This is the letter from founder of MXC — Mx, and I am very honored to have the opportunity to express my heartfelt wishes through letters.

Today’s MXC is 1 year old, thanks to the attention of users over the past year and the companionship of the Matcha partners. Within this year, Matcha was lucky enough to stand on the cusp and capture the industry dividend. Currently, it has more than 2 million registered users worldwide, more than 200,000 daily users, and daily trading volume over 600 million US dollars, MXC is becoming a well-respected exchange. All of these achievements are inseparable from the efforts of team partners.

Recently, people often ask me why I want to do an MXC exchange, which actually goes back to the previous entrepreneurial experience. I was a quantitative trading player. When I used the API interface in a head-end exchange, due to the BUG of the API, the hacker stole millions of coins and suffered heavy losses. I realized the importance of protecting the security of user assets, which directly led me to develop a platform that is better and safer.

Today, MXC has been operating safely for more than a year. Even so, our technical team is still not arrogant. The code of our exchange is insisted on being written by myself. I personally have to be close to you because I think the transaction is safe and smooth. Sex is always our core competitiveness.

However, the indifference to technology and operation also directly led us to communicate with the industry media insufficiently. With the development of Matcha, everyone is more and more curious about Matcha, and we are fortunate to have the attention of some media friends and to us. Reported. Naturally, some doubts have arisen. On behalf of Matcha, I would like to express my deepest gratitude to the friends who have paid attention, supervision and helped us find the problem. We accept supervision from across the industry and respond to all questions one by one.

1. Where is Matcha?

As the media friends said, one month ago we cancelled the main company in China, not for the road, but for compliance, in order to provide users with a better trading experience. We have registered the company’s main body from Singapore, which was originally established in the world’s most open financial environment, and has been committed to compliance.
At the same time, we are gradually distributing jobs on a global scale. In the future, you will see MXC in various cities and countries.

2. Who is MX?

Mx is of course me, and it is a fact that I don’t want to show up publicly. Knowing my friends knows that I personally do things relatively low-key (but does not prevent me from being the chief customer service keyboard man), more focused on the deployment of the company’s development strategy and control of technology. I don’t want to come out often because I don’t want to be too symbolized and tagged to affect my energy.

Nakamoto is one of the most admired people in this industry. He is full of great wisdom and pattern. I understand that if he is very famous, Bitcoin will not be developed today, and he will also be subject to numerous arrows flying in the dark. I think a blockchain company wants to be big enough. The founder’s thought height and pattern are especially important. What I hope is that everyone can remember in the history of the blockchain industry that MXC Matcha is a great deal. Instead of remembering me mx personally.

3. Employees are investigated and assistants leave

The employee was investigated because he received black money on the merchant’s OTC platform and was invited to assist in the investigation. As the media said, this is a problem that all users will face when trading on an OTC platform.

The separation of assistants is a private matter, and everyone has their own plans for life, which should be understood. It’s a fate to come and fight together. Respect all my comrades’ requests to leave the team at any time. I also hope that everyone can respect it.

4. Matcha Connections

1) About FET:

The Matcha Exchange is the largest private equity investor in FET. It has a large private share of FETs. We take the private equity share as an IOU, which is equivalent to transferring our private equity shares and online transactions in advance. In the 17th and 18th years, Yunke, Biter and other exchanges have had similar games, including several items such as IPFS on Biter. It is possible that many new users of the currency do not know the truth, so for Matcha always Keep misunderstanding here as clarification.

Matcha and FETCH project parties have always maintained a good relationship of cooperation. The following picture shows the poster of the FETCH project party CEO in the Matcha community.

2) About NEW:

Let me show you a picture first:

Through the announcement time, we can find that the NEW project, was listed on MXC a few months earlier than on HUOBI. Because the influence of the HUOBI platform is relatively large, many users mistakenly believe that the HUOBI is the starting platform of NEW.

Matcha seven months ago is not as famous as it is now, nor is there so many people following us. However, we do not feel depressed, but rather gratified, because it further shows that our understanding of the purpose of the choice and acumen has reached or even far exceed the level of the first-line exchange.

We have been trying to dig for, filter and present high-quality blockchain projects to our community. I think this is also a basic skill, basic literacy and core competitiveness that an exchange should have.

5. Is Matcha a safe place?

First of all, it is emphasized that MXC has always been safe from the very beginning to the present.
This time, it was misrepresented as a “robbery” incident, mainly because the hacker crashed into the library and individual users were misled by illegal phishing websites, and did not bind Google authentication, resulting in account leakage, SMS verification was intercepted by hackers, and thus the currency was lost. Out of account for the user, we have already compensated some of the users for this exception, and we hope that through this incident, users will be able to build enough trust in Matcha and hope that they can really pay attention to security issues.
There is no small matter in financial security. In the future, we will continue to exert our strength in the security field.

The detailed process can be seen in this report: https://media.weibo.cn/article?id=2309404394789607964961

6. Faking volume

There are third-party liquidity providers on each trading platform. Since we recently launched a more interesting activity called mainstream currency trading contest, mainstream currency has “colorful egg” when trading, when the number of traders reaches a certain number of people The fee will gradually decrease until the number of traders reaches 40,000, and the transaction fee will be waived, so some liquidity service providers and users will choose to increase their trading volume.

7. K line and 0 trading volume

Our K-line disconnection is mainly due to a problem with the K-line module, and the corresponding transaction is actually a transaction. We have already fixed the problem with the module at the fastest speed. We also spent a lot of effort on refactoring the front end. Users can experience the current fluency (www.mxc.com), which is much better than before.

In addition to respond to the above rumors, let’s talk about the future vision of our Matcha Exchange. In order to develop towards the goal of global first-line exchanges, Matcha has the responsibility and obligation to promote the positive development of the industry. Start with itself and build a better MXC!

a) International development: Blockchain is borderless, and the flow of assets also breaks through national boundaries. There are more and more users in various countries and regions in our exchange due to word-of-mouth recommendations between users. In order to meet the needs of users, we plan to develop our global strategy, establish a multi-language customer service center, establish a local marketing team, and actively cooperate with local government and competent authorities to comply with regulatory requirements to serve better our users.

b) MXC Foundation: I hope that our products can be used as easily as the bank’s. Secondly, we can help some of the potential blockchain projects like SMEs support SMEs and operators to help them grow. So this year we established the “MXC Foundation”. This is a fund that is completely independent of the exchange, and we are committed to invest in projects that drive blockchain technology and make major changes to the industry. Currently we have completed investment in some projects.

c) Operation: Build community incentives to allow the operation and promotion of exchanges to be decided by the community and motivate all contributing users. Listen to the opinions of the community, preoritize the interests of users, make everything possible for benefits of users, and security of users’ assets as the first priority. Establish communication and collaboration mechanisms for the internal operations of Matcha, enhance the professional services of the team, and improve the quality of customer service. Establish an international talent pool, strengthen employee training, establish a sense of brand honor, and eliminate the negative impact of inconsistency on the brand.

The material level of myself and several core employees has already reached satisfaction. Entrepreneurship is for me to stand at a certain height and bring real improvement to the industry while also realizing my personal value, in order to pursue Maslow’s demand. The top of the pyramid. I think that the exchange industry that everyone sees is still far from good enough. In this industry, someone must be able to take the lead and play a leading role in the industry until one day the blockchain industry becomes mainstream and is widely recognized by the public.

Finally, I would like to express my sincere gratitude to my users, media friends and matcha comrades. I hope that everyone in the industry will continue to supervise us. There is still a long way to go and the baggage of responsibility to carry.