According to Polkadot, it will be split at block height (1,248,328), about August 22 at 00:40 Singapore time. DOT split goes into the countdown.
After the implementation of the split, the number of new DOT will increase by 100 times than the Old DOT (old), the denomination will be reduced by 100 times, and the proportion of owned DOT in the total supply will remain the same.
In order to be able to successfully complete the DOT split in the first place, MXC Global communicated in advance before the official global announcement of Polkadot, and made technical and operational preparations.
During the two days’ hard work, MXC Global needs to complete the modification of DOT wallet accuracy, record DOT user’s position, confirm no user deposit and withdrawal before the split and other 15 core steps.
Before and during the implementation of the split, MXC Global operators work overtime with technicians to ensure that the relevant announcement is issued to timely inform users of the correct operation.
After the DOT split, the instant price was 2.76 USDT, which rose to 3.89 USDT on the day. So far, DOT has exceeded two price highs: 4.55 USDT and 5.76 USDT , with the highest increase of 108.6%.
MXC Exchange: the major exchange for Polkadot
In fact, MXC Global is not only the world’s first trading platform to complete the DOT split, but also the world’s first platform to support the DOT claim, transfer and trading. More importantly, it’s the first trading platform to find the Polkadot ecological projects.
The start of each round of market conditions requires different projects to promote.
If we say that TRON has made Binance, then Polkadot depends on MXC Global. MXC Global has the first-mover advantage over Polkadot projects, which makes it the top platform for DOT trading volume and liquidity.
Now, Polkadot ecological projects have reached more than 70, covering crypto wallet, browser, Substrate development, infrastructure and other seven categories. In addition to DOT, MXC Global supports other Polkadot ecological projects including KSM, EDG, PCX, RING, LINK, ZRX, REN, ANKR, CELR, etc. Among them, LINK has jumped to the sixth largest cryptocurrency by market capitalization in the world.
In 2019, MXC Global has listed ChainX (PCX), Kusama (KSM), and Edgeware (EDG). It also supports PCX, KSM margin trading and PoS pool service.
After supporting DOT claim, transfer and trading, MXC Global also supports DOT leveraged ETF trading with 3x available and PoS pool.
On August 19, MXC Global ETF area added Polkadot ecological index products. Index component includes DOT, ANT, PCX, KSM, EDG, RING.
Recently, for MXC Global’s advantage over DOT, KSM, PCX, the PoS pool will also be eligible for the New DOT network validator.
Previously, MXC Global has established Polkadot Ecological Special Fund to support the development of Polkadot ecological projects. Then, Huobi also announced the establishment of the Polkadot ecological zone, which shows the strategic position of Polkadot ecological project.
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