# What is MAXCOIN?

{% hint style="info" %}
**MaxCoin is not a real currency** — you can not withdraw your coins to another wallet, spend real FIAT money to buy MaxCoins, exchange them for cryptocurrency, or spend them outside of the MaxyLab ecosystem.
{% endhint %}

## Our token use cases

There are various utilities. We are constantly working at bringing more value to the entire ecosystem:

**NFT Marketplace**\
Based on our partnership agreement with different projects within WAX, you are now able to buy NFTs directly with MaxCoins!

**Whitelisting**\
**Auctions**

More to come!

## Limitations and rates

Once connected to our bot, the base storage capacity is 40,000. However, you can increase it by buying the "**Expansion Scroll**" from our *<mark style="color:yellow;">`$maxshop`</mark>*.

<table><thead><tr><th width="127">#</th><th>Golden Mining(Max)</th><th>Normal Mining(Max)</th><th>Normal Mining(Avg)</th></tr></thead><tbody><tr><td><em><strong>Per Hour</strong></em></td><td>15</td><td>10</td><td>5</td></tr><tr><td><em><strong>Per Day</strong></em></td><td>360</td><td>240</td><td>120</td></tr><tr><td><em><strong>Per Week</strong></em></td><td>2,520</td><td>1,680</td><td>840</td></tr><tr><td><em><strong>Per Month</strong></em></td><td>10,800</td><td>7,200</td><td>3,600</td></tr><tr><td><em><strong>Per Year</strong></em></td><td>131,400</td><td>87,600</td><td>43,800</td></tr></tbody></table>

Chatting in the #main-lounge and #main-chat on the Maxylab Discord rewards Golden Membership holders with one $MAXCOIN for each message written in 30-second intervals. However, we discourage random spamming!


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