AMA Recap — MXC Exchange and Vozblockchain Community

MXC Fans
MXC Fans
Nov 6 · 5 min read

Q1. As an exchange, the level of security is always the most concerned issue. So, what technology does MXC use to ensure safety for users?

A: From platform side:

MXC Exchange lays utmost importance on the protection of user’s asset security. It builds a comprehensive security protection system by the integration of top-notch security technology, experts in cyber security field and an elaborately designed security protection mechanism. In terms of technology, MXC Exchange developed hot and cold wallets in asset storage, as well as three party signature mechanism for asset protection, making assets in MXC Exchange is as safe as in bank’s vault. It holds tight in user’s ID verification and emphasizes the protection of user’s privacy in case of asset loss from personal information leakage. Alongside that, MXC Exchange was established by a group of experts from such world-class companies as Baidu, Shanda, etc. They have built a first-class security technological team. In addition, it has secured coordination with state-of-the-art security corporates such as Chengdu- and Beijing-based Beosion, Zhidao Chuangyu Information Technology Co., Ltd. on trading security, threat information report, asset protection, risk control, security consultation, digital-asset tracking, anti-money laundering, etc. Besides, the security team of MXC Exchange is able to monitor any abnormal trading in 7*24. It has created a defensive system that traps can be set on the route where hackers may pass by. Once the trap is triggered, MXC is able to find it immediately. MXC Exchange also performs drills on simulating DDoS attacks from hackers every week with its partners for the purpose of finding out defensive ways and better protection of the assets on MXC Exchange. Meanwhile, it isolates the key servers of internal network and establishes authority control mechanism in case of information leakage from too high authority of some personnel. It also rolls out audit and monitoring mechanism for all levels of business.

From user side:

User should pay attention to protect self’s account and password. For example, users use the same password on all platforms, and the result is that they are hit by the library, or the insecure factors of their own computers and mobile phones, may cause their important information to be leaked.

MXC will take responsible to any problems caused by MXC platform, users should pay attention as well, we should protect assets secure together!

Q2. Can you explain some details about MX tokens ? Whats the use-case and utilities of MX Tokens and whats the benefits of MX tokens to traders ?

Is MXC has any plans to launch MX token’s Mainnet as well as creating ( DEX ) Decentralized exchange on it ?

A: MX is the proof of rights and interests of MXC trading platform itself. Its total

circulation is 1 billion constantly and never be added. MX holders can enjoy a

series of rights and interests including asset appreciation, supervision, Subscription with discount, MXC IEO, voting to list project, voting of community operation and team election etc. The way to obtain MX token is to purchase on MXC platform or other platforms that list MX token.

As the representative of the rights and interests of MXC trading platform, MX is the cornerstone of ecological development of MXC trading platform and the proof of circulating encrypted digital rights and interests.

At the present time, there are many great plans under construction. We will announce it when everything is complete. Stay tuned for the latest updates.

Q3. Is there a difference between joining PoS with Stable Coin and other tokens? According to MXC, which coin / token should users choose best?

A: STABLE coin, the price usually does not fluctuate and high stability. Different from other tokens there are always a great price fluctuation depends on the needs of the market.

In order to diversify MXC ecosystem and bring more friendly user experience, MXC rolled out PoS program at 12:00 (UTC+8), August 16, to offer more complete and convenient services for all users. Up to now we have 20 projects have participated in PoS.

Pos on MXC includes staking and saving.

“PoS Stakings” means your positions will be locked for a certain period of time if you join the program. You are unable to quit it before mature. Neither can you trade or withdraw in the locked period.

What is “PoS Savings”?

On the contrary to the “PoS Stakings”, “PoS Savings” , in fact, means “unlocked PoS”, i.e. you can join/quit PoS Staking for the currency that MXC supports at any time. Furthermore, trade and withdrawal are available at all times.

Such as USDT, although the main network itself does not have a PoS mechanism. However, its rich application scenario has made USDT have a lot of methods for stable value-added. Therefore, we just added USDT in our PoS program

Q4. There are already many cryptocurrency exchanges So, Why should we choose MXC Exchange ? Which additional Features or facilities MXC exchange provides to users ?

A: Yeah, exactly! There are so many exchanges in the world, especial in bull market year, 2017. But many exchanges disappeared in 2018 as the bear market came. Why MXC can exist through bear market? That shows MXC must have its advantages.

The reasons why people trade crypto are making money, benefits, investment. All MXC doing is to provide good service and products to make sure MXC users’ earnings. MXC Labs, IMX, MXC MARS, Light-up program, Subscription with discount are all to give more profits to MXC users. Many of you here may joined the event MXC had in Ho Chi Minh city on Oct.20 , and we plan to hold Parallel Cities event all over the world. The future of MXC will be bright!

What’s more, MXC exchange are safe, convenient, high yield, and good support (24/7 online).

Q5. An exchange as well as a community element project contributes greatly to the success, so does MXC have community development and marketing programs for the current exchange?

A: MXC’s every decision is made based on MXC users, you can see how much attention MXC has paid to users and communities. We have had many AMA in crypto communities all over the world. We will continue to do and involve more communities that in the future. We always have plan and we are doing that!

We always organize many events, airdrops and bounty for the community, especially the Vietnamese community. In the near future, there will be many interesting programs for the community, we will soon announce. Please pay attention to it.

Quiz:

  1. How many domain does MXC exchange has?

A:03 domains: mxc.com, mxc.co

2. How many MXC MARS session until now?

A: 9

3.How many projects has been joined MXC PoS?

A: 20 (10 joined staking and 10 projects join Saving)

4. What is the name of project for IMX 2nd session?

A: Suterusu (Suter)

5.Which city event MXC- Parallel Cities held in Vietnam?

A: Ho Chi Minh city

6.Can you tell the date of event MXC- Parallel Cities in Ho Chi Minh city in Vietnam?

A: 20/10

7.Does MX token will join Huobi FastTrack Phase 10?

Yes or No

A: yes

8.What’s the time of MXC weekly quiz on twitter?

A: Every Monday

9.How many partners of MXC EOS ecosystem for now.

A:Ten

10.The 8th and 9th MXC MARS are ❓ and ❓ Ecosystem Session

A: TRON and NEO

Follow us

Telegram: https://t.me/MXCEnglish

Twitter: https://twitter.com/MXC_Fans

Reddit: https://www.reddit.com/r/MXCexchange/

Facebook: https://www.facebook.com/mxcexchangeofficial/

Discord: https://discord.gg/zu5drS8

MXC Fans

Written by

MXC Fans

MXC Exchange Community, for latest news, airdrop, activities, bounty. Telegram group: t.me/MXCEnglish

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