<p><span class="wysiwyg-font-size-large">The ticket claim for "MEXC 15th M-Day - ALPA Token Sale" will be started during 09:00 - 17:00 (UTC+8), November 19. The folllowing are the easy steps to join. </span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Step 1. Entrance to claim the ticket</span></strong></p> <p><strong><span class="wysiwyg-font-size-large">Website:</span></strong></p> <p><span class="wysiwyg-font-size-large">Homepage > Activity > M-Day</span></p> <p><span class="wysiwyg-font-size-large"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231730963EH5UqsOfMrmE9h.png" alt="mceclip0.png" /></span></p> <p><strong><span class="wysiwyg-font-size-large">MEXC APP</span></strong></p> <p><span class="wysiwyg-font-size-large"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231732506pHfNonrtCxWH5k.png" alt="mceclip1.png" width="348" height="598" /></span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Step 2: How to Gain Eligibility to Claim the Draw Tickets?</span></strong></p> <p><span class="wysiwyg-font-size-large">Two method:</span></p> <p><span class="wysiwyg-font-size-large">1. Holding USDT</span></p> <p><span class="wysiwyg-font-size-large">2. Accumulating trading volume for major cryptos </span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Method 1: Holding USDT</span></strong></p> <p><span class="wysiwyg-font-size-large">Users whose USDT holding amount meet the minimum requirement are eligible to claim the draw tickets. See the form below.</span></p> <p><span class="wysiwyg-font-size-large"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231733892wpvoc88g0t1QiQ.png" alt="1.png" /></span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Method 2: Accumulating Trading Volume for Major Cryptos </span></strong></p> <p><span class="wysiwyg-font-size-large">Users who trade major cryptos during 17:00, Nov.17 - 17:00, Nov.19 (UTC+8) with minimum trading volume meeting the minimum requirement are eligible to claim the draw tickets. The major crypto trading pairs include:</span></p> <p><span class="wysiwyg-font-size-large">BTC/USDT, ETH/USDT, EOS/USDT, BCH/USDT, LTC/USDT, TRX/USDT, XRP/USDT, BSV/USDT, ETC/USDT, DASH/USDT, DOT/USDT, LINK/USDT</span></p> <p><span class="wysiwyg-font-size-large">See the form below:</span></p> <p><span class="wysiwyg-font-size-large"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231735213Z0xIQJaQKGongS.png" alt="2.png" /></span></p> <p> </p> <p><span class="wysiwyg-color-black wysiwyg-font-size-large"><strong>Participation prize: </strong></span></p> <p><span class="wysiwyg-color-black wysiwyg-font-size-large">Users who haven't got any winning tickets in the draw can share the participation prize pool in proportion to the number of losing tickets respectively.</span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Time schedule for ticket claim</span></strong></p> <p><span class="wysiwyg-font-size-large">1. Ticket claim period: 09:00 - 17:00 (UTC+8), November 19</span></p> <p><span class="wysiwyg-font-size-large">2. Lottery draw time: 19:00 (UTC+8), November 19</span></p> <p><span class="wysiwyg-font-size-large">3. Asset exchange time: 19:30 (UTC+8), November 19</span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Listing schedule of ALPA</span></strong></p> <p><span class="wysiwyg-font-size-large">Trading: 11:00 (UTC+8), November 20</span></p> <p><span class="wysiwyg-font-size-large">Deposit & withdrawal: 10:55 (UTC+8), November 20</span></p> <p><span class="wysiwyg-font-size-large">Trading pair: ALPA/USDT</span></p> <p> </p> <p><strong><span class="wysiwyg-font-size-large">Project introduction:</span></strong></p> <p><span class="wysiwyg-font-size-large">Alpaca City is a virtual world built on Ethereum blockchain where users can manage their on-chain assets through collecting and breeding adorable Alpacas. Every Alpaca has varies genetic traits which not only make it unique, but also signifies its ability to generate yields. ALPA holders can use the token to breed Alpaca NFTs, voting for community governance, and spending in Alpaca City Ecosystem.</span></p>
<p> </p> <p><span style="font-weight: 400;">MEXC prepares to increase its position in the market, following a strategic partnership with Simplex. In doing so, the company will lower the barriers to entry when it comes to onramps and support more currencies. </span></p> <p> </p> <h3><strong>MEXC Expands OTC Trading</strong></h3> <p> </p> <p class="wysiwyg-text-align-justify"><span style="font-weight: 400;">MEXC, one of the leading Asian cryptocurrency exchanges, acknowledges the potential of OTC trading. Focusing on this market segment can prove highly beneficial. Forging a strategic partnership with Simplex is a major milestone. Not only will this make MEXC's </span><a href="https://otc.mexc.com/trade/buy-usdt"><span style="font-weight: 400;">OTC solution</span></a><span style="font-weight: 400;"> more versatile, but it allows for introducing additional onramp services.</span></p> <p> </p> <p class="wysiwyg-text-align-justify"><span style="font-weight: 400;">For us at MEXC, it is crucial to cater to the needs of its users. Introducing support for additional currencies and adding more onramp services will elevate their over-the-counter segment to a whole new level. By taking steps like these, we can make cryptocurrencies more accessible to the broader public.</span></p> <p> </p> <p class="wysiwyg-text-align-justify"><span style="font-weight: 400;">As an EU licensed financial institution, Simplex provides global fraud-free payment processing, accepting a variety of payment methods to ensure partners enjoy a global reach</span><span style="font-weight: 400;"> with the highest conversion rates. Users enjoy the ability to easily capitalize on the markets, while Simplex partners like MEXC can enjoy the conversion-boosting flow, global support, security, and advanced risk-free screening methods, as well as full chargeback protection</span><span style="font-weight: 400;">.</span></p> <p> </p> <h3><strong>Tapping Into the European Market</strong></h3> <p> </p> <p class="wysiwyg-text-align-justify"><span style="font-weight: 400;">Given Simplex's leading position in the global market, this partnership will help MEXC expand its reach across Europe. As Simplex is a licensed financial institution (EMI), MEXC can make full use of the firm's global reach and support for different payment methods and currencies, as well as various methods for onramps including bank cards, SEPA transfers, and more. The full suite of onramp methods are provided while reducing fraud, increasing conversion, providing stellar customer support, and providing zero fraud chargeback risk exposure. </span></p> <p> </p> <p>MEXC Operations Director Alex states:</p> <p> </p> <p><em><span style="font-weight: 400;">"At MEXC, we are constantly striving to expand our global reach and improve overall cryptocurrency adoption. This strategic partnership with Simplex will help us take our OTC trading service in Europe to the next level. We will continue to push the envelope to make Bitcoin as accessible as it possibly can be."