The insurance fund account of MexC offers $ 414 million+to alleviate the dealers' insolvency losses
The insurance fund account of MexC offers $ 414 million+to alleviate the dealers' insolvency losses
Mexc, a leading global cryptocurrency exchange, has handed over 414 million US dollars to cover deficits that occur when the losses of the users exceed their available margin during the liquidation from January 23, 2025. This impressive number underlines the commitment of MexC for the security of assets and risk reduction. Combined with Proof of the reserve MexC offers dealers robust protection against extreme market fluctuations.
like MexC's insurance fund account reduces the risk for dealers
The Mexc Insurance Fund launched in November 2024 was specifically developed to protect dealers from extreme market fluctuations, as they have experienced during a bull run, whereby fast price fluctuations can lead to the user's account in order to decrease under the required margin level. trigger a liquidation. If the liquidation price is worse than expected, which leads to losses that lie above the available margin (a scenario known as insolvency), the insurance fund occurs to cover these excess losses and thus facilitate a smooth liquidation process.
The fund is continuously resumed by surpluses from liquidation orders, which are carried out at better than expected prices to ensure its stability and continued protection in times of high volatility.
In accordance with its commitment to transparency, MEXC users offer direct access to current and historical insurance amounts for various cryptocurrencies on the platform.
also offers mexc to ensure the security of assets and maintain transparency for its users. In this way, users can trade with confidence, free of concerns about the payout runs. The reserves are updated every two months . From December 1, 2024, the latest reserves for various cryptocurrencies are as follows:
- usdt : 104.52%
- usdc : 116.52%
- btc : 105.88%
- eth : 105.65%
By providing a high lever in addition to an insurance fund account and a reserve rate of more than 100%, MexC ensures several protective layers to protect the positions of the dealers and to ensure the safety of the assets.
The point of contact for the seamless crypto trade
In addition to the implementation of robust safety measures to ensure a secure trading environment, the platform offers a variety of functions and services that should improve the user experience. These functions help retailers to minimize the costs and maximize the returns. mexc Establish values enable and ensures safe and seamless transactions regardless of the market conditions.
- m-most of the trending tokens: MexC is known for its fast token listings and a diverse selection of popular tokens that help users use the possibilities that are coming up. Go out together, over 3,000 tokens were listed on the platform.
- e-everyday airdrops: mexc makes it easier for users to carry out daily airdrop events and to receive essential rewards without complex procedures. Completed 2.293 Airdrop events drive over $ 136 million $ in rewards.
- x-Xtremely low fees: MexC offers very competitive trading fees and helps users to reduce the costs and maximize their growth potential.
- c-comprehensive liquidity: MexC is supported by strong liquidity and market depth and ensures the efficient and seamless execution of every transaction and minimizes slip even under volatile conditions.
These functions have helped Mexc to overturn 30 million users in over 170 countries
learn more about the MEXC Insurance Fund -Konto .
over Mexc
Mexc was founded in 2018 and is obliged to "be your simplest way to the crypto". MexC operates over 30 million users in over 170 countries and is known for its wide range of trends, frequent drops of flight and low trading fees. Our user -friendly platform should support both new dealers and experienced investors and offer safe and efficient access to digital assets. MexC prioritizes simplicity and innovation and makes the crypto trade more accessible and rewarding.
mexc official website x ｜ telegram ｜ How to get in mexc
Liability of the risk:
The information provided in this article about cryptocurrencies do not represent the official attitude or investment advice from MexC. In view of the strongly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project finder data and potential financial risks before Trade decisions are made.
Source: Coinlist.me