To bring you a better trading experience and meet your diversified trading needs, MXC launches RIF on Margin Trading, API and Pos Lending. The details are as follows:
Fee exemption for API trading
Activity period: 13:00, January 7,-23:59, February 7(UTC+8)
Activity rules: Users can enjoy fee exemption for RIF/USDT pair via API trading. The trading fee will be deducted first and then refunded. The trading fee will be refunded once a week.
Click to join MXC API Support group：https://t.me/MXCAPIsupport
RIF/USDT Margin Trading
MXC will add support to RIF/USDT margin trading at 14:30 (UTC+8), Jan.7, with 5x leverage long or short available. The daily loan fee rate for buying long or selling short is 0.08%.
RIF on PoS Saving
MXC has launched RIF on PoS Saving. The details are as follows:
1. Est. Annual Percentage Yield (APY): 3% (dynamic based on real pos yield)
2. The yield of RIF will be settled by RIF token, and the daily yield = RIF position * (APR / 365).
3. The yield will start to be calculated 1 day after joining RIF PoS saving.
4. User's RIF position will be recorded daily. The minimum position of the day will be used to settle the yield.
5. PoS savings do not require to freeze assets, so withdrawal or trading is available at any time.
6. Users can quit PoS savings at any time, and the yield will be settled 1 day before the quiting date.
7. Participation method: Visit MXC official website/App - PoS Pool - PoS Savings - Find RIF and click to join