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ICE3X

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About ICE3X

Trading and Liquidity

The exchange offers particularly strong liquidity in the BTC/ZAR pair, but also BTC/GBP and BTC/NGN trading, both of which have good volume. The exchange is active in South Africa, Nigeria, and the United Kingdom. In addition to bitcoin trading, ICE3X allows users to trade in Ripple and Litecoin.

Security and Storage

One of the unique things about ICE3X is that they run a 100% cold storage policy. That means all coins are stored offline, in special vaults, away from security threats.

Verification and Goals

Like most major exchanges, ICE3X also subjects customers to verification requirements, including Know Your Customer, so proof of ID/residence is required. The goal of ICE3X, according to the official website, is “To provide internet currency solutions for real world problems, using block chain technology to remove market barriers and creating new methods of transacting online.”

Popularity

The exchange, understandably, is particularly popular throughout South Africa and Nigeria.

Key data

data refreshed every 10 minutes
Trading pairs4
Founded2013-08-09T00:00:00.000000Z

ICE3X is a centralized cryptocurrency exchange (CEX) that was founded in 2013, making it one of the earlier players in the crypto trading space. The platform is designed to let users buy, sell and trade digital assets through a traditional exchange model, where the company acts as an intermediary holding users' funds. This page gives you a quick overview of what ICE3X is and what to keep in mind before using it.

Frequently asked questions

What is ICE3X?

ICE3X is a cryptocurrency exchange where users can trade digital assets. It operates as a centralized platform, meaning trades are processed and custody of funds is handled by the company itself rather than by users directly on a blockchain.

Is ICE3X a centralized or decentralized exchange?

ICE3X is a centralized exchange (CEX). This means users create accounts, deposit funds to the platform and rely on the operator to execute trades and safeguard assets, which comes with both convenience and custodial risk.

When was ICE3X founded?

ICE3X was founded in 2013, placing it among the older generation of crypto exchanges. Its long history means the platform has been through multiple market cycles, though age alone doesn't guarantee current reliability.

What should users pay attention to when using ICE3X?

As with any centralized exchange, check the platform's current regulatory status, fee structure and withdrawal policies before committing funds. It's also wise to verify recent trading activity and user reviews, since exchange conditions can change over time, and to avoid keeping large balances on any single platform.

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