As more and more DeFi tokens come to market, it becomes more difficult to get in on the action early. At the same time, investors have to avoid potential rug pulls. MXC is building up a track record of top DeFi coins listed on its platform ahead of competitors.
MXC Exchange has an Edge
For new tokens, getting listed on exchanges and other trading platforms is often challenging. However, the overall popularity of DeFi has made this process slightly different. It can still take time to see new tokens on these platforms, but some are quicker to act than others. MXC is one such example, with a solid track record to boot.
Listing new tokens ahead of other platforms creates a competitive edge. In the cutthroat business that is cryptocurrency, every advantage needs to be embraced. MXC has done exactly that through some very solid listings in recent weeks and months.
Examples include Bancor Network Token, Wrapped NXM, YFII, YFI, IDEX, and Curve, to name a few. Even SUSHI, YAMv2, SWRV, and CVP were listed quicker. All of these tokens made their way to MXC well ahead of OKEx, Huobi, or Binance. Investors using MXC have been able to stock up on these tokens at lower prices, and reap the benefits afterward.
This approach has benefited investors greatly, but also proves worthwhile for new DeFi tokens. If a project gets listed on MXC, the chance of being listed on bigger exchanges seems to increase, Finding quality products is something the MXC team seems to excel at. It is a very prominent exchange in this regard.
Trading Volume Looks Promising
Making a name for itself as a relatively new crypto exchange is not easy. For MXC, it has been difficult, but the overall trading volume has increased significantly in recent weeks. This is, in part, due to listing promising DeFi coins ahead of the competition. Over 300 currencies are currently available on the platform, resulting in nearly 600 trading pairs.
As a trading platform, MXC also provides exposure to assets such as BLZ3BULL, UNI3BEAR, and so forth. A lot of people are interested in making money based on the future performance of assets. Not having to own said asset is appealing to a lot of people.
In total, over 70 markets generate at least $1 million in daily trading volume, Impressive statistics for MXC, so far.
