Press Release

Coinstore: Pioneering Growth with Futures Trading and Project Incubation at the Forefront

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Coinstore, a rising star in the global cryptocurrency space, has unveiled its latest innovations and strategies during its recent conference at Token2049. Known for its rapid growth and strong emphasis on providing a user-friendly trading platform, Coinstore is now gearing up for the next big step: expanding into futures trading and reinforcing its project incubation capabilities.

A Global Leader in Project Incubation

From its inception, Coinstore has prioritized project incubation, recognizing its crucial role in fostering the next generation of blockchain technologies. With a dedicated team and a focus on quality, Coinstore has built extensive resources to support the incubation and long-term success of high-potential projects.

To date, Coinstore’s Launchpad has become its most popular product, trusted by a growing user base. By selecting high-quality projects through expert market analysis, Coinstore not only creates value for its platform but also contributes to the broader blockchain ecosystem. Additionally, Coinstore’s Web3 Wallet plays a vital role in expanding the infrastructure for project business development and ecosystem growth.

Collaborating with industry venture capitalists and institutions, Coinstore ensures a steady pipeline of high-quality assets. This approach allows the platform to secure stable project resources and provides mutual growth opportunities for all stakeholders.

Futures Trading: The Next Frontier

In 2024, Coinstore will embark on a strategic expansion into futures trading, further diversifying its offerings. Understanding the vital role that futures play in the trading ecosystem, Coinstore is committed to delivering a stable, secure, and fast platform for futures traders.

“Our futures products are built with a user-centric approach,” said James Toh, Global Business Development Director at Coinstore. “We have prioritized the liquidity of futures contracts, and by partnering with top market makers, we ensure deep liquidity, reduced spreads, and high-speed execution. Our goal is to make Coinstore the go-to platform for futures trading by offering an accessible and smooth trading experience.”

With features such as full-margin and isolated-margin modes, users can customize their futures trading experience based on their needs and preferences. The platform also offers leverage ranging from 1x to 100x, catering to traders of all experience levels—whether they’re looking for high-risk, high-reward strategies or low-leverage options to start small.

To further enhance the user experience, Coinstore will provide educational materials and tutorials, including “What is Perpetual Contracts” and in-depth guides on futures trading strategies. Additionally, a series of Twitter reward campaigns, futures trading competitions, and a 10U futures experience fund will allow new users to engage with futures trading seamlessly.

Global Expansion and Local Market Engagement

Coinstore’s services now cover 175 countries and regions, with Indonesia, India, and Nigeria as its largest user bases. The platform aims to surpass 10 million users by 2025, expanding its reach to emerging markets. The company is closely watching the African market as part of its ongoing efforts to introduce more users to the advantages of cryptocurrency, particularly those without traditional banking access.

Coinstore’s global presence is strengthened by its BD teams in 15 countries, ensuring local expertise and support for its growing user base. The platform has also expanded its event outreach, hosting frequent global offline events in key blockchain cities to boost brand visibility and share insights on trending industry topics.

Coinstore Labs: Driving Innovation through Hackathons

Coinstore’s dedication to innovation is further reinforced by the launch of Coinstore Labs, which will host hackathons to attract high-quality developers to its ecosystem. These hackathons will provide valuable opportunities for developers to contribute to the development of public chains while gaining exposure and investment opportunities. This initiative underlines Coinstore’s commitment to pushing the boundaries of blockchain technology and supporting the next generation of industry talent.

Looking Forward: A Vision for Sustainable Growth

As Coinstore continues to evolve, the company is firmly committed to its long-term vision of building a comprehensive and user-friendly digital asset exchange. The conference at Token2049 marks the beginning of a new chapter for Coinstore, with a diversified strategic expansion underway that includes not only spot trading but also futures and derivative products.

In the coming months, Coinstore will introduce more product iterations and continue to share its successes with users, paving the way for future growth. As the platform celebrates its third anniversary, users can expect even more innovative products and services that cater to their trading needs, all while maintaining Coinstore’s core principles of accessibility, user-first design, and quality project incubation.

Conclusion: The Future of Trading with Coinstore

With its strategic focus on futures trading, project incubation, and global expansion, Coinstore is positioning itself as a key player in the cryptocurrency space. By offering a seamless and efficient trading experience alongside a solid incubation platform for emerging projects, Coinstore continues to demonstrate its commitment to long-term success and sustainable growth.

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