</span></em></p> <p> </p> <p><em><span style="font-weight: 400;">“</span></em><span style="font-weight: 400;">As a company we're driven to enable anyone, anywhere, to buy any digital assets or currency. We're excited to expand onramp methods for MEXC and enable greater access to the ecosystem for users globally”, - said Rachel Siegman, Head of Marketing at Simplex.</span></p> <p> </p> <p><strong>More about MEXC:</strong></p> <p class="wysiwyg-text-align-justify">Established in April 2018, MEXC is one of the world’s leading digital asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks.</p> <p> </p> <p><span style="font-weight: 400;">Website: <a href="https://www.mexc.com/">https://www.mexc.com/</a> </span></p> <p><span style="font-weight: 400;">Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a> </span></p> <p><span style="font-weight: 400;">Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a> </span></p> <p><span style="font-weight: 400;">LinkedIn: <a href="https://www.linkedin.com/company/mexcglobal/mycompany/">https://www.linkedin.com/company/mexcglobal/mycompany/</a> </span></p> <p><a href="https://helpcenter.mexc.am/hc/en-001/categories/360004383072" target="_self"><span style="font-weight: 400;">Press Releases</span></a></p> <p> </p> <p><strong>More about Simplex:</strong></p> <p><span style="font-weight: 400;">Simplex has been changing the status quo of crypto on/off ramps since 2014. As the market leader, we pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee. Simplex Banking offers the Simplex fraudless payment processing, with global payment accessibility. Working alongside the biggest names in the crypto ecosystem, Simplex provides the complete fiat infrastructure for the cryptocurrency ecosystem. As a licensed EU financial institution, Simplex was selected as one of the 10 most impactful companies in blockchain in 2020. Put simply, Simplex is making crypto accessible to all, turning the complex into the Simplex.</span></p> <p> </p> <p><span style="font-weight: 400;">Website: <a href="https://www.simplex.com/">https://www.simplex.com/</a> </span></p> <p><span style="font-weight: 400;">Twitter: <a href="https://twitter.com/SimplexCC">https://twitter.com/SimplexCC</a> </span></p> <p><span style="font-weight: 400;">Facebook: <a href="https://www.facebook.com/Simplex.cc">https://www.facebook.com/Simplex.cc</a> </span></p> <p><span style="font-weight: 400;">LinkedIn: <a href="https://www.linkedin.com/company/simplexcc">https://www.linkedin.com/company/simplexcc</a> </span></p> <p><span style="font-weight: 400;">Medium: <a href="https://simplexsolutions.medium.com/">https://simplexsolutions.medium.com/</a> </span></p>
<p><strong style="font-weight:bolder">I. Website</strong><br /><strong style="font-weight:bolder">Step 1:</strong> Login your account, find the "person" icon at the upper right corner and click "up to 50% referral commission ". <br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232302758LcpHQnInZcvTi5.png" alt="mceclip0.png" style="max-width:100%;height:auto" /><strong style="font-weight:bolder">Step 2:</strong> The referral link, referral code and referral poster are available for your selection in the middle of the referral page. <br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232304236WcHmW9HZJ0K2Gm.png" alt="mceclip1.png" style="max-width:100%;height:auto" /><strong style="font-weight:bolder">Step 3:</strong> When the referee registers with your referral link, code or poster, you can receive a referral commission from every transaction made by your referee, which will be distributed on the next day, and the amount can be viewed on the referral page.<br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232305756WThw6RZx8rBLfT.png" alt="mceclip2.png" style="max-width:100%;height:auto" /></p><p><strong style="font-weight:bolder">II. MEXC APP</strong><br /><strong style="font-weight:bolder">Step 1:</strong> Find the "Person" icon on the upper left corner. Then, click "referral commission".<br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232307264tk3Ntc1zDXFmCJ.png" alt="mceclip3.png" width="271" height="469" style="max-width:100%;height:auto" /> <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232308683RtzBmSnE2kvNXI.png" alt="mceclip4.png" width="271" height="471" style="max-width:100%;height:auto" /><br /><strong style="font-weight:bolder">Step 2: </strong> You can "Share Referral Poster" or "Share Referral Link" to your referee.<br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232310179lpbs1SGCY0wedr.png" alt="mceclip5.png" width="298" height="516" style="max-width:100%;height:auto" /><br /><strong style="font-weight:bolder">Step 3:</strong> When the referee registered by your referral link, code or poster, you can receive referral commission from every transaction made by your referee, which will be distributed on the next day. You can click "Record" to view your "invitation record" and "rebate record". <br /><br /></p><p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232311659lG3ZovqthitgbS.png" alt="mceclip7.png" width="282" height="486" style="max-width:100%;height:auto" /> <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232313114upfFHeUx4oMEaz.png" alt="mceclip6.png" width="282" height="488" style="max-width:100%;height:auto" /></p><p><strong style="font-weight:bolder">III. Referral Commission Rules</strong><br /><br />1. The referral commission rate will be based on the referrer's MX Token position.1) MX position < 50,000, referral commission rate 20%;2) 50,000<= MX position< 100,000, referral commission rate 40%;3) MX position ≥ 100,000, referral commission rate 50%;4) MEXC community partner, referral commission rate 60% <br /><br />2. The referral commission will be settled in USDT/<a href="https://www.mexc.com/price/ETH?utm_source=mexc&utm_medium=pageannouncement&utm_campaign=pagepriceeth">ETH</a>/<a href="https://www.mexc.com/price/BTC?utm_source=mexc&utm_medium=pageannouncement&utm_campaign=pagepricebtc">BTC</a> and returned to the referrer's account. That means, if the referee trades via USDT/ETH/BTC, the referral commission the referrer receives will be the USDT/ETH/BTC correspondingly. <br /><br />3. The referral commission will be settled daily, and it will be distributed to the referrer's account on the next day. <br /><br />4. Referral amount = trading volume * trading fee rate * referral commission rate<br /><br />5. The referral relation will be valid during the activity period. <br /><br />6. Deposit/withdrawal fees and margin trading fees are not included in the referral commission program.<br /><br />7. There's no limit to the number of referees. MEXC reserves the right to amend referral rules at any time.<br /><br />8. MEXC will strictly investigate duplicate accounts or fake accounts and will not pay commission once verified. If the referee violates the corresponding risk control rules, the referral commission will not be refunded to the inviter's account. At the same time, the invitation relationship of the invitee will become [invalid], and the commission will become [invalid rebate].</p>
