Mdex Price Tops $0.0007 (MDX)

Mdex (MDX) traded down 1.6% against the U.S. dollar during the 1 day period ending at 12:00 PM ET on January 16th. One Mdex token can now be bought for approximately $0.0007 or 0.00000001 BTC on popular exchanges. During the last week, Mdex has traded 5.3% lower against the U.S. dollar. Mdex has a market capitalization of $680.70 thousand and $2.43 thousand 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 down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $94,793.02 or 0.99857235 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Mdex Profile

Mdex launched 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. The official website for Mdex is mdex.co. Mdex’s official Twitter account is @mdextech and its Facebook page is accessible here.

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 presently possible to buy alternative cryptocurrencies such as Mdex directly using US dollars. Investors seeking to acquire Mdex should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Mdex using one of the exchanges listed above.

MDX/USD price chart by TradingView