CEX.IO, founded in 2013 by Oleksandr Lutskevych, began as a Bitcoin mining pool known as GHash.IO, which at its peak controlled nearly 42% of the total mining power. Recognizing the need for a secure and user-friendly platform, the company transitioned into a multi-functional cryptocurrency exchange. In 2014, CEX.IO became the first exchange to enable Bitcoin purchases via credit and debit cards, significantly enhancing accessibility for users worldwide. Over the years, CEX.IO has expanded its services to include trading, staking, savings, and loans, catering to a diverse global user base exceeding 6 million individuals. The platform supports over 50 cryptocurrencies and operates in more than 150 countries, emphasizing security and regulatory compliance. In the United States, CEX.IO has obtained over 30 Money Transmitter Licenses, allowing it to serve customers across most states. The company’s commitment to innovation and user-centric services has solidified its position as a leading entity in the cryptocurrency industry.
