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MEXC Partners with Simplex to Enable Onramps Globally

Nov 11, 2020

MEXC prepares to increase its position in the market, following a strategic partnership with Simplex. In doing so, the company will lower the barriers to entry when it comes to onramps and support more currencies. <h3>MEXC Expands OTC Trading</h3> MEXC, one of the leading Asian cryptocurrency exchanges, acknowledges the potential of OTC trading. Focusing on this market segment can prove highly beneficial. Forging a strategic partnership with Simplex is a major milestone. Not only will this make MEXC's <a href="https://otc.mexc.com/trade/buy-usdt">OTC solution</a> more versatile, but it allows for introducing additional onramp services. For us at MEXC, it is crucial to cater to the needs of its users. Introducing support for additional currencies and adding more onramp services will elevate their over-the-counter segment to a whole new level. By taking steps like these, we can make cryptocurrencies more accessible to the broader public. As an EU licensed financial institution, Simplex provides global fraud-free payment processing, accepting a variety of payment methods to ensure partners enjoy a global reach with the highest conversion rates. Users enjoy the ability to easily capitalize on the markets, while Simplex partners like MEXC can enjoy the conversion-boosting flow, global support, security, and advanced risk-free screening methods, as well as full chargeback protection. <h3>Tapping Into the European Market</h3> Given Simplex's leading position in the global market, this partnership will help MEXC expand its reach across Europe. As Simplex is a licensed financial institution (EMI), MEXC can make full use of the firm's global reach and support for different payment methods and currencies, as well as various methods for onramps including bank cards, SEPA transfers, and more. The full suite of onramp methods are provided while reducing fraud, increasing conversion, providing stellar customer support, and providing zero fraud chargeback risk exposure. MEXC Operations Director Alex states: "At MEXC, we are constantly striving to expand our global reach and improve overall cryptocurrency adoption. This strategic partnership with Simplex will help us take our OTC trading service in Europe to the next level. We will continue to push the envelope to make Bitcoin as accessible as it possibly can be." “As a company we're driven to enable anyone, anywhere, to buy any digital assets or currency. We're excited to expand onramp methods for MEXC and enable greater access to the ecosystem for users globally”, - said Rachel Siegman, Head of Marketing at Simplex. More about MEXC: Established in April 2018, MEXC is one of the world’s leading digital asset trading platforms which offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks. Website: <a href="https://www.mexc.com/">https://www.mexc.com/</a> Twitter: <a href="https://twitter.com/MEXC_Global">https://twitter.com/MEXC_Global</a> Facebook: <a href="https://www.facebook.com/mexcglobal">https://www.facebook.com/mexcglobal</a> LinkedIn: <a href="https://www.linkedin.com/company/mexcglobal/mycompany/">https://www.linkedin.com/company/mexcglobal/mycompany/</a> <a href="https://helpcenter.mexc.am/hc/en-001/categories/360004383072" target="_self">Press Releases</a> More about Simplex: Simplex has been changing the status quo of crypto on/off ramps since 2014. As the market leader, we pioneered the first riskless global fiat onramp using a credit and debit card, which promises a zero chargeback guarantee. Simplex Banking offers the Simplex fraudless payment processing, with global payment accessibility. Working alongside the biggest names in the crypto ecosystem, Simplex provides the complete fiat infrastructure for the cryptocurrency ecosystem. As a licensed EU financial institution, Simplex was selected as one of the 10 most impactful companies in blockchain in 2020. Put simply, Simplex is making crypto accessible to all, turning the complex into the Simplex. Website: <a href="https://www.simplex.com/">https://www.simplex.com/</a> Twitter: <a href="https://twitter.com/SimplexCC">https://twitter.com/SimplexCC</a> Facebook: <a href="https://www.facebook.com/Simplex.cc">https://www.facebook.com/Simplex.cc</a> LinkedIn: <a href="https://www.linkedin.com/company/simplexcc">https://www.linkedin.com/company/simplexcc</a> Medium: <a href="https://simplexsolutions.medium.com/">https://simplexsolutions.medium.com/</a>

