Introducing to 99Ex: Creating New Values in Digital Assets
It has been a long time since the crypto Market has had a bright story, the entire market has entered the stage of the stock game, and a new round of reshuffle is about to start.
In front of the cookie-cutter exchange business, the 99Ex exchange has a different approach, focusing on broadening the market space and creating new values in digital assets.
Chaotic Market and the User-centered 99Ex
It was the darkest time of the cryptocurrency market in 2018, the bearish market started in the beginning of 2018 and kept going down throughout the whole year. The alt coins went down, exchanges collapsed, most importantly, many people lost faith in cryptocurrency even Bitcoin, over half of crypto practitioners and investors left the industry.
As an investor of cryptocurrency, noticed the market was full of fraud and scam, the CEO Jonny decided to found a crypto exchange which could help users to enhance wealth.
Cooperate with OKEx: See A Little Further by Standing on the Shoulders of Giant
OKEx, the world’s leading digital assets transaction exchange platform, uses GSLB, distributed server clusters, distributed storage, and multiple high-speed memory transaction engines. It supports various decentralized applications and allow users to issue their own digital assets and create their own digital asset transactions based on OKChain. So Jonny chose to cooperate with OKEx. So that 99Ex could share the user system, depth and liquidity with OKEx and relies on the experience of OKEx’s multi-year match-making system, counter system, hot and cold wallet system, fund clearing system, global multi-language customer service capability, customer identification and anti-money laundering systems to provides users with secure, stable and reliable digital asset trading services.
99Ex Established in the Most Desperate Time
The Price of Bitcoin dumped to $6,300 when 99Ex established in October 2018 and it touched the bottom when 99Ex Global Launch Conference held in Seoul, South Korea after 2 months. It was $3,200, it barely covered the cost of mining 1 bitcoin then. Born in the adversity, 99Ex team formed firm faith in crypto and muddle through.
Development Achievements So Far
Jonny and his team survived the bear market in 2018, met novel coronavirus pneumonia and quarantine in 2020. The whole team even worked at home for several months during quarantine, but did not slow down the development. So far, 99Ex ranks top 30 globally till this month with over 1 million registered users, 200,000 daily active users, 100 transaction pairs and $20 billion trading volume. It has attracted investment from OKEx, Collinstar Capital, LINK VC, and Chain Renaissance Capital.
New Path 99Pool
99Ex has successfully invested in and incubated 99Pool as it’s trump card, the value-sharing platform creates a variety of free mining modes and rewards users in the form of mining. Users can mine more freely and at the same time, they can pass on more advertising information to other users in the form of advertising sharing, and get more rewards. The Chinese market has achieved good results as an experimental base with over 1 million registered users and more than 190,000daily mining users, 99pool will soon launch an international version.
