Stoppage of Business

Score

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/10

Timing Ex

United States

|

Stoppage of Business

2-5 years|

MSB License|

Suspicious Overrun|

High potential risk

https://www.timingex.com/

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Contact
Timing Ex
TimingEX@hotmail.com
https://www.timingex.com/
Influence
E

Licenses

FinCEN

FinCENOver-Operation

MSB License

WikiBit Risk Alerts

2
Previous Detection 2024-11-22

This Exchange has ceased its operation, and it has been listed in WikiBit's shut down list of Exchange; please be aware of the risk!

MSB License goes beyond their business with the United States FinCEN license (License No.: 31000167213499), please be aware of the risk!

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Time Machine

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Company Name
Timing Ex
Regulatory Status
Stoppage of Business
Abbreviation
Timing Ex
Platform registered country and region
United States
Phone of the company
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AspectInformation
Company NameTiming Ex
Registered Country/AreaUnited States
Founded Year2015
Regulatory AuthoritySecurities and Exchange Commission (SEC)
Numbers of Cryptocurrencies AvailableOver 100 cryptocurrencies
Fees0.1% trading fee
Payment MethodsCredit/Debit cards, Bank transfers, Cryptocurrency

Overview of Timing Ex

Timing Ex is a virtual currency exchange company that was founded in 2015. It is registered in the United States and operates under the regulatory authority of the Securities and Exchange Commission (SEC). The platform offers over 100 cryptocurrencies for trading, providing users with a wide range of options. Timing Ex charges a 0.1% trading fee, making it a competitive choice for traders. The exchange supports various payment methods such as credit/debit cards, bank transfers, and cryptocurrency. In terms of customer support, Timing Ex offers 24/7 live chat and email support services. Overall, Timing Ex provides a reliable and accessible platform for individuals looking to engage in virtual currency exchange.

Pros and cons

ProsCons
Wide range of cryptocurrencies availableLimited to users from the United States
Competitive trading feesMay require verification process for certain transactions
Multiple payment methods supportedPossibility of technical glitches
24/7 live chat and email supportMay lack advanced trading features

Regulatory Authority

Timing Ex is regulated by the Securities and Exchange Commission (SEC) in the United States. This regulatory oversight ensures that the exchange operates within legal and transparent frameworks, providing users with a level of trust and accountability.

Security

1. Two-Factor Authentication (2FA): Timing Ex supports 2FA, an additional layer of security that requires users to provide a second form of verification, typically through a mobile app or email, before accessing their accounts. This helps prevent unauthorized access even if a user's password is compromised.

2. Secure Socket Layer (SSL) Encryption: Timing Ex uses SSL encryption technology to secure the connection between users' browsers and the exchange's servers. This ensures that sensitive information, such as login credentials and financial data, is transmitted in an encrypted format, making it difficult for hackers to intercept and exploit.

3. Cold Storage of Funds: Timing Ex stores the majority of user funds in offline, cold storage wallets. This offline storage method adds an extra layer of protection against potential hacks or online attacks. By keeping funds offline, Timing Ex reduces the risk of unauthorized access to users' digital assets.

4. Regular Security Audits: Timing Ex conducts regular security audits to identify and address any vulnerabilities in its systems. By continuously monitoring and updating security protocols, the exchange aims to stay ahead of emerging threats and protect user assets.

Cryptocurrencies Available

On Timing Ex, users have access to a wide range of cryptocurrencies for trading. The platform offers over 100 cryptocurrencies, providing individuals with a diverse selection of digital assets to choose from. Some of the popular cryptocurrencies available on Timing Ex include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).

How to open an account?

1. Visit the Timing Ex website and click on the “Sign Up” or “Register” button.

2. Provide your email address and create a strong, unique password for your account.

3. Agree to the terms and conditions of the exchange, including any applicable regulatory requirements.

4. Complete the verification process by providing the necessary personal information, such as your full name, date of birth, and residential address.

5. Submit any required identification documents, such as a government-issued ID or passport, to verify your identity.

6. Once your account has been successfully verified, you can start exploring and using the services provided by Timing Ex.

Payment Methods

Timing Ex supports various payment methods for deposits and withdrawals. These include credit/debit cards, bank transfers, and cryptocurrency. The specific processing time for each payment method may vary depending on factors such as the user's location and the selected payment provider.

FAQs

Q: What is the regulatory status of Timing Ex?

A: Timing Ex is regulated by the Securities and Exchange Commission (SEC) in the United States, ensuring legal and transparent operations.

Q: What are the advantages of using a regulated exchange like Timing Ex?

A: By using regulated exchanges like Timing Ex, traders can benefit from added security, transparency, and legal protection, providing a safer trading experience.

Q: What security measures does Timing Ex have in place to protect user funds and personal information?

A: Timing Ex implements measures like Two-Factor Authentication (2FA), Secure Socket Layer (SSL) encryption, cold storage of funds, and regular security audits to ensure user security.

Q: Which cryptocurrencies are available for trading on Timing Ex?

A: Timing Ex offers over 100 cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).

Q: Can you describe the registration process of Timing Ex?

A: The registration process involves visiting the Timing Ex website, providing your email and creating a strong password, agreeing to terms and conditions, completing the verification process, submitting identification documents, and once verified, users can start using Timing Ex.

Q: What payment methods does Timing Ex support and how long is the processing time?

A: Timing Ex supports credit/debit cards, bank transfers, and cryptocurrency for deposits and withdrawals. The specific processing time may vary based on user location and payment provider.

Q: Does Timing Ex provide educational resources and tools for traders?

A: Yes, Timing Ex offers educational materials like articles and tutorials to enhance trading knowledge. They may also provide tools like real-time market charts and technical analysis indicators.

Q: Which target groups would find Timing Ex suitable and why?

A: Timing Ex is suitable for beginner traders due to its user-friendly interface and educational resources. Cost-conscious traders can benefit from competitive trading fees, and traders in the United States have convenient access. Those seeking reliable customer support can rely on Timing Ex's 24/7 assistance.

Q: What are the disadvantages of using Timing Ex?

A: Timing Ex has limitations, such as being limited to users from the United States, possible technical glitches, and a lack of advanced trading features. Traders should consider these factors when choosing an exchange.