Dear CoinEx users,
Details of CoinEx's monthly ecology report for May are as follows.
1.CET Statistics
a. Burning details
63,845,487.84 CET was repurchased in May 2021, a total value of 5,577,640.74 USD.
So far, CoinEx has cumulatively burnt 5,687,018,325.23 CET.
The Monthly CET Repurchase & Burning: May, 2021
b. Circulation status (as of May 31, 2021)
Existing amount: 4,376,827,162.61 CET
Circulating amount: 4,155,093,158.76 CET
Deflation rate of circulating capital this month: 1.54%
Note: Deflation rate of circulating capital= Total repurchase this month/ Total circulation this month = 63,845,487.84/ 4,155,093,158.76≈0.0154
About CET: https://www.coinex.com/token
2. CoinEx Updates
a. Statistics
Compared with April 2021, CoinEx’s Spot trading volume and Perpetual trading volume in May 2021 increased by 80% and 114.56% respectively. Currently, CoinEx has supported 274 cryptocurrencies and 526 trading pairs.
b. Newly listed cryptocurrencies
CoinEx listed ICP, XCH, ALPACA, SHIB, BAKE, MDX, SRK, WIN and other 34 coins/tokens in May. Their prices and changes are as follows:
Name |
Opening Price (USDT) |
Highest Price (USDT) |
Max. Change |
SHIB |
0.0000071199 |
0.0000450000 |
532.03% |
LAT |
1.1400 |
5.6000 |
391.23% |
RLC |
4.1737 |
19.0000 |
355.23% |
TRB |
156.51 |
399.00 |
154.94% |
CTSI |
0.7946 |
1.7802 |
124.04% |
WAN |
1.9656 |
4.0000 |
103.50% |
POLY |
0.218000 |
0.396200 |
81.74% |
DENT |
0.00306106 |
0.00490000 |
60.08% |
STC |
0.6000 |
0.9500 |
58.33% |
BRG |
0.180000 |
0.270000 |
50.00% |
c. Activities
In May, CoinEx distributed a total of 1,000,000 USD in the following activities:
· BRG Listing Campaign: Deposit&Trade BRG and Hold CET to Share 40,000 USD Worth of BRG
· VLX Listing Campaign: Trade VLX and Hold CET to Share 18,000 USD Worth of VLX
· SRK Listing Campaign: Deposit&Trade SRK and Hold CET to Share 18,000 USD Worth of SRK
· STC Listing Campaign: Trade STC and Hold CET to Share 20,000 STC
· NULS Listing Campaign: Trade to Share 3,000 NULS
· WIN Listing Campaign: Lock & Stake WIN to mine 500,000 CET
· PROPS Listing Campaign: Trade to Share 50,000 PROPS
· First Batch of Market Making Mining: Share Mega Reward of 5,000,000 CET
· First Batch of Stake Mining: Lock & Stake CET to mine 500,000 ONES
d. Features & Services
· Released CoinEx Smart Chain, unveiling Seed Fund Plan at the same time
· Launched service of Buy Crypto via Advcash, supporting Visa, Mastercard payment
· Completed KNC smart contract swap, SAI smart contract swap and change of token name, SUN token splitting and smart contract swap
· Added CET/USDT pair in leverage market
· Supported finite interval AMM in 4 stablecoin markets
· Adjusted some of the listed pairs, adding 16 USDC pairs
· App optimized, adding Spanish, Russian, Japanese and Korean
· Optimized Trading section regarding charts, dimensions, categories, info update
· Released brand new referral rewards of Inviting friends to earn up to 40% commission together
e. Market updates
· For the convenience of Arab users, satushiat, a local blockchain media in the Arab region, published an article titled [CoinEx Tutorial].
· CoinEx and Fat Totoro community launched the AMA theme event: "Rise of Turtlecoin: CoinEx AMM's Magic Spell”.
· On May 22, CoinEx launched a global SNS lucky draw, tributing to Pizza Day, to celebrate the Bitcoin Pizza Festival with users around the world.
· On May 28, CoinEx's English official Twitter account exceeded 50,000 followers.
· Criptonoticia, a well-known local blockchain media in Spain, released a report on the recruitment of CoinEx ambassadors and a comprehensive introduction of CoinEx;
· CoinEx has been listed in the ranks of "Best cryptocurrency exchanges in Venezuela/Colombia/Mexico" and "Top Crypto Exchange Affiliate Marketing Programs of 2021" by the well-known blockchain media BeInCrypto due to the advantages of safe and stable transaction user experience and support for high-quality currency assets.
· BANANO and Velas jointly organized two AMA events in the Spanish-speaking community with CoinEx;
· Forklog, a well-known Russian blockchain media, interviewed CoinEx CEO Yang Haipo on the future development of CoinEx and the expansion in Russian market.
· Yahoo! Finance, The Antlers American and other mainstream media platforms forwarded articles related to the launch of CoinEx Ambassador Agency.
3. CoinEx Institution
· Exclusive analysis:
Basic Concepts of ETH You Need to Know
Noteworthy Projects After Uniswap V3 Is Live
· Feature introduction:
· Trading tutorial:
Newbie-friendly Tutorial: Steps of Perpetual Trading on CoinEx
4. About CoinEx and CET
· CoinEx core team members are from world leading internet and finance companies, including the earliest adopters/professionals of cryptocurrency who boast rich experience in R&D and global operations in the industry. With its proprietary trade matching system and excellent user experience, CoinEx is dedicated to building a highly secure, stable and efficient digital coin exchange for global users. CoinEx now supports multiple languages and are providing global trading services in over 100 countries/regions.
· CET (CoinEx Token) is a value-added service and privilege scheme based on CoinEx ecosystem and is applicable to various scenarios. The applications of CET include but not limited to:
a. Long-term repurchase and burning
CoinEx will automatically repurchase and burn CET every day with 50% of its transaction fee income, and burn all the CET repurchased monthly at the end of each month, until the total supply of CET reduces to 3 billion. When the “3 billion” target achieved, CoinEx will continue to use 20% of its fee income for CET repurchase and burning until CET is completely burned.
b. Deducted as transaction fee
CET can be deducted directly with the same market value as transaction fee at a dedicated discount.
c. VIP services
Users with a certain amount of CET can become VIP to experience services such as fee discount, withdrawal acceleration, exclusive customer service, etc.
d. Promotional campaign privileges
CET holders will enjoy special privileges for promotional campaigns on CoinEx, including token airdrop incentives, voting for token listing, quality project investment opportunities, etc.
e. Built-in token on CoinEx Smart Chain
As a built-in token for CoinEx Smart Chain to circulate and act as gas, CET is based on the POS consensus protocol, decentralized and energy efficient, helping users easily build their own decentralized applications.
CoinEx Team
June 10, 2021
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