CoinEx Trades Lots of Crypto Assets Despite a Bearish Market
Navigasi - In the midst of a bearish (weakening) crypto asset market, the CoinEx crypto exchange has actually added to the list of crypto assets that can be traded on the platform, which is now more than 600 crypto assets and 1,000 trading markets. Whereas, in this bearish market many major institutions have failed and regulatory measures targeting the space are getting tighter.
|CoinEx Trades Lots of Crypto Assets Despite a Bearish Market|
Even giants like Coinbase are struggling with the crypto winter, let alone smaller crypto exchanges. Since 2022, several crypto trading platforms, including some of the top exchanges, have experienced major scandals and a large number of exchanges went bankrupt due to the hard hit of the crypto market bears.
“Unlike other crypto exchanges that pursue aggressive expansion during a bull market, CoinEx always remains rational and adopts a long-term view,” said CoinEx Founder and CEO, Haipo Yang in a written statement Thursday (15/9/2022).
He said CoinEx prefers to keep a low profile and build on constant improvements. One of them is optimizing the product to the user. For CoinEx, adding a list of crypto assets to the platform is part of product development, so it is not affected by market conditions.
“CoinEx has created a comprehensive and rigorous coin registration process, featuring multiple mechanisms and review teams, as well as diverse considerations for project appraisal,” said Haipo Yang.
He continued that during the review, a project would be eliminated if it was deemed risky, even in one aspect only. This is to ensure that users are not deceived by projects that appear to be popular. "The team is never in a hurry but always careful," he added.
Thanks to the strict crypto registration system, CoinEx has now become a top player in the blockchain industry providing users with premium and innovative projects. On that basis, CoinEx is still able to lead the market and continue to add to the list of crypto assets on the platform, even though the market is in a bad state as it is today.
“CoinEx has provided global users with a more promising and valuable crypto asset, which requires solid strength, ongoing dedication and forward-looking vision,” said Haipo Yang.