How to Earn Passive Income on MEXC Crypto Exchange

MEXC Crypto is a cryptocurrency exchange that emerged in the financial market in 2018. Over this time, the company has actively expanded and gained popularity among users worldwide. This exchange provides its clients with a wide range of opportunities for cryptocurrency trading. MEXC Crypto focuses on international market, evidenced by the multilingual interface of its official website, translated into 18 languages. The company’s main office is located in Singapore, where it is also regulated.

MEXC Crypto exchange plays an important role in the cryptocurrency market, offering users access to a wide array of trading tools and cryptocurrency pairs. Additionally, it provides the opportunity to earn passive income using various tools and programs, which we will explore in this article.

MX Zone

On MEXC Crypto platform, the MX token plays a key role, granting users access to a range of privileges and opportunities within MX Zone program. MX is the native token of MEXC platform, with a variety of use cases. It is utilized in different scenarios such as Launchpad, voting for new token listings on Kickstarter, and reducing trading fees. A key aspect of program is the quarterly burning of 40% of MEXC’s profits to maintain the token’s circulating supply.

How to Earn Rewards Holding MX Tokens

Holding MX tokens unlocks various privileges and opportunities. The platform hosts exclusive events for MX holders, where they can participate in airdrops and receive additional rewards. MX Zone program enables earning additional income and accessing various privileges, such as increased commission rates and zero commission on spot accounts when holding a certain amount of MX tokens.

Examples of Earnings and Benefits

Participating in MX Zone program can yield significant earnings and benefits for MX token holders. For instance, holding 1,000 MX tokens for 30 days allows participation in Launchpad and Kickstarter events, receiving 120+ free airdrops monthly. Moreover, token holders can enjoy zero commission on spot accounts and earn up to 70% commissions by inviting friends.

Launchpad and Kickstarter

Launchpad and Kickstarter on MEXC Crypto are platforms that allow users to join new projects and acquire tokens from these projects. New projects can present their ideas and products to the cryptocurrency community. Here, investors can purchase tokens from new projects and gain opportunities to participate in their development and success.

How to Participate in Launchpad and Kickstarter

To participate in Launchpad and Kickstarter on MEXC Crypto, follow these steps:

• Purchase: Acquire at least 1,000 MX tokens on the platform.
• Hold: Maintain MX tokens for a minimum period of 30 days.
• Apply: Click “Quick Apply” button to participate in the event and receive airdrops of new tokens. It is important to note that MX tokens will not be locked during the event.

Listing Deposit

A Listing Deposit is an event on MEXC platform that allows users to deposit tokens for the listing of new tokens and share rewards after the listing. This helps projects gain a wide audience and ensure liquidity for their tokens on the exchange. To participate in deposit events and share rewards in MX tokens, users must follow these steps:

• Deposit specified tokens into your MEXC account as per the event conditions.
• Support listing.
• Share rewards. After successful token listing, users who deposited tokens will receive their share of reward tokens according to event conditions.

Savings

On MEXC Crypto, “Savings” feature enables users to earn income from their cryptocurrency assets in a simple and secure manner. Savings on MEXC Crypto include two types of products: “Fixed Savings” and “Perpetual Savings”. Fixed Savings involve locking assets for a specified period, while Perpetual Savings allow users to earn income without time restrictions.

Users can stake their cryptocurrency assets to secure them in DeFi products. Income accrues after staking activation, which users can start receiving the next day. Perpetual Savings can be cancelled at any time, and earnings are calculated up until the cancellation date. Savings on MEXC Crypto offer users several advantages:

• Flexibility and liquidity. Perpetual Savings allow flexibility in asset management, while Fixed Savings ensure long-term capital preservation.
• Ease of use. Users can easily start earning income by staking their assets on MEXC Crypto.
• Security. The savings feature provides a secure way to protect and grow cryptocurrency assets.

Compared to traditional methods, savings on MEXC Crypto offer investors a new level of flexibility, liquidity, and income potential from their cryptocurrency assets.

MEXC Loans

MEXC Crypto has introduced a new feature – MEXC Loans. This involves collateralizing one cryptocurrency to borrow another for use in spot trading, derivatives, investment purposes for higher returns, or withdrawals. MEXC Loans provide users with instant access to loans against their crypto assets. This new feature opens additional financial instruments for traders and investors.

How to Obtain an Instant Loan Against Cryptocurrency Collateral

The process of obtaining a loan on MEXC is simple and fast. Users can apply for a loan, receive it, repay with interest, and retrieve collateral assets. To do this, users must be registered on MEXC and have collateral assets in their spot account. Examples of Loan Uses and Their Benefits:

• Spot market trading. Loans can be used to increase trading capital and improve trading strategies.
• Derivatives investments. Borrowed funds can be directed into derivative investments for additional profit.
• Obtaining liquidity. Loans can be used to withdraw funds without needing to sell cryptocurrency assets.

MEXC Loans provide a convenient and flexible way to use cryptocurrency assets, enabling users instant access to additional funds.

Conclusion

Passive income is becoming increasingly attractive in today’s world of financial investments, and the MEXC Crypto platform offers diverse and reliable methods to achieve it. MEXC Crypto stands out among other platforms thanks to:

• A wide selection of financial instruments. The service offers numerous earning methods, allowing investors to choose optimal strategies based on their goals and preferences.
• A transparent and secure environment. MEXC Crypto ensures a high level of security and transparency in operations, enabling users to feel confident when using the platform.
• User-friendly interface. The platform’s interface is intuitive even for beginners, making the investment process easy and accessible.

For investors seeking passive income, MEXC Crypto provides many opportunities to diversify portfolios and maximize returns. It’s recommended to explore each of the presented methods and choose the one that aligns with your investment goals and risk tolerance. It’s also important to conduct your own research and risk assessment before making any investment decisions.

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