MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users

Recently, the cryptocurrency trading level MEXC released 2 retrospective articles: Major Events successful Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency marketplace successful 2022 and the improvement of MEXC successful 1 year.

2022 is the astir melodramatic twelvemonth for the crypto industry. It has experienced galore far-reaching achromatic swan events, specified arsenic the LUNA clang and the FTX thunderstorm. For users, task parties oregon cryptocurrency trading platforms, superior institutions, etc., 2022 was a twelvemonth of suffering.

Also, this year, MEXC Global continued to transportation retired in-depth optimization of the Futures, launched the second-level K-line function, launched NFT Index and different products astatine the aforesaid time, upgraded the marque colour to “Ocean Blue” and different measures, not lone withstood the crypto marketplace In the 2nd fractional of this year, but its planetary users besides exceeded 10 million, its Futures liquidity reached the archetypal spot successful the world. Its Futures concern grew by 1200%.

The liquidity of the Futures ranks the first, and the concern has accrued by 1200%

In 2022, MEXC has been focusing connected the optimization of Futures products, proceed to optimize the basal liquidity according to the needs of users and supply second-level K-line functions, declaration shaper 0 complaint activities, etc., for declaration products.

Blockchain media Cointelegraph reported that arsenic of September this year, MEXC‘s Futures liquidity had reached the world’s first. Liquidity indicators are important for declaration trading. There are ever galore bids and offers successful a liquid market, and traders tin easy participate and exit. The amended the liquidity, the smaller the dispersed and the little the transaction cost. A marketplace with mediocre liquidity whitethorn person a important terms difference, which increases the hazard of being liquidated nether utmost marketplace conditions.

On October 25, MEXC upgraded the functions of Futures products and launched the second-level K-line function. MEXC is the archetypal cryptocurrency trading level successful the satellite to motorboat the second-level K-line relation of Futures. The added second-level K-line, which takes “1 second” arsenic the period, generates a azygous candle chart, which is much timely and intuitive to bespeak transaction information, specified arsenic real-time prices, trading volume, and marketplace depth.

A fewer days ago, MEXC erstwhile again announced the maturation of its declaration business. Its mean regular trading measurement has accrued by 1200%, and it besides launched a zero-fee enactment for Futures Maker. According to Cryptorank data, the regular futures trading measurement of mainstream currencies BTC & ETH and MEXC ranks 4th globally.

Burn $246 cardinal MX

In December 2021, MEXC launched the MX Token2.0 plan. Through the voting of the MX Token community, not lone volition 1 MX held by the MEXC Foundation beryllium straight burned, but also, the passed rules volition summation the strength of repurchase and demolition of MX. 40% of each level profits are utilized to bargain backmost and pain MX.

The information shows that from December 7, 2021 to December 7, 2022, a full of astir 110,332,145 MX were burned. Among them, 100 cardinal MX volition beryllium burned straight successful December 2021; successful 2022, 2,266,655 MX volition beryllium burned by repurchase successful Q1, 3,876,215 MX volition beryllium burned by repurchase successful Q2, and 4,189,275 MX volition beryllium burned by repurchase successful Q3. Worth astir $246 million.

The archetypal level to motorboat blue-chip NFT Index

In the archetypal fractional of this year, the NFT marketplace was booming, but blue-chip NFTs often outgo a fewer ETH oregon adjacent dozens of ETH, which discouraged galore people. MEXC launched the NFT Index for the archetypal clip successful the satellite successful April. By purchasing cautiously selected blue-chip NFTs, specified as Moonbirds, Clone X, Azuki, Meebits, Doodles, etc. arsenic support, it splits them into a definite fig of tokens and launches corresponding NFTs Index. The motorboat of NFT Index is chiefly to trim the threshold for users to participate NFT. Users tin bargain oregon merchantability a definite stock of NFT Index astatine immoderate clip without buying a implicit NFT. When the stock of NFT Index holders reaches a implicit NFT, they tin speech the corresponding NFT.

Leveraged ETFs pb the ETF market

It is understood that the MEXC leveraged ETF is an open-end ETF merchandise launched successful Q2019. Its characteristics are that the trading rules are arsenic elemental arsenic spot products, nary borderline is required, nary liquidation rules, and it has a compound involvement effect. According to Cryptorank data, among akin products connected the full network, the trading measurement of MEXC leveraged ETF ranks first.

Online Fan Token Trading Zone

The 2022 World Cup successful Qatar has promoted the involvement of cryptocurrency traders successful World Cup-themed instrumentality tokens and acceptable disconnected an autarkic way marketplace successful the 2nd fractional of the year. Top exchanges specified arsenic MEXC and Binance successfully launched instrumentality token trading areas. Unlike different instrumentality tokens, instrumentality tokens are inferior tokens associated with clubs, teams, oregon brands, granting holders peculiar instrumentality privileges and enhancing fan-club interaction. MEXC is the speech with the largest fig of online instrumentality tokens, and 39 instrumentality tokens person been launched, specified arsenic CHZ, POR, ARG, BFT, ACM, etc.

MEXC x Coinbase x Trust Framework

The TRUST web is an confederation of the world’s starring cryptocurrency exchanges that are designed to disclose indispensable information & Privacy Prevention. MEXC has joined TRUST Network this year, committed to focusing connected protecting lawsuit privateness and accusation information with 62 apical companies worldwide, including PayPal, Binance, etc.

Trust Network Solutions:

• Ensure the correctness of accusation transmitted
• Avoid leakage of idiosyncratic accusation stored connected third-party servers
• Prevent misuse of delicate information

M-Ventures completes marque upgrade, superior standard reaches $200 million

On September 28, M-Ventures, a money nether MEXC, completed its brand upgrade, and its ain funds reached $200 million. M-Ventures chiefly focuses connected 3 concern priorities successful the superior market, namely Web3, caller nationalist concatenation ecology and infrastructure. In the past 3 years, M-Ventures’ concern portfolio includes dozens of outstanding projects, specified arsenic Polkadot, Avalanche, Manta, etc.

The marque colour upgraded to “Ocean Blue”

On November 18, MEXC completed the brand colour upgrade from “forest green” to “ocean blue.” It is understood that “Ocean Blue” was primitively a marque colour proposition enactment guardant by Korean-speaking users and was archetypal upgraded astatine the Korean presumption aft valuation by MEXC. After receiving wide acclaim from Korean users, idiosyncratic surveys were conducted successful respective cardinal countries and regions. Following the suggestions of the immense bulk of users, it was yet decided to upgrade the marque colour of the full tract to “Ocean Blue.”

“Ocean Blue” means “All the rivers tally into the sea.” The upgrade of the marque colour “Ocean Blue” not lone conforms to the conception of “Users first, MEXC’s Changing for you” but besides amended interprets the platform’s characteristics – unafraid and professional, unfastened and inclusive, keeping exploring, and the aboriginal of hope.

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