Starting now, wallets are open and you can begin depositing MCB into your Poloniex account and posting limit orders for MCB/USDT. Full trading for MCB will be enabled later today.
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MCB Stats Price: $4.58
Market Cap: $5,385,404
Market Cap Rank: #484
24hr Trading Volume: $1,135,599
7d High / 7d Low: $4.03 / $6.92
All Time High: $15.75 (July 24, 2020)
All Time Low: $1.15 (July 13, 2020)
Circulating Supply: 1,177,716 MCB
What is MCDEX? MCDEX is one of the first DeFi derivatives exchanges. The mission of MCDEX is to make investing in DeFi more accessible by creating a secure and easy-to-use blockchain-based decentralized financial platform. Their main product is their Decentralized Perpetual Contract which they say is their most important underlying asset for providing financial services. The maximum leverage of the MCDEX perpetual contract is 10x. MCB, MCDEX’s native token, is used for voting purposes, to capture value from trading, to provide AMM liquidity, and to take on some of the liquidation risk from their traders. MCB is listed as an ERC-20 token on Poloniex. Deposit MCB now and begin trading.
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was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.