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What Makes CoinEx Stand Out? Founder & CEO, Haipo Yang Answers Users’ Questions

Q: Of the numerous ups and downs, CoinEx has gone by way of prior to now 4 years, what was essentially the most difficult problem? How did you meet it?

Haipo Yang: Feeling misplaced was essentially the most difficult problem we had. We struggled to seek out the solutions to many questions, together with: What form of trade ought to we be? How will we notice this? Does the long run look good for the crypto trade? Personally, I felt misplaced, however the workforce was much more so. Many start-up groups will be capable to relate to this. Fortunately, we pulled by way of.

In my view, essentially the most essential factor once we face such a problem is to have religion. We should consider that blockchain might change the world, that we might discover a appropriate course for progress, that the workforce will develop stronger, and that the market will usher right into a shiny future. I’ve additionally stored bettering myself in numerous methods to review CoinEx’s strategic objectives and determine the precise path whereas sharing my ideas with the workforce.

Q: As everyone knows, you purpose to show CoinEx right into a mainstream trade. In your view, what is required to realize this objective?

Haipo Yang: Yes, my objective is to assist CoinEx develop into an important trade, in addition to the infrastructure of the blockchain world. To obtain this objective, we have to construct a powerful, international workforce. On the one hand, CoinEx ought to present protected, secure, easy, and easy-to-use merchandise to fulfill the demand for crypto trades amongst traders. On the opposite hand, within the inherently globalized blockchain market, we want a worldwide workforce for promotion in numerous markets in order that CoinEx can be out there to customers in additional international locations and areas.

Q: Right now, most traders are solely involved with their speedy earnings whereas ignoring their long-term pursuits. What is your suggestion for such traders? Why ought to they select to buy and maintain these tokens over the long term?

Haipo Yang: Investment is a extremely specialised discipline. We all know that one must learn to swim earlier than leaping into the pool. However, most individuals have had no coaching earlier than diving into the funding market. Throughout the years I spent in funding, it has turn into clear to me that the failure fee of short-term buying and selling, particularly extremely leveraged trades, is staggeringly excessive, and only some extraordinarily gifted traders win the sport. For most individuals, long-term funding guarantees a better success fee. However, this isn’t to say you could sit again and calm down after making a purchase order. Instead, we have to keep up to date on the developments of the goal challenge. More importantly, we should always embrace new developments and ideas that preserve popping up with an open thoughts and seize the most recent crypto traits by adjusting our funding portfolio.

Q: There should be an skilled workforce behind all the nice options of CoinEx. Could you discuss your workforce and their background?

Haipo Yang: We do have wealthy experiences within the crypto trade. In the early days, I had labored as a software program engineer at Internet giants like Tencent. After going into the blockchain house in 2014, I had been concerned within the improvement of mining machines, mining swimming pools, cloud hash fee providers, wallets, exchanges, and public chains. To me, safety and the related background are all the time a precedence. As a end result, CoinEx has by no means suffered any main safety breach. I began my very own firm in 2016. Most of our employees are recruited and educated by me personally, and lots of of them have a powerful background of their discipline. Over the years, the workforce has been fast-growing. Right now, CoinEx is powered by a workforce of greater than 200 staff throughout the globe, over 60% of whom give attention to merchandise and R&D.

Q: After the launch of many video games that assist cryptos, will CET provide extra assist for video games?

Haipo Yang: I’ve robust religion within the prospect of GameFi as a result of video games and blockchain make for an ideal mixture. Last 12 months, we constructed CoinEx Smart Chain (CSC), which adopts CET as its built-in token. To broaden the CSC ecosystem, we now have launched funding and assist applications price $50 million, with a give attention to DeFi and GameFi. As the CSC ecosystem continues to develop, the worth of CET can even develop increased.

Q: What units CoinEx aside from the numerous exchanges on the market?

Haipo Yang: If I used to be requested to summarize CoinEx in a number of easy phrases, my reply can be safe, simple to make use of, dependable, and international. As the most important menace within the crypto world, safety is the highest concern of CoinEx. Keeping your property safe has all the time been our No.1 precedence. Meanwhile, CoinEx can be striving to create merchandise which are simple to make use of. We purpose to supply improved consumer experiences and meet customers’ wants for crypto trades throughout the board. Additionally, to make sure that every asset listed on CoinEx meets our itemizing standards, and to offer dependable choices for customers, CoinEx conducts in depth opinions for all property on its platform. In the inherently globalized blockchain market, we now have continued to localize our merchandise in order that they are going to be accessible to each individual on the planet.

Q: Do you intend to create a CoinEx pockets the place we are able to maintain/stake CET and turn into long-term holders?

Haipo Yang: Apart from storing CET on CoinEx, we advocate utilizing ViaWallet, which is a decentralized pockets developed by the CoinEx workforce that helps a number of cryptos. It permits customers to handle a number of in-wallet property on a single software. On ViaWallet, you possibly can retailer and stake CET to get extra advantages. Moreover, you may also faucet into initiatives within the CSC ecosystem. In the long run, because the CSC ecosystem matures, there can be much more eventualities the place CET can be utilized.

Q: As a CET holder, I’d like to seek out out extra about CoinEx’s launchpad.

Haipo Yang: The launchpad is a key product on any trade. However, we’re additionally very cautious as a result of funding includes nice dangers. To this finish, we now have made tons of preparations to be sure that the initiatives we launch promise prime quality. What I can inform you is that launchpad is coming quickly

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