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Singapore, Singapore, 8th March, 2023, Chainwire
Cryptocurrency exchange MEXC Global has reported significantly increased trading volume since cutting its platform fees. The decision to cut trading fees arrived at a time when interest in the crypto market has been increasing, further amplifying demand for digital assets.
Since MEXC Global announced it was slashing maker and taker fees on the platform, the exchange has seen renewed growth, mirroring the positive turnaround seen in the wider cryptocurrency market.
The fees to trade spot and futures markets on MEXC Global have both dropped to zero for maker fees, and 0.02% for futures taker fees, representing some of the lowest and most competitive rates for crypto traders.
Andrew Weiner, VP of MEXC Global, said: “Lower rates mean people are much more likely to participate.
This is a boost for individual traders, and more widely for the whole market.
MEXC Global is one of the simplest to use and most customer-friendly cryptocurrency exchanges available.
As a leader in the space we believe lowering fees is a simple way to boost engagement and grow total volume.”
MEXC Global trades around $2.1bn per day in futures volume. Much of its recent growth has been attributed to new investors who are drawn to MEXC’s low fees and extremely user-friendly interface that makes the exchange accessible to mainstream users and maximizes return on investment.
MEXC is dedicated to continuously upgrading its technology and optimizing its products. As of March 3, MEXC’s perpetual futures liquidity is ranked No.1 in the market, supporting over 160 mainstream trading pairs in futures and 60 trading pairs in spots, with smaller price differences and lower trading costs.
In an environment where retail investors are looking to save as much money as possible, low fees provide an attractive option, and offer a strong route to wider recovery for everyone.
For more information, visit: www.mexc.com
About MEXC
One morning, when Gregor Samsa woke from troubled dreams, he found himself transformed in his bed into a horrible vermin. He lay on his armour-like back, and if he lifted his head a little he could see his brown belly, slightly domed and divided by arches into stiff sections.
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the far World of Grammar. The Big Oxmox advised her not to do so, because there were thousands of bad Commas, wild Question Marks and devious Semikoli, but the Little Blind Text didn’t listen.
His room, a proper human room although a little too small, lay peacefully between its four familiar walls. A collection of textile samples lay spread out on the table – Samsa was a travelling salesman – and above it there hung a picture that he had recently cut out of an illustrated magazine and housed in a nice, gilded frame.
It showed a lady fitted out with a fur hat and fur boa who sat upright, raising a heavy fur muff that covered the whole of her lower arm towards the viewer. Gregor then turned to look out the window at the dull weather. Drops of rain could be heard hitting the pane, which made him feel quite sad.
PR in charge
Antonio Wu
MEXC Global
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