MEXC Global integrates Chainlink

Published on: 21.06.2022
MEXC Global integrates Chainlink

MEXC Global integrates Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, MEXC will have access to tamper-proof price data. It is needed to calculate exchange rates between fiat currencies and cryptocurrencies in its over-the-counter (OTC) markets.

This high-quality market data from Chainlink will help ensure that prices in MEXC Global’s OTC markets reflect accurate fair market rates.

MEXC chose Chainlink as its oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink has been helping secure leading DeFi protocols. Responsible for tens of billions of dollars in smart contract value. It also maintains robust security and high availability to reinforce the user experience with faster responsiveness and a higher safety threshold.

MEXC Global Short Background

MEXC Global is a high-performance cryptocurrency exchange with unique transaction matching technology. With a strong background within the industry, the team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology.

Today, with more than 7 million active users across the world, MEXC Global is empowering an increasing number of people to get involved in the crypto-verse. MEXC Global aims to become the go-to platform for new traders and experienced investors as they move forward in their financial journey.

“Chainlink Price Feeds are the industry standard for reliable, decentralized price data. By integrating Chainlink’s decentralized oracle network, we can provide our users with stronger assurances that the exchange rates in our OTC markets are up to date, tamper-proof, and reflect market-wide price discovery.”— Antonio Wu, CMO of MEXC Global

ABOUT Chainlink
Chainlink
is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API. Leverage secure off-chain computations for enabling feature-rich applications. 

Website | Twitter

ABOUT MEXC Global
MEXC Global is a digital asset trading platform with over 7 million users. Offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading, and staking services. MEXC Global believes in “User first, service foremost”. Creates a community where users can access and trade the latest best-in-class digital asset across the world.

Website | Twitter

RESOURCES
Medium

Tags:
Market Stats:
BTC Dominance: 56.87%(-0.43%/24h)
ETH Dominance: 12.26%(+0.13%/24h)
Defi Market Cap: $113.1B(+8.94%/24h)
Total Market Cap: $3236.37B(-2.18%/24h)
Total Trading Volume 24h: $158.12B(+13.48%/24h)
ETH Market Cap: $395.71B
Defi to ETH Ratio: 28.58%
Defi Dominance: 3.35%
Altcoin Market Cap: $1395.87B
Altcoin Volume 24h: $99.74B
Total Cryptocurrencies: 32959
Active Cryptocurrencies: 10466
Active Market Pairs: 95159
Active Exchanges: 771
Total Exchanges: 9803
BTC: 92919.98$(-0.44%/1H)
ETH: 3294.16$(-0.17%/1H)
AVAX: 36.17$(0.6%/1H)
BNB: 676.08$(0.61%/1H)
MATIC: 0.47$(-0.45%/1H)
FTM: 0.95$(0.32%/1H)
ADA: 0.87$(0.37%/1H)
DOT: 6.9$(0.03%/1H)
UNI: 13.49$(0.37%/1H)
CAKE: 2.36$(0.28%/1H)
SUSHI: 1.42$(-0.46%/1H)
ONE: 0.03$(0.23%/1H)