Blockchain-based platform Company Upside officially opened the exchange UPXIDE which keeps the base.
Upside, a subsidiary of Metaps Plus, a mobile fintech and blockchain company, announced that it had officially opened UpXide on October 30, 2018.
There have been many cryptocurrency exchanges however there are a lot of security vulnerabilities within those exchanges. In recent years, it has been the case that the basic things that must be observed on the exchange, such as blocking unfair trading such as cage pumping, have not been met.
On the other hand, UpXide is preparing ISO27001 certification, AML(anti-money laundering) system, maintenance of user assets in cold wallet, internal network separation, internal control DRM solution, and introducing dynamic security for hacking source blocking(Server / App security solution) as well.
UpXide has added an enhanced chart that emphasizes the security of the user with an enhanced authentication step and added various chart options. It enables not only a real-time view of the investor's asset status at a glance, but also quick deposit and withdrawal service, And focusing on providing a convenient trading environment.
Upside CEO Seongcheol Baek said "The newly opened UpXide Exchange will eliminate doubts about the security and will provide the Exchange service by strengthening security system operation, customer information protection and security level. As well as convenient tradings, communication with customers will be the first priority, and will be a trustworthy exchange."
On the other hand, the UpXide Exchange is the first in Korea to operate the PlusCoin market, and various benefits and events are scheduled for customers, including free tradings fees. Advanced trading functions are also added to facilitate profit taking and will operate as a reliable exchange.