Cryptocurrencies have revolutionized our understanding of money, introducing decentralized, global financial systems. For these digital assets to succeed, they require reliable platforms for trading this is where crypto exchanges come into play. Serving as vital hubs, these exchanges facilitate the buying, selling, and trading of various cryptocurrencies.
With the rapid growth of the crypto market, exchanges are under increasing pressure to meet demands for low fees, strong security, and a wide array of assets. As highlighted in this MEXC Review by CoinReviews, MEXC is one of the prominent exchanges rising to meet these challenges in the crypto space.
What is MEXC?
Source: MEXC
MEXC, previously known as MXC Exchange, is a global cryptocurrency trading platform where users can buy, sell, and trade digital assets. Established in 2018, it has rapidly expanded, now serving over 10 million users across more than 170 countries and regions. Within its first year, MEXC captured 5% of the global crypto exchange market share. The exchange’s success was further recognized in 2021 when it was awarded “Best Crypto Exchange Asia” at the Dubai Crypto Expo. While the identities of its founders remain undisclosed, MEXC has firmly established itself as a leading player in the crypto industry.
Known for its speed, MEXC boasts a high-performance trading engine capable of processing 1.4 million transactions per second, ensuring smooth and fast trading experiences, even during peak times.
MEXC offers a broad range of services tailored to diverse traders. These include spot trading, futures trading, P2P trading, and copy trading. For users seeking a more diversified investment approach, MEXC also provides staking and earning options, a launchpad for new projects, and demo trading for beginners. Developers can further benefit from MEXC’s API, which allows them to integrate exchange data into their own applications.
The platform is particularly known for its zero-fee trading events, which are held periodically. At the moment, MEXC offers 0% spot maker and 0% futures maker fees, making it an attractive option for active traders. With its user-friendly interface, MEXC is easy to navigate, even for those new to cryptocurrency trading. Additionally, the platform prioritizes security by storing most funds in cold storage and adhering to strict international security standards to ensure the safety of users’ digital assets.
[button url=”https://www.mexc.com/register?inviteCode=12GUgP” target=”blank” style=”3d” background=”#49ef2d” color=”#FFFFFF” size=”10″ wide=”no” center=”yes” radius=”auto” icon=”icon: mail-forward” icon_color=”#FFFFFF” text_shadow=”none”]Visit MEXC[/button]How Does MEXC Exchange Work?
MEXC is a cryptocurrency exchange that ensures the safety of over $500 million in cryptocurrency deposits by using cold storage wallets. These wallets are specifically designed for maximum security and are continuously monitored to protect the assets.
The platform utilizes advanced, high-performance transaction matching technology, allowing for rapid and efficient trading. This system is capable of handling large volumes of trades, matching orders in just milliseconds, making MEXC one of the fastest and most reliable exchanges available.
To further enhance security, MEXC implements two-factor authentication (2FA). This additional layer of protection requires users to input a verification code sent to their mobile or email, along with their password. This ensures that only the rightful account holder can access their account and execute trades on the platform.
In summary, with its robust cold storage security, high-speed transaction matching technology, and two-factor authentication, MEXC provides a safe and secure environment for users while enabling fast and efficient trading
MEXC Exchange Overview
| Type | Our Rating (out of 5) | Comment |
| Number of cryptocurrencies | 4.5 | 1,963 |
| Transaction Fee | 4.5 | 0% for Bitcoin spot trading |
| Customer Experience | 4 | Easy to use |
| Staking | 4 | USDT, BTC, ETH, USDC, and many more |
| Features | 4.5 |
|
| Reliability | 3 | Occasionally warned and negatively evaluated |
| Customer service | 4 | Help Center, Email, Chatbot, Submit Support Request, Report Unusual Transactions, & Social Media |
Pros and Cons
| Pros | Cons |
| Over 1700 cryptocurrencies on offer
| High withdrawal Fees
|
| 0% spot trading fees
| Only supports USD, EUR & GBP for Fiat
|
| Supports passive earning via staking with APRs up to 8.8%
| Not enough educational resources
|
How do I get started with MEXC?
