Following a string of bullish trends, major cryptocurrencies are now undergoing a corrective phase, with Bitcoin (BTC) experiencing a decline of -13.9% over the past week. However, MEXC’s native token, MX, has managed to weather this downturn and reached a new all-time high!
Growth Spur On MX Token Price
On March 14, 2024, the native tokens of major centralized exchanges (CEX) witnessed a sudden surge, leading to substantial gains for investors as these tokens reached unprecedented levels, indicative of increased interest and speculative activity. For instance, MEXC’s MX token achieved a new all-time high (ATH) of $4.1, experiencing rapid growth of 36.7% within just two days.
However, as of March 20, 2024, significant CEX tokens have seen fluctuations in their prices compared to their highest values in 2024. MEXC’s native token, MX, is priced at $3.72, reflecting a decrease of 9.8% from its peak value of $4.10.
Amidst the market correction observed after March 14, 2024, the MX token emerged as the standout performer among CEX tokens. Despite market fluctuations, MX exhibited remarkable resilience and growth, climbing from $3.04 to $3.72, representing an impressive increase of 22.4%. (Learn about the full CEX token reports right here)
What Is The Price Of MX Token Now?
At the time of writing (March 22, 2024), the MX token has once again reached an ATH! It is currently trading at $4.22 along with the overall crypto market. This also indicates a 5.53% increase in 24 hours! Trade MX tokens at MEXC spot trading or futures trading now!
Use Cases of MX Token in The MEXC Ecosystem
Huge Discounts on Trading Fees
By holding a minimum of 1,000 MX tokens, traders can unlock 100% discounts on spot trading fees and 50% discounts on futures trading fees! After the discounts, spot traders will enjoy 0.0% on both taker and maker fees. Meanwhile, futures traders will enjoy 0.0% on maker fees and only 0.01% on taker fees!
Additionally, MX token holders with less than 1,000 tokens are eligible for a 20% discount on spot trading fees via MX Deduction. This translates to a reduced fee rate of 0.08% for both makers and takers when utilizing MX Deduction. On the other hand, MX deduction provides a 10% discount to futures trading. Learn more about it at MEXC Fees!
Receive Huge Amount of Airdrops For Free
MEXC continues to be the market leader for free airdrops, providing up to 200 free airdrops to participants monthly! While MX token’s price growth remains steady, MEXC has curated 201 free airdrop events in January and 199 free airdrop events in February with a cumulative prize pool of $23 million USD. This means that you could receive 40+ airdrops weekly with a simple click at no cost! Join us 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.
How To Participate in MEXC’s Launchpad or Kickstarter Campaign?
Here is a simple guide for you to join in on the fun!
- Purchase and hold MX Tokens in your spot wallet (Buy now!)
- Hold at least 1,000 MX Tokens in your spot wallet for 30 consecutive days.
- Once 30 days have passed, you can commit the MX Tokens to a Non-lockup Event.
- Click on the Quick Commit Button to join all events simultaneously.
- After the event ends, the system will first divide the total prize pool.
- Then, it will distribute the airdrops based on the user’s proportion of valid commitment.
- The more MX Tokens you commit, the more airdrops you receive!
- 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!
