- The CoinEx Token ($CET) Upgrade
- Moreso, to increase the value of $CET Token, the platform will be introducing value-added products such as:
- CoinEx’s Milestones
- Platform Security Approach
- Conclusion:
CoinEx has recently revamped its $CET introduction page and upgraded its products and services, introducing new innovative products.
The new CoinEx AMM allows market markers to earn significant returns offering access to over 1,200 tokens and 1,700 markets through our “Good, Fast, Comprehensive” listing strategy.
In an effort to attract more users to the CoinEx AMM, the CEO Haipo notes that the platform will continue to list assets, and provide users with more potential and innovative digital assets, helping them to seize opportunities amid market fluctuations.
The CoinEx Token ($CET) Upgrade
In order to increase users and boost the users’ confidence, the platform is on a mission to revamp the $CET token value with a comprehensive upgrade set for completion by September.
Additionally, a Buyback and Burn strategy was introduced, committing 20% of daily fee revenue to repurchase $CET until the total supply reaches zero. Every repurchased token will be burned monthly.
Speaking of possible future listing; Haipo said, “At present, we do not intend to pursue listing $CET on additional exchanges. Our strategy focuses on strengthening and expanding the CoinEx ecosystem itself rather than seeking external collaborations.”
Moreso, to increase the value of $CET Token, the platform will be introducing value-added products such as:
• CoinEx Dock; for assisting early-stage projects with fundraising and promotion
• $CET Staking; for providing users with secure and efficient on-chain staking products
• CoinEx Mining; for allowing users to stake tokens to earn airdrop rewards
• CoinEx Financial and CoinEx Loans; to offer diversified financial services to meet users’ short-term liquidity and financial service needs.
CoinEx’s Milestones
Looking at CoinEx’s progress since 2017. The platform now serves over 10M users globally across 200 countries with 1,100+ tradable tokens and 1,600+ trading markets. Speaking on the achievements at CoinEx, the CEO notes that;
“Through the team’s efforts and user support, CoinEx has evolved from a trading platform into an ecosystem, encompassing an exchange, wallet, public chain, charity foundation, and blockchain explorer.”
In 2024, CoinEx launched a strategic blueprint that includes CoinEx as a global trading platform, CoinEx Wallet for secure transactions, CoinEx Smart Chain for smart contracts, CoinEx Explorer for blockchain insights, and CoinEx Charity for non-profit initiatives.
Platform Security Approach
Haipo explains that the exchange prioritizes security and has implemented various security measures to protect the integrity of all user assets. The digital assets trading platform is among the first exchanges to prove a 100% reserve ratio through the “Merkle Tree” audit method.
CoinEx also established a Shield Fund and announced a security partnership with security companies like SlowMist to protect the integrity of user assets in the event of uncontrollable risks.
Additionally, several security measures have been put in place, for example, multi-signature protocols, emergency response plans, cold and hot wallet storage systems, multi-signature protocols, etc.
Conclusion:
The platform reaffirms its commitment to optimizing the CoinEx ecosystem, including expanding token listings, hosting more marketing campaigns and community engagement, and user experience improvement. Our goal is “making crypto trading easier” and always putting our users first to allow them to find the features they need in the shortest time possible, making every cryptocurrency transaction and activity easy to complete.
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