MEXC has announced a $389 million increase in its reserve assets over the last two months.
As of April 21, 2025, the company confirmed that it holds more than 100% in reserve for all major cryptocurrencies, reflecting its strong financial standing and ongoing commitment to user trust and platform transparency.
According to MEXC’s latest Proof of Reserves audit, every major crypto asset on the platform is backed by reserves exceeding total user deposits. This level of over-collateralization ensures that users can withdraw funds at any time without concern. The consistent reporting of these figures shows that the platform is financially sound and fully prepared for periods of high market activity.
The $389 million increase in reserves reflects rising market confidence and increased trading activity. COO Tracy Jin highlighted that during the past two months, Bitcoin and Ethereum reserves alone grew by over $179 million. This signals a strong influx of user funds and broader support for the platform.
Security Measures Reinforce Asset Safety
MEXC uses a multi-layered security approach to protect user funds. Key measures include:
- 100%+ Reserve Backing: All user deposits are backed with more than enough reserve assets.
- Insurance Fund: A reserve designed to absorb unexpected market events.
- Cold Wallet Storage: Most assets are held offline to prevent unauthorized access.
- Bi-Monthly Audits: Regular third-party audits validate reserve accuracy and transparency.
These steps are part of MEXC’s mission to offer a safe and secure trading environment.
User-Centric Features Driving Platform Growth
MEXC is not only focused on safety but also on delivering a strong user experience. The platform’s signature features include:
- Fast Token Listings: Over 3,000 tokens available, allowing users to trade trending assets early.
- Daily Airdrops: More than 2,000 airdrop events completed in 2024, giving away over $136 million.
- Low Fees: Traders benefit from competitive rates that reduce overall costs.
- High Liquidity: Strong order books ensure fast and smooth trades even during volatility.
These services have helped MEXC attract over 36 million users worldwide, making it one of the most trusted platforms in the crypto industry.