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Home Economy Digital Assets

MEXC Celebrates 7 Years with Explosive Growth to 36 Million Users

by Latifat Fashina
May 22, 2025
in Digital Assets
0
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Leading cryptocurrency exchange MEXC has marked its seventh anniversary with remarkable growth metrics, establishing itself as a dominant player in the digital asset space.

The platform has seen its global user base soar to 36 million while recording impressive trading volume increases throughout 2024.

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According to the latest figures, MEXC achieved a stunning 143% year-over-year growth in Spot trading volume and a substantial 118% increase in Futures trading volume.

MEXC
MEXC

These impressive gains have propelled the exchange’s market share from 2.4% in 2023 to 11.6% in 2024, with further growth to 13.06% in Q1 2025, as reported by TokenInsight.

CoinGecko’s Q1 2025 report highlighted MEXC’s growing influence in the global cryptocurrency exchange ecosystem, noting its ascent to third place in futures trading volume.

MEXC

This performance significantly outpaces industry averages, reflecting the platform’s increasing appeal to traders of all experience levels.

The exchange has significantly expanded its asset offerings to include over 3,000 listed cryptocurrencies and tokens, providing users with diverse trading options.

This extensive portfolio is complemented by one of the industry’s most comprehensive reward programs, which has orchestrated 2,293 airdrop events and distributed prizes valued at $136 million.

To support its rapid expansion, MEXC has strategically doubled its workforce to approximately 2,000 employees.

This organizational scaling has strengthened three critical operational pillars: the Growth Center focused on user acquisition and market expansion; the R&D Center driving technological innovation and security enhancements; and Business Support ensuring seamless platform functionality and superior customer experiences.

The exchange platform’s presence continues to flourish across multiple social platforms, with its X (formerly Twitter) followers nearly doubling to 2.25 million.

Its Telegram ecosystem has expanded to include 193,000 members across various groups, creating dynamic spaces for real-time discussions, market insights, and educational content.

The exchange’s customer service team has successfully addressed over 1.1 million service requests in the past year, demonstrating MEXC’s commitment to user satisfaction.

Beyond routine support, the team has helped users recover over $1.8 million in assets that might otherwise have been lost due to various issues, exemplifying the platform’s proactive approach to customer welfare.

Founded in 2018 with the mission of being “Your Easiest Way to Crypto,” MEXC has evolved from a market follower to establish itself among the world’s elite cryptocurrency trading platforms.

The exchange serves users across more than 170 countries, offering a user-friendly platform that supports both newcomers and experienced investors with secure and efficient access to digital assets.

As MEXC begins its eighth year of operation, the exchange appears poised for continued innovation and market leadership.

Built on a foundation of user trust, technological excellence, and community engagement, MEXC remains committed to shaping the future of digital finance while providing a secure and efficient platform for cryptocurrency enthusiasts worldwide.

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Latifat Fashina

Latifat Fashina

LATIFAT FASHINA is the Business/Finance Reporter at Techeconomy. She can be reached via: latifat.fashina@techeconomy.ng

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