#Cryptocurrency #South Korea #Seoul #Deepcoin #Black Combat

Deepcoin's 2024 Year in Review

Overview

2024 has been a pivotal year for Deepcoin as it has made substantial leaps in the global cryptocurrency market. With a commitment to innovation and excellence, Deepcoin has introduced numerous products, expanded its services, and solidified its global footprint. The company's performance metrics and community engagement throughout the year set the stage for a promising 2025.

Achievements Across Multiple Fronts

Deepcoin successfully outperformed many expectations in several key areas, including:

• - Record-Breaking Trading Volumes: Futures trading saw almost a tenfold increase year-over-year, while spot trading surged nearly six times, showcasing a remarkable rise in user engagement. Daily active users tripled, and the total number of trading pairs expanded by over 42%, indicating a growing platform appeal.

• - New Product Launches: In 2024, over 20 innovative features were added to enhance the trading experience and improve fund security. Notable introductions included Chasing Limit Orders and various enhancements to copy trading features, all focused on simplifying the user journey and maximizing efficiency.

• - Outstanding Customer Support: Deepcoin's customer service team managed to resolve over 400,000 inquiries in 12 languages, demonstrating its commitment to user satisfaction. Impressively, they maintained an average response time of under 30 seconds, furthering trust and reliability.

Compliance and Security Initiatives

Security remains paramount in the crypto world, and Deepcoin has made significant strides in this area:

• - CODE Travel Rule Solution Integration: Deepcoin became the first overseas exchange to integrate this solution in January 2024, enhancing transaction transparency and security across virtual asset transfers.

• - Hong Kong TCSP License: In July 2024, Deep Custodian Limited was awarded a Trust or Company Service Provider License. This development allows Deepcoin to legally offer secure custody services for digital assets, further solidifying its regulatory compliance and commitment to safety.

Market Position and Brand Endorsements

In terms of market presence, Deepcoin achieved impressive metrics:

• - It verified reserves of over $200 million with a liquidity ratio exceeding 100%, ranking seventh among derivatives exchanges on CoinMarketCap.
• - Moreover, Deepcoin took on the role of title sponsor for the Black Combat MMA league in South Korea, enhancing its brand visibility and engaging a younger audience. This partnership underscores the synergy between fostering sports and promoting cryptocurrency adoption, aligning both passions in a marketplace driven by excitement and dynamic engagement.

Participation in Major Web3 Events

Deepcoin played an active role in several significant industry events throughout 2024:

• - Being present at prominent gatherings such as the Hong Kong Web3 Festival and the Dubai Token2049 solidified its reputation as a leader in cryptocurrency. The company hosted side events aimed at facilitating collaborations with industry spokespersons and investors, proving that networking is a key strategy in maintaining relevance.

Vision for 2025

Ego Huang, the CEO of Deepcoin, remarked on the transformative nature of 2024. He emphasized that innovation, regulatory compliance, and market expansion were pivotal in optimizing the trading experience. Looking forward to 2025, Deepcoin aims to further refine product functionalities, promote compliance within the industry, and continue delivering groundbreaking solutions to its users.

About Deepcoin

Founded in 2019, Deepcoin has achieved significant milestones with over 10 million registered users across 30 countries. The exchange has facilitated over $1 trillion in cumulative trading volume, making it a key player in the trading of cryptocurrencies. Deepcoin focuses on providing comprehensive trading options and customer support, empowering both individual and institutional investors in the digital asset space. As it strides into 2025, Deepcoin is set to continue lifting the standards of cryptocurrency exchanges worldwide, driven by innovation, security, and user satisfaction.