Looking for a comprehensive guide to MEXC exchange? You’ve come to the right place. With over 30 million users worldwide, MEXC has become one of the leading cryptocurrency platforms thanks to its low fees, diverse trading options, and user-friendly interface. Whether you’re new to crypto or an experienced trader seeking an alternative exchange, this guide covers everything you need to know about MEXC registration, trading features, security measures, and fee structure.
In this detailed walkthrough, we’ll explore how to create and verify your MEXC account, navigate the platform’s various trading options, understand its competitive fee structure, and maximize your security. By the end, you’ll have all the knowledge needed to confidently start your journey on the MEXC exchange.
What is MEXC Exchange?
MEXC is a Seychelles-registered cryptocurrency exchange founded in 2018 that has quickly risen to become one of the top 10 exchanges by daily trading volume. The platform supports over 2,700 cryptocurrencies and more than 3,000 trading pairs, making it one of the most comprehensive exchanges for crypto enthusiasts seeking variety.
What sets MEXC exchange apart from competitors is its combination of low trading fees, high liquidity, and innovative features like DEX+ (a hybrid centralized/decentralized exchange service). The platform caters to both beginners with its intuitive interface and experienced traders with advanced tools like futures trading with up to 200x leverage.
MEXC operates in over 170 countries worldwide with localized language support, though it’s worth noting that it’s not available in certain regions including the United States, United Kingdom, Canada, and mainland China due to regulatory restrictions.
MEXC Advantages
- Wide selection of 2,700+ cryptocurrencies
- Low trading fees (0% maker fee, 0.05% taker fee)
- High liquidity and trading volume
- User-friendly interface for beginners
- Advanced trading options (futures, copy trading)
- Staking opportunities with up to 400% APR
MEXC Limitations
- Limited fiat currency support
- Not available in several major countries
- Customer support can be slow at times
- Regulatory challenges in some regions
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MEXC Registration: Step-by-Step Guide
Getting started with MEXC exchange is straightforward. Follow these simple steps to create and verify your account:
How to Create a MEXC Account
- Visit the official MEXC website and click the “Register” button in the top right corner.
- Enter your email address or phone number.
- Create a strong password following the platform’s requirements.
- Verify your email or phone by entering the verification code sent to you.
- Agree to the terms and conditions, then click “Sign Up” to complete registration.
Alternatively, you can register through Google, Apple, MetaMask, or Telegram accounts by selecting the relevant option on the registration screen.
Pro Tip: Immediately after registration, enable two-factor authentication (2FA) to enhance your account security. This can be done through the “Security” section in your account settings.
MEXC KYC Verification Process
While MEXC allows basic trading without verification, completing KYC (Know Your Customer) unlocks higher withdrawal limits and additional features. MEXC offers two verification levels:
Primary KYC
- Increases daily withdrawal limit to 80 BTC
- Requires basic personal information
- Document verification (passport, ID card, or driver’s license)
- Processing time: typically within 24 hours
Advanced KYC
- Increases daily withdrawal limit to 200 BTC
- Requires all Primary KYC information
- Additional facial recognition verification
- Unlocks OTC trading and additional features
- Required for SEPA transfers in supported countries
To complete verification, go to your account settings, select “Identity Verification,” and follow the on-screen instructions for uploading documents and completing facial recognition if needed.
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MEXC Exchange Security Features
Security is a top priority when choosing a cryptocurrency exchange. MEXC implements several robust security measures to protect user assets and information:
Two-Factor Authentication (2FA)
MEXC supports multiple 2FA methods including Google Authenticator, email verification, and mobile authentication. This adds an essential second layer of security to your account.
Anti-Phishing Code
Create a unique code that appears in all official MEXC emails, helping you identify legitimate communications and avoid phishing attempts.
Withdrawal Address Whitelist
Restrict withdrawals to pre-approved addresses only, preventing unauthorized transfers even if your account is compromised.
Advanced Encryption
MEXC uses state-of-the-art encryption technologies to protect sensitive user information and transaction data from unauthorized access.
Cold Storage
The majority of user funds are stored in offline cold wallets, significantly reducing the risk of hacking attempts and unauthorized access.
Is MEXC safe? MEXC has maintained a strong security record since its founding in 2018. The exchange implements industry-standard security practices and has not experienced any major security breaches. However, as with any online platform, users should follow best security practices including using strong passwords and enabling 2FA.
