NYXEX Reliability & Security

Before each token may be listed on the NYXEX, it must go through a thorough security check to ensure it is secure for consumers. The goal of the NYXEX framework is to identify and minimize risks to a digital asset's NYXEX Reliability. NYXEX Reliability refers to validating the capacity of a company, such as a bank or stock exchange, to receive, store, and transmit digital assets. NYXEX specializes in our evaluation to streamline a token's procedure to trade freely when an asset may follow an open standard implementation, such as ERC-20.

IP Monitoring & MFA

With IP Monitoring, NYXEX moves to the future by providing users with real-time notifications if their account is accessed from an unknown location or from a different computer or browser than they're used to. NYXEX uses OTPs, or One-Time Passwords, which are those four- to eight-digit codes that you frequently get via email, SMS, or some other type of mobile software. Every time an authentication request is submitted, a new code is generated. The code is made using a seed value assigned to the user when they register.