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Interview with Katherine Deng, Vice President of MXC Exchange

Published 04/08/2021, 09:09 AM
Updated 04/08/2021, 09:30 AM
Interview with Katherine Deng, Vice President of MXC Exchange

Bitcoin recently suffered a significant price hiccup as over $6 billion worth of options contracts expiration date was approaching. However, the price has performed far better than expected even as the expiration date came. The coin’s recovery has already started, and many assume it is due to institutional involvement. Some predictions say that Bitcoin might even start seeing government investments fairly soon, which will boost adoption stronger than ever before.

With millions upon millions of users already joining the industry due to surging prices, and more to be expected in weeks and months to come, it is more important than ever for investors around the world to have access to some of the best and most user-friendly exchanges that will be able to welcome these new users and help them find their way around in the growing crypto industry, such as MXC exchange.

MXC is a cryptocurrency exchange that was established during the crypto winter of 2018. However, the exchange started attracting a lot of interest recently, and its developers are all experts from financial firms and world-class enterprises. As such, they are highly experienced in blockchain and digital currencies.

As mentioned, the exchange has been attracting major interest lately, and it is licensed in 5 different countries — Seychelles, Switzerland, Australia, the US, and Canada. It has a rich selection of coins — over 370 of them — and more than twice the amount of trading pairs (over 750). Its daily trading volume is at around $4 billion, and as such, it managed to secure a place among the top 80 best and biggest exchanges on CoinMarketCap. Recently, it also announced a partnership with Solana Foundation and OKEX, to launch two new investment funds that would support the Solana ecosystem.

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The crypto industry has experienced quite a difficult period recently. How did that reflect on MXC? (Might want to rephrase the question, as I doubt it can be considered as a “difficult period recently?” The answer below is fine though)

This is largely thanks to institutional traders who rushed in to use the opportunity and buy the dip, so you could say that their strategy helped Bitcoin and the rest of the market find a foothold so quickly.

How many users do you have at the moment?

What is the biggest selling point of MXC? What drives people towards your platform?

Our team members have rich experience in blockchain and financial industries, hailing from world-class companies. There are plenty of options on the platform, and everything is being done in a safe and secure environment, which is what most people need in order to feel comfortable enough to trade. They know that they can trust us with their money, and we have never done anything to bring that trust into question.

Recently, you managed to secure a spot among the top 80 on CoinMarketCap. It is a big achievement with such fierce competition. How did you do it?

We always try to be as transparent as possible with our customers, and set goals that are both, optimistic and realistic at the same time. The quality of service is our top priority, and as long as we can guarantee it, we are willing to experiment and bring new services, features, products, and alike. We have gotten far with this mindset, but we don't plan to stop here.

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What products does the exchange offer?

Most of these come in standard and professional versions, so that we can satisfy the needs and capabilities of novice traders and professionals alike. Everyone is welcome at MXC, and they can easily find what they need in a way that they can understand it.

Which are the most popular pairs on the platform?
BTC/USDTEthereumETH/BTC

Recently, MXC announced the partnership with OKEX and Solana Foundation. Can you tell us more about it?

Our goal has always been to foster close collaboration with some of the most promising blockchain ecosystems, and Solana's potential definitely puts it high on the list of projects we are interested in supporting. After all, Solana saw over 50 market-ready projects launched in the last month alone, which opens up plenty of new opportunities, and we wish to be there to ensure that these and future projects will get everything they could ever need to thrive.

How will MXC help the Solana ecosystem grow?

We have seen many projects with potential fail just because they lacked the resources or they launched at the wrong time. By selecting the key projects, we will not only help the crypto industry advance and bring new use cases, but also Solana's ecosystem itself, which will become that much richer and more prosperous with every strong, competent project that finds its foothold as soon as possible, and starts to grow.

When you have a good project, all you need are the right conditions, and success is all but guaranteed. Solana has good projects, and we are coming to provide the conditions.

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What can you tell us about the new investment funds that you plan to launch?

How will MXC benefit from the partnership?

Working strategically with the Solana team ties in naturally with our own vision and market position. We don't need more than that to make the right move. Simply put, by helping Solana, we are helping its projects, and through them — the future of financial and other industries that these projects aim to touch and improve.

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