Security Best Practices for MEXC Users
- Enable 2FA immediately after creating your account
- Use a unique, strong password that you don’t use on other platforms
- Set up the anti-phishing code to verify email communications
- Enable the withdrawal whitelist feature for additional protection
- Regularly review account activity to detect any unauthorized access
- Consider using a hardware wallet for long-term storage of significant holdings
Trading Options on MEXC Exchange
MEXC offers a diverse range of trading options to suit different investment strategies and experience levels. Let’s explore the main trading features available on the platform:
Spot Trading on MEXC
Spot trading is the most straightforward way to buy and sell cryptocurrencies on MEXC. The platform supports over 3,000 trading pairs, making it one of the most comprehensive exchanges for crypto variety.
Key Spot Trading Features:
- Order Types: Market orders, limit orders, stop-limit orders, and OCO (one-cancels-the-other) orders
- Trading Pairs: Over 3,000 pairs across major cryptocurrencies and altcoins
- Trading Fee: 0% maker fee and 0.05% taker fee (can be reduced with MX token holdings)
- Zero-Fee Pairs: Selected trading pairs with 0% fees for both makers and takers
Futures Trading on MEXC
MEXC offers comprehensive futures trading options for more experienced traders looking to leverage their positions or hedge their portfolios.
Futures Trading Features:
- Contract Types: USDT-M and Coin-M perpetual futures
- Leverage: Up to 200x leverage on selected pairs
- Trading Fee: 0% maker fee and 0.02% taker fee
- Hedge Mode: Hold both long and short positions simultaneously
- Demo Account: Practice with virtual funds before trading with real assets
Risk Warning: Futures trading with leverage carries significant risk and is not recommended for beginners. Only trade with funds you can afford to lose, and consider starting with lower leverage until you gain experience.
Copy Trading
MEXC’s copy trading feature allows you to automatically replicate the strategies of successful traders. This is particularly useful for beginners or those who don’t have time to actively manage their trades.
Copy Trading Benefits:
- Follow experienced traders with proven track records
- Automatically replicate trading strategies
- View detailed performance metrics before choosing traders to follow
- Set allocation limits to manage risk
Additional Trading Features
DEX+ Trading
MEXC’s DEX+ combines the benefits of centralized and decentralized exchanges, allowing you to trade directly from your wallet with high liquidity and low slippage.
Meme+ Trading Zone
A specialized section for trading meme coins and early-stage tokens with high potential, featuring reduced slippage and increased liquidity.
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MEXC Exchange Fee Structure
One of MEXC’s most attractive features is its competitive fee structure. The exchange offers some of the lowest trading fees in the industry, with additional discounts available for MX token holders.
Trading Fees
| Trading Type | Maker Fee | Taker Fee | With MX Token Discount |
| Spot Trading | 0% | 0.05% | Up to 50% off (0.025% taker) |
| Futures Trading | 0% | 0.02% | Up to 50% off (0.01% taker) |
| Zero-Fee Pairs | 0% | 0% | Already 0% |
How to Reduce Trading Fees with MX Token
MEXC offers significant fee discounts for users who hold its native MX token:
- Hold 500+ MX tokens in your spot account for 24 consecutive hours to qualify for a 50% discount on spot trading fees
- Deposit MX tokens into your futures account to receive a 20% discount on futures trading fees
- Enable MX deduction to use MX tokens directly for paying trading fees
Pro Tip: MEXC regularly updates its list of zero-fee trading pairs. Check the official fee schedule regularly to take advantage of these opportunities for fee-free trading.
Deposit and Withdrawal Fees
MEXC does not charge fees for deposits. Withdrawal fees vary depending on the cryptocurrency and network used:
| Cryptocurrency | Network | Minimum Withdrawal | Withdrawal Fee |
| Bitcoin (BTC) | BTC | 0.0002 BTC | 0.00003 BTC |
| Ethereum (ETH) | ETH | 0.003 ETH | 0.0012 ETH |
| Tether (USDT) | TRC20 | 10 USDT | 1 USDT |
| Tether (USDT) | ERC20 | 10 USDT | 8 USDT |
MEXC vs Binance: Fee Comparison
How do MEXC’s fees compare to industry leader Binance? Here’s a quick comparison:
| Fee Type | MEXC | Binance |
| Spot Maker Fee | 0% | 0.1% |
| Spot Taker Fee | 0.05% | 0.1% |
| Futures Maker Fee | 0% | 0.02% |
| Futures Taker Fee | 0.02% | 0.04% |
| Token Discount | Up to 50% with MX | Up to 25% with BNB |
As the comparison shows, MEXC generally offers lower trading fees than Binance, particularly for maker orders which are completely free on MEXC.
