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 info besides the e-mail or cellphone quantity they used for registration.
MEXC International has step by step turn out to be top-of-the-line 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 trade, MEXC has excessive day by 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 provides early entry to new tokens earlier than they’re listed on the platform.
Now, in case you are questioning whether or not it’s protected and safe to purchase and promote crypto on MEXC in 2025, the brief reply is YES. Nevertheless, you will need to study extra about how the platform works earlier than leaping in.
Due to this fact, on this MEXC assessment, we’ll give you the solutions for what’s MEXC? What are its execs and cons? What are the buying and selling charges on MEXC? What are the perfect options on MEXC?, and the best way to open a brand new account on MEXC crypto change. Let’s dive in!
MEXC Assessment: What’s It?
MEXC is a prime centralized cryptocurrency change the place customers can simply purchase, promote, and commerce digital belongings. Whereas MEXC prides itself for mega transaction matching expertise, many customers want it due to its extremely low charges and no obligatory Know Your Buyer (KYC) verification necessities, in contrast to 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 newbies. Here’s a nearer take a look at MEXC world change and the way it stands out amongst different platforms.
Trade MEXCFounded2018OptionsLaunchpad & KickstarterMEXC Futures M-DaySpot Buying and sellingCopy Buying and sellingFast registration Aggressive buying and selling chargesDemo buying and sellingMargin Buying and selling SureBuying and selling Charges0.1% for makers and takers and even goes as little as 0%.Know Your Buyer (KYC) VerificationSure, however not required.Safety Two-factor authentication (2FA)Chilly storage for cryptoCommon safety auditsTackle whitelistingSupported Cryptocurrencies and Obtainable Buying and selling Pairs2700+ cryptocurrencies and over 3000 pairs.Accepted Cost StrategiesCryptocurrency, Third celebration fee suppliers, SEPA Financial institution transfers.Machine 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 standard for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital belongings than some other change within the crypto trade (with over 2700 supported crypto and 3000+ buying and selling pairs)Fast Registration: You may full MEXC registration in beneath a minute. It is because you solely want an e-mail or a cellphone quantity to register and entry MEXC buying and selling companies.Non-obligatory KYC: When you add the verification code despatched to your e-mail, you might be in, and you can begin buying and selling instantly. You do not want to finish the KYC verification to have the ability to withdraw your digital belongings.
With out KYC, you may withdraw between 10-30 BTC day by day, which is greater than sufficient for a lot of particular person merchants. Nevertheless, you may all the time 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 take advantage of their investments by copying the buying and selling methods of skilled merchants. You get entry to necessary particulars concerning the dealer, together with their monitor file, return on investments, and wins. Should you like several merchants’ monitor data, you may merely click on “Copy Commerce,” and orders will probably be mechanically positioned in your behalf.Futures Demo Buying and selling: In case you are apprehensive about risking your cash on crypto trades, you should use the Demo Buying and selling interface to observe earlier than you begin. While you join demo buying and selling, you’ll obtain a $50,000 check account that provides you a easy, risk-free method to attempt futures buying and selling and different buying and selling choices on MEXC Trade.Incomes Choices: Customers can stake their belongings via Financial savings, Easy Earn, and New Token Mining with fastened and versatile phrases in change for rewards. That is particularly necessary for customers seeking to develop belongings with minimal day by day buying and selling on the spots or futures markets.
With Financial savings, you’re going to get day by day curiosity payouts between 0.08% – 20% annual share yield (APY). On the flip aspect, you may also 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 Trade are;
The Trade is Largely Unregulated: MEXC cryptocurrency change will not be regulated in lots of nations 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 mandatory 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 clarification. One other person stated, “They’ve despatched me an E-mail to withdraw your belongings inside a brief time frame, however my belongings are frozen (can not promote and change them for different cryptos) and can’t withdraw as a result of XCH (chia community) has been in upkeep mode for months so i can’t withdraw my XCH….”Not the Most Newbie Pleasant Platforms: Because of its massive coin choices and lots of different options, buying and selling on MEXC may be slightly difficult for newbies. Nevertheless, the platform supplies academic sources 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 initiatives earlier than they hit the mainstream. The MEXC world change affords 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 initiatives whereas offering incentives corresponding to 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 initiatives that meet strict standards are featured. This contains evaluating the venture’s staff, market demand, and potential.
Customers can earn free token airdrops by holding MX tokens. As an example, if you happen to maintain no less than 2,000 MX tokens, you may take part in airdrop occasions and make large returns when initiatives launch.
