Recently, MXC Exchange, a global compliant cryptocurrency trading platform, announced the launch of the “MOASIS” program and the establishment of a 5 million USDT special fund. It will promote Ethereum, Polkadot and other networks, and its ecological project developers to create more MX use cases and explore the possibility of integrating various asset ecosystems with MX through grant incentives.
The news announced by MXC Exchange shows that the “MOASIS” program is not limited to public chains and fields, and aims to realize various assets for the expansion of MX Token scenarios. Public chain projects include but are not limited to Ethereum, Huobi ECO chain (Heco), Binance Smart Chain (BSC), OKChain, Polkadot, Cosmos, NEO, etc.; asset categories include but are not limited to DEX in the DeFi field, lending, insurance, income aggregators, derivatives, synthesis, fixed interest rates, flexible stable coins, NFTs, etc.; expanded MX usage scenarios include but are not limited to spot trading, stake mining or liquidity mining incentives, insurance, futures or leveraged trading, IDO, NFT, etc.
The shortlisted projects will receive a total of 5 million USDT prize pool ecosystem fund support, MXC Exchange comprehensive project support, and MXC Exchange investment opportunities and listing opportunities.
One of the MXC Exchange officials said that he hopes to expand the use of MX through the “MOASIS” program, connect MX and DeFi and other ecosystems, link CeFi and other public chain assets and empower MX.
Before the “MOASIS” program, the exchange token MX has been used in scenarios and activities such as SpaceM, M-Day, MX DeFi, listings, and renewal voting.
Throughout the past 2020, MXC Exchange was known for its first discovery of nearly 100 gem projects, including DeFi, Polkadot, NFT, Layer2 and other fields, such as DOT, KSM, EDG, PCX, UNI, SUSHI, YFI , BAL, CRV, etc., these projects have all reached several times or even dozens of times the increase in the past year.
MXC Exchange is therefore renowned as the “gem hunter” and “the next Binance”. The reason why it is called the next Binance is not only because it is the platform with the most tradable tokens/coins worldwide, but also because of its global compliance strategy, which provides more protection for user assets.
MXC Exchange was founded in April 2018. It is a one-stop trading platform that integrates spot, leverage, contract, ETF, index, PoS mining pool and other products. Starting in 2019, MXC Exchange Matcha has carried out a global compliance route. It has obtained compliance licenses from five countries including Estonia MTR, US MSB, and Australia and Switzerland VQF. It is currently the trading platform that has obtained the most compliance operating licenses.
At the same time, MXC Exchange actively expands the compliant OTC channels for digital assets such as Bitcoin. It has reached strategic cooperation with European compliant payment company Simplex, Southeast Asia compliant payment company Banxa, Moonpay, Menapay, Mercuryo, and supports the use of VISA and MasterCard credit cards and debit cards to purchase digital assets.
Exploring high-quality projects and expanding compliance channels have laid the foundation stone for the growth of MXC Exchange users. Up to now, the average daily active users of MXC Exchange have reached 100,000, the average daily trading volume is 50 million USD, and the average daily trading volume market share is 5%. Among them, the current 24-hour trading volume of leveraged ETFs rose from second to first, surpassing Binance. (data source: Cryptorank.io on February 16)
MXC Exchange focuses on global compliance operations and digs high-quality assets during the bear market, allowing MXC Exchange to obtain huge traffic growth in the bull market, and the transaction fees brought by the traffic growth are profitable. The exchange token MX is regularly buyback and burnt every month, which empowers MX’s value space.
Up to now, MX has had an increase of 551.34 % since the beginning of the year, with the highest increase in history reaching 2028.78%. Some analysts believe that the macro environment is an important prerequisite for the steady development of the entire market. At the micro-level, the current and future value return of exchange tokens such as MX lies in the benchmarking effect of industry leaders.
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