MEXC announcement regarding the launch of ILV Leveraged Trading, PoS open position services and API trading functions
MEXC has opened leveraged trading, API trading and PoS holding services to meet users' diversified trading needs. The details are as follows:
[API trading function]
MEXC has now opened the ILV/USDT API transaction function, invite you to experience!
[ILV leveraged transaction]
Online: 22 September 2021 12:30 UTC+8
MEXC launches ILV/USDT leveraged trading pairs, which support 4x leveraged currency trading. The 24-hour lending rates for buy (long) and sell (short) are 0.05% and 0.2%, respectively.
[PoS Holding Service]
1. Minimum quantity of ILV: 0.1 ILV
2. Expected annualized return: 3%. The expected annualized return will be adjusted at any time according to the actual return of the mining pool
3. ILV PoS position income is settled by ILV, daily income = number of ILV positions (annualized rate of return /365)
4. Revenue generation time: Revenue will be calculated 1 day after PoS is opened
5. Take snapshots randomly every day and settle with the minimum daily snapshot position value
6, no need to freeze mortgage assets, trading or withdrawal at any time
7. PoS can be cancelled at any time. If the asset balance is less than the minimum initial investment value or the user cancels the agreement voluntarily, the PoS will be automatically withdrawn and the income will be settled until the day before PoS withdrawal
Web: Log in the homepage of the official website and click "PoS Mining pool" - enter the page of "PoS holding" to participate
APP: Click "PoS Mining Pool" in the middle of the home page - enter the page of "PoS holding" to participate
1. During the lock-up period, assets cannot be traded, withdrawn or unlocked in advance;
MEXC Global Reserves the right to terminate the Event at any time after 14 days.
At present, due to the excessively hot development of some concept plate tokens, bubbles, real demand and speculation exist at the same time. Some projects may have the possibility of development failure, over-commitment, project code bugs and so on. When the market tends to calm down and investors tend to be rational, there will be a return of value, bubble burst and other situations, leading to the fall of the currency price. MEXC once again reminds users that digital assets are a high-risk way of investment. Investors are advised to be cautious in purchasing and pay attention to investment risks. MEXC, as a digital asset trading platform that respects the community, adheres to the principle of "true, transparent and fair" trading and the bottom line of "Don't be evil", and provides users with "safer, more efficient and more reliable" digital asset trading services.
Trade digital assets on MEXC!
Invite your friends to register at the high commission, invite register link: https://www.mexc.com/invite
[Enter MEXC Community]
Chinese telegraph: https://t.me/MEXCtelegram
English telegram: https://t.me/MEXCEnglish
MEXC will continue to provide you with better products and better service!
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