MEXC, a global cryptocurrency exchange, launched a "Buy BTC for $1" event on February 9, 2025, to celebrate Bitcoin's journey from $1 in 2011 to over $100,000 in 2024. The event features a 350,000 USDT prize pool, reflecting MEXC's commitment to community engagement.
The event runs until February 12, 2025, coinciding with Bitcoin's transition from a niche asset to a mainstream investment vehicle. MEXC has played a significant role in this development, providing professional-grade trading infrastructure and liquidity. In 2024, MEXC ranked among the world's best exchanges with an 11.6% spot market share and recorded the highest year-on-year growth in derivatives trading.
New and existing KYC-verified users can participate in the event on the MEXC platform through Futures trading. The prize pool will be distributed based on trading volume, with higher volumes earning larger shares.
"Bitcoin remains the cornerstone of crypto investment, driving mainstream adoption. This event offers users an opportunity to engage with the market at an unimaginable price point," said Tracy Jin, Vice President at MEXC.
MEXC's contributions to the crypto industry extend beyond promotional events. In 2024, the exchange achieved several milestones, including securing positions among the Top 6 in Spot trading and Top 5 in Derivatives trading, according to TokenInsight.
MEXC was founded in 2018 with the goal of providing easy access to cryptocurrency. The platform serves over 30 million users in more than 170 countries and is known for its wide range of tokens, airdrop opportunities, and affordable trading fees.