Source: MEXC
Step 1: Create Your MEXC Account
The first step in your journey with MEXC is to create an account. Visit the MEXC website
[button url=”https://www.mexc.com/register?inviteCode=12GUgP” target=”blank” style=”3d” background=”#49ef2d” color=”#FFFFFF” size=”10″ wide=”no” center=”yes” radius=”auto” icon=”icon: mail-forward” icon_color=”#FFFFFF” text_shadow=”none”]Visit MEXC[/button]And click on “Sign Up” in the top right corner. The registration process is simple and fast. You can sign up using either your email address or mobile number. Be sure to create a strong password and keep it secure. After agreeing to the terms and conditions, click “Create an Account” to complete this step.
Step 2: Complete Your KYC Verification
As highlighted in this MEXC Review, MEXC requires KYC (Know Your Customer) verification to ensure a secure and fraud-free trading environment. To complete KYC, you will need to submit a government-issued ID and a selfie for identity confirmation.
To start the process, go to your profile and select “Verification.” You will then have two options: Primary KYC or Advanced KYC. Choose the option that suits you best. The verification process may take up to 24 hours.
Step 3: Deposit Fiat or Cryptocurrency
Once your account is set up and verified, you’re ready to fund your account. MEXC offers several deposit methods based on your region. You can find a full list of available options in the “Buy Crypto” section of the website. Common deposit methods include bank transfers, credit/debit card payments (where available), and P2P (peer-to-peer) trading.
If you already have cryptocurrency on another exchange or wallet, you can transfer it to your MEXC account. Here’s how:
- Go to the “Wallet” section of MEXC.
- Click on “Deposit” and choose the cryptocurrency you want to transfer.
- MEXC will generate a unique deposit address for the selected crypto. Think of this like a bank account number, but for cryptocurrencies.
- Copy the deposit address and go to your other exchange or wallet.
- Find the withdrawal section for the cryptocurrency you’re transferring.
- Paste the MEXC deposit address into the withdrawal address field and double-check for accuracy.
- Confirm the transaction and wait for the transfer to complete. It may take a few minutes depending on the blockchain network.
Step 4: Start Trading
Now that your MEXC account is funded, it’s time to start trading. Navigate to the “Markets” section on the website. You will see various cryptocurrencies available for trading, usually displayed in pairs (e.g., BTC/USDT, where BTC is the currency you’re buying and USDT is what you’re paying with).
Once you’ve chosen your pair, click on “Trade.” Select your order type (Market or Limit), enter the amount of cryptocurrency you wish to buy, and review all the details before confirming your order.
Buy and Sell Crypto Directly
As highlighted in this MEXC Review, the MEXC exchange provides a seamless platform for buying and selling cryptocurrencies. With its intuitive interface, users can quickly navigate to the buying and selling section with just a few clicks. Once on the page, you’ll find a variety of fiat currencies and digital assets to choose from, along with multiple payment options to meet your preferences. The platform allows you to complete crypto transactions in a matter of seconds.
To access this feature, simply click on the “Buy Crypto” tab located at the top left of the screen and select the “Quick Buy/Sell” option.
MEXC Exchange Trading Features
Source: MEXC
Spot Trading
Throughout this MEXC Review, we explore the spot trading platform that MEXC offers, providing an efficient way to buy and sell a vast selection of cryptocurrencies. With over 2300 digital assets and more than 2800 trading pairs, MEXC delivers a wide range of trading options.
The platform supports various types of trading pairs, including stablecoin-to-crypto and crypto-to-crypto pairs. For instance, you can trade pairs like BTC/USDT, BTC/USDC, BTC/ETH, and BTC/TUSD.
MEXC offers a variety of order types to suit different trading strategies:
- Limit Order: Allows you to set a specific price for buying or selling, which will only be executed if the market hits that price.
- Market Order: A straightforward order where you specify the amount to buy or sell, and MEXC executes the transaction at the best available market price.
- Stop-Limit Order: Combines elements of limit and stop-loss orders. Set a stop price, and if the market reaches that price, your order becomes a limit order.
- One Cancels the Other (OCO): Set both a stop-loss and take-profit order, where the first filled order cancels the other.