MEXC Fully Supports Polkadot's Ecosystem Development

Oct 10, 2020

Singapore, October 7, 2020 - MEXC ( <a href="http://www.mexc.com" target="_self" rel="noopener noreferrer">www.mexc.com</a> ), one of the world-leading global digital asset trading platforms, is preparing to tighten its relationship with the Polkadot team. As a Polkadot ecosystem development supporter, MEXC is considering establishing a special <a href="https://medium.com/@topia_block/MEXC-global-announced-the-establishment-of-polkadot-ecological-special-fund-57b489a26c2d">fund</a> to support current and future PolkaProjects. Polkadot is a rising star among blockchain ecosystems. Founded by the Web3 Foundation, Polkadot introduces a sharded protocol to let blockchains run in an interoperable manner. It is very different from Ethereum, even though both can coexist with ease. In fact, Polkadot was initially created by Dr. Gavin Wood, the co-founder of Ethereum, its Solidity programming language, and Parity Technologies. By putting a strong focus on interoperability, instead of competition, Polkadot may elevate the blockchain industry to an entirely new level. It also facilitates easy innovation, as every developer can set up their own blockchain. All networks under this project's banner can complete tasks in parallel, allowing for smoother scaling. MEXC positions itself as a proud supporter of blockchain development. As such, MEXC has become one of the node validators for ChainX, one of the hundreds of projects building on the Polkadot infrastructure. ChainX is designed to make validators more scalable, and support inter-chain assets in a decentralized manner. Building the largest Proof-of-Stake network to date requires support from prominent industry participants. MEXC is the first major participant to openly pledge support to this PolkaProject. Supporting ChainX and the broader Polkadot ecosystem helps strengthen the ties with MEXC. Both teams maintain a close relationship, as senior members of Polkadot are in close contact with MEXC's officials. To further illustrate the importance of this relationship, MEXC has set up a <a href="https://medium.com/@topia_block/MEXC-global-announced-the-establishment-of-polkadot-ecological-special-fund-57b489a26c2d">dedicated fund</a> to support current and future PolkaProjects. With dozens of services, products, and tools being built already, there is plenty of action to take note of. This close collaboration between MEXC and Polkadot goes back a while. MEXC is the first trading platform who supports DOT claim, transfer and trade. Besides, MEXC actively cooperated with the Polkadot team for the DOT Split of 100X plan in August 2020. MEXC supports spot and margin trading, as well as leveraged ETF and contract trading, for assets such as DOT, KSM, EDG, and other blockchain-oriented assets and tokens. The projects building this infrastructure or enhancing it beyond what is currently possible are worth keeping tabs on. All of the main protagonists have made their way to MEXC in recent months. Speaking of the exchange itself, MEXC was the first to list <a href="#KSM_USDT">KSM </a>and <a href="#DOT_USDT">DOT </a>in 2019. Many of its users were able to access these assets before they got listed on other trading platforms. Furthermore, MEXC was one of the first to support proof-of-stake through an exchange. This staking service has proven to be of great value to exchange users. Being able to store tokens and earn staking rewards through one platform offers a significant convenience advantage. By actively supporting the building blocks of the blockchain industry, MEXC finds itself in a very strong position. maintaining close ties with Polkadot further affirms the company's vision to see this industry evolve into a mainstream technology. Learn more about Polkadot: <a href="https://blog.mexc.com/what-is-polkadot-dot/" target="_blank" rel="noopener noreferrer">What is Polkadot (DOT)</a> Learn <a href="https://www.mexc.com/articles/how-to-buy-dot" target="_blank" rel="noopener noreferrer">How to Buy Polkadot (DOT)</a> About MEXC Established in April 2018, MEXC is one of the world’s leading digital-asset trading platforms that offers users one-stop services including spot, margin, leveraged ETF, derivatives trading and staking services. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries. We offer the most comprehensive marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks, and formulate their strategies to maximize gains and mitigate risks.

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