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Will MEXC become insolvent by July 3?

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Will MEXC become insolvent by July 3?

0% chance
Polymarket

$39,194 Vol.

0% chance
Polymarket

$39,194 Vol.

This market will resolve to "Yes" if official information released by MEXC (https://www.mexc.com/), official representatives of MEXC (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces by July 3, 2023, 11:59:59 PM ET that MEXC is insolvent or is filing/has filed for any variety of bankruptcy. This market will also resolve to "Yes" if MEXC withdrawals for BTC and/or ETH are suspended for a majority of users for at least 3 full days (72 hours) in a row by July 3, 2023, 11:59:59 PM ET. The primary resolution source for this settlement criterion will be official information released by MEXC, official representatives of MEXC (e.g. lawyers, spokespeople, etc.), and a consensus of credible reporting. If neither of the above criteria are met, this market will resolve to "No". MEXC withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their BTC and/or ETH from MEXC (E.g. If a majority of users are unable to withdraw their ETH from MEXC, it will satisfy the condition.) If MEXC suspends withdrawals on a date which would cause the 3 day countdown to overlap with this market's expiration date (e.g. They halt token withdrawals on July 2, 2023, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 3 full days (72 hours) pass, resulting in a "No" resolution; 2) 3 full days pass (July 2 - July 5, 2023, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.

This market will resolve to "Yes" if official information released by MEXC (https://www.mexc.com/), official representatives of MEXC (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces by July 3, 2023, 11:59:59 PM ET that MEXC is insolvent or is filing/has filed for any variety of bankruptcy. This market will also resolve to "Yes" if MEXC withdrawals for BTC and/or ETH are suspended for a majority of users for at least 3 full days (72 hours) in a row by July 3, 2023, 11:59:59 PM ET. The primary resolution source for this settlement criterion will be official information released by MEXC, official representatives of MEXC (e.g. lawyers, spokespeople, etc.), and a consensus of credible reporting. If neither of the above criteria are met, this market will resolve to "No". MEXC withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their BTC and/or ETH from MEXC (E.g. If a majority of users are unable to withdraw their ETH from MEXC, it will satisfy the condition.) If MEXC suspends withdrawals on a date which would cause the 3 day countdown to overlap with this market's expiration date (e.g. They halt token withdrawals on July 2, 2023, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 3 full days (72 hours) pass, resulting in a "No" resolution; 2) 3 full days pass (July 2 - July 5, 2023, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.

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Frequently Asked Questions

"Will MEXC become insolvent by July 3?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 0% for "Yes." For example, if "Yes" is priced at 0¢, the market collectively assigns a 0% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Will MEXC become insolvent by July 3?" has generated $39.2K in total trading volume since the market launched on Jun 26, 2023. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Will MEXC become insolvent by July 3?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Will MEXC become insolvent by July 3?" is 0% for "Yes." This means the Polymarket crowd currently believes there is a 0% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Will MEXC become insolvent by July 3?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.