Press Release
Press Release 2022 is a special year for the crypto industry and a struggle for both institutions and users For CoinEx, 2022 For CoinEx, 2022 was also a special year. Panic followed as a significant number of crypto platforms collapsed overnight and the market experienced disruptive changes in the third and fourth quarters of the year. As a global crypto exchange, CoinEx is keenly aware that exchanges cannot survive bulls and bears and achieve any progress without consistent improvements in products and services.
In 2022, CoinEx will have 4.5 million registered users and offer services in 15 languages in over 200 countries and territories. Meanwhile, CoinEx set new records last year in terms of trading volume, number of listed cryptos, product&service improvements, brand promotion and upgrades, philanthropy, and investments.
New Milestones. Record transaction volume and new listings
CoinEx continues to explore outstanding and innovative crypto projects, currently supporting over 600 cryptos in over 1,000 trading markets and reaching industry leadership in crypto listings In 2022, CoinEx’s cumulative Spot and Futures trading volume 243.3 billion, with daily trading volume reaching $2.3 billion. As for value-added services, the AMM market’s highest average daily APY peaked at 96.08%. Over the past year, CoinEx saved all VIP users over $4.22 million in transaction fees through commission discounts and CET deductions.
This year, we took the application scenario and value of CET, the native token of CoinEx Exchange and CoinEx Smart Chain, to the next level: in compliance with the CET Value Agreement, CoinEx continued its daily buyback and monthly destruction policy and cumulatively repurchased and destroyed over 660 million CETs, equivalent to US$30 million.
100% reserve.29}
Certification of reserve by the “Merkle Tree” audit method.
In December 2022, as the crypto market encountered a series of disruptions and a crisis of confidence, CoinEx quickly responded by launching the “Merkle Tree” audit method as Proof of Reserve, becoming one of the first crypto trading platforms to disclose Proof of Reserve CoinEx has always practiced keeping the bottom line and maintaining a 100% reserve ratio; CoinEx never uses user assets for any other purpose for any reason, adheres to the principles of security and transparency, and guarantees 100% of withdrawals.
Supporting “Proof of Reserve” not only reassures CoinEx users, but also adds a transparent and secure shield to user assets. For the past five years, CoinEx has maintained zero incidents and has built a very stable system protected by comprehensive measures to secure all user assets.
Serial Integrations : Continuous Product {112} Service Perfection {4
New Slogan: Step Up with Branding Promotion
In April 2022, CoinEx will rebrand and redefine its slogan to “Making Crypto Trading Easier” to free itself from the shackles of traditional finance and make the crypto market more accessible. Furthermore, CoinEx wants to provide easy-to-use crypto products and convenient services to all users and act as the primary gateway to the crypto world for crypto enthusiasts worldwide.
In the past year, CoinEx has amassed over 1 million followers across all social media platforms; welcomed and invited to 27 blockchain events, including the 2022 Rugby League World Cup, over 200 countries and 31 international conventions and events covering the region, spending nearly $1 million in sponsorship.
In addition, CoinEx has received more than 13,000 media mentions worldwide, impacted more than 100 countries and territories, and has been nominated by SimilarWeb as one of the top seven fastest-growing brands in financial services.
Charity and Capital Humanitarian Support and Prestigious Project Investments
{82
Via Blockchain, Making the World a Better Place” guiding principle, CoinEx in 2022 Exchange has established CoinEx Charity, a non-profit organization. After establishing a multi-million dollar charity fund, CoinEx Charity is focused on helping the vulnerable and is actively involved in all areas of charity work, with a commitment to humanitarian aid, development, education, poverty alleviation, emergency relief, and free healthcare. Working with other charities and governments in 31 localities around the world, CoinEx has made 32 donations and helped more than 30,000 people in need.
In 2022, ViaBTC Capital invested in a total of 12 quality projects throughout the year, primarily focused on supporting and incubating 8 projects, including Web 3.0, Layer 2, and DApps that combine DeFi, NFT, and DAO. december 2022 ViaBTC Capital currently invests in funds such as Pantera Capital, IOSG Ventures, and Shima Capital, has built a network of over 50 investment partnerships and has participated in over 20 blockchain AMA sessions and conferences We are.
ViaBTC Capital: 2022 Review and 2023 Forecast in the Crypto Industry > >
In addition to user growth, premium crypto assets, and product&service upgrades, CoinEx has worked to build a global presence and strive to advance the industry. Over the years, Coin