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CoinEx Update

From Exploration to Soaring: CoinEx's Glory Path over Seven Years

2024-12-20 04:08:36

In the rapidly changing cryptocurrency market, competition is intense, and the process of elimination is exceptionally harsh. As Winston Churchill once said, “Success is not final, failure is not fatal: It is the courage to continue that counts.” It is with this courage that CoinEx has adhered to its original intentions and pursued its dreams amid the many challenges of the crypto world. Innovation is the driving force behind the advancement of our world. Over these seven years, CoinEx has relentlessly pursued excellence, transforming from an obscure exchange into a trusted global cryptocurrency trading platform, encompassing various ecological segments including CoinEx Wallet, CoinEx Smart Chain, CoinEx Explorer, and the non-profit blockchain charity organization CoinEx Charity, thereby establishing a diversified developmental ecosystem. To mark this significant milestone, we invite you to watch our 7th-anniversary recap video, which highlights our journey and achievements. Watch the 7th Anniversary Recap Video.

Since its establishment in 2017, CoinEx has weathered numerous storms, responding to the ever-changing market environment, rapid technological advancements, and the rise of competitors. For seven years, CoinEx has stood like a resilient giant, continually adapting to market changes and adjusting its pace. During these years, CoinEx has undergone significant transformations. From promoting technological advancements to implementing international operational strategies and product services, each transformation has been accompanied by challenges and opportunities. Guided by the mission “Via Blockchain, Making The World A Better Place” CoinEx has evolved from its initial explorations, gradually adapting to changing market demands. After navigating various trials and transformative experiences, CoinEx has reached a stage where it can independently thrive and soar.

With wings borne of courage, we shall overcome the waves. Over these extraordinary seven years, CoinEx has achieved remarkable accomplishments in areas such as user base, technical strength, and market influence, thanks to its robust and stable security infrastructure, comprehensive product experiences, and a diverse range of quality assets. Looking back, every key milestone and achievement over these seven years has built the glory CoinEx enjoys today.

2017-2019: Refinement and Growth

At the end of 2017, when Bitcoin's price surpassed $10,000, the cryptocurrency market experienced explosive growth. CoinEx was founded at this historic moment, fueled by passion and the vision of "To become the infrastructure of the blockchain world." It bravely embarked on an unknown journey, actively exploring new cryptocurrency trading products and establishing a solid foundation for its ambition to become a globally recognized exchange. Yet, the abrupt arrival of the cryptocurrency winter from 2018 to 2019 created a stark contrast to 2017's boom. During this period, market sentiment plummeted, trading volumes dropped sharply, and many exchanges faced severe challenges. In response, CoinEx proactively launched a series of products such as the platform token CET and the cryptocurrency wallet CoinEx Wallet, bravely facing difficulties and maintaining its exploration. Thanks to these outstanding products, CoinEx quickly rose to the top of global trading volumes among similar platforms, becoming one of the exchanges with the most extensive global reach.

2020-2022: Innovation and Transformation

During this period, the cryptocurrency market surged once again but was soon followed by significant crashes. Concurrently, many new realms have emerged within blockchain technology and the crypto space, marking the beginning of an era brimming with opportunities and challenges. Driven by technology, sparking creativity, CoinEx, having built a solid foundation, began to accumulate strength. Upholding the brand philosophy of "user first," CoinEx expanded its ecosystem comprehensively and seized the moment to take the lead in the international cryptocurrency market.

Riding the trend of the recovering crypto market, CoinEx transformed its mindset, broadened its horizons, and adopted multiple initiatives. The team successfully established the CoinEx Smart Chain public chain ecosystem with advanced blockchain technology and ventured into public welfare by setting up a $10 million charity fund and forming CoinEx Charity, further enriching the CoinEx ecosystem.

Additionally, CoinEx swiftly expanded into global markets, launching a Global Ambassador Program and becoming the official partner of the Rugby League World Cup (RLWC 2021), fully initiating its international operational strategy and strategically laying out its presence in international markets. By creating localized professional services, CoinEx effectively expanded its influence globally, achieving rapid growth in both brand recognition and user base.

Technological advancement was a crucial driving force behind the company’s transformation. CoinEx seized opportunities within the volatile cryptocurrency market, consistently upgrading and iterating its products and services. Flexibly responding to market changes, and ultimately completing a stunning metamorphosis into a diversified crypto ecosystem.

