MEXC change is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency change permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private data besides the e-mail or telephone quantity they used for registration.
MEXC World has progressively change into the most effective crypto buying and selling platforms because of its big selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the most important crypto pool within the business, MEXC has excessive each day buying and selling quantity, which interprets to excessive liquidity.
The change permits buying and selling, staking, lending, and borrowing companies whereas providing customers extremely low charges on trades. It additionally has a Launchpad, Kickstarter, and Airdrop characteristic, which supplies early entry to new tokens earlier than they’re listed on the platform.
Now, if you’re questioning whether or not it’s protected and safe to purchase and promote crypto on MEXC in 2025, the brief reply is YES. Nonetheless, you will need to be taught extra about how the platform works earlier than leaping in.
Subsequently, on this MEXC assessment, we are going to give you the solutions for what’s MEXC? What are its professionals and cons? What are the buying and selling charges on MEXC? What are the perfect options on MEXC?, and methods to open a brand new account on MEXC crypto change. Let’s dive in!
MEXC Evaluate: What’s It?
MEXC is a high centralized cryptocurrency change the place customers can simply purchase, promote, and commerce digital property. Whereas MEXC prides itself for mega transaction matching expertise, many customers favor it due to its extremely low charges and no necessary Know Your Buyer (KYC) verification necessities, not like different exchanges.
With MEXC, you may entry many companies, together with spot and futures buying and selling, leveraged ETFs (exchange-traded funds), NFT Index, crypto loans, and demo buying and selling instruments for learners. Here’s a nearer have a look at MEXC world change and the way it stands out amongst different platforms.
Alternate
MEXC
Based
2018
Options
Launchpad & Kickstarter
MEXC Futures M-Day
Spot Buying and selling
Copy Buying and selling
Fast registration
Aggressive buying and selling charges
Demo buying and selling
Margin Buying and selling
Sure
Buying and selling Charges
0.1% for makers and takers and even goes as little as 0%.
Know Your Buyer (KYC) Verification
Sure, however not required.
Safety
Two-factor authentication (2FA)
Chilly storage for crypto
Common safety audits
Tackle whitelisting
Supported Cryptocurrencies and Accessible Buying and selling Pairs
2700+ cryptocurrencies and over 3000 pairs.
Accepted Fee Strategies
Cryptocurrency, Third get together fee suppliers, SEPA Financial institution transfers.
System Compatibility
Cellular and desktop.
Geographic Restrictions
MEXC is unavailable in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, the USA, and Canada.
What’s the Execs of MEXC?
As a well-known crypto change, MEXC is standing out by offering many perks to their customers, the professionals of MEXC change are:
Largest Collections of Altcoins: MEXC is common for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital property than another change within the crypto business (with over 2700 supported crypto and 3000+ buying and selling pairs)
Fast Registration: You may full MEXC registration in below a minute. It is because you solely want an e-mail or a telephone quantity to register and entry MEXC buying and selling companies.
Non-compulsory KYC: When you add the verification code despatched to your e-mail, you’re in, and you can begin buying and selling instantly. You don’t want to finish the KYC verification to have the ability to withdraw your digital property.
With out KYC, you may withdraw between 10-30 BTC each day, which is greater than sufficient for a lot of particular person merchants. Nonetheless, you may at all times full the KYC verification course of to spice up your withdrawal restrict to 80 or 200 BTC as your wants develop.
Copy buying and selling Instruments: This platform helps new customers benefit from their investments by copying the buying and selling methods of skilled merchants. You get entry to essential particulars in regards to the dealer, together with their observe report, return on investments, and wins. If you happen to like several merchants’ observe information, you may merely click on “Copy Commerce,” and orders will probably be mechanically positioned in your behalf.
Futures Demo Buying and selling: If you’re apprehensive about risking your cash on crypto trades, you should utilize the Demo Buying and selling interface to apply earlier than you begin. While you join demo buying and selling, you’ll obtain a $50,000 check account that offers you a easy, risk-free strategy to strive futures buying and selling and different buying and selling choices on MEXC Alternate.
Incomes Choices: Customers can stake their property by way of Financial savings, Easy Earn, and New Token Mining with mounted and versatile phrases in change for rewards. That is particularly essential for customers seeking to develop property with minimal each day buying and selling on the spots or futures markets.
With Financial savings, you’ll get each day curiosity payouts between 0.08% – 20% annual share yield (APY). On the flip aspect, you too can use MEXC Loans to borrow crypto by placing up one other crypto asset as collateral.
What’s the Cons of MEXC?
