Mdex Achieves Market Capitalization of $86.07 Million (MDX)

Mdex (MDX) traded 0.6% higher against the U.S. dollar during the 1-day period ending at 19:00 PM ET on January 25th. In the last week, Mdex has traded 15.9% higher against the U.S. dollar. One Mdex token can currently be bought for approximately $0.0911 or 0.00000394 BTC on cryptocurrency exchanges. Mdex has a market capitalization of $86.07 million and approximately $13.53 million worth of Mdex was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded 2.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 3.7% against the dollar and now trades at $0.0611 or 0.00000264 BTC.
  • CareCoin (CARES) traded 3.7% higher against the dollar and now trades at $0.0759 or 0.00000328 BTC.
  • OmniaVerse (OMNIA) traded 21% lower against the dollar and now trades at $0.0016 or 0.00000007 BTC.
  • Kitty Inu (KITTY) traded 3.7% higher against the dollar and now trades at $93.95 or 0.00406323 BTC.
  • Lunar (LNR) traded down 2.6% against the dollar and now trades at $0.0278 or 0.00000120 BTC.
  • Hokkaidu Inu (HOKK) traded 11.6% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,594.55 or 0.28520853 BTC.
  • 2G Carbon Coin (2GCC) traded 0.3% higher against the dollar and now trades at $135.76 or 0.00587151 BTC.
  • Lego Coin (LEGO) traded 5.7% lower against the dollar and now trades at $0.0406 or 0.00000176 BTC.

Mdex Token Profile

Mdex was first traded on November 14th, 2020. Mdex’s total supply is 1,060,000,000 tokens and its circulating supply is 944,744,325 tokens. The official website for Mdex is mdex.co. Mdex’s official Twitter account is @mdextech and its Facebook page is accessible here. Mdex’s official message board is medium.com/@mdexofficial.

According to CryptoCompare, “Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem and supports the dual mining mechanism of liquidity and transactions.”

Buying and Selling Mdex

It is usually not possible to purchase alternative cryptocurrencies such as Mdex directly using U.S. dollars. Investors seeking to trade Mdex should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Mdex using one of the exchanges listed above.

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