Currently, there is some information that the MEXC scam making many investors. However, this information has not yet been proven to be official information. Let’s immediately verify this information with MCrypto.
The truth about MEXC scam information
To verify that the MEXC global scam information is incorrect. Let’s find out detailed information about this Crypto exchange.
General overview of the MEXC global that investors need to know
Currently, the MEXC exchange is a place for investors to buy, sell, and trade cryptocurrencies. This Crypto exchange was established in April 2018. MEXC is registered in Singapore by leading financial experts.
Within 1 year since its founding, MEXC has experienced significant growth. By 2019, the exchange accounted for 5% of the digital market’s assets. Financial experts MEXC review as the most reputable money trading platform today.
Crypto MEXC is headquartered in Singapore. The platform supports over 2100 trading currency pairs with no minimum deposit required.
Currently, Crypto trading on MEXC is supported on both phone and computer platforms. Deposits and withdrawals at MEXC are completely fast and transaction fees are competitive from only 0.01%.
Features of the exchange MEXC
The diversity of cash reserves is the top factor that investors pay attention to when choosing. MEXC offers many different investment models from leveraged ETFs to futures contracts.
NFT indices to aggregated portfolio management and many other services. MEXC has partnered with a number of third parties to provide a variety of deposit options. This will make it more convenient for investors to deposit and withdraw money.
You can use popular payment methods such as Visa, and Mastercard. Or bank transfer, or direct payment with Apple Pay and Google Pay.
>>See more: Detailed MEXC registration instructions for newbies
MEXC coin products are trusted by traders
MEXC coin, also known as MX Token, is a digital asset developed by MEXC. This is the token of the MEXC exchange. They are gradually being improved to reach users.
Owners have the right to vote on business decisions and have priority to participate in events, etc. MEXC also fully accepts election proposals to reorganize the mechanism for distributing rights and benefits based on election results.
From January 2022, 40% of total profits will be transferred quarterly to buy back MX from the secondary market. The initial MX supply is a total of 1 billion tokens. There are several benefits for MX holders in MEXC, such as receiving free airline ticket discount registration.
In addition, MX also has practical applications such as reducing transaction fees on the exchange by 20%. You can easily buy, hold, and transfer tokens on our platform now.
MEXC products are available
Currently, the MEXC exchange is one of the Crypto exchanges with the most products on the market. First is Spot, which has more than 1,600 cryptocurrencies. Besides, there are 1900 currency pairs with an amount of more than 350 million USD per day.
Future trading contracts are also regularly updated by MEXC. With trading contracts, the exchange has more than 300 different pairs. Daily trading volume is up to 3.2 billion USD.
Launchpad is a platform that supports investors who own MEXC tokens. This product allows investors the right to buy new projects. Up to now, there have been more than 11 projects completed.
Warning about MEXC scam rumors
Recently, bad information about the MEXC global appeared on social networks. Some individuals have formed groups to carry out fraudulent activities. Once done successfully, they will take on the name MEXC scam.
All of these actions seriously affect the reputation of the exchange. MEXC warns all investors to be careful to avoid scammers with bad behavior:
With unofficial information, MEXC always actively coordinates the investigation. To prevent false information and avoid confusing investors. Any offensive information will affect the brand of the exchange.
All investors need to strictly comply with the platform’s rules, be aware of fraud risks, and be vigilant in identifying various risks. For individuals and groups that intentionally defame the brand, MEXC will find and take measures to resolve it
Please stop your wrongdoing immediately. Any action that damages the brand’s reputation will be handled immediately in accordance with the law after verification. If you have doubts about unofficial information. Please contact us to verify their authenticity.
>>See more: MEXC global – A safe place to trade virtual currencies
A few things traders need to keep in mind when trading to avoid being scammed
Nowadays, there are more and more fraudulent organizations. To avoid unjustified loss of money, investors need to be alert.
Signs of fraud on MEXC exchange
With fraudulent investment platforms that always promise very high profits, new investors will often encounter this situation. Scam brokers will always flatter us about the profits we achieve, don’t believe it.
The paperwork information on the scam exchange is mostly unofficial. Next, the exchange will ask investors to deposit money first. After depositing money, you will make a profit but you will not be able to withdraw money.
Most fraudulent Crypto exchanges will not be under the control of financial management agencies. They will also not receive any operating licenses from the above agencies.
MEXC exchange fraud prevention measures
Learn carefully and specifically about that exchange’s security system. For online trading platforms, investors need to learn about personal information security mechanisms. Go read the comments and reviews about that exchange.
Be careful with unclear costs. With fraudulent exchanges, they will force you to pay all the initial fees incurred. Then you will be asked to deposit money into your account to be able to trade.
If you have doubts about that trading platform, don’t hesitate to seek information or ask for advice. Currently, there are many financial consulting companies or economic lawyers that can assist you.
Conclude
Above is the information that proves the MEXC scam is completely inaccurate. Investors can completely rest assured and trust this Crypto exchange when investing. Hopefully, the information MCrypto sends to readers will be useful.
FAQ
How are MEXC tokens symbolized?
Currently, the token of the MEXC exchange is symbolized as MX
Can the MEXC exchange be used on phones?
Currently, Crypto MEXC is available on both computer and phone platforms. Investors can find it on the App Store or CH Play.
Does the MEXC website support the US?
Currently, the MEXC system has integrated the US language.
