Cryptocurrency trading can be a thrilling yet complex endeavor. Therefore, MEXC offers a unique way to enhance your crypto experience through its native utility token, MX Token. Let’s find out!
What is MX Token?
MX Token (MX) is the native token of the MEXC platform. The primary goal of MX Token is to ensure a secure and steady trading experience, aiming to establish itself as a prominent player in the industry. MX also serves as proof of the MEXC community’s rights, empowering holders to participate in decision-making processes, team elections, and gain priority access to various activities.
Moreover, MX holders receive exclusive perks within the MEXC platform. This includes rewards for holding MX, referral commission bonuses, and the chance to partake in airdrops by voting on new listings. MX tokens offer practical utility, featuring a 50% transaction fee reduction on the trading platform. Additionally, the MX ecosystem is constantly upgrading, making it highly worthwhile to explore and discover the array of offerings it brings to the table!
Enjoy 50% Trading Fee Discounts Holding MX Tokens
One of the significant advantages of holding MX Tokens on MEXC is the substantial reduction in trading fees. Users who maintain 1,000 MX Tokens in their accounts for 15 days benefit from a 50% discount on trading fees. After the discount, users can enjoy:
Spot Trading Fees –
Maker: 0.100% 0.050%
Taker: 0.100% 0.050%
Futures Trading Fees –
Maker: 0.010% 0.005%
Taker: 0.050% 0.025%
Reduced trading fees not only contribute to cost savings but also make frequent trading more accessible for users, encouraging active participation in the crypto markets. This feature makes MX Token a valuable asset for those seeking to optimize their trading strategies and portfolio management. Learn more about MEXC’s Trading Fees now!
Receive Daily Airdrops on MEXC Launchpad and Kickstarter
MEXC goes the extra mile to reward its MX Token holders by offering daily airdrops on its Launchpad and Kickstarter platforms. By simply holding 1,000 or more MX Tokens in their spot wallet for 30 days, users become eligible for these daily airdrops.
Currently, users can enjoy more than 30+ airdrops per week! There are more than 1,000 free airdrops completed in 2023. This sums up to +$100,000,000 USD worth of prize pool in 2023. Before January 2024 ends, there are already 100 airdrops for all participants!
Participating in airdrops can be a lucrative way to accumulate various tokens and diversify your crypto portfolio without making additional investments. MEXC’s commitment to regularly distributing airdrops adds an exciting dimension to the MX Token, making it more than just a utility within the exchange. Learn about it at MX Zone now.
Receive Up to 70% Commission From Friend Referral
MEXC offers a dynamic referral commission structure for both spot and futures trading, providing lucrative opportunities for referrers. For those whose referred friends joined after 20:00 on August 30, 2022 (UTC+8), a generous 30% Referral Commission awaits. Furthermore, if referrers hold more than 20,000 MX Tokens, the commission rate significantly rises to an impressive 70%.
On the other hand, for friends who registered before August 30, 2022, the Referral Commission is intricately tied to the referrer’s MX Token holdings. Those with less than 500 MX Tokens receive a 10% commission while holding between 500 and 5,000 MX Tokens boosts the rate to 20%. If the referrer’s MX Token holdings range from 5,000 to 20,000, the commission escalates to 30%. Remarkably, for referrers holding over 20,000 MX Tokens, an exceptional 70% commission rate is applicable, emphasizing the substantial benefits of holding a larger position. Learn more about it at MEXC Commission Fee.
Convert Small Tokens Balance into MX
MEXC provides a convenient function – the ability to convert small token balances into MX Tokens. This feature is perfect for users after receiving airdrops, holding smaller or less liquid tokens. It simplifies the management of diverse portfolios, allowing users to consolidate their holdings into MX tokens.
The option to convert small tokens into MX not only streamlines portfolio management but also enhances liquidity. MX Token’s compatibility with various exchanges and platforms further expands the possibilities for users to trade, invest, and engage with the broader crypto ecosystem.
You can easily convert tokens at the small asset conversion portal! Simply head to the Launchpad or Kickstarter event pages and click on Reward History. At the center of the page, you can see the Small Asset Conversion portal. Click on it and it will directly lead you to the wallet page, quick and easy. Try it out 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 at which 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.
Conclusion
In conclusion, MEXC’s MX Token offers a multifaceted approach to enriching your crypto journey. From reducing trading fees to daily airdrops and the ability to convert small tokens, MX Token is designed to empower users with a comprehensive set of benefits. Whether you’re a novice looking to start your crypto adventure or an experienced trader seeking additional perks, consider incorporating MX Tokens into your strategy to unlock the full potential of your cryptocurrency endeavors on MEXC.
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