Latest news with #CEXs
Malaysian Reserve
10 hours ago
- Business
- Malaysian Reserve
HTX Jumps Two Spots to #8 in Kaiko's Q2 Exchange Ranking
SINGAPORE, June 5, 2025 /CNW/ — HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko's Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter and underscores HTX's growing global influence and robust platform performance. Kaiko, a trusted provider of institutional-grade crypto market data and indices, assessed 45 leading spot exchanges across six weighted dimensions: Governance, Liquidity, Technology, Business, Security, and Data Quality. HTX distinguished itself particularly in the Business and Technology categories, while maintaining top-tier performance in Security. Business Strength: Ranked Second in the Industry HTX secured the No. 2 position globally in the Business category, reflecting its exceptional product depth, operational scale, and innovation capacity. In April alone, HTX listed 14 new tokens covering trending sectors such as staking infrastructure and on-chain narratives. Standout performers included: STO, which saw a post-listing surge of 303% DARK (MCP narrative), up 246% HOUSE (Solana-based meme coin), up 176% HTX also became the first exchange globally to list USD1 (World Liberty Financial USD), a new entrant in the stablecoin space, further cementing its position as a first-mover in emerging asset classes. According to DeFiLlama, HTX achieved a net capital inflow of $472 million in April, the highest among global CEXs—surpassing competitors by 6–7x. In addition, CoinGecko's 2025 Q1 Crypto Industry Report named HTX the only Top 10 exchange with positive spot trading growth, bucking broader market headwinds. Technological Excellence and Seamless User Experience HTX also ranked among the top performers in the Technology dimension, which Kaiko defines by factors such as platform uptime, API latency, and throughput under high-load conditions. HTX's consistent system stability and ultra-low-latency infrastructure have enabled it to deliver a high-frequency trading environment trusted by both retail and institutional users. In Kaiko's analysis, technological excellence is a core driver of user retention—and HTX's performance reinforces its standing as a premium trading venue. Top-Tier Security HTX scored among the highest across the board in Security, thanks to proactive risk management and infrastructure investment. The exchange has maintained zero security incidents for 20+ consecutive months. Recent enhancements include: Multi-device login protections and anomaly transfer alerts Fireblocks Off-Exchange integration to strengthen institutional custody Expanded collaboration with global white-hat partners for 24/7 defense and continuous penetration testing HTX continues to set the industry standard for transparency, with 31 consecutive months of asset reserve disclosures. Its May 2025 Merkle Tree Proof of Reserves confirmed a 73% surge in USDT in April, followed by over 30% growth in May—clear proof of growing user trust and accelerating capital inflows. A Continued Commitment to Excellence HTX remains committed to upholding the highest standards in security, compliance, and market integrity while expanding access to new digital asset opportunities. This recognition by Kaiko places HTX firmly among the elite exchanges shaping the future of the crypto ecosystem. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of 'Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,' HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. To learn more about HTX, please visit HTX Square or and follow HTX on X, Telegram, and Discord.
Cision Canada
11 hours ago
- Business
- Cision Canada
HTX Jumps Two Spots to #8 in Kaiko's Q2 Exchange Ranking
SINGAPORE, June 5, 2025 /CNW/ -- HTX, a leading global cryptocurrency exchange, has officially ranked 8th in Kaiko's Q2 2025 Global Spot Exchange Ranking, rising two positions from the previous quarter. This significant leap marks the strongest upward movement among the top 10 exchanges this quarter and underscores HTX's growing global influence and robust platform performance. Kaiko, a trusted provider of institutional-grade crypto market data and indices, assessed 45 leading spot exchanges across six weighted dimensions: Governance, Liquidity, Technology, Business, Security, and Data Quality. HTX distinguished itself particularly in the Business and Technology categories, while maintaining top-tier performance in Security. Business Strength: Ranked Second in the Industry HTX secured the No. 2 position globally in the Business category, reflecting its exceptional product depth, operational scale, and innovation capacity. In April alone, HTX listed 14 new tokens covering trending sectors such as staking infrastructure and on-chain narratives. Standout performers included: STO, which saw a post-listing surge of 303% DARK (MCP narrative), up 246% HOUSE (Solana-based meme coin), up 176% HTX also became the first exchange globally to list USD1 (World Liberty Financial USD), a new entrant in the stablecoin space, further cementing its position as a first-mover in emerging asset classes. According to DeFiLlama, HTX achieved a net capital inflow of $472 million in April, the highest among global CEXs—surpassing competitors by 6–7x. In