MEXC Launches First Trade Protection Program with Up to 500,000 USDT in Liquidation Coverage

Dec 23, 2025, 10:21 a.m. 2 sources neutral

Global cryptocurrency exchange MEXC has introduced a comprehensive Futures trading protection initiative designed to lower entry barriers and provide a safer trading environment. Announced on December 23, 2025, the "First Trade Protection" program leverages the platform's existing Futures Insurance Fund to offer risk coverage for both new and existing users.

New users engaging in Futures trading for the first time can receive a dual-coverage mechanism. Losses on their initial trade are eligible for up to 50 USDT in automatic Futures bonuses. By registering for the platform's 500,000 USDT liquidation coverage program, they can claim an additional 50 USDT, offering up to 100 USDT in total risk protection for their first trades.

Existing users are eligible for liquidation coverage from a dedicated 500,000 USDT pool. They can enjoy first-trade protection benefits of up to 50 USDT per trade. Furthermore, if daily cumulative losses reach a specific threshold, users may claim liquidation coverage ranging from 20 to 2,000 USDT, depending on the loss amount.

For high-net-worth and active traders, MEXC has introduced a Loss Coverage Voucher system. Eligible users have up to an 8% chance of receiving coverage on losing trades, meaning approximately 4 out of 50 losing trades could be reimbursed, with a single payout capped at 500 USDT. During the event period, daily trading activity also enables users to earn additional bonuses ranging from 1 to 100 USDT.

Vugar Usi, Chief Operating Officer of MEXC, stated: "MEXC is committed to providing the safest possible trading environment, ensuring that all users can engage in the crypto market with confidence. The First Trade Protection program reflects our long-term dedication to users, leveraging leading liquidity and zero-fee advantages to help them seize market opportunities and maximize returns."

The initiative is positioned as a response to the notorious volatility of cryptocurrency markets, aiming to mitigate the significant risk that often deters newcomers and protects even experienced traders from total loss during extreme market swings. MEXC, founded in 2018 and serving over 40 million users across 170+ countries, plans to continue optimizing its products and protection mechanisms to foster a safer and more inclusive trading ecosystem.