TychExchange TychExchange

TychExchange is an exchange based in Estonia that targets mainly European customers. It claims to do many things first in comparison to other exchanges. All deposits, withdrawals, and trades are settled by a 100% clearing and settlement system, just like traditional stock exchanges.
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Additionally, TychExchange uses only cold storage wallets (the client’s deposit is also sent directly to cold storage). In spite of the 100% cold storage, clients’ deposits are still credited to their accounts immediately using their proprietary system.

While everyone claims to be secure, TychExchange claims it developed a system based on the idea of being “hack irrelevant” as opposed to hack resistant. According to their claims, their system is built so that client funds and private information are protected even if the whole system is hacked.

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