MEXC said on Sept. 30 that it had added another 1,000 BTC to its user protection fund, Guardian Fund, marking the exchange’s second large-scale BTC allocation this year. After the latest addition, the fund now holds 100 million USDT and 2,000 BTC. The exchange said the move follows a commitment it made in May to expand the Guardian Fund from $100 million to $500 million over two years. MEXC also said it has disclosed the fund’s on-chain wallet addresses so users can verify the holdings directly. The announcement ties the latest BTC allocation to the exchange’s previously stated plan for scaling the fund, rather than presenting it as a standalone transfer. No further details were provided in the brief update beyond the added BTC amount, the current asset mix, the timeline of the expansion plan, and the disclosure of wallet addresses for public verification.
MEXC announced on Sept. 30 that it had added another 1,000 BTC to its user protection fund, Guardian Fund. The exchange described it as its second large-scale BTC allocation this year.
Following the addition, the fund holds 100 million USDT and 2,000 BTC.
MEXC said the move continues a commitment it made in May to expand the Guardian Fund from $100 million to $500 million over two years. The exchange also said it has made the fund’s on-chain wallet addresses public for user verification.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
