MDEX

by MDEX
Write a review Ask a question

A decentralized exchange based on Huobi and Ethereum blockchain.

MDEX description

MDEX is a decentralized exchange based on the principles of liquidity pools and market making. Artic​le from company cryptodefix.com. The exchange is based on two blockchains - Ethereum and Huobi Heco. MDEX launched in January 2021. Users can swap cryptocurrencies, participate in liquidity pools, get passive income due to staking.

Users need to connect a web3-wallet to work with the exchange. After that users will receive access to basic functions of the exchange: swap cryptocurrencies, participate in pools of liquidity and do staking. To swap cryptocurrencies, the user must have Huobi tokens to pay fees. In order to add a cryptocurrency to the liquidity pools, two tokens must be deposited in equal shares, after which users will earn a percentage of the commissions.

MDEX has its own MDX token. It is used to secure loans and is a lending tool. The MDX token can be used for staking, paying fees on the exchange with it. Users who have a large amount of MDX can also manage the project ecosystem by voting on it.

MDEX specifics

  • Cryptocurrency swap
  • Participation in liquidity pools
  • Staking
  • High security
  • Low fees up to 0.30%
  • High annual user returns on pools

MDEX features

Exchanges

Forms of trade: Spot trading 1
Check out Transaction protection Protection of transactions from scam and other types of incorrect actions 1
Check out Currency converter Currency converter integrated into the exchange 0
No Listing Ability to place your own cryptoservices on the exchange 0
Number of assets: 46 0
Cryptocurrency pairs: 746 0

Decentralized exchanges (DEX)

Check out SWAP 0
Check out Liquidity pools 0
Check out Liquidity farm 0
Minimum fees: 0.3 0
No Staking 0
No Borrowing 0
No Lending 0
Reviews
0
No reviews

Have you used the MDEX crypto project? Leave a review to help people make a decision.