The Inception of IXFI
From an Inspired Idea to Your Friendly Crypto Exchange
In this article, we want to shed some light on IXFI’s history and our journey from an inspired idea to the innovative crypto exchange it is today.
IXFI’s ambitious road map has seen us go from strength to strength in a little over two years. The team behind IXFI set out to bridge the gap between the existing crypto community and the rest of the world. Our vision has always been to bring crypto into the everyday lives of ordinary people because we truly believe it’s the future.
With years of first-hand experience navigating the industry, our founding team was ready to take matters into their own hands and create a new kind of crypto exchange, one that was accessible to all, not just niche groups. Inspired by their own experiences with crypto, the team that brought it to life wanted to create an all-in-one platform that was both intelligent in design and user-friendly.
The friendly and informative environment is ideal for helping beginners master the basics as well as allowing seasoned traders to hone their skills, accessing new tools and educational resources.
2020 — How it all began
IXFI’s journey began in 2020, establishing CHAINSOLUTIONS OU and choosing CARDEX as a name for the platform before acquiring the domain CARDEX.io. This name reflected the team’s vision of creating an exchange that not only mirrored some of the features offered by conventional banks, such as cards and loans but went beyond them.
The team then proceeded with the design, architecture and planning of the website platform before partnering with leading development teams to begin constructing the early stages of the platform. BitGo was selected for providing wallets and custodian services, as well as Ondato as KYC and AML partner. AWS Cloud was entrusted with providing continuous, scalable and reliable infrastructure. Once the various partners had been selected for CARDEX, IXFI entered into a partnership with Cryptocoin.Pro for buying and selling crypto with fiat. Next, native iOS and Android applications were added to the development plan.
2021 — A new beginning
2021 brought some changes in terms of branding, rebranding CARDEX as IXFI and acquiring the new domain name of IXFI.com. The company entered new partnerships with leading liquidity providers and reached a new milestone of 30 in-house IXFI team members.
The team went on to initiate partnerships for their Crypto CARD program before launching the IXFI exchange in December. They hit a new milestone of 100 in-house team members on top of additional development partners. Offices were set up in Estonia, Dubai, Romania and India. The design of the entire platform was now ready to be revised into a more user-friendly format, with a focus on system optimization and improving scalability.
2022 — How far we’ve come together
2022 has been IXFI’s most packed and exciting year yet, with an ambitious and challenging roster set for the first quarter of the year. Crypto buying and selling partnerships were integrated with Simplex Transak, score and leader boards for affiliate and referral programs were introduced and native Android and iOS applications are set for launch.
We entered into a new partnership with Veriff Jumio Chainalysis, as well as partnering with CaseControl for PCI DSS compliance and reporting. IXFI is opening its new office in Switzerland and will begin offering multi-language and multi-currency support. The IXFI Earn Program will also be launched for Individual participation for best APYs.
The future looks wonderful
Since launching at the end of 2021, IXFI is already making a name for itself. As an all-in-one solution, IXFI fills a gap for a complete crypto experience in the market. The possibilities are truly endless, as we’re completely dedicated and fully committed to making IXFI shine in the world of crypto.
Several features are being rolled out this year, with more scheduled for 2023. From IXFI Tokens and DeFi Connect (an easier method of paying with the IXFI card) to an NFT marketplace and Fast Funds (send or receive funds directly between users), as well as Index and Copy Trading. No matter what the future holds, one thing’s for sure: IXFI is here to pave the way for widespread crypto adoption, empowering everyone to take their financial future into their own hands.
The road has been long and we still have a lot to look forward to. Stay with us on this journey and take your trading to the next level with Your Friendly Crypto Exchange. If you haven’t already, register on IXFI now to see the endless possibilities for yourself.
Disclaimer: The content of this article is not investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial and fiscal circumstances.
Although the material contained in this article was prepared based on information from public and private sources that IXFI believes to be reliable, no representation, warranty or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and IXFI expressly disclaims any liability for the accuracy and completeness of the information contained in this article.
Investment involves risk; any ideas or strategies discussed herein should therefore not be undertaken by any individual without prior consultation with a financial professional for the purpose of assessing whether the ideas or strategies that are discussed are suitable to you based on your own personal financial and fiscal objectives, needs and risk tolerance. IXFI expressly disclaims any liability or loss incurred by any person who acts on the information, ideas or strategies discussed herein.