For technical analysis, MEXC provides a range of indicators, such as K-lines, moving averages, and MACD, along with integration with TradingView for advanced charting tools.
Perpetual Futures Trading
As described in this MEXC Review, MEXC offers a futures trading platform that enables you to enter agreements to buy or sell crypto at a fixed price on a set future date. They provide over 300 futures contracts, with leverage up to 200x.
MEXC supports two main types of futures contracts:
- USDT-Margined Perpetual Futures: Settled in USDT (Tether), tied to the US dollar.
- Coin-Margined Perpetual Futures: Settled in the cryptocurrency itself, such as Bitcoin (BTC).
Unlike traditional futures contracts, MEXC’s perpetual contracts do not have expiration dates.
MEXC offers advanced order types for futures trading:
- Trailing Stop Orders: Automatically follow the price of a crypto to lock in gains or limit losses.
- Trigger Orders: Activate your buy or sell order once a specific price is reached.
- Post-only Orders: Only execute if there’s a matching order at your desired price, helping avoid price slippage.
For margin trading, MEXC lets you choose between Isolated and Cross-margin modes, depending on your risk preference.
MEXC Futures M-Day
Within this MEXC Review, we look at Futures-M Day, an exciting event that reduces trading fees and gives users the chance to earn bonus rewards. During this event, MEXC cuts the taker fee to just 0.01%, and traders can earn entries into a lucky draw for prizes like futures bonuses and a 74,200 USDT prize pool.
Demo Trading
MEXC’s “Demo Trading” feature, as highlighted in this MEXC Review, is perfect for beginners. You get a virtual balance of up to 50,000 USDT to practice trading futures without risking real money. This simulated environment mimics real market conditions, so you can familiarize yourself with the platform’s tools and features.
Copy Trading
MEXC also offers copy trading, where you can follow experienced traders and replicate their strategies. As a follower, you choose a trader based on their performance stats, such as ROI and win rates. After selecting a trader, MEXC automatically copies their trades for you, using your allocated funds. However, you’ll pay up to 15% of any profits as commission to the lead traders.
Quick Buy/Sell (MEXC Express)
MEXC Express provides a quick and convenient way to buy cryptocurrency using familiar payment methods like SEPA, credit cards, and third-party services such as MoonPay, Mercuryo, and Simplex. In this MEXC Review, we highlight how MEXC connects users to third-party providers, handling the actual transaction process with varying fees and limits depending on your location.
P2P Trading
How does Peer to peer trading P2P of MEXC work?
MEXC’s P2P trading service enables direct trading between users, using local currencies such as Vietnamese Dong (VND), Russian Ruble (RUB), and South Korean Won (KRW). The exchange supports over 30 payment methods and allows for fee-free transactions. MEXC uses an escrow system to ensure security by holding the crypto until payment is confirmed. This protection prevents fraud during transactions.
MEXC Staking & Earn Service
MEXC Savings and Loans
When considering MEXC Review, it’s worth noting that MEXC offers users both fixed and flexible staking options, along with crypto loan services. These features allow you to earn passive income by lending out your cryptocurrency holdings, similar to earning interest in a savings account.
With flexible staking, you can earn rewards while keeping the freedom to withdraw your funds at any time. Fixed staking, however, requires you to lock your funds for a specified period (such as 30, 60, or 120 days) in exchange for higher rewards. Some tokens can earn up to 50% APR. For example, BTC currently offers 1.8%, ETH offers 4.8%, and USDT offers 8.8% APR.
MEXC also provides the opportunity to borrow cryptocurrency against your existing holdings as collateral. However, if you fail to repay the loan, MEXC reserves the right to seize your collateral. Interest is calculated daily based on the length of your loan, even if it’s for less than a day. One key point to keep in mind is that partial loan repayments aren’t allowed. You can only make full repayment, and you must wait at least 30 days after borrowing before you can do so. This repayment structure may be different from other exchanges such as OKX or Bitget.
Kickstarter and Launchpad
MEXC Launchpad is where promising new crypto projects are introduced. In this MEXC Review, we highlight that the platform carefully selects projects after thorough vetting, so you can trust that they are legitimate and have growth potential. Launchpad gives these startups the opportunity to gain recognition and attract funding, while you can get in on the ground floor as an early investor.
