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MEXC Partners with Simplex to Enable Onramps Globally

2020-11-11

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. <h3>MEXC Expands OTC Trading</h3> 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 <a href="https://otc.mexc.com/trade/buy-usdt">OTC solution</a> more versatile, but it allows for introducing additional onramp services. 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. 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 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. <h3>Tapping Into the European Market</h3> 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. MEXC Operations Director Alex states: "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." “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. More about MEXC: 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. Website: <a href="https://www.mexc.com/">https://www.mexc.com/</a> Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a> Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a> LinkedIn: <a href="https://www.linkedin.com/company/mexcglobal/mycompany/">https://www.linkedin.com/company/mexcglobal/mycompany/</a> <a href="https://helpcenter.mexc.am/hc/en-001/categories/360004383072" target="_self">Press Releases</a> More about Simplex: 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. Website: <a href="https://www.simplex.com/">https://www.simplex.com/</a> Twitter: <a href="https://twitter.com/SimplexCC">https://twitter.com/SimplexCC</a> Facebook: <a href="https://www.facebook.com/Simplex.cc">https://www.facebook.com/Simplex.cc</a> LinkedIn: <a href="https://www.linkedin.com/company/simplexcc">https://www.linkedin.com/company/simplexcc</a> Medium: <a href="https://simplexsolutions.medium.com/">https://simplexsolutions.medium.com/</a>

How to Get Referral Commission ?

2020-11-11

#Affiliate Zone

I. Website Step 1: Login your account, find the "person" icon at the upper right corner and click "up to 50% referral commission ". <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232302758LcpHQnInZcvTi5.png" alt="mceclip0.png" style="max-width:100%;height:auto" />Step 2: The referral link, referral code and referral poster are available for your selection in the middle of the referral page. <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232304236WcHmW9HZJ0K2Gm.png" alt="mceclip1.png" style="max-width:100%;height:auto" />Step 3: 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. <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232305756WThw6RZx8rBLfT.png" alt="mceclip2.png" style="max-width:100%;height:auto" />II. MEXC APP Step 1: Find the "Person" icon on the upper left corner. Then, click "referral commission". <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" /> Step 2: You can "Share Referral Poster" or "Share Referral Link" to your referee. <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" /> Step 3: 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". <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" />III. Referral Commission Rules 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% 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. 3. The referral commission will be settled daily, and it will be distributed to the referrer's account on the next day. 4. Referral amount = trading volume * trading fee rate * referral commission rate 5. The referral relation will be valid during the activity period. 6. Deposit/withdrawal fees and margin trading fees are not included in the referral commission program. 7. There's no limit to the number of referees. MEXC reserves the right to amend referral rules at any time. 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].

How to Participate in MEXC 1st Session Margin DeFi Yield Mining?

2020-10-23

#Futures

Dear users: MEXC has launched the innovative margin DeFi mining product, which enables users to loan USDT, BTC or ETH to earn yield of FIC token. Making loan will be deemed as participating in the DeFi Yield Mining. Step 1: Users who want to join the yield mining shall first register in the form below: <a href="http://MEXCfutures.mikecrm.com/r93Jb2w">http://MEXCfutures.mikecrm.com/r93Jb2w</a> <ul><li> </li><li>Note: 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.</li><li> </li></ul> Step 2: Let's have a look at the margin mining pools. <ol><li> </li><li>USDT margin mining pool: no hard cap; total yield pool of 80,000 FIC, 20,000 FIC per day.</li><li> </li><li>BTC margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.</li><li> </li><li>ETH margin mining pool: no hard cap; total yield pool of 20,000 FIC, 5,000 FIC per day.</li><li> </li></ol> Step 3: Make loan of USDT, BTC or ETH to participate in the yield mining activity Take loan USDT as an example. First, 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: <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" /> Second, we shall transfer some USDT asset from spot accout to margin account by clicking "loan/repay" button. Then, click "Transfer". See the pic. below. <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" /> Third, 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. <ul><li> </li><li>Note: The loan amount = the USDT principal * (Leverage times - 1). Suppose I transfered 10k USDT as principal, I can loan 90k from MEXC. </li><li> </li></ul> <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" /> In simple, after registration and making loan, you have participate in the yield mining successfully. <ul><li> </li><li>Note: If you repay the loan soon after making it, there will be no mining yield. </li><li> </li></ul> Join margin trading to enjoy additional reward In addition to the mining yield reward, miners who join margin trading during the yield mining period can share 1.50% margin trading fees, 2.additional FIC token reward and 3.100 USDT margin trading voucher 4. 40% loan fee discount. <ol><li> </li><li>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.</li><li> </li><li>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.</li><li> </li><li>All miners can get a margin trading voucher with face value of 100 USDT. </li><li> </li><li>All miners can enjoy 40% loan fee discount for USDT, BTC, ETH loans during the yield mining period.</li><li> </li></ol> For more activity details, please refer to previous announcement here: <a href="https://support.mexc.me/hc/en-001/articles/360050939272">https://support.mexc.me/hc/en-001/articles/360050939272</a>

MEXC Launches "MX DeFi" Yield Farming to Remain the top Centralized DeFi Token Supporter

2020-10-20

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. <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232429426gk1ko8ZZXZYupe.png" alt="mceclip0.png" /> Source: <a href="https://www.mexc.com/mx-defi">https://www.mexc.com/mx-defi</a> <h2>MEXC is Ahead of the Rest</h2> 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. 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. 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. <h2>Supporting new DeFi Projects and Tokens</h2> 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. MEXC Vice President of Global Business <a href="https://twitter.com/katherinedeng6" target="_self" rel="noopener noreferrer">Katherine Deng </a>states: “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.” 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. 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. <h2>MX DeFi is the Future</h2> 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-">FRONT </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">POLS</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. 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">DeFiner, Chicken Finance, and BTCTRON</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. What’s more, the BTCTRON mining project is supported by Tron Foundation official. <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232430986mZUEEcbdjX7fJY.png" alt="mceclip1.png" /> Source: <a href="https://twitter.com/MEXC_Exchange/status/1316055818546999296">https://twitter.com/MEXC_Exchange/status/1316055818546999296</a> 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. <img src="https://mexc-rainbown-activityimages.s3.ap-northeast-1.amazonaws.com/banner/F20230428232432487FjzhU6VwvDrXx2.png" alt="mceclip2.png" /> Source: <a href="https://twitter.com/justinsuntron/status/1316067649420357632">https://twitter.com/justinsuntron/status/1316067649420357632</a> 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. 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. 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. MEXC Vice president of Global Operations <a href="https://twitter.com/Alex0627">Alex </a>adds: “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.” About MEXC 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.

MEXC Fully Supports Polkadot's Ecosystem Development

2020-10-10

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">fund</a> to support current and future PolkaProjects. 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. 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. 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. 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. 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. 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">dedicated fund</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. 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. Speaking of the exchange itself, MEXC was the first to list <a href="#KSM_USDT">KSM </a>and <a href="#DOT_USDT">DOT </a>in 2019. Many of its users were able to access these assets before they got listed on other trading platforms. 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. 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. Learn more about Polkadot: <a href="https://blog.mexc.com/what-is-polkadot-dot/" target="_blank" rel="noopener noreferrer">What is Polkadot (DOT)</a> Learn <a href="https://www.mexc.com/articles/how-to-buy-dot" target="_blank" rel="noopener noreferrer">How to Buy Polkadot (DOT)</a> About MEXC 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.