Exchanges have lengthy been extra than simply buying and selling platforms: they’ve been used for fundraising, advertising and marketing promotion, model publicity and extra. Cointelegraph talked to Katherine Deng, VP of MEXC and founding father of MEXC Pioneer, in regards to the true position crypto exchanges are taking part in within the present crypto market and what else they are often doing.

When and the way MEXC was launched?

MEXC World was based in 2018. Each member of our founding staff has world-class tech or funding background. We select to function in Asia as a result of it’s a promising market, and we worth its potential.

Reviews present that Ethereum (ETH) has the most important share of crypto actions in India, Pakistan and Vietnam. Previously yr alone, cryptocurrency actions in Asia have grown over 700%, because of the growth within the DeFi sphere. We see large potential in Asian markets and imagine there shall be intense progress in cryptocurrency trades within the years to return.

What makes MEXC stand out amongst different exchanges?

As a number one digital asset and cryptocurrencies buying and selling platform, MEXC World affords glorious companies to customers and stands out for 4 causes.

First, now we have strict danger management and safety protocols to make sure the security and safety of our customers’ property. Second, our high-performance buying and selling system is ready to take care of 1.4 million trades per second. Third, now we have greater than 7 million customers over the world, enabling excessive capital effectivity for buying and selling and liquidity.

Additionally, MEXC World affords full buying and selling service and content material help in over 10 languages over the world, together with English, Mandarin, Korean, Vietnam, Russian and others, in addition to unique prompt companies to VIP prospects.

Share your expertise working in Asia. How is it totally different from different jurisdictions?

As a brand new type of financing, cryptocurrency trades can be found for customers throughout the globe, regardless of the place the operations staff is positioned. We’ve seen that sure growing nations have excessive buying and selling volumes, particularly within the Asian area. To be particular, Central and South Asia and Oceania markets have develop into the fifth largest on the planet.

The latest GameFi growth in Asia displays the excessive potential of customers right here, in contrast with different areas. As an change originated from Asia, we’re a lot acquainted with the native traders, and we reap the benefits of this and enhance our companies all the best way.

In accordance with your web site, you’ve “supplied help to over 100 new initiatives.” How do you assist startups and why?

MEXC World is known for its innovation. Consistently partnering with new and promising initiatives makes MEXC totally different and helps us earn a very good repute within the ever-changing crypto sphere.

We attempt to bridge the hole between the undertaking developer groups and the markets. From funding to advertising and marketing help, we assist excellent startups in crypto and blockchain attain their enterprise objectives and reach them. We additionally imagine that our help will navigate the precise growth of the initiatives, together with MEXC’s progress within the course of.

How does one develop into a part of the MEXC Pioneer program, and what can they anticipate to achieve out of it? How do you consider initiatives?

Individuals who have superb enterprise concepts can contact us and depart a request with a fundamental introduction of their concepts. As a major decentralized undertaking supporter, MEXC Pioneer is prepared to go even additional by discovering, investing in, community-building, co-marketing and funding {industry} concepts that may energy crypto and blockchain purposes.

We consider initiatives from each angle we may consider, and these embrace however aren’t restricted to the enterprise mannequin, method structure, staff collaboration, neighborhood engagement and so forth.

Inform us about your partnership with the Avalanche ecosystem.

We imagine that by partnering with this quick, low-cost and eco-friendly platform, each groups may acquire stronger talents to help future industry-leading blockchain and Internet 3.0 initiatives.

From MEXC’s aspect, our final objective is to deliver top-tier expertise to our customers. The Avalanche ecosystem can present our customers with nice data to ease their choices. MEXC customers can even faucet into the Avalanche community that provides a number of the quickest transactions within the blockchain {industry} and ultra-low charges.

In return, the Avalanche undertaking will profit from eco-funding and technical help from MEXC. Our staff can also be dedicated to supporting the Avalanche with a strategic funding fund to foster the event and success of DApps constructed on high of the ecosystem. The partnership will assist broaden the attain of the blockchain {industry} and ties in naturally with MEXC’s imaginative and prescient of the worldwide enlargement of its crypto-related choices.

What position does Avalanche play within the Pioneer program?

With this partnership, we hope to determine a task mannequin for all initiatives concerned within the Pioneer program.

For now, builders who construct on Avalanche can simply create highly effective, dependable and safe purposes and customized blockchain networks with out a complicated algorithm and construct on present personal or public subnets. The Avalanche staff has an important stage of experience. We hope individuals will even be impressed by different new initiatives incubated within the Pioneer program and belief in MEXC Pioneer.

What sort of achievements are you most happy with in the mean time?

In October 2021, MEXC World was awarded “Finest Crypto Trade in Asia” on the Crypto Expo Dubai held in Dubai. From the bear market in 2018 to right this moment’s fast enlargement of world markets, MEXC has now gained 5% of the worldwide digital asset buying and selling quantity share. We admire the help from our customers and can proceed to supply world-class digital asset and cryptocurrency buying and selling expertise sooner or later.

What sort of objectives do you’ve arrange for this yr?

Since 2020, MEXC World has began to deal with increasing world operations and establishing a worldwide compliance technique. Whereas following all relevant legal guidelines, the MEXC staff will proceed to develop the enterprise in additional markets and provide high quality localized companies to extra customers over the world.

We are going to work carefully with regulators and compliance companions to make an impression that may profit our {industry}. We additionally plan to proceed partnering with high-quality initiatives and serving to innovators and entrepreneurs throughout the globe. Identical to our motto says ––“Trade the World once more!” –– that’s what we’re going to be specializing in.