CoinEx, a global digital asset exchange platform, is taking a different approach from other exchanges by openly sharing their listing strategy. Gigi Feng, the Product Director of CoinEx, believes that transparency in their listing strategy helps build trust with users.
1. Why is CoinEx willing to disclose their listing strategy?
Gigi: In the current cryptocurrency market, exchanges are the preferred way for ordinary investors to participate in new projects. However, many investors face significant risks by participating in projects without fully understanding them. Therefore, understanding the listing strategy and related information of exchanges can help investors better evaluate potential returns and risks.
By publicly sharing their listing strategy, CoinEx aims to establish long-term trust with users. They want users to feel secure and understand how the platform operates. Additionally, publicizing the listing strategy serves as an obligation to educate the market and help investors understand volatility and how to identify high-quality projects, guiding them to make more informed investment decisions.
With the market rapidly changing, CoinEx believes in keeping up with the times by sharing their strategy. By promoting the rapid flow of information through strategy sharing, CoinEx aims to enhance user understanding of the cryptocurrency market dynamics, enabling them to quickly adapt to changes and promoting professionalism and transparency in the industry.
2. We understand that CoinEx is involved in exchanges, mining pools, public chains, and wallets, so your team that explores potential projects has extensive experience. Can you share the indicators that make up your evaluation criteria?
Gigi: Since its establishment, CoinEx has always adhered to the “good, fast, and comprehensive” listing strategy, strictly controlling the quality of listings. They are committed to value discovery and providing users with high-quality innovative digital assets.
Over the years, CoinEx has accumulated deep professional market experience in this rapidly developing industry, witnessing the rise, evolution, and decline of numerous emerging projects. These experiences have led to CoinEx’s multi-dimensional evaluation criteria for assessing potential projects. Their team systematically categorizes projects based on professional investment experience and establishes corresponding evaluation criteria for each category, aiming for impartial and professional long-term value assessment.
In project evaluation, CoinEx considers multiple dimensions, including the project team’s vision, background, professional capabilities, and practical applications. They also evaluate the uniqueness of technological innovation and its alignment with market demands, the scalability and security of technical foundations, the rationality of token economics, and the project’s community activity and industry influence.
Risk assessment is also crucial to ensure the feasibility of technical implementation. These factors intertwine to map out the overall development potential of projects. By comprehensively considering these indicators, CoinEx conducts in-depth evaluations to uncover opportunities with true potential and long-term value. This not only provides users with secure and reliable investment choices but also promotes the healthy development of the entire blockchain ecosystem.
3. How do you determine the forward-looking and future-oriented aspects of a project? At what stage should a decision be made to pursue or not?
Gigi: When evaluating the forward-looking and future-oriented aspects of a project, key points include:
Technological trends: Whether the project adapts to current and future technological trends, such as decentralized finance (DeFi) and non-fungible tokens (NFTs).
Application scenarios: The project’s application scenarios should be extensive and able to meet evolving market demands.
Competitive advantages: Whether the project has a competitive edge among similar products and how it can sustain that advantage.
User growth potential: Judging the project’s future expansion capabilities through community activity and user growth trends.
Regarding the timing of decision-making, we usually conduct evaluations at several key stages:
Initial stage: Initial assessment is conducted when the project is first exposed to understand its foundation and the team’s potential.
Technical development stage: Tracking the dynamic of project technical development to ensure it progresses according to the plan.
Market promotion stage: Further evaluation is conducted when the project gains market attention and community participation to assess its market acceptance.
In summary, we make decisions based on the project’s development stage and market dynamics, ensuring the maximization of investment opportunities. This comprehensive evaluation criteria enable CoinEx to more effectively identify projects with long-term development potential, providing users with secure and reliable investment opportunities. This not only reflects our deep understanding of the market but also enhances the platform’s competitive advantage, thereby driving CoinEx to continue leading the industry’s development.
4. Is it better to have more or fewer listings? Why did the cryptocurrency circle believe that having fewer listings is safer or more stable?
Gigi: CoinEx has a comprehensive listing system and currently supports over 1200 high-quality cryptocurrencies with more than 1700 trading markets, enabling global crypto users to achieve diversified investment patterns.
