to buy and sell digital assets through live order books. The exchange combines conventional trading functionality with community-oriented features for the discovery, support, and listing of cryptocurrency projects.
The platform currently offers spot markets for 17 digital assets, including Bitcoin, Ethereum, Peercoin, and other cryptocurrencies, with 25 trading pairs to cover them. Users can deposit cryptocurrency, trade assets against available markets, and withdraw funds to their own wallets.
SpotEx also features its native internal coin, SPOT, which is available as a tradable asset on the exchange. The platform provides advanced users with an API to trade through their own software, separating trading API access from withdrawal capabilities for added security.