In the world of cryptocurrencies, tales of getting rich overnight are endless, attracting countless newbies to enter with dreams. However, beneath the surface that seems to be full of gold, there are actually hidden dangers. The tragedies caused by operational errors and platform chaos constantly warn those who come after.

I. The Unbearable Risks for Newbies: “Minefields” in Cryptocurrency Investment

(I) Operational Errors, Funds Vanish in an Instant

Many newbies who are new to the cryptocurrency market have a poor understanding of trading rules and operating procedures, and rush to place orders with just enthusiasm. There was once a new investor who wanted to set a limit price to buy Bitcoin, but due to unfamiliarity with the trading interface, mistakenly set the limit price as the market price. When the market price fluctuated sharply, they bought at a high price in an instant, resulting in a huge loss of principal. Some newbies, when engaging in leveraged trading, have no idea about the risks of leverage multiples, blindly increasing leverage. Once the market moves in the opposite direction, not only will their principal be lost, but they will also owe money to the platform, and bankruptcy can happen in a flash. According to relevant statistics, 30% of newbies in cryptocurrency trading suffer losses due to operational errors, and their funds often vanish in just a few minutes.

(II) Exchanges Run Away, Wealth Turns to Nothing

In recent years, incidents of cryptocurrency exchanges running away have occurred frequently, causing heavy losses to investors. In 2021, Thodex, Turkey’s largest virtual currency trading platform, suddenly stopped all trading services and withdrawals. Founder Faruk Fatih Ozer fled Turkey with virtual currencies worth 2 billion US dollars (about 13.8 billion yuan), leaving about 391,000 customers with nothing. In 2020, Zhang Jian, the founder of the digital currency exchange FCoin, announced that the capital reserves could not meet users’ withdrawals, involving an amount of about 68.5 million to 127 million US dollars, and many investors’ savings were lost. These cases of exchanges running away not only make investors’ savings disappear overnight but also deal a heavy blow to the trust system of the entire cryptocurrency market.

(III) Violent Market Fluctuations, Investments Lost Completely

The price fluctuations in the cryptocurrency market are like a roller coaster, with no rules to follow. Bitcoin hit a record high of $64,000 in April 2021, then plummeted to below $30,000 in May, a drop of more than 50% in just one month. Other mainstream cryptocurrencies such as Ethereum also have amazing price fluctuations. Many new investors follow the trend to buy at high prices, expecting to make a big profit. However, the market takes a sharp turn for the worse, and they can’t bear the huge psychological pressure, so they reluctantly sell at low prices, eventually losing all their investments. In this market, the growth and shrinkage of wealth often happen in an instant, and investors can be swallowed up by the ruthless market tide if they are a little careless.

II. When the Market Booms, MEX Builds a “Safety Fortress” for Newbies

When the cryptocurrency market starts to boom and fluctuations intensify, new investors often panic and don’t know how to deal with it. MEX platform provides all-round protection for newbies from multiple dimensions, allowing them to trade with peace of mind in the complex market environment. MEX is a centralized cryptocurrency exchange, founded in 2025 by the former leading trading platform technical team and compliance experts. It is characterized by asset diversity, rapid listing capabilities, and expanding global influence. It is committed to serving retail and institutional traders, and providing efficient token issuance channels for cryptocurrency projects. It always adheres to the core principle of “customer first, service first” and focuses on customer service and innovation. As of May 2025, MEX has 250,000 users worldwide, with an average daily trading volume of 5 million US dollars, supporting more than 10 languages and 50 trading pairs, and occupies a certain position in the global cryptocurrency trading market.

(I) Top — notch Security, Assets as Stable as a Mountain

MEX has made remarkable progress in compliance, having obtained licenses in many places such as Dubai VARA and Seychelles FSA, and is applying for a number of important licenses. Strict regulatory compliance ensures the legal and transparent operation of the platform. The platform adopts open — source smart contract management and control technology, and every transaction is clearly recorded and cannot be tampered with, ensuring transparent and safe transactions; the automatic and rapid audit mechanism can timely detect and prevent abnormal trading behaviors, preventing the risk of hacker attacks and fund theft. On the MEX platform, newbies don’t need to worry about the platform suddenly running away or asset security issues. Funds are stored reliably, withdrawals are received in seconds, and capital flow is smooth.

(II) Practical Trading Tools, Risks Easily Controlled

● Smart Take — Profit and Stop — Loss: In spot trading, the MEX platform supports the “price reminder + automatic take — profit and stop — loss linkage” function. New investors only need to set the target price and stop — loss point in advance. For example, after buying a certain cryptocurrency, set it to automatically sell when the price rises by 10% to lock in profits, and automatically close the position when it falls by 5% to control losses. In this way, even if investors can’t keep an eye on the market all the time, they can effectively avoid huge losses caused by sudden market fluctuations and easily control investment risks.

