June 2018: MX Token (MX) was launched as the native token of MEXC Global (formerly known as MXC Exchange), with the goal of creating a community-driven digital asset exchange. MX was designed to offer users benefits such as trading fee discounts, staking rewards, and voting rights on platform decisions.

October 2018: MXC Exchange launched, establishing itself as a fast-growing global cryptocurrency trading platform. MXC offered a wide range of cryptocurrencies, attracting users with its diverse listing options and liquidity.

March 2019: MEXC introduced the MX token buyback and burn mechanism, committing to using a portion of platform revenue to reduce the circulating supply of MX. This deflationary approach aimed to increase MX’s scarcity and value over time, benefiting holders and long-term supporters.

June 2019: MX staking was introduced, allowing users to earn rewards by staking MX tokens on the platform. This feature provided holders with passive income and increased demand for MX, contributing to its ecosystem’s growth.

August 2020: MEXC Global reached a significant milestone of 5 million registered users worldwide, reflecting the platform’s rapid growth and increasing popularity in the global crypto market. This achievement positioned MEXC as a competitive exchange among its peers.

February 2021: MEXC launched "MX DeFi," allowing users to stake MX alongside other cryptocurrencies to earn returns from various DeFi projects and liquidity mining pools. This expansion into DeFi increased MX’s utility and attracted DeFi enthusiasts to the MEXC ecosystem.

May 2021: MEXC Global rebranded from "MXC Exchange" to "MEXC Global" to reflect its expanding global footprint and commitment to serving a broader international audience. The rebrand included user interface improvements and expanded language support, enhancing user experience.

October 2021: MEXC introduced the "Kickstarter" program, enabling MX holders to participate in new project launches by voting with their tokens. This program gave MX holders early access to promising projects and further incentivized holding and participating with MX.

March 2022: MEXC surpassed 10 million users globally, underlining its position as one of the fastest-growing exchanges. This milestone highlighted the demand for MEXC’s services and its growing user base, as well as increased MX token utility.

September 2022: MEXC launched the "MX 2.0" initiative, which introduced improvements to MX’s tokenomics, including increased rewards for holders and a revised burn mechanism. This upgrade aimed to increase the value of MX and foster a more engaged and incentivized community.

June 2023: MEXC introduced cross-chain compatibility for MX, allowing users to transfer and trade MX on other blockchain networks. This cross-chain expansion increased MX’s accessibility and liquidity, attracting a more diverse user base.

October 2024: MEXC Global celebrated 15 million users and introduced enhanced governance features for MX holders, allowing for greater influence on the platform’s strategic direction. This milestone highlighted MEXC’s dedication to community engagement and decentralized governance within its ecosystem.