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MDX

MDEX

MDX

Live MDEX price in India

₹6.67

14.03%

Currency

MDEX Market Insights

Market Cap

₹0

Fully Diluted Market Cap

₹0

Volume 24H

₹0

Circulating Supply

0 MDX

Total Supply

0

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MDX to INR Converter

Quantity

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MDX

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INR

1 MDEX equals to 6.67 INR

As of Invalid Date

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Things to know about MDEX

What is MDEX?

Introduced in January 2021, The Mandela Exchange or MDEX is an innovative decentralized trading protocol. It utilizes an automated market-making (AMM) system and employs fund pools like traditional Decentralized Exchanges. However, what sets MDEX apart is its dual-chain approach, where it integrates the Ethereum network and the Huobi Ecological Chain (HECO). This design allows MDEX to tap into the liquidity of the Ethereum ecosystem. By operating on the HECO platform, MDEX offers fast transaction speeds, completing token swaps in just three seconds, with an estimated cost of $0.001 per trade.

Things to consider before buying MDEX

The platform requires some technical knowledge to navigate through, which becomes a barrier to widespread adoption.

MDEX competes with Binance and Uniswap.

According to DefiLlama, the total value locked of Mdex is around $30.39m (August 2023)

More than 95 Million out of 1.06 Billion MDX are in circulation. (August 2023)

Reasons to buy MDEX (MDX)

Mdex provides instant transfer of funds.

It uses the hybrid-proof-of-stake consensus mechanism.

Mdex is a multichain decentralized exchange (dex) and has growing adoption.

Since Mdex is on the Heco chain, it does not have the slow transactions and high gas fees associated with Ethereum transactions.

Mdex tokenomics follows a repurchase and burn model, where the circulating supply is decreased to drive up value.

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Toncoin

Reasons to Choose Mudrex to buy MDEX

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Pratik Poddar

Pratik Poddar

Partner, Nexus Venture Partners

Was feeling a bit lost on what to do with the current market conditions but the conversation with Mudrex’s relationship manager was really helpful. Got some genuine, unselfish advice. Highly recommend giving them a call.

Rahul Arkram

Rahul Arkram

Partner, Nexus Venture Partners

Absolutely used to hate updating my crypto portfolio manually. This is a real need that Mudrex is addressing! Big ups👍💯

Frequently asked questions about buying MDEX in India

Have a question that is not answered? You can contact us at help@mudrex.com

How much should I invest in MDEX (MDX)?

Where can I buy MDEX with INR in India?

How much is 1 MDEX (MDX) in rupees?

What are the accepted payment methods to purchase MDEX on the Mudrex app?

Can I buy MDEX with UPI?

How to Convert MDX to INR??

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