What is Uniex Exchange (Is Uniex Exchange Legal)
What is Uniex Exchange, Uniex Exchange is the largest cryptocurrency trading pl
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What is Uniex Exchange, Uniex Exchange is the largest cryptocurrency trading platform in South Korea. Over the course of 12 months from 2014 to 2017, more than 10 million users have engaged in buying, selling, and holding digital assets. How does Uniex operate? Uniex is an open-source platform that allows anyone to create, manage, and use decentralized applications or protocols for free, and they run automatically through smart contracts.
Additionally, Uniex has a wallet to receive funds, which can be directly downloaded from its app store to access its DAPPs. (CryptoPotato)
Is Uniex Exchange Legal
According to the financial news, recently Uniex Exchange was exposed by netizens, claiming that they conduct transactions on overseas platforms and provide services such as USDT collateral.
In response, an interview with Uniex Exchange’s legal advisor, Wang Chao, reveals the legality of Uniex Exchange. Firstly, Uniex Exchange was established on May 27, 2014, and is a leading global digital currency compliant trading and derivatives technology provider and investment bank, with businesses including digital asset trading, fiat currency exchange, and international markets. Additionally, as a unicorn in the blockchain industry, Uniex has received investments from multiple capital investment institutions. Secondly, what are the main businesses of the exchange currently? Mr. Wang stated, “According to Article 124 of China’s Civil Code, “No organization or individual shall engage in illegal token issuance financing activities,” but they also cannot carry out related businesses without approval from the State Council’s Financial Stability and Development Committee.”
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