At MEXC, the security of our users' funds has always been our top priority. To ensure that our users can trade on our platform with greater safety and peace of mind, we are pleased to announce that MEXC Proof of Reserves has officially launched at 9:30, February 22, 2023 (UTC+0).
Users can compare the assets of MEXC's on-chain wallet address and the total assets of MEXC users in the Proof of Reserves. If MEXC's on-chain assets are greater than or equal to the total assets of MEXC users, it proves that MEXC has sufficient asset reserves.
We believe providing the above proof is helpful for promoting the stable development of the cryptocurrency industry. Furthermore, we would like to reiterate that MEXC does not engage in any financial management, DeFi mining, staking loans, or futures leverage businesses on other platforms or with any third-party agencies, thereby eliminating any risk of liquidation or other risks involving the safety of our users' funds.
Adhering to our mantra, "Users First, Changing for You", we welcome your feedback as it allows us to improve our services. Thank you for your support.
MEXC Team
February 22, 2023
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