What is Small Balance Conversion
MEXC Small Balance Conversion is a feature that allows users to convert small balances of cryptocurrencies into MX tokens. This feature is useful for users who have small balances of cryptocurrencies that are not sufficient to trade or withdraw. Furthermore, users can now convert more than 20 airdrop rewards from Launchpad directly into MX tokens.
What are the New Features of Small Balance Conversion?
Small balance conversion to MX tokens now supports new coins from Launchpad and Kickstarter. This eliminates the concern of leftover tokens sitting idle in your wallet. We have also upgraded our UIUX, making it more user-friendly and with higher clarity.
The new conversion now shows which tokens are convertible to MX tokens along with those that are not available. There are also reasons listed out, such as price change exceeding the limit and amount being too low. In addition, users can now exchange tokens up to 10x every 24 hours. If the user’s final conversion fails, the conversion window will display the specific reason for the failure. Learn more about the full list of features now!
How to Convert Small Balance into MX Tokens?
Converting tokens is an easy process but it might be hard to notice. Here is a step-by-step guide to convert your tokens!
- Log in to your MEXC account.
- Head to Wallet on the top right of the screen and click Spot.
- You will find “Convert small balances to MX” on the right side of the page.
- Click on it, select your tokens, and convert them!
- That’s it. Now you have more MX Tokens to continue joining Launchpads and Kickstarters!
Why do We Need a Small Balance Conversion?
The new events in Launchpads and Kickstarter Campaigns are kicking up a storm, dropping airdrops to MX token holders day and night. Currently, there are more than 15 Kickstarter campaigns a week. There are also approximately 20 launchpad events. As we have removed the lock-up features, you can participate in all events by holding 1,000 MX tokens. Simply speaking, MX token holders stand a chance to grab more than 20 airdrops per week. Learn more right here!
So, what do you do with the airdrops? You can hold the tokens or even trade them in the spot market. However, some tokens might come at a low volume. It might also be harder to sell it off in the spot market due to low liquidity. When that happens, converting the tokens to MX tokens might be the best choice for you.
Conclusion
MX tokens are becoming increasingly valuable. What better way to get more MX tokens than to convert them from small balances? Begin your hassle-free conversion now!
In the meantime, Check out our MEXC trading page and find out what we have to offer! Do not miss out on the golden window. You can learn more about crypto industry news and interesting articles to get you up to speed with the crypto world. Happy trading!
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