MXC Exchange Rebranded MEXC Global, Deepening its Global Compliance Strategy
On June 8 (SGT), as an important part of the globalization strategy, the MXC Exchange brand was officially upgraded to MEXC Global, deepening its global compliance strategy.
MEXC Group and MEXC Global respectively correspond to the MEXC Group and MEXC trading platform brands, of which MEXC Global can be abbreviated as “MEXC”. At present, MXC Exchange has changed the official products and channels to MEXC related brand logos.
In 2019, MEXC launched a global compliance strategy, and within one month under the guidance of the Estonian regulatory agency and the US regulatory agency FinCEN (Financial Crime Enforcement Network, a subsidiary of the US Department of the Treasury), it obtained the MTR of Estonia and the MSB of the US license.
Starting from August 20, 2019, MEXC has successively supported Vietnamese and Indonesian versions, and since then has added 9 language versions, and opened Vietnam, Indonesia, Africa, the Philippines, India, Malaysia, Brazil, South Korea, Turkey, etc exchange communities in countries and regions. Angel teams are set up in 10 overseas communities to be responsible for localization and community maintenance. After understanding the cultural differences, they can meet user needs more effectively.
In 2020, to further promote its globalization strategy, MEXC obtained compliance licenses in Australia, Canada, and Switzerland in March, May and June respectively.
At the same time, MEXC has reached a cooperation with Banxa, a payment processing platform in Southeast Asia, and Simplex, a European compliant payment company, to directly purchase digital assets such as BTC, BCH, LTC, and ETH through VISA and MasterCard cards in Euros or U.S. dollars.
MEXC Global CEO John said that brand upgrading is an important part of MEXC’s globalization strategy. As a global trading platform, MEXC will continue to expand within the global market.
According to Coinhills data, as of June 8th, Singapore time, the total Bitcoin transaction volume in various countries around the world was 580,000 BTC, of which the U.S. dollar traded more than 480,000 BTC against Bitcoin, accounting for 83.23% of the total, ranking first. Japanese yen, Korean won, The Euro, British Pound and Polish Zloty ranked 2–6 respectively.
Up to today, MEXC has more than 5 million users from more than 200 countries and regions around the world. The product platform supports English, Vietnamese, Indonesian, Japanese, Korean, Turkish, Portuguese and other languages. User coverage includes English, Vietnamese, Indonesian, Korean, Filipino, Portuguese, Turkish, Russian, Malay, Hindi, Africa and many other language regions. Among them, users in Europe, Central Asia, West Asia, Southeast Asia and the Americas account for more than 67%.
CEO John said:
“In the process of globalization, MEXC will adhere to the original intention, to the user’s first principle, to consider issues from the user’s perspective and to provide users with better digital asset services.”
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