Crypto Hibernation Arouser

Crypto Hibernation Arouser

Speaking of regulations, however, Russia may deliver some comfort in a rather queer fashion. At the annual Gaidar economic forum, Dmitry Medvedev, Russian Prime Minister sounded his support for cryptocurrency by being quoted as saying:

[In the context of the volatile crypto market of 2018] But this, of course, is not a reason to bury them [cryptocurrencies]. There are both light sides and dark sides, as in any social phenomenon, in any economic institute. And we should just watch closely what happens to them.

His address on the crypto was one of his touches which covered global protectionism, social inequalities and the global digital transformation. These are challenges needs joint efforts conducted by countries aiming to make the planet a better place.

Zoom out to the decade of crypto and of blockchain, experimental/pilot projects, along with furtive cryptocurrency or token projects went a quite turbulent journey under the very support of Bitcoin and Ethereum. In the process, crypto trading platforms formed and collapsed, nowhere to be found. In lieu of the current market, the survival or death battle went on and amounted to a horrid level, forcing the platforms to take ever-progressive measures to be the standout.

But the role of their users cannot ever be forgotten. Investors are the fundamental part of daily crypto swaps throughout the crypto history. Taking their preferences and trust into consideration and act upon it with unshakable resolve is the key. 

For users of a crypto trading platform, every delisted and “turn to zero” digital asset drained them of their trust to the exchange and in the end, an abandoned exchange was doomed. Foresight and a panoramic vetting system are the default setting a would-be user will watch before they stationed their trading bases.

What consists of a qualified token/crypto project? Consensus and a firm application are the musts, which leads to the question of: are massive listings needed for every crypto exchanges? Clearly, the answer is a big NO.

Coinyee may be your best choice when talked about select token/crypto listing and application-oriented vetting system. Small by the market size, but in crypto industry, things are normally judged by their intrinsic value rather than the longevity.

In 2018, Coinyee listed TRIP, the platform token of Trip.org APP. The latter served as the representative of blockchain-powered token economy. Its debut was widely praised by the industry participants. Soon after its launch, NLF, the derivative token of New Life APP was announced live on Coinyee exchange. Other successors were ECOIN and RCOIN, the public-blockchain based token projects seeking to address the global payment use cases.

Post decade-long development, crypto market is still no soon to be mature like other weathered market peers. For crypto exchanges, they cannot loosen their resolve to serve the greater users out there who never stop making contributions to the ever-increasing market. The co-founder of Coinyee once said, crypto exchange is better deemed as lubricant than the market engine.

Being a secure, professional, perfecting and considerate exchange is ever the goal and service code for its users. Not to speak “make the world a better place” until you’ve made the market a better place. Coinyee sticks to it with nonstop advance.

By: Avery

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