To bring you a better trading experience and meet your diversified trading needs, MXC launches LON on Margin Trading and Pos Savinging. The details are as follows:
LON/USDT Margin Trading
MXC adds support to LON/USDT margin trading at 9:30 (UTC+8), Dec.23, with 5x leverage long or short available. The daily loan fee rate for buying long or selling short is 0.08%.
LON on PoS Saving
1. The yield of LON will be settled by LON token, and the daily yield = LON position * (APR / 365).
2. The estimated annualized yield rate will be adjusted based on the real yield of the PoS Pool.
3. The yield will start to be calculated 1 day after joining LON PoS saving.
4. User's LON 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 LON and click to join