addition, CoinGecko's 2025 Q1 Crypto Industry Report named HTX the only Top 10 exchange with positive spot trading growth, bucking broader market headwinds. Technological Excellence and Seamless User Experience HTX also ranked among the top performers in the Technology dimension, which Kaiko defines by factors such as platform uptime, API latency, and throughput under high-load conditions. HTX's consistent system stability and ultra-low-latency infrastructure have enabled it to deliver a high-frequency trading environment trusted by both retail and institutional users. In Kaiko's analysis, technological excellence is a core driver of user retention—and HTX's performance reinforces its standing as a premium trading venue. Top-Tier Security HTX scored among the highest across the board in Security, thanks to proactive risk management and infrastructure investment. The exchange has maintained zero security incidents for 20+ consecutive months. Recent enhancements include: Multi-device login protections and anomaly transfer alerts Fireblocks Off-Exchange integration to strengthen institutional custody Expanded collaboration with global white-hat partners for 24/7 defense and continuous penetration testing HTX continues to set the industry standard for transparency, with 31 consecutive months of asset reserve disclosures. Its May 2025 Merkle Tree Proof of Reserves confirmed a 73% surge in USDT in April, followed by over 30% growth in May—clear proof of growing user trust and accelerating capital inflows. A Continued Commitment to Excellence HTX remains committed to upholding the highest standards in security, compliance, and market integrity while expanding access to new digital asset opportunities. This recognition by Kaiko places HTX firmly among the elite exchanges shaping the future of the crypto ecosystem. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
Scoop
07-05-2025
- Business
- Scoop
BYDFi Exchange Reviewed: Features, Fees, And User Experience
As the crypto trading landscape grows more competitive, traders are seeking platforms that combine the power of centralized exchanges (CEXs) with the transparency and freedom of Web3. CEX meets Web3 with BYDFi, an all-in-one social trading exchange that has rapidly gained traction among both beginners and seasoned investors. Offering a blend of user-friendly tools and advanced trading solutions, BYDFi is positioning itself as a go-to hub for modern crypto traders. A Rich Feature Set Tailored for Every Trader BYDFi's versatility lies in its wide range of trading options. The platform offers more than 600 spot trading pairs, USDT-M and Coin-M perpetual futures with up to 200x leverage, copy trading, and automated strategies like grid bots and Martingale systems. One of its standout offerings is MoonX, a feature designed for Web3 on-chain trading, especially within the fast-paced memecoin market on Solana and BNB Chain. Among its most accessible tools is copy trading, which allows users to replicate the strategies of top-performing traders with just $10. This lowers the barrier to entry for new users while still offering value to high-frequency and experienced traders seeking diversified strategies. A Transparent and Competitive Fee Structure In an ecosystem often criticized for complex or hidden costs, BYDFi stands out for its clarity. The exchange features a straightforward and competitive fee model, supported by real-time transaction records that let users track every cent spent or earned. This level of transparency is especially valuable for those still navigating the learning curve of crypto trading. The platform supports a wide array of payment options—including Apple Pay, Google Pay, and direct bank transfers—and rewards new users with a welcome package worth up to 8,100 USDT. Streamlined Security Measures and Regulatory Standing While no exchange is immune to security challenges, BYDFi has implemented a solid baseline of protections. It is registered under MSB licenses in both the US and Canada and participates in South Korea's CODE VASP Alliance. The exchange stores assets using cold wallets and has adopted multi-signature protocols and transaction whitelisting. Since late 2024, BYDFi has published Proof of Reserves (POR) updates to increase transparency around its asset holdings. A Seamless and Social User Experience BYDFi's modern, multilingual interface makes navigation easy for traders of all levels. Its mobile app delivers full functionality in a streamlined format, while demo accounts let users explore the platform without financial risk. Around-the-clock live support ensures help is available when needed. The platform also nurtures a strong community aspect through active groups on Telegram and Discord, where users can share strategies, insights, and product feedback in real time. Final Thoughts: BYDFi Sets Itself Apart In a crowded exchange market, BYDFi offers a fresh approach by integrating CEX-grade functionality with the expanding promise of Web3. Its accessible tools, transparent fee structure, and socially engaged user base make it an attractive option for anyone looking to deepen their crypto trading experience. CEX meets Web3 with BYDFi isn't just a tagline—it reflects a clear direction toward a more dynamic and user-driven crypto ecosystem.