<p><span class="wysiwyg-font-size-large wysiwyg-color-black">Dear users:</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black">MEXC has launched the innovative margin DeFi mining product, which enables users to loan USDT, BTC or ETH to earn yield of FIC token. <strong>Making loan will be deemed as participating in the DeFi Yield Mining. </strong></span></p> <p> </p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Step 1</strong>: Users who want to join the yield mining shall first register in the form below:</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><a href="http://MEXCfutures.mikecrm.com/r93Jb2w">http://MEXCfutures.mikecrm.com/r93Jb2w</a> </span></p> <ul><li> </li><li><span class="wysiwyg-font-size-large"><span class="wysiwyg-color-red">Note</span><span class="wysiwyg-color-black">: The yield mining period is 00:00, Oct. 24 - 24:00, Oct. 27 (UTC+8); a total of 4 days. After registeration, miners can join in any of the days.</span></span></li><li> </li></ul> <p> </p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Step 2</strong>: Let's have a look at the margin mining pools.</span></p> <ol><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">USDT margin mining pool: no hard cap; total yield pool of 80,000 FIC, 20,000 FIC per day.</span></li><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">BTC margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.</span></li><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">ETH margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.</span></li><li> </li></ol> <p> </p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Step 3:</strong> Make loan of USDT, BTC or ETH to participate in the yield mining activity</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black">Take loan USDT as an example. </span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>First</strong>, enter MEXC APP and find "Margin" on homepage and click to enter. Here we make loan from BTC/USDT margin pair. The 10x means 10 times leverage. See the pic. below:</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232416871TVMTzS8b5285QQ.png" alt="mceclip0.png" width="239" height="413" /> <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232418523xuvYSqkQPwYtO5.png" alt="mceclip1.png" width="239" height="413" /></span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Second</strong>, we shall transfer some USDT asset from spot accout to margin account by clicking "loan/repay" button. Then, click "Transfer". See the pic. below.</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232420002BzFsydFCe5qGZV.png" alt="mceclip2.png" width="248" height="425" /> <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232421532QHy2pnISeUPWdE.png" alt="mceclip3.png" width="245" height="425" /></span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Third</strong>, when the USDT asset transfered, we can make the loan. The loan steps are: 1. return to the loan page and click "loan"; 2. enter loan amount and click "loan" to complete the loan process.</span></p> <ul><li> </li><li><span class="wysiwyg-font-size-large"><span class="wysiwyg-color-red">Note</span><span class="wysiwyg-color-black">: The loan amount = the USDT principal * (Leverage times - 1). Suppose I transfered 10k USDT as principal, I can loan 90k from MEXC. </span></span></li><li> </li></ul> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232422957mGBAobzNFRhUNr.png" alt="mceclip4.png" width="266" height="455" /> <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232424474QkGdbJdvI7uRUI.png" alt="mceclip5.png" width="261" height="455" /></span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>In simple</strong>, after registration and making loan, you have participate in the yield mining successfully. </span></p> <ul><li> </li><li><span class="wysiwyg-font-size-large"><span class="wysiwyg-color-red">Note</span><span class="wysiwyg-color-black">: If you repay the loan soon after making it, there will be no mining yield. </span></span></li><li> </li></ul> <p> </p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><strong>Join margin trading to enjoy additional reward</strong></span></p> <p><span class="wysiwyg-font-size-large"><span class="wysiwyg-color-black">In addition to the mining yield reward, miners who join margin trading during the yield mining period can share </span><span class="wysiwyg-color-red">1.</span><span class="wysiwyg-color-black"><strong>50% margin trading fees</strong>, </span><span class="wysiwyg-color-red">2.</span><span class="wysiwyg-color-black"><strong>additional FIC token reward</strong> and </span><span class="wysiwyg-color-red">3.</span><span class="wysiwyg-color-black"><strong>100 USDT margin trading voucher </strong></span><span class="wysiwyg-color-red">4. </span><span class="wysiwyg-color-black"><strong>40% loan fee discount</strong>.</span></span></p> <ol><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">Miners with margin trading volume no less than 1,000 USDT of the day during the yield mining period are eligible to share 50% of the margin trading fee from all miners of the day.</span></li><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">All miners who have joined margin trading during the yield mining period can share an additional prize pool of 10,000 FIC in proportion to their margin trading volume respectively.</span></li><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">All miners can get a margin trading voucher with face value of 100 USDT. </span></li><li> </li><li><span class="wysiwyg-font-size-large wysiwyg-color-black">All miners can enjoy 40% loan fee discount for USDT, BTC, ETH loans during the yield mining period.</span></li><li> </li></ol> <p> </p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black">For more activity details, please refer to previous announcement here:</span></p> <p><span class="wysiwyg-font-size-large wysiwyg-color-black"><a href="https://support.mexc.me/hc/en-001/articles/360050939272">https://support.mexc.me/hc/en-001/articles/360050939272</a> </span></p>
