Best Crypto Exchange | Mexc Exchange | Mexc Global Exchange Review
317Best Crypto Exchange | Mexc Exchange | Mexc Global Exchange Review
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Links mentioned in the video:
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Welcome to our Best Crypto Exchange Video!
What is MEXC exchange?
MEXC is a centralized cryptocurrency exchange that was established in 2018 in Seychelles, East Africa, and has been recently picking a lot of interest around the globe. The core embers of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries.
MEXC has compliance licenses in 5 countries including Switzerland, Canada, Australia, and the United States. The exchange has listed around 371 coins (752 pairs) with a daily trade volume of approximately USD 4 Billion.
Features of MEXC Exchange
The major features of the exchange are:
Spot Trading and Margin Trading
A user can spot or margin trade in all the 371 coins listed on the exchange. New coins and projects are being added at a regular interval, and you will find popular DeFi, NFT, Polkadot coins on this exchange, which may not be listed elsewhere. In fact, MEXC was one of the first exchanges to list many of the popular tokens, before everyone else.
ETF Trading
Currently, MEXC Index Product includes major cryptocurrency index, halving cryptocurrency index, public chain index, and Defi asset index, etc.
For example, a user can invest in Grayscale Portfolio Index
Contract Trading
The perpetual contract is a derivative that differs from traditional futures. There is no expiry or settlement and no time limit for position holding, unlike in the futures contract.
This works on a Funding mechanism where payments are exchanged between the buyer and the seller every 8 hours.
Benefits of using MEXC Exchange
User-Friendly Interface – MEXC has a very interactive user interface that supports both light and dark mode.
Mobile App – the exchange has a mobile application for android and iOS devices to keep the user updated on the go. The app is fully functional and if you enjoy trading on mobile, the app will keep you engaged.
User Feedback response–the development team is very proactive with the user feedback which leads to a quick resolution of user queries
MX Defi – this is the Unique Selling Point of MEXC, which makes it ahead of the rest. DeFi staking allows a user to have benefits of yield mining in the most attractive Defi projects.
MX Token: Platform token
Like Binance in-house token BNB, MEXC exchange has an in-house token called MX. There are various utilities of MX token, and that is something we will look in this section.
MX token holders can enjoy a series of rights and interests including MX appreciation, assets appreciation, rebates on platform revenue, supervision, voting, etc. MEXC rewards the users who contribute to system liquidity by 51% of MX through”trading mining and token-based rebates”. Likewise, it rewards the MEXC community users through the mining incentive mechanism so as to enable them to enjoy the rights to the MEXC community by holding MX.
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The information contained herein is for informational purposes only. Nothing here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
I hope you found value in our Best Crypto Exchange video. Make sure to leave a like on the video if you gained value from it!
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⏰ TimeStamps ⏰
0:00 MEXC Global intro
0:31 MEXC Global Summary
13:11 MEXC Global outro