Key Highlights
- Vugar Usi has been appointed CEO of MEXC during the company’s 8th anniversary to lead global growth and user-focused improvements.
- The firm said the zero-fee trading system has returned over $1 billion to users, making trading cheaper and more accessible.
- The platform supports real-world and cross-border use, including spending at multiple merchants and reward programs.
MEXC said it has appointed Vugar Usi as its new Chief Executive Officer, with the announcement made during the firm’s 8th anniversary. The company said the move aligns with its goal to expand globally and strengthen its focus on users.
Usi previously served as Chief Operating Officer at MEXC, a role he took on in December 2025. During that time, he led initiatives aimed at improving transparency and strengthening risk management systems designed to protect user funds and reduce technical errors and fraud.
According to the official announcement, the firm said he has more than ten years of experience in high-growth companies and has worked with Bitget, Sony, Facebook, and Bain & Company, which has helped him gain experience in both traditional business and digital asset platforms.
“What drew me to MEXC was the product,” Usi said. “Even before joining, I saw an exchange that was faster, smoother and more responsive than its peers.”
Expanding zero-fees trading
After taking on the CEO role, Usi will lead the exchange in expanding its offerings and operational reforms. Over the past year, MEXC tested a zero-fee trading model, which removes the small charges users normally pay when buying or selling digital assets.
According to the announcement, this system has returned more than $1 billion to users, making trading more accessible, especially for everyday traders who face high costs and complex platforms.
In addition to zero-fee trading, MEXC said it has strengthened its risk control systems and transparency in order to allow users to better understand how the platform works and ensure that funds are protected as the exchange grows.
The platform also plans to expand beyond cryptocurrency by integrating MT5-based assets, allowing users to trade stocks, currencies, and other financial products in one place. It has also launched a prediction market, enabling users to trade on outcomes of real-world events like politics, sport, and economics.
In short, Vugar Usi is expected to lead MEXC in expanding both cryptocurrency and prediction-based trading and making the platform a single place for trading, forecasting, and managing risk, all without fees.
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