Mdex Price Tops $0.0158 on Major Exchanges (MDX)

Mdex (MDX) traded 0% lower against the US dollar during the 24-hour period ending at 11:00 AM E.T. on August 11th. One Mdex token can currently be purchased for about $0.0158 or 0.00000026 BTC on popular exchanges. During the last week, Mdex has traded 3.2% lower against the US dollar. Mdex has a total market capitalization of $15.02 million and $1.00 million worth of Mdex was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.2% lower against the dollar and now trades at $0.0128 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 1% higher against the dollar and now trades at $0.0567 or 0.00000094 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 950,246,937 tokens. Mdex’s official message board is medium.com/@mdexofficial. Mdex’s official Twitter account is @mdextech and its Facebook page is accessible here. The official website for Mdex 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 currently possible to purchase alternative cryptocurrencies such as Mdex directly using U.S. dollars. Investors seeking to trade Mdex should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Mdex using one of the exchanges listed above.

MDX/USD price chart by TradingView