The Kickstarter feature, on the other hand, allows you to receive airdrops of new projects by holding MX tokens. To qualify for airdrops, you need to hold a minimum of 1,000 MX tokens for 30 days. Additionally, Kickstarter offers up to 100% APR on MX token holdings.
MEXC Mastercard
MEXC Global officially launches MEXC Mastercard to support global payment
MEXC offers a prepaid card called the MEXC Mastercard, which lets you use your cryptocurrency holdings for everyday purchases just like a standard debit card.
When using the MEXC Mastercard, there are a few things to keep in mind. A 1% fee is charged every time you top up your card from your MEXC account. The card allows a maximum transaction limit of 3,000 USDT per purchase, and the total amount you can load onto the card is capped at 100,000 USDT. Additionally, there’s a monthly spending limit of 30,000 USDT.
For transactions within the European Economic Area (EEA), there are no fees. However, transactions outside the EEA come with a 2% fee, with a minimum charge of 0.60 EUR per transaction.
MEXC API Overview
In this MEXC Review, we delve into the platform’s robust API (Application Programming Interface) that caters to users aiming to automate their crypto trading strategies. With the MEXC API, external applications can seamlessly interact with your MEXC account, offering capabilities like placing orders, managing your holdings, and retrieving market data. If you plan to utilize trading bots like 3Commas or Cryptohopper, the API will be essential.
The MEXC API is thoroughly documented, with an extensive guide available on their website. This guide covers each API endpoint, detailing the functions, parameters, and response formats, making it easy
MEXC Review: Trading Fees, Deposits, and Withdrawals
Throughout this MEXC Review, we explore the competitive trading fees that MEXC offers for both spot and futures trading, making it a popular choice for traders. Here’s a breakdown of the fees you’ll encounter on the platform:
Trading Fees
MEXC uses a two-tier fee structure for spot and futures trading, where the fees depend on whether your order adds liquidity (maker) or removes liquidity (taker) from the market.
Spot Trading Fees: MEXC currently offers some of the lowest fees in the industry. Makers enjoy a 0% fee, while takers incur a 0.1% fee on all spot trading pairs. This is a promotional offer and may change in the future, but the general structure is typically 0.1% for both makers and takers.
Futures Trading Fees: Makers are charged a 0% fee, while takers incur a minimal 0.01% fee.
For additional discounts, MEXC provides VIP rates based on your trading volume.
Deposit and Withdrawal Fees
MEXC usually does not charge any fees for cryptocurrency deposits. However, blockchain network fees may apply, which are determined by the specific cryptocurrency being deposited. These fees are not charged by MEXC but are set by the underlying blockchain network, and their cost can vary depending on network congestion.
Withdrawal fees are dependent on the selected cryptocurrency. MEXC provides a transparent fee structure, and you can easily check the exact fee for each cryptocurrency directly on the withdrawal page.
| Coin | Network | Fees |
| USDT | TRC-20 | 1 USDT |
| Ethereum | ERC-20 | 0.001 ETH |
| Bitcoin | BTC | 0.00015 BTC |
| Polkadot | Polkadot | 0.1 DOT |
Minimum Deposit and Withdrawal Limits
MEXC also sets limits for both fiat and cryptocurrency transactions:
- Fiat SEPA Sell Limit: You can sell up to 1,000 EUR worth of cryptocurrency per transaction per day using SEPA, the European payment system.
- Credit/Debit Card Deposit Limits: For credit or debit card deposits, the limits are 1,250 USD, 2,000 EUR, or 1,750 GBP per transaction.
- Crypto Withdrawal Limits: MEXC’s crypto withdrawal limits depend on your verification level. With basic verification (Primary KYC), the withdrawal limit is up to 80 BTC. If your account is fully verified (Advanced KYC), the limit increases to 200 BTC. For institutional accounts, the maximum withdrawal limit is 400 BTC.
How many cryptocurrencies does MEXC support?
Which cryptocurrencies does MEXC exchange allow trading?
