MEXC Global Review: A Visionary Crypto Exchange



MEXC Global Review

MEXC Global is a digital asset service provider best recognized for its high-performance and mega transaction matching technology exchange. Bitcoin BTC, Litecoin LTC, and Ethereum ETH are among the crypto tokens whose prices are updated in real time on the market.

MEXC Global, which was founded in 2018, serves more than 6 million members in more than 70 countries. It has a global presence and has gained crucial licenses and passed jurisdictions in a number of nations. Canada, Australia, Estonia, and the United States are among these nations. MEXC Global additionally offers specialized language support to meet the needs of traders from across the world.

There are 7 million registered users on the platform, with 400,000 daily active users and 1,000,000 highest daily active users. Above all, MEXC Global aspires to be the go-to platform for both new and seasoned traders and investors. MEXC Global will be available in over ten languages by 2020, with millions of users from over 200 countries, a daily trading volume of over $2 billion, and 1.4 million transactions per second.

MEXC.com Exchange Details

Website https://www.mexc.com/ Is MEXC.com available on mobile?

1400+ currencies and tokens are supported.

MX Token MX Token MX Token MX Token MX Token M

Fiat Currencies Supported: 28 Fiat Currencies

MEXC Global Ltd.'s CEO is John Chen, and the company's headquarters are in Mahé, Victoria, Seychelles.

MEXC's Business Operations

MEXC Global's exchange is a high-performance trading platform with an engine capable of processing 1.4 million transactions per second. This engine was built by banking industry experts, resulting in unprecedented efficiency and performance.

MEXC Global is a spot trader in the Ethereum, Polkadot, and Solana ecosystems, as well as DeFi, NFT, Layer2, Metaverse, GameFi, and DAO concept projects.

MEXC's other activities include:

OTC

  • OTC MEXC allows you to buy USDT with fiat with a single click.
  • VISA and MasterCard are accepted for direct purchases of BTC, ETH, and LTC.
  • Has formed alliances with payment service providers such as Banxa, Simplex, and others.

Trading on the Spot

  • MEXC Spot Trading offers a wide range of digital assets as well as millisecond matchmaking trading.
  • DeFi, PolkaProjects, and other trendy assets are also supported all around the world.

Trading with Leverage

  • Among all exchanges, MEXC Leverage Trading supports the most margin trading assets.
  • Isolated margin mode is available, as well as 2-10x leverage support.
  • Auto-loan and auto-repayment services are supported.

ETF with a high leverage

  • MEXC At any given time, a leveraged ETF can monitor the daily movement of underlying assets.
  • Compound interest does not require margins or liquidation. At 00:00 SGT, a leveraged ETF automatically transfers profit to principle.

Perpetual Agreement

  • USDT and coin-margined perpetual contracts are supported by MEXC Perpetual Contract, which has a 1-125x leverage changeable leverage.
  • Index Products has more depth and a narrower spread.

Index Protects

  • MEXC Index Products are made up of a variety of underlying assets with varying weights.
  • Grayscale and other hot assets are also supported.

POS Pool

  • MEXC POS Pool offers a consistent APY for PoS Savings and Staking.
  • In PoS Savings, there is no lock-up.
  • It provides staking services for DOT, KSM, and other high-value assets.

Partnerships

Bybit, a global cryptocurrency and digital asset marketplace, has teamed with MEXC. They have a combined user base of more than 10 million people and around 30 million monthly website visits. Furthermore, they both contribute for a combined daily volume of trades of roughly $730 million.

This collaboration took the form of a combined launchpad for new projects. New projects profited from a dual listing on the MEXC Global and Bybit exchanges, which allowed them to be listed in their shared launchpad.

The launchpad's purpose is to provide up-and-coming promising initiatives a chance to shine in front of the world, gaining support, interest, and investment from traders. The launchpad was created with the goal of encouraging, developing, and pioneering the listing of new and breakthrough initiatives. CropByte's CBX tnomicsoken, for example.

Both Exchanges have a combined user base of more than 10 million people who are all excited about prospective new ventures.

As a result, they will have an even greater opportunity to research and support ventures such to CropBytes.

Tokenomics

The MX Cryptocurrency, MEXC's native token, was originally issued in 2018 with a total supply of one billion tokens. The MX Token allowed users to pay trading fees on the platform at a reduced rate.

MX Token got increasingly popular as time passed. MX Token has been used by millions of people to get lower trading and transaction costs. Aside from that, MX Tokens are required for participation in MEXC Global's Launchpad, Kickstarter, M-Day, MX-DeFi, Voting, PoS Pool, and other products.

During the year 2020, MX Token has become one of the most popular exchange tokens, ranking in the top 200. (190 on CMC ranking at present). More than 200,000 MX holders have received $70 million in allocation from the company's activity since 2020. Early investors experienced profits of more than 400 times their initial investment.

The MX 2.0 concept was approved later in 2021. The MX Token was listed on Bybit and was created to benefit the MX community by introducing new talent and promoting the MEXC ecosystem's progress.

MEXC's Merchandise

MEXC's Launchpad

The MEXC Launchpad is a platform that allows users from all around the world to invest in low-cost project tokens. It is solely open to MX Token holders, and the only requirement to participate is that you own MX Token.

MEXC's Indiegogo campaign

The MEXC Kickstarter is a crowdsourcing campaign in which users stake tokens to vote for a certain goal. Once the target is met, the listing process will begin, and free token airdrops will be arranged for all participants. The purpose of this event is to find high-quality projects while also providing MEXC users with airdrop benefits.

MEXC M-Day is an annual event hosted by MEXC.

The MEXC M-Day program is a marketing campaign in which the project offers a discount on a number of tokens. Users who want to receive a discount token should enter the fortunate draw.

To participate in M-Day programs, users must have a MEXC account.

MEXC's Pioneer

MEXC Pioneer's mission is to find, invest in, establish communities around, co-market, and finance industry ideas that will 'empower the future.'

MEXC Global has a track record of driving growth, particularly when it comes to new and innovative projects. It has already helped over 100 new projects in just a few years. These include early-stage assistance for projects in ecosystems such as Polygon, Solana, Avalanche, and Algorand. These projects have grown significantly in size. MEXC Pioneer is the result of combining this support with other factors to create a formula for future ventures.

The MEXC Pioneer will be accompanied by a $100 million growth fund to help the blockchain sector and infrastructure developments as part of its introduction. Those working on NFTs, gambling, decentralized finance, and cross-chain infrastructures, in particular.

MEXC Pioneer embodies MEXC Global CEO John Chen Ju's mission of assisting fresh ideas in their growth and development.

MEXC Pioneer strives to improve project, user, and investor stability and confidence. Simultaneously, assisting users and partners in their development and success.

Conclusion

Finally, despite being created only in 2018, MEXC Global has risen through the ranks of the exchange sector. It's a well-known exchange with a diverse range of features and items. It also has a strong collaboration network and a well-received Native Token.

MEXC Global is working hard to position itself as one of the greatest exchanges available. Aside from that, they want to nurture as many promising businesses as possible.

Disclaimer: The author's thoughts and opinions are purely his or her own and do not necessarily reflect those of AdaptsNews. This post is not intended to be construed as investment advice. Before investing in cryptocurrencies, AdaptsNews advises all consumers to conduct their own research.

Saying Book

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