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Cryptocurrency News Articles

MEXC Kicks Off “Buy BTC for $1” Event to Celebrate Bitcoin's Market Dominance

Feb 10, 2025 at 05:07 am

MEXC, a prominent cryptocurrency exchange across the globe, has kicked off a major celebratory trading activity – “Buy BTC for $1”, to run in commemoration for the continued market dominance of Bitcoin.

MEXC Kicks Off “Buy BTC for $1” Event to Celebrate Bitcoin's Market Dominance

Seychelles, February 9, 2025, Chainwire — MEXC, a world-leading cryptocurrency exchange, kicks off a major celebratory trading activity – “Buy BTC for $1”, to mark Bitcoin’s continued market dominance. The initiative will see users be able to purchase BTC at a symbolic price of $1, to commemorate its journey from around $1 in 2011 to over $100,000 in 2024. The celebrations will also feature a prize pool of 350,000 USDT, showcasing MEXC’s dedication to rewarding its community.

The event will run from 9 to 12 February 2025, coinciding with a transformative moment for Bitcoin – when it ceased to be just among the niche digital assets and spent some years emerging into the most relevant investment vehicle. MEXC indeed plays an important role in this development by offering professional-grade trading infrastructure and sufficient liquidity to various market participants. In 2024, according to TokenInsight’s ranking, MEXC has not only fallen under the world’s top exchanges with an 11.6% spot market share but also, among the major exchanges in Derivatives trading, it recorded the highest year-on-year growth.

New and existing KYC-verified users are invited to join the “Buy BTC for $1” event on the MEXC platform with Futures trading. The prize pool of $350,000 USDT will be allocated among users based on their trading volumes, with greater volumes presenting higher chances for winning shares.

Tracy Jin, Vice President at MEXC, said:

“Even amid recent turbulence in the crypto market, Bitcoin remains the cornerstone of crypto investment. Currently, Bitcoin serves as the main driver of the mainstream adoption of cryptocurrency, with BTC price breaking the $1 mark in February 2011 and went on to cross $100,000 in December 2024, continuing its upward trend. This new event is a prime example of how we create exciting, unique opportunities for our users, enabling them to engage with the market at an unimaginable price point. It’s an exciting way for both seasoned traders and newcomers to benefit from the incredible potential of Bitcoin.”

Beyond promotional events, MEXC’s contribution to Bitcoin’s ecosystem and the broader crypto industry was evident through several key achievements in 2024:

As TokenInsight’s rankings indicate, MEXC’s performance in both Spot and Derivatives trading brought the exchange to the world’s Top 5 in crypto trading volume. This achievement highlights MEXC’s capability in facilitating professional crypto trading and its commitment to serving experienced market participants.

The exchange’s continuous platform enhancements and strategic initiatives led MEXC to be handling over 30% of the global cryptocurrency derivatives trading volume, showcasing its strength in catering to advanced traders and institutional investors.

Tracy added:

“At MEXC, our users’ interests are always at the heart of everything we do. With over 30 million users across more than 170 countries, we continue to expand our reach while innovating to provide the best possible trading experience. We’re committed to offering cutting-edge trading features and organizing exclusive events that empower crypto enthusiasts and newbies to explore new opportunities and grow their portfolios.”

For full event details and participation rules, visit the event page.

About MEXC

Established in 2018, MEXC aims to be “Your Easiest Way to Crypto.” As a top cryptocurrency exchange serving over 30 million users in more than 170 countries, MEXC is renowned for its wide array of popular tokens, frequent airdrop opportunities, and competitive trading fees. Our user-friendly platform provides seamless and cost-effective access to digital assets, catering to both novice traders and experienced investors. Throughout its journey, MEXC has been dedicated to offering a vast and vibrant crypto ecosystem, boosting interaction, and forging connections among crypto enthusiasts around the globe.

Learn more about MEXC at MEXC Official Website, X, Telegram, How to Sign Up on MEXC.

The information provided in this article regarding cryptocurrencies does not constitute MEXC’s official stance or serve as investment advice. Given the nascent and highly volatile nature of the cryptocurrency market, investors should conduct thorough research, evaluate market trends, project fundamentals, and potential financial risks before making any trading decisions.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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