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The Ternion Exchange

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The Ternion Exchange

TERNION OÜ
Type: Private (OÜ)
Founded: 2018
Headquarters: Tallin, Estonia
Key People: Rudolfs Medvedevs
Products: Cryptocurrency exchange
Website: https://ternion.io

The Ternion Exchange is a licensed centralized fiat-to-crypto entity that offers deposits in EUR, USD, BTC, ETH, BCH, LTC[1].[2] The exchange charges -0,05% to 0,10% commission on trade operations, according to the Maker-Taker fee. The list of cryptocurrencies introduced on the platform includes BTC, ETH, BCH, XRP, DSH, ZEC, BTG, ETC, LTC, NEO.

History

Ternion was founded in 2018.[3] The demo version of the Ternion Exchange has been available on the website since June 2018.[4] The Ternion Exchange is a part of the triad Ternion ecosystem, which consists of the exchange, the payment system and the liquidity fund.[5]

Legal and security

TERNION OÜ is a registered company in Estonia.[6] Ternion has two licenses issued by the Estonian Financial Intelligence Unit (FUI): virtual currency wallet service license №FRK000174[7] and license №FVR000209 [8] for providing services of exchanging a virtual currency against a fiat currency.

Ternion follows required Anti-money laundering procedures, it implements ZeusID to verify legitimacy of ETH wallets[9] and strictly enforces Know Your Customer Policy by requiring a proper proof of identification and residence [10][11]. Ternion Account is protected with two-factor authentication via Google Authenticator App.

References[edit]

  1. "Ternion".
  2. "Ternion: Bridging the Gap Between Traditional and Decentralised Finances".
  3. "TERNION OÜ - Overview @ Inforegister.ee".
  4. "Ternion: Bridging the Gap Between Traditional and Decentralised Finances". 2018-07-11.
  5. "The Ternion Exchange: Ready to Become an Industry Leader". 2018-07-06.
  6. "TERNION OÜ - Overview @ Inforegister.ee".
  7. "MTR".
  8. "MTR".
  9. "Zeus Protocol Partners with Ternion, a Licensed Hybrid Digital Exchange". 2018-09-07.
  10. "InvestFeed".
  11. "Our AML".

The Ternion Exchange[edit]


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