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About MX TOKEN
-
What is MX TOKEN (MX)?
: Native cryptocurrency token released by MEXC in 2019, providing access to unique functionality and benefits. -
Founders:
Sheen Xin Hu (CEO), Aaron Wagener (COO), and Piotr Brzezinski (CTO) -
Unique features:
Deflationary, token buyback and burn, incentivizes token holders to contribute to ecosystem development -
Circulation:
100,000,000 MX out of 450,000,000 total supply as of June 2023 -
Security:
ERC-20
About MX Token: Empowering the Future of Digital Assets
Introducing MX Token (MX): A Comprehensive Overview
MX TOKEN (MX) is the native cryptocurrency token launched by MEXC, a centralized exchange (CEX), in 2019. As the backbone of the MEXC ecosystem, MX empowers its holders with exclusive privileges, including access to unique functionalities and benefits within the platform. Notably, MX holders are granted voting rights on key business decisions, team elections, and priority participation in various activities, among other perks.
MEXC is a comprehensive cryptocurrency exchange and peer-to-peer platform, offering a multifaceted digital asset trading experience that encompasses spot, margin, and futures trading. The exchange provides a diverse range of services, including versatile digital asset trading, passive investment staking, and an array of DeFi tools. Furthermore, MEXC facilitates seamless buy and sell transactions using fiat currencies through its P2P market.
The Visionary Founders Behind MX TOKEN
Founded in April 2018, our company is duly registered in Seychelles.
Co-founded by a triumvirate of visionaries, namely Sheen Xin Hu (CEO), Aaron Wagener (COO), and Piotr Brzezinski (CTO), the exchange has been driven by their collective expertise. Notably, Sheen Xin Hu, the mastermind behind the MXC Foundation, also assumes the dual role of founder and CEO at MatchX.
Sheen Xin Hu boasts a dual master’s degree in Computer Systems Networking and Telecommunications from the esteemed Technische Universität Berlin, as well as in Network and System Administration from the prestigious Université Pierre et Marie Curie. With a decade of tech development experience under his belt, he has had stints as a hardware engineer at Airfy and Relayr, and as a marketing assistant at ASUS. Currently, Sheen Xin Hu is a fervent advocate for LPWAN, Docker, and Blockchain, and serves as a core developer at MXC zkEVM.
Presently, MEXC is helmed by Singaporean entrepreneur John Chen, who assumed the CEO role in 2021, coinciding with the official rebranding of MXC Exchange to MEXC Global, now known as MEXC Official.
Unveiling the Uniqueness of MX TOKEN (MX)
MX TOKEN (MX) boasts a deflationary design, wherein MEXC allocates a portion of the accumulated trading fees to repurchase and subsequently burn tokens, thereby diminishing the overall supply.
MX fuels the growth and expansion of the MEXC ecosystem, incentivizing token holders to contribute to its development. At the heart of MEXC lie its core products: Launchpad, a pioneering platform where users can invest in projects at their inception; Kickstarter, a pre-launch event where users exercise their voting power with MX to greenlight projects on MEXC; MX-DeFi, a mining reward program that enables users to stake MX tokens and reap rewards; and M-Day, an exclusive activity where users can acquire newly minted digital tokens through a lottery system.
What Is the Circulating Supply of MX TOKEN (MX) Coins?
MX TOKEN (MX) is a cutting-edge crypto asset meticulously deployed on the Ethereum blockchain, adhering to the ERC-20 token standard.
MX holders are granted privileged access to a range of community-driven initiatives and promotions, as well as the esteemed right to participate in voting processes that shape the future of business decisions, project listings, and team elections. Furthermore, the utility of MX is multifaceted, encompassing the payment of trading fees and MX DeFi mining, thereby unlocking a broader spectrum of possibilities.
MX TOKEN (MX) boasts a total supply of 450,000,000 coins, with a circulating supply of 100,000,000 MX as of June 2023.
The Security Architecture of the MX TOKEN Network
MX is an ERC-20 token, leveraging the Ethereum blockchain and harnessing the Proof-of-Stake (PoS) consensus algorithm to ensure a secure and efficient network.
Furthermore, MX TOKEN has undergone a rigorous audit by SlowMist, a renowned blockchain security firm distinguished for its expertise in cybersecurity audits and protection, thereby ensuring the highest standards of security and integrity.
Acquiring MX TOKEN (MX): A Comprehensive Guide to Exchanges and Marketplaces
The most convenient method of acquiring MX tokens is to purchase them directly on the MEXC exchange. Alternatively, you can also buy or trade MX on other prominent platforms, including Huobi, Bybit, Jubi, and ZT.
Stay ahead of the curve with the CMC mobile app, providing real-time price tracking for MX and beyond.
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