To take part in Launchpad occasions:
Purchase and maintain no 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 based mostly on the proportion of tokens dedicated.
However, the Kickstarter occasion is one other initiative by MEXC platform that goals to assist new initiatives throughout their pre-launch part. You and different customers can take part by voting to your favourite Blockchain initiatives. 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 no 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 will 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 12 months spherical, however the tokens change relying on the time of 12 months, so if you wish to take part, you could watch the occasion typically. As an example, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency change.
Members earned rewards via a fortunate draw based mostly on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; as an 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;
It’s essential to register for every occasion to take part on the MEXC web site or cellular app.Have interaction in buying and selling the actual token within the futures market to build up quantity and earn tickets.Through the ticket declare interval, declare your tickets based mostly in your buying and selling exercise.After the occasion concludes, MEXC will announce the outcomes and distribute rewards.
Taking part 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 use as a margin and withdraw your earnings.
3. Spot Buying and selling
The MEXC platform has a spot market much like different exchanges. You should purchase and promote crypto simply and reap the benefits of MEXC’s excessive liquidity. Because of a excessive buying and selling quantity, your orders will probably be fulfilled rapidly, and you will get good charges when making trades.
Moreover, the platform has a complicated buying and selling dashboard with pairs principally pegged with USDT. The dashboard shows buying and selling info, 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 energetic merchants based mostly on their monitor file and efficiency metrics, corresponding to return on funding (ROI), 7-day win price, and revenue and loss (PNL).
To take part, you solely have to 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 whenever you resolve to comply with a dealer, and no further charges are charged for copy buying and selling transactions.
Different MEXC Crypto Trade Options
P2P Buying and selling: In addition to shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers also can commerce crypto belongings with different customers on the MEXC platform with out middlemen. In change for a neighborhood foreign money or vice versa, you may commerce digital belongings on the P2P market, together with USDT, USDC, BTC, and ETH. MEXC Token Airdrops: MEXC incessantly 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, it is best to test the “Token Airdrop” web page typically to catch such occasions earlier than they finish.MEXC Referral Program: Like different exchanges, MEXC affiliate portal permits customers to make further 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 usually are not one-way advantages; referrals additionally qualify for rewards, corresponding to a $20 join bonus, and entry to prime trade occasions. So, if you happen to’d fairly open an account and commerce day by 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 when it comes to low charges. Beneath is a breakdown of the charges MEXC expenses 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. Nevertheless, there are just a few 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 no 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 standard buying and selling pairs, corresponding to XRP/USDT and XRP/USDC, have a 0% spot transaction charge.
Moreover, MEXC Trade affords 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 at present has the bottom futures buying and selling prices available in the market in the intervening time. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional scale 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 whenever 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 Trade doesn’t cost charges on deposits for any cryptocurrency. However, for withdrawals, charges fluctuate relying on the cryptocurrency you might be withdrawing with some going without spending a dime. As an example, withdrawing Tether USDT on MEXC is free, however there’s a minimal withdrawal quantity of 10 USDT.
Then in case you are withdrawing Bitcoin (BTC), the minimal withdrawal quantity is 0.00015BTC and withdrawal charge capped at 0.00003 BTC. It is very important observe that MEXC withdrawal charges change extra time and are charged in line with the present community situations. Please all the time test 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 cellphone quantity within the registration kind and click on Signal Up.Confirm your e-mail or cellphone quantity with a 6-digit code or the hyperlink despatched to your e-mail and you might be in.You can even log in to MEXC Trade 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 buy 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.
Comply with these steps to purchase your first crypto on MEXC Trade:
Select the [Deposit] tab, choose the fiat foreign money to pay with (EUR, USD, JPY, and so on), and choose the crypto you want to obtain.Then, enter the quantity you need to pay or the quantity you want to obtain.Click on [Buy USDT or the crypto you selected] and choose an appropriate fee technique.Upon fee affirmation, the crypto you purchased will probably be deposited into your MEXC account mechanically.
Comply with these steps to promote your crypto:
On the identical web page, select the [Sell] tab, and choose the crypto you need to promote and the fiat foreign money you want to obtain. Then, enter the quantity of crypto you need 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.
Not like different exchanges, you may successfully transact on MEXC Trade with out KYC. Nevertheless, to maneuver from Unverified (10-30 BTC day by day withdrawal restrict) to Major or Superior stage (200 BTC day by day withdrawal restrict), you must full KYC utilizing these steps:
Go to your account and click on in your profile icon. You will notice “Identification verification” on the prime proper nook of the web page.Click on on it and choose the kind of verification you need to full (major 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 Trade 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 obtainable in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 nations. This makes it one of the vital accessible crypto exchanges on the earth.
