MEXC Boosts Guardian Fund with Another 1,000 BTC

MEXC has made another significant addition to its Guardian Fund, adding 1,000 BTC to the existing stash of 2,000 BTC. This brings the total value of the fund to $100 million in USDT and $4 billion in BTC.

The move is part of a larger strategy by MEXC to expand the fund towards $500 million over two years. The company has been steadily building up its reserves, with this latest addition taking the total on-chain reserves to a significant level.

The increased reserves are seen as a sign of MEXC's commitment to user protection and security. With a larger reserve in place, users may feel more confident in using the platform, which could lead to increased trading volumes.