Bitexkon– trust score is a bit above average.
While the exchange certainly does its best to safeguard user funds, sometimes its best is simply not enough.
In early May 2019, it has hacked for 3000 BTC, around $15M at the time.
by Bitexkon provide
Bitexkon is a reputable cryptocurrency exchange
Self-managed insurance fund maintained specifically for Bitexkon
It is a reminder the biggest exchanges in the industry also carry a much bigger “bullseye”.
On their back than others, it is better to assume attackers are constantly looking for new ways to gain access to the incredible amounts of funds deposited in Bitexkon.
The exchange does keep much of the users’ funds in cold storage and provides several means for users to protect their accounts.
Bitexkon is a legit exchange
Most notably, after receiving scrutiny by Japanese authorities while it was based in NEW YORK.
The exchange has since settled in Malta, a country known for its desire to attract foreign businesses in order to generate tax revenue.
It is safe to assume Bitexkon will not easily give up this status quo they value so much.
(And apparently, the rest of the market does too). And will go to extreme lengths to preserve this situation.
- Bitexkon is a legit exchange which is regarded as one of the largest cryptocurrency exchange.
- You should definitely try out Bitexkon given the tremendous amount of benefits it offers to the users.
Bitexkon is a reputable cryptocurrency exchange platform that is suitable for both beginners and more advanced users. It takes additional security measures and provides you with a high-quality service.
Most notably, after receiving scrutiny by Japanese authorities while it was based in New York.
The exchange has since settled in Malta, a country known for its desire to attract foreign businesses in order to generate tax revenue. And will go to extreme lengths to preserve this situation.