cryptocurrency widget, price, heatmap
Search icon
Search icon
Telegram iconTwitter icon
Share icon
Share page
Cryptocurrencies/Coins/MX Token (MX)
MX Token price, market cap on Coin360 heatmap

MX Token(MX)

Arrow icon
Add to watchlist
$0.853544
(0.92%)
0.00005029 BTC
Market Cap (Rank#219)
$85,354,376
5,029 BTC
Vol 24h
$1,343,963
79.1843 BTC
Circulating Supply
100,000,000
Max Supply
?
1 day agocointelegraph
DEX token GMX rallies 35% after beating Uniswap on trading fees for the first time
GMX's technical indicator hints at a strong correction in December, which may push its price toward $40.
1 day agocryptopotato
Decentralized Exchange GMX Flips Uniswap in Daily Revenue for First Time Ever
Decentralized exchange GMX has seen a material increase since the FTX implosion establishing itself as a notable market contender.
2 days agocoindesk
Perpetuals-Focused Decentralized Exchange GMX Surpasses Uniswap in Daily Fees Earned
On Monday, GMX earned $1.15 million in trading fees, surpassing Uniswap's $1.06 million for the first time on record.
15 days agocryptodaily
How to use CEX trading features on a non-custodial wallet?
How smart contract wallets like Ambire open-up web3 and DeFi without compromising security. With the recent collapse of FTX and BlockFi, as well as other centralized entities like Celsius and 3AC earlier this year, the crypto community seems even more committed to enabling self-custody to everyone and educating the public on its benefits. There are already many public accounts of how the FTX/Alameda scandal and financial predicament came to be, and the ensuing debate has already pointed towards why it happened and how self-custody mitigates such risks. As the DeFi space is doubling-down on efforts to "convert" more and more people to self-custody, we see questions such as: ‘How to use DeFi like a CEX?’ or ‘What are the DeFi alternatives to FTX?’ and ‘How to switch from FTX to a non-custodial wallet?’ raised by the concerned public. In this article we explore how a self-custodial smart wallet can be used instead of centralized exchanges (like Binance, FTX, Crypto.com, Huobi, Kraken, KuCoin etc. ) without sacrificing features. DeFi and Web3 safely, from a smart wallet dashboard Smart contract wallets are at the moment in the spotlight, as many claim them to be both the safest way to crypto security (assets are protected by code and bound to the algorithm of the contract) and the tools to create processes and organizations for a future decentralized society. Smart wallet accounts are in fact smart contracts deployed directly on the blockchain, making them immutable. And the account keys — i.e. the custody of the account— are permanently held by the account user, while the danger of losing seed phrases (common in EOAs like MetaMask or hardware wallets) is abstracted away using sophisticated and hybrid forms of protection such as multisig and social recovery. Our weapon of choice for the day is Ambire, an open-source self-custodial smart contract wallet that focuses on security and UX, while also delivering easy web3 and DeFi engagement. Designed for the EVM space, their recent ‘Own Your Money’ campaign captures the crypto ethos as we’re moving forward from the FTX scandal. Although comparable results can be achieved with other smart contract wallets like Argent or [Gnosis] Safe, Ambire distinguishes itself through its easy on-boarding and overall UX, offering features like email & password sign-up, informative UI or its curated dApp catalog . Registering a self-custodial account with email only One unique feature to Ambire Wallet is that users can securely use email/password to register, so they don't make any UX compromises compared to a CEX; this approach also excludes the need to manage a seed phrase. Pro tip: Use a Trezor or Ledger hardware wallet with Ambire for additional security Another advantage when opening a self-custodial account with smart contract wallets is that users don't need to pass a KYC ("Know your customer") procedure. In Ambire’s case, the sign-up process takes less than 30 seconds, similar to web2 platforms: Buying crypto Users don't need to own crypto to start using smart contract wallets: just like on any centralized exchange, they can top up their account through different methods, such as: Bank wire Credit card Debit card With Ambire Wallet, top-ups are available in EUR, USD, CAD and more currencies, and are supported through 3rd party on- and off-ramp partners. Spot Trading - How to trade with smart contract wallets Users can trade-spot on decentralized exchanges (DEXes) instead of centralized ones (CEXes): funds always remain in