- MEXC expands its insurance fund to $414M, safeguarding users against bankruptcy losses during extreme market volatility.
- MEXC launches initiatives for Aptos and ATOM, offering staking rewards and flexible savings for better user benefits.
MEXC, a crypto trading platform, keeps extending its dedication to give users all around the world chances and protection. Many projects MEXC has announced show its attempts to raise user confidence and involvement.
MEXC Bolsters Protection With $419 Million Insurance Fund
MEXC’s first action is raising the insurance fund of the platform. With a total of over $419 million, this fund seeks to lower damages resulting from user bankruptcy. Maintaining the stability of the user’s trading experience depends much on this fund since the volatility of the market entails high risks.
Expands Opportunities With APT Launchpool, ATOM Savings, and MX Buyback
Starting the second Launchpool campaign to assist the Aptos (APT) blockchain project on January 23, 2025, MEXC To receive a piece of the overall 31,500 APT payout, users can stake USDT, MX, and APT. Concurrently, in line with its dedication to the Aptos ecosystem, MEXC offers free spot and futures trading for APT.
Not exclusively concentrating on Aptos, MEXC also started an ATOM token flexible savings program. Users of this program can earn interest on their ATOM deposits under the freedom of withdrawal at any moment. This project is meant to give users who wish to better manage their crypto assets further convenience and advantages.
On January 20, 2025, MEXC has finished the MX token buyback and burn program for the fourth quarter of 2024. MEXC guarantees its dedication to ecosystem sustainability via this initiative.
On the other hand, CNF previously reported that the platform now supports the euro for over-the-counter (OTC) trading. Zero-fee Euro deposits and a range of payment options make this service simpler for users in Europe to engage in the crypto market.