2023-Present: Resilience and Soaring

In recent years, the cryptocurrency market has faced regulatory challenges while also witnessing a resurgence, with Bitcoin prices reaching new heights. This period is marked by both development and challenges. After enduring market trials and prolonged refinement, CoinEx has maintained its original intentions, unwavering in the face of adversity, meticulously perfecting its products and services. Through the close integration of product innovation and token benefits, CET’s price has steadily risen in recent years, surpassing $0.1 this year and hitting a new three-year high, with a total market value of tokens burned reaching $7,546,387.66.

As trading operations mature, CoinEx continues to innovate technologically in response to market demands, with a focus on products and services. It has accelerated product iteration speed, achieving over 150 product upgrades in just two years, and launched new products including CoinEx Staking, CoinEx Mining, PreToken Trading, and P2P, continuously enriching its trading product line. Currently, the platform supports over 1,200 trading currencies and more than 1,800 trading markets to meet the diverse investment needs of users and provide a wider range of specialized services for global users.

While product growth has surged, CoinEx has always prioritized the safety of user funds. By identifying and assessing risks, CoinEx has established comprehensive measures including reserve proof, asset security systems, user protection funds, and user safety education. Since its inception, CoinEx has consistently created a safety shield for its users, continually upgrading its security systems to enhance trust and satisfaction, creating a safe and reliable trading environment for global cryptocurrency users.

The strengthening of foundational business capabilities has accelerated CoinEx's global expansion. Adopting a strategy of “stabilizing while accelerating,” CoinEx has actively and cautiously advanced its international business strategy through initiatives such as a global broker program, KOL growth plan, and multilingual services. CoinEx has also sponsored and participated in numerous renowned industry conferences and forums, including TOKEN2049, Bitcoin 2023, Taipei Blockchain Week 2023, and GM Vietnam, enhancing its brand's global influence. By 2024, CoinEx supports 18 language markets, serves over 200 countries and regions, boasts more than 2,000 global communities, and its registered users have exceeded 10 million.

CoinEx is not only focused on short-term breakthroughs but also emphasizes long-term sustainable development, including user education and corporate social responsibility to enhance brand competitiveness and improve brand image. On the one hand, CoinEx has established a comprehensive educational system on its platform, launching modules such as CoinEx Insight, CoinEx Academy, and CoinEx Feed. Through over 2,500 educational contents covering terminology, investment safety, and trading-related knowledge, it fully supports users in their learning and knowledge expansion, enhancing the overall user experience.

On the other hand, CoinEx Charity, a subsidiary of CoinEx, remains committed to its mission by continuously engaging in charitable activities around the world for many years. These activities encompass over 300 public welfare initiatives, including poverty alleviation, educational support, disaster relief, and animal welfare. The organization has donated more than $500,000, directly aiding 60,000 individuals and benefiting 60,000 families. This commitment effectively fulfills the company's social responsibility and provides valuable support for the development of local charitable initiatives.

Only with fully developed wings can we soar high. Users, products, services, security, technology — each feather injects new vitality into CoinEx's flight, propelling it to embark on a new journey.

Seven Years of Witnessing: The Heart Will Remember

Over the past seven years, Bitcoin has experienced dramatic changes, from initial prominence to downturns, and now to new highs. Many exchanges have seized opportunities during this unpredictable early stage, some growing into towering giants, while others have been quickly forgotten in the rapidly developing crypto industry. In just seven years, the global cryptocurrency industry has faced numerous challenges and uncertainties. Success is a game for those who persevere until the end. In a highly volatile market environment, only those teams willing to break through and remain true to their original intent can thrive and endure.

The resilient strides made over seven years have written a glorious chapter of perseverance for CoinEx; the innovative developments over seven years have crafted a magnificent epic of determination for CoinEx. Seven years ago, CoinEx was able to carve a path in the barren crypto world and establish a solid foothold; seven years later, CoinEx continues to embody its original intent in the rapidly changing crypto era, remembering its mission of “making the world a better place through blockchain,” and stepping forward with confidence to embrace future challenges and opportunities, ready to write a brilliant new chapter.

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services,including spot and futures trading, margin trading, swap, automated market maker (AMM), and financial management services for over 10 million users across 200+ countries and regions.Since its establishment, CoinEx has steadfastly adhered to a "user-first" service principle. With the sincere intention of nurturing an equitable, respectful and secure crypto trading environment, CoinEx enables individuals with varying levels of experience to effortlessly access the world of cryptocurrency by offering easy-to-use products.

To learn more about CoinEx, visit: Twitter | AppTelegram | LinkedIn | Facebook | Instagram | YouTube

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