Is the CITEX trading platform legal?

Legality: The CITEX trading platform holds Type 1 and Type 9 licenses issued by the Hong Kong SFC and legally provides securities and futures trading services. Security: 1. Cold storage; 2. Multi-signature; 3. Two-factor authentication; 4. Risk control system; 5. Insurance coverage.

Is the CITEX trading platform legal? Is it safe?

Legality

CITEX trading platform was established in Hong Kong in 2018 and holds a license issued by the Hong Kong Monetary Authority (SFC) The Type 1 and Type 9 licenses make it legal to provide securities and futures trading services. In addition, CITEX is registered or licensed in Canada, Singapore and other regions, complying with global regulatory standards.

Security

CITEX trading platform adopts multiple security measures to protect user funds and information:

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• Cold storage: The vast majority of user assets are stored in offline cold wallets to prevent hacker attacks.
• Multi-Signature: Withdrawals and sensitive operations require multi-signature authorization for added security.
• Two-factor authentication: All users must enable two-factor authentication to prevent unauthorized access.
• Risk Control System: CITEX uses advanced risk control systems to detect and prevent suspicious activities such as money laundering and market manipulation.
• Insurance: User assets are insured by third-party insurance companies, providing additional protection in the event of a hacker or other unexpected event.

Overall, CITEX is a legal and safe trading platform that complies with global regulatory standards and has implemented multiple security measures to protect users.

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