Crypto Guide – Use Cases of MX Tokens in 2024

MX tokens continue to play a major part in MEXC’s ecosystem in 2024. It provides a lot of benefits to users trading on MEXC. It is also bringing unparalleled incentives to all MX token holders in MEXC. So, let us explore the use cases of MX tokens in 2024 and how they will elevate the trading experience in MEXC.

Up to 50% Trading Fee Discounts When You Hold MX Tokens

One of the primary use cases of MX Tokens in 2024 is the substantial trading fee discounts they offer to holders. As the cryptocurrency market continues to expand, trading fees can become a significant factor for users. Holding MX Tokens provides traders with an opportunity to enjoy sizable discounts on transaction fees, contributing to cost savings and increased profitability.

The mechanism is simple. The more MX Tokens you hold, the greater the discount you receive on your trading fees! Here is how it works:

Spot Trading:

With MX deduction, you will use MX tokens as the substitute for your trading fees. In return, you will get to enjoy a 20% discount on trading fees!

Maker Fee: 0.1% (0.08% with 20% discount from MX Deduction)

Taker Fee: 0.1% (0.08% with 20% discount from MX Deduction)

Futures Trading:

If you hold more than 1,000 MX tokens, you will receive a 50% discount on all future trading fees! Below are the rates after discounts:

Maker Fee: 0.01% (0.005% with 50% Trading Fee Deduction activated)

Taker Fee: 0.050% (0.025% with 50% Trading Fee Deduction activated)

Furthermore, you will still receive a minor discount if you lack MX tokens. Enjoy 10% off trading fees when you transfer MX into your futures account and offset USDT-margined futures trading fees with MX.

Receive 50+ Airdrops While Holding MX Tokens

Airdrops have become a popular method for crypto projects to distribute tokens to a wider audience. MX Token holders are in for a treat, as they become eligible to receive diverse airdrops. These airdrops can include new and promising tokens, providing holders with exposure to different projects and potential investment opportunities.

By holding a minimum of 1,000 MX tokens for 30 consecutive days in your spot wallet, you can participate in both MEXC Launchpad and MEXC Kickstarter to earn more than 50+ airdrops weekly! There are already more than 1,000 free airdrops for all participants in 2023. Therefore, get ready for more in 2024!

How to buy MX Token (MX)

1. Visit and log in to the official MEXC website, hover the cursor over [Spot] at the top of the page, and select [Spot].
2. Type “MX” into the search bar on the right, and find the MX/USDT trading pair.
3. Below the K-line chart, enter the amount and the price at which you want to buy MX.
4. 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.

Here is a simple guide to Join MEXC Launchpad and Kickstarter

1. Purchase and hold MX Tokens in your spot wallet (Buy now!)
2. Hold at least 1,000 MX Tokens in your spot wallet for 30 consecutive days.
3. Once 30 days have passed, you can commit the MX Tokens to a Non-lockup Event.
4. Click on the Quick Commit Button to join all events simultaneously.
5. After the event ends, the system will first divide the total prize pool.
6. Then, it will distribute the airdrops based on the user’s proportion of valid commitment.
7. The more MX Tokens you commit, the more airdrops you receive!
8. After the airdrop reward distribution, head on to the (Reward History Page) to learn of the airdrop details!

Quite a simple process right? What are you waiting for? Join now at MX Zone!