mt logoMyToken
Market cap:
0%
FGI:
0%
Cryptocurrencies:--
Exchanges --
ETH Gas:--
EN
USD
APP
Ap Store QR Code

Scan Download

MX Token
#135
$3.1581-0.59%
$3.1581฿0.00005195
Today
Low:$3.2178
High:$3.3348
Yesterday
Low:$3.0331
High:$3.2033

Market information

Market Cap $308,546,525.26
Global Volume(24H)$32,271,127.2
All-Time Low$0.00139749
All-Time High$5.8554
Initial Price$0.0092
ROI
34227.46%
Circulating Supply 97,699,334 MX
Circulation Percentage 23.0281%
Max Supply 1,000,000,000 MX
Total Supply 424,261,834 MX

Price history

Information

Converter

MX

Project Introduction

On June 10, 2021, Matcha Exchange officially changed its name from MXC to MEXC Global. MX is a fully issued flat Taiwan dollar by MEXC Exchanges. MX was originally issued as a platform token based on ethereum ERC-20 protocol. The future development is bound to be transferred to the self-developed public chain. The total number of MX issued is constant at 1 billion and will never be increased.

Project Vision

A recent internal letter from the founder of MX-Matcha describes the company's vision and culture: to be a respected company.

Market Demand

In the digital currency world, exchanges are the traffic centers for the entire industry, and most transactions are done on exchange platforms. Exchanges are at the top of the digital currency ecosystem, and the Taiwan dollar's value is supported by exchanges.

Solution

In the digital currency world, exchanges are the traffic centers for the entire industry, and most transactions are done on exchange platforms. Exchanges are at the top of the digital currency ecosystem, and the Taiwan dollar's value is supported by exchanges. MX Token (MX) is a decentralized digital asset developed by MEXC platform based on Ethereum. MXC Matcha uses MX Token as value Token to gradually improve ecological content and provide users with safe and stable trading experience. In MEXC Ecosystem, MXToken holders can enjoy MX token appreciation, asset appreciation, platform revenue rebate, supervision, voting and other rights and interests.

Project Implementation Mechanism

MX Tokens as with other head exchanges, MEXC Matcha circulates NT dollars to offset commissions, reduces the supply of NT dollars by repurchasing MX tokens with platform revenues, and reenables MX tokens through repo destruction. Starting from July 1, 2019, MEXC Matcha will use 100% of the profit from the transaction commission on MEXC platform to buy back and destroy MX tokens. The destruction will be carried out monthly and the destruction notice will be published on the official website. Each destruction will be open and transparent until 100 million MX tokens remain. Even in cases where it is possible to destroy MX tokens to empower them, MEXC matcha officials will open the community to vote on whether to destroy them, and MX Token holders have absolute autonomy.

Token Usage Scenarios

1. Transaction commission of deductible currency; 2. Holding MX position can get m-day Token bonus, and get Token at discount price; 3. Holders of MX can be eligible for SpaceM lottery to obtain tokens at a discounted price; 4. Participate in the project renewal vote in the assessment area and share the project fee award; 5. Participated in the MACHINE gun pool of MX DeFi head mine, and obtained the bonus of PoS mining revenue of popular projects; 6. MX can be used to pay taxi fare in Singapore airport or dozens of merchants such as Bar on the top floor of local Sands Hotel also support MX payment; 7. Participate in mortgage lending, liquidity mining and other scenarios on BSC, Hec and other chains, such as pledging BAKE to participate in liquidity mining, you can get MX rewards.

Characteristic

In MEXC ecology, MX holders can enjoy MX token appreciation, asset appreciation, platform income rebate, supervision, voting and other rights and interests. MEXC awards 51% of MX tokens to users who contribute to system liquidity through "transaction mining, Cash Holding rebate". The platform rewards MEXC community users through mining incentives, and benefits MEXC community by holding MXS. MEXC integrates global top industry resources and is committed to creating a full circulation platform for digital assets. Supported by experienced industry experience, MEXC provides project parties and investors with one-stop services such as token issuance, transaction and depository, enabling efficient and safe circulation of digital assets within the platform. 2. Super Node The establishment of the Super Node program aims to empower project parties, achieve mutual benefit and build a global ecology through the professional, authoritative and resource advantages of the Super Node institution and MEXC Exchange. For projects currently in the early stage of blockchain, Super Node provides a new way of currency and cooperation. Based on MEXC's huge community of users and development prospects, as well as the resources and energy of super node, it promotes project development and brings positive breakthroughs to the industry. For super nodes, high-quality institutions or enterprises in the global blockchain industry can participate, and successful nodes will enjoy a number of benefits. But not only that, super nodes also assume multiple roles such as project participants and cognitive builders to jointly provide users with the best project investment choices.

