What exactly is MX Token(MX)?

[Venus1100]

MX TOKEN or MX is the MEXC platform's native decentralized digital asset built on the Ethereum blockchain. MEXC, founded in April 2018, is a global leader in crypto asset trading, offering spot, ETF, leverage, and contract trading to over 7 million users worldwide. With extensive financial and technological backgrounds, the team's core members all share the same goal of optimizing users' trading experiences through professionalism and financial product security. The platform currently supports over 1,400 spot trading crypto assets, 200 contract trading assets, and 400 leveraged ETFs.



MEXC's Key Characteristics (MX)
MEXC Global employs a high-performance trading engine developed by banking industry experts that is capable of completing 1.4 million transactions per second, resulting in unprecedented efficiency and performance. Among the key features are:

Stability and safety. The multi-tier, multi-cluster system architecture promotes stability.
Excellent performance. The technology used in trade matching engines can handle up to 1.4 million units per second.
Liquidity is high. 7+ Million traders, along with MEXC GLOBAL partners, contribute to the platform's liquidity and abundance of resources.

 

[Suba]

Thanks for sharing, MX token is the native token of the global MEXC exchange (Singapore), although its main purpose is to pay transaction fees on MEXC. but it seems that the MX token has developed and has been listed on Coinmarketcap and is ranked 155th. The current price of the MX token is $1.31 even reaching ATH $3.7 in Decenber 2021 MX tokens can be used as a cross-chain bridge between BSC and Huobi ecochain, (HECO), Apart from the MEXC exchange, MX tokens can also be purchased on Huobi, Pionex, Bybit etc. But unfortunately it is not yet available on Binance.