HTX's August Performance Report Released: 11th Anniversary Celebration Highlights the Month and Paves the Way for a New Journey

SINGAPORE, Sept. 5, 2024 /CNW/ -- HTX delivers an impressive Performance Report for August. In celebration of its upcoming 11th anniversary, HTX has rolled out a series of exciting events that have elevated the anniversary festivities to new heights. During this month, the highly anticipated HTX 11th Anniversary event series kicked off, generating excitement throughout the month and culminating in a Futures Trading Contest that showcased intense competition among veteran traders. All these highlight moments demonstrated HTX's industry-leading prowess and marked remarkable milestones of HTX over the past eleven years, while paving the way for an exciting new chapter.

HTX's 11th Anniversary Celebration Commenced with Thrilling Events

HTX launched its 11th Anniversary Celebration in August, featuring events that excited users. On August 7, HTX held the launch ceremony for its 11th-anniversary event series themed 'Turning Trials to Triumph', with attendance from Justin Sun, Global Advisor of HTX, and several renowned crypto influencers. At the ceremony,  Justin Sun highlighted that HTX, as a crypto pioneer, will remain committed to delivering the best user experience.

On August 21, HTX unveiled the battle report for its 11th-anniversary Futures Trading Contest, with rewards totaling $200,000 in $HTX distributed. Additionally, the champion of the Individual Challenge won a free trip to TOKEN2049 and a grand reward of $30,000 in $HTX. HTX also offered multiple perks to both new and existing users, making sure everyone can benefit from the platform.

HTX Partners with SunPump to Lead the Meme Coin Charge

In August, HTX supported the listing of seven popular SunPump meme coins, including SUNDOG (Sundog), SUNCAT (Suncat), and IVFUN (Invest Zone).

Currently, the first governance collaboration between SunPump and HTX is now live, establishing a bridge between the TRON ecosystem and HTX users. This allows users to vote for meme token projects to get listed on the HTX exchange by locking their $SUN tokens. The collaboration not only streamlines the listing process but also enables seamless integration between CEX and DEX, injecting new life into market liquidity.

HTX Gains Major Ground in Russian Market, Traffic Share Surpasses 21.2%

In August, HTX saw its traffic share in Russia rise to 21.2%, demonstrating its strong market presence in the region. This milestone is a testament to the platform's success in delivering a superior user experience, driving innovation, and fostering local market engagement. Furthermore, it also reflects the high recognition of HTX's security, liquidity, and innovation among Russian users.

HTX has notably increased brand awareness and user loyalty by consistently enhancing the trading experience,  introducing new financial products and services, and engaging with local communities. The convenience of local payment options has further improved the experience for Russian users. Besides,  HTX's innovative features like Restaking and Trade to Earn have broadened investment opportunities and effectively boosted user retention and trading volume, strengthening its presence in the Russian market.

Exploring Investment Opportunities by Attending Major International Events

In August, HTX Ventures released two major research reports on the investment opportunities in the first half of 2024, and the potential impacts of Ethereum's Pectra upgrade, providing forward-looking guidance for investors. Meanwhile, HTX Ventures announced strategic investments in Corn and Nexio, two innovative projects, to drive the advancement of blockchain technology. Through these initiatives, HTX Ventures continues to solidify its investment layout in the industry, highlighting its keen eye for emerging tech and market opportunities.

On August 13, HTX participated as a sponsor and partner in the Istanbul Blockchain Week (IBW) 2024. During the event, Serdar Serdengecti, Listing Director of HTX, delivered a speech at a roundtable discussion on the theme "Ushering in the New Wave of Trading". He emphasized the significance of user experience, innovation, security, and high-quality assets for the future development of cryptocurrency trading. He also demonstrated HTX's ongoing efforts in innovation and investment in these areas, further consolidating its leadership position in the global market.

On August 30, HTX DAO hosted a successful offline gathering in Chengdu. The event offered community members the chance to engage in face-to-face discussions, exploring trends in blockchain technology and potential collaborations.

Ensure Protection for User Assets by Strengthening Security and Compliance

HTX updated its Merkle tree-based proof of reserves data in August, reaffirming its commitment to safeguarding the security and transparency of user assets. The latest details are as follows: 100% for USDT, 100% for BTC, 100% for ETH, 105% for $HTX, and 105% for TRX. The data includes a range of asset types, ensuring robust protection for user assets.

Compared to July, HTX has seen a continued increase in asset reserves in August. Specifically, BTC assets grew by 0.5%, while ETH assets rose by 3%. The growth reflects users' sustained confidence and enthusiasm for popular cryptocurrencies, as well as HTX's ongoing efforts to enhance user experience, bolster security, and introduce innovative offerings.

In addition, HTX continued to enhance its security measures by sending 309,212 security alerts to users, successfully combating and shutting down 6 phishing websites and fake app download sites, and intercepting transactions to scam addresses. The platform also addressed 4 incidents involving stolen assets from external sources and assisted users in freezing over $80,290 in stolen funds. HTX also blacklisted 2,739 new addresses and intercepted 34 deposits to the blacklisted addresses, totaling $75,827.

User safety is always HTX's top priority. The platform is committed to providing a safe trading environment through optimized security measures. In the future, HTX will continue to strengthen technological innovation and security measures to ensure the security of user assets.

Start a New Chapter This September

Adhering to its user-first philosophy, HTX is set to introduce a range of new events and product upgrades this September, offering users richer investment opportunities and more attractive rewards. HTX is eager to tackle challenges head-on and work alongside users to forge a promising future together.

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SOURCE HTX