MXC Exchange News

  To bring you a better trading experience and meet your diversified trading needs, MXC launches BDP on Margin Trading and PoS Saving. The details are as follows:   BDP/USDT Margin Trading MXC will launch BDP/USDT on margin trading at 12:00 (UTC+8), March 12, with 5x leverage long and short available. The daily loan fee rate for buying long is 0.16%.  The daily loan fee rate for selling short is 0.095%.   BDP on PoS Saving MXC has launched BDP on PoS Saving. The details are as follows: 1. Est. Annual Percentage Yield (APY): 3% (dynamic based on real pos yield) 2. The yield of BDP will be settled by BDP token, and the daily yield = BDP position * (APR / 365). 3. The yield will start to be calculated 1 day after joining BDP PoS saving. 4. User's BDP position will be recorded daily. The minimum position of the day will be used to settle the yield.  5. PoS savings do not require to freeze assets, so withdrawal or trading is available at any time.  6. Users can ...

Eligibility Operation experience of crypto communities with 500 – 1,000 activity members Well-known KOL who have a certain number of fans in the cryptocurrency industry KOL Benefits 40%-60% trading fee rebate New projects airdrop Priority participation in internal high-end activities Brand exposure in MXC activities Bonus for recommending projects KOL Rewards Super referral commission Referral Commission Instruction Project Monthly valid user amount Commission rate Commission valid period Commission currency Commission calculation MXC Superstar108 （0-10） 40% 1 year USDT Daily （10-30) 50% （30-50) 60%   Note: Valid users: users invited by KOL shall have accumulated trading volume no less than 30 USDT and complete the KYC verification. If the users invited by KOL have already enjoyed the market maker and VIP customized trading fee discounts will not participate in the KOL commission. The platform reserves the right the adjust the rebate ratio if the monthly valid user is lower than th...

  Leveraged ETF  is a product that tracks the yield rate of underlying assets (for example BTC) with certain times (3 times). The whole process of leveraged ETF trading: Login MXC Account-ETF- Buy/Sell Step 1:  Login your MXC account by visiting  www.mxc.ai , click “ETF”-“Standard” or “Professional” version, then read and agree with the Risk Disclaimer. Step 2： User can check the available ETF products on ETF trading zone after click “ETF” on the navigation bar.   Step 3:  Select the ETF product that you want to trade on the ETF trading zone, or search it. Here takes “BTC3L” as an example. Step 4:  Users can choose “Limit Order” or “Stop-Limit” to buy or sell on ETF Trading. Limit Order Users can set the buying or selling price, and the orders can be executed when the market price fluctuates to the price set by themselves. Please select “Limit Order”, and enter the “Price” and “Amount”,  then click "Buy BTC3L" or "Sell BTC3L" to place the order. S...

  Leveraged ETF  is a product that tracks the yield rate of underlying assets (for example BTC) with certain times (3 times). The whole process of leveraged ETF trading: Login MXC Account-ETF- Buy/Sell Step 1:  Login your MXC account on App, click “Trade” on the navigation bar and click the trading pair on the left side, then the user can check the ETF trading zone and the available ETF products on MXC.     Step 2:  Select the ETF product that you want to trade on the ETF trading zone, or search it. Here takes “BTC3L” as an example. Step 3:  Users can choose “Limit Order” or “Stop-Limit” to buy or sell on BTC3L/USDT trading page. Limit Order Users can set the buying or selling price, and the orders can be executed when the market price fluctuates to the price set by themselves. Please select “Limit”, and enter the “Price” and “Amount”,  then click "Buy" or "Sell" to place the order. Stop-Limit The trigger price, the order price, and the order amou...

  The content is provided by MXC Fans What is BTC ETF? ETF stands for Exchange Traded Fund, while BTC ETF is an exchange-traded fund that specifically tracks the price of the BTC and allows traders to purchase or sell it. It is managed by institutions that buy and hold BTC. When listed on a traditional stock exchange, users can buy those ETFs like stocks and pay a certain management fee to the fund company. On February 13, Purpose Bi t coin ETF was listed on the Toronto Stock Exchange (TSX), generating a trading volume of $80 million in the first hour and reaching nearly $100 million on the first day. As of February 24, its scale has reached $624 million. On February 19, Evolve Funds ETF got listed on TSX and as of February 24, the scale of the fund has reached $38.245 million. In contrast, the ETF funds similar to BTC Trust set up by the Grayscale Investment Trust have already been listed early in 2013 and have achieved a return of 33771.43%. The BTC trust fund is not a real BTC E...