Within this MEXC Review, we highlight MEXC Global’s impressive range of supported cryptocurrencies, offering more than 2,300 coins and over 2,800 trading pairs. This includes well-known, high market-cap coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), ensuring that the platform caters to all the major players in the crypto market.
Beyond these, MEXC also provides opportunities for those looking to explore lesser-known coins, featuring a broad selection of low-cap tokens. Moreover, MEXC doesn’t stop at traditional categories—it also offers tokens in emerging sectors like Artificial Intelligence (AI), Real World Assets (RWAs), Decentralized Finance (DeFi), and the Metaverse.
Some of the niche tokens you can find on MEXC include:
- OCEAN
- Chainlink (LINK)
- Aave (AAVE)
- Decentraland (MANA)
- The Sandbox (SAND)
- Filecoin (FIL)
- Cosmos (ATOM)
- Algorand (ALGO)
- XRP
- Polkadot (DOT)
MEXC Security & Regulation
According to our MEXC Review, it’s important to note the exchange’s strong commitment to user security through various protective measures:
- Two-Factor Authentication (2FA): MEXC enhances account protection by offering 2FA. This requires a second verification code in addition to your password, with options for email verification or the Google Authenticator app.
- Cold Storage: To safeguard users’ funds, MEXC stores most cryptocurrencies in cold storage offline wallets that are not connected to the internet, significantly reducing the risk of hacking. Only a small portion of funds remains online for operational purposes.
- Encryption: MEXC employs two industry-standard encryption protocols: SSL (Secure Sockets Layer) and AES-256 (Advanced Encryption Standard), ensuring secure communication between your device and the exchange’s servers.
- Phishing Protection: The platform offers an anti-phishing feature, allowing you to set a unique code that will appear in legitimate emails from MEXC. This code helps you verify whether the email is authentic or a phishing attempt.
- Withdrawal Whitelisting: For additional security, MEXC allows users to restrict withdrawals to pre-approved addresses. If you attempt to withdraw to a new address, it will be blocked until manually added to the whitelist, providing extra protection against unauthorized transactions.
- Penetration Testing: MEXC regularly conducts penetration tests to identify and address potential vulnerabilities in its system before hackers can exploit them.
- Bug Bounty Program: MEXC offers rewards for discovering and reporting bugs, helping the platform identify and resolve security issues proactively.
- Note: It’s worth mentioning that MEXC does not currently hold a valid license in any jurisdiction. Previously, it operated under an Estonian financial license, which was revoked due to money laundering charges.
MEXC’s Security & Regulation is always highly appreciated by investors
Customer Support
Within this MEXC Review, it’s crucial to highlight the customer support options available to users:
MEXC’s Help Center is the primary resource for assistance, offering a wealth of information and detailed guides available 24/7. Whether you need help with setting up your account, understanding different trading features, or managing account security, the Help Center is designed to provide you with the necessary tools and knowledge.
For more immediate assistance, MEXC provides a chatbot that can handle basic inquiries and offer quick solutions to common problems. This AI-powered assistant is available round the clock for your convenience.
If you need more personalized help or if the chatbot is unable to resolve your issue, live chat support is available. Although wait times may vary, live chat lets you connect directly with a support representative who can provide tailored assistance. Additionally, you can submit a support request or even reach out through Telegram for further communication.
That being said, MEXC Review shows that the platform has received mixed customer feedback. On Trustpilot, it holds a relatively low rating of 1.3/5, while the MEXC mobile apps have more favorable scores with an average rating of 3.7/5 on both the Google Play Store and the App Store.
MEXC Review Mobile App
In this MEXC Review, we look at the MEXC mobile app, which enables users to conveniently buy, sell, and trade cryptocurrencies directly from their smartphones. The app is available on both Android and iOS platforms, offering a seamless trading experience.
The MEXC app is designed to be highly user-friendly, with a clear, intuitive interface suitable for both beginners and seasoned traders. It includes all essential features of the desktop platform, such as trading, depositing and withdrawing funds, staking, and more. Additionally, users can set up price alerts and receive push notifications to stay updated on market movements.
Mobile App of MEXC Is This Global Exchange Safe in 2025?
