Exclusive interview with XT Exchange: How did the old exchange rise to prominence by listing coins quickly and catching the hot spots?
Written by: Xiaobai Navigation Coderworld
In the eyes of the public,exchangeThe business is one of the most lucrative and competitive cryptographic tracks.
In 2024, meme rises, and due to efficient and fast coin listing strategy, old brandsexchange XT Exchange has emerged as a new force and has been constantly appearing in the public eye.
At the same time, when Slerf became popular, XT Exchange was also the only exchange that provided an additional subsidy of US$1 million in market-making funds.
How did XT Exchange achieve all of the above? How will XT Exchange layout the global market in 2024? Coderworld will interview the XT Exchange team to reveal the strategies and thinking behind this exchange.
Behind XT: Six years of hard work, SafetyACCIDENT
Xiaobai Navigation CoderWorld: This year, we have heard more and more about XT in the Chinese-speaking market. As an old exchange, can you introduce to us the background and development of XT?
XT.COM:Founded in 2018, XT.COM is a digital asset trading platform headquartered in Singapore. We are committed to providing global users withSafety, stable and efficient digital asset trading services.
As an established exchange,Safety稳定运行的6年，0宕机，永远以用户/客户的资产Safety为第一。目前CMC全球排名最高第16，衍生品排名最高第8。上线1000+交易对，数量全网第一。
After several years of development, we have already had a huge user base and rich trading experience. We currently have more than 7.8 million registered users, more than 1 million daily active users, more than 40 million ecosystem participants, and 89 core communities around the world.
Our brand influence is gradually increasing in the Chinese-speaking market and other markets, and we will continue to work hard to become the preferred trading platform trusted by users.
Xiaobai Navigation Coderworld: We have found that more and more exchanges are also building personal brands for their founders. Whether it is Binance, OKX, Bitget, HTX, etc., we can see the founders of the exchanges speaking out on social media and even acting asPRBut XT doesn't seem to do much in this area. What do you (founders) think about this and how do you see this phenomenon?
XT.COM:To be honest, the entire team style and company atmosphere of XT are low-key and practical, so XT's voice is rarely heard in the market.
When it comes to developing a personal brand, we take a low-key and pragmatic attitude.We believe that the core of an exchange lies in the quality of its products and services, and should not rely too much on personal image. We focus on teamwork and professionalism, and do not overemphasize personal halo. Despite this, we also value communication and exchanges with users, but we pay more attention to product improvement and user experience.
Of course, this does not mean that we have not spoken out. It may be that we choose a method and time that is more suitable for the development of the company to conduct public exchanges and communications.
Coderworld: XT seems to have a deep presence in the MENA (Middle East and North Africa) region. How did you do that? Do you have any special strategy?
XT.COM: First of all, thanks to our DMCC license, XT can operate in compliance with regulations in the MENA region. We also have a US MSB license, and we are also applying for a Lithuanian license.，这些都帮我们的业务在全球市场拓展。这些牌照的获得不仅体现了我们在全球合规方面的努力，也为我们的用户提供了一个更Safety、更可靠的交易平台。
We have also established partnerships with local institutions, participate in local digital asset events and conferences, and provide services and products that meet the needs of local users.
In the past five years, we have been honing our products and special services in key regions. This year, we will pay more attention to the global market.We also see the power of the Chinese-speaking market, and we want to bring better services to the world.cryptoUsers, as well as more detailed help for users who want to start their digital asset journey
XT advantages: fast listing, 7*24 hours fast response
Xiaobai Navigator CoderWorld: From our observation, XT.COM has been listing coins very quickly recently. The previous "W" and the recent meme, can you share with us how you managed to list coins so quickly?
XT.COM:We attach great importance to user needs and market changes.Therefore, we have adopted an efficient strategy for listing coins.Our team closely monitors market trends and user feedback, and maintains close partnerships with quality projects. We have established a rapid response process to ensure that new projects can be quickly launched if they meet the exchange standards.
In addition, our team focuses on improving technology and operations to ensure the stability and security of the platform, thereby providing project parties with faster and more convenient coin listing services.
In this round of Solana Meme craze,We spent half a day setting up a hot coin emergency team in order to quickly discover the popularity, launch the popularity, and create the greatest profit space for users.Because we know that in the field of Meme, every second of the coin price is an opportunity, which will cause a huge profit gap.
Xiaobai Navigation CoderWorld: For novice investors, getting involved in earlyTokenTrading may involve certain risks. What measures does XT take to ensure the security of users' funds and trading experience?
XT.COM:For novice investors, getting involved in the earlyTokenTrading does involve certain risks. Therefore, we have taken a series of measures on the XT.COM platform to protect users' funds and trading experience.
We have set up XT Academy, a dedicated education platform, coveringcryptocurrencyThe basics of trading, market analysis techniques, risk management and more. These resources are designed to help novice investors start from the basic concepts and gradually move on to more complex trading strategies.
Secondly, XT provides a detailed FAQ section to help users quickly find solutions to common problems.24/7 support from our customer service team, whether through online chat or email, can help users solve specific problems encountered during the transaction process.
