Altcoins News
By Pankaj K
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MEXC just dropped fees. The crypto exchange launched its prediction market platform March 16 with zero trading costs and zero settlement charges, jumping into a space that Kalshi…
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Prediction markets went wild this past year, and the numbers show it. February alone saw more than $18 billion in trading volume across the industry, according to data from…
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MEXC's COO Vugar Usi said something that caught attention: "The next frontier of trading isn't just assets, it's outcomes.
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The timing looks deliberate. Coinbase teamed up with Kalshi earlier this year to bring regulated prediction markets to U.S. users, focusing on political and economic outcomes.
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MEXC's zero-fee approach could mess with everyone's pricing models.
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Major exchanges with millions of users can roll out event-based products fast and test new pricing without much risk. That's exactly what MEXC seems to be doing here.
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Jamie from MEXC Product tweeted about the launch the same day, inviting users to try the beta and share feedback.
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But details remain murky on what events traders can actually bet on. MEXC hasn't disclosed the specific types of outcomes available, though the focus on real-time probability…
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The competitive pressure's building fast. Established platforms like Polymarket charge various fees for trading and settlement, which can eat into profits for active traders.
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Institutional interest in prediction markets jumped 25% over the past six months, according to recent reports.
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Shayne Coplan at Polymarket probably isn't thrilled about MEXC's zero-fee model. Specialized platforms now face pressure to either cut prices or enhance their offerings in other…
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Binance hinted at potential interest in event-based trading on March 16, the same day MEXC launched.
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CryptoCompare reported a 40% increase in demand for event-based contracts over the past year.
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Jamie held a live Q&A session March 17, emphasizing MEXC's user-focused approach. He said the team's actively collecting feedback to refine platform features and meet trader…
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MEXC hasn't disclosed user engagement numbers or initial trading volumes yet. The industry's watching closely to see if zero fees actually drive adoption or if traders stick with…
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