MEXC Unveils Up or Down Prediction Feature and $1 Million Prize Pool Campaign

MEXC, a leading digital asset trading platform, has launched its Up or Down prediction feature within MEXC Prediction Markets. This new feature allows users to predict whether an asset's price will rise or fall within a set time frame, rather than executing a conventional trade.

The initial supported asset is BTC, with ETH, SPCX, and gold (XAU) to be added in the future. Two prediction cycles are available: 5 minutes and 15 minutes, with each event launching and settling automatically.

The feature ensures pricing transparency by using a Composite Real-Time Index together with a Time-Weighted Average Price methodology to determine settlement prices.