Blockchain
An Exclusive Experience, MEXC Is Worldwide First to Launch Future Second-Level K-Line Function
Toronto, Ontario–(Newsfile Corp. – October 25, 2022) – On October 25, the cryptocurrency trading platform
K-Line
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8840/141854_3f7fe74584e30a7f_002full.jpg
The second-level K-line introduced by MEXC takes into account “1 second” increments as the time period to generate a single candle chart, which reflects the transaction information in a more timely and intuitive manner, such as the current price, transaction volume, and market depth. The launch of the second-level K-line can meet the more real-time and detailed trading information needs of ultra-short-term, higher-frequency, and higher-leverage trading users, making the experience better and more exclusive.
According to the MEXC future information, second-level K-lines have been added to the BTC_USDT and ETH_USDT trading pairs, and second-level K-line charts for more currencies will be supported in the future.
It is reported that MEXC future products were launched in 2018. And in June 2020, a major upgrade was made to its trading system and products, focusing on optimization and upgrading from the aspects that users are most concerned about such as trading system stability, basic depth, security risk control and user experience.
After 5 years of continuous technical upgrades and product optimization, MEXC’s perpetual future liquidity has reached worldwide top 1, supporting 169 cryptocurrency tradings and 179 trading currency pairs, with smaller price differences and better depth.
A month ago, MEXC also launched a new MX token fee deduction function – which means future tradings can also use MX Token for fee deduction, and enjoy a 10% fee discount.
As a one-stop cryptocurrency trading platform for aggregate futures, spot, leveraged ETF transactions and staking services, MEXC’s global service users have exceeded 10 million as of September this year. According to CoinGecko data, the current daily trading volume of MEXC is about $1.72 billion, of which the daily trading volume of BTC is $750 million.
About MEXC：
MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, ETF, futures, Staking, NFT Index, etc., and serving more than 10 million users worldwide. The core team has a solid background in traditional finance, and has professional financial product logic and technical security guarantees in terms of cryptocurrency products and services. In October 2021, MEXC Global won the title of “Best Cryptocurrency Exchange in Asia”. Currently, it supports the trading of more than 1,600 cryptocurrency, and is the trading platform with the fastest launch speed for new projects and the most tradable categories. Visit the website and blog for more information, and follow MEXC Global and M-Ventures & Labs.
Contact:
Company Name: MEXC
Name: Jenny Sun
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141854
Blockchain
Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
-
Blockchain4 days ago
Open-Source Intelligence (OSINT) Market is expected to reach a revenue of USD 64.9 Bn by 2033, at 25.6% CAGR: Dimension Market Research
-
Blockchain Press Releases7 days agoBitget to Take Center Stage at Blockchain Life and Token2049 Dubai
-
Blockchain Press Releases2 days agoBybit and Franck Muller Partner with Sidus Heroes to Launch Cosmic Gears: A Pioneering Web3 Game with a $250,000 Prize Pool and Exclusive Watch Collection
-
Blockchain3 days agoBlockchain Transforming Travel: Quantum Temple’s Innovative Venture
-
Blockchain3 days ago
Bybit and World Leaders Forge Major Alliance to Direct Web3 for Social Good
-
Blockchain3 days ago
Evolution of the Blockchain World: Doric Blockchain Drives Education and Adoption of Blockchain Technology and Tokenization in Latin America
-
Blockchain21 hours ago
Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)
-
Blockchain21 hours ago
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
