MEXC launches the VIP Trader Experience Card with 0.01% fee and other exclusive privileges

MEXC wants to attract elite traders by launching the new VIP Trader Experience Card, which promises exclusive benefits. In practice, users with a minimum monthly trading volume of 10 million USDT will be able to obtain a 0.01% fee, the lowest in the sector. 

MEXC and elite traders: 0.01% fee for users with monthly trading volumes of at least 10 million USDT

MEXC, the crypto-exchange based in the Seychelles, has launched a new offer to attract elite traders.

In practice, for those who demonstrate having a monthly trading volume of at least 10 million USDT on spot and futures markets, MEXC offers the new VIP Trader Experience Card. 

This card offers exclusive advantages such as, primarily, that of obtaining only 0.01% trading fees, along with a series of other privileges. 

The offer is also open to traders coming from other competing platforms, also demonstrating here their minimum required trading volume. 

MEXC and the offer for traders with volumes over 10 million USDT: how does it work?

According to the announcement official, the process to obtain your own VIP Trader Experience Card is very simple, and requires the platform’s approval.

In practice, to apply, the user just needs to log in or sign up to MEXC and provide their proof of trading volume from the last 30 days carried out on MEXC itself or on other platforms. 

Once approved, participants will receive a 30-day VIP card, with the possibility to renew it based on continued trading activity.

In addition to the reduction of fees to 0.01%, VIP cardholders can also gain exclusive access to MEXC’s premium services and the support of dedicated account managers. 

Not only does MEXC draw the attention of traders, but also affiliates, encouraging them to take advantage of the program to expand their trading audience and enjoy long-term benefits.

The strategies of crypto-exchange

MEXC has implemented its “0.01% fee” strategy and other benefits, aiming to expand its user base to high-volume traders. 

With other objectives, the strategy dedicated to trading fees always attracts new users and is often applied by crypto-exchanges. 

In fact, the same Binance, last July had announced its zero-commission promotion for the EUR/USDC trading pair, available only for users of the European Economic Area (EEA).

In this case, Binance aimed to facilitate crypto trading for European users, in order to increase its user base in this area.