● Leveraged ETFs, a Newbie — Friendly Leveraged Experience: For newbies who want to try leveraged trading, directly participating in high — leverage contract trading is extremely risky. MEX’s leveraged ETF products support high multiples of long and short positions, and the platform has a perfect risk control mechanism built — in, which will dynamically adjust the leverage multiple according to market fluctuations, avoiding investors from suffering extreme losses due to improper use of leverage. Compared with directly engaging in high — leverage contracts, it is more suitable for newbies to practice.

(III) Ultra — low Transaction Costs, More Advantages in Investment

Transaction costs are an important factor affecting investment returns. MEX has prepared generous handling fee reduction benefits for newbies. Ordinary users only need to pay a 0.08% fee for spot trading on the MEX platform, which is much lower than the industry average of 0.1%. If newbies hold a certain amount of platform token MEXT, they can enjoy additional discounts. Lower transaction costs mean that newbies have more room for trial and error in the investment process. Even if they trade frequently during market fluctuations, they don’t have to worry about excessive handling fees eroding profits, and investment decisions are more relaxed and free.

(IV) Professional Customer Service Support, 7×24 — hour Intimate Companion

Facing the complex and changeable cryptocurrency market, new investors will inevitably encounter various problems in the trading process. The customer service team of MEX platform is composed of a group of experienced professionals, providing 7×24 — hour online service for users and supporting communication in more than 10 languages. Whether it’s unfamiliarity with trading operations, incomprehension of rules and terms, or encountering emergencies, new investors can contact customer service personnel at any time to get timely and accurate answers and help. On MEX, newbies won’t be confused because they “can’t understand or ask”, and the professional customer service team is like a personal consultant, accompanying new investors to grow all the way.

(V) Rich Learning Resources, More Reliable to Learn While Investing

Investment is a realization of cognition, especially in the field of cryptocurrencies. MEX platform provides new investors with rich educational courses, with tutors with more than 10 years of experience explaining market dynamics, trading skills, risk prevention and other knowledge. Newbies can start from the most basic cryptocurrency concepts, gradually understand the market operation rules, and master practical trading strategies, such as learning how to analyze market trends, identify trading signals, and reasonably allocate assets. Through learning, newbies can be more rational and cautious in the investment process, avoid blind follow — the — trend trading, and truly learn while investing, constantly improving their investment ability in practice.

III. How to Layout in the Future to Become a Trusted Choice for Newbies

In short, there are hidden risks in the cryptocurrency market. Hidden dangers such as operational errors, exchange operation crises, and violent price fluctuations may cause heavy losses to newbies. As a platform jointly founded by the former top trading platform technical team and compliance experts, MEX has laid a reliable foundation with its solid team strength. It has built a solid “safety fortress” for newbies through top — level security protection systems, practical risk control tools, highly competitive transaction costs, 7×24 — hour multi — language customer service support, and rich investor education resources.

Looking forward to the future, MEX will continue to forge ahead. In terms of compliance expansion, it will actively engage in the journey of obtaining more authoritative licenses, planning to add at least 5 important regional licenses in the next two years, such as entering key markets such as Singapore and the United States, further expanding the compliance territory, and safeguarding for users in more regions to participate in cryptocurrency trading legally and safely.

In terms of products and cooperation, MEX will deepen cooperation with high — quality projects, continuously enrich the types of trading products at a pace of introducing at least 3 innovative projects every month. It will not only strengthen support for emerging blockchain projects, providing them with all — round services such as listing and market promotion, but also plan to launch more innovative financial derivatives, such as cryptocurrency trading products combined with cutting — edge fields such as artificial intelligence and the Internet of Things, to meet users’ diversified investment needs.

In terms of community construction, MEX is determined to cultivate local communities, planning to establish more than 20 regional community centers around the world. Through regularly holding online and offline activities such as cryptocurrency knowledge lectures, trading strategy sharing sessions, and project roadshows, it will enhance communication and interaction among community members, support community growth, and form an active and loyal user community.

In terms of brand promotion and trust building, MEX will build a comprehensive marketing matrix, integrating multiple channels such as social media, industry media, and offline activities for all — round brand communication. At the same time, it will establish in — depth cooperative relations with world — renowned cryptocurrency KOLs, and use their influence and professional insights to enhance the platform’s popularity and credibility in the industry. In addition, MEX will actively participate in world — class cryptocurrency conferences, such as the annual Consensus Conference and TOKEN2049, to display the platform’s innovative achievements and development concepts, communicate and cooperate with global industry elites, and continuously enhance its influence in the international market. Through these measures, MEX is expected to stand out in the fierce competition of the future cryptocurrency market and continue to provide more excellent, safe and rich trading services for newbies and global investors.