What Are the MEXC Restricted Nations?
MEXC Trade will not be obtainable all over the place. It isn’t 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).
Because of authorized and regulatory restrictions, you can’t open an account or commerce on MEXC Trade in case you are positioned in one among these areas. Nevertheless, some merchants use VPN to bypass detection and entry MEXC companies. They continue to be “Unverified” merchants with a day by day withdrawal restrict beginning at 10 BTC.
At all times do not forget that MEXC reserves the precise to take fast motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, if you happen to resolve to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.
What Are the Greatest Alternate options for MEXC?
One of the best alternate options to MEXC are Bybit, KuCoin, Binance, and BingX. These finest crypto exchanges supply a big choice of crypto like MEXC, they’ve aggressive charges, and supply a number of options to provide customers a clean buying and selling expertise.
Whereas a few of these alternate options, together with Binance and Bybit, require KYC verification, it’s optionally available on BingX. However earlier than you resolve on an change to discover, the highest MEXC alternate options are summarized within the comparability desk beneath that will help you make knowledgeable selections.
Trade MEXCBybitBinance BingXKucoinFounded20182018201720182017OptionsLaunchpad
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 SureSureSureSureSureBuying and selling Charges0.1% 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 fast 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 obligatory.Required (Tiered)Required Sure, however not required.Sure, tiered.Safety 2FA, chilly storage, and deal with whitelisting.Chilly storage and two-factor authentication.2FA, deal with whitelisting, and chilly storage of crypto.KYC verification and two-factor authentication.Insurance coverage protection and 2FA.Supported Cryptocurrencies and Obtainable Buying and selling Pairs2700+ cryptocurrencies and over 3000+ pairs.1000+ and 300+ spot pairs.500+ and 1300+ pairs.700+ and 1100+ pairs.700+ and 1200+ pairs.Accepted Cost StrategiesCryptocurrency, Third celebration 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 via third-party suppliers and P2P buying and selling.Machine Compatibility Cellular and desktop.Cellular and desktop Cellular and desktop Cellular and desktop Web site and cellular apps.Geographic Restrictions Not obtainable in North Korea, the USA, Canada and 10 extra nations.Not obtainable in the USA, Canada, Singapore, France, and extra.Not obtainable within the US, UK, and several other European nations.United States, Canada, and different nations.US, mainland China, and different nations.
By way of cryptocurrency choice, person safety, and options, the perfect MEXC alternate 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. In addition they present varied options, together with Buying and selling bots, staking, saving, NFT market, and extra. If you wish to perceive extra about these alternate options, take a look at our detailed Binance assessment for extra info.
Nevertheless, when speaking about ‘no obligatory’ KYC verification alternate options for MEXC Trade, think about using BingX and Kucoin. Although they’re restricted in sure areas, you should use a VPN service to entry these exchanges. However in addition to the optionally available 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 personal analysis to find out which platform is the perfect crypto buying and selling various for MEXC world change.
How Many Cryptocurrencies Are Obtainable on MEXC?
MEXC affords buying and selling for over 2,700 cryptocurrencies, which is extra crypto assist than nearly all of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is likely one of the main causes MEXC is standard within the crypto house.
Is MEXC Protected 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 sturdy safety features 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. After 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…”
“…They usually record cash randomly and most of them are Honeypot cash. As like GEGS, NGH, Wifceo, LAG and so on(Delisted). They’re itemizing honeypot cash and wiping the shoppers’ funds…”
Whereas a few of these complaints are unverified and never settled, MEXC has superior safety protocols in place. In addition they launched an announcement 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/belongings that you’ve raised, our danger 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 have now taken measures to get well 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. However, this case isn’t any totally different than different prime exchanges within the house dealing with regulatory challenges in related areas like Binance and Bybit.
However in case you are nonetheless involved concerning the security of your digital belongings, you may simply take safety a step additional. Safe your account with two-factor authentication (2FA), deal with whitelisting for crypto withdrawals, and even full Superior KYC in case you are a resident of a MEXC-supported nation.
Does MEXC Require KYC to Withdraw?
No, MEXC permits customers to withdraw with out KYC. Nevertheless, your day by 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 further options like OTC buying and selling.
Is MEXC Trade Banned In India?
Sure, MEXC Trade is at present restricted in India. In late 2023, it was flagged by the Monetary Intelligence Unit (FIU) for non-compliance with anti-money laundering legal guidelines. Nevertheless, Indian customers can nonetheless attain the change by way of mexc.co.
