MX TOKEN company info

What does MX TOKEN do?
MX Token (CRYPTO:MX) stands as a pivotal digital asset within the MEXC ecosystem, built upon the Ethereum blockchain. As the native token of MEXC, MX serves multifaceted roles: Firstly, it offers trading fee discounts to MX holders on the MEXC exchange, incentivizing and benefiting active traders. Additionally, MX holders wield voting rights to partake in governance decisions concerning the MEXC platform. The token's versatility extends to staking rewards, allowing holders to earn while supporting the network. It's a crucial component for participation in the MEXC Launchpad, empowering holders to invest in emerging cryptocurrency projects. MX Token's significance is further underscored as it serves as a financial backbone for MEXC's internal projects, such as the MEXC Labs incubator program and the MEXC Foundation, reinforcing its role as a driving force in the ecosystem's growth and development. The objectives of MX Token are clear: to benefit MEXC users, foster ecosystem development, and contribute to the cryptocurrency industry's evolution. It plays a pivotal role in the thriving MEXC ecosystem, actively supporting its expansion and innovation.
MX TOKEN company media
Company Snapshot

How many people does MX TOKEN employ?

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Employees
201-500

What is the market cap for MX TOKEN?

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Market Cap
$473.62M

Where is the head office for MX TOKEN?

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Head Office
Mahe, Seychelles

What year was MX TOKEN founded?

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Year Founded
2018
What does MX TOKEN specialise in?
/Centralized Exchange (CEX) Token /Marketplace

What are the products and/or services of MX TOKEN?

Overview of MX TOKEN offerings
Launchpad participation: MX holders can participate in the MEXC Launchpad to invest in new cryptocurrency projects.
MX DeFi mining: MX holders can participate in MX DeFi mining to earn rewards in MX tokens. MX DeFi mining is a way to earn rewards by providing liquidity to decentralized exchanges (DEXes).
MXZone benefits: MXZone is a loyalty program for MX holders. MXZone members receive a variety of benefits, including exclusive trading privileges, early access to new features, and airdrops of new tokens.
Staking rewards: MX holders can stake their tokens to earn rewards in USDT. The staking rewards are distributed weekly.
The Launchpad offers a variety of projects to choose from, and MX holders are given priority access to token sales.
These services make MX Token a valuable asset for MEXC users and cryptocurrency investors in general.
Trading fee discounts: MX holders receive discounts on trading fees on the MEXC exchange. The discount rate increases with the amount of MX held.
Voting rights: MX holders have voting rights on governance proposals related to the MEXC platform, such as new coin listings, trading rule changes, and fee adjustments.