MEXC Asset Security Framework: Building a Reliable and Resilient Security Framework for Crypto Trading
1. Proof of Reserves: Strengthening Asset Assurance
1.1 What Is Proof of Reserves
1.2 MEXC's Reserve Commitment
1.3 Comparison: The Importance of Maintaining Adequate Reserves
Risks of Platforms Unable to Maintain 100% Reserves | Advantages of Platforms Maintaining Over 100% Reserves |
Funds may be diverted or used for other purposes | Funds are securely held and verifiable on-chain |
Withdrawals may be delayed or fail | Users can withdraw at any time with no risk of a liquidity crunch |
Exposed to bank run risk, making it difficult to guarantee user asset security | Financially stable with no insolvency risk |
Prone to financial difficulties or bankruptcy, potentially resulting in user asset losses | Enables long-term user confidence and reliability |
2. Three-Tier Protection System: Comprehensive Safeguards for User Assets
2.1 The $100M Guardian Fund
- Robust Defense: Dedicated to addressing unforeseen events and abnormal circumstances.
- On-Chain Transparency: Fund assets are verifiable on-chain and open to public oversight.
- 24/7 Protection: The 100 million USDT fund remains on standby at all times to safeguard user interests.
2.2 Reserve Rate Above 100%
2.3 Futures Insurance Fund
3. Conclusion: A Secure and Reliable Choice for Trading
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