MDEX

by MDEX

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. 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

Check out Depositing funds Depositing funds from a bank card or cryptocurrency wallet 1
No Withdrawal to bank card Withdrawing money from the account and transferring it to a bank card 0
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
Available markets: BNB, ALTS, ETF 2
Available crypto types: DeFi 1
No Listing Ability to place your own cryptoservices on the exchange 0
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