their custody, while activity is recorded on-chain and protected against fraud by smart contracts. For a simple market order, users can navigate to the Ambire Wallet Swap tab and choose between thousands of tokens to exchange: How to execute a limit order with smart contract wallets? To execute limit orders on DEXes with smart wallets, users can simply go to the desired platform and connect their wallet through its WalletConnet feature —below the 1inch protocol DEX connected to Ambire Wallet: Pro tip: Users can even engage in P2P trading on 1inch with Ambire Wallet How to trade perpetuals with smart contract wallets? Crypto-savvy users also engage with perpetuals on DeFi, and that’s also possible with smart contract wallets. Similar to the limit order procedure, users need to navigate to the desired trading platform and connect using the WalletConnect feature. With Ambire Wallet, users can use GMX and long or short tokens on the Arbitrum network with up to 30x leverage. Alternatively, they can also try Mycelium or dydx. How to stake ETH with smart contract wallets? CEXes usually offer exposure to staking in DeFi protocols at the cost of staking fees. A preferable alternative for users is to directly connect to staking protocols. With Ambire Wallet, users you can engage in ETH "liquid staking" via Lido Finance Engaging DeFi protocols with Ambire Wallet Ambire offers a curated web3 dApp Catalog, available straight from the user dashboard on the twelve L1 and L2 supported networks. The dApps vary from exchanges to vaults to DEX aggregators, voting and signing solutions or 3D virtual worlds (e.g. Decentraland) and are integrated after security and compatibility validation by the wallet’s team. The dApp Catalog features ParaSwap, CowSwap, Hop Protocol, Sudoswap, AAVE, Balancer, DeFi Saver, Stakewise and many others. How to withdraw crypto to FIAT Some smart contract wallets also have cash-out solutions for crypto. Ambire Wallet allows users to withdraw funds just like any centralized exchange, with the rassuring exception that it cannot freeze user assets. Cashing out is done via 3rd party off-ramp solution Guardarian, with fees starting from 2% (depending on geography and applicable legislation) and limits of up to 15k EUR/monthly. Available currencies include EUR, USD, GBP. Could Smart Contract Wallets be the future? Even though less known than MetaMask or Crypto.com, smart contract wallets are now being recognized as a superior technology from a security standpoint. At the same time, it is clear these types of wallets have already developed tools, features and capabilities able to deliver what users need: apart from guaranteed security, a way to engage, organize processes and social interaction, trade and earn on web3. With so much to be offered to a public in need of security and stability, it remains to be seen if smart contract wallets can become the dominant technology of the decade. Disclaimer As with any type of trading or financial enterprise, users are encouraged to do their own research (DYOR). This article does not constitute financial advice. Using DeFi protocols instead of trading on CEXes comes with inherent risks, although none of them connected to smart contract wallets: Protocol risks Protocol hacks Understanding how protocols work Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
24 days agocryptodaily
MarginX, World's First Community-Based Decentralized Exchange, Launches on Function X Blockchain
Grand Cayman, Cayman Islands, 8th November, 2022, ChainwireMarginX, the world’s first community-based decentralized exchange (DEX), launches on the Function X blockchain today. It runs on a first-of-its-kind multi-chain and on-chain infrastructure that allows investors to trade with close to zero gas fees, ultra-high throughput and liquidity, and full ownership and transparency. During its beta test in August this year, the DEX accumulated a total transaction volume of more than 45 billion USDT. Currently, with a small group of invited users, the number of transactions on MarginX continues to steadily climb past 48 million, with the most updated numbers found on the Function X StarScan (https://starscan.io/). “Today marks a milestone for not just MarginX but the DeFi ecosystem, as we push forth the notion of true decentralization, and uphold the values of community and ownership through our unique DEX infrastructure,” said Dr. Danny Lim, Core Contributor of MarginX. “We are thrilled to be building on the Function X blockchain, as it provides us with the multi-chain architecture and EVM compatibility that sets the right DeFi environment for MarginX and its