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Cryptocurrency Trading / NFT Genius Raises $10.5M Series A Funding at $150M Valuation,led by Dapper La

« on: September 21, 2022, 02:10:37 PM »

NFT Genius, a company that delivers NFT projects and marketplace technology, today announced that it has raised $10.5 million in Series A funding at a valuation of $150 million.
The round was led by Dapper Labs, Spartan Capital, Commonwealth Asset Management (CWAM), and Fundamental Labs, with participation from One Football, and Unibanco.
In June 2021, NFT Genius raised a seed round of $4 million backed by Dapper Labs CEO Roham Gharegozlou, Mark Cuban, Ashton Kutcher and bitcoin advocate Anthony Pompliano.

Cryptocurrency discussions / What is CryptoCom (CRO)

« on: August 12, 2022, 05:51:28 PM »

CryptoCom (Trade CRO with mexc.com) was founded in 2016 with the aim of accelerating the world's transition to cryptocurrencies, offering a Crypto.com wallet & card app, buying, selling and crypto, MCO Visa card , a no-annual-fee metal card that pays with the Crypto.com chain. In this article, we will cover the core features and common tokenomics of CRO and how to buy and earn on MEXC.
On January 2nd, 2022, CRO's price (ATH) rose to $0.5864 USD. Since the ATH date, the price of CRO has never been lower than 0.09921 USD on June 18, 2022.

Core Features of CRO

Crypto.com's primary strategy is to use payment solutions as the primary vehicle for driving adoption and user acquisition while building trading and financial services solutions as a primary source of revenue. Several products in the Crypto.com ecosystem support this effort.

Crypto.com Pay. A mobile payment service that lets you pay in and/or receive cryptocurrency anywhere, anytime for free.
Crypto.com Exchange. Trade CRO with mexc.com. Deep order book liquidity in all market conditions with 2.7M TPS matching engine and 50 microsecond core latency.

How to buy CRO?

Looking for a way to buy CRO ? You can purchase CRO on MEXC(mexc.com) following the steps:

Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “CRO” using the search bar to see the available trading pairs. Take CRO/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of CRO you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy CRO] to confirm your order. You will find the purchased CRO in your Spot Wallet.

Waves Forum / What is Waves Tech (WAVES)

« on: August 04, 2022, 04:10:45 PM »

Waves Tech or WAVES Token (Trade WAVES with mexc.com) is a community-based stack of decentralized open-source technologies for building scalable and user-friendly apps. This article describes the main features of the project and how to buy, sell and earn WAVES on MEXC.
WAVES attained its peak price (ATH) of 11.406 USDT in June 2022 after being listed on MEXC in 2022. After a month, it trades at about 5.724 USDT.

WAVES Tech
Waves Token today ranks 91st in the global ranking of cryptocurrencies and is worth $1.4 billion locked in DeFi (USD). The system executes 34.8 thousand transactions daily and has already reached a total of over 263 million transactions.

SIMPLE: Project enables a world of NFTs, DAOs, and other new business models
SCALABLE: Token system delivers extremely fast experiences with extremely low costs.
ECO-FRIENDLY: Team aspires to make the most of blockchain, with a minimal carbon footprint.
OPEN: Bridges other projects for easy interoperability

How to buy WAVES?
Looking for how to buy WAVES? You can freely buy project token on MEXC via following the steps:

Log in to your MEXC(mexc.com) account and click [Trade]. Click on [Spot].
Search “WAVES” using the search bar to see the available trading pairs. Take WAVES/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of WAVES you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy WAVES] to confirm your order. You will find the purchased WAVES in your Spot Wallet.

Cryptocurrency Trading / What is POLYDOGE (POLYDOGE)

« on: July 29, 2022, 04:20:19 AM »

POLYDOGE (Traded POLYDOGE with mexc.com) is the first and only Dogecoin in the Polygon (formerly MATIC) network. Like other Dogecoins, POLYDOGE emphasizes the nature of the community and gives users access to all other projects within the polygon ecosystem. This article describes POLYDOGE's core features, related projects, and general tokenomics (and how to buy and earn POLYDOGE at MEXC).

