- M2 is a crypto investment platform that allows the trade of over 50 crypto assets.
- MMX is the native currency of the M2 exchange that runs on the Ethereum blockchain.
- M2 was launched in October 2023 and is based in Abu Dhabi.
While the enthusiasm for cryptocurrency is growing rapidly, traders and investors often struggle to find a reliable crypto exchange platform. A reliable trading platform needs to have multiple essential features. M2.com can be a one-stop destination for all their needs. So, let’s dive in and learn more about this crypto exchange platform.
Let’s Get Introduced to the M2 Crypto Exchange
M2 is an Abu Dhabi based crypto exchange, which was launched in October 2023. Claiming to be “the new home of crypto,” M2 was co-founded by Bijan Alizadeh Fard, the co-founder of Phoenix Group and Cypher Capital. The other co-founder is Stefan Kimmel, currently the exchange’s CEO.
It is available in over 150 countries with MMX as the native token. M2 facilitates traders to trade over 50 verified crypto assets and perpetual future contracts.
The spot trading fee on M2 is 0.1%; however, the futures trading fee for maker traders is 0.2%, and for taker traders, it is 0.4%.
Key Features of M2
Here are some of the top features of M2:
The Earn Program
The Earn feature of M2 allows users to make a significant amount of money from their preferred crypto asset. Traders can choose a fixed or flexible plan for each crypto asset. These plans are curated to meet the needs of every kind of investor and trader.
The withdrawal duration for both plans is different. Investors who have chosen flexible plans can make their withdrawals instantly. On the other hand, users with fixed plans have to wait for a lockup period of 30 days to a year.
M2 also provides the facility of an Earn calculator; users can calculate the expected return amount by utilizing it.
Smart Trading
The smart trading feature allows users to trade over multiple crypto assets and categories ranging from DeFi, Layer1s, and stablecoins. With the help of its comprehensive tools, users can enhance their crypto trading journey.
Investors are allowed to choose 4 different kinds of orders. These orders include TWAP orders and dynamic orders. TWAP orders are the type of orders that are executed over a specific period. Meanwhile, the dynamic orders have multiple parameters to adjust M2’s algorithmic feature.
Learning Materials
To educate the traders, M2 Exchange provides them with learning materials. These are divided into 3 levels: Beginner, Intermediate, and Advanced. These educational materials usually cover general knowledge focused on crypto and investment.
The beginner level covers DeFi, NFTs, and basic investment strategies. On reaching the intermediate level, you will learn about various technical strategies and in-depth analysis. Moreover, the advanced level would teach you about the M2 exchange’s advanced trading tools and indicators.
About MMX Token
MMX is the native crypto asset of the M2 ecosystem. The token is based on the Ethereum blockchain and was verified by Etherscan. It is a utility token with a maximum supply of 500 million tokens.
The MMX token comes with a wide range of benefits for its holders. Users can boost their yield on M2’s Earn plan by utilizing it.
Additionally, when utilizing MMX, they can be eligible for the 10% allocation of M2’s profits. Moreover, holders can get their hands on the new coin listings and yield products.