Press release
Press release. 2022 is a special year for the cryptocurrency industry and a year of struggle for both institutions and users.2022 was also a special year for CoinEx. Quite a few cryptocurrency platforms collapsed overnight, and the panic continued as the market experienced disruptive changes in the third and fourth quarters of this year. As a global cryptocurrency exchange, CoinEx is keenly aware that exchanges cannot remain bullish or make progress without continuous improvement of their products and services.
In 2022, CoinEx has amassed 4.5 million registered users and provided services in over 200 countries and territories in 15 languages. Meanwhile, CoinEx set new records last year in terms of trading volume, number of cryptos listed, product and service improvements, brand promotions and upgrades, charities, and investments.
New Milestone: Record-Breaking Trading Volume and New Listing
CoinEx continues to explore outstanding and innovative crypto projects and now supports over 600 cryptos in over 1,000 trading markets, reaching industry leading crypto lists. In 2022, CoinEx’s cumulative spot and futures trading volume will reach $243.3 billion, with daily trading volume reaching $2.3 billion. In terms of value-added services, his average daily APY peaked at 96.08%, the highest in the AMM market. This year, CoinEx saved all VIP users over $4.22 million in transaction fees through fee discounts and CET deductions.
This year, we have taken the application scenario and value of CET, the native token of CoinEx Exchange and CoinEx Smart Chain, to the next level. A total of 660 million CET have been repurchased and consumed. This equates to $30 million.
100% Reserve: Proof of Reserve with “Merkle Tree” Audit Methodology
In December 2022, as the crypto market faced a series of turmoil and credibility crises, CoinEx responded quickly, launching the “Merkle Tree” audit method as proof of reserves and being the earliest to disclose proof of reserves. became one of the crypto trading platforms of CoinEx has always focused on profitability and has practiced maintaining a 100% reserve rate. CoinEx will never use the user’s assets for any other purpose for any reason and he guarantees withdrawals 100%, adhering to the principles of security and transparency.
“Proof of Reserve” support not only reassures CoinEx users, but also adds a transparent and secure shield to user assets. Over the past five years, CoinEx has maintained a zero accident record and built a highly stable system protected by comprehensive measures to protect all user assets.
serial integrations: continuous product and service perfection
CoinEx has accumulated over 100 product optimizations and service upgrades throughout the year, covering three major aspects: new services, new experiences, and new upgrades.
- new service
In 2022, CoinEx will launch dedicated functions such as swap trading, docks, trade boards, voucher centers, etc., allowing users to exchange cryptocurrencies with great flexibility, and various attractive giveaway events with a smooth user experience. was provided to the user.
- new experience
In 2022, in order to provide a brand new trading experience, CoinEx will restructure and complete a series of functions including spot trading, financial services, AMM services, deposit/withdrawal services, wealth management, VIP membership, CoinEx ambassadors, help center, etc. Upgraded. In addition to web page upgrade and flexible adjustment of account structure and technical framework, CoinEx has also rolled out quite a few new features, such as Ambassador Referrer, Withdrawal Multi-Approval, Margin Interest Rate Dynamic Adjustment, etc. These new features will allow users to try more cryptocurrency highlights and receive more incentives from CoinEx.
- new upgrade
In 2022, CoinEx has launched a new upgrade of market overviews, contract data, new listings and fiat services. In particular, market overview and contract data helped users to keep up with real-time market changes on his CoinEx and make smarter investment decisions. As more and more fiat service providers join CoinEx, we also host quite a few commission-free promotions to enhance the fiat trading experience.
New slogan: Step up by promoting branding
In April 2022, CoinEx rebranded and redefined its slogan as “Making Crypto Trading Easier”, with the aim of breaking free from traditional financial shackles and making the crypto market more accessible. . In addition, CoinEx hopes to provide easy-to-use crypto products and convenient services for all users and serve as the leading gateway for global crypto enthusiasts to the crypto world.
Over the past year, CoinEx has gained over 1 million followers across all social media platforms. Welcomed and invited to 27 blockchain events, CoinEx has spent nearly $1 million in sponsorship of 31 international competitions and events covering over 200 countries and territories, including the 2022 Rugby League World Cup. rice field.
Additionally, CoinEx has been covered over 13,000 times by global media, impacting over 100 countries and territories, and was nominated as one of the top 7 fastest growing brands in financial services by SimilarWeb.
Philanthropy and Capital: Humanitarian Aid and First-Class Project Investment
Under the leadership of “Via Blockchain, Making the World a Better Place”, the non-profit CoinEx Charity will be founded by the CoinEx Exchange in 2022. It supports vulnerable people, is actively involved in all areas of philanthropy, and is committed to humanitarian aid, development, education, poverty alleviation, emergency assistance, and free healthcare. Working with other charities and governments in 31 rural communities around the world, CoinEx has made her 32 donations and helped her over 30,000 people in need.
In 2022, ViaBTC Capital will invest in a total of 12 high-quality projects throughout the year, mainly focusing on supporting and incubating 8 projects of Web 3.0, Layer 2, and DApps combined with DeFi, NFTs, or DAOs. I was. As of December 2022, ViaBTC Capital has invested in funds such as Pantera Capital, IOSG Ventures and Shima Capital, built over 50 investment partnerships and networks, and participated in over 20 blockchain AMA sessions and conferences. .
ViaBTC Capital: 2022 Review and 2023 Predictions in the Crypto Industry >>
In addition to growing users, premium crypto assets, and upgrading products and services, CoinEx is building a global presence and striving to advance the industry. Over the years, CoinEx has worked hard to make cryptocurrency products easily accessible to everyone. Over the past 12 months, CoinEx has impressed the market with its excellent performance through solid efforts.
In 2023, CoinEx will continue to focus on its original motivations, continue to perfect its products and services, and move forward to make the blockchain world a better place.
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