Diving into cryptocurrency trading can be both exciting and challenging. To simplify and enhance your experience, MEXC offers its native utility token, MX token, as a gateway to exclusive benefits and a more streamlined trading journey. Let’s explore what MX tokens have to offer.
What is MX Token?
MX token (MX) is the native cryptocurrency of the MEXC exchange. It plays a pivotal role in ensuring a secure and efficient trading experience. Beyond its utility, MX token empowers its holders by granting them voting rights within the MEXC community, giving them a say in platform decisions, team elections, and early access to special events and activities.
In addition to governance, MX holders enjoy numerous platform-exclusive rewards. These perks include earning referral bonuses, participating in airdrops, and gaining access to trading fee discounts. MX token holders can also benefit from ongoing upgrades within the ecosystem, making it a must-have for those looking to maximize their experience on MEXC.
Get 50% Off Trading Fees with MX Tokens
A significant advantage of holding MX tokens on MEXC is the 50% discount on trading fees. Furthermore, there are no complicated rules for receiving this discount. Simply hold 1000 or more MX tokens in your spot account for 24 hours and you are good to go! Here’s a breakdown of the reduced fees:
- Spot Trading:
- Maker: 0.000%
- Taker:
0.02%→ 0.01%
- Futures Trading:
- Maker: 0.000%
- Taker:
0.02%→ 0.01%
MEXC boasts the lowest trading fees in the entire crypto market. However, with MX tokens, your trading fees become significantly low. This discount allows traders to reduce their transaction costs, making frequent trading more affordable. Whether you’re a beginner or a seasoned trader, these savings can significantly boost your profit potential. Discover more about MEXC’s trading fees and how you can benefit from it!
Claim Daily Airdrops on MEXC Launchpool and Kickstarter
MEXC rewards MX token holders with daily airdrops through its Launchpool and Kickstarter programs. Users who hold 1,000 or more MX tokens in their spot wallet become eligible to participate in these exciting daily airdrops. Similar to the great discounts, users are only required to hold MX tokens for 24 hours! Talk about quick and easy!
Currently, more than 30 airdrops take place weekly, with over 1,000 airdrops completed in 2023 and 1,700 in 2024. This amounts to more than $100 million USD in rewards distributed to MX holders. As of August 2024, over 100 airdrops have already been handed out!
Airdrops provide an excellent opportunity to diversify your portfolio without additional investments. MEXC’s ongoing commitment to airdrops makes holding MX Tokens even more rewarding. Discover more about these opportunities at MX Zone.
Earn Up to 70% Commission by Referring Friends
MEXC’s referral program is another great way to earn by simply inviting others to trade on the platform. For users who refer friends who registered after August 30, 2022 (UTC+8), a generous 30% referral commission is available. If the referrer holds over 20,000 MX Tokens, this commission jumps to an impressive 70%.
For friends who joined before August 30, 2022, the referral commission is tied to the referrer’s MX holdings. With less than 500 MX, you earn 10%, but holding between 500 and 5,000 MX boosts the rate to 20%. Holdings between 5,000 and 20,000 MX increase the commission to 30%, while those holding over 20,000 MX can enjoy the maximum 70% commission. Find out more about MEXC’s commission structure here.
Convert Small Token Balances into MX Tokens
Too many airdrop tokens? Not sure what to do with them? Worry not! MEXC offers a convenient feature that allows users to convert their small, hard-to-trade token balances into MX tokens. This is especially useful after receiving airdrops or holding smaller, less liquid tokens, making it easier to consolidate your portfolio.
Converting these small token amounts into MX simplifies your portfolio and enhances liquidity. With MX being a widely accepted token across various platforms, this feature increases your options for trading and investing. To try it out, simply visit the small asset conversion portal within the Launchpool or Kickstarter event pages.
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.
Conclusion
In summary, MX token is a powerful tool for enhancing your crypto experience on MEXC. From reduced trading fees to daily airdrops and referral rewards, MX tokens offer a comprehensive suite of benefits for both new and seasoned traders. Start your crypto journey or optimize your current trading strategy by integrating MX tokens into your portfolio—unlock the full potential of your trading experience with MEXC today!
Join MEXC and Start Trading Today!
