MEXC, one of the world’s top exchanges, has its own token. Unique Tokens Many people don’t know about MX Tokens. What is MX in the first place? I put it together as an article.
MEXC Global What is MX?
MX is a unique token developed by MEXC, a virtual currency exchange. MEXC was founded in Singapore in 2018 and currently operates in 200 countries around the world, with over 7 million users conducting transactions. It is now known as one of the top virtual currency exchanges in the world. It has the following characteristics: Cryptocurrency projects operate on other exchanges, but some tokens have communities and some coins have generated profits of over $100 million.
| Currency | MX Token |
| Symbol | MX |
| Value | 1MX=121yen |
| Crypto Exchange | MEXC Global |
| URL | Home Page |
native token
To get more details about MX, MEXC partnered with Ethereum and later developed it as a base. MX is a native token. A native token is a token created for the purpose of being used on a specific blockchain such as MEXC. It is stable, safe, and has little risk, so many people trade MX in spot and futures transactions. It is easy to acquire it, so at the very least, check out our guide page from the home page now.
available as a commission
MX is in demand in business and can be used as a fee within MEXC. That’s not all. It is now possible to pay at a discounted price. If you pay transaction fees with MX tokens, you will receive a 20% discount on transaction fees, so you can get a lot of benefits when investing. It has become a popular brand.
Events at MEXC
If you hold MX tokens, you can use and apply for various MEXC services and programs. Mainly with Launchpad, etc., you can purchase currencies that have the potential to increase several times or even hundreds of times before being listed. In addition to this, you can participate in limited-time governance votes such as Kickstarter 24 hours a day. There are many people who click, deposit, and purchase with the aim of earning rewards and funds.
Split purchase of NFT
MEXC buys NFTs and holds them separately. If you own MX, you can buy NFTs. NFT is a field that will grow rapidly in the future, so it is attracting a lot of attention with collaborations and news in the industry and media. If you don’t know about NFT, please ask customer service or support center. They will provide you with various advice and investment suggestions.
MEXC Global The Future and Future of MX
MX is MEXC’s unique token, but what will the future hold? There are many successful coins such as BTC, ETH, and USDT, but what about MX? With launchpad, perks, high market cap, and up-to-date supply, MX has an opportunity.
A system that burns and stabilizes the price
It is believed that there is little fear that MX will crash in the future. This is because the X token adopts a system that stabilizes the price by burning once every three months. Burn is a system that permanently disables issued currency and increases the value of currency in circulation. This has the effect of suppressing the amount of traffic。
Market is on the rise
The trend of recovery in the virtual currency market itself from around 2023 is also affecting, but it is calming down. The downward trend continues after peaking in 2022, but I have the impression that it has bottomed out.
Awarded the title of virtual currency exchange
In 2021, MEXC won the title of Cryptocurrency Exchange at Crypto Expo Dubai 2021. Crypto Expo Dubai is the largest cryptocurrency event in Dubai, where many cryptocurrency companies and investors gather, and the exchange that has grown rapidly over the past few years has been evaluated. The fact that the exchange has been evaluated means that the value of its own token will increase.
Futures trading volume increased by 1,200% year-on-year
The trading volume of MEXC has increased dramatically year by year. In 2022, MEXC announced a high growth rate of 1200% year-on-year average trading volume of futures trading. You can see that it is growing rapidly. Along with this, the number of registered users is also rapidly increasing.
MEXC Global How to buy MX
To purchase MX, you first need to register for a MEXC account. Please refer to the article below.
After logging in, select “Spot trading” from “Trading”
Switch charts with “MX/ETH” from the search bar on the right. After that, you can purchase from the order bar below. Enter the price of 1MX you want to purchase in ETH, enter the amount of MX tokens you want to purchase, and tap “Buy MX” to complete the order
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