Mdex Price Reaches $0.0157 (MDX)

Mdex (MDX) traded down 0.4% against the dollar during the 24 hour period ending at 17:00 PM Eastern on August 11th. One Mdex token can now be bought for approximately $0.0157 or 0.00000027 BTC on major cryptocurrency exchanges. During the last week, Mdex has traded down 10.4% against the dollar. Mdex has a market capitalization of $14.96 million and $1.06 million worth of Mdex was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% lower against the dollar and now trades at $0.0128 or 0.00000022 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 up 6% against the dollar and now trades at $0.0566 or 0.00000097 BTC.

Mdex Token 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 Twitter account is @mdextech and its Facebook page is accessible here. Mdex’s official message board is medium.com/@mdexofficial. 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 possible to buy alternative cryptocurrencies such as Mdex directly using U.S. dollars. Investors seeking to acquire Mdex should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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