<p>Singapore, Oct. 14, 2020 -- MEXC (<a href="http://www.mexc.com">www.mexc.com</a>), a leading and reputable cryptocurrency provider of the spot, margin, contract, leveraged ETF, index products, contract, PoS staking, and OTC services showcase its unique approach to decentralized finance (DeFi). The transition from traditional yield mining to MX DeFi has been incredibly successful, further illustrating the company's commitment to innovation. </p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232429426gk1ko8ZZXZYupe.png" alt="mceclip0.png" /></p> <p>Source: <u><a href="https://www.mexc.com/mx-defi">https://www.mexc.com/mx-defi</a> </u></p> <h2><strong>MEXC is Ahead of the Rest</strong></h2> <p>The past few months have been incredibly exciting for anyone interested in decentralized finance, or DeFi. Many projects have been launched this year, and more of them are still in the pipeline. Numerous tokens obtained a listing on MEXC first (including PNK, COMP, LEND, POLS, and many others), as the company has beaten its competition hands-down in this segment. </p> <p> </p> <p>The tokens listed on MEXC ahead of platforms such as OKEx, Huobi, or Binance have all gone through significant value increases. This has been appreciated by the growing MEXC community. Ultimately, all other major exchanges listed the tokens as well, leaving less room for profit for enthusiasts. </p> <p> </p> <p>So far, MEXC has beaten its competitors to listing for over a dozen different DeFi tokens. That list will keep increasing as more time progresses. Keeping the finger on the DeFi pulse is crucial for any exchange trying to make a lasting impact on cryptocurrency enthusiasts. </p> <p> </p> <h2><strong>Supporting new DeFi Projects and Tokens</strong></h2> <p>Outperforming the competition requires an open mind toward new concepts and industries. MEXC has become one of the biggest service providers in Asia. Adding support for DeFi projects and yield farming to the growing list of services strengthens the company's position on the market.</p> <p> </p> <p>MEXC Vice President of Global Business <a href="https://twitter.com/katherinedeng6" target="_self" rel="noopener noreferrer">Katherine Deng </a>states:</p> <p> </p> <p><em>“We are always open-minded toward potential trends in the broader cryptocurrency and blockchain space. DeFi assets are in high demand, and we strive to offer our customers what they desire. This approach allows us to introduce clients to new DeFi projects and assets, all the while providing a safe yield mining environment. Our state-of-the-art Impermanent Loss Compensation ensures token volatility is never a concern.” </em></p> <p> </p> <p>As cryptocurrency enthusiasts actively seek out the next potential DeFi "unicorn", they need access to new tokens at an early stage. MEXC provides users with everything they need, as it removes the barriers to entry often faced when dealing with DEXes. This has resulted in a much higher trading volume on the platform, as well as a growing appreciation for the various DeFi efforts launched by the company. </p> <p> </p> <p>In turn, MEXC has already made the transition from yield mining to MX DeFi. Shifting the focus to a more accommodating and modern business model puts the platform several steps ahead of other exchanges. All aspects related to this transition - user feedback, lock-up funds, and overall social activity - confirm the switch to MX DeFi is exactly what the users wanted. </p> <h2><strong>MX DeFi is the Future</strong></h2> <p>To cater to the needs and wants of cryptocurrency enthusiasts, MEXC initially launched two yield mining projects. Both <a href="https://support.mexc.com/hc/en-001/articles/360049413892-Announcement-on-Yield-Distribution-of-FRONT-for-MEXC-1st-Session-New-Coin-Mining-"><u>FRONT </u></a>and <a href="https://support.mexc.com/hc/en-001/articles/360050305471-MEXC-2nd-Session-Yield-Mining-Goes-Live-Stake-MX-to-Mine-POLS"><u>POLS</u></a>, which were supported by this exchange well before anyone listed them - saw plenty of enthusiasm from community members. The yield mining projects turned out to be a huge success, but MEXC noted there was room to take things one step further.</p> <p> </p> <p>Ever since MX DeFi has been introduced, the increase in locked-up funds has been notably higher. New projects such as <a href="https://www.mexc.com/mx-defi/list"><u>DeFiner, Chicken Finance, and BTCTRON</u></a> have all seen ample liquidity support. Combined totals for these three projects top $20 million, with BCTRON reaching its cap of 6.4 million USDT within the first 30 minutes. A further testament to how MX DeFi is shaping the future of decentralized finance yield mining. </p> <p> </p> <p>What’s more, the BTCTRON mining project is supported by Tron Foundation official.</p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232430986mZUEEcbdjX7fJY.png" alt="mceclip1.png" /></p> <p>Source: <a href="https://twitter.com/MEXC_Exchange/status/1316055818546999296">https://twitter.com/MEXC_Exchange/status/1316055818546999296</a> </p> <p> </p> <p>Further, MEXC is the world's first to enable $BTCTRON deposit & withdrawal service, which is also re-tweeted by Justin Sun, founder of the TRON and current CEO of BitTorrent.</p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232432487FjzhU6VwvDrXx2.png" alt="mceclip2.png" /></p> <p> </p> <p>Source: <a href="https://twitter.com/justinsuntron/status/1316067649420357632">https://twitter.com/justinsuntron/status/1316067649420357632</a> </p> <p> </p> <p>Giving users different choices and options is what decentralized finance is all about. Through MX DeFi, users can mine BTCTRON - a TRC-20 tokenized version of Bitcoin - as well as KFC and FIN tokens. All they need to do is lock their MX, USDT, or ETH assets in the pool. None of the DeFi assets has a hard cap, allowing for users to earn unlimited rewards. All locked tokens can be withdrawn in a flexible manner. </p> <p> </p> <p>On that topic, MEXC users can benefit from MX DeFi and yield farming without worrying about price drops. If the mined token drops in value, users will be covered by MEXC's Impermanent Loss Compensation. In short, the company offsets profits or covers outstanding losses through its standby fund. </p> <p> </p> <p>MEXC is the only trading platform offering such lucrative yield farming options to its users. The company's mission is to empower the user first and foremost. </p> <p> </p> <p>MEXC Vice president of Global Operations <a href="https://twitter.com/Alex0627"><u>Alex </u></a>adds:</p> <p> </p> <p><em>“At MEXC, we are 110% committed to providing our users with the best and safest trading experience. Decentralized finance is the most popular trend in cryptocurrency right now. Our dedication to supporting up-and-coming projects creates a win-win-win situation for us, our users, and the innovative DeFi projects.” </em></p> <p> </p> <p><strong>About MEXC</strong></p> <p>Established in April 2018, MEXC is one of the world’s leading digital-asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks.</p>