Using CoinEx as an example, we support a diverse selection of cryptocurrencies to meet users’ different needs. More listings mean users can make a wider range of investment decisions based on their investment preferences and market trends.
Additionally, we strictly monitor the performance and security of each listed cryptocurrency on a regular basis, ensuring that each listed cryptocurrency has undergone rigorous evaluation as a trusted project. This ensures the safety of users’ funds and investment value while maintaining the overall trustworthiness of the platform.
5. With more and more exchanges listing memecoins, what is your view on memecoins? Do the selection criteria for memecoins differ from other cryptocurrencies?
Gigi: Regarding the increasing listing of memecoins on exchanges, we believe that each type of cryptocurrency has its unique market characteristics and target audience. Therefore, different types of cryptocurrencies should adopt flexible evaluation criteria.
The CoinEx team categorizes cryptocurrencies based on their extensive crypto investment experience to establish specific evaluation criteria.
This diversification of evaluation criteria enables CoinEx to better adapt to market dynamics and the characteristics of different cryptocurrencies, ensuring users have a wide range of choices and high-quality investment opportunities. CoinEx is committed to becoming a user-friendly platform, helping every user make informed choices in the ever-changing crypto market.
6. How do you think the future trend of listings on exchanges will evolve? Will listing transparency increase?
Gigi: The future trend of listings on exchanges undoubtedly will move towards more openness, transparency, and compliance. As the cryptocurrency industry continues to mature, we can foresee several important trends:
Stricter and more transparent listing standards: Early cryptocurrency markets lacked regulation, and many projects were listed without a clear process, resulting in potential risks. However, as regulations gradually strengthen, market participants demand increased safety and legality. Exchanges will evaluate projects more cautiously, considering factors such as compliance, technical innovation and feasibility, team background, and community support. This will reduce the appearance of low-quality projects in the market.
Community and user participation in listing decisions: Future exchanges may encourage user participation in listing decisions, giving users more voice and voting rights. This will prompt exchanges to pay more attention to community feedback, enhancing user engagement and a sense of belonging.
Diversified financial products: In addition to traditional cryptocurrency trading, exchanges will continue to expand their financial product offerings, including derivatives, fixed-income products, and asset management services, to meet users’ diverse investment needs.
In this context, CoinEx will continue to provide a secure, efficient, and transparent trading environment. They will strengthen project evaluation and monitoring to ensure users’ investment safety. CoinEx will also actively adapt to industry changes and flexibly adjust their services to continuously enhance user experience.
We believe that with the continuous improvement of transparency, compliance, and technological innovation, the cryptocurrency industry and exchanges will enter a healthier and more sustainable development stage. CoinEx looks forward to witnessing this process with users and continuing to play an important role in the expanding market.
7. CoinEx has been established for a long time, and your experience with listings over the past seven years has informed you of the signals that indicate a project is dangerous. What signals indicate danger?
Gigi: Yes, CoinEx has been established for 7 years, and we are honored to have walked this important journey with global crypto users. Over the past seven years, we have continuously worked to improve user experience and platform security, always putting users at the center and striving to provide users with richer and higher-quality financial services. This year, CoinEx’s ecosystem has continued to enhance brand awareness, improve products and services, and expand into more markets. Our long-term goal is to create a user-friendly trading platform. We will continue to optimize our product matrix, create an equal trading environment, and provide users with fast, easy, and secure services.
Therefore, CoinEx regularly conducts follow-up reviews of listed projects and decides whether to add or remove ST (Special Treatment) tags based on the latest evaluation results. The ST tag serves as a warning for listed projects that may face special risks, reminding users to invest cautiously. This measure not only helps users identify risks more easily but also promotes a transparent trading environment, enabling users to make more informed decisions.
In the future, we will continue to pay attention to market dynamics, deeply explore user needs, continuously innovate products and services, and strive to lead the trend in the ever-changing crypto industry. We also thank every user for their companionship and support. It is your trust that motivates us to constantly move forward. We look forward to sharing CoinEx’s growth and achievements with everyone during our upcoming 7th-anniversary celebration event.
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