In the future, Huobi HTX will continue to focus on the dual enhancement of user experience and platform security, actively promoting product innovation and market expansion.
In October, as macroeconomic uncertainties increased, the current cryptocurrency market experienced heightened volatility, with investor sentiment oscillating between fear and greed. While Bitcoin surged to new heights, popular concepts like Meme coins also sparked a new wave of enthusiasm. October was a memorable month for Huobi HTX, with significant increases in trading volume and user growth, and the platform's organic traffic performed impressively. The October report released by Huobi HTX will review the important achievements made in October in terms of user growth, market performance, new asset listings, product optimization, security protection, and community activities.
Huobi HTX's Global Market Growth Shines, Awarded at Blockchain Life 2024 Summit
In October, Huobi HTX's market performance and user growth data were impressive. Firstly, the number of registered users increased by 12% month-on-month, while the number of depositors grew by 15%, demonstrating further enhancement in user trust and activity on Huobi HTX. In terms of traffic data, Huobi HTX also achieved significant growth: page views (PV) reached 42 million, a month-on-month increase of 10.5%; exposure increased to 287 million, a month-on-month growth of 26.5%.
Additionally, the number of external links grew to 6.9 million, adding 1 million, with a month-on-month increase of 17%, indicating that Huobi HTX maintains a stable upward trend in market popularity. The number of indexed keywords also set a historical record, reaching 51,700, a 41% increase from the previous month, injecting greater momentum into traffic growth.
Notably, on October 22-23, Huobi HTX exclusively sponsored the Blockchain Life 2024 business exchange area and showcased at the summit's platinum exhibition area. This move not only showcased Huobi HTX's brand and strength but also deepened cooperation with the Middle Eastern crypto community, injecting new momentum into the promotion of global blockchain technology and innovative applications of cryptocurrencies.
Huobi HTX's global advisor, Sun Yuchen, won the "Best Crypto Entrepreneur of the Year" award at this summit, fully demonstrating the summit's high recognition of his outstanding achievements and innovative capabilities in the blockchain field.
New Assets Launched in Line with MEME Trends, Research Reports Insight into Industry Trends
In October, Huobi HTX also achieved excellent performance in new asset listings. A total of 15 new assets were launched during the month, particularly AI MEME concept coins like GOAT, ACT, and FARTCOIN, which closely followed market trends. Notably, GOAT surged threefold after its launch on Huobi HTX, bringing significant wealth effects to users. Additionally, projects like EIGEN, PUFFER, SCR, and GRASS, which were launched for the first time on the platform, provided users with more quality investment options.
In terms of research report releases, HTX Ventures deeply analyzed market trends and launched two important industry reports focusing on industry hotspots:
“Analysis of the Meme Track in 2024: From Viral Spread to Ecological Stronghold”, discussing the development direction and potential impact of the Meme track in 2024.
“A Crypto Perspective on the 2024 U.S. Election: Potential Turning Points from Strict Regulation to Innovation Support”, analyzing the regulatory policy trends of the U.S. election on the crypto market, providing valuable policy foresight for investors.
In terms of significant events, HTX DAO completed the HTX token burn for the third quarter of 2024 on October 15, destroying a total of 15.81 billion HTX tokens, with a total value exceeding $21.25 million. Furthermore, after widely soliciting community opinions, HTX DAO decided to directly burn a portion of the tokens originally intended for liquidity donations, further enhancing the liquidity and scarcity of the tokens.
At the same time, HTX DAO launched an ambassador program aimed at promoting the HTX DAO brand globally and fostering cross-community cooperation and communication.
Product Optimization for Smoother Experience, Customer Service More Attentive, Security Upgrades for Greater Peace of Mind
In October, Huobi HTX made significant progress in product functionality and security protection. The app underwent a large-scale optimization, with startup loading speed improved by 36% and network loading failure rate reduced by 40%, providing users with a smoother experience. Additionally, the app introduced the industry's first seamless account switching feature, enhancing user convenience. To reward user support, Huobi HTX also fully upgraded its "savings products," offering limited-time interest rate subsidies for up to 13 mainstream assets, with the highest annualized interest rate reaching 700%, bringing more returns to users.
In October, Huobi HTX's customer service team performed excellently, serving 30,422 users and effectively handling 63,532 incoming issues, primarily focused on P2P trading and account security. User satisfaction also reached over 82%, showcasing Huobi HTX's high service quality.
In terms of security protection, Huobi HTX added a web-side anti-cookie hijacking feature to safeguard user account security; it also introduced live authentication, API support for ED25519 encryption, and new self-generated API keys, further ensuring transaction security.
Huobi HTX remains vigilant against illegal activities. In October, a total of 280,871 user security alerts were issued, and five phishing websites and counterfeit app download sites were shut down. In terms of transaction security, the platform successfully intercepted seven withdrawal requests to fraudulent addresses, recovering losses of 12,689 USDT for users, and handled 13 incidents of external stolen asset inflows through various channels, helping external users freeze stolen funds amounting to 491,745 USDT. Regarding fund security, 190 new blacklisted addresses were added, and 13 recharge attempts totaling 32,946 USDT were intercepted.
Huobi HTX updated the Merkle tree asset proof data for October 2024, further demonstrating the platform's high regard for user asset security. The specific updated reserve ratios are: USDT 100% (platform assets 580,601,392), BTC 100% (platform assets 25,926), ETH 101% (platform assets 102,426), HTX 105% (platform assets 335,344,362,459,592), TRX 105% (platform assets 9,754,762,663). Huobi HTX continues to uphold the principle of transparency, committed to providing users with a trustworthy trading environment, ensuring that every user's assets are secure and worry-free.
In the future, Huobi HTX will continue to focus on the dual enhancement of user experience and platform security, actively promoting product innovation and market expansion. At the same time, leveraging community power and the global ambassador program, HTX DAO will deepen its global layout, connect more users, and strengthen brand recognition. The October report not only showcases Huobi HTX's outstanding achievements in user growth, product optimization, and security protection but also highlights the platform's determination and potential to continuously advance and firmly promote its globalization strategy. Huobi HTX will meet user expectations and continue to move forward steadily, providing global users with a higher quality cryptocurrency service experience.
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