HTX, one of the world's leading cryptocurrency exchanges, recently celebrated its 11th anniversary with a series of events under the theme "Turning Trials to Triumph." The event, held on August 7, saw the participation of Justin Sun, a member of the HTX Global Advisory Board, along with several notable crypto influencers. They shared their experiences in the industry and discussed HTX's future trajectory.
The blockchain industry has evolved significantly since the publication of the Bitcoin whitepaper in 2008, and HTX has been a key player for over two-thirds of that time. Justin Sun emphasized the importance of long-term development in the crypto space, which often goes unnoticed amid short-term market fluctuations. Despite these fluctuations, HTX has shown remarkable growth, with its trading volumes consistently placing it among the top two centralized exchanges globally.
This year, HTX introduced several new products, including Restaking, Trade to Earn, and Earn with Pending Orders, all of which have been well-received by users. Sun highlighted that the trading experience is central to their operations, and they focus on enhancing user experience to boost trading volume. Since November 2023, HTX has listed nearly 200 new cryptocurrencies, with 85% of them achieving a fivefold increase in value.
Sun compared managing a company to an iceberg, where the unseen aspects, such as security and regulatory compliance, are crucial. He outlined three short-term plans to help HTX reclaim its position among the top three exchanges: enhancing liquidity for major and newly listed coins, attracting new users, and improving user experience to become the best in the industry.
Sun also shared advice from Alibaba's founder, Jack Ma, emphasizing the importance of endurance in business. He expressed his ambition for HTX to become a centuries-old platform, akin to the longevity seen in some Japanese companies. HTX has successfully navigated multiple bull and bear markets, earning its status as a "living fossil" in the crypto world.
The competition among cryptocurrency exchanges is intense, but Sun believes HTX's strong brand value and close community ties give it an edge. Maintaining long-term customer trust and regulatory compliance are crucial for future success. Influencer Jianing Yu noted that HTX's commitment to long-term values has been a key factor in its success, especially within the robust Chinese crypto ecosystem.
Seasoned crypto players attending the event expressed strong faith in Bitcoin. UNAI YANG and Dr. K shared their deep connection with Bitcoin, while other participants offered investment advice, emphasizing the importance of not using leverage and only investing money one can afford to lose.
HTX has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem, thanks to the support of its users. To celebrate its 11th anniversary, HTX launched an event series offering rewards exceeding $10 million. Looking ahead, HTX aims to achieve higher security standards, enhance liquidity, improve user experience, and continue contributing to industry development, striving to become a century-old platform in the crypto space.