Recent Polygon Dogecoin Price & Performance
On January 17th, 2022, POLYDOGE's price (ATH) peaked at 0.00000004733 USD. Since the ATH date, BURGER has never been cheaper than 0.000000003088 USD on May 12, 2022.

Core Features of POLYDOGE
POLYDOGE names itself “crypto-from-the-future” both in spirit and technicality.

Instant transactions for fractions of a cent
Environmentally Friendly.
Community-Owned (and Always Will Be)
No Taxes or Burning Mechanisms
Rug-Proof, Liquidity Tokens Burned

How to buy POLYDOGE?

Looking for a way to buy POLYDOGE? You can purchase the Polygon-powered dogecoin on MEXC(mexc.com) following the steps:

Log in to your MEXC account and click [Trade]. Click on [Spot].
Search “POLYDOGE” using the search bar to see the available trading pairs. Take POLYDOGE/USDT as an example.
Scroll down and go to the [Spot] box. Enter the amount of POLYDOGE you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy POLYDOGE] to confirm your order. You will find the purchased POLYDOGE in your Spot Wallet.
For the comprehensive guide on how to buy FIRO and other available tokens, please visit special MEXC How to Buy Guides Section.

Polygon Dogecoin Staking

On MEXC you can periodically stake POLYDOGE and other tokens via MX DeFi event plus other staking products with flexible and fixed APYs. You can check the availability of Polygon dogecoin staking.

Cryptocurrency Trading / Ethereum (ETH) Staking at MEXC

« on: July 28, 2022, 01:11:07 PM »

Trying to make a little ETH without doing too much trading? Just test out our MEXC(mexc.com) Ethereum staking product! We will explain how to stake some of your Ethereum on our exchange in this article.

What is staking and what are the advantages of it?
Many long-term crypto investors (HODLers) are not only sitting in crypto wallets, but also thinking of staking as a way to get digital assets to generate token rewards. Simply put, betting on MEXC is a way to earn rewards by holding a particular cryptocurrency. So now you can start betting some of your ETH and earning rewards! If you want to know more about staking, read on.

How do I start staking my ETH?

Staking is typically accessible to everyone who is interested, and a variety of exchanges, crypto wallets, and platforms provide varied options and APY. You only need to have some cryptocurrency in your MEXC wallet to get started. We provide the following staking products at MEXC:

MEXC DeFi Staking sessions.
ETH staking is currently available for MX-DeFi DeFi staking, so let's explore the benefits.

ETH Staking Options
As we already reported, MEXC is now accepting stakes in ETH. Starting today, you can start earning staking incentives! Please monitor the MEXC staking site for any updates to the estimated annual percentage yields and minimum holding times.

How do I start staking?
It's easy to start betting on MEXC! You have a MEXC account, you have to deposit or buy the crypto you want to bet on, and bet yourself. See the relevant guide to perform these steps.

How to register
How to buy crypto
How to deposit
How to enter staking

MEXC(mexc.com) Staking and MX DeFi offer benefits to users who can hold ETH on MEXC. In addition to ETH, our staking products also offer dozens of different pools for different cryptocurrencies and stablecoins to meet the needs of our users. Therefore, when the user is not trading, in addition to the deposited assets, he / she can receive token rewards that can be earned through holding.

Cryptocurrency Trading / How to Participate in MEXC Launchpad Events

« on: July 24, 2022, 03:01:52 PM »

MEXC(mexc.com) Launchpad provides a token sales platform that provides users around the world with an exclusive opportunity to invest in high value projects using MX tokens. Exclusive offers MX token holders exclusive benefits.

