Reading Bigen｜Matcha MEXC exchange walks and jumps, cashes out OSMO and slaps wool

A few days ago, the Chihuahua token (HUAHUA) was listed onMEXC . It turned out that this was the “ Matcha ” exchange mentioned by friends from time to time. I went into the pit to test the water temperature and played for a few days, and I attached my experience.

■ Reasons for entering the pit

After a few days of experience, I summarized some features, or what attracted me ( hooked ):

• Large scale <br class="smart">Although I have no idea about the centralized exchange (Centralized Exchange, CEX), its transaction scale is quite large (according to CoinMarketCap statistics at the time of writing, MEXC ranked 20th, more than Liquid at No. 21 is almost eight times bigger; DigiFinex, which is often heard by the community, is at No. 56, and Taiwan's largest MAX is No. 63), and still has an account.
• Using <br class="smart"> to do KYC (Know Your Customer) without authentication is only to increase the daily withdrawal limit, otherwise the daily withdrawal cannot exceed 40 BTC . It is too inconvenient to only give such a quota , so I completed the primary certification, just upload the photo of the ID card, and I don't need to take a selfie with a piece of paper, which is friendly and simple.
  

• A new channel for managing OSMO tokens <br class="smart">The article on the speculative layout JunoNetwork airdrop mentioned that OSMO tokens launched trading pairs (OSMO/USDT) in MEXC, that is, what you farmed in Osmosis OSMO, in addition to taking the pledge on the spot, or exchanging currency, now has a new channel for "direct disposal" .
  
  In the past, OSMO was first converted into ATOM (for example), and then ATOM was transferred to a centralized exchange and sold into USDT, which incurred two transaction costs ; now, the harvested OSMO can be directly sent to MEXC to exchange for USDT, Save two procedures (fees), really fragrant!

• Low-risk financial management <br class="smart">In the trading strategy chapter of "The Golden Rule of Bitcoin Investment ", a profit method of " Deal Hunter " is mentioned, which can be implemented in MEXC, which will be discussed in detail later. .

At this point, if you are like me and have a little interest in opening an account with MEXC, you can use my promo code, and both parties will enjoy a discount on handling fees.

⚠️ Read Bigen'sMEXC invitation link to register.

■ Security Settings

Assuming that you have already registered for MEXC, in fact, any centralized transaction is the most important thing. The first task is to strengthen the security level in the background first. The path is to click on the avatar on the upper right → enter [ Security Center ], I have opened all the menus, and one more Steps, more peace of mind.

■ Low-risk financial management (rolling wool) experience

/stored value USDT/

Because MEXC has a novice task of "deposit 200 USDT" to receive contract bonuses, I grabbed NT$6,000 for testing; I found that the fee for remitting USDT from BitoPro (via the TRC-20 network) is 2 USDT, But friends told me that the handling fee for the same move from MAX is zero, so I also settled in MAX.

⚠️ Read Bigen's MAX invitation link to register.

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Click Assets on the upper right → enter [ Funding Account ], which reflects the combination of cryptocurrencies you hold, and the recharge/withdrawal is completed here; I have to mention [ Fund Records ], and write every transaction in detail, I like this Refreshing and transparent presentation.

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/Exchange platform currency MX/

Before you want to "roll wool", you must prepare a "wool shears". This shears refers to the exchange of platform currency MX . Click [ Market ] on the upper left → find the MX/USDT trading pair → enter [ Trading ]; pending order transaction After that, I just learned and used it now. I went to the [ Fund Account ] mentioned in the previous paragraph to check, and I got 129.42 "Matcha Coins".

The next operations, conceptually, are to bind MX for a short period of time (ranging from 8 hours to several days), and then get new coins to be distributed .

In any case, the "quantity" (the amount of MX) of your wool shears will not be affected, so the risk is relatively low, but it will not be zero. After all, the "cost" (the exchange price of MX) of each person to obtain shears is different. The principal may fall in price and may also rise. In my case, the critical line is 1.63 MX/USDT.

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/Actual experience/

After clicking [ Finance ] in the upper left middle, you will see:

✅ sunny

The concept is that when the new currency is going to be listed on MEXC, users with a certain threshold are required to agree, and they must temporarily stake the platform currency in exchange for one coin to vote for one vote ; of course, no one will do white work, and the project party will offer a certain amount of new currency. (If the case is passed) Distributed by airdrop according to your stake.

There are such activities almost every day. It starts around noon and ends in the evening. The deposit does not stay overnight. Therefore, it is no longer suitable to describe it as " sunshine ". The live MX will fall into the "Freeze Amount" field, and within about 15 minutes after the event ends, it will be included in the "Available Balance" field together with the new currency.

In particular, pay attention to the "start and end time" when the sun is shining. Sometimes, the end times of different sessions on the same day may be staggered. This means that when you finish session A, once you get your deposit back, you can immediately reinvest in session B. Adding your stake before the end of the event counts, and it is a small blessing to participate in two games a day.

🔥 The sun is shining and the deposit will not stay overnight, and share the SGD airdrop pool.

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✅ MX-DeFi

What catches the eye are several "head mining machine gun pools", indicating that these mining pools do not exist for a long time (about three days), and then they are introduced with new ones and deployed with high mobility.

Whether you throw MX or new coins into the pledge, you will get new coins (APY is different) , other rules are similar, you will not feel unfamiliar, and the webpage is very clear.

• After 1 day of lock-up, it can be unlocked at any time.
• Wait 2 hours after unlocking, and the frozen amount will be released.
• Lock up for up to 3 days.

If you participate in the sunshine during the day and put it into the machine gun pool at night, because once you enter the pool, the principal will be locked for at least 26 (24 + 2) hours to jump, and the next day will be sunny, so you can simply tie it for a longer time. The script is as follows:

🔥 Sunshine + Gun Pool
DAY 1 Day: Participate in the sun.
DAY 1 night: Throw in the machine gun pool.
DAY 2 All day: Continue binding.
DAY 3 Daytime: After unbinding at the exact time (including the 2 hours), participate in the sunshine.

Repeat the above process….

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By the way, for these "wool" from the sun-drenched/machine gun pool, the value of a single currency must be at least 5 USDT before it can be placed in the [ Market ] pending order, otherwise it must be punished through the "Small Asset Exchange" button in the [ Funding Account ] , convert it into MX and add it to the principal to increase your "Wool Shearing" amount.

If the scale of "wool shears" is more than 2000 MX, it will be easier to reach the daily threshold of 5 USDT pending orders. At this time, there is an extra flexibility, and you can permanently exchange "wool" for stable coins.

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✅ M-DAY

M-DAY is a "lottery decision" to subscribe for new coins.

It will be held irregularly. The detailed rules can be found on the MEXC official website . The larger the trading volume/the number of MX held by the user, the more tickets they will get . 500 MX to get a lottery .

🔥 M-DAY
Lottery to subscribe for new currency, the principal is over 500 MX.

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✅ Launchpad

Launchpad pledges platform currency, and finally subscribes new currency according to the "share ratio".

The frequency of the event is lower than that of M-DAY, so I have a look at the previous projects indexed from the NEXC official website , and take a look.

■ Epilogue

To sum up the above, this article first explains the four reasons for entering theMEXC pit, especially the new pipeline for managing OSMO tokens , which is eye-catching.

Based on curiosity, I will test the water temperature and enter the "Wool" experience . If you do not plan to subscribe for new coins, it is recommended to alternate operations of "sunshine + machine gun pool", which is a low-risk (but not zero) currency circle financial management method.

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