<p>Singapore, October 7, 2020 - MEXC ( <a href="http://www.mexc.com" target="_self" rel="noopener noreferrer">www.mexc.com</a> ), one of the world-leading global digital asset trading platforms, is preparing to tighten its relationship with the Polkadot team. As a Polkadot ecosystem development supporter, MEXC is considering establishing a special <a href="https://medium.com/@topia_block/MEXC-global-announced-the-establishment-of-polkadot-ecological-special-fund-57b489a26c2d"><u>fund</u></a> to support current and future PolkaProjects. </p> <p>Polkadot is a rising star among blockchain ecosystems. Founded by the Web3 Foundation, Polkadot introduces a sharded protocol to let blockchains run in an interoperable manner. It is very different from Ethereum, even though both can coexist with ease. In fact, Polkadot was initially created by Dr. Gavin Wood, the co-founder of Ethereum, its Solidity programming language, and Parity Technologies.</p> <p>By putting a strong focus on interoperability, instead of competition, Polkadot may elevate the blockchain industry to an entirely new level. It also facilitates easy innovation, as every developer can set up their own blockchain. All networks under this project's banner can complete tasks in parallel, allowing for smoother scaling. </p> <p>MEXC positions itself as a proud supporter of blockchain development. As such, MEXC has become one of the node validators for ChainX, one of the hundreds of projects building on the Polkadot infrastructure. </p> <p>ChainX is designed to make validators more scalable, and support inter-chain assets in a decentralized manner. Building the largest Proof-of-Stake network to date requires support from prominent industry participants. MEXC is the first major participant to openly pledge support to this PolkaProject. </p> <p>Supporting ChainX and the broader Polkadot ecosystem helps strengthen the ties with MEXC. Both teams maintain a close relationship, as senior members of Polkadot are in close contact with MEXC's officials. </p> <p>To further illustrate the importance of this relationship, MEXC has set up a <a href="https://medium.com/@topia_block/MEXC-global-announced-the-establishment-of-polkadot-ecological-special-fund-57b489a26c2d"><u>dedicated fund</u></a> to support current and future PolkaProjects. With dozens of services, products, and tools being built already, there is plenty of action to take note of. </p> <p>This close collaboration between MEXC and Polkadot goes back a while. MEXC is the first trading platform who supports DOT claim, transfer and trade. Besides, MEXC actively cooperated with the Polkadot team for the DOT Split of 100X plan in August 2020. MEXC supports spot and margin trading, as well as leveraged ETF and contract trading, for assets such as DOT, KSM, EDG, and other blockchain-oriented assets and tokens. The projects building this infrastructure or enhancing it beyond what is currently possible are worth keeping tabs on. All of the main protagonists have made their way to MEXC in recent months. </p> <p>Speaking of the exchange itself, MEXC was the first to list <a href="#KSM_USDT"><u>KSM </u></a>and <a href="#DOT_USDT"><u>DOT </u></a>in 2019. Many of its users were able to access these assets before they got listed on other trading platforms. </p> <p>Furthermore, MEXC was one of the first to support proof-of-stake through an exchange. This staking service has proven to be of great value to exchange users. Being able to store tokens and earn staking rewards through one platform offers a significant convenience advantage. </p> <p>By actively supporting the building blocks of the blockchain industry, MEXC finds itself in a very strong position. maintaining close ties with Polkadot further affirms the company's vision to see this industry evolve into a mainstream technology. </p> <p> </p> <p>Learn more about Polkadot: <a href="https://blog.mexc.com/what-is-polkadot-dot/" target="_blank" rel="noopener noreferrer">What is Polkadot (DOT)</a></p> <p>Learn <a href="https://www.mexc.com/articles/how-to-buy-dot" target="_blank" rel="noopener noreferrer">How to Buy Polkadot (DOT)</a></p> <p> </p> <p><strong>About MEXC</strong></p> <p>Established in April 2018, MEXC is one of the world’s leading digital-asset trading platforms that offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks.</p>
<p><span class="wysiwyg-font-size-large" style="font-weight:400">Singapore, Oct.7,2020 - MEXC (www.MEXC.com), one of the world-leading global digital asset trading platforms, is raising the bar with its new DeFi mining product. Introducing impermanent loss compensation for all users is an industry first. The product reached its 1,000 ETH hard cap within 30 seconds, primarily thanks to this unprecedented protective measure.</span></p> <p> </p> <p><span class="wysiwyg-font-size-large"><span style="font-weight:400">MEXC is one of the many exchanges that sees merit in decentralized finance or DeFi. This industry is still in the early stages of development, allowing for many unique services to be launched in the coming years. The exchange is paving the way for such innovation in the form of</span><a href="https://www.mexc.com/pos/list"> <span style="font-weight:400">EQL</span></a><span style="font-weight:400">, its new DeFi mining product. </span></span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400">Following the announcement of this service, it took mere seconds to reach the 1,000 ETH hard cap. This confirms <a href="https://www.mexc.com/price/ETH?utm_source=mexc&utm_medium=pageannouncement&utm_campaign=pagepriceeth" target="_blank" rel="noopener noreferrer">Ethereum</a> users remain the primary user base for DeFi products and services. A big part of this success can be attributed to the impermanent loss compensation offered by MEXC. </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400">Should the liquid mining project suffer a significant drop in value, users will not lose any funds contributed initially. Instead, MEXC will either offset the profits or cover any outstanding losses through its standby fund. This service has never been provided in the cryptocurrency or DeFi world before, further affirming MEXC's status as a leader in the industry. </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large"><strong>MEXC Operations Director Alex adds:</strong></span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large"><em><span style="font-weight:400">“The launch of EQL DeFi mining is something we have been working on behind the scenes for a while. We are especially proud to become the first to offer impermanent loss compensation to all of our participating users, which can bring our users unprecedented peace of mind while engaging in DeFi-related activities. At MEXC, we will continue to provide valuable services and products related to decentralized finance over the coming months.”</span></em></span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large"><span style="font-weight:400">Catering to the Ethereum holders,</span><a href="https://support.mexc.me/hc/en-001/articles/360050543651-MEXC-Launches-EQL-DeFi-Mining-Product;"> <span style="font-weight:400">EQL</span></a> <span style="font-weight:400">can be mined by locking Ether into a contract. There is a hard cap of 1,000 ETH, with the entry standard of 0.05 ETH. Participants can expect an annualized yield rate of up to 100%, but the minimum threshold sits at 20%. Locking up funds is subject to a minimum threshold of five days. </span></span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400">Distribution of mining yields will occur in either EQL or Ether assets. This will come down to the current market conditions at the time of the distribution. Tokens will unlock automatically after their maturity period has concluded.</span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400">Given the massive interest in EQL DeFi mining, it is evident MEXC is on the right path. Exchanges need to push the boundaries of integrating or creating decentralized finance solutions. EQL serves as an interesting example of what can be achieved in this relatively new industry. Demand for impermanent loss compensation is likely to become more apparent following this successful venture.</span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large"><strong>About MEXC</strong></span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400"> </span></p> <p><span class="wysiwyg-font-size-large" style="font-weight:400">Established in April 2018, MEXC is one of the world’s leading digital-asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks.</span></p>
