Major global exchange MEXC has launched their MYST listing, unlocking new liquidity for the entire Mysterium ecosystem and supporting our 10,000+ node runners.
Anyone holding MYST will now be able to trade, receive and store their tokens in their MEXC wallets.
The official trading pair is
This is great news, especially for all our US-based node runners. Now you can send your MYST earnings straight to your MEXC wallets and swap them for USDT.
The best part?
MEXC has a direct Polygon integration, so you can make direct withdrawals with your Polygon MYST.
This means incredibly fast and cheap settlements on this Layer 2 network.
If you are not a node runner or a MYST token holder, you might be wondering what is $MYST?
What is $MYST?
MYST is a utility token. This is a digital currency that is used within a particular network or platform. In this case, that network is Mysterium.
MYST is an ERC-20 token and can be stored in any Ethereum wallet (MyEtherWallet, Metamask, Ledger, Trezor, etc). MYST is also compatible with Binance Smart Chain and Polygon.
You can earn MYST by running a node within the Mysterium Network. A node is a computer or IoT device like a Raspberry Pi that makes up a distributed network.
You install Mysterium’s software and you can start renting out your spare bandwidth and residential IP to people all over the world to help them encrypt their traffic, unblock content and browse anonymously.
These exit nodes are available to connect to using the Mysterium VPN, where users can select their location of choice to access content that is blocked in their regions. Mysterium VPN users can also use MYST to pay for the service!
Thanks to this peer-to-peer (P2P) architecture, it’s technologically impossible for us to log your browsing activity or data centrally (unlike regular VPNs). There are no contracts, no subscriptions, and no locked-in costs. You can switch it on and off whenever you need, and only pay for what you actually use, minute by minute.
If you’d like to use the Mysterium VPN, you can top up your account with a range of other cryptocurrencies such as Bitcoin, Litecoin and Ether to remain truly anonymous. You can also use your bank card or PayPal if you prefer.
How do I run a node and earn MYST?
You can run a Mysterium node in a variety of ways.
If you are wondering how much MYST you can earn by running a node, it depends on a number of factors, such as your region and whether or not you run your node 24/7. To get a sense, you can check out our most recent leaderboard.
All nodes will receive their payments in MYST.
MYST can be manually converted into your cryptocurrency of choice.
If you are interested in running a node yourself, we will happily walk you through it here. Check out these 3 simple steps to give you an idea.
Another option you have is to stake your MYST tokens in a delegation pool.
Stake your MYST in the Delegation Pool
This BETA Pool will give token holders a taste of Mysterium’s upcoming, revamped Tokenomics 2.0 model, when holders can rent out their MYST to node runners and earn rewards.
You can find out more about it here.
Beyond its use as a transfer of value, MYST is a representation of your active involvement and intention to participate within Mysterium Network.
In this way, MYST enables more than just P2P payments. When network actors have “skin in the game” they help increase the overall security of the network, protecting against various types of attacks.
Many node runners participate not just to earn tokens, but also to contribute to making the internet borderless and accessible for all.
Democratizing the Internet one MYST token at a time
Like Bitcoin and other cryptocurrencies, MYST tokens are censorship-resistant and pseudo-anonymous by default. Instead of regular fiat money, where governments control the supply, a cryptocurrency acts like universal internet cash.
It is borderless and nationless, as it can be ‘minted’, owned and used by anyone.
Cryptocurrencies have helped forge new online communities, like Mysterium. Peers within a distributed network like ours can easily share resources with each other, such as storage, computing power and even privacy.
What is MEXC Global Exchange?
Founded in 2018, MEXC Global is known as the exchange of high-performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology, even contributing to crypto-related legislation in many countries, including the US.
MEXC Global caters to 6 million+ users in more than 70 countries around the world, offering investors from different countries localized support to provide a seamless trading experience.
The exchange is capable of completing 1.4 million transactions per second, which results in groundbreaking efficiency and enhanced performance.
MEXC was awarded the "Best Crypto Exchange Asia" award in 2021 at the Crypto Expo Dubai.
So, what are you waiting for?
Sign up to MEXC today and begin trading!