future DeFi protocols.” MarginX: A Truly Decentralized DEX for the Community As the world’s first community-based DEX, MarginX is committed to being a contributor-driven, fully decentralized blockchain infrastructure. To further elaborate, the DEX can be defined by the following key features: Super Low Transaction Fees MarginX runs on a multi-chain, cross-chain and para-chain infrastructure that allows the platform to handle a throughput of 2,000–20,000 transactions per block, while reducing congestion in the blockchain — thereby maintaining gas fees as low as 0.003 USDT and transaction fees as low as 0.04%. Users Control Their Assets Funds are traded through non-custodial wallets, and all transactions take place on-chain so they are secure, verifiable and transparent. Currently, MarginX supports f(x)Wallet and is designed to support all decentralized wallets (i.e. MetaMask, Trust Wallet) through WalletConnect in the near future. Full Visibility and Access All transactions run on-chain and are recorded on the blockchain. These include not just order matching, creation and cancellation, but also funding rate settlement, liquidation, and governance. Anybody can track and scrutinize these records, forming a fair system of checks and balances. Connecting TradFi and DeFi MarginX lays the foundation for where other DeFi products can be built upon, including stock-based derivatives or traditional financial assets. The DEX allows anyone to design and build their own DeFi products on the blockchain, and offers tools that bridge the old and new traders of the financial world. By the Community, for the Community At MarginX, every stakeholder, whether a developer, community manager, or trader, has a say through its governance framework. The MarginX utility NFT system also determines each user’s voting rights, trading rebates and referral fees, which builds a sense of community, and offers users an additional and perpetual source of yield. In addition, in never-before-seen DEX style, MarginX offers a paper trading platform (https://demo.marginx.io) that runs parallel to its live trading platform. This is to allow new users to learn with ease using test tokens, in order to trade confidently in the real world. “Our goal is to have people think about MarginX as more than just a DEX — it is an entire infrastructure on which DeFi protocols can be built upon,” said Dr. Shin Liang Chin, Core Contributor of MarginX. “The sky is the limit when it comes to future partnerships and developments, and we are excited to be at the helm of such a direction for the industry. We hope to make finance more accessible, more transparent and more secure for everyone through the use of blockchain technologies.” Currently, MarginX facilitates the trading of cryptocurrency-based perpetual contracts for BTC, ETH and FX. In keeping consistent with the values of community and ownership, MarginX will not involve any ICO, IEO, token sale or NFT sale, so as to level the playing field for all. For more information, please refer to our media kit (https://bit.ly/mxmedia) or our website (https://marginx.io). About MarginX MarginX is the world’s first community-based decentralized exchange built on the Function X network, and running via a multi-chain and on-chain infrastructure. It aims to bridge the traditional financial markets and cryptocurrency world by providing a platform where investors can buy, sell and create derivative products of any financial asset, and where every stakeholder has a say in the future of the platform.ContactMarketing & Communications LeadDione [email protected]

About MX Token

The live price of MX Token (MX) today is 0.853544 USD, and with the current circulating supply of MX Token at 100,000,000 MX, its market capitalization stands at 85,354,376 USD. In the last 24 hours MX price has moved -0.004772 USD or -0.01% while 1,407,526 USD worth of MX has been traded on various exchanges. The current valuation of MX puts it at #219 in cryptocurrency rankings based on market capitalization.

Learn more about the MX Token blockchain network and how it works or follow the price of its native cryptocurrency MX and the broader market with our unique COIN360 cryptocurrency heatmap.

MX Token Price0.853544 USD
Market Rank#219
Market Cap85,354,376 USD
24h Volume1,343,963 USD
Circulating Supply100,000,000 MX
Max SupplyNo Data
Yesterday's Market Cap85,315,680 USD
Yesterday's Open / Close0.857929 USD / 0.853157 USD
Yesterday's High / Low0.858268 USD / 0.841885 USD
Yesterday's Change
-0.01% ( 0.004772 USD )
Yesterday's Volume1,407,526 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Community
Arrow icon