Momentum for Bitcoin Runes Builds with BILLION DOLLAR CAT MEXC Spot Listing

The number of Bitcoin Rune tokens with MEXC spot listings continues to grow.  BILLION DOLLAR CAT ($BDC) is live for spot trading on MEXC as of August 13, 2024.  It joins fellow Bitcoin Runes DOG GO TO THE MOON ($DOG) and LOBO THE WOLF PUP ($LOBO) on the popular centralized trading exchange.  Crypto traders looking for access to a wide range of coins that are not available on Coinbase, Kraken, or Binance should have a MEXC account.  In this tutorial, we’ll show an example of buying the Bitcoin Rune $BDC on MEXC so let’s get started.

Billion Dollar Cat on MEXC Brings More Attention to Bitcoin Runes

MEXC listings for Runes tokens are important as they bring more attention to Bitcoin ecosystem assets like Billion Dollar Cat and Dog Go To The Moon.  Specifically, a spot listing for $BDC means traders no longer have to buy big lot sizes on Magic Eden.  Instead, they can buy smaller quantities of their favorite Bitcoin Runes on a centralized exchange like MEXC and have access to instant liquidity.  According to their website, MEXC has more than 12 million active users which means a ton of additional exposure for Billion Dollar Cat.

 How to Buy BILLION DOLLAR CAT on MEXC

The first step is to create a MEXC account and fund it with the crypto of your choice.  You can deposit almost any token you’d like but I typically use a stable coin like $USDT Tether.  Simply purchase the Stablecoins in Coinbase or any centralized exchange and send them to your MEXC account.  If you have crypto in a self-custody wallet like Phantom or MetaMask you can send it to MEXC from there as well.  Just make sure you select the correct “Deposit Network” when funding your account.  For example, let’s say I buy some Tether in Coinbase with the intention of sending it to MEXC.  When I go to deposit, I’ll select the ETH Network.  Or, if I’m funding my account with Solana, I’ll select Solana as the Network.  Once your MEXC spot trading wallet is funded, you’re ready to purchase Billion Dollar Cat.  In MEXC, click on “Spot” and search for “BDC” to begin trading.

Trade BILLION DOLLAR CAT on MEXC and Avoid Fees

MEXC is a great way to dollar cost average into $BDC or any other crypto.  There are zero fees for spot trading on MEXC which is another positive as you have to pay miners when buying Bitcoin Runes on Magic Eden.  If you’re looking to start small and actively trade up your Bitcoin Runes holding size, MEXC is a great option.  Buy and sell with instant liquidity on a feeless platform.

Finally, it’s easy to withdraw your $BDC from MEXC to a Bitcoin wallet like Xverse at any point.  The option to pull it off the exchange is always there when you’re ready to self-custody any crypto token you trade on MEXC.  Personally, I like to start with a set amount of active crypto capital in MEXC and set an “amount to reach goal”.  When my trading results in gains that exceed the goal, I’ll pull the excess profits off to my self-custody Web3 wallet and leave the rest on MEXC to continue trading.  Hopefully this tutorial was helpful and opens your eyes to the positives of incorporating a centralized trading platform like MEXC for Bitcoin Runes.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.