CoinEx CEO Haipo Yang has been vocal about the platform’s long-term vision and its commitment to user empowerment. In a recent tweet, Yang outlined the company’s plans for the future, emphasizing the importance of continuous innovation and user engagement. **Key takeaways from Yang’s tweet:**
* **Focus on long-term growth:** CoinEx aims to be a leading player in the cryptocurrency exchange market for years to come.
CoinEx, a leading cryptocurrency exchange, has implemented a strategic approach to maintain the value of its native token, CET, and control its supply. They utilize a buyback and burn mechanism, where 20% of daily platform fees are allocated to repurchase CET and burn the purchased tokens monthly. This deflationary strategy aims to create scarcity and potentially increase the token’s value over time.