Market Cap
$3,023,612.0
Fully Diluted Valuation
$3,429,259.0
24 Hour Trading Vol
$5,578,511.0
Circulating Supply
950,246,686.0
Total Supply
1,060,000,000.0
Max Supply
∞
Mdex (HECO) Price
$0.003235
24h Range
$0.003235 - $0.003235
Percent Change 1h
0.61%
Percent Change 24h
-0.81%
Percent Change 7d
10.22%
All-time high
$10.11
All-time low
$0.002756
1D
7D
1M
1Y
All
Mdex (HECO) is a decentralized exchange (DEX) built on the Huobi Eco-Chain (HECO), which aims to provide a more efficient trading experience through automated market-making (AMM) protocols. Launched in early 2021, Mdex is designed to facilitate the trading of various cryptocurrencies while offering low transaction fees and high liquidity. The platform utilizes a dual-token model, incorporating its native token, MDX, which is used for governance and incentivizing liquidity providers. As of early 2024, Mdex continues to expand its offerings and user base, achieving significant trading volume and market presence.
Mdex was founded by a team of developers and blockchain enthusiasts with backgrounds in finance and technology. Key figures include the pseudonymous founder "Coco," who has a strong track record in the blockchain ecosystem and has previously contributed to other successful projects. The Mdex team emphasizes transparency and community involvement, which is reflected in their focus on decentralized governance through MDX token holders.
Mdex operates on an automated market maker (AMM) model, allowing users to trade cryptocurrencies directly from their wallets without the need for an order book. The platform uses liquidity pools where users can provide liquidity in exchange for trading fees and MDX rewards. Here’s a brief overview of its core functionalities:
Mdex (HECO) offers several use cases that appeal to different segments of the cryptocurrency community:
Ensuring the safety of your Mdex (HECO) assets involves several best practices:
Investing in Mdex (HECO) (MDX) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Mdex (HECO): Once your account is funded, you can purchase Mdex (HECO) directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Mdex (HECO) using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
Mdex (HECO) (MDX) is currently trading at $0.003235 and exhibits good potential for future growth. Check the latest Mdex (HECO) (MDX) price prediction.
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