To bring you a better trading experience and meet your diversified trading needs, MXC launches CAKE on Margin Trading, API and PoS Saving. The details are as follows:
CAKE/USDT Margin Trading
MXC will launch CAKE/USDT on margin trading at 00:15 (UTC+8), February 2, with 5x leverage long and short available. The daily loan fee rate for buying long and short is 0.095%.
Join CAKE API Trading to Split 2,000 USDT Giveaway
Activity period: 00:00, February 2 - 23:59, February 8 (UTC+8)
Activity rules: users who trade through API with trading volume no less than 1,000 USDT can share the 2,000 USDT prize pool in proportion to the trading volume. A single user can win up to 500 USDT.
Note:
1. Trading volume = Buys + Sells
2. The prize will be distributed to winner's account within 7 workdays.
3. Wash trading and any cheating conduct are prohibited. Otherwise, MXC has the right to deprive the prize, even freeze the account.
4. MXC reserves the final right to interpret.
CAKE on PoS Saving
MXC has launched CAKE 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 CAKEwill be settled by CAKE token, and the daily yield = CAKE position * (APR / 365).
3. The yield will start to be calculated 1 day after joining CAKE PoS saving. 4. User's CAKE 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 CAKE and click to join
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