Release Mechanism

Total tokens: 1,000,000,000 Tokens Distribution: 1. Team: 45%; 2. Ecological Fund: 25%; 3

Project Highlights

1. Mx-coin holders can participate in commission dividends, community decision-making, transaction and investment, enjoy asset appreciation and other rights and interests. 2. MX has adopted a buyback destruction mechanism. 3. On June 30, 2018, the MXC trading platform will launch the "trading mining mode" online, and 100% of the commission fee of each transaction will be returned to users in real time with equivalent MX. 4. Users will get it through the transaction as mining mode, and it will be issued every 24 hours.

Incentive Mechanism

MEXC awards 51% of MX tokens to users who contribute to system liquidity through "transaction mining, Cash Holding rebate". The platform rewards MEXC community users through mining incentives, and benefits MEXC community by holding MXS.

Points

As flat Taiwan MX, in the market is also skyrocketed hundreds of times, so that many believe that investors also earned a bucket of gold, and MX, also used the destruction of the buyback mechanism, to a large extent, MX or has a certain value.

Market Commentary

MX currency has increased 400 times in the market last year, which is still attached to the enthusiasm of community building by various means such as vigorous marketing on the market and forced currency listing by the exchange. Recently, Matcha Exchange has obtained a license in the United States, which is undoubtedly beneficial to the development of the platform in the later stage. In a word, MX has its own core competitiveness in the market, and the overall operation is good.

KOL

At present, the trend of MX Token is relatively stable. After the recent announcement of several new projects going online, MX Token went up slightly. With the development of MEXC matcha, MX Token is steadily empowered and is expected to exceed BNB and other NT dollars. The robust MEXC Matcha is a clear contender for the New Big Exchange.

Project Risk

MX as a flat Taiwan dollar, its growth is closely related to the platform. 1. The establishment time of the exchange is short, and the security needs time to continue to verify. Did not experience the baptism of bear market, established time is short, still need time to polish. 2. Although it was a popular exchange last year, its durability remains to be investigated. In the future, if the exchange is not popular, MX's benefits will also shrink significantly.

Values

MEXC matcha has obtained Estonian MTR license, American MSB license, Australian AUSTRAC license, Canadian compliance operation license and Singapore compliance operation license since MEXC matcha has been online for two years. MEXC Matcha has been ahead of other exchanges on the road to legal compliance and is currently the exchange with the most legal licenses of all exchanges. In addition, MEXC matcha is also fully blooming in contracts, leverage and ETF business. Top safety protection ability, excellent product innovation ability, millions of matching trading technology ability, so that users in the sense of experience and financial security to obtain a great guarantee.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1MEXC1MEXCMX/USDT
3.1586
-0.56%$31,222,321.3248.3808%2024-10-04 01:23:45
2MEXC2MEXCMX/USDC
3.1613
-0.83%$69,573.350.1078%2024-10-04 01:21:20
3Bitget3BitgetMX/USDT
3.1552
-1.18%$29,434.030.0456%2024-10-04 01:23:43
4MEXC4MEXCMX/ETH
0.00134238
0.29%$22,178.760.0344%2024-10-04 01:25:24
5MEXC5MEXCMX/BTC
0.00005196
-0.46%$5,241.90.0081%2024-10-04 01:23:38
6HTX6HTXMX/USDT
3.1452
-1.24%$914,700.51.4174%2024-10-04 01:25:06

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
BitgetBitget$29,434.030.0912%Visit
MEXCMEXC$31,319,315.3497.0737%Visit
HTXHTX$914,700.52.8351%Visit