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Cryptocurrency News Articles

MEXC Unlocks New Benefits for MX Holders as Price Climbs Nearly 50% Within a Month

Dec 12, 2024 at 09:41 pm

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.

MEXC Unlocks New Benefits for MX Holders as Price Climbs Nearly 50% Within a Month

Cryptocurrency platform MEXC has announced new benefits for MX token holders as the token surged nearly 50% in a month.

The development comes as MEXC carries out 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 13:00 (UTC). This strong recovery has put MX in the spotlight in the platform token market.

Enhanced Benefits for MX Holders

Starting 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 USD 137 million, representing an average of 192 airdrops and USD 11.42 million per month. Based on holding 1,000 MX and the November 30 closing price, the cumulative annualized return reached up to 71%.

Holding MX offers significant reductions in trading fees. Here's a breakdown:

20% Fee Deduction Option: Users with less than 500 MX can still benefit from an 20% fee deduction using MX holdings.

For detailed fee structures and personalized rates, please visit >>>

Up to 70% Commission Rebates

Conditions to achieve a 70% rebate include(fulfilling either criterion):

Inviting new users also increases the “kickstarters” airdrop multiplier, providing additional avenues for rewards.

More details:

https://www.mexc.com/invite

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 MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ 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. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website| X | Telegram |How to Sign Up on MEXC |Supercar Giveaway

News source:captainaltcoin.com

Disclaimer:info@kdj.com

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Other articles published on Dec 13, 2024