MDX (Mdex)

Mdex is an automatic market-making decentralized exchange based on the Huobi Eco-Chain and Ethereum’s fund pool concept.

How to buy MDX (Mdex) on Huobi?

Follow the easy 4 steps below to buy MDX (Mdex) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and MDX (Mdex) derivatives trading.
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What is MDX (Mdex)?

Mdex is a decentralized trading product that automatically makes markets based on the concept of capital pools. As a fully functional DEX, Mdex has proposed and implemented a dual-chain DEX model based on the Huobi Ecological Chain and the Ethereum public chain. Combining the advantages of the low transaction fees of the Huobi ecological chain and the prosperity of the Ethereum ecosystem, it supports the “dual mining mechanism” of liquidity mining and transaction mining.

Mdex is committed to building a DeFi platform integrating DEX, IMO, and DAO on the Huobi ecological chain Heco, to provide users with a more secure and reliable decentralization, more diversified asset selection and configuration, and higher expected return on investment Token exchange service.

The total supply of Mdex’s platform token MDX is about 1 billion, of which 10% is used as a team reward for team operation, technology research and development, etc., and it will be unlocked in 24 months of smart contracts one month after going online. 7% is used as an early investor share to provide more sufficient and beneficial funds and resources for the development of Mdex; 3% is used for market promotion and brand building; all are unlocked in twelve months after going online. The remaining 80% is used for liquidity mining and transaction mining on Heco.

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