The cons of MEXC Alternate are;
The Alternate is Largely Unregulated: MEXC cryptocurrency change will not be regulated in lots of international locations because it lacks authorization from monetary authorities in a number of jurisdictions, together with the US, Canada, and Germany. In Germany, BaFin has warned that MEXC world change is providing monetary companies with out the required licenses.
Complaints About Locking Consumer Funds: MEXC has been dealing with backlash for claims of locking person funds despite the fact that the expertise will not be constant throughout a number of customers. A MEXC assessment on Trustpilot stated, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere received banned with no causes and rationalization. One other person stated, “They’ve despatched me an Electronic mail to withdraw your property inside a brief time frame, however my property are frozen (can’t promote and change them for different cryptos) and cannot withdraw as a result of XCH (chia community) has been in upkeep mode for months so i cannot withdraw my XCH….”
Not the Most Newbie Pleasant Platforms: Attributable to its massive coin choices and plenty of different options, buying and selling on MEXC is perhaps slightly difficult for learners. Nonetheless, the platform offers instructional assets and a easy in-app information to assist new customers.
What Are the Greatest Options of MEXC
One of the best options of MEXC are the Launchpad and Kickstarter, MEXC Futures M-Day, Spot Buying and selling, and Copy Buying and selling. Let’s break down these options to get a greater understanding of how they impression your expertise on the change:
1. MEXC Launchpad & Kickstarter
It may be difficult to find and spend money on promising Blockchain tasks earlier than they hit the mainstream. The MEXC world change provides two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.
They’re designed to assist customers uncover and spend money on promising blockchain tasks whereas offering incentives reminiscent of airdrops and rewards to encourage members.
For the MEXC Launchpad, the change makes use of a rigorous choice course of to make sure that solely tasks that meet strict standards are featured. This contains evaluating the mission’s staff, market demand, and potential.
Customers can earn free token airdrops by holding MX tokens. For example, should you maintain not less than 2,000 MX tokens, you may take part in airdrop occasions and make large returns when tasks launch.
To take part in Launchpad occasions:
Purchase and maintain not less than 1,000 MX tokens in your spot pockets for 30 consecutive days.
Commit your MX tokens throughout Non-lockup Occasions utilizing the Fast Commit characteristic.
Airdrops will then be distributed primarily based on the proportion of tokens dedicated.
Then again, the Kickstarter occasion is one other initiative by MEXC platform that goals to assist new tasks throughout their pre-launch section. You and different customers can take part by voting to your favourite Blockchain tasks. Profitable votes result in free rewards and token airdrops for members.
Just like the Launchpad, there are necessities that qualify customers to take part in Kickstarter occasions. Customers should maintain not less than 500 MX tokens for twenty-four hours earlier than the occasion begins. The quantity of MX tokens held determines what number of tokens could be dedicated through the occasion.
2. MEXC Futures M-Day
MEXC Futures M-Day is a promotional occasion designed to encourage customers to take part in particular token itemizing occasions. Customers can obtain airdrops as rewards by buying and selling within the explicit inventory designated by MEXC.
This occasion is held all yr spherical, however the tokens change relying on the time of yr, so if you wish to take part, you should watch the occasion typically. For example, MEXC held an occasion final yr to encourage customers to commerce in USDT-M futures on the cryptocurrency change.
Members earned rewards by way of a fortunate draw primarily based on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; for example, it could possibly be set at 40,000 USDT or extra.
The upper the transaction quantity, the extra tickets a person can declare for the draw. Right here’s how one can qualify to take part;
You should register for every occasion to take part on the MEXC web site or cell app.
Interact in buying and selling the actual token within the futures market to build up quantity and earn tickets.
Throughout the ticket declare interval, declare your tickets primarily based in your buying and selling exercise.
After the occasion concludes, MEXC will announce the outcomes and distribute rewards.
Collaborating in MEXC M-Day can get you rewards whether or not you win or not. Participation alone will get you free raffle tickets with futures bonuses. One lottery ticket will probably be awarded for each 45,000 USDT buying and selling quantity, which you should utilize as a margin and withdraw your earnings.
3. Spot Buying and selling
The MEXC platform has a spot market just like different exchanges. You should buy and promote crypto simply and make the most of MEXC’s excessive liquidity. Attributable to a excessive buying and selling quantity, your orders will probably be fulfilled shortly, and you will get good charges when making trades.
Moreover, the platform has a complicated buying and selling dashboard with pairs largely pegged with USDT. The dashboard shows buying and selling data, together with the 24-hour, 7-day, and 30-day buying and selling quantity of the actual pair you select.
