The Good Tech Companies - MEXC Unlocks New Benefits For MX Holders As Price Climbs Nearly 50% Within a Month
Episode Date: December 12, 2024This story was originally published on HackerNoon at: https://hackernoon.com/mexc-unlocks-new-benefits-for-mx-holders-as-price-climbs-nearly-50percent-within-a-month. ... Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #mexc, #btcwire, #press-release, #mexc-ventures, #blockchain-development, #mexc-ventures-investment, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. MEXC Token (MX) recorded a nearly 50% gain over the past month. MX hit its 2024 low of $2.62 before rebounding to $3.97 by December 9, 2024, at 13:00 (UTC) This strong recovery has positioned MX as a key focus in the platform token market. MEXC is known for its broad broad selection of trending tokens.
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MEXC unlocks new benefits for MX holders as price climbs nearly 50% within a month,
by BTC Wire. Seychelles, December 12, 2024
Global leading cryptocurrency platform MEXC announced new benefits for MEXC token
MX holders as the token recorded a nearly 50% gain over the past month.
This growth comes amidst MEXC's launch of multiple new campaigns and continuous listings
of trending tokens. In November 2024, MEXC conducted 103 Kickstarter events, distributing
free new token airdrops with an annualized return of up to 56%. On November 5, MX hit its 2024 low of $2.62
before rebounding to $3.97 by December 9, 2024, at $1,300. This strong recovery has positioned
MX as a key focus in the platform token market. Enhanced benefits for mix holders 1.
Upgraded new token airdrops. Beginning December
1, MEXC lowered the threshold for its Kickstarter airdrop campaign. Users holding at least 500 MX
for 24 hours can participate in monthly new token airdrops. Rewards can be increased by holding
more MX or inviting friends, with referral commissions of up to 70% for qualified agents.
Over the past 12 months, MEXC conducted 2,308 Kickstarter events, with a total distribution
of approximately $137 million, representing an average of 192 airdrops and $11.42 million
per month. Based on holding 1,000 MX in the November 30 closing price,
the cumulative annualized return reached up to 71%.
2. 50% Trading Fee Discounts. Asterisk holding MX offers significant reductions in trading fees.
50% Fee Discount. Users holding 500 MX for 24 hours now qualify for a 50% discount on spot and futures trading fees,
down from the previous 1000 MX requirement 0.20% fee deduction option. Users with less
than 500 MX can still benefit from an 20% fee deduction using MX holdings.
Note. To access the 50% fee discount, users must hold 500 MX in their spot account for spot trading or in
their futures account for futures trading. For detailed fee structures and personalized rates,
please visit greater than greater than greater than up to 70% commission rebates 3.
By becoming a MEXC agent and meeting certain criteria, users can access a 70% commission
rebate on spot and futures trades. This incentive not only enhances potential earnings for MX holders but also supports
MEXC's community growth and market outreach. Conditions to achieve a 70% rebate include
fulfilling either criterion. This story was distributed as a release by BTC Wire under
HackerNoon's business blogging program. Learn more about the program here and becoming AMEXC agent, inviting 5 new users who complete their first trades,
and holding at least 2000 MX. Becoming AMEXC agent and holding at least 20,000 MX.
Inviting new users also increases the kickstarters, airdrop multiplier, providing additional avenues for rewards. More details,
https colon slash slash www.mex.com slash invite, 4. New launchpool model coming soon.
Users will soon be able to stake MX to participate in token airdrops through a revamped launchpool
model. The new model features no minimum staking requirement, an expanded reward pool, and a
selection of higher quality tokens, offering MX holders greater earning potential. As MEXC
continues to expand its offerings, including additional MX-related activities, new functionalities,
VIP tiers, and innovative platform use cases, MX's growth potential remains significant. About MEX founded in 2018,
MEXC is committed to being your easiest way to crypto. Serving over 30 million users across
170-plus countries, MEXC is known for its broad selection of trending tokens, frequent airdrop
opportunities, and low trading fees. Our user-friendly platform is designed to support
both new traders and
experienced investors, offering secure and efficient access to digital assets.
MEX prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEX official website, ex.telegram, how to sign up on MEXC,
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Tip This story was distributed as a release by BTC Wire under HackerNoon's business blogging program. Learn more about the program here, and thank you for listening to this HackerNoon story,
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