We also encourage novice investors to join ourCommunity, where experienced traders and other novices can share experiences and discuss strategies, which not only helps novices learn quickly but also allows them to get instant support and feedback.
XT strategy: Seize the hot spots and prioritize user trading experience
Xiaobai Navigation CoderWorld: What do you think of the large number of meme coin transactions that are emerging in the market? Do you think this phenomenon will have an impact oncryptocurrencyWhat impact does it have on the market?
XT.COM:The emergence of a large number of meme coin transactions is a new trend in the digital asset market. They have attracted the attention of some investors, but they have also brought certain market risks and impacts, such as:
Increased market activity:The emergence of meme coin transactions has increased market activity and attracted more users to participate in digital asset transactions. This diversity may bring more liquidity and trading opportunities to the market.
Speculative growth:Due to the special nature and unique concept of meme coins, their price fluctuations tend to be large, and investors may be more likely to engage in short-term speculation. This may lead to increased market volatility and increase the risk for investors.
Investors are becoming more alert:As more meme coins emerge and some projects may lack fundamental value support, investors may become more cautious and alert. This may lead them to choose investment targets more carefully and avoid blindly following the trend.
Risk Management Challenges:For exchanges, managing meme coin transactions may bring certain challenges. Due to the special nature and risks of these projects, exchanges need to strengthen risk management and monitoring to ensure the compliance and security of transactions.
Market stability challenges:The emergence of meme coin transactions may increase market uncertainty and affect market stability. Exchanges need to pay close attention to market dynamics, respond to possible market fluctuations in a timely manner, and maintain market stability and order.
In summary, although the emergence of a large number of meme coins has brought new vitality to the market, it has also brought certain market risks and challenges. As an exchange, we will continue to strengthen risk management and monitoring to ensure the security and compliance of transactions, while strengthening education and risk warnings for investors, guiding investors to participate in the market rationally and promoting the healthy development of the market.
SmallXiaobai NavigationBaiNavigatorcoderworld: We have seen that during the listing process of Slerf, many exchanges offered to donate the handling fees, and XT.COM was the only exchange that provided an additional subsidy of 1 million USD in market-making funds. Why did you take such an action? What is the strategy behind it?
XT.COM:In fact, we also raised funds in this round of Slerf. We were the first exchange to participate in the support (together with Lbank, Bitget and other 4 exchanges), and we also donated all the fees from the proceeds to the project. The first round of donations was paid on March 26.
Whether it is the Meme project or other projects, we always hope to stand on the same level as the project owners and provide users with a good trading experience and rich activities.
But in the early days, we considered the demands of users more. As an exchange, we should consider the trading experience of users more, so the depth and price sentiment are our primary considerations., providing depth for transactions, enhancing liquidity, and providing support for the price of the currency.Communityand the best support for the project.
Xiaobai Navigation CoderWorld: In the Chinese-speaking market, meme coin transactions are gaining more and more attention. What do you think is the main reason for this? Does XT.COM have plans to further strengthen its layout and services in this field or more mainstream narratives?
XT.COM:We think there are several reasons. First, meme coins usually have interesting and unique concepts or social cultural elements, which attract the attention of young users. Second, the influence of social media is growing, and some meme coins have attracted attention because of their popularity on social media. In addition, some successful cases in the market have also attracted more people to pay attention to meme coin transactions.
对于 XT.COM，我们密切关注市场趋势和用户需求。尽管我们注重项目的质量和可持续性，但我们也意识到 meme 币交易的潜力。因此，我们会考虑进一步加强在这一领域的布局，比如除了把握Meme的上线时机，我们也为有潜力的Meme 代币提供简单理财/赚币业务，以满足用户的需求。
Xiaobai Navigation CoderWorld: The competition among exchanges is getting more and more fierce. Different exchanges have their own strategies, such as focusing on brand,Wealth EffectEtc. What are the unique advantages and strategies of XT.COM when facing competitors? What are the future development direction and goals of XT.COM?
XT.COM:When facing competitors, XT.COM's unique advantages and strategies are mainly reflected in the following aspects:
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Technical stability and security:We focus on technological innovation and security protection to ensure the security of users' assets and transaction data.
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Diversified products and services:We provide a variety of trading products and services, including spot trading,contractTrading, leveraged trading, etc., to meet the different needs of users.
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Professional team and excellent customer service:We have a professional team dedicated to providing users with high-quality customer service and technical support.
The future development direction and goal of XT.COM is to continuously improve the quality of products and services, expand market influence, and become a digital asset trading platform trusted and preferred by users.
Coderworld: The last question is also of general concern to users. From the perspective of the exchange, how do you think the market will develop this year?Bull Marketcycles, important narratives, future market trends, etc.?
XT.COM:The digital asset market is highly volatile and is affected by a variety of factors. Both narratives and hot topics can change at any time. Therefore, "flexibility" will be the keyword this year.
In response to the halving shock and future expectations, no matter how the market fluctuates, we will always focus on "user trading experience". We are committed to finding currencies worthy of value investment for users, ensuring the safety of user assets, and so on.
The article comes from the Internet:Exclusive interview with XT Exchange: How did the old exchange rise to prominence by listing coins quickly and catching the hot spots?
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