MEXC appoints former Bitget COO as new chief operating officer

Global cryptocurrency exchange MEXC announced it has hired Vugar Usi Zade, the former Chief Operating Officer (COO) of Bitget, as its new COO. Zade previously worked at Meta (formerly Facebook) and Bain & Company before his tenure at Bitget, where he is credited with playing a key role in the exchange's growth to become the fourth-largest globally. In his new role, Zade will oversee strategic market expansion into areas such as Eastern Europe and Latin America, while also strengthening MEXC's global regulatory and compliance framework. Zade stated that MEXC is an exchange with potential for continuous innovation and growth, adding that he aims to set new standards and enhance overall reliability through a regulation-friendly approach.