Recently, the Binance Smart Chain (BSC) project BakerySwap (BAKE) has reached a cooperation with MXC to expand the usage scenario of MXC exchange token MX. It is understood that users who stake BAKE to participate in liquidity mining can get MX rewards, and those who provide liquidity for MX-BAKE can earn BAKE. Previously, MXC Exchange has launched the “MOASIS” program which set up a 5M USDT ecosystem fund to incentivize developers to expand the use cases of MX on different public chains and applications. Those who are qualified are all welcome to sign up for the grant. At  t he same time, MXC has reached in-depth cooperation with Binance Smart Chain BSC and Huobi Eco Chain Heco to expand the application scenarios of the MX token. Cooperation with Binance Smart Chain BSC and Huobi Eco Chain Heco includes: MX will be connected to Binance Smart Chain BSC and Huobi Eco Chain Heco as a cross-chain asset which will be used for lending, liquidity mining, DEX exchange and other scenarios....

  Get 10 USDT when you open a MXC account and 10% Cashback when you Buy/Sell Crypto using a Credit Card or Interact E-transfer   Activity: March 08 – March 12, 2021   How to Participate: Use the P2P platform to buy/sell crypto using Interact E-transfer or Credit Card Cashback in the form of Contract Bonus for Margin Trading Earn up to $200 USDT per person in Contract Bonus e.g: When you buy/sell $500 USDT you get $50 in Contract Trading Open to Canadian users only with KYC (please complete your KYC to participate ) "User Guide" Links  on How to complete KYC & How to use P2P service is given in the below How to Claim & Support: Join our Canadian Telegram channel to claim cashback:  https://t.me/MXCNAandEU  or email us at  supportcanada@mxc.com  to claim your cashback and bonus rewards or for more details 

  MXC will launch a special activity for ETF users at 14:00, March 9. Register for the activity and trade any leveraged ETF can have the chance to split 5,000 USDT in REVV. The details are as follows:   Activity period:  14:00, Mar.9 – 20:00, Mar.10 (UTC+8)   Rules and rewards: Trading Prize During the activity period, user trade any leveraged ETF with trading volume no less than 1,000 USDT can split 5,000 USDT in REVV according to the trading volume.   Sharing Prize During the activity period, registered users trade any leveraged ETFs, share the earning rate poster to social media platform (Twitter, Facebook…) and upload the sharing screenshot to the form, can win 10 REVV airdrop. This activity is limited to 200 users. Upload the screenshot:  http://mxcfutures.mikecrm.com/kZ1KPa3     Note: 1.  Trading Volume = Buy + Sell 2.The airdrop reward will be distributed within 5 working days after the activity ends. 3. Winners shall complete KYC veri...

  I. What is the “MXC Future Star Plan”？ “ MXC Future Star Plan" will work with community KOLs/group leaders to jointly build the MXC ecosystem, and jointly build the influence of the MXC community, and at the same time empower the community to realize traffic monetization and accelerate the development of the blockchain industry.   II. Eligibility for Application 1.Well-known KOL in the blockchain industry, KOL in Twitter or telegram, etc. 2.Users with crypto community groups and user resources 3.Engage in legally compliant industries   III. The Rights for Being an MXC Future Star 1.Higher Referral Commission- The MXC Future Star can enjoy a higher referral commission of MXC contract, spot, leveraged ETF product trading fee rebate 2.Tiered Basic Salary-Monthly basic salary based on performance 3.Irregular Rewards-MXC premium project airdrop 4.Exclusive VIP Service-Professional one-to-one service 5.Special Souvenirs-VIP badge, T-shirt, backpack & handbag, notebooks, e...

