The MEXC Matcha Exchange ’s Sunshine Activity is to empower its platform currency MX Token, using a small amount of investment in its platform currency in exchange for airdrop profit opportunities. MEXC has different activities for users to participate in almost every day. This article will focus on how to participate in the MEXC Matcha Exchange’s “Sunshine” campaign (Kickstarter).

Introduction to MEXC Matcha Exchange

MEXC Matcha Exchange has been operating since 2018 and is well-known in the cryptocurrency trading platform industry for its efficient trading technology. With its deep background in blockchain technology and finance, it has more than 5 million users in more than 70 countries around the world. It is headquartered in Singapore.

On June 8, 2021, MXC Exchange announced that it would officially change its name to MEXC Global. According to data from the cryptocurrency tracking website CoinMarketCap , MEXC Global is ranked 11th, showing its important position in the industry. Because its interface has a matcha green theme, it was nicknamed the "Matcha Exchange", and the exchange's own token was named MX Token.

How the MEXC Sunshine Event works

"Sunshine Shines" is a pre-launch event launched by the plan sponsor on the MEXC trading platform.

Participants can vote for their favorite plan by staking tokens. Once the voting reaches the target ratio (usually 500%), the plan will enter the online process and prepare free token airdrops for early supporters. The purpose of the event is to attract more high-quality plans to join, while also providing additional benefits to platform users.

In short, after users stake their tokens, they have the opportunity to receive free airdrops of upcoming tokens.

The rules are as follows:

When investors participate in the Sunshine Event, please follow these steps:

• Select "Sunshine" in the financial management section of the platform .

• There are usually 1 to 3 activities to choose from each day.

• Confirm eligibility: Investors must hold at least 1,000 MX in their spot account within 30 days before investment begins. If an investor's MX position falls below 1,000 MX on any day within 30 consecutive days, the investor will be disqualified from participating in Sunshine.

• Invest in MX: After qualifying, investors can invest in MX within the investment time period. This investment is only used for reward calculation and will not freeze the investor’s MX.

• Calculate quota: After the event, we will calculate the airdrop reward for each participating user. The actual investment amount of investors must meet the minimum investment requirements of the corresponding level. Then, investors can calculate the investor's effective investment amount according to the investment coefficient of the corresponding gear. The greater the proportion of effective investment, the more rewards investors will receive.

• Estimated reward = investor’s effective investment / effective investment of all users × total reward pool

• User’s effective investment amount = investor’s actual investment amount × investment coefficient of the corresponding gear

• After the event ends, the new tokens will be airdropped to the user's wallet in about 15 minutes. Users can view the details in the reward record or directly in the wallet.

The new tokens that users receive airdrops can be traded when they are listed a few days later. These new tokens usually have good room for appreciation, but the minimum limit for transactions is 5 USD. If the value of the new token is less than 5 USD, the MEXC trading platform provides a convenient function to convert small assets into MX Token, allowing users to reinvest these small assets into the next round of "Sunshine" activities.

For newcomers to cryptocurrency trading, MEXC Matcha Exchange provides a simple and easy-to-understand platform, allowing users to easily obtain airdrops of new coins. Sometimes they can even obtain unexpectedly high returns when new coins are listed, and the rate of return is even almost Can exceed 100%. This is an investment method suitable for users who don’t want to spend too much time researching or learning. Of course, you still need to do your homework before starting to use it.