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PRESS RELEASE. With Bitcoin surging to reach a new 2023 high, MX has been the best performing token exchange, with one 7-day growth of 32%.
Bitcoin’s price rising above $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, trading volume for top exchanges has increased significantly.
As one of the leading exchanges, MEX announced that its futures business made a significant breakthrough, with an average daily trading volume growth of 1,200%.
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“We never stopped focusing on our customers through the general market’s ups and downs,” said Andrew Weiner, VP of MEX. “an important part of supporting our customers is giving them confidence when shopping, so we’ve reduced our trading fees to the lowest in the market.”
MEXC has recently announced revised fees for trading on its platform. The new fee structure includes a 0% producer fee and a 0.03% appraisal fee for futures trades. The producer fee for spots is also 0%, with a taker fee of 0.1%.
On average, cryptocurrency trading platforms charge a fee rate between 0.02-0.06%. After this price adjustment, MEXC has become the platform with the lowest trading fees in the entire industry. Undoubtedly, such competitive pricing rates are very attractive to most cryptocurrency users.
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