While the crypto market has faced challenges, ups, and downs, we continue to build towards CoinLion’s vision and hold onto our core principles. We believe fully in the impact digital currency will have on providing financial freedom around the world.

We are a week into 2020 and the team is committed, excited, and working hard! Over the past month significant development progress has been made.

What we are working on:

· API’s — we continue to work toward the release of the public APIs. These APIs will be instrumental in increasing liquidity and accessing CoinLion’s data on sites like CoinMarketCap.

· Matching Engine Improvements — It is critical that along with the API release the platform is fast, scalable, and stable. Significant improvements to performance have been made and will be released in the coming weeks.

· ACH Improvements — Additional features have been added to the ACH system including:

• Remove bank accounts
• Re-establish a bank account link when an account has been de-linked due to a settings change at an external bank
• Verify account balance is sufficient before making a deposit

· Download trade history .csv reports

· UI improvements and bug fixes

What CoinLion offers today:

· The platform can be accessed at trade.coinlion.com

· Deposits, withdraws, & trading are fully operational

· 0% fees on all trades in LION

· USD deposits and withdraws via ACH

· FDIC insurance on USD deposits up to 250K

· Linked bank accounts

· 60+ trading pairs

· 3 platform theme variations: light, dark & professional

· 2 order types — market & limit (more to come)

· My portfolio view — displays asset holdings & percentages

· News feed

· Heatmap

· Social feed — displays twitter & reddit mentions of selected coins

Where we are headed

We are looking forward to 2020 and beyond! Our short-term (Q1) goals include the release of these features and more. With these upcoming releases we will begin to see liquidity and improved trading conditions in key trading pairs. We have also set goals to release additional features during 2020, including the portfolio management system.

We will continue to build, laying a solid foundation for growth. We want to thank all of our community for the continued support. While we have faced significant challenges we have made significant progress and we look forward to continued growth throughout 2020.