BDP(Big Data Protocol) has been listed on MXC Assessment zone at 19:00 (UTC+8), March 7. Deposit BDP to MXC now can share 5,000 USDT price pool. The details are as follows:   BDP Listing Details 1.Deposit and withdrawal: opened 2.BDP/USDT spot trading:19:00, March 7 (UTC+8) 3.BDP/USDT API trading: 19:00, March 7 (UTC+8)   Deposit BDP to split 5,000 USDT giveaway Activity period:  15:00, March 7 - 19:00, March 11 (UTC+8) Rules and rewards:  during the activity period, users who deposit BDP with deposit volume no less than 2BDP can share 2,000 USDT in proportion of the deposit volume; users who deposit BDP with deposit volume no less than 50BDP can share 2,000 USDT in proportion of the deposit volume.   Note: 1. The prize will be distributed within 7 workdays after the promotion ends. Please check it in [D/W history] - [Other records]; 2. Net-deposit = Deposit - Withdrawal; 3. Wash trading and any cheating conducts are prohibited. Otherwise, MXC has the right to d...

Secret Network is an interoperable blockchain infrastructure that aims to enable computational privacy for general-purpose smart contracts. SCRT tokens are native functional tokens in the project network, which are mainly used for token staking, delegation, governance voting and calculating transaction fees. Secret Network adopts DPoS mechanism to reach network consensus. The project’s network nodes are allowed to perform calculations on encrypted data by using Trusted Execution Environments (TEEs), eliminating the need to touch the unencrypted original data. The smart contract in the network can therefore encrypt its own input, output, and state. Based on   Cosmos, Secret Network is the first blockchain with privacy protection smart contracts. On December 15, 2020, Secret Network announced that the cross-chain privacy bridge between Ethereum and Secret was officially launched. On May 28, 2020, Enigma announced that it would rename the original privacy public-chain Enigma to “Secre...

When a trader’s position is liquidated, the position is taken over by MXC Contract liquidation system. If the liquidation cannot be filled by the time the mark price reaches the bankruptcy price, the ADL system automatically deleverages opposing traders’ positions by profit and leverage priority. The price at which a traders’ positions are closed out is the bankruptcy price of the initial liquidated order. The deleveraging priority is calculated by profits and effective leverage, that means the trader uses aggressive trading strategy and gets the most profits will be marked with ADL sequence priority. The ADL indicator light in the center of your order book will sequence (pick the highest) by your all your holding positions of the contract, and send you an ADL early warning.   Priority Ranking Calculation: Ranking = PNL Percentage * Effective Leverage  (if PNL percentage > 0)         = PNL Percentage / Effective Leverage  (if PNL...

  1. What is MXC Index Product? MXC Index Product is a kind of open-ended fund. By buying/selling the shares of index product, users can track the rise/fall of the index and gain average market profit of the index's underlying assets. 2. What is the cryptocurrency of price for index product? Index product, like spot trading, can be seen as s special cryptocurrency which takes USDT as the price unit. 3. What is the initial net value of index product? The initial value of all index products is 1 USDT 4. What is the update frequency of the net value of MXC index product? The net value will be updated in every 5s. The 1min, 1hour, 4hour, 1day curve lines are available for users to check. 5. How the weighting of an index’s underlying assets calculated? The proportion of daily average trading volume of the index’s underlying assets in the last 30 days before the re-adjustment date will be taken to calculate their weightings in the index. As such, the index can reflect the overall market ...

  I. How to create Leveraged ETF API on MXC? 1. Before creating leveraged ETF API, you have to create the API for the spot products first, or the leveraged ETF API will be unavailable.  2. After creating the spot API, please contact our activity support's telegram @celinemxc ( https://t.me/celinemxc ) to apply to create leveraged ETF API. 3. When leveraged ETF API created, you can connect it with BitUniverse to start leveraged ETF grid trading.    II. The steps to create spot API: Step 1: Visit MXC official website:  www.mxc.ai  (or  www.mxc.me ,  www.mxc.com ).   Step 2: Login your MXC account and enter [User Center]   Step 3: Find API tab and click to enter the API creating page.   Step 4:  Enter Memo and click "Create". Then, complete security validation.     Step 5: After security verification, pleae save your Access Key and Secret Key carefully.  Note: The Secret Key will only be displayed once. if lose, it ...