In Pictures: A Discussion On Crypto With Coinhako’s Yusho Liu
We hosted an intimate breakfast session at 1880 Singapore attended by Gen.T honourees curious about the crypto market
The cryptocurrency market has taken a hit this year, experiencing one of its biggest drops in recent times. Many investors lost large sums of money, while others grew wary of the space. But this “crypto winter”, as it is called, hasn’t dampened everyone’s interest in decentralised digital currencies.
In attendance were tech startup leaders, some of who have personally invested in crypto for years and others thinking about it. So it was no surprise that there were constant questions for Liu throughout the session.
Read more: Everything To Know About The Crypto Winter
Some of these include how he and his co-founder started Coinhako, his views on the regulation of crypto services, the cause of the crypto market crash and red flags all investors should know before investing in a crypto project.
Coinhako has been operating since 2014, which makes it one of the longest-standing crypto exchanges in Asia-Pacific. Before the market crashed, the platform’s total trading volume grew to US$7 billion in 2021—a 1,200 percent increase from the previous year. That same period, its registered user base also more than doubled to nearly 400,000.
This year, despite the economic downturn, the company announced that it will be expanding its business and focusing on attracting institutions and affluent investors.
Photo 1 of 4 Chong Seow Wei, Malik Vickland
Photo 2 of 4 Ng Yi Ming
Photo 3 of 4 Henryk Abucewicz, Joel Tan
Photo 4 of 4 (From top left) Joel Tan, Chong Seow Wei, Valerie Chen, Henryk Abucewicz, Malik Vickland, Maxim Tint, Yusho Liu, Ng Yi Ming