Alternatives to MEXC
Throughout this MEXC Review, we look at the MEXC mobile app, which enables users to conveniently buy, sell, and trade cryptocurrencies directly from their smartphones. The app is available on both Android and iOS platforms, offering a seamless trading experience.
The MEXC app is designed to be highly user-friendly, with a clear, intuitive interface suitable for both beginners and seasoned traders. It includes all essential features of the desktop platform, such as trading, depositing and withdrawing funds, staking, and more. Additionally, users can set up price alerts and receive push notifications to stay updated on market movements.
| Features | MEXC | OKX | Binance |
| Founded | 2018 | 2017 | 2017 |
| Best for | No-KYC altcoin trading | DeFi and Web3 ecosystem | High volume and liquidity |
| Solvent (PoR) | ✓ | ✓ | ✓ |
| Maximum Leverage | 200x | 100x | 125x |
| Web3 Ecosystem | ✗ | ✓ | ✓ |
| Margin Trading | ✗ | ✓ | ✓ |
| Options Trading | ✗ | ✓ | ✓ |
| Supported coins | 2300+ | 327+ | 381+ |
| Trading fees | 0% maker and 0.1% taker | 0.08% maker and 0.1% taker | 0.1% maker/taker |
| US presence | ✗ | Limited (OKCoin operates) | Separate platform Binance US available |
| Native token | MX | OKB | BNB |
Should You Invest in MEXC Exchange for 2025?
As the cryptocurrency landscape continues to evolve, choosing a reliable exchange becomes crucial for both seasoned investors and newcomers. One name that frequently emerges in discussions is MEXC, a rapidly growing exchange known for its wide range of features and high liquidity. But the big question remains: should you invest in MEXC exchange for 2025? Here’s a comprehensive MEXC Review to help you decide.
MEXC has positioned itself as a prominent player in the crypto market, offering a robust trading experience that includes spot, futures, and margin trading options. As we look towards 2025, the exchange’s solid feature set makes it an attractive choice for investors interested in diverse trading options. One of the standout aspects of MEXC is its commitment to supporting a vast array of cryptocurrencies, with hundreds of tokens listed and numerous trading pairs available. This extensive choice gives users access to both well-established coins and emerging tokens, offering more flexibility and opportunities to diversify their portfolios.
A critical factor for many users when choosing an exchange is the fee structure. Fortunately, MEXC boasts competitive trading fees, particularly for spot trading, which are further reduced when users hold the platform’s native MX token. By offering fee discounts through its token, MEXC incentivizes loyal users and ensures that the exchange remains accessible for smaller investors. As this MEXC Review highlights, such a model not only benefits active traders but also appeals to investors interested in maximizing their returns over time.
Will MEXC grow further in 2025?
In addition to low fees, security is a major concern when considering an investment in a cryptocurrency exchange. MEXC addresses this by implementing industry-standard security protocols, including two-factor authentication, withdrawal whitelisting, and cold storage for funds. While no exchange is entirely risk-free, MEXC’s focus on protecting its users’ assets provides some peace of mind. Investors looking towards 2025 can take comfort in the fact that MEXC continues to prioritize security, a critical consideration given the rise in cyber threats and hacks across the crypto industry.
MEXC is also innovating with additional features like staking and yield farming, allowing users to generate passive income on their holdings. These decentralized finance (DeFi) options make MEXC more versatile, catering to investors looking for both active trading and long-term investment options. Furthermore, MEXC’s Launchpad feature provides access to new token projects, giving investors early exposure to promising coins. These features make MEXC more than just a trading platform; it’s a comprehensive ecosystem that supports various investment strategies.
While MEXC offers many benefits, potential investors should also consider a few limitations. The platform’s complex interface may pose a learning curve for beginners, and some users have raised concerns about regional accessibility and customer support. However, for investors who value advanced trading tools and diverse options, MEXC stands out as a platform worth considering.
As a final point, this MEXC Review suggests that MEXC has strong potential for growth in 2025, backed by competitive fees, extensive token support, and valuable investment tools. Although it may not be the ideal platform for every investor, its commitment to security, innovation, and user incentives positions MEXC as a viable option for those seeking a comprehensive exchange with long-term growth prospects. As with any investment, it’s essential to weigh the benefits and risks before making a decision, but MEXC’s features make it a compelling choice for the years ahead.
