MDEX Token ($MDX) Lists on Binance and Enters Top 100 Rankings on Coinmarketcap

Posted by Dinesh Kumar on May 27th, 2021

The leading decentralized cross-chain trading protocol MDEX.COM has pulled off quite the coup, with its MDX token listing on top exchange Binance and its entry into the Top 100 rankings on Coinmarketcap.

In the last 24 hours, the MDX trading volume is USD 87 million and $MDX is currently priced at USD 1.89. Its live market cap is USD 780 million and besides Binance, is presently trading on Huobi Global, Gate.io, MXC.COM and others.

Exchange Giants Collaborate Once More

Leading CEX (centralized exchange) Binance needs no introduction. Formed in 2017, Binance is the largest cryptocurrency exchange in the world in terms of trading volume.

This is not the first collaboration between Binance and MDEX. On April 8, the previously HECO-based DEX integrated the Binance Smart Chain (BSC) network and within two hours, reported a TVL (Total Value Locked) of more than USD 1.5 billion.

MDEX’s successful launch on BSC and its subsequent, massive trading volumes are integral to the Binance decision to list the $MDX token on its trading platform. $MDX can be traded under the following token pairs - MDX/BTC, MDX/BNB, MDX/BUSD and MDX/USDT.

For more info about MDEX, visit the official website: https://mdex.com/#/