CoinEx Turns 7: A Journey to 10 Million Users and Global Recognition

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As a seasoned analyst with over two decades of experience in the financial industry, I have witnessed the meteoric rise and fall of numerous digital exchanges. Yet, CoinEx stands out as one of the rare exceptions that defy the odds and thrive amidst the chaos. Its growth trajectory is nothing short of phenomenal, and its commitment to user-centric services has made it a household name in the crypto realm.

7 years ago, CoinEx began its journey to success, now boasting more than 10 million users globally. As its user base continues to expand, this exchange effectively meets the needs of diverse cryptocurrency traders through a range of services, thereby earning their trust and leveraging advanced technology for further improvement.

Reflecting on its achievements, CoinEx stands out for its distinctive features like the non-KYC option and ambitions to broaden its reach worldwide. Notably, this platform has consistently prioritized both trading volume and the security of user funds as key elements of its identity.

CoinEx’s Growth: A Look at Its 7-Year Journey and Key Features

Initiated by Haipo Yang in December 2017, CoinEx swiftly established itself as a significant player within the cryptocurrency exchange industry. Over the past seven years, it has attracted over 10 million users worldwide and is now recognized as one of the most reliable platforms. This impressive expansion can be attributed to its user-centric approach and technological advancements in innovative technologies, cementing its position as a market leader amidst the dynamic and competitive landscape.

CoinEx provides a variety of trading services tailored to all types of traders, from beginners to experts. Features include spot and futures trading, margin trading, Automated Market Maker (AMM) services, making it versatile for various investment goals. With over 1,000 pairings available, the platform offers substantial liquidity, making it a popular choice among users worldwide. Additionally, CoinEx’s self-developed matching engine has built a strong reputation for technological excellence by ensuring secure and efficient transactions, even during peak usage times.

One significant element driving the success of this exchange is the Merkle Tree proof of reserve, a system that guarantees transparency by providing a protocol for verifying reserves. This no-KYC crypto exchange lets users trade without revealing their identities, yet it maintains robust security. Furthermore, the platform excels at adapting to various locales and offers multilingual assistance to cater to underrepresented markets.

Strong Trading Volume and Token Growth

CoinEx, a key figure in the crypto exchange scene, thrives due to substantial trading volumes and a growing market cap of its token, CET. A glance at the current data reveals that on one particular day, the platform handled an impressive spot trading volume of approximately $692.95 million, demonstrating its dominance within cryptocurrencies. The exchange is bustling with activity, offering numerous trading pairs, and the XRP/USDT pair alone recorded a daily volume of about $115.46 million.

Among the offerings from CoinEx is their advanced Futures platform, which has significantly contributed to its overall success. This platform’s efficiency in managing large transactions is evident, as it processed over $2.23 billion in a single day according to Coinglass data. Even in volatile markets, it ensures liquidity remains high. Furthermore, the platform caters to a wide range of investors by offering 254 different trading pairs, making it easier for individuals to explore various investment possibilities.

The price of CoinEx’s token (CET) was at $0.094 today, representing a 2% increase from the previous day. Over the past three months, the value of CET has surged by 25%. Users of CoinEx can engage in staking, trading, and various other activities involving CET on the platform.

The system routinely delivers strong performance, broadens its user network, and boosts the worth of its tokens. Given its track record of innovation and addressing global user requirements, it is primed for continued expansion in the future.

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2024-12-12 11:32