Dear 4E users,
As 2024 draws to a close, in this joyous moment of bidding farewell to the old and welcoming the new, full of hope, 4E extends our most sincere greetings and New Year's blessings to all! On this occasion, we look back on our performance over the past year and look forward to the development blueprint for the future.
2024 was a landmark year for the cryptocurrency industry. This year, the launch of the Bitcoin ETF and the halving event, the Federal Reserve's interest rate cut, and Trump's victory in the election collectively outlined the industry's development trajectory and drove the Bitcoin price to a historic high of $100,000.
For 4E, this year was also full of opportunities and breakthroughs. Looking back on 2024, we achieved rapid business growth and significantly enhanced our global influence through our diversified product portfolio and active market expansion, contributing to the prosperity of the industry.
Comprehensive Upgrade of the One-Stop Trading Ecosystem
Over the past year, 4E has kept pace with market trends and continued to introduce popular assets and new trading tools. We successfully launched spot and derivative trading of over 600 assets, covering cryptocurrencies, foreign exchange, stocks, commodities, and index trading.
At the same time, we have also developed functions such as copy trading, wealth management, strategy trading, lending, and demo trading, and have continuously optimized and improved the risk control system and trading process, making the multi-dimensional trading system more mature. The goal of connecting global assets on one platform and enabling one-click investment in the global market has enriched users' investment choices and ensured that the platform remains at the forefront of the industry.
In addition to deepening trading services, we have also been making continuous efforts in the payment sector, successfully partnering with global payment giants Mastercard and Visa to launch the 4E financial card, bringing a convenient payment experience to global users and striving to integrate cryptocurrency payments into daily life.
Daily Trading Volume Exceeds $1 Billion, Average Trading Volume Exceeds 1 BTC
The diversified product strategy not only enhances users' freedom of choice but also strengthens the platform's market competitiveness. Over the past year, we have achieved significant growth in key indicators.
Currently, we cover more than 20 countries and regions globally, with over 1.2 million registered users, a daily trading volume exceeding $1 billion, and a platform risk reserve fund of over $130 million. Year-to-date, the daily active user growth rate has increased by 39.2%, and the average trading volume per user has exceeded 1 BTC.
Notably, among our user base of over 1 million, more than 73% are both foreign exchange and cryptocurrency users, demonstrating a high degree of recognition and reliance on the platform's diversified products. This has directly led to a 154% surge in our foreign exchange trading volume, making us the platform of choice for an increasing number of foreign exchange traders. With our rapidly rising data, we won the "Best Forex Trading Platform" award at the WIKI FINANCE EXPO BANGKOK 2024.
At the same time, the good user experience and market reputation are fermenting into a powerful social network effect. Over the past year, more than 7,984 people have invited friends to register on the platform, and 51% of users have actively participated in the platform's series of social media activities and trading competitions, with the platform distributing over $20 million in rewards, reflecting the continuous increase in user stickiness and participation.
Our flagship copy trading business has also grown against the market trend. Currently, 4E has accumulated over 18,000 copy traders, who have already earned over $2.6 million in profits from copy trading. We not only achieved growth in cryptocurrency business but also continued to innovate and break through, launching several industry-first features, such as copy trading models for foreign exchange, commodities, and stock index assets.
Overseas Market Share Exceeds 50%, Significant Increase in Southeast Asia and South America
In terms of global market expansion, our internationalization efforts have steadily progressed. This year, the proportion of overseas markets in the platform's user structure has increased to 55.9%, especially in Vietnamese and Thai-speaking regions, where the platform's user growth rate has exceeded 41% and 4E APP has once ranked first in the Vietnamese App Store download chart, becoming one of the most popular cryptocurrency trading platforms in the local market. The Thai market closely followed, with the local user base exceeding 150,000, achieving fruitful results in the Southeast Asian market.
Furthermore, leveraging the opportunity of the Copa América, 4E also shone in the South American market. We collaborated with AFA to launch a series of online and offline activities, igniting a trading frenzy in the South American community, with tens of thousands of users participating in the competition, and we awarded 50 signed jerseys, 30 match tickets, and 10 exclusive Copa América dinner invitations, significantly enhancing 4E's brand awareness and market share in the region.
Driving the Globalization of Financial Trading
At 4E, our vision goes beyond just business, as we hope to have a profound impact on the industry and society. Our goal is to lead and accelerate the globalization of financial trading.
At the beginning of this year, we gained the trust of the Argentine national football team and became their designated trading platform, establishing a global partnership. Football superstars such as Martínez, DePaul, and Di María have all endorsed 4E.
Meanwhile, leveraging the Copa América, we collaborated with the Argentine Football Association (AFA) to exclusively plan and implement a Copa América ticket giveaway activity, combining the passion of football with the charm of cryptocurrency technology. Riding the wave of the Copa América, we successfully brought Web 3.0 to billions of global audiences, sowing the seeds of cryptocurrency awareness on and off the field, deepening the public's understanding and acceptance of the industry.
At international industry events, we have also spared no effort. We became the platinum sponsor of Token2049, establishing close cooperation with the world's top blockchain projects, investment institutions, and industry experts, contributing our wisdom and strength to the future development of the blockchain industry.
In Vietnam, we successfully hosted one of the largest and most influential events in the local cryptocurrency industry. The presence of Argentine star Belón added luster to the summit, attracting widespread coverage from 31 official and mainstream media outlets, further popularizing cryptocurrencies in Southeast Asia and paving the way for mass adoption.
We firmly believe that the younger generation will have a significant impact on this industry in the future. Over the past year, 4E has successfully hosted more than 10 offline summits and large-scale community events, providing young people with opportunities to gain in-depth understanding of blockchain technology, attracting the active participation and interaction of over 1 million global users, cultivating a group of industry enthusiasts and practitioners, and injecting continuous momentum into the global dissemination of cryptocurrencies.
Closing: Gratitude and Expectations for Extraordinary Achievements
As 2024 draws to a close, we look back on this year with a heart full of gratitude and share it with you. For the cryptocurrency industry, this year will undoubtedly go down in history, with Bitcoin reaching $100,000, a watershed moment for the industry. For the 4E platform, this has also been a crucial period of growth and breakthrough, and we have achieved a series of accomplishments that we are proud of. Here, we sincerely thank every user friend who has chosen and trusted 4E.
The past is but a prologue. As we face the coming year of 2025, we will continue to uphold the principles of security and user-centricity, continuously enhancing the security and stability of our trading system to ensure smooth transactions for our users; we will increase our product R&D efforts, launching more products and services to cater to the diverse needs of our users; we will further expand our global strategic operations, serving users worldwide with their needs; we will strengthen the global presence of the 4E brand in the financial sector, expanding its influence and promoting industry development.
As the bull market accelerates, 2025 will be an exciting year for both builders and investors. The bull market has no ceiling, let us look forward to the industry's development in the new year and achieve the extraordinary together!
