More

    MDEX Token ($MDX) Lists on Binance and Enters Top 100

    SINGAPORE, May 27, 2021 (GLOBE NEWSWIRE) — The leading decentralized cross-chain trading protocol MDEX.COM has pulled off quite the coup, with its MDX token listing on top exchange Binance and its entry into the Top 100 rankings on Coinmarketcap.

    In the last 24 hours, the MDX trading volume is USD 87 million and $MDX is currently priced at USD 1.89. Its live market cap is USD 780 million and besides Binance, is presently trading on Huobi Global, Gate.io, MXC.COM and others.

    Exchange Giants Collaborate Once More

    Leading CEX (centralized exchange) Binance needs no introduction. Formed in 2017, Binance is the largest cryptocurrency exchange in the world in terms of trading volume.

    This is not the first collaboration between Binance and MDEX. On April 8, the previously HECO-based DEX integrated the Binance Smart Chain (BSC) network and within two hours, reported a TVL (Total Value Locked) of more than USD 1.5 billion.

    MDEX’s successful launch on BSC and its subsequent, massive trading volumes are integral to the Binance decision to list the $MDX token on its trading platform. $MDX can be traded under the following token pairs – MDX/BTC, MDX/BNB, MDX/BUSD and MDX/USDT.

    Can $MDX Replicate its DEX Success?

    An AMM (automated market maker) DEX on both HECO and BSC, MDEX aims to create a high performance DEX ecosystem as well as provide multi-chain support.

    Back in February – March, just slightly over a month after it launched yield farming on its platform, MDEX managed to surprise the entire DEX space when it captured major market share, beating industry titans like Uniswap and Sushiswap. Implementing a dual mining strategy that includes both liquidity and transaction mining, the DEX has continually managed to sustain its lead in the market.

    Traders are keeping an eye on the MDX token should things move fast. The maverick token is currently on more than 90,000 watch lists on Coinmarketcap.

    For more info about MDEX, visit the official website: https://mdex.com/#/

    MDEX Official Channels:

    Twitter: https://twitter.com/Mdextech
    English Telegram: https://t.me/MdexEN
    Chinese Telegram: https://t.me/MixDex
    Medium: https://mdex.medium.com/

    Media Contact
    Cecilia Wong, yourPRstrategist.com
    cecilia@yourPRstrategist.com
    +65-91826605

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Crypto is the ‘top contender’ for correction, money managers say, Invest News & Top Stories

    NEW YORK (BLOOMBERG) - By many counts, 2021 was the year cryptocurrencies were finally embraced by institutions. Now those same money managers say the...

    Crypto markets recover, but BTC could ruin the party

    Bitcoin price continues to...

    Vietnamese blockchain-based game hub Whydah bags $25m funding

    Vietnamese blockchain-based game hub Whydah has raised $25 million in a funding round, aimed at helping game studios apply blockchain technology, according to an...

    Newsletter

    Subscribe to stay updated.