GM fam
Rough week for MEXC users, and the question all over the timeline is the same: what happens to my funds?
Here’s where it stands. On November 6, FinCEN ordered US financial institutions to stop processing transfers involving MEXC, with enforcement starting 30 days after the order is published. MEXC says it’s operating normally and user assets are secure. Some platforms have already started restricting transfers involving MEXC, so if you’re planning to move funds, don’t worry CoinW still accepts transfers from Mexc.
I’m not here to pile on. Every exchange is part of this industry, and I hope this gets sorted properly for their users.
If you’re looking for a new home for idle USDT, Tether’s Ark from @Tether and @CoinWOfficial is one option. Up to 12% APR, with rewards paid in XAUT, Tether’s gold-backed token ⤷ https://t.co/LCqNkE3BSc
Fixed terms can’t be redeemed early and ethereum:0x68749665ff8d2d112fa859aa293f07a622782f38 moves with the gold price, so check the terms first.
Stay safe, and don’t make decisions in panic.