Mdex (MDX) Trading Up 11.8% This Week

Mdex (MDX) traded down 1.9% against the US dollar during the 24 hour period ending at 14:00 PM ET on January 25th. In the last week, Mdex has traded up 11.8% against the US dollar. One Mdex token can currently be purchased for approximately $0.0891 or 0.00000392 BTC on exchanges. Mdex has a total market capitalization of $84.18 million and approximately $18.71 million worth of Mdex was traded on exchanges in the last day.

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

  • Aidi Finance (BSC) (AIDI) traded down 5.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 4.1% lower against the dollar and now trades at $0.0590 or 0.00000260 BTC.
  • CareCoin (CARES) traded down 4.1% against the dollar and now trades at $0.0732 or 0.00000322 BTC.
  • OmniaVerse (OMNIA) traded 1.4% higher against the dollar and now trades at $0.0020 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded down 4.1% against the dollar and now trades at $90.60 or 0.00398993 BTC.
  • Lunar (LNR) traded 4.7% lower against the dollar and now trades at $0.0277 or 0.00000122 BTC.
  • Hokkaidu Inu (HOKK) traded 15.2% higher against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded down 4.1% against the dollar and now trades at $6,359.68 or 0.28006346 BTC.
  • 2G Carbon Coin (2GCC) traded down 0.1% against the dollar and now trades at $135.57 or 0.00597014 BTC.
  • Lego Coin (LEGO) traded down 1.1% against the dollar and now trades at $0.0405 or 0.00000178 BTC.

Mdex Profile

Mdex launched on November 14th, 2020. Mdex’s total supply is 1,060,000,000 tokens and its circulating supply is 944,737,550 tokens. The official message board for Mdex is medium.com/@mdexofficial. Mdex’s official Twitter account is @mdextech and its Facebook page is accessible here. Mdex’s official website is mdex.co.

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 buy alternative cryptocurrencies such as Mdex directly using U.S. dollars. Investors seeking to trade Mdex should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Mdex using one of the aforementioned exchanges.

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