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Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market 2022，Which Affected You the Most? Blog-Top 10 Highlights of MEXC 2022, which respectively reviewed the cryptocurrency market in 2022 and the development of MEXC in one year.
2022 is the most dramatic year for the crypto industry. It has experienced many far-reaching black swan events, such as the LUNA crash and the FTX thunderstorm. For users, project parties or cryptocurrency trading platforms, capital institutions, etc., 2022 was a year of suffering.
Also, this year, MEXC Global continued to carry out in-depth optimization of the Futures, launched the second-level K-line function, launched NFT Index and other products at the same time, upgraded the brand color to “Ocean Blue” and other measures, not only withstood the crypto market In the second half of this year, but its global users also exceeded 10 million, its Futures liquidity reached the first place in the world. Its Futures business grew by 1200%.
The liquidity of the Futures ranks the first, and the business has increased by 1200%
In 2022, MEXC has been focusing on the optimization of Futures products, continue to optimize the basic liquidity according to the needs of users and provide second-level K-line functions, contract maker 0 rate activities, etc., for contract products.
Blockchain media Cointelegraph reported that as of September this year, MEXC‘s Futures liquidity had reached the world’s first. Liquidity indicators are crucial for contract trading. There are always many bids and offers in a liquid market, and traders can easily enter and exit. The better the liquidity, the smaller the spread and the lower the transaction cost. A market with poor liquidity may have a significant price difference, which increases the risk of being liquidated under extreme market conditions.
On October 25, MEXC upgraded the functions of Futures products and launched the second-level K-line function. MEXC is the first cryptocurrency trading platform in the world to launch the second-level K-line function of Futures. The added second-level K-line, which takes “1 second” as the period, generates a single candle chart, which is more timely and intuitive to reflect transaction information, such as real-time prices, trading volume, and market depth.
A few days ago, MEXC once again announced the growth of its contract business. Its average daily trading…
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