MEXC Futures Unveils Index Price for PAYCUSDT Contracts

The MEXC Futures platform provides users with an index price for PAYCUSDT Futures contracts. This index price serves as a gauge of the fair market value of each contract, calculated by taking a weighted average of prices from multiple major spot exchanges.

The goal is to help traders assess the real-time value of their investments and minimize the impact of market volatility on their decisions.

MEXC Futures claims that buying PAYCUSDT (undefined) on its platform can result in lower fees, with a trading fee structure that applies to both maker and taker trades.