<p><strong>Dear users:</strong></p> <p>MEXC listing CyberVein (CVT) on the mainboard, and open trading for CVT/USDT trading pair. Meanwhile, light-up and trading contests will be held with 128,000 CVT prize giveaway has ended successfully. The list of ranking awards is now announced as follows:</p> <p><strong>【</strong><strong>CVT Trading Competition-Trading Ranking Award</strong><strong>】</strong></p> <table width="729"><tbody><tr><td width="80">Ranking Volume </td><td width="251">Account </td><td width="137">Trading volume</td><td width="261">Reward（CVT）</td></tr><tr><td>1</td><td>97****04@qq.com</td><td>1866945.70</td><td>8000.00</td></tr><tr><td>2</td><td>27****05@qq.com</td><td>920356.57</td><td>6000.00</td></tr><tr><td>3</td><td>26****25@qq.com</td><td>830621.32</td><td>4000.00</td></tr><tr><td>4</td><td>ba****iu@sina.com</td><td>806796.86</td><td>2841.65</td></tr><tr><td>5</td><td>t1****po@163.com</td><td>663265.11</td><td>2336.11</td></tr><tr><td>6</td><td>79****89@qq.com</td><td>502361.87</td><td>1769.39</td></tr><tr><td>7</td><td>li****sz@139.com</td><td>478092.84</td><td>1683.91</td></tr><tr><td>8</td><td>13****10@139.com</td><td>374143.76</td><td>1317.79</td></tr><tr><td>9</td><td>18****83@qq.com</td><td>312068.24</td><td>1099.15</td></tr><tr><td>10</td><td>78****79@qq.com</td><td>270291.62</td><td>952.00</td></tr></tbody></table> <p>Congratulations to the above users for winning CVT rewards. In addition, due to a large number of participants, we did not show the rest of the winning users, the rewards will be issued within 3 days. For the winning users, please go to [Assests]-[Fund History]-[Other Records] to check your rewards</p> <p> </p> <div>[Light-up plan]</div> <div> </div> <div>The number of participants in the lighting program far exceeds the number of winners. MEXC has screened the participating users' award qualifications according to the submission time sequence. Due to a large number of winners and limited space, we will not post all winners here The reward will be issued to your account within 3 days. For the winners, please check your rewards on your account.</div> <div> </div> <div> </div> <div> </div> <div> </div> <div>Thank you for your support of this event.</div> <div> </div> <div>For details of the event announcement, please see: <a href="https://support.mexc.com/hc/en-001/articles/360049709972-MEXC-Will-List-CyberVein-CVT-Join-Light-up-and-Trading-Contest-to-Win-128-000-CVT-Prize">https://support.mexc.com/hc/en-001/articles/360049709972-MEXC-Will-List-CyberVein-CVT-Join-Light-up-and-Trading-Contest-to-Win-128-000-CVT-Prize</a> </div> <p> </p> <p><span class="wysiwyg-font-size-large"><strong>Find us on:</strong></span></p> <p><span class="wysiwyg-font-size-large">Telegram: <a href="https://t.me/MEXCEnglish">https://t.me/MEXCEnglish</a></span></p> <p><span class="wysiwyg-font-size-large">MEXC trading: <a href="https://t.me/MEXCtrade">https://t.me/MEXCtrade</a> </span></p> <p><span class="wysiwyg-font-size-large">Twitter: <a href="https://twitter.com/MEXC_Exchange">https://twitter.com/MEXC_Exchange</a></span></p> <p><span class="wysiwyg-font-size-large"> <a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a></span></p> <p><span class="wysiwyg-font-size-large">Reddit: <a href="https://www.reddit.com/r/MEXCexchange/">https://www.reddit.com/r/MEXCexchange/</a></span></p> <p><span class="wysiwyg-font-size-large">Facebook: <a href="https://www.facebook.com/MEXCexchangeofficial/">https://www.facebook.com/MEXCexchangeofficial/</a></span></p> <p><span class="wysiwyg-font-size-large">Discord: <a href="https://discord.gg/zu5drS8">https://discord.gg/zu5drS8</a></span></p> <p><span class="wysiwyg-font-size-large"> </span></p> <p><span class="wysiwyg-font-size-large">Register an account of MEXC here:</span></p> <p><span class="wysiwyg-font-size-large"><a href="https://www.mexc.com/auth/signup?inviteCode=12wvM">https://www.mexc.com/auth/signup?inviteCode=12wvM</a> </span></p> <p><span class="wysiwyg-font-size-large"> </span></p> <p><span class="wysiwyg-font-size-large">Enjoying your trade on MEXC.</span></p> <p><span class="wysiwyg-font-size-large">The MEXC team</span></p> <p><span class="wysiwyg-font-size-large">October 6th,2020</span></p>
<p>In order to reduce transaction fees, provide a better trading experience and reward active traders, MEXC Futures implemented a tiered fee rate starting at 16:00 (UTC+8) on October 14, 2020. The details are as follows:</p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428231805483FdPBCVd43bLamM.jpg" alt="_en.jpg"></p> <p><strong>Note:</strong></p> <ol> <li>Trading volume= opening + closing (all contract types).</li> <li>Trader level is updated every day at 16:00(UTC) according to the user's Futures account wallet balance or the user's 30-day trading volume. The update time may be slightly delayed.</li> <li>When the contract fee rate is 0 or negative, the contract fee discount will not be used.</li> <li>Market makers are not entitled to this discount.</li> </ol> <p>These rules form part of the platform user agreement and have the same legal effect as the user agreement.</p>
