MXC token (symbol MXC) is the currency name used for trading the Machine Xchange Coin.
MXC was uniquely designed to power the world of the “Internet of Things”, at MXC we allow machines to communicate with each other, performing a variety of tasks as well as sending and receiving data in exchange for MXC.
MXC is the next generation IoT (Internet of Things) Token. The world of IoT is anticipated to power the 4th industrial revolution, changing the way we live our lives. Using the sophisticated Machine eXchange Protocol (MXProtocol), MXC is uniquely connecting wireless IoT sensors with permissionless blockchains.
MXC has a specifically designed wallet, this is an additional level of security allowing users to securely store their “MXC”. The MXC wallet is a decentralised data bank, meaning only you are the owner and sole responsible party for your MXC. MXC puts the control in your hands.
MXC' initial token release was launched in December 2018, with a total supply of just over 2.5 Billion tokens available, 2,664,965,800, to be exact. No additional MXC will ever be produced, it is a limited and fixed supply.
MXC tokens are traded on many of the global digital currency exchanges. We are constantly adding more exchanges to the fold as the MXC Global reach increases. Currently you can purchase MXC on the following exchanges:
MXC is an ERC20 token, we recommend you to store your MXC in the dedicated and secure MXC wallet which we will be releasing very shortly. Leaving tokens locked in an exchange can be a security risk and can result in hacking or your password becoming compromised. At times of high trading volume MXC may become volatile, MXC has little control over the price of MXC, as is the decentralised nature of token trading. MXC has no possibility of recovering any lost, misplaced or stolen tokens from your account, therefore buyers are warned of the risk of purchasing tokens. You, and only you are responsible for your own wallet and token security, MXC will take no responsibility for lost tokens.
There are a number of ways you can protect your MXC token purchases. Hardware wallets are an excellent way of decreasing the chances of 3rd party infringements, however each way is an individual choice. All wallets have a unique access key known as a “seed”, this seed is made up of a variety of numbers and letters. It is always up to you to securely store your funds, passwords and access to any of your wallets. We recommend for you to not store your passwords on your computer.