<div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">1. Overview</strong></span></h2><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">To regulate trading activities, maintain market functioning, and ensure fairness, MEXC monitors trading activity to identify and address irregular behavior. When abnormal trading behavior is identified, MEXC may initiate procedures for handling abnormal trading and take corresponding management measures against the users involved.</span></span></div><div> </div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">2. Identification of Abnormal Trading Behavior</strong></span></h2><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">A user's activity will be deemed abnormal trading behavior under any of the following circumstances:</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">1) Engaging in repeated self-trading (buying and selling with oneself) or transactions between accounts under the same beneficial control, acting as counterparties multiple times (self-matching). This includes, but is not limited to, abnormal behavior such as identical or related sources of funds across one or more accounts, identical IP addresses, or synchronized trading patterns; accounts under the same actual control using wash trading or matched trades to manipulate market prices; or repeated counterparty transactions between customers within one or more accounts under common control.</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">2) Frequent intraday order placement and cancellation that may affect trading prices or mislead other market participants (frequent order placement and cancellation).</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">3) Multiple intraday large-order placements and cancellations that may affect trading prices or mislead other market participants (large-order placement and cancellation).</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">4) The number of opened trades in a single day for a specific trading product (including but not limited to MEXC Futures or Spot) exceeds the intraday trading limits set by the exchange.</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">5) Using algorithmic trading methods to place orders in a way that may affect the security of MEXC's systems or the normal trading order.</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">6) Trading behavior carried out with dishonest intent: Where MEXC reasonably determines that there may be suspected or actual market manipulation and/or market abuse, including but not limited to the following:</span></span></div><ul style="list-style-type:disc" start="1"><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Conducting trades at executable prices that significantly deviate from current market prices to secure unfair profit.</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Deliberately influencing market prices or market depth by other means for the purpose of manipulation.</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Exploiting MEXC's pricing mechanisms or other system vulnerabilities for improper gain.</span></span></div></li><li style="text-align:left"><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Engaging in abnormal wash trading to create a false appearance of market activity or distort market behavior for improper gain.</span></span></div></li></ul><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">7) Coordinated multi-account activity: Where two or more accounts are under common control or highly related, and by synchronizing or coordinating their trading behavior, may constitute market manipulation or abuse. In such cases, MEXC may assess and handle the activity collectively based on comprehensive evidence.</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">8) Any other circumstances as determined by MEXC.</span></span></div><div> </div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">3. Handling of Abnormal Trading Behavior</strong></span></h2><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">To safeguard the integrity of trading on MEXC, if a user engages in any of the abnormal trading behaviors listed above, MEXC may, without prior notice, take the following measures against the account:</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">1) Require the user to provide a report on their trading activity.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">2) Restrict, suspend, or terminate the user’s access to the </span></span><a href="https://www.mexc.com/"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MEXC website</span></span></a><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">3) Restrict opening new positions, impose deadlines for position closures, or enforce liquidation.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">4) Restrict deposits and withdrawals for the account.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">5) Close the account and confiscate any remaining assets.</span></span></div><div style="text-align:left"><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">6) Take any other measures permitted under the exchange's business rules.