What wealth effects can we know at MXC Global?

Before answering this, let’s think: If Bobo in Los Angeles wants to leverage cryptocurrency returns, what should he consider first?

The answer given by Bobo may be: 1. Choose a currency with a small market value that he is familiar with. 2. Choose a safe and reliable exchange, and leverage trade through the exchange.

How to get the most out of cryptocurrency?

Unlike spot trading, in leveraged trading, the purpose of most traders is to obtain short-term high returns. Let’s assume Bobo is the same.

If drastic fluctuations happen, high-market-value cryptocurrencies require large amounts of margin. However, small-market-value currencies demand only a small portion of funds to cause drastic fluctuations. In this case, the latter one is more suitable for leverage trading to get the maximum profit.

Taking the five cryptocurrencies of BTC, ETH, LINK, DOGE, and VNT as examples, the current market value has reached $172.686 billion, $27.01 billion, $2.186 billion, $501 million, and $1.4114 million, respectively. If the market value fluctuates by 5%, then it requires margins of $8.634 billion, $1.35 billion, $107 million, $25 million, and $70,000, respectively.

Like putting boulders of equal volume and density into Lake Belga and the Baltic Sea at the same time, the water of Lake Belga will overflow the surface of the lake and irrigate the fields in Siberia, while the sea surface of the Baltic Sea will not show a ripple.

To conclude, the small-market-value currency is a better choice for Bobo as he wants to maximize profits in a short-term.

How to choose the right exchange?

At 17:56 on July 8, 2020, the leverage trading price of VNT/USDT in MXC Global rose by 14.17%. However, the leverage trading price of BTC/USDT increased by only 0.78% in 24 hours. Bobo is familiar with VNT, and has critical judgments on the price trend of it. Thus, before the price going up, he had already prepared to buy VNT long with multiple leverage.

At….., the VNT/USDT trading pair on MXC Global rose by …, while in the meantime BTC/USDT moved only 0.78% ……, he had already packed some 5x leverage VNT/USDT margin pair in his bag.

But the problem is that, at present, only our exchange and Bibox supportVNT/USDT leverage trading (margin trading). Bobo is a senior user of our exchange and is satisfied with previous experience. Therefore, he has obtained ideal returns by buying VNT long with five times leverage.（by buying long of VNT with 5x leverage）

This example proves that margin trading is a way to maximize short-term returns. The success relies on two indispensable aspects: a smaller-market-value cryptocurrency and a trading platform that supports a large number of margin pairs.

margin trading

Among many exchanges in the world, we support as many as 78 margin trading pairs, which is the platform that supports the most currencies.

In addition, our margin trading system adopts isolated margin mode. it supports 2-10 times leverage , and allows automatic borrowing and returning functions. Orders and cancellations can complete borrowing and returning of currency.(The loan can be made or repaid automatically upon placing or cancelling an order).

From the beginning of 2020 till now, we have upgraded the leveraged trading system by 7 times, which has greatly optimized core indicators such as quoted depth, position spread, lending efficiency and matching efficiency (lending and matching efficiency).

Why choose a reliable trading platform?

“Reliability” means: 1. Safety and regulation-compliance. 2. The trading platform has strong risk control ability. Also, core indicators like quoted depth, matching efficiency and position spread, have advantages. 3. Pay attention to the core requirements of global users, produce cryptocurrency trading products with heart.

We have become the fastest growing one-stop cryptocurrency trading platform in the world.

At present, our trading business integrates OTC trading, currency spot trading, leverage margin trading, Leveraged ETF, index products, contract trading and POS staking services.

In 2019, our daily volume of trade accounts for 5% of the global market. The daily trading volume of MXC took 5% of the global market. According to CryptoRank data, our leveraged ETF currently accounts for 70.1% of the global market.

Since our establishment, we adhered to the development strategy of “centering on global users” and “global compliance trading”. With the support of strong products and professional team, we aim to create a one-stop cryptocurrency trading platform that meet users’ needs.

We have obtained legal licenses registered in the United States, Canada, Australia and other countries, so we can conduct cryptocurrency trading legally and locally in those countries.

In terms of OTC, we have reached strategic cooperation with European payment company Simplex and Southeast Asia payment company Banxa, which allow users to directly purchase BTC, ETH with Visa and MasterCard.