CoinEx’s dream of globalizing finance: a team that pursues revolutionary, innovative and easy products
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Answer CoinEx’s dream of globalizing finance: a team that pursues revolutionary, innovative and easy products
In June 2022, the Rugby League World Cup 2021 (RLWC2021) announced that CoinEx would be the official partner of the cryptocurrency trading platform.
This is the first time that RLWC has collaborated with Crypto, which came as a surprise to many RLWC viewers who wondered:
Why did the top of the nearly 70-year-old rugby competition choose CoinEx, a cryptocurrency trading platform that has only been around for 5 years, as its partner this year?
What is so special about CoinEx that convinced RLWC to go with a partner in the emerging crypto industry?
It all starts with Bitcoin and the Blockchain:
Although CoinEx was founded in December 2017, its founder Haipo Yang was one of the first to have contact with Bitcoin and blockchain technology earlier.Read:Explanation of BULL, BEAR, ETHBULL and ETHBEAR coins on Binance platform
In 2011, Bitcoin and its open source concept caught on in a small community of geeks.
Haipo was fascinated by the idea of facilitating industry-wide progress by lowering the threshold for technological development via open source coding, so he started learning more about bitcoin and blockchain technology.
In 2013, Haipo started running bitcoin nodes himself and joined the bitcoin community building.
When he delved into Bitcoin and the blockchain, his expectations for the industry soared, and he became confident of the endless prospects of this crypto-dominated market. He gave up his job at major internet companies including Tencent and Futu Securities, and put his faith in bitcoin and the blockchain, which he believed would revolutionize technologies and production relationships.
Embracing the revolution, Haipo Yang decided to devote himself entirely to the crypto space.
Ultimate goal: to become the infrastructure of the blockchain world
In 2016, the blockchain industry was in its infancy, and many technologies and products were far from mature.
Planning to better maintain the Bitcoin network via the mining pool, Haipo completed the full coding of the ViaBTC Pool within two months and set a mission “across the blockchain by making the world a better place” and a vision “to become the infrastructure of the blockchain world.”Read:Bitcoin fails to surpass the $60,000 level, correcting down to $57,000…what’s the next step?
Haipo’s pursuit of ultimate technology and product has led to widespread user appreciation for ViaBTC.
Meanwhile, after attracting tons of users, ViaBTC quickly became one of the top five bitcoin mining aggregators.
Apart from mining pools, there are many other types of blockchain infrastructures.
For cryptocurrency investors, trading is always the most important focus.
At that time, despite the countless number of trading platforms, many often experienced network crashes and failures.
As an expert in high-synchronization architecture design, Haipo decided to build a high-performance and stable circulation system.
In 2017, Haipo and his team developed the world’s first 10,000 TPS trade matching engine.
December of that year saw the birth of CoinEx which was built on top of that engine.
Shortly after its start, the market fell back into the bearish trend again.
When the market was bullish, huge profits generated tons of cryptocurrency exchanges, and everyone wanted to make quick gains, without caring about the underlying technical capability of the exchange and user experience.Read:Cryptocurrency exchange BitFunder founder sentenced to 14 months in prison
In the end, the crypto winter spurred a major adjustment among exchanges, with many eventually leaving the industry altogether.
On the other hand, CoinEx continued to improve its technologies and products and attracted many new users with its end user experience as the market shifted from bull to bear.
CoinEx now serves more than 3 million users in more than 200 countries around the world.
Available in 16 languages, the platform offers more than 500 digital assets to meet different demands, covering spot, margin, futures, AMM, and financial services.
As CoinEx’s blockchain ecosystem continues to expand, the parent company, ViaBTC Group, now operates multiple business segments, including ViaBTC Pool, ViaWallet, CoinEx Smart Chain (CSC), ViaBTC Capital and CoinEx Charity.
Easy to use: break all financial restrictions and turn 99% into 1%
From day one, Haipo Yang believed that the technology and industry of Bitcoin and Blockchain, could provide opportunities for the general public.
After all, a decentralized, open, free and transparent crypto environment is a more standard financial market.
Despite this, as the crypto space continues to grow, many trading platforms have started to group jobs over jobs and become more exclusive to professional traders, which is unfriendly for beginners.
CoinEx does not agree with these peers and believes that beginners should not be ignored.
The platform aims to revolutionize the industry and develop end products so that it can serve more casual users. Cryptocurrency transactions are easily accessible in many places where online payment is not an option.
Cryptocurrency is also a great help for ordinary people who are suffering from the high inflation rate of fiat currencies.
In addition, retail investors who have been turned away from the primary markets can make initial investments via the cryptocurrency market.
This is why the CoinEx team insists on developing easy-to-use products and strives to facilitate the trading of cryptocurrencies. As it transforms sophistication into ease of use by building quality products while providing easy investment channels and satisfying customer services, CoinEx respects all ordinary users, reduces their workloads, and meets their true demands.
What should the Bitcoin and blockchain industry look like?
With a strong technical background, the CoinEx team has their own unique answer.
The CoinEx team believes that if cryptocurrency investments are just like traditional investments and if investors continue to suffer from the same old problems of high bottom line, exorbitant costs, market monopoly and complex processes, then decentralized blockchain technology will be pointless.
The team is also betting that blockchain technology will change the status quo that 1% of people own 99% of the wealth.
CoinEx hopes that in a free and equal crypto world, 99% can also become 1%.
Such an ambition justifies the company’s mission across the blockchain, to make the world a better place, and also echoes the original motivations for blockchain technology.
In the crypto sector, you never know what will happen in the next moment.
The rapidly changing market cycles have led to the sudden collapse of many crypto giants.
When asked how the CoinEx team has persisted over the years, they stated that sticking to their original motives is a very valuable quality to the company.
The team says that their path is to make the world a better place through blockchain.
Such efforts to pursue easy-to-use, end-to-end and revolutionary products clearly explain CoinEx’s survival rule and also illustrate its dream of universal funding.
Official links to the platform coinex On social networks:
The official website of the platform:
Telegram news channel:
– The YouTube:
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