</span></span></div><div> </div><h2><span style="font-family:'arial' , 'helvetica' , sans-serif"><strong style="font-weight:bolder">4. Disclaimer of Liability</strong></span></h2><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">Users participating in trading on MEXC must comply with applicable laws, regulations, and the business rules of the exchange, and are subject to MEXC's oversight and monitoring of the legitimacy of their trading activities. Users are expected to regulate their own trading behavior accordingly.</span></span></div><div> </div><div><span style="font-size:16px"><span style="font-family:'arial' , 'helvetica' , sans-serif">MEXC reserves the right to pursue any fair and legally permissible remedies in response to abnormal trading behavior, including but not limited to restricting all trading activities of abnormal trading accounts. MEXC shall bear no liability for any economic losses arising from suspected violations of these rules.</span></span></div><div> </div></div>
<p><strong>Dear Users: </strong></p> <p> </p> <p>The contract referral commission feature has launched. Users who invite friends to trade perpetual contracts on MEXC can enjoy up to 30% referral commission rate with a valid period of 1080 days. The specific information rate is related to the inviter's MX token position. The details are shown below:</p> <p>1. 0 < MX token position < 10,000: Commission rate: 10%</p> <p>2. 10,000 ≤ MX token position < 100,000: Commission rate: 20%</p> <p>3. MX token position ≥ 100,000: Commission rate: 30%</p> <p> </p> <p>Kindly contact customer service (<a href="https://t.me/mexcdm4" target="_self" rel="noopener noreferrer">@mexcdm4</a>) on Telegram for more details.</p> <p> </p> <p><strong>Note:</strong></p> <p>1. Though it shows [Spot Commission] on APP, it actually includes the spot and leveraged ETF commission as the APP hasn't been updated in time.</p> <p>2. The rules displayed on APP is not updated yet until the release of the next-version APP. But rules in the announcement prevails.</p> <p>3. MEXC reserves the right to adjust the referral commission rate and period based on the demand of market operation.</p> <p> </p> <p><strong>Find us on:</strong></p> <p>Telegram: <a href="https://t.me/MEXCEnglish">https://t.me/MEXCEnglish</a></p> <p>MEXC Trading: <a href="https://t.me/MEXCTradeofficial">https://t.me/MEXCTradeofficial</a></p> <p>Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a></p> <p><a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a></p> <p>Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a></p> <p>Discord: <a href="https://discord.gg/zu5drS8">https://discord.gg/zu5drS8</a></p> <p> </p> <p>Register an account of MEXC here:</p> <p><a href="https://www.mexc.com/auth/signup?inviteCode=12wvM">https://www.mexc.com/auth/signup?inviteCode=12wvM</a></p> <p> </p> <p>Enjoy trading on MEXC.</p> <p>The MEXC Team</p> <p>July 7, 2020</p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p> <p> </p>
<p><strong>Dear Users,</strong></p> <p><span style="font-weight:400">MEXC will launch the Assessment Zone on the MEXC website at 12:00 on June 30, 2020 (UTC). Projects in the Assessment Zone are usually non-initial listing, some of which are in an early stage with a certain user base, and recommended by community users for listing. <br />The assessment period in the Assessment Zone is limited to 60 days. Users can renew the project by voting with MX. Project tokens will be automatically hidden or removed after expiration without further notice. <br />During the assessment period, projects with smooth development and a certain level of transactions and activity can be transferred to the Innovation Zone for free. After a period of assessment in the Innovation Zone, projects can then be transferred to the Main Zone for free. </span></p> <p><strong>The specific rules are as follows:</strong></p> <ul><li> <span style="font-weight:400">Projects in the Assessment Zone are only available within the validity period. The trading market in the Assessment Zone has a clear countdown reminder. The initial duration of the listed projects is 60 days. The countdown will start upon the listing. After the countdown of 30 days, the MX voting will be opened for renewing the project. The specific rules will be notified in a separate announcement</span><span style="font-weight:400">.</span> </li><li><span style="font-weight:400">Some projects in the early stage still need the test of time and market, and their prices fluctuate greatly. Users are advised to trade cautiously, paying attention to the potential hidden/delisting risks.</span></li><li><span style="font-weight:400">Projects in the Assessment Zone or transferred from the Assessment Zone do not participate in the preferential policies for trading fees such as MX deduction.</span></li><li><span style="font-weight:400">In order to create a healthy digital asset environment and provide users with a better trading experience, the MEXC audit team will conduct comprehensive market monitoring and progress tracking of projects in the Assessment Zone. If the project triggers the hiding or delisting rule, MEXC will execute the hiding or delisting process in advance.