CoinEx Monthly Report (June, 2021)

Dear CoinEx users,

Details of CoinEx's monthly ecology report for June are as follows.

1.CET Statistics

(1)Burning details

45,180,254.19 CET was repurchased in June 2021, a total value of 2,615,977.37 USD.

So far, CoinEx has cumulatively burnt 5,732,198,579.42 CET.

The Monthly CET Repurchase & Burning: June, 2021

(2)Circulation status (Up to June 30, 2021)

Existing amount: 4,267,801,420.58 CET

Circulating amount: 4,109,912,904.58 CET

Deflation rate of circulating capital this month: 1.10%

Note: Deflation rate of circulating capital= Total repurchase this month / Total circulation this month = 45,180,254.19 / 4,109,912,904.58 ≈ 0.0110

2.CoinEx Updates

(1)Statistics

Compared with May 2021, CoinEx’s Perpetual trading volume in June 2021 increased by 19.63%. Currently, CoinEx has supported 296 cryptocurrencies, with 555 spot trading pairs, 148 margin trading pairs and 55 Perpetual Contracts markets online. 

(2)Newly listed cryptocurrencies

CoinEx has listed MINA, MONA, HARD, SLP, FLUX, VTC, CSPR, CELR, BIFI and other 24 coins/tokens in June. The prices and changes are as follows:

(3)Activities

In June, CoinEx distributed a total of 457,000 USD in the following activities:

· MONA Listing Campaign: Deposit & Trade MONA to Share 17,000 USD Worth of MONA

· FLUX Online: Deposit&Trade FLUX and Stake CET to Share 30,000 USD Worth of FLUX 

· CoinEx List VLX/BTC, Join in AMM Mining to Share 280,000 VLX

· First Batch of CoinEx Market Maker Incentive Program: Share 200,000 USDT Exclusive Prize Pool For Spot Market

· 2nd CoinEx Market Maker Incentive Program: Share 200,000 USDT Exclusive Prize Pool For Perpetual Contracts

(4)Features & Services

· CoinEx Smart Chain (CSC) Mainnet was officially released to the public on June 30, 2021 (UTC)

· CSC Seed Fund of millions of US dollars was founded to recruit outstanding developers from all over the world to build decentralized applications on CSC

· Persian version is added on website

· “Buy Crypto via Xanpool” Service Launched, more accesses for CoinEx users

· Supporting VET Hard Fork Upgrade, FNX Rename and Token Replacement

· 6 new perpetual contracts trading pairs listed, including 4 USDT-M perpetual contracts and 2 Coin-M perpetual contracts

· 7 New Coins added to Financial Account

· 81 Margin Pairs with 42 Cryptocurrencies Listed

(5)Market updates

June 15, CoinEx founder Yang Haipo accepted an interview with ChainCatcher and shared his views on the bull market, public chain, and DeFi.

June 16, CoinEx sponsored the Belarusian Father’s Day event, which was published in the Russian blockchain media information section.

June 16, CoinEx's official Persian Instagram account @coinex_persianofficial and Persian Twitter account @CoinEx_official were opened.

6月16日, Jinse Finance, Shilian Finance, Bitcoin86 and other media reported the news of the CoinEx Smart Chain Testnet Online.

June 17, CoinEx was invited by the well-known Taiwanese media Grenade to launch an AMA event in the Grenade community with the theme "Become a CoinEx Ambassador and Gain Extra Benefits in the Turbulent Market”.

June 18, the news section of the Japanese media Coinpost exchange launched the CoinEx announcement simultaneously, and Japanese users can view the latest news of CoinEx in real time.

3. CoinEx Institution

·Product Info:

Earn More Income without Trading through CoinEx Financial Account

CoinEx Smart Chain Launches the Testnet and Releases the Whitepaper

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 provides 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:

(1) Long-term repurchase and burning

CoinEx will automatically repurchase CET daily with 50% of its transaction fee income, and burn all the CET repurchased at the end of each calendar month, until the total supply of CET reduces to 3 billion. When the "3 billion" target is achieved, CoinEx will continue to use 20% of its fee income for CET repurchase and burning until it is completely burned.

(2) Deducted as transaction fee

CET can be deducted directly with the same market value as transaction fee at a dedicated discount. 

(3) VIP services

Users with a certain amount of CET can join VIP to experience services such as fee discounts, withdrawal acceleration, exclusive customer service, etc. 

(4) 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. 

(5) 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

July 5, 2021

Follow us Facebook | Twitter  | Reddit
Contact us Support | Telegram
About us Website | Announcements | APP