Looking ahead, Huobi HTX will continue to work hard to create a bright future for cryptocurrency with everyone.
Recently, the Huobi HTX team released the June report, sharing with users the many achievements and progress made by Huobi HTX in June. June was a month full of breakthroughs and achievements, and the June report focused on areas such as operational data, external rankings, new assets, HTX Ventures investment projects, product features, platform activities, soliciting suggestions, security, and market activities to report to new and old users, thanking them for their support and trust.
Huobi HTX was rated AA and ranked fourth in liquidity
First of all, in terms of operational data and external rankings, Huobi HTX set new records. According to the liquidity report for the second quarter of 2024 released by the crypto data company Kaiko, Huobi HTX was rated AA among 43 mainstream centralized exchanges, ranking fourth in liquidity, with an average trading volume of up to 605 billion US dollars. This means that Huobi HTX users can trade more quickly and reduce slippage losses.
In addition, the trading volume of Huobi HTX is also continuously increasing. According to CoinGecko data, in the last 30 days, based on exchange trading volume and trading scale rankings, Huobi HTX has ranked in the top 3. Also, as of July 1st, the number of bitcoins on the Huobi platform reached 30,112, an increase of 4,454 from the previous month, with a growth rate of 17.36%. This demonstrates the momentum of development of Huobi HTX and increases user confidence in the future of Huobi HTX.
Source: CoinGecko
In June, Huobi HTX also welcomed the listing of several new assets, continuing to lead everyone in the forefront of blockchain investment. This month, Huobi HTX listed 13 new projects, among which MOTHER saw a surge of 120%, reaching an all-time high of 100%, and IO and ZRO grew by 95% and 76% respectively. Popular currencies ZK, ZRO, and BLAST also had simultaneous initial offerings on Huobi HTX, providing more convenient choices for users' trading.
Huobi HTX always focuses on industry frontiers, supports industry innovation projects through external investments, and optimizes product features internally
In June, HTX Ventures announced investment projects including Avail, Nexgami, and released three heavyweight research reports: "Exploring the Investment Direction of AI+Crypto Track", "BTCFi and CoreX: Leading the Future of Decentralized Finance for Bitcoin", and "What's Next for the Cryptocurrency Field as Cryptocurrency Venture Capital Funds Increase".
In terms of product features, Huobi HTX also made many optimizations. Huobi HTX launched the Iceberg Order feature, supporting spot and margin trading. Iceberg Orders can automatically split orders, reduce slippage, and lower trading costs, while hiding most of the orders to protect trading strategies, making it easier for large orders to be executed smoothly.
In addition, Huobi HTX also introduced a new upgrade to the copy trading feature, launching version 3.0. This version introduces a new proportional copy trading mode, flexible investment, precise following, and easy investment, as well as adding a slippage protection mechanism to ensure the safety and stability of each trade.
June "Imperial Examination" Season, many platform activity rewards
In June, Huobi HTX also hosted the "Huobi HTX·Web3 1st 'Imperial Examination' Season" event, attracting tens of thousands of candidates to participate, distributing 2,000 pizza vouchers and over 4,000 U rewards. The first phase of the "Place Orders to Mine" activity went online for only 24 hours, and the highest individual cumulative reward reached 1,271,487,424 $HTX.
In June, Huobi HTX actively listened to user and committee suggestions, collecting hundreds of suggestions, many of which proposed good ideas for the long-term development of Huobi HTX, including improving the voting mechanism, developing new ecosystems, and continuing to empower the $HTX token, increasing mining and listing activities for more high-quality projects… Huobi HTX sincerely thanks everyone and will carefully study each suggestion. In July, efforts will be made to fully implement the high-quality suggestions into the subsequent optimization of Huobi HTX.
Huobi HTX prioritizes security: Hassan Sunny appointed as Chief Security Officer of Huobi HTX, 100% Merkel Tree asset reserve in June
In June, Singapore national football team goalkeeper Hassan Sunny officially appointed as Chief Security Officer and brand ambassador of Huobi HTX. HTX DAO's Asia tour was successfully conducted in multiple cities, and offline collaborations with local top KOLs were carried out, extensively discussing the long-term development of HTX DAO business.
In June, Huobi HTX focused on the Vietnamese market, further expanding its international footprint through participation in industry conferences in Vietnam and co-organizing localized events with well-known media to establish effective connections and partnerships with more partners.
As a leading global cryptocurrency exchange, Huobi HTX always prioritizes the security of user assets, having previously announced the launch of the "Merkel Tree Proof" to ensure the transparency of asset reserves, and the regular publication of Merkel Tree audit reports. Now, Huobi HTX will also publish a monthly security report, using data to show users the unremitting efforts made by Huobi HTX in terms of security.
According to the Huobi HTX website, the Merkel Tree asset proof data for June 2024 was updated as of 00:00:00 on July 1st (UTC+8). The reserve ratio of Huobi HTX has remained above 100%. The specific updated reserve ratios are: USDT 100% (Huobi assets 610,174,986), BTC 100% (Huobi assets 25,735), ETH 101% (Huobi assets 92,631), HTX 105% (Huobi assets 360,938,524,569,165), TRX 105% (Huobi assets 9,754,300,787). The data for USDT and ETH already includes assets such as stUSDT and stETH.
It is worth mentioning that on July 11th, the Huobi app was re-listed on the Apple Store. Looking ahead, Huobi HTX will continue to work hard to create a bright future for cryptocurrency with everyone. In July, let's continue to work together for a more brilliant tomorrow!
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