MEXC Launches the "Zero Maker Fee" Event, Cements Their Liquidity Position amongst Crypto Exchanges

By Edward Moon | Analysis From Moon | 9 Dec 2022


MEXC, the world's leading cryptocurrency exchange serving over 10 million users and providing top-drawer services, including spot, futures, exchange-traded fund (ETF), and NFT indices, has seen its average daily trading volumes soar by 1,200%.

The sharp increase in MEXC's contract business could be due to their impressive expansion in recent months. In September 2022, CoinTelegraph, a reputable crypto-centric media outlet, noted that MEXC had become one of the world's largest crypto liquidity providers. This notable development places the exchange on a pedestal and at a desirable level above competing platforms.

MEXC's growth over the years is attributed to its decision to adopt a customer-first approach and involve them in events that matter. Their "Users first, MEXC's Changing for you" philosophy is already bearing fruits at a challenging time brought on by the extended crypto winter. Over the past few trading months, after crypto and Bitcoin prices peaked in November 2021, prices have fallen sharply, taking down several platforms, including crypto hedge funds. 

MEXC recently announced the beginning of the "Zero Maker Event" explicitly set for their futures traders. The event started on December 1 and was designed to reward loyal MEXC traders and clients. It is a reassuring move from the fear, uncertainty, and doubt that has engulfed the crypto and the broader financial markets. With this event, MEXC is reassuring the community and the crypto at large of their dedication and determination to see the sphere succeed. 

This event subsequently makes MEXC the only exchange for offering Zero Maker fees for pending orders. For this reason, Andrew Weiner, the Vice President of MEXC, notes that their liquidity levels have drastically risen, emerging on top of other platforms. The surge in liquidity, he notes, is because in 2022, MEXC has been adapting “ futures products and basic liquidity” depending on clients’ needs.

The Zero Maker Fee event is expected to boost user engagement in the platform. It is also one of MEXC's many events to enhance user experience. MEXC regularly launches Futures M-Day, Super X-Game, Contract Carnival Week, and other user-friendly activities, giving their global clientele bonuses and rewards.

MEXC supports over 169 tokens and coins, releasing over 179 trading pairs for projects in various blockchains, cross-chain platforms, DeFi, and more. Since 2018, MEXC has also been rapidly improving their futures products, launching the second-level K-line function in October 2022 to boost user experience.

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Edward Moon
Edward Moon

Crypto trader and analyst.


Analysis From Moon
Analysis From Moon

Analysis From Moon

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