<p><span style="font-weight:400">Login</span></p> <p>1. Click on the navigation bar to enter the futures trading tab and select the trading pair.</p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012710913s5VDmD7r1K185H.png" alt="en11.png" width="288" height="594" /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012712748QH95g7Ehi3fe6t.png" alt="en12.png" width="287" height="590" /></p> <p><span style="font-weight:400">2. Click on the K-line icon on the upper right corner to view the K-line chart. Click on the right side of the K-line icon to view the futures info, use the calculator, and other functions.</span></p> <p><span style="font-weight:400"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012714297Mq8exgoLZwArVz.png" alt="en21.png" width="282" height="570" /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012715856fOLpxTNG2iQl5H.png" alt="en22.png" width="282" height="571" /></span></p> <p><span style="font-weight:400">3. Trade</span></p> <p><span style="font-weight:400">（1）MEXC perpetual contract consists of USDT-M contracts and COIN-M contracts. USDT-M contracts use USDT as margin, while COIN-M contracts use the corresponding crypto as margin. Users can choose different trading pairs to trade according to their needs.</span></p> <p><span style="font-weight:400"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304290127173580bNLHk5sNU1Fcc.png" alt="en31.png" width="276" height="565" /></span></p> <p><span style="font-weight:400">（2）If there are not enough funds available, users can transfer funds from their spot account to their futures account. If there are no funds in the spot account, users have to top up or trade in fiat.</span></p> <p><span style="font-weight:400"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012718962fMEklkCrzSWjO0.png" alt="en321.png" width="226" height="454" /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012720489HlT4M2iN16PbPW.png" alt="en322.png" width="224" height="458" /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012721999lLzUzyb9tny5EJ.png" alt="en323.png" width="224" height="456" /></span></p> <p><span style="font-weight:400">（3）To submit an order, fill in the order information in the order section (including selecting the order type, price, and quantity) and then submit the order.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012723528aSsFhqQh70AHKf.png" alt="en33.png" width="263" height="534" /></p> <ol start="4"><li> </li><li><span style="font-weight:400"> Leverage</span></li><li> </li></ol> <p><span style="font-weight:400">MEXC perpetual contracts support up to 200x leverage, and the maximum leverage varies by product. Leverage is determined by the initial margin and maintenance margin levels. They determine the minimum amount of capital you need to open and maintain a position.</span></p> <p><span style="font-weight:400">* The current two-way mode allows users to use different leverage multiples for long and short positions, and also supports margin mode switching. This means users can switch between cross margin and isolated margin mode.</span></p> <p><span style="font-weight:400">[How to change multiplier]</span></p> <p><span style="font-weight:400">For instance, the multiplier for the long position is 3X and 20X for the short position. In order to reduce the risk hedging, it is recommended that users change the long position from 3X to 20X.</span></p> <p><span style="font-weight:400">Click the [Long 3X] button, and then manually adjust the multiplier. Here, we adjust it to 20X,. Click [Confirm].</span></p> <p><span style="font-weight:400">The leverage multiplier of the long position has changed to 20X.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012725187oGt9Am6rW2nr6e.png" alt="en4.png" width="223" height="446" /></p> <p> </p> <p> </p> <ol start="5"><li> </li><li><span style="font-weight:400"> Cross Margin Mode</span></li><li> </li></ol> <p><span style="font-weight:400">Cross margin refers to the use of all available balance in the account as margin to avoid liquidation. In this margin mode, liquidation will be triggered when the equity is insufficient to meet the maintenance margin requirement. If a cross margin position is liquidated, the user will lose all assets in the account except for the margin of the isolated margin positions.</span></p> <p> </p> <ol start="6"><li> </li><li><span style="font-weight:400"> Isolated Margin Mode</span></li><li> </li></ol> <p><span style="font-weight:400">The maximum loss of isolated position is limited to the initial margin of the position and the increased margin used by the position. If a position gets liquidated, the user will only lose the isolated position margin for each position, and the available balance of the account will not be added. By isolating the margin used for a position, you can limit losses on that position, thus helping you if your short-term speculative trading strategy fails.</span></p> <p><span style="font-weight:400">Users can manually add margin for their isolated margin positions to optimize the liquidation price. </span></p> <p><span style="font-weight:400">*The system default is isolated margin mode. It will change to cross margin mode when the option is clicked.</span></p> <p><span style="font-weight:400">*Currently, MEXC perpetual contracts allow users to change from isolated margin mode to cross margin mode; note that users can’t change cross margin positions to isolated margin positions.</span></p> <p><span style="font-weight:400">[Change to Isolated Margin]</span></p> <p><span style="font-weight:400">Currently, users can use different leverage multipliers for both long and short positions, and can modify any leverage multiplier in isolated margin mode.</span></p> <p><span style="font-weight:400">[How to Change]</span></p> <p><span style="font-weight:400">For instance, there is a current long BTCUSDT position with 20X leverage. If you want to change the isolated margin mode to cross margin mode, click the [Long 20X] button, then click the [cross margin] button, and finally click [Confirm].</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304290127266489HLYPVGksgJujU.png" alt="en6.png" width="267" height="532" /></p> <ol start="7"><li> </li><li><span style="font-weight:400"> Long & Short</span></li><li> </li></ol> <p><span style="font-weight:400">（1）Buy Long</span></p> <p><span style="font-weight:400">A trader will buy more contracts if he judges that the market price will rise in the future.</span></p> <p><span style="font-weight:400">Going long means buying a contract at a suitable price, waiting for the market price to rise, and then selling (closing the position) to earn the difference. It is similar to spot trading and is referred to as "buy first and sell later".</span></p> <p> </p> <p><span style="font-weight:400">（2）Sell Short</span></p> <p><span style="font-weight:400">A trader will sell contracts if he judges that the market price will fall in the future.</span></p> <p><span style="font-weight:400">Sell short means selling a contract at a suitable price and waiting for the market price to fall before buying (closing the position) to earn the difference. It is referred to as "sell first and buy later".</span></p> <p><span style="font-weight:400">If you have completed the above steps, congratulations, you have traded successfully!</span></p> <p> </p> <ol start="8"><li> </li><li><span style="font-weight:400"> Order</span></li><li> </li></ol> <p><span style="font-weight:400">A variety of order modes are available for MEXC futures, enough to fully meet all traders’ trading needs.</span></p> <p><span style="font-weight:400"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012728195kz9qnEwn7AikyN.png" alt="en8.png" width="272" height="560" /></span></p> <p><span style="font-weight:400">（1）Limit Order</span></p> <p><span style="font-weight:400">Limit orders allow the user to set the order price and the order will be filled at the order price or at a price better than the order price.