HONG KONG – 18/01/2024 – (SeaPRwire) – CoinEx, the globally renowned cryptocurrency exchange, navigated a year of substantial growth and evolution in 2023 amid a challenging market downturn. Undeterred by the market’s volatility, CoinEx concentrated on elevating user experience, fortifying its asset security system, and cultivating its brand identity.
In the past year, CoinEx attracted an impressive 5 million registered users spanning over 200 countries and regions, offering support in 16 languages. The exchange facilitated trading for over 800 cryptocurrencies and 1200+ trading pairs, addressing the diverse investment needs of a global user base.
CoinEx underscored the value proposition of its native token, CET, through the implementation of daily repurchases and monthly burn policies. As of January 2024, CoinEx had repurchased and burned CET tokens amounting to over $230 million.
Asset security remained a paramount focus for CoinEx, maintaining a 100% reserve ratio and ensuring transparency through the “Merkle Tree” audit method. The platform adopted robust offline storage systems, multi-signature solutions, and comprehensive security emergency plans.
In the realm of products and services, CoinEx underwent more than 100 significant optimizations and upgrades. It introduced the “Strategic Trading” function tailored for professional traders and established a dedicated “Newbie Zone” to assist novice investors. Additional features like Special Treatment (ST) rules and enhancements to futures trading were implemented to augment overall trading efficiency.
Throughout 2023, CoinEx directed efforts towards enhancing brand value and expanding its ecosystem. Initiatives such as the Global Broker Program and Creator Program were launched, and the platform actively participated in various industry events and charitable activities through CoinEx Charity.
Looking ahead to 2024, CoinEx is poised to continue fortifying its infrastructure and ecosystem, with a commitment to addressing user needs and refining the overall product experience. The exchange aspires to empower crypto users and contribute significantly to the growth and development of the cryptocurrency industry.
About CoinEx
Founded in 2017, CoinEx is a global cryptocurrency exchange dedicated to simplifying trading. With services including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management, CoinEx serves over 5 million users across 200+ countries and regions. Upholding a “user-first” service principle, CoinEx provides an accessible, equitable, and secure crypto trading environment for individuals of varying experience levels, fostering seamless entry into the world of cryptocurrency.
SOURCE CoinEx Global Limited
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