HTX Global Market Records Impressive Growth, Platform Receives Honor at Blockchain Life 2024
HTX delivered a stellar report in October, characterized by notable growth in both market performance and user base. The platform experienced a 12% month-on-month increase in user registrations and a 15% surge in the number of users making deposits from the previous month, indicating increased user trust and engagement on HTX. Traffic data also showcased remarkable growth. Page views (PV) reached 42 million, reflecting a 10.5% month-on-month increase, while total exposures soared to 287 million, representing a 26.5% month-on-month growth.
The number of external links rose to 6.9 million, marking an increase of 1 million and a 17% rise from the previous month, indicating a steady upward trend in market heat for HTX. Keyword inclusion reached a new high of 51,700, a 41% month-on-month increase, further driving traffic growth.
From October 22 to 23, HTX made a prominent presence at Blockchain Life 2024’s Platinum Exhibition Area, while serving as an exclusive sponsor of the Business Networking Area. This initiative bolstered HTX’s brand and deepened its cooperation with the Middle East’s crypto community, providing a fresh impetus to the innovative applications of blockchain technology and cryptocurrencies worldwide.
Justin Sun, Global Advisor of HTX, was honored with the “Crypto Entrepreneur of the Year” award at Blockchain Life 2024, recognizing his significant contributions to the blockchain industry.
Asset Listings Ride the Memecoin Wave, Research Reports Focus on Industry Trends
In October, HTX also achieved outstanding performance in new asset listings. The exchange listed 15 new assets this month, primarily targeting hot market trends, including AI meme coins such as GOAT, ACT, and FARTCOIN. GOAT stood out with an impressive 300% increase after its debut on HTX, generating considerable returns for users. Additionally, the platform’s exclusive listings of projects such as EIGEN, PUFFER, SCR, and GRASS have offered users a wider range of high-quality investment options.
Regarding research reports, HTX Ventures has garnered profound insights into market trends, publishing two key industry reports centered on industry highlights:
1. 2024 Meme Sector Analysis: From Viral Spread to Ecosystem Beachhead. This paper probes into the development trend and potential impact of the meme coin sector in 2024.
2. 2024 U.S. Election: A Potential Turning Point from Tight Regulation and Ban to Support and Innovation. This paper analyzes how the U.S. election may shape regulatory policies for the crypto market, providing investors with valuable forward-looking insights.
In terms of major events, on October 15, 2024, HTX DAO announced the successful completion of its $HTX token burn for Q3 2024. In this quarter alone, over 15.81 trillion $HTX tokens, valued at approximately $21.25 million, were burned. According to HTX DAO, the ecosystem liquidity pledge mechanism has been retired based on feedback from committee members and community users. Moving forward, the $HTX portion previously used for pledges will be directly burned, further enhancing the liquidity and scarcity of $HTX.
Meanwhile, HTX DAO also introduced the HTX DAO Ambassador Program, an initiative aimed at recruiting global advocates to expand HTX DAO’s reach and foster cross-community collaboration.
Streamlined Products, Personalized Services, and Enhanced Security
In October, HTX took crucial steps to optimize product features and strengthen security measures. HTX App has undergone significant optimization, achieving a 36% increase in startup loading speed and a 40% reduction in network loading failure rates, thereby delivering an improved user experience. Moreover, the app now also features the industry’s first seamless account-switching function to further enhance user convenience. To show appreciation for user support, HTX has fully upgraded its Flexible products at HTX Earn, offering limited-time interest rate boosts for 13 major crypto assets. Users can benefit from an increase of up to 700% APY on these products, thus enjoying greater earnings.
HTX’s customer service team performed well in October, assisting 30,422 users and efficiently handling 63,532 inquiries, mostly related to P2P trading and account security. With user satisfaction surpassing 82%, this demonstrates HTX’s dedication to delivering high-quality services.
In terms of security, HTX has added a web-end anti-cookie hijacking feature to protect user accounts. The platform also introduced biometric authentication, API support for ED25519 encryption, and self-generated API keys to enhance trading security.
HTX remains vigilant against illegal activities at all times. To enhance user account security in October, HTX issued 280,871 security reminders and shut down 5 phishing websites and fake app download sites. In terms of transaction security, the platform intercepted 7 withdrawals to scam addresses, recovering 12,689 USDT in assets for users. It also resolved 13 incidents involving external stolen assets flowing into the platform and assisted in freezing stolen funds totaling 491,745 USDT. Regarding asset security, HTX added 190 new blacklisted addresses and intercepted 13 deposits from the blacklisted addresses, with the involved funds amounting to 32,946 USDT.
HTX updated its Merkle Tree Proof of Reserves for October 2024, further demonstrating the platform’s commitment to the security of user assets. The latest details are as follows: 100% for USDT (platform balance: 580,601,392 USDT), 100% for BTC (platform balance: 25,926 BTC), 101% for ETH (platform balance: 102,426 ETH), 105% for $HTX (platform balance: 335,344,362,459,592 $HTX), and 105% for $TRX (platform balance: 9,754,300,787 $TRX). HTX upholds its commitment to transparency, striving to create a reliable trading environment that guarantees the safety of all users’ assets.
Looking ahead, HTX will remain committed to enhancing user experience and platform security while actively driving product innovation and market expansion. By tapping into the community power and the global ambassador initiative, HTX DAO seeks to enhance its global presence, engage more users, and boost brand awareness. HTX’s October performance report highlights not only the platform’s remarkable achievements in user growth, product optimization, and security measures but also its dedication to advancing the globalization strategy. With a steadfast commitment to user satisfaction, HTX will continue to make steady progress, offering a premium service and a rewarding experience for users worldwide in the crypto space.
The post first appeared on HTX Square.