4. Copy Buying and selling
MEXC’s Copy Buying and selling characteristic permits new customers to mechanically replicate the buying and selling methods of skilled merchants in futures markets. You may choose lively merchants primarily based on their observe report and efficiency metrics, reminiscent of return on funding (ROI), 7-day win fee, and revenue and loss (PNL).
To take part, you solely must deposit funds to your copy commerce account, fill in your particulars, and comply with skilled merchants to start out copying their buying and selling methods. All orders are positioned mechanically while you resolve to comply with a dealer, and no extra charges are charged for copy buying and selling transactions.
Different MEXC Crypto Alternate Options
P2P Buying and selling: In addition to shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers may commerce crypto property with different customers on the MEXC platform with out middlemen. In change for an area forex or vice versa, you may commerce digital property on the P2P market, together with USDT, USDC, BTC, and ETH.
MEXC Token Airdrops: MEXC regularly hosts token airdrops, letting you earn rewards by finishing easy duties like depositing funds or making trades. If you wish to take part in airdrop campaigns, you need to verify the “Token Airdrop” web page typically to catch such occasions earlier than they finish.
MEXC Referral Program: Like different exchanges, MEXC affiliate portal allows customers to make extra rewards by selling the platform. As a referrer, you may earn as much as 70% fee on each commerce your referrals make on MEXC’s spot and futures markets.
These rewards are usually not one-way advantages; referrals additionally qualify for rewards, reminiscent of a $20 join bonus, and entry to high business occasions. So, should you’d quite open an account and commerce each day with out being an affiliate, use the promo code: mexc-cnjreview for unique rewards and airdrops.
What’s Buying and selling charges on MEXC?
The buying and selling charges on MEXC is low, inserting it above Binance and different exchanges by way of low charges. Under is a breakdown of the charges MEXC fees for spot, futures, and margin buying and selling.
Spot Buying and selling Charges
MEXC’s spot transaction charges are 0.05% for each makers and takers. Nonetheless, there are a number of methods to scale back these charges:
MX Deduction: Use MEXC’s native platform token, MX, to obtain a 20% low cost on buying and selling charges.
Maintain MX: Maintain not less than 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges.
In style buying and selling pairs: Some common buying and selling pairs, reminiscent of XRP/USDT and XRP/USDC, have a 0% spot transaction charge.
Moreover, MEXC Alternate provides particular buying and selling pairs with zero charges for makers and takers. Examples of such spots market particular buying and selling pairs are PEN/USDT, XRP/USDC, and APT/USDT.
Futures Buying and selling Charges
MEXC presently has the bottom futures buying and selling prices out there in the intervening time. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional cut back the buying and selling charges, you may maintain MX place above 500 over the past 24 hours, permitting you to immediately take pleasure in a 50% low cost on futures buying and selling prices.
Moreover, you may take pleasure in 20% off buying and selling charges while you switch MX into your futures account and offset USDT-margined futures buying and selling prices. Or, you may commerce particular buying and selling pairs with 0% buying and selling charges like APT/USDT, TONCOIN/USDT, DOGS/USDT, NOT/USDT, and KAS/USDT on the Futures market.
Different MEXC Charges: Deposit and Withdrawal Charges
MEXC Alternate doesn’t cost charges on deposits for any cryptocurrency. However, for withdrawals, charges fluctuate relying on the cryptocurrency you’re withdrawing with some going without cost. For example, withdrawing Tether USDT on MEXC is free, however there’s a minimal withdrawal quantity of 10 USDT.
Then if you’re withdrawing Bitcoin (BTC), the minimal withdrawal quantity is 0.00015BTC and withdrawal charge capped at 0.00003 BTC. It is very important word that MEXC withdrawal charges change extra time and are charged in line with the present community situations. Please at all times verify essentially the most up to date MEXC charge listed on every withdrawal web page.
Learn how to Open New Account to Purchase and Promote Crypto on MEXC?
Create an account with MEXC and begin buying and selling.
To open an account on MEXC to purchase and promote crypto, you may:
Go to the MEXC homepage, or obtain the app, and click on “Signal Up”
Fill out your e-mail or telephone quantity within the registration kind and click on Signal Up.
Confirm your e-mail or telephone quantity with a 6-digit code or the hyperlink despatched to your e-mail and you’re in.
You may as well log in to MEXC Alternate utilizing a third-party account, like Google, Apple, MetaMask Pockets, or Telegram.
You solely want an e-mail to open a MEXC account. As soon as your account is about up, you should purchase your first crypto, promote it, and commerce cryptocurrencies as you please.
