Focus on the project, exploring the three main advantages of MEME, the exchange with the lowest liquidation risk

The global cryptocurrency market is developing rapidly. As one of the key innovations in financial technology, cryptocurrencies have had a far-reaching impact on the entire financial industry and its regulatory sphere. As the market expands, more people know what cryptocurrencies are, and the size of the user base is expanding. According to data, as of June 2021, the number of cryptocurrency users worldwide had reached 221 million, with the increase from 100 million users to 200 million users taking only four months. As of December 29, 2021, there were 295 million cryptocurrency users worldwide, an increase of 178.30% compared to the beginning of 2021.

However, due to the big market turmoil and the heavy losses in the spot market, many people have turned to the contracts market and started trading contracts. Contract trading makes it easier for traders to realize profits because of the advantage of regular profit and loss swaps without holding spot on both long and short sides.

Digging deeper into the product features, the contracts market outlook is more recognized than the single spot market, with contract trading becoming the main point of interest in the crypto market. The signs of market rule optimization suggest that a whole new change is brewing in the global contract market. From the industry’s perspective, the only key for trading platforms to move toward the contract highs is to make precise efforts. In order to break through successfully, it is crucial to make a good user experience and to choose a differentiated market.

The exchange with the lowest liquidation risk — MEME
As far as an exchange is concerned, the transaction itself is the product and the service is the root of user retention. The exchange does a good job of giving users a good platform and providing better assurance for them.

In order to let users better experience the product and enjoy the fun of trading, MEME will maintain the margin rate at 0.25%, the lowest in the network, only half of that of major exchanges!

If the initial margin is 1000USDT and the position is 30,000USDT with 100x leverage, MEME maintenance margin rate is 0.25%, so only 75USDT. The margin = account margin — maintenance margin = 225U; the liquidation price = opening price — margin = 29775U. Under the same conditions, the liquidation price of other exchanges is 28333! That is to say, in MEME trading, your contract is more resistant to volatility and the capital usage rate is maximized.

The moment you choose MEME, your USDT holdings are already worth more than on other exchanges, especially in the big market. MEME contracts can last longer, so you might be able to turn the tide against the wind and turn a loss into a win, easily!

MEME — The first Web3 multi-account exchange
MEME is the first Web3 exchange with multiple account systems that can be freely switched. MEME is perfectly compatible with DEX and CEX, and supports multiple accounts (wallets, emails) thanks to Web3 free interaction technology. This means that MEME users can switch accounts at will when logging in, giving users a better product experience.

MEME has a perfect account system, which is compatible with centralization/decentralization and protects the security and secrecy of users’ assets with the highest efficiency. It has reached deep strategic cooperation with many security agencies at home and abroad to regularly conduct security penetration tests on the system to protect the security of the exchange assets.

MEME price anomaly protection
In order to help users reduce the risk of participating in derivatives trading, MEME has created a price anomaly protection: no pinning, no downtime, and risk guarantee money to protect you and protect your trading security.

1、The index price of MEME platform is the weighted average of the spot indices of three major exchanges, namely Firecoin, OKEX and Binance, so it is not affected by the price fluctuation of a single exchange.

2、If there is an anomalous price on the platform, users will be compensated by the platform for the loss of the price difference caused by the anomalous price.

3、A price difference of more than 2% between the latest MEME price and the index price due to extreme global market conditions is considered an anomalous price.

1. The compensation will be deducted from the MEME risk reserve fund, which is a pool of 10 million USDT.

In addition to the safety, stability and convenience of the transaction, as an exchange what is more important is the diversity of trading services. Whenever there is a period of historical change, there will always be a large number of chaotic heroes. MEME will continue to serve global users with the best trading experience, create a global ecology where all people can easily participate and profit, and build a new era of future contracts together with global users.