MXC Exchange — Telegram QUIZ & AMA — September 02
On Wednesday, September 02, we had the pleasure to welcome to our Telegram chat:
Molly, Global Community Manager of MXC Exchange.
We asked them questions about the development of MXC Exchange.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Summary
MXC Exchange is one of the world’s leading digital asset trading platforms with a team of world-class professionals.
MXC Exchange offers users one-stop services regarding digital assets, including spot, margin, leveraged ETF, Index trading and contract trading services, as well as PoS staking service.
MXC is the first exchange to launch a listing board called “Assessment zone” to help projects.
MXC Exchange developed hot and cold wallets in asset storage, as well as a three-party signature mechanism for asset protection.
MXC has successively applied for compliance licenses in 5 countries including Switzerland, Canada, Australia, and the United States.
Introduction
Q — Alex Raffin from GAINS: What did you do before crypto, how did you get into crypto and did you have any other venture in crypto previous to being involved with MXC?
A — Molly from MXC Exchange: I was studying as a postgraduate student before joining MXC, there is no amazing story about why I joined MXC. Just destiny.
Q — Alex Raffin from GAINS: What’s your role at MXC?
A — Molly from MXC Exchange: I am the global community manager. If you joined MXC a long time ago, you may know I built up the global communities one by one, from 20+ members to 60k+ now. Thanks for all MXC fans’ support.
MXC fans in the community like to help each other, if they find some great projects, they share in the community.
Product
Q — Alex Raffin from GAINS: What is FinNexus in a few simple sentences?
A — Molly from MXC Exchange: MXC Exchange is one of the world’s leading digital asset trading platforms. The core members of the team come from world-class enterprises and financial companies, who have rich experience in blockchain and financial industries
It‘s able to offer users one-stop services regarding digital assets, including spot, margin, leveraged ETF, Index trading, and contract trading services, as well as PoS staking service. It not only puts together an experienced safety team but also works with top-notch security companies to fully ensure the safety of the user’s assets.
Since its establishment, MXC has successfully applied for compliance licenses in 5 countries including Switzerland, Canada, Australia, and the United States. Users are distributed in English, Russian, Korean, Portuguese, Turkish, Vietnamese, Hindi, Malay, India, Africa, and other language areas or countries.
MXC gained burgeoning growth in 2019, which accounted for 5% of the global digital asset market. It was awarded by professional blockchain media the titles of “The Most Popular Trading Platform” and one of the “Best Trading Platforms’ ‘.
Q — Alex Raffin from GAINS: What would you say to someone who’s on Binance for example? What’s the incentive for that person to try out MXC?
A — Molly from MXC Exchange: Binance is a good platform, the world’s top. But MXC has some parts that Binance does not. MXC always tries best to provide users with more profitable products, hot projects. MXC is the ancestor to start Leveraged ETF product with great features. You can check more here.
Also, MXC is the first exchange to launch a listing board called “Assessment zone” to help hot projects, especially Defi projects to build their ecosystem. What’s more, MXC launched DeFi mining products on Sep 1, and it was booked out in 3 seconds. More here. We will start the 2nd phase soon, stay tuned here if you are interested in.
MXC is a safe platform with a great trading experience, why not give it a try😉
Q — Alex Raffin from GAINS: The product was gone in 3 seconds? How much was up for grabs? What was the ROI?
A — Molly from MXC Exchange: 3 million worth of MX token. Users need to lock MX token to join.
Q — Alex Raffin from GAINS: How often do these events happen? Is it always first come first served? Are there lotteries sometimes?
A — Molly from MXC Exchange: The 2nd phase has not been released yet. It’s profitable, as it will help to mine current hot coins. What users need to do is just lock MX token.
Q — Twitter user @ketuart02: What discounts and benefits are available on MXC Exchange? What is the progress of futures trading and margin trading on your exchange?
A — Molly from MXC Exchange: You can hold MX token to enjoy up to 20% off. MXC supports many projects in Future and Margin parts. Check here and login. You can see the button in Assets.
There are continuous events to win tokens, HUAWEI P40, iPhone, DJI Osmo pocket gimbal camera, Huawei smart air purifier, etc on MXC. Join our community and stay tuned for the latest news.
Q — Twitter user @Buraysalah1763: Does MXC have its own card that allows conversion from fiat to crypto through Visa/MasterCard to be carried out?
A — Molly from MXC Exchange: MXC exchange supports CNY, VND Fiat trading. Users can also buy BTC, ETH, BCH, LTC, XRP, TRX with VISA cards in USD, EUR, AUD, GBP, TRY, FRF, ARS, RUB.
Check out these steps:
Q — Telegram user Alejandro Urich: What have been the biggest challenges you have had in growing the MXC community? Are you satisfied with the results you have achieved so far?
