(MENAFN- GetNews) FameEX , a prominent and global Cryptocurrency exchange, has recently updated its token-listing strategy to prioritize high-quality crypto projects. The new criteria focus on projects with high activity, strong engagement, low fully diluted valuation (FDV), and refined audit mechanisms. This adjustment aims to reduce user transaction risks by ensuring projects meet industry standards across various dimensions such as technical capability, team strength, code logic, operational strength, community consensus, market demand, and tripartite reports. By setting these rigorous standards, FameEX aims to filter out subpar projects, thereby safeguarding investors' interests and enhancing the overall quality of listed tokens.
Addressing High FDV Investment Risks
Since 2022, high FDV has posed significant risks for new crypto investors. Institutional entry into the market has elevated token prices, making high FDV projects with "high valuation with low circulation" prevalent. Although these projects often have superior technical aspects and promising future prospects, they come with high entry prices and substantial selling pressure once tokens are unlocked. This scenario can lead to significant value depletion, particularly affecting new investors who may not fully grasp the implications. FameEX's new strategy addresses these concerns by meticulously evaluating projects to ensure they offer better long-term value and minimize the potential for rapid devaluation.
Educational Initiatives and Transparent Market Information
To further protect investors, FameEX regularly organizes airdrops and educational activities with different project teams such as AMAs, community collaborations, market reports, and instant information updates. These initiatives are designed to provide new investors with transparent and accurate market information in order to help them understand the actual value and potential risks of each project. In addition, FameEX has established a strong investor community, offering real-time support through official Telegram groups, social media platforms, and 24-hour online customer service. This community engagement ensures that investors can access timely advice and assistance to foster a sense of security and trust in the platform.
Multi-Level Collaboration for Enhanced Investor Awareness
FameEX's multi-level collaboration strategy is designed to improve the understanding of cryptocurrency projects among novice investors. By offering a wide range of investment tools, an easy-to-use interface, and real-time project information, FameEX establishes a thorough awareness platform. This initiative helps mitigate investment challenges associated with high FDV and empowers new investors to make informed and prudent investment choices. The platform's intuitive user interface simplifies navigating the complexities of cryptocurrency trading and investment for newcomers.
Commitment to User-Oriented Service and Market Health
FameEX remains steadfast in its commitment to a user-oriented service philosophy. The platform continually optimizes its functions and user experience to offer a transparent, fair, and efficient trading environment. This commitment is reflected in its efforts to incorporate user feedback into platform improvements to ensure that the services remain aligned with investor needs and expectations.
Through ongoing innovation and dedication, FameEX strives to become a trusted trading platform for global investors. The exchange aims to assist novice investors in overcoming trading difficulties, thereby contributing to the healthy development of the cryptocurrency market. By fostering a supportive and educational environment, FameEX not only protects investors but also promotes informed decision-making and sustainable growth in the crypto space.
About FameEX
Launched in 2020. FameEX
is a global cryptocurrency exchange that currently provides fiat-crypto, crypto-crypto, grid trading, futures, options, margin, spot, and a hugely popular referral and affiliate program with more than 5,575,826 registered users across 154 countries and regions. FameEX
provides a secure, stable, and efficient 24/7 trading platform. In addition, FameEX
keeps pushing the boundaries of the crypto exchange industry, exploring frontier growth opportunities and strengthening core competencies, expanding into adjacent product offerings, and developing innovative business models that lead the way in bringing Web3 solutions into the crypto ecosystem including recruiting more Web3 developers and researchers to enrich the Web3 product that will support those visionary traders.
Find FameEX on:
Website:
X (Twitter):
YouTube:
Telegram:
Discord:
Trade on-the-go with the FameEX app (iOS/Android )
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
MENAFN04072024003238003268ID1108408912
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.