The future is Promising: CoinW ‘s 5th Anniversary Open Letter to Crypto Users

CoinW Exchange
6 min readNov 2, 2022

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Dear CoinW users, partners, media friends, and crypto enthusiasts,

Hello everyone!

Five years ago today, CoinW was officially established. In the past five years, we have witnessed the prosperity, as well as the chaos and turmoil of the industry. We know that the more the industry changes rapidly, the more we must maintain the original aspiration of being user-centered. Only by always remembering to create value for users, can we sail forward smoothly in the wave of industry changes.

Passionate for five years, the light is fleeting. On the occasion of the fifth anniversary of the establishment of CoinW, we would like to express our high respect and heartfelt thanks to all of you! At the same time, we will carry out a series of anniversary celebration activities with the theme of “Build together Create the future “. It condenses users’ confidence, enhances users’ sense of belonging, and at the same time conveys the belief and responsibility of CoinW and industry users to “go forward hand in hand”.

Five years of prosperous pursuit of light:

Turning back the clock to 2017, the story of CoinW begins, birthing a new entry of a digital asset trading platform that offers standard asset trading service, placing users first.

In the year, 2017 , a group of tech veterans from Alibaba, Oracle, Google and the financial securities industry, jointly built the prototype of CoinW . Encountering ebbs and different challenges, five years of trials and hardships, five years of fruitful endeavors and successes, we have been continuously contributed positively to the blockchain ecosystem and forging ahead with a transformative focus.

Looking back on the past five years, CoinW has always believed in the power of faith. Whether it was in 2017, a year of explosive exchanges and fierce competition; or 2018, when the market was sluggish, thousands of people leaving the market, and many exchanges closed; or 2019, when regulation and bear market came; In 2020 , which affects the global economic recession and industry regulation becomes more and more stringent , CoinW always believes that cryptocurrencies can make the world a better place. It is precisely because of this belief that CoinW has never stopped moving forward, and has never given up its determination to become the world ‘s top crypto asset trading platform.

In the past five years, we have always insisted that a sound product ecosystem is the way to operate an exchange. From the spot trading offering at the beginning of its establishment to the current contract, OTC, ETF, CoinW Earn, FansUp and other businesses, under the premise of the continuous improvement of the ecological layout , various businesses have also led the development of the industry. For example, the depth of the contract has reached the first place in the entire industry, the launched 0-fee spot trading is also the first in the industry. In addition, we have also established CoinW Research Institute, CoinW Ventures , Hyper lab and other institutions to start the layout of research, investment and incubation of the entire industry chain.

For the past five years, we have always insisted that security is the foundation of the exchange. We continuously improve the security construction of our network and trading system. At the same time, we also cooperate with renowned security companies such as Knownsec to develop more than 100 security and risk control measures. Through strict technical standards and the support of multiple risk control systems, we provide global users with safe and stable services.

Also in the past five years, we have always insisted that “user first” is the source of the development of the exchange . Users from more than 200 countries and regions around the world can use our products without barriers by switching languages. Our transaction data has steadily increased. From January to July, 2022, the cumulative transaction volume of CoinW exceeded 450 billion US dollars, the number of real registered users has exceeded 8 million , and the daily transaction peak reached 20 billion US dollars.

In the past five years, we have always insisted that the global development strategy is the pursuit of the exchange. Since 2022 , we have landed in Spanish La Liga, launched a charity campaign to care for children in Africa, titled the Global Fighting Championship Kunlun Finals, released a limited-edition joint NFT , became the official partner of the 2022 East Asia Cup, appeared in many international blockchain exhibitions and won Numerous international awards. We have been working hard to develop into a more professional and global platform.

Additionally, we have always adhered to compliant operation as the way to survive and the premise of global development. We strive to maintain good cooperative relations with governments of various countries, and continue to explore the global market on the basis of compliance. At present, it has obtained financial licenses such as MSB in the United States, MAS in Singapore, MSB in Canada, Lithuanian financial regulator, SVGFSA, and FSRA in Abu Dhabi. In addition to the above licenses, we are also continuing to apply for financial licenses from other countries and regions.

From 2017 to 2022, 5 years, 1825 days, CoinW has come a long way from establishment to maturity, it is not easy. A big thanks to our users who have accompanied us along the way , which has strengthened our pace of continuous innovation and striving to move forward; thanks to our partners for their great help, let us witness a better future together; thanks to the joint efforts of our global partners to help us successfully spread our footprints to more than 200 countries and regions around the world, and help us to become a world-class crypto asset trading platform; thanks to the media friends who have reported us all the way, as these professional and objective voices guide the industry to develop in the right direction. Thanks to the fellow companies who have worked together with us on the way, to pursue our beliefs and dreams, your presence has constantly spurred us to continuously improve our products and become a better version of ourselves. Finally, thanks to the CoinWers who fought side by side. In the face of the slander and controversy to the blockchain in the mainstream world, you are fearless, regardless of the gains and losses, and choose to work hard with the platform to find the value of the blockchain and realize the world-changing dream.

From exploration to perseverance, from development to growth, the five-year process has clarified our development direction and strengthened our progress.

In the future, we will still not forget our original aspiration and continue to improve our core competitiveness from multiple dimensions such as products, risk control and safety, technology, and services. Through channeled efforts and active innovation, CoinW will continuously improve the ecosystem and security system of CoinW, create a new model of technology and finance for users, and lead the new trend of industry development.

Here, we issue the next “five-year agreement”to our users: we invite you to witness the growth and development of CoinW in the next 5, 10, and indeed 20 years.

The seed of hope lights up the creation of CoinW; With our beliefs to boost the rising sun of the development of the blockchain industry; now, we are standing on the peak of the fifth anniversary, looking up to the next higher peak of the fifth anniversary,we hope you will witness this with us.

CoinW

2022.11

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CoinW Exchange
CoinW Exchange

Written by CoinW Exchange

Established in 2017, our top-tier integrated trading platform offers futures trading and a range of other services to over 7 million users globally.

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