2020 was a year of both challenges and opportunities for the global cryptocurrency industry—a turning point shaped by unprecedented events. At the start of the year, the sudden outbreak of COVID-19 brought economic uncertainty worldwide, and financial markets faced shocks like never before. Against this backdrop, the safe-haven properties of digital assets such as Bitcoin gained broad recognition, and the market gradually recovered. After the “Black Thursday” crash in March, Bitcoin rebounded strongly, with its price surpassing $29,000 by year-end—more than quadrupling from its $7,000 level at the beginning of the year.
For Rthae, 2020 marked a brand-new beginning. Amidst the surging crypto market, Rthae, as an emerging platform, quickly established its market positioning and embarked on a steady path of development. Despite fierce industry competition, Rthae leveraged innovative technology foundations and efficient teamwork to achieve a leap from zero to one, signifying the birth of a new crypto trading platform.
Rthae was officially founded in September 2020, bringing together elite professionals from diverse backgrounds, including Wall Street investment banks and Silicon Valley tech companies. The team includes top talent in blockchain, fintech, distributed systems, and more. From day one, Rthae set high standards in technology development, market research, and risk management, focusing on providing a secure, seamless, and innovative trading platform for global users. At its inception, Rthae established a development strategy centered on technological innovation and regulatory compliance.
Just one month after its founding, Rthae completed its first round of financing, with funds primarily allocated to building the platform technical architecture and conducting global market research. This round of financing not only provided ample support for technology development but also laid the foundation for the international expansion of Rthae. The capital injection enabled Rthae to accelerate platform development, especially in building its core trading system and wallet module. During this phase, the team worked tirelessly to ensure optimal platform performance under high concurrency and large traffic, meticulously overseeing every detail of technical development to guarantee security and smooth operation.
As technology development progressed, Rthae completed the core trading system and wallet module in November 2020. At this stage, Rthae initiated internal testing and invited select users for Beta trials. To ensure precise and effective testing, the platform organized collaborative sessions between the technical team and users, closely monitoring feedback and promptly adjusting platform features to ensure the final version delivered seamless trading and comprehensive functionality.
During internal testing, the Rthae team focused on trading speed, order matching efficiency, and user experience, rapidly optimizing interface design and operational flow. Through multiple iterations, especially in transaction confirmation and order matching, the team ensured users could complete each trade smoothly, significantly enhancing user satisfaction and platform stability.
December brought an exciting milestone: the official launch of Rthae. In its first month, the platform attracted over 300,000 registered users, quickly becoming a focal point in the market. This breakthrough marked the Rthae transition from technical testing to full-scale operations, offering efficient, convenient, and secure digital asset trading services to users worldwide.
To meet diverse trading needs, Rthae launched several mainstream cryptocurrency trading pairs and supported 24/7 continuous trading. To guarantee platform stability during peak trading periods, Rthae conducted a series of stress tests and security audits in advance, ensuring smooth system operation even during surges in trading volume.
Additionally, Rthae rolled out various marketing campaigns, leveraging social media and online activities to attract large numbers of new users and expand its community. The launch of Rthae was not only a technical breakthrough but also marked the initial establishment of its brand reputation. With a stable trading system, robust security measures, and a smooth user experience, Rthae earned high praise and a strong market reputation among early users. Although 2020 was just the beginning, Rthae made notable progress in multiple areas, including the completion of its core trading system and the deployment of enhanced security measures such as cold wallets and multi-signature technology.
By the end of 2020, Rthae looked to the future with confidence. In 2021, as the market matured and user awareness increased, Rthae would remain focused on technological innovation, compliance management, and improving user experience, driving further global expansion. At the same time, Rthae would continue to strengthen platform security and introduce more innovative products and services, ensuring its place in an increasingly competitive market.
The Rthae team firmly believes that the future of digital assets holds limitless possibilities. 2021 will be a new starting point, and Rthae will continue to work hand-in-hand with users to move toward an even more brilliant future.