CEX.IO, Wigwam Partnership Expands DeFi Access to the

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CHICAGO, Feb. 13, 2024 (GLOBE NEWSWIRE) — CEX.IO, a glob­al ecosys­tem of prod­ucts and ser­vices that con­nects curi­ous par­tic­i­pants to the cryp­tocur­ren­cy econ­o­my and decen­tral­ized finance, announces a part­ner­ship with Wig­wam, a self-cus­to­di­al, Web3 wal­let that enables path­ways to dApps and smart con­tract func­tion­al­i­ty. In turn, the part­ner­ship extends CEX.IO’s vet­ted list­ings and exten­sive pay­ment meth­ods to Wig­wam customers. 

By join­ing forces with Wig­wam, CEX.IO users gain a clear path­way to move dig­i­tal assets between wal­lets, and deploy val­ue across a menu of DeFi ver­ti­cals. As a self-cus­to­di­al wal­let, users who elect to trans­fer dig­i­tal assets to Wigwam’s brows­er exten­sion assume full cus­to­di­al respon­si­bil­i­ty for those assets, includ­ing pri­vate keys. For the first time, CEX.IO users are empow­ered to choose com­plete con­trol of their cryp­to jour­ney with­out los­ing access to lega­cy accommodations.

“This is an excit­ing time for the com­pa­ny, as we’re mak­ing progress in a lot of unchart­ed ter­ri­to­ry,” said Alexan­dr Kerya, Vice Pres­i­dent of Prod­uct Man­age­ment at CEX.IO. “Our award-win­ning prod­uct ecosys­tem gives Wig­wam a firmer oper­a­tional foun­da­tion, and estab­lish­es a longer run­way to pro­pel us into the next fron­tier of decen­tral­ized finance.”

With a Wig­wam exten­sion, CEX.IO users can choose to trans­act on NFT mar­ket­places, inter­act with Play-to-Earn games that offer in-dApp pur­chas­es, or access oth­er inte­grat­ed DeFi ser­vices. Its com­pat­i­bil­i­ty with the Ethereum Vir­tu­al Machine allows greater mobil­i­ty on more than 20 net­works, includ­ing BNB, Poly­gon, Arbi­trum, and oth­ers that uti­lize smart con­tracts via the Ethereum Net­work. With over six mil­lion users, CEX.IO’s glob­al com­mu­ni­ty joins Wig­wam enthu­si­asts to cel­e­brate a broad­er range of oppor­tu­ni­ties on their col­lec­tive horizon.

“While DeFi requires a more hands-on cryp­to expe­ri­ence, adven­tur­ous and aspir­ing par­tic­i­pants will have a trust­ed guide to help facil­i­tate any result­ing explo­ration,” Kerya added.

To learn more about Wig­wam, click here.

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ABOUT CEX.IO

CEX.IO was found­ed in 2013 with a mis­sion to sup­port glob­al finan­cial inclu­sion through the adop­tion of cryp­tocur­ren­cy and blockchain tech­nol­o­gy. As one of the most tenured mar­ket par­tic­i­pants, CEX.IO offers a com­pre­hen­sive ecosys­tem of intu­itive solu­tions built with safe­ty and secu­ri­ty at their core, enabling users to trade, store, trans­fer and earn dig­i­tal assets. With over six mil­lion reg­is­tered users glob­al­ly, CEX.IO helps retail, enter­prise, and insti­tu­tion­al cus­tomers seize oppor­tu­ni­ties in decen­tral­ized finance every day. Learn more at CEX.IO or con­nect with us on LinkedIn.

© 2024 | CEX.IO Ltd All rights reserved. Not to be repro­duced or retrans­mit­ted with­out permission.

CEX.IO is a trad­ing name of, and [dig­i­tal asset plat­form prod­ucts and ser­vices] are offered by: in the U.S., CEX.IO Corp., reg­is­tered with Fin­CEN in juris­dic­tions where it is licensed to oper­ate as a Mon­ey Ser­vice Busi­ness (MSB Activ­i­ties 409 499), reg­is­tered office 900 E Diehl Rd STE 110, Naperville, IL 60563; In Europe, CEX.IO EU VASP, UAB is reg­is­tered as the Vir­tu­al Asset Ser­vice Provider (VASP) and depos­i­to­ry vir­tu­al cur­ren­cy wal­lets oper­a­tor in the State Enter­prise Cen­tre of Reg­is­ters of the Repub­lic of Lithua­nia, reg­is­tra­tion num­ber 306186479; CEX OVRS LLC, reg­is­tered in St. Kitts & St. Nevis, No. L 22275, reg­is­tered office Suite 1, A.L. Eve­lyn LTD Build­ing, Charlestown, Nevis. CEX.IO Lim­it­ed and CEX OVRS LLC are sub­sidiaries of CEX.IO Hold­ing Ltd.

These mate­ri­als are for infor­ma­tion­al pur­pos­es only, and are not intend­ed to be used for trad­ing or invest­ment pur­pos­es or as an offer to sell or the solic­i­ta­tion of an offer to buy any secu­ri­ty or finan­cial prod­uct. These mate­ri­als do not pro­vide any form of advice (invest­ment, tax or legal). CEX.IO is not a reg­is­tered invest­ment advis­er and does not pro­vide invest­ment advice or rec­om­men­da­tions to buy or sell secu­ri­ties, to hire any invest­ment advis­er or to pur­sue any invest­ment or trad­ing strategy.

The val­ue of dig­i­tal and vir­tu­al cur­ren­cies is derived from sup­ply and demand in the glob­al mar­ket­place which can rise or fall inde­pen­dent­ly of any fiat or gov­ern­ment currency.

Hold­ing dig­i­tal and vir­tu­al cur­ren­cies car­ries exchange rate and oth­er types of risk.

Trans­ac­tions in vir­tu­al cur­ren­cy are irrev­o­ca­ble, and, accord­ing­ly, loss­es due to fraud­u­lent or acci­den­tal trans­ac­tions may result in the loss of your mon­ey with no recourse.

Any ques­tions regard­ing this doc­u­ment or appli­ca­tion of any law, rule or reg­u­la­tion can be referred to us via email at [compliance@cex.io].

All trade­marks, ser­vice marks, and trade names not owned by CEX.IO Ltd are the prop­er­ty of their respec­tive owners.

Please refer to the Terms of Use for more details.


            

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