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What is Mdex?

Mdex (MDX) is an Automated Market Maker (AMM) and Decentralised Exchange (DEX) on Binance Smart Chain and Huobi ECO Chain.

  • Through the use of dual incentives of liquid and transaction mining, users can increase their returns on the platform.
  • Mdex seeks to integrate DEX, Initial Model Offering (IMO) and Decentralised Autonomous Organisation (DAO) technology, to provide a one stop DeFi platform for users.
  • MDX token is used for network governance, protocol incentivisation, staking and participation in IMOs.

The team are working to build a platform that focuses on scalability to resolve congestion issues experienced on other DEX platforms, which lead to high fees and slow transaction speeds.

How do I swap Mdex?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Mdex

Why Should I Trade MDX with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Mdex no matter what your trading experience is. Unlike other international and Australian Mdex exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Mdex with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Mdex how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Mdex?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Mdex for free.

Cold Storage

If you are holding Mdex as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Mdex. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Mdex. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Mdex has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Mdex is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Mdex exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Mdex & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Mdex safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Mdex portfolio here.
Yes! With CoinSpot you can convert your Mdex to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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