To bring you a better trading experience and meet your diversified trading needs, MXC launches 1INCH on Margin Trading, API and Pos Lending. The details are as follows:
Fee exemption and trading competition with 5,000 USDT giveaway for API trading
Activity period: 10:00, December 25,-23:59, January 25(UTC+8)
1. Fee exemption: users can enjoy fee exemption for 1INCH/USDT pair via API trading.The trading fee will be refunded once a week.
2. Trading competition: For users who trade through API, the top three users with largest cumulative trading volume can get rewards of 3,000 USDT, 1500 USDT, and 500 USDT respectively.
Click to join MXC API Support group：https://t.me/MXCAPIsupport
1INCH/USDT Margin Trading
MXC adds support to 1INCH/USDT margin trading at 10:00 (UTC+8), Dec.25, with 5x leverage long or short available. The daily loan fee rate for buying long or selling short is 0.08%.
1INCH on PoS Saving
MXC has launched 1INCH on PoS Saving. The details are as follows:
1. Est. Annual Percentage Yield (APY): 3% (dynamic based on real pos yield)
2. The yield of 1INCH will be settled by 1INCH token, and the daily yield = 1INCH position * (APR / 365).
3. The yield will start to be calculated 1 day after joining 1INCH PoS saving.
4. User's 1INCH position will be recorded daily. The minimum position of the day will be used to settle the yield.
5. PoS savings do not require to freeze assets, so withdrawal or trading is available at any time.
6. Users can quit PoS savings at any time, and the yield will be settled 1 day before the quiting date.
7. Participation method: Visit MXC official website/App - PoS Pool - PoS Savings - Find 1INCH and click to join