In 2024, Deepcoin achieved remarkable results in the global cryptocurrency market with its outstanding products, innovative services, and global strategic layout. It made significant breakthroughs in market ranking, compliance progress, product innovation, customer service, and brand promotion.
- Contract trading volume grew nearly 10 times, and spot trading volume grew nearly 6 times
Since 2024, Deepcoin's contract trading volume has grown nearly 10 times year-on-year, with the average daily number of traders growing nearly 3 times, and the number of new trading pairs increasing by 42.13%. The platform's spot trading volume has grown nearly 6 times year-on-year, with the average daily trading volume growing nearly 3 times.
- Cumulatively launched more than 20 new products, and added more than 1 million new trading users
In 2024, Deepcoin continued to innovate in areas such as trading experience, fund security, and copy trading, cumulatively launching more than 20 important features, including chase limit orders, order at market/limit price, open position pre-liquidation price, position optimization, proportional and reverse copy trading, trader tool enhancement, real-time rebates, order transparency display, and seed phrase identity verification.
Meanwhile, the product and research team has been iterating on existing products to improve the user experience. Taking the chase limit order feature as an example, it has significantly increased the trading frequency of users due to its convenient operation and significant cost advantages.
- Cumulatively solved more than 400,000 user problems
Deepcoin has always adhered to a customer-centric approach, cumulatively solving more than 400,000 user problems in 2024; covering 12 languages; with a call pickup rate of ≥95.75% within 30 seconds of customer consultation; and an online queuing wait rate of
- Became the 7th overseas cryptocurrency exchange to obtain the Korean CODE compliance access
In July 2024, Deepcoin became the first and the 7th global cryptocurrency exchange to integrate with the Korean CODE compliance solution to comply with the Korean cryptocurrency Travel Rule regulations. Deepcoin has now completed the integration with the Korean CODE compliance solution, demonstrating its long-term commitment to improving compliance standards in the cryptocurrency industry and strengthening its security infrastructure. Through the integration with the CODE solution, Deepcoin will be able to conveniently realize deposits and withdrawals with major Korean exchanges (including Upbit, Bithumb, Coinone, Korbit, GoPax) in the future, promoting seamless information sharing between Virtual Asset Service Providers (VASPs). According to the FATF guidance, this collaboration ensures the transparency of virtual asset transactions by sharing the sender and receiver information during the transfer process between VASPs.
- Deepcoin's affiliated company obtained the Hong Kong TCSP license
In July 2024, Deep Custodian Limited was granted the Hong Kong "Trust or Company Service Provider License (TCSP License, license number TC009487)", which allows it to provide cryptocurrency custody services such as Bitcoin and Ethereum to clients in a legal and compliant manner. As an affiliate of Deepcoin, Deep Custodian Limited provides secure and compliant asset custody services to individual and institutional clients through advanced security technologies, ensuring that every transaction can be conducted in a safe and reliable environment.
- CMC Proof of Reserve exceeded $200 million, and CMC derivatives global ranking rose
In 2024, Deepcoin maintained a high-speed development momentum. According to the CMC Proof of Reserve (PoR), Deepcoin has over $200 million in reserves, with a reserve ratio exceeding 100%. The PoR aims to verify whether user assets are 1:1 reserved on the cryptocurrency exchange platform, demonstrating its solvency and sufficient liquidity.
Additionally, Deepcoin has risen to the 7th position in the CoinMarketCap derivatives exchange ranking, demonstrating its growing influence.
- Continued to expand in the Korean market and sponsored the top Korean MMA professional league Black Combat
In July 2024, Deepcoin announced that it has become the title sponsor of the top Korean MMA professional league Black Combat. This collaboration marks an important step for Deepcoin in supporting the sports community and promoting cryptocurrency adoption. The two parties will closely cooperate on brand promotion, content production, and broader areas related to cryptocurrency assets and mixed martial arts, building a bridge between the crypto world and the combat sports event.
Black Combat is the first sports organization in Korea to host a mixed martial arts league, and it enjoys a high reputation among young and middle-aged Korean men. With its popular YouTube platform, the accumulated video content has reached nearly 400 million views. Partnering with Black Combat, Deepcoin has held popular touring events in Seoul, Busan, and other locations in Korea.
- Actively participated in Web3 industry summits to drive industry innovation
In 2024, Deepcoin actively participated in multiple heavyweight industry summits, including the Hong Kong Web3 Festival, Dubai Token2049, Asia Bitcoin Summit, Korea Blockchain Week (KBW), Singapore Token2049, and the Korea Digital Technology Media Show (DTMS), and organized related side events, further strengthening its cooperation with industry leaders. Deepcoin hopes to work with blockchain industry pioneers, innovative entrepreneurs, top investors, and passionate crypto enthusiasts to discuss the latest industry developments and future trends, gather creative thinking, and shape the future of cryptocurrency assets.
Ego, the founder and CEO of Deepcoin, stated: "2024 was an important year for Deepcoin's development. Through technological innovation, compliance breakthroughs, and the expansion of key regional markets, we have provided users with a more secure, stable, and extremely innovative trading experience. Looking ahead to 2025, we will continue to adhere to the principle of user-centricity, continuously optimize product functions, and focus on creating the ultimate trading tools for global users to trade easily and profit steadily. At the same time, we will promote the compliance and transparency of the cryptocurrency industry, setting a new benchmark for the industry."
