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CoinEx in 2022: Attracting more users and providing decent products and services

CoinEx in 2022: Attracting more users and providing decent products and services

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Answer CoinEx in 2022: Attracting more users and providing decent products and services

Recently, CoinEx, a world-renowned cryptocurrency trading service provider, released its 2022 annual review, which summarizes its achievements over the past year in terms of trading volumes, new cryptocurrency listings, services and products offered, branding, philanthropy…

According to the report, as of December 2022, CoinEx has accumulated a total of 4.5 million registered users, and has provided services in 15 languages ​​across more than 200 countries and regions, including our Arab region.

In January 2023, CoinEx announced the end of its one-month fifth anniversary celebration, which marked the beginning of its sixth year in the cryptocurrency industry.

The company also released its 2022 Annual Cryptocurrency Report.

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Here are the highlights from the report and how CoinEx managed to attract users in 2022:

With more than 600 cryptocurrencies in over 1,000 trading markets, CoinEx has reached an industry high in the cryptocurrency list.

The report states that CoinEx has supported more than 600 cryptocurrencies in more than 1,000 trading markets.

According to CoinMarketCap, as of January 12, 2023, CoinEx ranks tenth among all cryptocurrency exchanges by number of supported cryptocurrencies and eighth by number of supported trading markets.

It is fair to say that CoinEx has become the number one contender in the list of cryptocurrencies, which is quite a milestone.

Enable 100% Reserve with “Merkle Tree” Reserve Proof:

The report stated that CoinEx launched the “Merkle Tree” proof of reserve audit method in December 2022, making it one of the first cryptocurrency exchanges to detect proof of reserve.

As a method of asset auditing, Proof of Reserve aims to check whether the platform has enough on-chain assets to support the assets of its users, and CoinEx employs a Merkle tree to prove its 100% reserve percentage.

According to the official announcement, the platform’s Proof of Reserve now supports BTC, ETH, CET, USDT, USDC, and SHIB, and more cryptocurrencies will be covered in the future.

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We all know that the cryptocurrency market experienced turmoil in the third and fourth quarters of 2022.

After the failure of major cryptocurrency trading platforms such as FTX, panic gripped the market, and the security and stability of centralized trading platforms were questioned.

At this critical moment, the “Merkle Tree” proof launched by CoinEx came as an immediate relief to its users.

The company provides evidence that since its inception in 2017, CoinEx has always maintained a 100% reserve ratio with a 100% guarantee for withdrawals, and confirmed that they are not just slogans.

Continuous improvement: more than 100 rounds of product improvement and service upgrade:

As mentioned in the report, CoinEx has accumulated more than 100 rounds of product improvement and service upgrade throughout the year.

The platform has restructured multiple functions to provide completely new trading experiences.

Highlights of the promotions include:

  1. In 2022, CoinEx launched new upgrades in market overview, contract data, new listing and fiat services. In particular, the platform provided market overview and contract data which are essential features for crypto users. With the two new functions, users can now keep abreast of market changes in real time and make smarter investment decisions.
  2. According to official announcements, in 2022, CoinEx supported 6 new fiat currency exchange service providers and hosted a number of no-fee promotions with its new partners, demonstrating the strong efforts CoinEx has made to expand its deposit and withdrawal channels and improve its handling of fiat currencies.

Brand promotion: the key to attracting users

In April 2022, CoinEx rebranded and redefined its logo to “Making Cryptocurrency Trading Easier”with the aim of serving as the main gateway for global users into the world of crypto.

Read:Learn about the main reasons behind the drop in the price of Bitcoin to the level of 42 thousand dollars

Over 100 CoinEx rounds of product improvement and service upgrades over the past year have been directed towards this goal.

From improved web user interface through functional perfection to service upgrades, CoinEx has made a series of moves to achieve its ultimate goal: to provide ease of use.

These efforts have paid off as the company has attracted more users and its trading volume has grown.

In today’s crypto space, many centralized exchanges have developed complex logos that include words like “professional”, “comprehensive”, and “simple”.

On the other hand, CoinEx has declared one goal and one motto – ease of use.

There is no doubt that the easy-to-use products will win CoinEx more crypto beginners and expand its presence in the market.

Overall, in light of the volatile market conditions and the failure of several centralized exchanges, CoinEx’s 2022 performance can be rated as Class A as it kept improving products and raising the level of services while strengthening its brand strength.

With all these efforts, the exchange has been favored by more users with its old users looking forward to more in the new year.

Platform official links coinex On social networks:

The official website of the platform:

http://www.coinex.com/

– Facebook:

https://www.facebook.com/CoinExMENA
Telegram:

https://t.me/CoinExGlobalArabic

Telegram news channel:

https://t.me/CoinExArabicNews

– Twitter:

https://t.me/CoinExGlobalArabic

Instagram:

https://www.instagram.com/coinex_arabic/

Medium:
https://coinexmena.medium.com/

– Tik Tok:

https://vm.tiktok.com/ZMRasoXtP/

– The YouTube:

https://www.youtube.com/channel/UCDp23XEh7Eo7ICZsi-_Czcw



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