Four Functions of MX Token You Probably Didn’t Know

 

The crypto market is heading towards a new dawn. For the first time in almost a year, the fear and greed index is finally moving towards greed. Furthermore, many new and interesting protocols are taking up the market. Although we had to stomach a bunch of negative news in 2022, this year is definitely heading in for the better. As we are looking for new tokens to invest in, how well do you know about MEXC Global and our very own MX Token?

In this article, we will explore the history of MEXC Global, what is MX Token, and the functions of the token. Essential information for our token is available on the MEXC Digital asset introduction page. Furthermore, (MX/USDT – Trade it here) on our Main Market! Check it out now!

The History of MEXC Global

MEXC, a leading one-stop crypto shop and rapidly growing exchange, was founded in April 2018. They provide a range of services for their valued users, including futures, spot, ETF, and NFT Index trades, staking, and MX DeFi. Now, MEXC is serving more than 10 million users worldwide. They are also constantly improving and evolving, bringing the best an exchange can offer!

What is MX Token?

MX Token (MX) is a decentralized digital asset developed by the MEXC platform on the Ethereum blockchain. As the native token of MEXC, the MX ecosystem is continuously evolving, providing users and builders with more capabilities. The main objective of MX Token is to provide a secure and stable trading experience and become a leading industry player. MX is also the proof of MEXC community’s rights. Holders are able to vote on business decisions, team elections, and receive priority participation in activities.

Additionally, MX holders can enjoy various benefits at MEXC. There are rewards for holding MX, subscription discounts, and free airdrops for voting on new listings. MX tokens also have practical applications, such as a 20% transaction fee deduction on the trading platform. Furthermore, the MX ecosystem is undergoing an amazing upgrade. It would be a shame not to check it out and see what they have to offer!

Functions of MX Tokens

MX tokens are a representation of the exchange. However, it does have its fair share of functions and use cases. Most important of all, it has a ton of benefits relating to all the functions. Here are a few use cases of MX tokens:

1. Trading Fees Deduction

What better joy than finding discounts on every corner and every trade? MX token holders can turn on the MX fee deduction function. This fee deduction will allow users to enjoy a 10% discount for trading contracts. Furthermore, there is a 20% discount on spot trading fees! Learn more now at our MX Zone!

2. MEXC Launchpad

MEXC launchpad is a place of joy and excitement. It is an exclusive section catered to MX holders. In the launchpad, token holders stand a chance to receive LaunchPad’s high-quality initial project airdrops! MEXC is no stranger to interesting project listings. All you have to do is to hold your MX tokens for a certain amount of time and the airdrop for new tokens is yours! Participate now!

3. MEXC Kickstarter Campaign

As an MX token holder, you will be able to vote and support projects that you like. After the voting session ends, users will receive an airdrop according to the amount available on the reward pool. What are you waiting for? Start voting now on our Kickstarter Campaign with MX tokens and earn amazing rewards!

4. Increase Commission Ratio With MX Tokens

Where is the fun in trading if you are not trading with friends? With MX tokens, you can now hold MX and invite friends for a higher rebate ratio. We are taking the more the merrier idiom to a whole new level. This feature will be available very soon. In the meantime, stay tuned and check out MX Zone for our new updates!

Where to buy MX Token

You can definitely find MX Token here at MEXC Global! We are listing MX/USDT in our main Market!

How to buy MX Tokens

You can buy MX Tokens on MEXC. Just log in to your MEXC account and search for “MX” using the search bar.

In conclusion, MX Token is a hidden gem hiding in plain sight. The value is ever-growing and the utility is ever-compelling. Just between you and me, there are rumors regarding a huge MX ecosystem overhaul. After the upgrade, there will be even more features! There might even be events and games with rewards up for grabs! Therefore, hurry up and hold some MX tokens. Do not miss out on what MEXC has to offer!