# Spot
Dear users, After communicating with LaunchZone (BSCX) team, they have confirmed the BSCX burning mechanism and token migration plan, details are as follows. 1. Description of the BSCX on-chain transfer burning mechanism. BSCX burning mechanism goes live on August 26, 2021 at 16:06:52 (UTC+8), and a transaction tax will be charged for each on-chain transfer. Each transaction will be charged 10% from Aug 26 2021 08:06:52 AM UTC to Aug 31 2021 08:24:37 AM UTC, check here https://bscscan.com/tx/0x21c9a522101da2c644d3075de32bbc28f9435819be6540737b399efaff63f8a4 From Aug 31 2021 08:24:37 AM UTC, the on-chain transaction tax is adjusted up from 10% to 20%, check here https://bscscan.com/tx/0x120577bd6292bcfd57f587f8cb4e8f59c4220f214189e17ab4286f74972c160f * Please note that MEXC does not charge any on-chain transfer fees caused by the BSCX burning mechanism. 2. MEXC will support the LaunchZone token contract migration. LaunchZone team has launched a token contract migration plan, where old BSCX tokens will be replaced with new LZ tokens. Details are as follows. 1) MEXC has closed BSCX deposits and withdrawals. 2) At Sept 8th 2021 2:00 AM UTC, MEXC will unlist the BSCX/USDT pair. At the same time, the system will automatically cancel all pending orders. Please cancel your orders in advance. 3) MEXC will take a snapshot of the position for all BSCX users and perform token replacement at the ratio of 1 BSCX = 1 LZ. 4) After the token replacement is completed, MEXC will open the LZ deposits and withdrawals and meanwhile list LZ/USDT trading at Sept 8th 2021 10:00 AM UTC. * Warnnings. 1. The contract address of LZ is: https://bscscan.com/token/0x3b78458981eb7260d1f781cb8be2caac7027dbe2 After we replacing the old BSCX with the new LZ tokens, please do not deposit any BSCX tokens to MEXC, otherwise the asset will be lost and cannot be recovered. 2. Please be aware that the new $LZ token also have the deflationary mechanism. Every transaction of $LZ incurs a 6% tax: 2% to add liquidity to pool, 2% for marketing, 1% to be burned, and 1% to be sent to the foundation wallet. BSCX&LZ Official Announcement: https://twitter.com/launchzoneann/status/1434763991734128642 https://help.lz.finance/support/solutions/articles/70000497953-regarding-our-old-bscx-token-s-deflationary-mechanism Find us on: Medium: https://medium.com/mexcglobal Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/ Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.MEXC.com/invite Enjoy trading on MEXC. The MEXC team 2021-09-07
Dear users, MEXC will list XCAD Network (XCAD) in the Innovation Zone and open trading for the XCAD/USDT trading pair. The specific timeline is shown below. Deposit & Withdrawal: Opened XCAD/USDT Trading: 2021-09-07 14:00 (UTC) Note: The price may move greatly for projects in the Innovation Zone, please be cautious of the risks. XCAD Deposit and Trading Contest - 23000 XCAD to be Won In order to thank XCAD community members for their support, the XCAD team decided to launch a Deposit and Trading Contest with 23000 XCAD to be won! The details are as follows: Activity 1: Deposit XCAD and claim from a 11,000 XCAD prize pool Activity Period: 2021-09-06 14:00 (UTC) - 2021-09-11 15:00 (UTC) During the activity period, users who deposit XCAD with a net deposit of no less than 10 XCAD, could share a total of 4,000 XCAD prize pool in proportion to net deposit amount; users who deposit XCAD with a net deposit of no less than 50 XCAD, could share a total of 7,000 XCAD prize pool in proportion to net deposit amount; Activity 2: XCAD Trading Contest - 12,000 XCAD to be won Activity Period: 2021-09-07 14:00 (UTC) - 2021-09-12 15:00 (UTC) 1) Grand Prize Users who trade XCAD during the activity period will be ranked based on their trading volume. The top 10 users with the largest trading volume (meeting min. trading volume requirement of 8,000 USDT) can share a 8,000 XCAD prize pool in proportion to their trading volume respectively. 2) Participation Prize All XCAD traders (excluding the top 10 winners) with min. trading volume meeting 500 USDT are eligible to share a 4,000 XCAD prize pool in proportion to their trading volume respectively. Note: 1. The reward will be distributed within 7 days after the activity ends, users can check it in [D/W History] - [Other records]. 2. Net deposit = Deposit - Withdrawal; Valid Trading Volume = Buys + Sells. Transfer amount between accounts will be excluded. 3. Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible to claim the rewards. 4. Wash trading and any cheating conduct are prohibited. Otherwise, MEXC has the right to deprive the prize, even freeze the account. 