Participation method in MEXC Launchpad
First, you have MX in your Spot account and you need to keep it for 4–5 days. MX tokens can be purchased at the MEXC(mexc.com) Spot Market. Then go to the Lunch Pad page in the top menu bar and select the project you are running
You can see how many people can participate in this event. Please make sure you have enough MX tokens to participate before hitting the join button. After you commit to the pool, the MX token will become temporarily locked.

Allocation = individual committed MX / total committed MX from all participants) * Total number of project tokens sold on Launchpad. MX amount to be deducted = (Final token allocation of participants * Project token * IEO price) / MX average price
Calculation of Participation limit:
Users generally need to hold the position MX Token for 4–5 days, the platform randomly snapshots the user's MX Token position situation in one day, and the average minimum position number in 4–5 days is the number of MX Token that can be invested in Launchpad.
For example, a user holds 1000 MX on one day1, but buys 4000 more MX at the end of Day 1 and holds for days 2–5.
Then the participant limit = (1000 + 5000*4)/5 = 4200 MX
But if the user buys 4000 more MX on day 2 afternoon when the 1st snapshot has already been taken.
Then the participant limit = (1000 *2+ 5000*3)/5 = 3400 MX
You may click on [My MX Position Details] for more information on the snapshots.

Cryptocurrency Trading / Ethereum 2.0 Research

« on: July 19, 2022, 08:27:15 AM »

Ethereum itself has been criticized for its low efficiency and high gas rates. As Ethereum grows in popularity, its users and applications continue to grow. Entering funds and traffic will increase the demand on Ethereum. At the same time, the rise of new public chains is also gaining heavy traffic and users from Ethereum. Trade ETH with mexc.com. Due to the above factors, there is an urgent need to upgrade Ethereum.

Ethereum 2.0
The goal of Ethereum 2.0, also known as Serenity or ETH2.0, is to address the present Ethereum network's scalability and security issues. End of April 2020 saw the introduction of the ETH2.0 testnet, while December 2020 saw the official launch of the ETH2.0 mainnet. Since then, Ethereum 2.0 has been formally launched.

Beacon Chain: Beacon Chain was introduced to synchronize all shard chains and provide consensus to all shard chains. This is an important component and was introduced by Serenity to ensure the exchange of information between shard chains.
Shard Chain: In Ethereum, a node is required for everyone who wishes to assess the Ethereum network. A node is a replica of the complete network that serves a specific purpose. Trade ETH with mexc.com. Shard chains limit the amount of data that nodes must manage, resulting in greater performance. Shard chains only include a portion of the blockchain.

1.From Proof of Work (PoW) to Proof of Stake (PoS)
Ethereum's consensus mechanism is Proof of Work, while Ethereum 2.0 uses Proof of Stake. Ethereum's Proof of Work (PoW) aims to reward miners for creating and validating blocks on the blockchain. However, such a mechanism limits scalability because it requires a certain amount of computing power as the blockchain grows. Proof of Stake (PoS) was introduced to attract more validators. That is, anyone with at least 32 ETH can pay for transaction validation and verification.

2.Ethereum 2.0 has better scalability
Ethereum has always been known as the king of the public chain. Many popular projects such as DeFi in the summer of 2020 and NFT & DAO in 2021 are being carried out on the Ethereum public chain. However, the congestion and high gas prices of the Ethereum network have been criticized by users. Trade ETH with mexc.com. The reason is that Ethereum 1.0 causes lag and congestion because the network can only support about 30 transactions per second. Ethereum 2.0 achieves up to 100,000 transactions per second by implementing a shardchain to solve scalability issues.

3.Ethereum 2.0 will be more secure
Security is also taken into consideration in the Ethereum 2.0 plan. A minimum of 16,384 validators are required to deposit ETH on Ethereum 2.0. This makes Ethereum more decentralized and safer. At the same time, the Ethereum Foundation has set up a dedicated security team to serve Ethereum 2.0 and detect potential network security issues with cryptocurrencies.

