MEXC Boosts Reserve Backing by $390 Million for Increased Security

Leading cryptocurrency exchange MEXC has significantly bolstered its reserve holdings to an impressive $389 million over the past two months, marking a significant move towards strengthening security and user confidence. The latest Proof of Reserves audit confirms that all major cryptocurrencies are backed by reserves exceeding 100%, demonstrating MEXC’s commitment to transparency and financial stability. This substantial increase in reserve holdings reflects the growing market confidence in the platform during recent volatile periods.