2018 CoinTiger’s Annual Report: Summary of Live AMA Session

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CoinTiger

3 min readApr 26, 2019

The official release of 2018 edition of CoinTiger’s annual report on April 11, 2019, was greeted by mixed reactions from the public. While some folks commended the content of this report, others cited certain grey areas that required appropriate clarification.

In response to the critical questions raised by some users regarding this published annual report, CoinTiger’s CEO, Frank Ling held an exclusive live Chinese AMA session. Most of the questions raised bordered mainly on the platform’s strategic developmental plans, value for users, trade, combinations of transactions, rights, and equity of TCH, about plans for campaigns, advertisements, marketing, and so on.

At the end the live AMA session, the CEO provided clear and satisfactory answers to these inquiries with a view to fostering a healthy relationship with the exchange’s valued investors.

Here are the summarized answers and explanations from the CEO of CoinTiger that was taken, adapted, and shared on this occasion:

Regarding the strategic development of exchange and value for users…
CoinTiger will gradually expand its scope of operations into new directions. Given that the entire market is still at its early stage of development, it is rather too early to talk about diversions. However, CoinTiger will explore this direction, the glaring challenges notwithstanding.

Regarding trading and transaction combinations…
CoinTiger has reaffirmed its commitment towards increasing the number of members and improve network quality. Despite the persistent external and regional technical challenges adversely limiting our network connection including domain name pollution, CoinTiger has succeeded in overcoming them. As a matter of fact, trading experience on the exchange has tremendously improved since last year’s December. As for the combination of transactions, CoinTiger will further improve requisite efficiency.

Regarding the rights and equity of TCH…
CoinTiger is considering mapping equity into its currency or combining efficient tools that provide a solution for long-term developmental challenges. This will certainly attract and sustain more shareholders in the future.
At present, CoinTiger rewards TCH holders and intends to offer more incentives to users who execute large-scale trades, members of staff and external partners who assist with security tests and positively contribute to the growth of the platform. Moreso, CoinTiger is set to utilize TCH as a core capitalization tool to invest in promising projects including its indigenous project, TCH. By so doing, it will guard against future risks.

Regarding data integrity and security
The import of data accuracy and authenticity cannot be overemphasized particularly in such an industry, hence, CoinTiger hopes to improve all operations aimed at actualizing this core task via partnerships.

Regarding ads, campaigns, marketing, and so on…
CoinTiger is given to maintaining its low profile stance rather than needless large-scale advertisements. This is particularly so considering the impact of last year’s bear market which in no significant way affected the influx of new users to the platform. It is important to state that until there is stability in the entire market especially in the value of assets with real use cases, users’ interests will not be triggered. However, for business development this year, CoinTiger will continue strategic co-operation that will establish its presence in overseas markets such as in Vietnam, South Korea and several other markets in Southeast Asia as well as several other English-speaking countries with intense efforts in May.

In conclusion
From the foregoing, it is evident that CoinTiger’s focus on enhancing the satisfaction of its users will spur it to synchronize its developmental strategies in line with globally acceptable standards and to ultimately transform the scope of global digital asset trading in the near future.

About CoinTiger:

CoinTiger is a global and innovative digital assets exchange platform which provides multi-cryptocurrency trading service including multi-language support for blockchain enthusiasts around the world.

Since the platform was launched, it has continuously iterated with a steady upgrade and now has an increasingly mature ecosystem comprising web, iOS, and Android clients application and comprehensive exchange services including cryptocurrency trading, Ticker Capital, Labs, IEO, and voting for listing program. Currently, CoinTiger users have topped 1.8 million and are from more than 40 countries and regions in Asia, North America, Africa, and Europe.

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