MEXC Mobile App Guide
The MEXC mobile app allows you to trade on the go, manage your portfolio, and stay updated with market movements from your smartphone. Available for both iOS and Android devices, the app offers most of the functionality of the desktop platform in a mobile-friendly interface.
Key Features of the MEXC Mobile App
Trading on the Go
Access spot and futures markets, place orders, and manage your positions from anywhere.
Real-time Notifications
Receive alerts for price movements, order executions, and account activities.
Portfolio Management
Track your holdings, monitor performance, and manage your crypto assets in one place.
How to Download and Install the MEXC App
For iOS Users:
- Open the App Store on your device
- Search for “MEXC”
- Tap “Get” to download and install
- Open the app and log in with your MEXC credentials
For Android Users:
- Open Google Play Store on your device
- Search for “MEXC”
- Tap “Install” to download and install
- Open the app and log in with your MEXC credentials
Mobile Trading Tutorial
Here’s a quick guide to placing a trade using the MEXC mobile app:
- Open the app and log in to your account
- Tap “Markets” at the bottom of the screen to view available trading pairs
- Select your desired trading pair (e.g., BTC/USDT)
- Tap “Trade” to open the trading interface
- Choose your order type (Market, Limit, etc.)
- Enter the amount you wish to buy or sell
- Review your order details and tap “Buy” or “Sell” to execute
Pro Tip: Enable biometric authentication (fingerprint or face recognition) in the app settings for faster and more secure login.
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How to Deposit and Withdraw on MEXC Exchange
Managing your funds on MEXC is straightforward once you understand the available options. Let’s walk through the deposit and withdrawal processes.
Deposit Methods on MEXC
MEXC supports several methods for funding your account:
Crypto Deposits
Deposit any supported cryptocurrency directly from your external wallet to your MEXC account.
Credit/Debit Card
Purchase crypto directly using Visa or MasterCard through MEXC’s Quick Buy feature or third-party providers.
Bank Transfer
Deposit EUR via SEPA transfers (available for verified users in supported European countries).
P2P Trading
Buy crypto directly from other users using various payment methods through MEXC’s P2P marketplace.
Third-Party Providers
Use services like Banxa, Mercuryo, or MoonPay to purchase crypto with additional payment options.
Does MEXC support fiat deposits?
Yes, MEXC supports fiat deposits through several methods. You can deposit EUR via SEPA transfers if you’re in a supported European country and have completed advanced KYC verification. Additionally, you can purchase crypto directly with fiat using credit/debit cards or through the P2P marketplace.
How to Deposit Cryptocurrency to MEXC
- Log in to your MEXC account
- Click “Deposit” in the top right corner
- Select “Deposit Crypto” from the options
- Choose the cryptocurrency you wish to deposit
- Select the network (make sure to choose the correct one to avoid loss of funds)
- Copy the deposit address or scan the QR code
- Initiate the transfer from your external wallet using the copied address
Important: Always double-check the deposit address and network before sending funds. Using the wrong network may result in permanent loss of your assets.
How to Withdraw from MEXC
When you’re ready to withdraw your funds from MEXC, follow these steps:
- Log in to your MEXC account
- Hover over “Wallet” and select “Withdraw”
- Choose the cryptocurrency you wish to withdraw
- Select the network for the withdrawal
- Enter the recipient address (consider using the whitelist feature for added security)
- Specify the amount you want to withdraw
- Verify the transaction using your 2FA method
- Confirm the withdrawal
Withdrawal Limits and Processing Times
Withdrawal limits on MEXC depend on your verification level:
- Unverified accounts: Up to 10 BTC per day
- Primary KYC verified: Up to 80 BTC per day
- Advanced KYC verified: Up to 200 BTC per day
Processing times for withdrawals vary depending on the cryptocurrency and network congestion. Most withdrawals are processed within minutes, but some may take longer during periods of high network activity.
Pro Tip: For lower withdrawal fees, consider using alternative networks when available. For example, withdrawing USDT via TRC20 is typically much cheaper than using the ERC20 network.
Additional MEXC Features and Opportunities
Beyond basic trading, MEXC offers several additional features that can enhance your crypto experience and potentially increase your returns.