Cryptocurrency discussions / What is TerraClassicUSD (USTC)

« on: July 06, 2022, 11:10:41 AM »

TerraClassicUSD (USTC), formerly TerraUSD (UST), is a decentralized algorithm stablecoin on the Terra blockchain. Blockchain renaming and token renaming occurred after the LUNA / UST collapse in May 2022.

Terra Classic Brief Background
To gain a better understanding of Terra Classic, it’s important to understand the brief history of the original Terra blockchain and the Terra Luna collapse in May 2022. Trade USTC with mexc.com.

Terra and Stablecoin
Price fluctuations in the cryptocurrency market create a demand for price stability so that crypto investors can conveniently trade, exchange, or invest. This demand has led to the emergence of a cryptocurrency category called Stablecoin. This is usually fixed in price to traditional fiat currencies, real-world assets, or other commodities such as US dollars, euros, and metals.

Prior to its demise, Terra was an open-source blockchain infrastructure for TerraUSD (UST), an algorithmic stablecoin linked 1:1 to US dollars. In other words, 1 UST should theoretically be equivalent to 1 USD. Users may quickly spend, save, trade, or swap UST thanks to the Terra blockchain.

To estimate this price stability, Terra has developed a "Mint and Burn" algorithm that includes UST and its volatile native asset LUNA. The algorithm can be easily explained as follows:
1.When UST’s price < $1, users and arbitrageurs may send (burn) 1 UST to the system and receive (mint) $1 worth of LUNA.
2.When UST’s price > $1, users and arbitrageurs may send (burn) $1’s worth of LUNA to the system and receive (mint) 1 UST.

For example, in theory, if the UST is below $ 1, the holder will burn the UST to create a $ 1 LUNA and make a profit. As a result, as distribution in the UST market declines, the price of UST rises, and when UST exceeds $ 1, holders burn LUNA to cast UST.

How to buy USTC?
You can buy USTC on MEXC following the steps:

1. Log in to your MEXC account and click [Trade]. Click on [Spot].

2. Search “USTC” using the search bar to see the available trading pairs. Take USTC/USDT as an example.

3. Scroll down and go to the [Spot] box. Enter the amount of USTC you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy USTC] to confirm your order. You will find the purchased USTC in your Spot Wallet.

Incentivised Posting / Shill / How to Buy Avalanche（AVAX）？

« on: June 14, 2022, 04:02:41 PM »

Avalanche is an open-source platform for developing decentralized applications and enterprise blockchain installations in a highly scalable, interoperable environment. Avalanche is the world's first decentralized smart contract platform with near-instant transaction finality, designed for the scale of global banking. Trade AVAX with MEXC Exchange. Because Solidity works out-of-the-box, Ethereum developers can easily build on Avalanche.

AVAX is the local token of Avalanche. It`s a hard-capped, scarce asset this is used to pay for fees, steady the platform via staking, and offer a fundamental unit of account among the more than one subnets created on Avalanche. 1 nAVAX is identical to 0.000000001 AVAX.

Cryptocurrency Trading / 5KM: The Web3 lifestyle APP

« on: June 13, 2022, 10:20:37 AM »

The 5KM Game-Fi

5KM has an in-built Game-fi system that rewards users for making healthier lifestyle choices. The foundation of this Game-fi is the concept of game rewards. NFTs of sneakers are available to users of the app. Users can earn tokens by walking, jogging, trekking, and other activities while wearing these NFTs. Trade RUN5KM with mexc.com. 5KM makes use of Web3 technology to urge people to live more active, sports-oriented lives. The goal is to promote healthy lives while also attempting to adopt effective climate change solutions.

The 5KM team sought to build a community of sports enthusiasts. It seeks to encourage people to exercise and choose healthier lifestyles such as jogging and inventory for environmental activities.

Cardano Forum / What is Cardano (ADA)？

« on: June 09, 2022, 02:27:52 PM »

Investors have taken notice of the developer team's scientific rigor. Over 3.4 million people have registered on the Cardano blockchain, and ADA is the eighth most valued coin. Even better, smart-contract technology was introduced last year, letting developers to create decentralized applications and services on the network. This could lead to a considerable price hike in the following years.