A — Molly from MXC Exchange: Telling more people about MXC. Some traders have not traded on MXC yet, and some are worried about safety. We need to spread MXC more and learn more about the real MXC exchange. You can check all info about MXC cloud here.
Q — Telegram user imearth: Can you talk about your own experience about the journey of growth of MXC and what still excites you working for MXC?
A — Molly from MXC Exchange: This is an interesting experience. It’s just like your baby grows up, more and more people start to know your baby and love him/her. At first, it was only me in charge of community management, and users started from 20+. One of the first 20+ users became our regional CM now. We have a big family now. I enjoy talking with our users, angels about hot projects, life, hobbies, different countries’ cultures. Everything is brilliant.
Q — Telegram user Gates: Why has MXC restricted withdrawals of some crypto?
A — Molly from MXC Exchange: Everything is normal here. Withdrawal is temporarily not available for projects has some reasons: wallet maintenance, contract upgrade, support fork, etc. If you have any trading problems, feel free to contact online support, they online 24/7 to help.
Q — Telegram user Emi 💌: What are the requirements to participate in SpaceM events? How often are there new events?
A — Molly from MXC Exchange: The requirements may change based on different projects. You can check the announcements here. We will share it in details and get the requirements stated usually
Q — Telegram user Friend R: Is the MXC platform for professional traders? What effect can ordinary investors who are not trading experts feel from using the MXC platform?
A — Molly from MXC Exchange: MXC is for all traders. If you have not so much trading experience, you can buy major cryptos like BTC as an investment, not a large amount each time, and record the amount + buying price at a certain period. Then set a selling price that meets your expected yield. DYOR before any investment as well.
Q — Telegram user JaKi: Is KYC obligatory for using MXC exchange and what do I need to prepare when doing KYC on the MXC exchange? How does MXC Exchange apply and store personal data? Why should we feel safe when providing our personal data?
A — Molly from MXC Exchange: Use this command /kyc in MXCExchange. There will be an answer.
Q — Telegram user Gotsuka: Do you have plans to launch in South America?
A — Molly from MXC Exchange: Thanks for the suggestion. We have a Portuguese community now. We will support more in the future. Stay tuned.
Q — Telegram user Stay Up Late: What messages do you want to send to the community through the use of the color ‘green’?
A — Molly from MXC Exchange: Green means Pump. We like GREEN.
Security
Q — Twitter user @Buraysalah1763: Can you tell us what makes MXC stand out? Security is always considered as the top priority of any exchange. How does MXC protect information and ensure the security of users’ assets?
A — Molly from MXC Exchange: For security:
MXC Exchange lays the utmost importance on the protection of user’s asset security. It builds a comprehensive security protection system by the integration of top-notch security technology, experts in the cybersecurity field, and an elaborately designed security protection mechanism. In terms of technology, MXC Exchange developed hot and cold wallets in asset storage, as well as a three-party signature mechanism for asset protection, making assets in MXC Exchange as safe as in a bank’s vault. It holds tight in user ID verification and emphasizes the protection of user’s privacy in case of asset loss from personal information leakage.
Alongside that, MXC Exchange was established by a group of experts from such world-class companies. We have a first-class security technological team. In addition, it has secured coordination with state-of-the-art security corporations on trading security, threat information report, asset protection, risk control, security consultation, digital-asset tracking, anti-money laundering, etc. Besides, the security team of MXC Exchange is able to monitor any abnormal trading. It has created a defensive system that traps can be set on the route where hackers may pass by.
Q — Alex Raffin from GAINS: Has it been hacked before?
A — Molly from MXC Exchange: Never. MXC has never been hacked. Once the trap is triggered, MXC is able to find it immediately. MXC Exchange also performs drills on simulating DDoS attacks from hackers every week with its partners for the purpose of finding out defensive ways and better protection of the assets on MXC Exchange. Meanwhile, it isolates the key servers of the internal network and establishes an authority control mechanism in case of information leakage from too high authority of some personnel. It also rolls out an audit and monitoring mechanism for all levels of business.
From the user side: Users should pay attention to protect their accounts. For example, users use the same password on all platforms, and the result is that they are hit by the library, or the insecure factors of their own computers and mobile phones, may cause their important information to be leaked.
MXC will take responsibility for any problems caused by the MXC platform. Users should pay attention as well. We should protect assets securely together!
Thanks for stopping by Molly and answering all these questions. We’ve learned a lot about MXC. It offers a wide range of products and has top notch security. Is there anything else you’d like to share? Where can we follow you? — Alex Raffin from GAINS
Thank you guys for these good questions
Find us on: Telegram, MXC trading, Twitter, Twitter Community, Reddit, Facebook, Discord, Register here. Feel free to contact us if you have any trading problems on MXC! Happy trading and profit on MXC! — Molly from MXC Exchange
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