MEXC partners with Hacken to bolster platform security

MEXC, a leading cryptocurrency trading platform, has announced a strategic partnership with Hacken, a premier blockchain security auditor, to enhance the security of its platform. This collaboration underscores MEXC’s commitment to protecting user assets and maintaining a robust platform in an ever-evolving crypto landscape.

Security remains a top priority for MEXC as the crypto space continues to evolve. Hacken will conduct a comprehensive security assessment to ensure the platform’s infrastructure is protected from vulnerabilities and cyber threats. The assessment will focus on various critical areas, including identifying and addressing vulnerabilities across web applications, mobile apps, and APIs, assessing encryption measures to prevent data leakage, safeguarding session management to prevent hijacking and fixation attacks, and verifying that user inputs are sanitized to prevent injection attacks.

Tracy Jin, COO of MEXC, emphasized the importance of security, stating, “At MEXC, the security of our users and their assets stands as our paramount priority. While we continuously strive to offer the most promising assets for trading, we are equally committed to providing a fortress of protection for our users’ investments. Through our strategic partnership with Hacken’s cybersecurity experts, we implement industry-leading security measures that evolve alongside emerging threats. This multi-dimensional approach ensures that MEXC remains both agile in responding to market opportunities and resilient against sophisticated security challenges.”

Dyma Budorin, CEO of Hacken, highlighted the significance of the partnership, saying, “Security is the backbone of a reliable trading platform, and at Hacken, we are committed to raising the industry standard. Our partnership with MEXC reflects their strong commitment to protecting users and maintaining a secure ecosystem. Through a comprehensive security assessment, we will identify and address potential risks, strengthening MEXC’s defenses against emerging threats. In an industry built on trust, proactive security is essential for long-term success and user confidence.”

In addition to the partnership with Hacken, MEXC provides Proof of Reserves to ensure asset safety and maintain transparency for its users. This feature allows users to trade with confidence, free from concerns about withdrawal runs. The reserve rates are updated every two months, further demonstrating MEXC’s commitment to maintaining trust and transparency. Furthermore, as of February 28, 2025, MEXC has provided over $448 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation