eTorox

Cryptocurrency Exchange Platform

Fintech & Insurtech
Non Active, Nov 2024 ceased to operate
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Company Overview

Snapshot

Founded in January 2018, eTorox operated with 11–50 employees. The company ceased operations in November 2024.

Business overview

eTorox developed a secure and regulated cryptocurrency exchange platform within the Fintech & Insurtech sector. Its core product, the eToroX crypto wallet, enabled users to store, convert, and transfer various cryptocurrencies like Bitcoin and Ethereum, and manage transactions such as buying and selling crypto-assets. The platform emphasized security through data encryption, dedicated CSRF attack prevention, login attempt limits, and whitelisted attribution models to counter automation attacks. eTorox served global markets with a focus on consumers and financial services, particularly in investment, portfolio management, trading, and virtual currencies.

Strategic signal

In November 2024, eTorox ceased to operate, indicating a significant shift in its market presence and strategic direction. This cessation of operations signals to investors and innovation teams a complete withdrawal from the cryptocurrency exchange platform market, highlighting the competitive pressures and regulatory challenges within the fintech and digital asset space.

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Company Intelligence Q&A

What is eTorox's primary business?
eTorox operates as a cryptocurrency exchange platform, providing services for storing, converting, and transferring digital assets like Bitcoin and Ethereum, and facilitating cryptocurrency transactions.
When was eTorox founded?
eTorox was founded in January 2018.
What security measures does the eTorox platform employ?
The eTorox platform encrypts all data by default, uses a dedicated secured mechanism to prevent CSRF attacks, and can limit login attempts and whitelist attribution models to prevent automation attacks.
What was the operational status of eTorox as of November 2024?
eTorox ceased to operate in November 2024.
Which cryptocurrencies did eTorox support?
eTorox supported major cryptocurrencies such as Bitcoin and Ethereum, along with others, enabling users to store, convert, and transfer them.
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