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Lately, the cryptocurrency buying and selling platform MEXC launched two retrospective articles: Major Events in Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency market in 2022 and the event of MEXC in a single 12 months.
2022 is probably the most dramatic 12 months for the crypto trade. It has skilled many far-reaching black swan occasions, such because the LUNA crash and the FTX thunderstorm. For customers, venture events or cryptocurrency buying and selling platforms, capital establishments, and so forth., 2022 was a 12 months of struggling.
Additionally, this 12 months, MEXC Global continued to hold out in-depth optimization of the Futures, launched the second-level Ok-line perform, launched NFT Index and different merchandise on the similar time, upgraded the model shade to “Ocean Blue” and different measures, not solely withstood the crypto market Within the second half of this 12 months, however its world customers additionally exceeded 10 million, its Futures liquidity reached the primary place on the earth. Its Futures enterprise grew by 1200%.
The liquidity of the Futures ranks the primary, and the enterprise has elevated by 1200%
In 2022, MEXC has been specializing in the optimization of Futures merchandise, proceed to optimize the essential liquidity based on the wants of customers and supply second-level Ok-line capabilities, contract maker 0 charge actions, and so forth., for contract merchandise.
Blockchain media Cointelegraph reported that as of September this 12 months, MEXC‘s Futures liquidity had reached the world’s first. Liquidity indicators are essential for contract buying and selling. There are all the time many bids and affords in a liquid market, and merchants can simply enter and exit. The higher the liquidity, the smaller the unfold and the decrease the transaction price. A market with poor liquidity might have a big worth distinction, which will increase the danger of being liquidated beneath excessive market circumstances.
On October 25, MEXC upgraded the capabilities of Futures merchandise and launched the second-level K-line perform. MEXC is the primary cryptocurrency buying and selling platform on the earth to launch the second-level Ok-line perform of Futures. The added second-level Ok-line, which takes “1 second” because the interval, generates a single candle chart, which is extra well timed and intuitive to replicate transaction data, resembling real-time costs, buying and selling quantity, and market depth.
A number of days in the past, MEXC as soon as once more announced the expansion of its contract enterprise. Its common each day buying and selling quantity has elevated by 1200%, and it additionally launched a zero-fee exercise for Futures Maker. Based on Cryptorank knowledge, the each day futures buying and selling quantity of mainstream currencies BTC & ETH and MEXC ranks fourth globally.
Burn $246 million MX
In December 2021, MEXC launched the MX Token2.0 plan. By way of the voting of the MX Token group, not solely will one MX held by the MEXC Basis be immediately burned, but in addition, the handed guidelines will improve the depth of repurchase and destruction of MX. 40% of all platform earnings are used to purchase again and burn MX.
The info reveals that from December 7, 2021 to December 7, 2022, a complete of about 110,332,145 MX had been burned. Amongst them, 100 million MX shall be burned immediately in December 2021; in 2022, 2,266,655 MX shall be burned by repurchase in Q1, 3,876,215 MX shall be burned by repurchase in Q2, and 4,189,275 MX shall be burned by repurchase in Q3. Price round $246 million.
The primary platform to launch blue-chip NFT Index
Within the first half of this 12 months, the NFT market was booming, however blue-chip NFTs usually price a number of ETH and even dozens of ETH, which discouraged many individuals. MEXC launched the NFT Index for the primary time on the earth in April. By buying rigorously chosen blue-chip NFTs, resembling Moonbirds, Clone X, Azuki, Meebits, Doodles, and so forth. as help, it splits them right into a sure variety of tokens and launches corresponding NFTs Index. The launch of NFT Index is principally to cut back the edge for customers to enter NFT. Customers should buy or promote a sure share of NFT Index at any time with out shopping for an entire NFT. When the share of NFT Index holders reaches an entire NFT, they will change the corresponding NFT.
Leveraged ETFs lead the ETF market
It’s understood that the MEXC leveraged ETF is an open-end ETF product launched in Q2019. Its traits are that the buying and selling guidelines are so simple as spot merchandise, no margin is required, no liquidation guidelines, and it has a compound curiosity impact. Based on Cryptorank knowledge, amongst related merchandise on your complete community, the buying and selling quantity of MEXC leveraged ETF ranks first.
On-line Fan Token Buying and selling Zone
The 2022 World Cup in Qatar has promoted the curiosity of cryptocurrency merchants in World Cup-themed fan tokens and set off an unbiased monitor market within the second half of the 12 months. Prime exchanges resembling MEXC and Binance efficiently launched fan token buying and selling areas. In contrast to different fan tokens, fan tokens are utility tokens related to golf equipment, groups, or manufacturers, granting holders particular fan privileges and enhancing fan-club interplay. MEXC is the change with the biggest variety of on-line fan tokens, and 39 fan tokens have been launched, resembling CHZ, POR, ARG, BFT, ACM, and so forth.
MEXC x Coinbase x Belief Framework
The TRUST community is an alliance of the world’s main cryptocurrency exchanges which can be designed to reveal obligatory knowledge & Privateness Prevention. MEXC has joined TRUST Network this 12 months, dedicated to specializing in defending buyer privateness and data safety with 62 prime firms worldwide, together with PayPal, Binance, and so forth.
Belief Community Options:
- Make sure the correctness of data transmitted
- Keep away from leakage of private data saved on third-party servers
- Stop misuse of delicate data
M-Ventures completes model improve, capital scale reaches $200 million
On September 28, M-Ventures, a fund beneath MEXC, accomplished its brand upgrade, and its personal funds reached $200 million. M-Ventures primarily focuses on three funding priorities within the major market, specifically Web3, new public chain ecology and infrastructure. Up to now 3 years, M-Ventures’ funding portfolio contains dozens of excellent initiatives, resembling Polkadot, Avalanche, Manta, and so forth.
The model shade upgraded to “Ocean Blue”
On November 18, MEXC accomplished the brand color upgrade from “forest inexperienced” to “ocean blue.” It’s understood that “Ocean Blue” was initially a model shade suggestion put ahead by Korean-speaking customers and was first upgraded on the Korean station after analysis by MEXC. After receiving huge acclaim from Korean customers, person surveys had been performed in a number of key nations and areas. Following the ideas of the overwhelming majority of customers, it was lastly determined to improve the model shade of your complete web site to “Ocean Blue.”
“Ocean Blue” means “All of the rivers run into the ocean.” The improve of the model shade “Ocean Blue” not solely conforms to the idea of “Customers first, MEXC’s Altering for you” but in addition higher interprets the platform’s traits – safe {and professional}, open and inclusive, holding exploring, and the way forward for hope.
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