Investor: What's the use of the MX token? MEXC: Hodl it like you've never hodl before <3. Investor: Why? MEXC: Read this awesome review below to find out.
Like other exchanges, MEXC has its own token, the MX token. It powers the MEXC exchange and operates on the Ethereum blockchain. Since February, it has shown an impressive 300% increase in value.
Key benefits: To participate in newly released coins and lounges, MX tokens are necessary, which can positively impact the token's price. Users also receive up to 20% trading fee discounts, a higher referral percentage, and can engage in project development voting.
MEXC, ranked #22 on CoinMarketCap, offers a wide range of markets and coins, second only to gate.io.
Conclusion: Holding MX tokens brings benefits exclusively for users of the MEXC exchange. Listing a token on MEXC is relatively straightforward, requiring a minimum market capitalization of $2 million over an extended period. Note: MEXC is unavailable for US-based customers and lacks regulation by financial authorities. I would rate it 4 stars because I find it only useful within MEXC. Show Less
