Review and Gratitude | 4E's Growth and Future Outlook in 2024
Dear 4E users, as 2024 comes to a close, we extend our sincerest greetings and New Year wishes to everyone during this hopeful moment of bidding farewell to the old and welcoming the new! On this occasion, we reflect on the past year's performance and look forward to the future development blueprint.
2024 is a landmark year for the cryptocurrency industry. This year, the launch of Bitcoin ETFs, the halving event, the Federal Reserve's interest rate cuts, and Trump's election victory have collectively outlined the main trajectory of the industry's development and propelled Bitcoin prices to a historic milestone of $100,000.
For 4E, this year is also filled with opportunities and breakthroughs. Looking back at 2024, we achieved rapid business growth and significant global influence through a diversified product matrix and proactive market expansion, contributing to the prosperity of the industry.
Comprehensive Upgrade of One-Stop Trading Ecosystem
In the past year, 4E has closely followed market trends, continuously introducing popular assets and new trading tools. We successfully launched spot and derivative trading for over 600 assets, covering various fields such as cryptocurrencies, foreign exchange, stocks, commodities, and index trading.
At the same time, we have developed features such as copy trading, wealth management, strategy trading, lending, and simulation trading, while continuously optimizing and improving our risk control systems and trading processes. Our comprehensive and multi-layered trading system has become increasingly mature. A single platform connects global assets, and one account enables one-click investment globally, enriching users' investment choices and ensuring that the platform remains at the forefront of the industry.
In addition to deepening trading services, we have also been making strides in the payment sector, successfully partnering with two major international 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, Per Capita Trading Volume Exceeds 1 BTC
Our diversified product strategy has not only enhanced users' freedom of choice but also strengthened the platform's market competitiveness. In the past year, we achieved significant growth in various key indicators.
Currently, we have covered over 20 countries and regions globally, with more than 1.2 million registered users, a daily trading volume exceeding $1 billion, and a platform risk protection fund of over $130 million. Since the beginning of this year, daily customer activity has increased by 39.2% month-on-month, and the per capita trading volume has surpassed 1 BTC.
Notably, among our over one million users, more than 73% are both foreign exchange and cryptocurrency users, demonstrating a high level of recognition and reliance on the platform's diversified products. This has directly driven a 154% surge in our foreign exchange trading volume, making us the preferred platform for an increasing number of forex traders. With rapidly rising metrics, we triumphed at the WIKI FINANCE EXPO BANGKOK 2024, winning the "Best Forex Trading Platform" award.
At the same time, the excellent user experience and market reputation are fermenting into a powerful social network effect. In the past year, over 7,984 people invited friends to register on the platform. The series of social media activities and trading competitions organized by the platform saw 51% of users actively participating, with a total of over $20 million in platform rewards distributed, reflecting the continuous rise in user stickiness and engagement.
Our star business—copy trading—has also grown against the trend. Currently, 4E has accumulated over 18,000 copy traders, who have earned profits exceeding 2,600,000+. We have not only achieved growth in cryptocurrency business but also continuously innovated and launched several industry-first features, such as copy trading models for foreign exchange, commodities, and stock indices.
Overseas Market Share Exceeds Half, Significant Growth in Southeast Asia and South America
In terms of global market expansion, our internationalization efforts are steadily advancing. This year, the proportion of overseas markets in our platform user structure has risen to 55.9%, especially in Vietnamese and Thai regions, where user growth rates exceeded 41%. The 4E APP briefly ranked first in the Vietnam App Store download chart, becoming one of the most popular cryptocurrency trading platforms locally, with Thailand following closely behind, where the number of local users surpassed 150,000, yielding fruitful results in the Southeast Asian market.
Additionally, leveraging the opportunity of the Copa America event, 4E has also shone in the South American market. We collaborated with AFA to launch a series of online and offline activities, sparking a trading frenzy in the South American community, with hundreds of thousands of users participating in the competition. We distributed 50 signed jerseys, 30 tickets, and exclusive Copa America prizes for 10 lucky users to dine with AFA, significantly enhancing 4E's visibility and market share in the region.
Promoting the Popularization of Global Financial Trading
At 4E, our vision extends beyond business; we aspire to have a profound impact on the industry and society. Our goal is to lead and accelerate the popularization of global financial trading.
At the beginning of this year, we gained the trust of the Argentine national football team, becoming its designated trading platform and establishing a global partnership. Football stars such as Martínez, De Paul, and Di María have endorsed 4E.
Simultaneously, taking advantage of the Copa America opportunity, we collaborated with the Argentine Football Association (AFA) to specially plan and implement an exclusive Copa America ticket giveaway event, combining the passion of football with the charm of cryptocurrency technology. Riding the wave of the Copa America, we successfully introduced Web 3.0 to billions of global viewers, sowing the seeds of cryptocurrency awareness both inside and outside the stadium, deepening public understanding and acceptance of the industry.
At international industry events, we also spare no effort. We became a platinum sponsor of Token2049, establishing close cooperation with top global blockchain projects, investment institutions, and industry experts, contributing wisdom and strength to the future development of the blockchain industry.
In Vietnam, we successfully held one of the largest and most influential events in the local cryptocurrency industry. The attendance of Argentine football star Verón added luster to the summit, attracting extensive coverage from 31 official and mainstream media outlets in Vietnam, further popularizing cryptocurrency in Southeast Asia and paving the way for large-scale adoption.
We firmly believe that the younger generation will have a tremendous impact on this industry in the future. Over the past year, 4E successfully held more than 10 offline summits and large community events, providing young people with opportunities to gain in-depth knowledge of blockchain technology, attracting over 1 million global users for active participation and interaction, nurturing a group of industry enthusiasts and practitioners, and injecting continuous momentum into the global dissemination of cryptocurrency.
Conclusion: Grateful for the Journey, Looking Forward to Creating Extraordinary Achievements Together
As 2024 draws to a close, we reflect on this year with gratitude. For the cryptocurrency industry, this year will undoubtedly be recorded in history, with the $100,000 Bitcoin marking a watershed moment for the industry. For the 4E platform, this is also a significant period of growth and breakthroughs, where we have achieved a series of proud accomplishments. Here, we sincerely thank every user friend who has chosen and trusted 4E.
All that has passed is prologue. As we face the upcoming 2025, we will continue to uphold the principles of safety and user-centricity, constantly enhancing the security and stability of our trading system to ensure smooth transactions for users; increasing our product development efforts to launch more products and services that meet diverse user needs; expanding our global strategic operations to serve every user in need worldwide; and strengthening the 4E brand's presence in the global financial sector to enhance brand influence and promote industry development.
With the bull market accelerating, we believe that 2025 will be an even more exciting year for both builders and investors. The bull market does not signal a peak; let us look forward to the new year's industry development and achieve extraordinary success together!