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The Importance of User Demand in Cryptocurrency Trading

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The Importance of User Demand in Cryptocurrency Trading

It is reported that the community user @ IvanonTech asked Coin Security to delete all stable currencies and use ETH/BTC for cryptocurrency transactions. CZ, the CEO of Coin Security, responded that Coin Security is a market that provides transactions for users. If there is no transaction volume, the transaction pairs will be deleted, but other methods will not be used to delete the transaction pairs, such as not deleting the transaction pairs because the transaction volume is reduced, In fact, transaction pair deletion is determined by the user.

CZ responded to the community’s request to delete all stable currencies: the user decides

Analysis based on this information:


The recent request made by community user @IvanonTech to delete all stable currencies and use ETH/BTC for cryptocurrency transactions has sparked a debate about the role of user demand in the world of cryptocurrency trading. In response to this request, CZ, the CEO of Coin Security, stated that the platform is a market that provides transactions for its users, and that the deletion of transaction pairs is determined by user demand.

This statement highlights the importance of user demand in cryptocurrency trading. It is evident that the performance of a cryptocurrency exchange is heavily influenced by the trading volume of its users. If there is no transaction volume for a particular currency pair, it is likely to be removed from the market.

In the case of Coin Security, the CEO has asserted that the exchange does not use other methods to delete transaction pairs, such as not deleting pairs due to reduced transaction volume. This statement suggests that the exchange is committed to providing its users with the currencies that they demand and ensuring that all transaction pairs are determined by the needs of the community.

Moreover, the request made by @IvanonTech highlights the growing interest in cryptocurrencies such as ETH and BTC, which are often referred to as “blue-chip” currencies due to their popularity and status in the market. The increasing demand for these currencies is making them popular choices for cryptocurrency traders who seek stability and higher returns.

Overall, the statement made by the CEO of Coin Security highlights the fact that the demand for cryptocurrency trading is ultimately determined by the users. The exchange is committed to providing its users with the currencies they demand and ensuring that all transaction pairs are determined by the needs of the community. Therefore, the exchange is constantly adapting to the changing demands of the market to stay relevant and competitive.

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