The recent FUD from MEXC has brought an important lesson: Maker fees can no longer be maintained at 0%. The 0% trading fee policy has inadvertently allowed users to engage in excessive scalping, causing losses for the exchange and violating its policies.
Normally, other exchanges only lock accounts or restrict withdrawals of principal, but MEXC locking assets for 180-365 days is indeed a bit excessive. Hopefully, this time MEXC will learn from the experience, adjust and increase trading fees to close this loophole, while also providing opportunities for affiliates to earn additional income from fees. Keeping the fee at 0% forever will only lead to prolonged hunger! 😂😂😂