[button url=”https://www.mexc.com/register?inviteCode=12GUgP” target=”blank” style=”3d” background=”#49ef2d” color=”#FFFFFF” size=”10″ wide=”no” center=”yes” radius=”auto” icon=”icon: mail-forward” icon_color=”#FFFFFF” text_shadow=”none”]Visit MEXC[/button]MEXC Review – Frequently Asked Questions
Is MEXC a secure platform?
Yes, MEXC is considered reasonably secure. The platform has received an AA security rating from an independent assessor, scoring over 86%, which indicates strong protection measures. Security features include cold storage for funds, two-factor authentication (2FA), transparent proof of reserves (PoR) data, and more.
Does MEXC support fiat-to-crypto trading?
No, MEXC currently only supports crypto-to-crypto trading and does not directly offer fiat-to-crypto options. Trading pairs available include stablecoin pairs and pairs like BTC/USDT and ETH/USDT.
Is KYC verification required on MEXC?
MEXC operates a tiered KYC system. Although KYC is not required to begin using the exchange, completing verification unlocks additional features and increases withdrawal limits. Unverified users can withdraw up to 10 BTC daily. Completing Primary and Advanced KYC can increase limits to 80 BTC and 200 BTC, respectively.
Is MEXC accessible to users in the United States?
MEXC is currently unavailable to users in the U.S., likely due to lack of registration with U.S. financial regulators.
Can I withdraw funds from MEXC to a bank account?
No, MEXC does not support direct bank account withdrawals. You can transfer your crypto holdings to another exchange that supports fiat withdrawals, like Coinbase, or use MEXC’s P2P platform to sell your crypto to users who can pay in fiat currency.
Can you withdraw VND from MEXC?
Yes, withdrawing VND from MEXC is possible. To do so, you’ll need to complete KYC verification and then use the P2P transaction method to withdraw funds directly to your bank account.
Which is better: MEXC or Binance?
If trading a wider variety of cryptocurrencies is essential to you, MEXC might be a better choice than Binance. MEXC offers competitive fees, including zero fees on spot trading and a low 0.010% taker fee for futures. While Binance is a larger exchange, its fees are generally higher.
Is MEXC a reputable exchange?
MEXC has been operating for six years and is regarded as a fairly safe exchange, utilizing various security measures to protect users’ funds. However, some users have reported challenges with fund withdrawals, so it’s always wise to be cautious when holding assets on any centralized exchange.
Does MEXC have a referral program
Yes, MEXC offers a referral program that allows users to earn up to 70% in commissions. The amount earned depends on the number of MX Tokens held by the referrer and the trading activity of their referrals.
Conclusion
In the competitive world of cryptocurrency exchanges, finding a platform that aligns with all your needs can be challenging. Looking to trade trending altcoins, tap into the latest market waves, and maximize your profits with low fees? As this MEXC Review by CoinReviews reveals, MEXC may be the perfect fit.
Hopefully, this MEXC Review has clarified what MEXC Global offers, showcasing its valuable features for both beginners and experienced traders. For newcomers, MEXC provides a robust environment to explore altcoin volatility, especially through its copy-trading feature, which allows users to mirror strategies used by professional investors. Meanwhile, experienced traders can benefit from MEXC’s high-leverage options and reward programs that support knowledge-sharing and help boost profits.
MEXC also offers users the ability to stake stablecoins, Bitcoin (BTC), Ethereum (ETH), and a variety of altcoins, creating additional passive income opportunities. If you’re in search of a versatile exchange that keeps pace with the latest trends in cryptocurrency, MEXC stands out as an ideal choice. Join now through the MEXC registration link to enjoy a 1000 USDT bonus and start your journey in this dynamic market!
[button url=”https://www.mexc.com/register?inviteCode=12GUgP” target=”blank” style=”3d” background=”#49ef2d” color=”#FFFFFF” size=”10″ wide=”no” center=”yes” radius=”auto” icon=”icon: mail-forward” icon_color=”#FFFFFF” text_shadow=”none”]Visit MEXC[/button]Read more:
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