Associated Press
28-04-2025
- Business
- Associated Press
KuCoin Ventures Research Unveils Battle for On-Chain "Gateway" as Newcomers Challenge the Old Guard
VICTORIA, Seychelles, April 28, 2025 /PRNewswire/ -- The landscape for discovering and trading new crypto assets is undergoing a fundamental transformation. A new research from KuCoin Ventures reveals that on-chain trading platforms have rapidly evolved beyond specialized tools, becoming the core battleground for capturing early 'alpha' opportunities. This shift has ignited a fierce battle for user 'gateways,' posing a direct challenge to the long-held supremacy of centralized exchanges as the primary entry point for users and value capture. The study captures several critical market dynamics currently unfolding: Beyond documenting the present, the report signals emerging trends: Despite challenges from new entrants, market volatility, and the evolving regulatory landscape, CEXs are actively exploring pathways to integrate centralized trading with on-chain ecosystems. A two-way street of influence and adoption is forming between CEX and on-chain environments, suggesting product-level boundaries are likely to blur further. The report further emphasizes that as technologies like Account Abstraction and AI-powered trading assistants mature, the on-chain experience is set to become more seamless and intelligent, potentially onboarding a significant wave of new users directly into the ecosystem. Concurrently, numerous CEXs are responding and adapting by launching Web3 wallets and pursuing integrations, foreshadowing an era where the lines between centralized and decentralized trading environments become increasingly indistinct. This timely and data-rich analysis provides essential intelligence for investors, traders, and builders navigating the evolving crypto infrastructure landscape. It sheds light on the strategic approaches and technological innovations most likely to define market leadership in the next cycle. For Full Report please click About KuCoin Ventures: KuCoin Ventures, is the leading investment arm of KuCoin Exchange, a top crypto exchange globally. Aiming to invest in the most disruptive crypto and blockchain projects of the Web 3.0 era, KuCoin Ventures supports crypto and Web 3.0 builders both financially and strategically with deep insights and global a community-friendly and research-driven investor, KuCoin Ventures works closely with portfolio projects throughout the entire life cycle, with a focus on Web3.0 infrastructures, AI, Consumer App, Defi and PayFi. View original content to download multimedia: SOURCE KuCoin
Cision Canada
28-04-2025
- Business
- Cision Canada
KuCoin Ventures Research Unveils Battle for On-Chain "Gateway" as Newcomers Challenge the Old Guard
VICTORIA, Seychelles, April 28, 2025 /CNW/ -- The landscape for discovering and trading new crypto assets is undergoing a fundamental transformation. A new research from KuCoin Ventures reveals that on-chain trading platforms have rapidly evolved beyond specialized tools, becoming the core battleground for capturing early "alpha" opportunities. This shift has ignited a fierce battle for user "gateways," posing a direct challenge to the long-held supremacy of centralized exchanges as the primary entry point for users and value capture. The study captures several critical market dynamics currently unfolding: A "Great Shuffle" is Underway: Following a brief, Memecoin-fueled frenzy, the market experienced a rapid cooling and subsequent shakeout. Notably, on chains like Solana, agile platforms such as Axiom leveraged strategic rewards, refined user experiences, and astute community strategies to surge ahead, capturing significant market share from incumbents like Photon and GMGN within months. This demonstrates the disruptive power of rapid iteration and targeted positioning. User Behavior Holds Deeper Insights: While overall trading volumes contracted significantly, core user retention displayed remarkable resilience. This indicates that on-chain platforms achieving genuine product-market fit can retain high-value users even through market downturns or without continuous token incentives – a vital signal for crypto projects seeking sustainable growth. Differentiation Becomes a Key Determinant: The research highlights that success is not monolithic. Whether it's GMGN's specialization in advanced data analytics, Axiom's laser focus on optimizing the trading experience, or Moonshot's simplified fiat onboarding, platforms must carve out unique value propositions to attract specific user segments. The report even delves into nuanced analysis of peak trading hours, suggesting potential regional user preferences. Beyond documenting the present, the report signals emerging trends: Despite challenges from new entrants, market volatility, and the evolving regulatory landscape, CEXs are actively exploring pathways to integrate centralized trading with on-chain ecosystems. A two-way street of influence and adoption is forming between CEX and on-chain environments, suggesting product-level boundaries are likely to blur further. The report further emphasizes that as technologies like Account Abstraction and AI-powered trading assistants mature, the on-chain experience is set to become more seamless and intelligent, potentially onboarding a significant wave of new users directly into the ecosystem. Concurrently, numerous CEXs are responding and adapting by launching Web3 wallets and pursuing integrations, foreshadowing an era where the lines between centralized and decentralized trading environments become increasingly indistinct. This timely and data-rich analysis provides essential intelligence for investors, traders, and builders navigating the evolving crypto infrastructure landscape. It sheds light on the strategic approaches and technological innovations most likely to define market leadership in the next cycle. About KuCoin Ventures: KuCoin Ventures, is the leading investment arm of KuCoin Exchange, a top crypto exchange globally. Aiming to invest in the most disruptive crypto and blockchain projects of the Web 3.0 era, KuCoin Ventures supports crypto and Web 3.0 builders both financially and strategically with deep insights and global a community-friendly and research-driven investor, KuCoin Ventures works closely with portfolio projects throughout the entire life cycle, with a focus on Web3.0 infrastructures, AI, Consumer App, Defi and PayFi.
