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MEXC Unveils $100 Million Guardian Fund To Safeguard Users Against Security Threats
- MEXC, a global cryptocurrency exchange, has introduced a $100 million Guardian Fund to enhance user safety against security threats.
- The fund aims to protect users from severe security threats like large-scale exploits and targeted attacks.
- MEXC has disclosed all fund wallet addresses publicly, setting a new standard for transparency in the industry.
- Users can verify balances, monitor transactions, and ensure the fund's integrity through public wallet addresses.
- A special page will allow users to view wallet addresses, check balances, understand coverage, and track compensation cases.
- The fund covers incidents like platform breaches and losses due to system vulnerabilities.
- MEXC's Guardian Fund offers agile support with swift deployment upon verification of security incidents.
- Tracy Jin, COO of MEXC, emphasizes the importance of security and user protection through the Guardian Fund.
- MEXC emphasizes security with additional measures like Proof of Reserves and an Insurance Fund Account for futures trading.
- Founded in 2018, MEXC aims to simplify crypto trading with a wide range of tokens, airdrop opportunities, and low fees.
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