What does XMEX represent (xeme meaning in Chinese)?

XMEX represents a digital asset derivatives trading platform launched in Seoul,

What does XMEX represent (xeme meaning in Chinese)?

XMEX represents a digital asset derivatives trading platform launched in Seoul, South Korea, according to official sources. It is reported that XMEX is an authorized compliant exchange and virtual currency trading platform with a license from the Singaporean Monetary Authority and the United States.

According to official introductions, XMX is a fully decentralized exchange system (DEX) with over one million users worldwide. It supports mainstream currencies such as BTC, ETH, EOS, LTC, as well as various DeFi tokens. Additionally, it provides multiple features including real-time market updates and market orders, allowing anyone to trade anytime, anywhere. It also supports automatic execution of all financial instruments and derivatives.

xeme meaning in Chinese

xeme is a decentralized social application developed by the American internet company ConsenSys. Its vision is to establish a global, interoperable, and borderless platform. XEME is translated to “么么” in Chinese, which means that the assets owned by users are referred to as ‘money’ or ‘items’ (such as cryptocurrencies and NFTs).

According to the introduction, the project will be supported by blockchain technology, enabling instant transactions, transfers, and remittance services through third-party networks without the need for a bank account. xEMI is a distributed protocol-based data storage system.

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