MEXC Global, a digital asset and cryptocurrency trading platform based in Estonia, has introduced the MX/USDT perpetual trading pair and supports 1-20x buying power “for long and short two-way trades, and this will significantly contribute to expansion of MX Futures and bring the MEXC ecosystem to the next level.”
MX Token ($MX) is “the native token of MEXC.”
MX holders are “allowed to pay trading fees at a discounted rate, participate in Launchpad, Kickstarter, M-day and more events to engage with the latest partner projects, and also serve as proof of the MEXC community’s interests and encourages users to take part in community governance, like voting and so on.”
For now, MEXC Global “supports perpetual trading of more than 200 cryptocurrencies, including BTC, ETH, MX, BNB, XRP, ADA, DOT, ATOM, AVAX, SOL, MATIC, etc., covering public chain, cross-chain, DeFi, GameFi, Metaverse, DAO and more sub-sectors and latest cryptocurrencies.”
MEXC Futures “has 4 years of first-mover technical experience and product advantages in system stability, trading mechanism, fundamental transaction depth, risk control, liquidity, and user experience.” The latest stats “show the liquidity of MEXC futures has become the first in the world.”
In terms of market depth and stability, MEXC keeps “making efforts and remains competitive. MEXC’s futures trading system is independently developed by an experienced core technical team.” With constant optimization and regular upgrades, the platform is “able to avoid downtime events when extreme trading volume surges.”
MEXC Futures claims it has one of “the fastest listing speeds and the most tradable derivative trading products in the markets.” A range of tokens are initially listed on MEXC regarding futures trading, and this “offers more trading options and opportunities for institutional and individual traders.”
Since the MX Token 2.0 proposal conducted in last December, MX token “keeps performing in the markets.”
With the expansion of MEXC Global and support from MX community, MX token will continue “to play a key role within and beyond the MEXC ecosystem, and better trading experience will be brought on the platform.”
As covered in June 2022, MEXC Global revealed that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard.
Visa and Mastercard aim to offer lower fees “to both new and experienced investors easing the initial capital requirements.”
Investors will be able to purchase up to $5,000 worth of crypto-assets in a single transaction, according to the announcement.