5. This activity was initiated by the XCAD Network project party, and the rewards are provided by the project party. All participating users are deemed to participate voluntarily. The activity does not constitute any investment advice. 6. MEXC reserves the final right to interpret. Project Details (This information is provided by the project party. Strictly for references only.) Project Name: XCAD Network (XCAD) Official Website: https://xcademytoken.com Block Explorer: https://etherscan.io/address/0x7659ce147d0e714454073a5dd7003544234b6aa0 Current Total Supply: 200,000,000 XCAD Twitter: https://twitter.com/XcademyOfficial Telegram: https://t.me/xcademy Medium: https://medium.com/xcademy Brief Introduction: XCAD Network is a tokenisation and NFT platform for content creators. It allows creators to issue their own fan tokens and reward their viewers directly on YouTube for consuming their content. Think CHZ but for content creators. Risk Warning Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets. Find us on: Medium: https://medium.com/mexcglobal Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/ Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.MEXC.com/invite Enjoy trading on MEXC. The MEXC team 2021-09-06
Dear users, In order to improve product performance and upgrade our product modules, MEXC will be holding maintenance for all spot ETH pairs* on our platform from 21:00 to 22:00, September 6th, 2021 (UTC) in effort to optimize the trading experience for our users. The duration of the maintenance is estimated to be 1 hour. *ETH pairs refer to any asset that uses ETH as a currency pair such as DOT/USDT. During the maintenance, placing orders for any ETH pairs (Spot) will be unavailable. Other modules will not be affected and will continue to function as usual. Users can still login to the platform to enjoy other functions during this time; the security of your assets are not affected. Upon completion of the maintenance, an announcement will be published and trading for the spot ETH market will resume. We apologize for any inconvenience caused. Thank you for your kind support and understanding. Find us on: Medium: https://medium.com/mexcglobal Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal/ Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite Enjoy trading on MEXC. MEXC Team 2021-09-06
Dear users,The “Buni Hold & Trade Event - 78,000 BUNI to be Won” has concluded successfully. Here are the winners of the Trading Contest:Due to a large number of participants, the full winner list for the Trading and Participation Rewards for BUNI will not be displayed. The rewards have been distributed. Please follow these steps to view your rewards (Visit [Assets] - [D/W History] - [Other record]).Congratulations to all the winners! Thanks for your support. For more information regarding the event, please refer to: BUNI Hold & Trade Event - 78,000 BUNI to be Won *Please note that:1) Winners who have not completed the KYC before the event ends will not be eligible to receive the rewards.2) MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation. Follow us on our socials:Medium: https://medium.com/mexcglobal Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal Refer a friend to enjoy high rebate, create your personalized invitation link today: https://www.mexc.com/invite Enjoy trading on MEXCThe MEXC Team,2021-09-05
Dear users,MEXC will list Cardwallet (CW) in the Innovation Zone and open trading for CW/USDT trading pair. The specific timeline is as shown below:Deposit & Withdrawal: OpenedCW/USDT Trading: 2021-09-07 10:00 (UTC)* Note: Prices may fluctuate greatly for projects listed in the Innovation Zone, please be cautious and be aware of hidden risks of delisting. Project Info(This information is provided by the project team. Strictly for references only.)Project Name: CardWallet (CW)Max Supply: 1,000,000,000 CWToken Type: ERC-20Official Website: https://cardwallet.fiBlockchain Explorer: 0xd55236D48606c295adEbF129dAD04Fc74BFaA708Medium: https://medium.com/cardwalletTwitter: https://twitter.com/CardWallet_fiTelegram: https://t.me/cardwalletWhitepaper Link: https://cardwallet.fi/docs/deck.pdf Project Brief IntroductionCardWallet is a next-generation non-custodial wallet, with FIAT on and off ramps, as well as a full suite of DeFi capabilities. Risk WarningCryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets. Follow us on our socials:Medium: https://medium.com/mexcglobal Telegram: https://t.me/MEXCEnglish MEXC trading: https://t.me/MEXCTradeofficial Twitter: https://twitter.com/MEXC_Global https://twitter.com/MEXC_Fans Facebook: https://www.facebook.com/mexcglobal Discord: https://discord.gg/zu5drS8 Instagram: https://www.instagram.com/mexcglobal Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite Enjoy trading on MEXCThe MEXC Team2021-09-06