What Amplify Exchange is
Amplify Exchange was a cryptocurrency exchange/brokerage project founded by Justin Tabb (previously the founder of the Substratum project) and launched on 3 December 2019 as a "hybrid" platform with commission-free trading. It promised banking integration, cold storage and insured custody "up to 100 million dollars" — promotional claims never independently verified. The project never reached meaningful scale: company profiles classify it as a firm without significant funding and without recent activity. As at the verification date the service is no longer operational: the domain amplifyexchange.com redirects to a site unrelated to the crypto world (amplify.io). The exact closing date is not publicly documented. (Verified: September 2026)
Regulation and licences
- MiCA: NO — Amplify Exchange does not appear among the CASPs authorised in the EU and never appears to have held European licences. Since the service is inactive, the question is moot in any case: there is no platform to use. (Verified: September 2026)
Security
There are no documented hacks or security incidents, but also no independent audits of the insured custody claims. Context matters: the founder's previous project, Substratum, was the subject of strong public criticism over the management of funds raised in its ICO and ceased operations.
Alternatives
For those looking for an operational exchange authorised in the EU:
FAQ
- Is Amplify Exchange still active? No: the service is no longer operational and the official domain redirects to a site that has nothing to do with cryptocurrencies (verification of September 2026).
- Was Amplify Exchange regulated in Europe? No: it never held EU authorisations and does not appear in the MiCA CASP register.
Verified sources
- https://www.crunchbase.com/organization/amplify-exchange
- https://tracxn.com/d/companies/amplify-exchange/__UEbVK1JH0aNROGfSNEty04G1yeCUN4dHgQo7tpVu
- https://techbullion.com/interview-justin-tabb-and-the-amplify-exchange/
- https://www.amplify.io/
TEAM MEMBERS
LEADERSHIP
HQ OF AMPLIFY EXCHANGE
Dublin, Ireland
CONTACTS OF AMPLIFY EXCHANGE
All images, branding and wording are copyright to Amplify Exchange. All content on this page is used for informational purposes only. Spaziocrypto has no affiliation or relationship with the company mentioned on this page.