</span></li></ul> <div class="article-content"> <div class="article-body"> <p>Thanks for your support!<strong><br /><br />Risk Warning</strong></p> <p>Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Exchange will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.</p> <p> </p> <p><strong>Find us on</strong></p> <p>Telegram:<a href="https://t.me/MEXCEnglish"> https://t.me/MEXCEnglish</a></p> <p>MEXC ETF:<a href="https://t.me/MEXCETFCommunity"> https://t.me/MEXCETFCommunity</a></p> <p>MEXC Futures:<a href="https://t.me/MEXCFutures"> https://t.me/MEXCFutures</a></p> <p>Twitter:<a href="https://twitter.com/MEXC_Global"> https://twitter.com/MEXC_Global</a></p> <p>Facebook:<a href="https://www.facebook.com/mexcglobal"> https://www.facebook.com/mexcglobal</a></p> <p>Instagram:<a href="https://www.instagram.com/mexcglobal/"> https://www.instagram.com/mexcglobal/</a></p> <p>Medium:<a href="https://medium.com/mexcglobal"> https://medium.com/mexcglobal</a></p> <p>Discord:<a href="https://discord.gg/agZNfksc2T"> https://discord.gg/agZNfksc2T</a></p> <p>Blog: <a href="https://blog.mexc.com/">https://blog.mexc.com/</a></p> <p> </p> <p>Buy USDT Instantly here:<a href="https://otc.mexc.com/"> https://otc.mexc.com/</a></p> <p>Create your own referral link today and start inviting friends to enjoy great rebates:</p> <p><a href="https://www.mexc.com/invite">https://www.mexc.com/invite</a></p> <p> </p> <p>Enjoy trading on MEXC.</p> <p>The MEXC Team</p> <p>30 June 2020</p> </div> <div class="article-attachments"> </div> </div> <div class="article-footer"> <div class="article-share"> </div> </div> <p> </p>
<p>Dear users,</p> <p>To improve the trading experience, MEXC has made market orders available for the following trading pairs (only on the web): BTC/USDT, ETH/USDT, EOS/USDT, BCH/USDT, LTC/USDT, TRX/USDT, XRP/USDT, DOGE/USDT, and VET/USDT.</p> <p> </p> <p><strong>Please Note:</strong></p> <ul><li>Market orders are executed at the current optimal market price as quickly as possible when you place the order. </li><li>If the value of a single market order is too large, there will be a situation in which the unfilled part will be canceled. </li><li>Please make sufficient risk assessments and place your market orders cautiously as such orders are always executed regardless of the cost in the trading market.</li></ul> <p><strong>Risk Warning</strong></p> <p>Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent, and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.</p> <p> </p> <p><strong>Find us on:</strong></p> <p>Medium: <a href="https://medium.com/mexcglobal">https://medium.com/mexcglobal</a></p> <p>Telegram: <a href="https://t.me/MEXCEnglish">https://t.me/MEXCEnglish</a></p> <p>MEXC trading: <a href="https://t.me/MEXCTradeofficial">https://t.me/MEXCTradeofficial</a></p> <p>Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a></p> <p><a href="https://twitter.com/MEXC_Fans">https://twitter.com/MEXC_Fans</a></p> <p>Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a></p> <p>Discord: <a href="https://discord.gg/zu5drS8">https://discord.gg/zu5drS8</a></p> <p>Instagram: <a href="https://www.instagram.com/mexcglobal/">https://www.instagram.com/mexcglobal/</a></p> <p> </p> <p>Refer a friend to enjoy a high rebate; create your personalized invitation link today: <a href="https://www.mexc.com/invite">https://www.MEXC.com/invite</a> </p> <p>Buy USDT Instantly here: <a href="https://otc.mexc.com/">https://otc.mexc.com/</a></p> <p> </p> <p>Enjoy trading on MEXC.</p> <p>The MEXC team</p> <p>19 June 2022</p>
<p><span style="font-weight: 400;">MEXC offers two kinds of contracts: USDT-M and COIN-M contracts. The USDT-M contract is quoted in USDT and settled in USDT while the COIN-M contract is quoted in USDT and settled in BTC. The principle of calculation is similar but there are some slight differences. Please note that during the calculation, trading fee and other complex components will not be taken into account. The aim is to explain how margin is calculated to users.</span></p> <p> </p> <ol> <li><strong> Margins Explained</strong></li> </ol> <p><span style="font-weight: 400;">All MEXC perpetual contracts require a certain amount of margin to open a position.</span></p> <p><span style="font-weight: 400;">Successful margin trading requires an understanding of the following concepts:</span></p> <p><strong>Starting Margin</strong><span style="font-weight: 400;">: This minimum margin required to open a position. Your starting margin is dependent on margin rate requirements.</span></p> <p><strong>Maintenance Margin</strong><span style="font-weight: 400;">: The minimum margin requirement for maintaining a position below which additional funds will have to be deposited or forced liquidation may occur.</span></p> <p><strong>Opening Cost</strong><span style="font-weight: 400;">: The total amount of funds required to open a position, including the initial margin for opening a position and transaction fees.