• MEXC, a cryptocurrency exchange, announced a significant increase in its futures business in early December, with an average daily trading volume growth of 1200%.
• This success can be attributed to the exchange’s continuous optimization of the liquidity of the top 50 tokens by market cap since the beginning of the year.
• On December 20, CoinMarketCap’s data showed that the daily trading volume of MEXC’s futures reached $2.4 billion, ranking fourth globally.
MEXC, a leading cryptocurrency exchange, has announced a significant breakthrough in its futures business. In early December, the exchange reported an average daily trading volume growth of 1200%, a clear indication of the success of its strategies. This success can be attributed to the exchange’s continuous efforts to optimize the liquidity of the top 50 tokens by market cap since the beginning of the year.
The exchange’s efforts have paid off in the form of a significant increase in trading volumes and a corresponding increase in the number of participants. On December 20, CoinMarketCap’s data showed that the daily trading volume of MEXC’s futures reached $2.4 billion, ranking fourth globally. This high ranking is indicative of the trust that investors have placed in the exchange and its strategies.
The high liquidity and competitive fee rate of MEXC’s futures business have made it an attractive option for investors. The exchange has also implemented a number of risk management measures to ensure that investors can trade with confidence. This includes the introduction of dynamic margin requirements, which helps to protect investors from large losses. The exchange also provides investors with the ability to use leverage, allowing them to increase their exposure to the market while still managing their risk.
Overall, the success of MEXC’s futures business highlights the advantages of liquidity and fee rates. As more investors become aware of these benefits, it is likely that the exchange’s futures business will continue to grow and attract more participants. This will create a more vibrant and diverse trading environment, which is beneficial for both investors and the exchange.