MEXC, a cryptocurrency exchange serving over 40 million users, has introduced Up or Down, a short-cycle prediction feature designed to allow traders to speculate on asset price movements without executing traditional trades. The launch, announced July 24, 2026, coincides with a $1 million prize pool campaign running through August 9, 2026.
- Prediction Cycles: 5-minute and 15-minute options with 24/7 availability
- Initial Assets Supported: Bitcoin (BTC), with Ethereum, SPCX, and gold (XAU) planned
- Settlement Methodology: Composite Real-Time Index combined with Time-Weighted Average Price
- Campaign Period: July 24 – August 9, 2026
- Maximum Milestone Reward: 2,000 USDT per user
The Up or Down feature enables users to predict whether an asset’s price will rise or fall within a specified timeframe, with events launching and settling automatically. MEXC has structured the accompanying Up/Down Prediction Fiesta campaign with multiple reward tiers to encourage participation. New users who execute a single trade of at least 30 USDT qualify for trial fund rewards, while traders meeting daily volume requirements can earn fixed rewards subject to daily quotas. Users ranking in the top five by positive returns during short-cycle crypto events receive trial fund vouchers, and cumulative trading volume achievements unlock milestone bonuses up to 2,000 USDT.
The prediction market feature addresses demand for alternative trading mechanisms in cryptocurrency markets. By utilizing a Composite Real-Time Index and Time-Weighted Average Price methodology for settlement, MEXC aims to ensure pricing transparency across prediction events. The staggered rollout of additional assets and continuous event cycles position the feature as a 24/7 engagement tool within the platform’s broader ecosystem.
MEXC operates as a cryptocurrency exchange offering zero-fee trading across more than 3,000 digital assets, including tokenized stocks, ETFs, commodities, and precious metals, serving users across 170 markets.
