Partnership Announcement: MEXC and Hacken Join Forces to Enhance Platform Security
- MEXC partners with Hacken to boost platform security.
- Hacken will assess vulnerabilities in apps and APIs.
- MEXC offers Proof of Reserves and $448M Insurance Fund.
MEXC, a prominent cryptocurrency trading platform, has recently entered into a strategic partnership with Hacken, a leading blockchain security auditor. The collaboration aims to bolster the security measures of the platform and ensure the protection of user assets in an ever-changing landscape.
Enhancing Security Measures
As the cryptocurrency industry evolves, security remains a top priority for MEXC. Hacken will conduct a thorough security assessment to identify and address vulnerabilities across various areas such as web applications, mobile apps, and APIs. The assessment will focus on:
- Identifying and addressing vulnerabilities
- Assessing encryption measures
- Safeguarding session management
- Verifying user inputs
Commitment to User Safety
Tracy Jin, COO of MEXC, emphasized the platform’s dedication to user security and asset protection. Through the partnership with Hacken, MEXC aims to implement advanced security measures that adapt to emerging threats, ensuring a robust defense against cyber risks.
Dyma Budorin, CEO of Hacken, echoed the importance of proactive security measures in maintaining a reliable trading platform. The collaboration with MEXC signifies a shared commitment to user safety and the establishment of a secure ecosystem.
Proof of Reserves and Insurance Fund
In addition to the partnership with Hacken, MEXC offers Proof of Reserves to enhance asset safety and ensure transparency for users. The platform also maintains an Insurance Fund Account, providing over $448 million to cover deficits during liquidation events.
About MEXC
Founded in 2018, MEXC is a user-friendly cryptocurrency trading platform that caters to both new traders and experienced investors. With a wide range of tokens, low trading fees, and a commitment to simplicity and innovation, MEXC aims to make crypto trading accessible and rewarding for users worldwide.
For more information, visit the MEXC Website.
