Bitcoin halving is less than a month away. The market might once again become super bullish. Therefore, you must trade in the best condition. Thankfully, MEXC and MX Tokens are here to help you gain an advantage in the trading market! Let us find out why you should hold MX tokens for the upcoming Bitcoin halving.
What is Bitcoin Halving?
Bitcoin Halving refers to a pivotal event occurring approximately every 210,000 blocks, equivalent to around four years, within the Bitcoin network. This event, aptly named “halving,” precisely reduces the reward allocated to Bitcoin miners for their role in processing transactions. Consequently, halving leads to a decrease in the rate at which new bitcoins are introduced into circulation.
The first Bitcoin halving occurred on November 28, 2012, resulting in a reduction of the reward to 25 bitcoins. Subsequently, the next halving event transpired on July 9, 2016, bringing the reward down to 12.5 bitcoins. Most recently, on May 11, 2020, another halving took place, resulting in a reward of 6.25 bitcoins. Now, Bitcoin halving is tentatively set for mid-April 2024.
Why Should You Hold MX Tokens For Bitcoin Halving?
There are 2 great reasons for holding MX tokens.
Reason number 1 – Huge Growth Potential
For starters, Bitcoin halving has always been associated with a bull run. Meaning, the market might once again grow favorably with a lot of tokens reaching a new all time-high. MX tokens are no exception. In the previous week, MX tokens continue to set a record for all-time highs, reaching $4.46. In a short 2 weeks, we witnessed a growth of 49%, from $3.00 to $4.46. Furthermore, the MX token is a very young coin with huge growth potential. Therefore, when Bitcoin halving begins, MX tokens might be in the front seat of yet another all-time high!
Reason number 2 – Holding MX Tokens Gives You A Great Advantage When Trading at MEXC
MX Token is the native token of MEXC. It is also the key to unlocking great benefits, discounts, and free airdrops. When you hold MX tokens for 15 or more consecutive days, the advantages will start to stack up. You will receive huge discounts on spot and futures trading fees. You will also receive a heap of free airdrops every day as well as a bonus from referrals!
In-Depth Benefits of Holding MX Tokens on MEXC
Up to 100% Discount on Trading Fees
By holding a minimum of 1,000 MX tokens, traders can enjoy a 100% discount on spot trading fees and a 50% discount on futures trading fees! Following these discounts, spot traders will enjoy a remarkable 0.0% fee for both taker and maker trades. Meanwhile, futures traders will relish a 0.0% fee on maker transactions and only a minimal 0.01% fee on taker transactions!
Moreover, MX token holders with fewer than 1,000 tokens are still entitled to a 20% discount on spot trading fees through MX Deduction. This equates to a reduced fee rate of 0.08% for both makers and takers when utilizing MX Deduction. Additionally, MX Deduction offers a 10% discount for futures trading. For further details, explore MEXC Fees!
200+ Free Airdrops Every Month
MEXC maintains its position as the premier platform for free airdrops, offering participants access to up to 200 free airdrops each month! As the value of MX tokens continues to show stable growth, MEXC organized 201 free airdrop events in January and 199 in February, boasting a combined prize pool of $23 million USD. This translates to over 40 airdrops available weekly with just a simple click, all at absolutely no cost! Furthermore, we are now concluding more than 70 free airdrops weekly, pumping the numbers higher than ever! Don’t miss out – join us today!
Up to 70% Commission From Every Trade Your Friend Made
If you refer your friends to MEXC while holding MX tokens, a great reward awaits you. For every trade that your friends make, you can earn up to 70% on trading fees! If he closes a trade with 100 USDT as fees, you take 70 USDT, as simple as that! Furthermore, it applies to both spot and futures trading, as well as every single trade that they make! Why say no to free money, right? Learn more about it at MEXC Commission Fee now!
How to buy MX Token (MX)
- Visit and log in to the official MEXC website, hover the cursor over [Spot] at the top of the page, and select [Spot].
- Type “MX” into the search bar on the right, and find the MX/USDT trading pair.
- Below the K-line chart, enter the amount and the price you want to buy MX.
- Click on [Buy MX] to complete the purchase and wait for the order to be executed on the market.
You can find a detailed guide on how to buy MX tokens here.
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