Staking on MEXC
MEXC offers both flexible and fixed staking options for various cryptocurrencies, allowing you to earn passive income on your holdings:
Fixed Staking
- Lock your assets for a predetermined period (1-30 days)
- Higher APR compared to flexible staking (up to 400% during special events)
- Available for tokens like USDT, BTC, ETH, USDC, TON, and more
- Early redemption is not available
Flexible Staking
- Stake and unstake at any time without lock-up periods
- Lower APR compared to fixed staking
- Available for tokens like ETHW, TRX, SHIB, DOGE, XRP, and more
- Ideal for maintaining liquidity while earning rewards
MEXC Launchpad and Kickstarter
MEXC provides opportunities to participate in new token launches and projects:
Launchpad
Access new token offerings before they hit the main market. Participation typically requires holding MX tokens and completing KYC verification.
Kickstarter
Vote for new token listings using MX tokens. Successful projects get listed on MEXC, and participants can earn rewards for supporting winning projects.
MEXC Loans
MEXC’s loan feature allows you to use your existing crypto as collateral to borrow other assets for trading or investing without selling your holdings.
Key Loan Features:
- Borrow against your existing crypto holdings
- Multiple loan term options (30, 60, or 90 days)
- Competitive daily interest rates (as low as 0.01%)
- No partial repayments allowed
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Frequently Asked Questions About MEXC Exchange
Is MEXC exchange safe?
Yes, MEXC exchange implements robust security measures including two-factor authentication, anti-phishing codes, withdrawal address whitelists, and cold storage for user funds. The exchange has been operating since 2018 without major security incidents. However, as with any online platform, users should follow best security practices such as using strong passwords and enabling all available security features.
Does MEXC support fiat deposits?
Yes, MEXC supports fiat deposits through several methods. You can purchase crypto directly using credit/debit cards (Visa and MasterCard), deposit EUR via SEPA transfers (for verified users in supported European countries), or use the P2P marketplace to buy crypto with various local payment methods. Third-party payment providers like Banxa, Mercuryo, and MoonPay are also integrated for additional fiat on-ramp options.
How do MEXC trading fees compare to other exchanges?
MEXC offers some of the most competitive trading fees in the industry. With 0% maker fees and 0.05% taker fees for spot trading, and 0% maker fees and 0.02% taker fees for futures trading, MEXC’s fee structure is generally lower than major competitors like Binance. Additionally, users can receive up to 50% discount on trading fees by holding MX tokens, further reducing costs.
Is KYC verification required on MEXC?
Basic trading on MEXC is possible without KYC verification, but with limited withdrawal amounts (up to 10 BTC daily). Completing Primary KYC increases this limit to 80 BTC daily, while Advanced KYC raises it to 200 BTC daily. KYC verification is also required for certain features like fiat deposits via SEPA, OTC trading, and participation in some Launchpad events.
Can I use MEXC in the United States?
No, MEXC does not currently support users from the United States due to regulatory restrictions. Other restricted regions include the United Kingdom, Canada, mainland China, Singapore, and several other countries. Users from these regions cannot register or verify accounts on MEXC.
What is the MX token and how can it benefit me?
MX is MEXC’s native utility token that provides several benefits to holders. By holding at least 500 MX tokens for 24 consecutive hours, users can receive up to 50% discount on trading fees. MX tokens can also be used to participate in Launchpad events, vote for new token listings through Kickstarter, and earn staking rewards. Additionally, MEXC uses 40% of its profits to buy back and burn MX tokens, potentially supporting the token’s value.
Conclusion: Is MEXC Exchange Right for You?
MEXC exchange offers a compelling package for crypto traders with its extensive selection of cryptocurrencies, competitive fee structure, and diverse trading options. The platform stands out for its low trading fees, high liquidity, and innovative features like DEX+ and Meme+ trading zones.
For beginners, MEXC provides an intuitive interface and comprehensive educational resources to help you get started. The ability to trade without KYC verification (with limitations) also makes it accessible for those looking to try the platform before committing to full verification.
Experienced traders will appreciate MEXC’s advanced features like futures trading with high leverage, copy trading, and the extensive selection of altcoins and new tokens. The platform’s competitive fee structure, especially with MX token discounts, makes it particularly attractive for high-volume traders.
However, MEXC may not be suitable for everyone. Users in restricted regions like the United States, United Kingdom, and Canada cannot access the platform. Additionally, those looking for extensive fiat support or advanced trading tools like options might find the platform somewhat limited.
Overall, MEXC exchange represents an excellent option for crypto enthusiasts seeking a balance of variety, low fees, and innovative features. By following the registration and security guidelines outlined in this guide, you can start your MEXC journey with confidence and take advantage of everything this growing exchange has to offer.
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