MEXC, which is a leading global encryption currency 414 million dollars Through it Insurance Fund account To cover the deficit that occurs when user losses during the liquidation exceed their margin available from January 23, 2025. This impressive number confirms Mexc’s commitment to asset security and risk relief. along with Proof of reservesMEXC provides strong protection for traders against extremist market fluctuations.
How to reduce the MEXC insurance fund account from the risk of merchants
The MEXC insurance fund account, which was launched in November 2024, is specifically designed to protect traders from extremist market fluctuations, such as those they enjoy while operating the bull, where rapid price fluctuations can lead to a decrease in the user account value to less than the required margin level, Which leads to filtering. If the liquidation price is worse than expected, which leads to losses that exceed the available margin (a bankruptcy scenario), the insurance fund is stepping to cover these extra losses, thus facilitating the smoother liquidation process.
The fund is constantly renewed by surpluses created from the liquidation orders that have been implemented at better prices than expected, ensuring its constant stability and protection during high fluctuations.
In line with its adherence to transparency, Mexc provides users directly to the current and historical insurance funds for the various currencies encrypted on the platform.
In addition, MEXC provides Proof of reserves To ensure the safety of assets and maintain transparency for its users. This allows users to trade with confidence, free from withdrawal concerns. Reserve rates It was updated every two months. As of December 1, 2024, the latest reserve rates for many encrypted currencies are as follows:
- USDT: 104.52 %
- USDC: 116.52 %
- BTC: 105.88 %
- Eth: 105.65 %
By providing a lever in addition to the insurance fund account and the reserve rate that exceeds 100 %, Mexc guarantees multiple layers of protection to protect merchants’ functions and ensure asset security.
The transition platform for smooth coding trading
In addition to implementing strong safety measures to ensure a safe trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders reduce costs and increase returns to the maximum. Mexc He is committed to enabling merchants by enabling investments through the widest group of assets, and ensuring safe and smooth transactions regardless of market conditions.
- M – Most of the icons heading: MEXC is famous for the fast code lists and its varied selection of common symbols, helping users to take advantage of emerging opportunities. To date, More than 3000 symbols It was included on the platform.
- E – Daily Air Drops: Mexc makes it easier for users to participate in the daily Airdrop events and receive large bonuses without complex procedures. In 2024, I completed the platform 2,293 Airdrop eventsdistribution More than 136 million dollars In rewards.
- X – Low drawings xTremely: MEXC offers high competitive trading fees, helping users reduce costs and increase their growth capabilities.
- C – Comprehensive liquidity: With the support of strong liquidity and the depth of the market, Mexc guarantees the effective and smooth implementation of each treatment, which reduces slipping even during volatile conditions.
These features helped attract mexc 30 million users in more than 170 countriesIts establishment as a platform for choosing for an increasing number of merchants around the world.
Learn more about MEXC insurance box account.
About mexc
MEXC was founded in 2018, committed to being “the easiest way for you to encrypt”. Mexc serves more than 30 million users in 170 countries, MEXC is famous for its wide choice of distinctive symbols, repeated Airdrop opportunities and low trading fees. Our easy -to -use platform is designed to support both new traders and experienced investors, providing safe and effective access to digital assets. Mexc gives priority to simplicity and innovation, which makes encryption trading easier and rewarding.
MEXC official site｜ x ｜ cable ｜How to register on mexc
Risking responsibility:
The information provided in this article on encrypted currencies does not represent the official position of Mexc or investment advice. Given the very volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project basics, and potential financial risks before making any trading decisions.
Slip: Thewscrypto does not support any content on this page. The content shown in this press statement does not represent any investment advice. Thewscrypto recommends our readers to make decisions based on their own research. THENEWSCRYPTO is not responsible for any damage or loss related to the content, products or services mentioned in this press statement.
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