MPX IS LIVE ON THE RINKEBY TESTNET!
MARKET Protocol, a decentralized framework allowing derivative trading of all assets, announced today the alpha release of their decentralized application (dApp), MPX.
This release of MPX provides a simulated trading environment on Rinkeby, an Ethereum testnet, allowing users to trade MARKET Protocol contracts against a bot.
MPX is powered by MARKET Protocol which enables users to experience the benefits of derivatives on the Ethereum blockchain.
Users are able to easily trade MARKET Protocol contracts to go long or short crypto assets, hedge tokens, gain cross-chain price exposure to bitcoin, and much more.
MPX highlights a number of features and capabilities made possible by MARKET Protocol:
How to start trading on MPX?
This release of MPX provides a simulated trading experience on Ethereum’s Rinkeby testnet, allowing you to trade MARKET Protocol contracts against a bot.
To try MPX, you must have the MetaMask extension installed in your browser. You can learn more and install MetaMask here - https://metamask.io/.
With MetaMask installed and set up, you have everything you need to get started. Navigate to MPX and switch MetaMask to the Rinkeby Test Network.
Next you will need some testnet ETH and collateral. Just follow the prompts or check out this explainer demo - https://www.youtube.com/watch?v=FrPh1H8tRsQ
to watch our CTO Phil Elsasser walk through the necessary steps to execute your first trade on MPX.
MPX will give you a preview of MARKET Protocol and the benefits of derivatives on the Ethereum blockchain.
With MPX, you can experience the flexibility of the protocol by trading simulated contracts to go long or short crypto assets and even off-chain assets.
You can also experience the safety and security of the protocol first hand, because with MPX your risk is limited to the maximum downside of your position.
Unlike other exchanges, you will never be exposed to auto-deleveraging, socialized losses, or theft by hackers.
We encourage traders of all skill levels to try MPX today to discover the future of trading. We look forward to your valued feedback; this is just the beginning!
To get started, visit https://mpexchange.io.
This release of MPX provides a simulated trading environment on Rinkeby, an Ethereum testnet, allowing users to trade MARKET Protocol contracts against a bot.
MPX is powered by MARKET Protocol which enables users to experience the benefits of derivatives on the Ethereum blockchain.
Users are able to easily trade MARKET Protocol contracts to go long or short crypto assets, hedge tokens, gain cross-chain price exposure to bitcoin, and much more.
MPX highlights a number of features and capabilities made possible by MARKET Protocol:
- Trade new relationships not found anywhere else, like S&P 500/USDT, AAPL/USDT, GOLD/USDT and OIL/USDT
- Short sell assets without sourcing or borrowing them
- Use leverage safely, without margin calls or forced liquidations
- Trade without counterparty risk, since positions are collateralized on the blockchain
- Short sell assets without sourcing or borrowing them
- Use leverage safely, without margin calls or forced liquidations
- Trade without counterparty risk, since positions are collateralized on the blockchain
How to start trading on MPX?
This release of MPX provides a simulated trading experience on Ethereum’s Rinkeby testnet, allowing you to trade MARKET Protocol contracts against a bot.
To try MPX, you must have the MetaMask extension installed in your browser. You can learn more and install MetaMask here - https://metamask.io/.
With MetaMask installed and set up, you have everything you need to get started. Navigate to MPX and switch MetaMask to the Rinkeby Test Network.
Next you will need some testnet ETH and collateral. Just follow the prompts or check out this explainer demo - https://www.youtube.com/watch?v=FrPh1H8tRsQ
to watch our CTO Phil Elsasser walk through the necessary steps to execute your first trade on MPX.
MPX will give you a preview of MARKET Protocol and the benefits of derivatives on the Ethereum blockchain.
With MPX, you can experience the flexibility of the protocol by trading simulated contracts to go long or short crypto assets and even off-chain assets.
You can also experience the safety and security of the protocol first hand, because with MPX your risk is limited to the maximum downside of your position.
Unlike other exchanges, you will never be exposed to auto-deleveraging, socialized losses, or theft by hackers.
We encourage traders of all skill levels to try MPX today to discover the future of trading. We look forward to your valued feedback; this is just the beginning!
To get started, visit https://mpexchange.io.
It's been a week since the launch of MPX, and the team would love to know which of its features did you liked the most. Cast your vote on MARKET Protocol's Twitter poll - https://twitter.com/MarketProtocol/status/1064547071846428677
