MEXC Matcha Exchange background, security, platform features, global rankings and introduction to advantages and disadvantages

MEXC Matcha Exchange was established in 2018. It focuses on security, provides spot, leverage and futures trading, and supports blockchain services such as Staking. As of February 2023, it ranks 13th among global cryptocurrency exchanges. Pros include high security and an active community, while disadvantages include higher fees and slower withdrawals.

MEXC Matcha Exchange: Platform Overview

Background

MEXC Matcha Exchange was established in Singapore in 2018 by a group of blockchain industry veterans. The exchange’s mission is to provide a safe, secure and transparent platform for users to trade cryptocurrencies.

Security

MEXC attaches great importance to security and has taken a number of measures to protect user funds and information:

• Passed ISO/IEC 27001:2013 and ISO/IEC 27701:2019 certification
• Use A storage system that combines multi-signature cold wallets and hot wallets
• Adopts two-factor authentication and anti-phishing measures

Platform features

• Spot trading: Supports multiple cryptocurrency pairs, including Bitcoin, Ethereum Bitcoin and Dogecoin.
• Leveraged Trading: Offers up to 10x leverage, allowing users to increase potential profits.
• Futures contracts: Provide perpetual contracts and delivery contracts for Bitcoin, Ethereum and other assets.
• Blockchain Services: Provide Staking, mining pools and other blockchain services.
• Community Governance: Through its M-Day program, users are allowed to participate in the governance of the exchange.

Global Ranking

According to CoinMarketCap, as of February 2023, MEXC ranked 13th among global cryptocurrency exchanges, with a 24-hour trading volume of over $1 billion.

Pros and Cons

Pros:

• High security
• Supports multiple cryptocurrencies
• Provides various transaction types
• Has an active community

Cons:

• The cost is abbreviated Higher than some other exchanges
• Some users report slower withdrawal speeds
• Lack of some advanced trading features

The above is the detailed content of MEXC Matcha Exchange background, security, platform features, global rankings and introduction to advantages and disadvantages. For more information, please follow other related articles on the PHP Chinese website!