Always remember to use our MEXC referral code to help you in your crypto journey.
Observe these steps to purchase your first crypto on MEXC Alternate:
Select the [Deposit] tab, choose the fiat forex to pay with (EUR, USD, JPY, and many others), and choose the crypto you want to obtain.
Then, enter the quantity you wish to pay or the quantity you want to obtain.
Click on [Buy USDT or the crypto you selected] and choose an acceptable fee technique.
Upon fee affirmation, the crypto you obtain will probably be deposited into your MEXC account mechanically.
Observe these steps to promote your crypto:
On the identical web page, select the [Sell] tab, and choose the crypto you wish to promote and the fiat forex you want to obtain.
Then, enter the quantity of crypto you wish to promote or the quantity of fiat you want to obtain.
Click on [Sell USDT] and choose a fee technique for the client to make the fee within the chosen receiving cryptocurrency.
As soon as your order has been processed, the client will make the fee within the chosen receiving cryptocurrency by way of the fee technique you chose.
In contrast to different exchanges, you may successfully transact on MEXC Alternate with out KYC. Nonetheless, to maneuver from Unverified (10-30 BTC each day withdrawal restrict) to Major or Superior degree (200 BTC each day withdrawal restrict), you must full KYC utilizing these steps:
Go to your account and click on in your profile icon. You will note “Identification verification” on the high proper nook of the web page.
Click on on it and choose the kind of verification you wish to full (main or superior).
Select your nation or area and the kind of government-issued ID you’ll use. Then comply with MEXC directions to finish the facial recognition verification.
MEXC Alternate will assessment your paperwork and ship you an e-mail as soon as the method is full.
“What Are the MEXC Supported Nations?”
MEXC is accessible in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 international locations. This makes it some of the accessible crypto exchanges on the planet.
What Are the MEXC Restricted Nations?
MEXC Alternate will not be accessible in every single place. It’s not accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, the USA, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).
Attributable to authorized and regulatory restrictions, you can not open an account or commerce on MEXC Alternate if you’re positioned in considered one of these areas. Nonetheless, some merchants use VPN to bypass detection and entry MEXC companies. They continue to be “Unverified” merchants with a each day withdrawal restrict beginning at 10 BTC.
At all times keep in mind that MEXC reserves the proper to take speedy motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, should you resolve to make use of a VPN, guarantee it’s at all times on whereas logging in to the platform.
What Are the Greatest Options for MEXC?
One of the best options to MEXC are Bybit, KuCoin, Binance, and BingX. These greatest crypto exchanges supply a big collection of crypto like MEXC, they’ve aggressive charges, and supply a number of options to present customers a easy buying and selling expertise.
Whereas a few of these options, together with Binance and Bybit, require KYC verification, it’s non-compulsory on BingX. However earlier than you resolve on an change to discover, the highest MEXC options are summarized within the comparability desk under that can assist you make knowledgeable selections;
Alternate
MEXC
Bybit
Binance
BingX
Kucoin
Based
2018
2018
2017
2018
2017
Options
Launchpad
Kickstarter
Futures M-Day
Spot Buying and selling
Copy Buying and selling
Launchpad
NFT Market
Copy Buying and selling
Buying and selling (spot, futures, and margin).
Futures and leveraged buying and selling.
Spot Buying and selling
Launchpad and Launchpool
Binance Earn
Low charges
Spot and futures buying and selling
Copy buying and selling
No leverage buying and selling.
Futures and leveraged buying and selling.
Spot Buying and selling
Buying and selling bots
Low charges
Margin Buying and selling
Sure
Sure
Sure
Sure
Sure
Buying and selling Charges
0.1% for makers and takers. The charges go as little as 0%.
0.1% maker and taker orders in spot buying and selling. 0.02% for makers and 0.055% for takers in futures buying and selling.
0.10% for spot buying and selling and 0.50% for immediate purchase and promote transactions.
0.1% for spot buying and selling, 0.0200% for maker, and 0.0500% taker charges for perpetual futures.
A base buying and selling charge of 0.1% for each makers and takers.
KYC Verification
Sure, however it’s not necessary.
Required (Tiered)
Required
Sure, however not required.
Sure, tiered.
Safety
2FA, chilly storage, and tackle whitelisting.
Chilly storage and two-factor authentication.
2FA, tackle whitelisting, and chilly storage of crypto.
KYC verification and two-factor authentication.
Insurance coverage protection and 2FA.
Supported Cryptocurrencies and Accessible Buying and selling Pairs
2700+ cryptocurrencies and over 3000+ pairs.
