KEY TAKEAWAYS
- MEXC exchange launches new trading and staking features for Chiliz ($CHZ) and Fan Token holders.
- Zero-fee trading for $CHZ is available on both Spot and Futures markets, enhancing cost-effectiveness.
- The $CHZ Staking Program offers up to 400% APY, attracting staking enthusiasts.
- Fan Tokens Fest introduces new listings and interactive features, including a ‘Spin & Trade’ wheel with exciting rewards.
The MEXC exchange has introduced a series of new activations for Chiliz ($CHZ) and Fan Token holders, starting today, November 12th. This initiative offers a variety of trading and staking opportunities over a 30-day period, aimed at enhancing user engagement and participation.
Chiliz ($CHZ) Trading and Staking Features
Several key activations centered around $CHZ are now available on the MEXC platform. A new trading pair, $CHZ/USDC, has been listed, providing users with additional trading options. Furthermore, traders can benefit from zero-fee trading for $CHZ on both Spot and Futures markets, enhancing cost-effectiveness.
In addition to these features, a $CHZ futures trading incentive program is now live, offering traders the opportunity to earn rewards. The exchange has also launched a $CHZ Staking Program, which promises returns of up to 400% annual percentage yield (APY), attracting those interested in staking their assets.
Fan Tokens Fest: New Listings and Interactive Features
Running alongside the $CHZ activities is the Fan Tokens Fest, which provides multiple avenues for community engagement with club tokens. The Fest has commenced with the listing of the Juventus ($JUV) Fan Token, expanding the range of available tokens on the platform.
Users can participate in deposit and trading activities for $BAR across both Spot and Futures markets. Additionally, there are deposit and spot trading events for a variety of clubs, including $ASM, $NAP, $LUFC, $SCCP, $CPFC, and $EFC.
An interactive “Spin & Trade” wheel is also available, offering rewards in $CHZ and select Fan Tokens, such as $PSG, $JUV, $BAR, $ASM, $NAP, $LUFC, $SCCP, $CPFC, and $EFC. Headline prizes include items like iPhones and AirPods Max, adding an element of excitement to the trading experience.
For more information, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
The MEXC exchange has launched new trading and staking opportunities for Chiliz ($CHZ) and Fan Tokens, introducing features such as zero-fee trading and high-yield staking programs to enhance user engagement.
Recent industry reports indicate that the fan token market is experiencing a significant resurgence, driven by club performances and broader crypto market confidence. This aligns with MEXC’s initiative to expand trading options and community engagement through its Fan Tokens Fest and $CHZ activities.
As per insights from GlobeNewswire, the MEXC “CHZ Frenzy” campaign offers up to 400% APR on staking, highlighting the attractiveness of these opportunities in the current market. This supports the exchange’s strategy to attract more users by offering lucrative rewards and incentives.
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