Founded in 2018, CITEX platform has been dedicated to providing services across three core sectors: exchange operations, mining activities, and investment incubation. CITEX platform has now embarked on a comprehensive global strategic deployment. Presently, operational teams have been established in regions including Hong Kong, Bangkok, Singapore, South Korea, Europe, and the Americas. The platform's services reach more than 1.2 million users, spanning across 100+ countries and regions.

CITEX made a strategic move by pinpointing a market niche to develop its distinct feature—POW coin project segment in 2018. Over a hundred high-quality public chain projects, including prominent POW projects like IMG, AXE, and TERA, were launched, propelling CITEX to become the world's most comprehensive platform for mining coin trading, with the most active miners.

In the past two years, CITEX has contributed significantly to the research of public chains and mining coins. Notably, it furnished popular discussions and reference materials for the 2020 BTC halving cycle. CITEX's exchange operations primarily encompass spot trading, contract trading, OTC trading, and the Wealth Management Vault.

In 2020, seizing the wave of DEFI enthusiasm, CITEX embarked on an innovative path, emerging as the first global exchange to provide computing power services. Expanding beyond offering mining farm hosting exclusively to shareholders, funds, and institutions, CITEX extended its services to include cloud computing-based mining for 40,000 users. This initiative included global deployments of mining farms for BTC, ETH, IPFS, among others. Currently, CITEX has established over 20 mining farms in regions such as the United States, Kazakhstan, and Angola, boasting a capacity of over 100,000 loads and hosting more than 150,000 machines. CITEX has successfully formed a comprehensive service chain encompassing miner procurement, hosting, operations, mining, and trading.

CITEX's investment division has been adept at swiftly capturing market trends, participating in noteworthy projects within the domains of renowned public chains, DeFi, and Gamfi. Representative projects include Cosmos, Solana, Conflux, AAVE, RACA, and Axie Infinity.

Throughout these five years, CITEX has navigated the enthusiastic frenzy of bull markets and endured the indifference of bear markets. The platform has also faced the challenge of user misunderstanding and criticism. However, CITEX has remained resolute in its long-term developmental strategy and its unwavering dedication to serving its users. In response to a spectrum of market voices,

CITEX has consistently upheld its identity and prioritized excellent customer service. The platform's sustained growth and stability are rooted in its founding principles. The team at CITEX, regardless of market FOMO (Fear Of Missing Out) sentiment during bullish market upswings, has maintained a level-headed perspective on market dynamics, enabling well-informed decisions.

CITEX's enduring success in terms of financial, technological, and policy security can be attributed to substantial groundwork and preparation.

In terms of financial security: CITEX collaborates with reputable third-party custodial institutions to ensure rigorous technical management of the exchange's assets. CITEX refrains from high-risk investments and never employs user funds. With a global footprint of numerous mining farms, CITEX has established a stable cash flow model that remains unaffected by market conditions, whether bullish or bearish.

In terms of technological security: Over the past years, CITEX's exchange technology has evolved iteratively, subjecting its website and app code to audits by authoritative assessment organizations. Presently, CITEX collaborates with internationally renowned network security evaluation platform CER for penetration testing and security assessment of the exchange's code, meeting requisite standards and obtaining their endorsement. Future collaboration with this platform, including CCL/SSL certificates and other aspects, will continuously validate CITEX's security standards. Currently, CITEX holds a provisional global network security ranking of 46. As subsequent data updates are integrated, the ranking is anticipated to improve to within the top 30.

Additionally, CITEX has collaborated with professional Bug Bounty platforms like hackenProof to launch a Bug Bounty program. This initiative invites white-hat hackers from across the internet to identify security vulnerabilities on the website, thereby enhancing its risk resistance capabilities. To clarify, a Bug Bounty program entails publicly inviting ethical hackers to identify system vulnerabilities and rewarding them for their findings. These white-hat hackers contribute to maintaining the security of computer and internet systems without exploiting any vulnerabilities maliciously.

In terms of policies: CITEX's operational team based in mainland China has been relocated overseas, aligning with a globally deployed strategy across multiple regions. The platform adheres to local laws and regulations, persistently upholding compliance in its operations. CITEX is dedicated to providing comprehensive global financial services to investors, offering diverse digital asset management services through professional and compliant approaches. The platform has applied for compliance licenses in multiple countries, including the US MSB license.

Platform Position Enhancement: In the past, CITEX was ranked within the top 50 on both CMC and CoinGecko international market rankings. Presently, CITEX's ranking on CMC is around 90 and around 45 on CoinGecko, with a rank of approximately 40 on Feixiaohao. Due to recent system architecture upgrades and adjustments, as well as changes in the interfaces for market platforms, some interfaces require reintegration. Upon completion of this integration, CITEX's CMC ranking is anticipated to revert to the top 50. The ultimate goal is to elevate CITEX's international market ranking to approximately the top 30 and eventually secure a position within the top 20.

CoinGecko Ranking

In terms of service, CITEX remains dedicated to placing users at the center and providing them with superior assistance. The platform will steadfastly uphold community engagement, online channels, and direct communication avenues like support tickets to actively address user inquiries, respond to their needs, and resolve any issues promptly.

CITEX's Future Strategic Planning and Expansion

Over the past two years, in response to mainland policies, CITEX has gradually migrated its domestic operations and teams overseas. Operations in mainland China have been relatively low-profile and less vocal during this period. However, the platform has successfully executed its internationalization strategy, establishing operational centers in multiple regions. Concurrently, CITEX has also established mining farms across the globe, further solidifying the foundation of the CITEX platform and providing substantial support for its upcoming developments.

CITEX's future trajectory will continue to be guided by its global development strategy and the unwavering commitment to customer satisfaction. The platform will persistently focus on refining its offerings in the realms of exchange operations, mining, and investment incubation. Currently, CITEX has established DAOs (Decentralized Autonomous Organizations) in South Korea, Thailand, and Vietnam, bringing together local cryptocurrency industry practitioners and enthusiasts. These endeavors are geared towards enhancing the localization of CITEX's exchange operations in these regions. In the coming future, CITEX will extend its DAO presence to areas like Japan, Europe, and North America, continuing to expand its global deployment strategy for the exchange.