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Recently, cryptocurrency trading platform MEXC released two retrospective articles. Major Events in the Cryptocurrency Market 2022, Which One Was Most Affected? Top 10 Highlights of the Blog-MEXC 2022 recap the year’s developments in the cryptocurrency market and MEXC in 2022, respectively.
2022 is the most dramatic year for the crypto industry. It has experienced many far-reaching black swan events such as the LUNAcrash andthe FTX thunderstorm. For users, project parties or cryptocurrency trading platforms, capital institutions, etc., 2022 was a year of suffering.
The year also saw MEXC Global continue its thorough optimization of futures, launch a second level K-line function, simultaneously launch products such as the NFT index, upgrade its brand color to “ocean blue” In the second half of this year, the company had more than 10 million global users and ranked first in the world in terms of futures liquidity. Its futures business grew by 1200%.
Futures liquidity is #1 and its business has grown by 1200%
In 2022, MEXC is focused on optimizing futures products, continuing to optimize basic liquidity according to user needs, second level K-line functionality, contract maker 0 rate activity, and more for contract products.
Blockchain media Cointelegraph reported that as of this September MEXC futures liquidity is now the highest in the world. Liquidity indicators are very important for contract trading. A highly liquid market always has many bids and offers, allowing traders to enter and exit with ease. The higher the liquidity, the smaller the spreads and the lower the transaction costs. In less liquid markets, price differentials are larger and the risk of being liquidated is higher in extreme market conditions.
On October 25, MEXC 89} upgraded its futures product capabilities and launched a second phase of Launched K-Line functionality MEXC is the first cryptocurrency trading platform in the world to launch Futures’ second-level K-Line functionality. The added second-level K-Line generates a single candlestick chart with a “one second” cycle, reflecting trading information such as real-time prices, trading volume, and market depth in a more timely and intuitive manner.
A few days ago, MEXC again launched the corresponding NFTs Index, divided into a certain number of tokens to support {100 The launch of the NFTs Index is primarily to lower the threshold for users to enter NFTs. Users can buy and sell a certain share of the NFT Index at any time without having to purchase a full NFT; when an NFT Index holder’s share reaches a full NFT, the corresponding NFT can be exchanged.
Leveraged ETFs Lead the ETF Market{177
MEXC Leveraged ETFs were launched in Q1 2019 as open-end We understand that it is an ETF product. Its features include trading rules as simple as spot products, no margin requirements, no clearing rules, and a compounding effect.186} According to Cryptolank data, among similar products across the network, the MEXC Leveraged ETFs rank #1 in trading volume.
Online Fun Token Trading Zone{195
Qatar’s 2022 World Cup spurred cryptocurrency traders’ interest in World Cup-themed Fun Tokens and later this year the independent set off a truck market, with top exchanges such as MEXC and Binance successfully launching fan token trading areas. Unlike other fan tokens, fan tokens are utility tokens associated with a club, team, or brand that give their holders special fan privileges and enhance fan club interaction MEXC is the exchange with the largest number of online fan tokens, with CHZ, POR, and ARG, BFT, ACM, and 39 other fan tokens have been launched.
MEXC x Coinbase x TRUST Framework
The TRUST network is an alliance of the world’s leading cryptocurrency exchanges and is designed to disclose necessary data&Privacy. MEXC has joined the TRUST Network with 62 of the world’s top companies this year, including PayPal, Binance, and others, to focus on protecting customer privacy and information security.
