CoinEx: Meeting Diverse Trading Needs Globally, Creating a Win-Win Industry Ecosystem

CoinEx: Meeting Diverse Trading Needs Globally, Creating a Win-Win Industry Ecosystem

CoinEx: Meeting Diverse Trading Needs Globally, Creating a Win-Win Industry Ecosystem

Nowadays, the development of the cryptocurrency market has entered a new stage. Cryptocurrencies have become an indispensable part of global assets, and cryptographic technology is also influencing more and more industries and users, benefiting ordinary people. Established in 2017, the cryptocurrency exchange platform CoinEx is based on a global scale and takes “user first” as its service philosophy. It aims to provide simple, convenient, professional, and intuitive cryptocurrency products and services to investors worldwide, meeting their diverse trading needs.

Since 2023, while improving its platform products, CoinEx has also been enhancing its financial management and other services to provide more possibilities for global cryptocurrency users. At the same time, it embraces various types of industries globally, creating a win-win industry ecosystem.

Table of Contents:
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Providing diversified financial management services to create more trading possibilities
1. Wealth Management
2. Automated Market Maker (AMM)
3. Staking and Lending

Comprehensive product and service enhancements, launching “Strategy Trading” and Broker Program
Adhering to the “good, comprehensive, fast” listing strategy, providing over 700 high-quality cryptocurrencies
Adhering to the principle of “user first” to create a win-win industry ecosystem

According to CoinEx’s official website, its financial management services currently include wealth management, AMM, and staking and lending. The product introductions and highlights are as follows:

CoinEx’s wealth management product is a relatively secure and safe investment method for platform users to maximize the utilization of idle assets and earn additional income. The wealth management income comes from 70% of the total interest income generated from leveraged borrowing and pledged lending, based on the proportion of the user’s wealth management account balance.

Users only need to transfer idle assets to the CoinEx wealth management account to enjoy additional income brought by the platform without the need for trading. CoinEx wealth management has advantages such as simplicity, on-demand withdrawal, compound interest calculation, and no minimum deposit limit. Users can easily and conveniently use CoinEx wealth management products without any threshold.

AMM stands for Automated Market Maker. CoinEx combines AMM with order book to automatically convert the liquidity pool into an order book. CoinEx adopts the algorithm of “constant product market maker model” in AMM, which can provide liquidity to the market regardless of the scale of the order book or the size of the liquidity pool.

Currently, CoinEx has opened AMM functionality for hundreds of spot trading markets. Each market supporting AMM has a liquidity pool, and users can provide liquidity to the market by injecting funds into the pool, becoming an automatic market maker for that market, and receiving fee dividends distributed by CoinEx platform.

The revenue of CoinEx AMM mainly comes from the fee dividends distributed by the platform. All CET trading markets distribute 100% of the fees to liquidity providers, while other AMM markets distribute 50% of the fees to liquidity providers. The fee dividends are calculated hourly and injected into the liquidity pool, and users can receive accumulated income when withdrawing liquidity.

Staking and lending is a financial service provided by CoinEx to meet users’ short-term liquidity needs. Users can pledge one or more digital assets to borrow another digital asset without selling their own digital assets. The borrowed assets can be used for trading, investment, or withdrawal.

Compared to other platforms, CoinEx offers a higher initial pledge rate, allowing users to borrow more with the same value of pledged assets, thereby increasing the utilization of their funds. CoinEx supports multiple currencies as collateral, and when borrowing the same currency, it also supports pledging multiple currencies simultaneously, making the operation simple and convenient. In addition, CoinEx’s staking and lending feature provides instant account credit and on-demand borrowing and repayment.

In February 2023, CoinEx launched the Strategy Trading function to help users plan their investments in advance. Currently, CoinEx has launched Dollar-Cost Averaging (DCA) and Spot Grid functions in the Strategy Trading section. Platform users can create their own trading strategies and use functions such as automatic DCA and spot grid to achieve simpler cryptocurrency investments.

The CoinEx DCA function supports users in achieving “lazy-style” simple investments. After creating a plan, the system will automatically deduct and place orders according to the user’s preset investment amount and investment period, without the need for manual operations each time. The spot grid function automatically performs buy low and sell high operations through the creation of a grid, helping users to achieve cycle arbitrage in volatile markets.

In 2023, CoinEx also launched the Global Broker Program, aiming to meet the needs of more professional traders and further enhance the trading experience of platform users. Through brokers, CoinEx users can use more diverse investment tools and manage cryptocurrency assets more securely and freely. At the same time, they can enjoy a more professional and comfortable trading experience.

In the cryptocurrency market, selecting high-quality projects for users worldwide with trading and investment needs is the fundamental purpose of a cryptocurrency exchange platform. However, unlike many other cryptocurrency exchange platforms, CoinEx does not pursue quantity but focuses on quality when listing cryptocurrencies. Since its establishment, CoinEx has been adhering to listing high-quality cryptocurrencies, providing its users with more diverse and high-quality investment choices. This also reflects CoinEx’s principle of prioritizing user interests and putting users first.

In terms of filtering cryptocurrency assets, CoinEx gathers high-potential and valuable projects in the cryptocurrency market, providing users with more innovative, high-quality, and diverse investment choices to help them seize market opportunities. According to CoinEx’s currency information, it currently supports over 700 high-quality cryptocurrencies, covering various popular tracks and star projects such as MEME, PoW, DeFi, GameFi, SocialFi, Avalanche, Solana, Layer2, and Cosmos.

Regarding the listing strategy, CoinEx adheres to “good, comprehensive, fast,” with “good” being the priority. It does not blindly pursue quantity, hotspots, or exclusivity and remains committed to this belief. For listing on the platform, CoinEx employs multiple mechanisms, involves multiple teams, and conducts extensive assessments, resulting in a funnel-shaped listing process. Regardless of the popularity of a project, CoinEx’s listing team always adheres to strict review mechanisms. If any risk exists in any part of the process, the project will not be approved. This is also an expression of CoinEx’s commitment to user experience and its principle of “user first.”

In addition to the Broker Program, in August of this year, CoinEx also launched the KOL Growth Program and initiated a million-level special fund, which is open to all content creators who love Web3 and blockchain. Through official funding support and IP traffic creation, the CoinEx Growth Program will help KOLs grow rapidly and become promotional partners of CoinEx globally.

By continuously building an industry ecosystem and empowering various industry communities, CoinEx aims to create a win-win industry ecosystem. The CoinEx team has repeatedly stated that the platform has always adhered to the principle of “user first,” quickly responding to user needs, providing diversified services, and striving to improve user experience and satisfaction. While pursuing platform security, stability, and efficiency, CoinEx also aims to meet the diverse trading needs of investors worldwide, creating a win-win industry ecosystem.

This article is provided by the official source and does not represent the position or investment advice of this website. Readers must conduct their own careful evaluation.