</span></p> <p><span style="font-weight:400">When using limit order, users can also set the time in force according to their trading needs, with the default being GTC:</span></p> <p><span style="font-weight:400">- GTC (Good-Til-Canceled): This type of order will remain in effect until it is completely filled or canceled.</span></p> <p><span style="font-weight:400">- IOC (Immediate-Or-Cancel): This type of order will be canceled if the order is not filled immediately at the specified price.</span></p> <p><span style="font-weight:400">- FOK (Fill Or Kill): This type of order will be canceled immediately if the order is not filled in full.</span></p> <p> </p> <p><span style="font-weight:400">（2）Market Order</span></p> <p><span style="font-weight:400">Market orders will be filled at the best price available in the order list at the time, eliminating the need to set your own price and allowing orders to be filled quickly.</span></p> <p><span style="font-weight:400">（3）Trigger Order</span></p> <p><span style="font-weight:400">Users set a trigger price. When the base price (market price, index price, fair price) reach the trigger price, the order will be placed at the order price (support limit or market price).</span></p> <p><span style="font-weight:400">（4）Post Only</span></p> <p><span style="font-weight:400">Post only orders will not be immediately traded in the market, ensuring that the user is always a Maker. At the same time, if the order is filled with an existing order, the order will be immediately revoked.</span></p> <p> </p> <p><span style="font-weight:400">（5）Trailing Stop Order</span></p> <p><span style="font-weight:400">A Trailing Stop Order is a strategy order that tracks the market price. Its trigger price may change with market volatility. This trigger price calculation: Sell, Actual Trigger Price = Market's Historically Highest Price - Trail Variance (Var.), Or Market's Historically Highest Price * (1 - Trail Variance %) (Ratio); Buy, Actual Trigger Price = Market's Historically Lowest Price + Trail Variance, Or Market's Historically Lowest Price * (1 + Trail Variance %). At the same time, the user can select the price at which the order is activated. The system will start to calculate the trigger price only after the order is activated.</span></p> <p><span style="font-weight:400">（6）Stop Limit Take Profit</span></p> <p><span style="font-weight:400">MEXC perpetual contract supports opening positions while setting stop loss and take profit. To long BTCUSDT, for example, the entry price 21850 USDT, fill in the take profit price as 21900, stop loss price 21800, and click sell.</span></p> <p><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012729667az9u3CcRWDApp8.png" alt="en86.png" width="353" height="710" /></p> <p> </p> <p><span style="font-weight:400">What are the advantages of using perpetual contracts for investment purposes? Let's take the example of a USDT-M contract:</span></p> <p><span style="font-weight:400">Suppose trader A and B participate in BTC trading at the same time, A uses MEXC perpetual contract while B buys spot directly (equivalent to 1 times without opening leverage).</span></p> <p><span style="font-weight:400">The entry price of BTC is 7000 USDT with the entry value of 1 BTC. MEXC perpetual contract BTCUSDT single contract value is 0.0001BTC.</span></p> <p> </p> <p> </p> <p><span style="font-weight:400">Buy/Long Example</span></p> <p><span style="font-weight:400">If the price of BTC increase to 7500 USDT, let’s compare A and B’s earnings: </span></p> <p> </p> <table></table> <table><tbody></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Project</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">A-Perpetual Contracts</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">B-Spot Trade</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Entry Price</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Entry Value</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">10000 contr. (approx. 1 BTC)</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">1 BTC</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Multiplier</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">100X</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">1X (no leverage)</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Funds Used</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">70 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Earnings</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Yield Rate</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">714.28%</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7.14%</span></p> </td></tr></tbody></table> <p> </p> <p> </p> <p><span style="font-weight:400">Sell/Short Example</span></p> <p><span style="font-weight:400">If the price of BTC decrease to 6500 USDT, let’s compare A and B’s earnings: </span></p> <p> </p> <table></table> <table><tbody></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Project</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">A-Perpetual Contracts</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">B-Spot Trade</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Entry Price</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Entry Value</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">10000 contr. (approx. 1 BTC)</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">1 BTC</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Multiplier</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">100X</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">1X (no leverage)</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Funds Used</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">70 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7000 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Earnings</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">500 USDT</span></p> </td></tr></tbody></table> <table><tbody><tr></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">Yield Rate</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">714.28%</span></p> </td></tr></tbody></table> <table><tbody><tr><td> <p><span style="font-weight:400">7.14%</span></p> </td></tr></tbody></table> <p> </p> <p><span style="font-weight:400">By comparing the above cases, we find that A used 100 times leverage and only 1% ofB's margin to get the same return, making a big profit from a small amount.</span></p> <p> </p> <p><span style="font-weight:400">If you need to know more about the data calculation, you can use the "Calculator" on our trading page.</span></p> <p><span style="font-weight:400"><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F202304290127311415bXBKF65HW1nXz.png" alt="enj1.png" width="324" height="655" /><img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230429012732617JbdAbYypwF7UXb.png" alt="enj2.png" width="322" height="651" /></span></p> <p> </p> <p> </p> <p> </p>