</span></p> <p> </p> <ol start="2"> <li><strong> Margin calculation</strong></li> </ol> <p><span style="font-weight: 400;">In perpetual contracts, the order cost is the margin required to open a position. The actual cost is determined by whether the order is executed by a maker or taker because varying fees apply.</span></p> <p><em><span style="font-weight: 400;">COIN-M contract: Order cost (margin) = number of open positions * futures size / (leverage multiplier * avg. entry price)</span></em></p> <p><em><span style="font-weight: 400;">USDT-M contract: Order cost (margin) = avg. entry price * number of open positions * futures size / leverage multiplier</span></em></p> <p> </p> <p><span style="font-weight: 400;">Examples:</span></p> <p><strong>COIN-M Contracts</strong></p> <p><span style="font-weight: 400;">If a trader wants to purchase 100 BTC/USDT perpetual contracts at the price of 7,000USD with a leverage multiplier of 25, and the value of each contract is 100 USD, then the margin required = 100x100 / (7000x25 ) = 0.0571BTC.</span></p> <p> </p> <p><strong>USDT-M Contracts</strong></p> <p><span style="font-weight: 400;">If a trader wants to purchase 10,000 BTC/USDT perpetual contracts at the price of 7,000USDT with leverage multiplier of 25, and the value of each contract is 0.0001BTC, then the margin required = 10000x0.0001x7000/25 = 280 USDT.</span></p> <p> </p> <ol start="3"> <li><strong> PNL Calculation</strong></li> </ol> <p><span style="font-weight: 400;">PNL calculation includes fee income or expenditure, funding fee income or expenditure, and PNL upon closing a position.</span></p> <p><strong>Fee</strong></p> <p><span style="font-weight: 400;">The expenditure of the taker = Position value * Taker fee </span></p> <p><span style="font-weight: 400;">The expenditure of the maker = Position value * Maker fee</span></p> <p><strong>Funding fee</strong></p> <p><span style="font-weight: 400;">According to the negative or positive funding fee rate and the long or short position held, the trader will pay or receive funding fee.</span></p> <p><span style="font-weight: 400;">Funding fee = funding fee rate * position value</span></p> <p><span style="font-weight: 400;">Note: The position value is calculated from the fair price when the funding fee rate is settled.</span></p> <p><strong>Closing PNL:</strong></p> <p><em><span style="font-weight: 400;">USDT-M Contract</span></em></p> <p><span style="font-weight: 400;">Long position = (exit price - avg. entry price) * number of holding positions * futures size</span></p> <p><span style="font-weight: 400;">Short position = (avg. entry price - exit price) * number of holding positions * futures size</span></p> <p><em><span style="font-weight: 400;">COIN-M Contract</span></em></p> <p><span style="font-weight: 400;">Long position = (1/avg. entry price - 1/avg. exit price) * number of holding positions * futures size</span></p> <p><span style="font-weight: 400;">Short position = (1/avg. exit price - 1/avg. entry price) * number of holding positions * futures size</span></p> <p><strong>Floating PNL</strong></p> <p><em><span style="font-weight: 400;">USDT-M Contract</span></em></p> <p><span style="font-weight: 400;">Long position = (fair price - avg. entry price) * number of holding positions * futures size</span></p> <p><span style="font-weight: 400;">Short position = (avg. entry price - fair price) * number of holding positions * futures size</span></p> <p><em><span style="font-weight: 400;">COIN-M Contract</span></em></p> <p><span style="font-weight: 400;">Long position = (1/avg. entry price - 1/fair price) * number of holding positions * futures size</span></p> <p><span style="font-weight: 400;">Short position = (1/fair price - 1/avg. entry price) * number of holding positions * futures size</span></p> <p> </p> <p><span style="font-weight: 400;">For example, a trader purchases 10,000 cont. long for BTC/USDT perpetual contract at the price of 7,000USDT as a taker. If the taker fee is 0.06%, the maker fee is 0.02%, the funding fee rate is -0.025%, and the current fair price is 7000USDT, then the trader shall pay a taker fee of:</span></p> <p><span style="font-weight: 400;">7000*10000*0.0001*0.06% = 4.2USDT</span></p> <p><span style="font-weight: 400;">and the trader pays a funding fee of:</span></p> <p><span style="font-weight: 400;">7000*10000*0.0001*-0.025% = -1.75USDT</span></p> <p><span style="font-weight: 400;">In this situation, the negative value means that the trader receives the funding fee instead.</span></p> <p> </p> <p><span style="font-weight: 400;">When said trader closes 10,000 cont. BTC/USDT perpetual contract at 8,000USDT, then the closing PNL is:</span></p> <p><span style="font-weight: 400;">(8000-7000) *10000*0.0001 = 1000 USDT</span></p> <p><span style="font-weight: 400;">And the closing fee can be calculated as follows:</span></p> <p><span style="font-weight: 400;">8000*10000*0.0001*0.02% = 1.6 USDT</span></p> <p><span style="font-weight: 400;">Hence, the realized PNL of the trader = 1000+1.75-4.2-1.6 = 995.95 USDT</span></p>