Cardano may be a blockchain keen contract stage fueled by the ADA advanced coin. Trade ADA with mexc.com. The designer group built the ecosystem methodically, distributing in scholastic diaries. Ouroboros, the primary peer-reviewed agreement convention, secures Cardano’s blockchain.

Cryptocurrency discussions / CloudChat(CC)——A social software that focuses on user privacy and security!

« on: June 09, 2022, 09:46:01 AM »

CloudChat Token, a blockchain-based cryptographic social platform and digital pass circulation ecosystem, aims to employ blockchain technology and Web 3.0 protocols to provide underlying protocol support for anonymous mapping communication networks and cross-regional anonymous chats. Trade CC Token with mexc.com. Through comprehensive knowledge and accumulation of the industry, as well as adherence to decentralized ideals and liberalism, the CC Token blockchain social platform will allow to lead an era of anonymous network with asset security and full freedom.

The blockchain social network established by CloudChat(CC Token) allows users to run nodes on their own devices to access network nodes and nodes Real-time interconnection between users, user information is stored in encrypted form on network nodes, forming a distributed cloud.

In this way, CloudChat(CC Token) blockchain social networking has established a completely different operation mode from traditional social networks: Return control of user data and information to individuals and provide incentives for contributing users.

Incentivised Posting / Shill / Is Aave (AAVE) a Good Investment?

« on: June 08, 2022, 01:00:08 PM »

The Aave (AAVE) platform runs on multiple blockchain networks, including Ethereum (ETH), Avalanche (AVAX), Fantom (FTM) and Harmony (ONE). Additionally, the platform uses a decentralized autonomous organisation (DAO) for its operation and government.

Aave is essentially an Ethereum-based money market where users can borrow and lend a variety of digital assets, from Stablecoin to Altcoin. AAVE is the native cryptocurrency of the decentralized financial platform Aave (DeFi). Trade AAVE with mexc.com. Aave allows users to borrow cryptocurrencies or lend assets for interest payments without intervention.

Incentivised Posting / Shill / What is Pyth Network？

« on: June 07, 2022, 04:11:26 PM »

The Pyth network is an Oracle solution dedicated to delay-sensitive financial data, usually behind the "walled garden" of a centralized institution. The project focuses on finding new, cost-effective ways to bring this unique data onto the chain and securely aggregate it. For more information on the Pyth network, see the project website.

As a leading Oracle solution, Pyth works with over 60 major cryptocurrencies and traditional financial institutions to ensure low latency, reliable for the DeFi ecosystem, not only for cryptocurrencies, but also for equities, forex, and metals. Trade Pyth with mexc.com. Provides auditable market data. Pyth does this by encouraging market participants such as trading companies, market makers and exchanges to share directly on-chain price data collected as part of their existing operations. Pyth has exceeded $ 4 billion in monthly trading volume due to exciting projects and protocols that consume Pyth feeds.

Cryptocurrency discussions / Zone of Avoidance — A Rising NFT Game！

« on: June 06, 2022, 04:49:36 PM »

The cosmos becomes your campaign ground in Zone of Avoidance, a PVP/PVE, Play-to-Earn, NFT-based auto battler. Purchase your NFT spaceship, crew it with heroes, and set out on a mission to the Zone of Avoidance from the New Milky Way. As you travel between worlds, you'll come across precious items and combat the locals who will go to any length to protect them.

Synergize your team, equip them with powerful goods, and then choose your fighting formation strategically. Then sit back and watch the action unfold in real time. Upgrade your army as you progress and compete for the best slot in the online Zone of Avoidance rankings, gaining galactic glory and tantalizing gifts.

Zone of Evasion is an auto-battler that pits players against their adversaries. Players control a spaceship that holds their heroes, with a few being upgradable with things. The center objective is basic: beat your adversary with predominant strategies and capacities, collect assets and update your group.