How to buy & invest in MX TOKEN a step by step guide
By Faren D. 7 min read
Where to buy MX TOKEN
Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase MX TOKEN (MX) in 2022.
Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your MX TOKEN.
1. Huobi Global
Huobi Pro is obviously and trades with lofty goals, as seen by its present aggressive worldwide expansion plan. As a trading platform, the exchange has few competitors in the cryptocurrency sector, and the breadth of digital currencies and tokens supported is a genuine strength. The alternative HADAX market will also earn many followers, and Huobi made a wise decision.
The registration procedure for traders who are not from China, Hong Kong, or Singapore is currently more difficult than ideal, but as local versions of the exchange come up in the United States and other Western countries, this should improve.
Huobi Global Pros
- A wide variety of supported cryptocurrencies.
- Simple to use interface.
- Low Fees for trading on the Exchange.
- Customer service chat is available 24 hours a day, seven days a week.
- Offer buying large amounts of cryptocurrencies on OTC Desk.
- There is an iOS and Android app available.
Huobi Global Cons
- It might not be suitable for novices.
- Hard to verify new accounts (KYC take some time).
Getting Started with Huobi Global
To create an account on Huobi Global Exchange follow these steps:
Step 1: Go to the official website and On the top right of the page, click "Sign up."
Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."
Step 3: To complete registration, enter the verification code.
Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.
Other Exchanges to buy MX TOKEN
Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy MX.
Buy MX TOKEN on Decentralized Exchanges.
Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy MX TOKEN (MX) easily.
1. Uniswap (v3)
Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.
The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.
Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.
How to buy MX TOKEN on Uniswap (v3)
In this section, we'll go through below steps on how to make your first MX TOKEN purchase on Uniswap.
Uniswap allows you to buy MX TOKEN (MX) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).
Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.
Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case MX TOKEN), You can also search MX TOKEN (MX) in Coinmarketcap and copy/paste the MX contract in uniswap.
Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.
Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.
Conclusion
Choosing the best cryptocurrency platform for MX TOKEN (MX) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.