Press Release
August 07, 2019

IoT Token, MXC, Lists on Korea's Largest Exchange

IoT Token, MXC, Lists on Korea’s Largest Exchange

We’re excited to announce that the global IoT phenomenon MXC is live on Bithumb! After our successful launch on Bithumb Global, Bithumb couldn’t wait to add the MXC token, driving the world of data and blockchain implementation across the globe on their digital asset exchange.

“We’re delighted and humbled by both the speed at which Bithumb decided to adopt MXC, and in addition, the strong enthusiasm the international market has shown for MXC, a token that provides true blockchain integration,” said Aaron Wagener, Co-Founder and COO at the MXC Foundation. “We are thrilled that MXC has received such excitement within the Korean market. It just goes to show that that MXC is an unstoppable movement, set to change the world of blockchain and data.”

After opening their world trading system in 2014, Bithumb quickly grew to be the most popular digital asset exchange in Korea; boasting a daily trading volume of over 702 million USD. Throughout their history, Bithumb demonstrated a strong focus on customer service by opening four physical customer service offices throughout Korea.

“Bithumb’s enthusiasm to add the MXC token to their platform is quite overwhelming,” said Sheen Hu, Co-Founder and CEO at the MXC Foundation. “When established companies like Bithumb list MXC on their platform with such gusto and enthusiasm, it really demonstrates that the message is getting out there. MXC is here to stay, and we’re changing the world of connectivity and M2M payments.”

The MXC Foundation’s token “MXC” is a utility token, designed to be used for automated payments between IoT devices. As the adoption of MXC’s Smart City Standard, the MXProtocol, continues around the globe, communities will benefit from more reliable wireless connectivity, whilst companies and governments benefit by reducing the cost of both deployment and operation of smart city technologies.

MXC is available on Bithumb immediately. For more information about MXC, and how to get involved in the MXC movement, join the MXC telegram group or visit the MXC Website.

The MXC Foundation is a purpose-built blockchain foundation, based in Berlin. Its mission is to inspire fast, efficient, decentralized data exchanges using LPWAN and blockchain technology. MXC is currently working on smart city data projects in New York City, South Korea, and Shanghai.

MXC Foundation