Bitcoin Soars Over $25K, MEXC (MX) Rockets To All-Time Excessive in 2023
February 22, 2023
PRESS RELEASE. With Bitcoin surging to succeed in a brand new 2023 excessive, MX has been the highest performer in alternate tokens, with a 7-day progress of 32%.
Bitcoin’s worth rising over $25,000 has sparked a frenzy of exercise within the cryptocurrency market. With traders flocking to benefit from the worth positive factors, the buying and selling quantity for high exchanges has considerably elevated.
As one of many main exchanges, MEXC introduced that its futures enterprise made a major breakthrough, with a mean every day buying and selling quantity progress of 1200%.
KEY FACTS
- BTC was just lately buying and selling at about $25,247, rising 16.61% in 7 days. Bitcoin final traded over $25,000 in June 2022.
- Within the final two months, MEXC Coin (MX) has surged upwards, racking up an 81.82% enhance and reaching a 7-month excessive of $1.44 on Feb. 16.
- MX is at present buying and selling at $1.21 with a 24-hour buying and selling quantity of $2,954,282.
WHAT IS PUSHING THE MX RALLY?
- As of September 2022, MEXC has exceeded 10 million customers, and the platform’s cryptocurrency liquidity has already ranked first on the earth. MEXC’s high rating in liquidity is anticipated to drive up the MX worth, because it will increase investor confidence in its skill to handle danger and supply stability available in the market.
- MEXC’s dedication to “Consumer First, MEXC’s altering for you” has earned it recognition as one of many Top 10 Most Popular Cryptocurrency Services by Cloudflare. The rating is broadly thought-about the definitive report card on company affect worldwide, and likewise boosted the market recognition of MEXC and led to a surge within the worth of MX.
- The MEXC Launchpad presents an thrilling alternative for holders of MX to obtain airdrops throughout preliminary listings. Not too long ago, the platform launched its newest Launchpad Venture, DeHeroGame, which is a pioneer in GameFi 2.0 and makes use of NFT TCG know-how. This launch has sparked excessive demand for MX staking.
TANGENT
“We by no means stopped specializing in our prospects all through the overall market’s up and down,” stated Andrew Weiner, VP of MEXC. “an vital a part of backing our prospects is giving them confidence once they commerce, so we’ve lowered our buying and selling charges to the bottom available in the market.”
MEXC has just lately introduced revised charges for buying and selling on its platform. The brand new payment construction features a 0% maker payment and a 0.03% taker payment for futures trades. The maker payment for spots can be 0%, with a taker payment of 0.1%.
On common, cryptocurrency buying and selling platforms cost a payment charge between 0.02-0.06%. Following this charge adjustment, MEXC has change into the platform with the bottom buying and selling charges throughout the whole business. Undoubtedly, such aggressive worth charges are very enticing to most cryptocurrency customers.
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