1000+ and 300+ spot pairs.
500+ and 1300+ pairs.
700+ and 1100+ pairs.
700+ and 1200+ pairs.
Accepted Fee Strategies
Cryptocurrency, Third get together fee suppliers, P2P buying and selling, SEPA Financial institution transfers.
Crypto, credit score/debit playing cards, financial institution transfers, and third-party companies, P2P buying and selling.
Crypto, native transfers, credit score/debit playing cards, and Binance Pay4, and P2P buying and selling.
Crypto, Visa, and Mastercard.
Crypto, bank cards by way of third-party suppliers and P2P buying and selling.
System Compatibility
Cellular and desktop.
Cellular and desktop
Cellular and desktop
Cellular and desktop
Web site and cell apps.
Geographic Restrictions
Not accessible in North Korea, the USA, Canada and 10 extra international locations.
Not accessible in the USA, Canada, Singapore, France, and extra.
Not accessible within the US, UK, and a number of other European international locations.
United States, Canada, and different international locations.
US, mainland China, and different international locations.
By way of cryptocurrency choice, person safety, and options, the perfect MEXC options are Binance and Bybit. The 2 platforms supply varied buying and selling pairs, 1000’s of crypto, and aggressive buying and selling charges, however they require KYC. Additionally they present varied options, together with Buying and selling bots, staking, saving, NFT market, and extra. If you wish to perceive extra about these options, take a look at our detailed Binance assessment for extra data.
Nonetheless, when speaking about ‘no necessary’ KYC verification options for MEXC Alternate, think about using BingX and Kucoin. Although they’re restricted in sure areas, you should utilize a VPN service to entry these exchanges. However moreover the non-compulsory KYC, these exchanges additionally assist a number of Altcoins.
Since this information is on MEXC assessment, we solely supplied a short overview of every of those exchanges options. So, do your individual analysis to find out which platform is the perfect crypto buying and selling various for MEXC world change.
How Many Cryptocurrencies Accessible on MEXC?
MEXC provides buying and selling for over 2,700 cryptocurrencies, which is extra crypto assist than the vast majority of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is likely one of the main causes MEXC is common within the crypto house.
Is MEXC Secure and Legit to Purchase and Promote Crypto in 2025?
Sure, MEXC is protected and legit to purchase/promote crypto in 2025. The platform has been working since 2018 and has by no means been hacked or misplaced person funds. They safe person funds utilizing strong security measures like chilly pockets storage, multi-sig authorizations, and superior encryption.
Nonetheless, there have been complaints about MEXC locking person funds and delisting tokens with out warning. A person claimed that “They banned the account and my staff members’ account additionally. We’ve got greater than 50 {Dollars} on our account. Once we contacted them individually they requested me to submit the holding NID and a paper the place we write “MEXC Account” and E-mail or UID…”
“…And so they listing cash randomly and most of them are Honeypot cash. As like GEGS, NGH, Wifceo, LAG and many others(Delisted). They’re itemizing honeypot cash and wiping the purchasers’ funds…”
Whereas a few of these complaints are unverified and never settled, MEXC has superior safety protocols in place. Additionally they launched a press release when one other person allegedly misplaced over $92k because of account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;
“Concerning the account restrictions and points associated to futures buying and selling/property that you’ve raised, our threat management system and related personnel have performed an intensive examination. It has been recognized that there have been irregular buying and selling actions in your account and related accounts. In accordance with the phrases of use, we’ve taken measures to get better the losses incurred.”
One other potential concern could possibly be that MEXC is unregulated in most jurisdictions, together with the USA, North Korea, Mainland China, and Canada. Nonetheless, this case is not any completely different than different high exchanges within the house dealing with regulatory challenges in comparable areas like Binance and Bybit.
However if you’re nonetheless involved in regards to the security of your digital property, you may simply take safety a step additional. Safe your account with two-factor authentication (2FA), tackle whitelisting for crypto withdrawals, and even full Superior KYC if you’re a resident of a MEXC supported nation.
Does MEXC Require KYC to Withdraw?
No, MEXC permits customers to withdraw with out KYC. Nonetheless, your each day withdrawal restrict as an Unverified person is the equal of 10 BTC.
“What’s the MEXC Withdrawal Restrict With out KYC?”
With out KYC verification, MEXC imposes a withdrawal restrict of 10 BTC each 24 hours. You may enhance your withdrawal restrict by finishing both Major or Superior KYC. Major KYC permits withdrawals of as much as 80 BTC inside 24 hours, whereas Superior KYC will increase this restrict to 200 BTC and contains extra options like OTC buying and selling.
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