Is It Secure & Legit in 2025?

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 telephone quantity they used for registration.

MEXC International has progressively grow to be top-of-the-line crypto buying and selling platforms as a result 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 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 function, 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 secure 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.

Due to this fact, on this MEXC overview, 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 one of the best options on MEXC?, and find out how 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 know-how, many customers desire it due to its extremely low charges and no necessary 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 newcomers. Here’s a nearer take a look at MEXC world change and the way it stands out amongst different platforms.

Alternate 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 Out there Buying and selling Pairs2700+ cryptocurrencies and over 3000 pairs.Accepted Cost StrategiesCryptocurrency, Third social gathering 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 every other change within the crypto business (with over 2700 supported crypto and 3000+ buying and selling pairs)Fast Registration: You possibly can full MEXC registration in beneath a minute. It’s because you solely want an electronic mail or a telephone quantity to register and entry MEXC buying and selling companies.Optionally available KYC: When you add the verification code despatched to your electronic mail, you’re 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. Nonetheless, 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 vital particulars in regards to the dealer, together with their monitor report, return on investments, and wins. In case you like several merchants’ monitor data, you may merely click on “Copy Commerce,” and orders shall be robotically positioned in your behalf.Futures Demo Buying and selling: In case you are apprehensive about risking your cash on crypto trades, you should utilize 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 take a look at account that provides you a easy, risk-free solution to strive futures buying and selling and different buying and selling choices on MEXC Alternate.Incomes Choices: Customers can stake their belongings by means of Financial savings, Easy Earn, and New Token Mining with fastened and versatile phrases in change for rewards. That is particularly vital for customers trying 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 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 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 required licenses.Complaints About Locking Person Funds: MEXC has been going through backlash for claims of locking consumer funds though the expertise will not be constant throughout a number of customers. A MEXC overview on Trustpilot mentioned, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere acquired banned with no causes and rationalization. One other consumer mentioned, “They’ve despatched me an E mail to withdraw your belongings inside a brief time period, however my belongings are frozen (can’t 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 is perhaps just a little difficult for newcomers. Nonetheless, the platform gives instructional sources and a easy in-app information to assist new customers.

What Are the Finest Options of MEXC

The very 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 put money into promising Blockchain tasks 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 put money into promising blockchain tasks whereas offering incentives akin 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 tasks that meet strict standards are featured. This contains evaluating the mission’s crew, market demand, and potential.

Customers can earn free token airdrops by holding MX tokens. For example, if you happen to maintain a minimum of 2,000 MX tokens, you may take part in airdrop occasions and make big returns when tasks launch. 

To take part in Launchpad occasions:

Purchase and maintain a minimum of 1,000 MX tokens in your spot pockets for 30 consecutive days.Commit your MX tokens throughout Non-lockup Occasions utilizing the Fast Commit function.Airdrops will then be distributed based mostly on the proportion of tokens dedicated.

Then again, the Kickstarter occasion is one other initiative by MEXC platform that goals to help 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 a minimum of 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 in the course of 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. For example, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency change.

Contributors earned rewards by means of a fortunate draw based mostly on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; as an illustration, it might be set at 40,000 USDT or extra.

The upper the transaction quantity, the extra tickets a consumer can declare for the draw. Right here’s how one can qualify to take part;

You will need 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.Throughout 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 shall 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 much like different exchanges. You should purchase and promote crypto simply and benefit from MEXC’s excessive liquidity. Because of a excessive buying and selling quantity, your orders shall be fulfilled rapidly, 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 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 function permits new customers to robotically replicate the buying and selling methods of skilled merchants in futures markets. You possibly can choose energetic merchants based mostly on their monitor report and efficiency metrics, akin to return on funding (ROI), 7-day win fee, and revenue and loss (PNL).

To take part, you solely have to deposit funds to your copy commerce account, fill in your particulars, and observe skilled merchants to start out copying their buying and selling methods. All orders are positioned robotically while you determine to observe a dealer, and no extra charges are charged for copy buying and selling transactions.

Different MEXC Crypto Alternate Options

P2P Buying and selling: Moreover 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 forex or vice versa, you may commerce digital belongings on the P2P market, together with USDT, USDC, BTC, and ETH. MEXC Token Airdrops: MEXC often 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 permits 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 will not be one-way advantages; referrals additionally qualify for rewards, akin to a $20 join bonus, and entry to prime business 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, putting it above Binance and different exchanges when it comes to low charges. Beneath 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 a minimum of 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges. Widespread buying and selling pairs: Some standard buying and selling pairs, akin to XRP/USDT and XRP/USDC, have a 0% spot transaction price. 

Moreover, MEXC Alternate 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 the moment has the bottom futures buying and selling prices available in the market in the meanwhile. 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 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 spending a dime. 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 price capped at 0.00003 BTC. You will need to be aware that MEXC withdrawal charges change time beyond regulation and are charged based on the present community situations. Please all the time verify probably the most up to date MEXC price listed on every withdrawal web page.

Methods 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 electronic mail or telephone quantity within the registration type and click on Signal Up.Confirm your electronic mail or telephone quantity with a 6-digit code or the hyperlink despatched to your electronic mail and you’re in.It’s also possible to log in to MEXC Alternate utilizing a third-party account, like Google, Apple, MetaMask Pockets, or Telegram.

You solely want an electronic 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 Alternate:

Select the [Deposit] tab, choose the fiat forex to pay with (EUR, USD, JPY, and so forth), 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 appropriate fee methodology.Upon fee affirmation, the crypto you obtain shall be deposited into your MEXC account robotically.

Comply with 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 methodology 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 methodology you chose.

Not like different exchanges, you may successfully transact on MEXC Alternate with out KYC. Nonetheless, to maneuver from Unverified (10-30 BTC day by day withdrawal restrict) to Main or Superior degree (200 BTC day by day withdrawal restrict), it’s essential 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 wish to full (main or superior).Select your nation or area and the kind of government-issued ID you’ll use. Then observe MEXC directions to finish the facial recognition verification.MEXC Alternate will overview your paperwork and ship you an electronic mail as soon as the method is full. 

What Are the MEXC Supported International locations?

MEXC is out there in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 nations. This makes it some of the accessible crypto exchanges on the planet.

What Are the MEXC Restricted International locations?

MEXC Alternate will not be accessible 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 not open an account or commerce on MEXC Alternate if you’re positioned in one among these areas. Nonetheless, 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.

All the time do not forget that MEXC reserves the appropriate to take speedy motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, if you happen to determine to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.

What Are the Finest Alternate options for MEXC?

The very best options to MEXC are Bybit, KuCoin, Binance, and BingX. These greatest crypto exchanges provide a big collection of crypto like MEXC, they’ve aggressive charges, and provide a number of options to provide customers a easy buying and selling expertise.

Whereas a few of these options, together with Binance and Bybit, require KYC verification, it’s elective on BingX. However earlier than you determine on an change to discover, the highest MEXC options are summarized within the comparability desk under that can assist you make knowledgeable selections.

Alternate 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 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 price 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 handle whitelisting.Chilly storage and two-factor authentication.2FA, handle whitelisting, and chilly storage of crypto.KYC verification and two-factor authentication.Insurance coverage protection and 2FA.Supported Cryptocurrencies and Out there 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 social gathering 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 means of 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 accessible in North Korea, the USA, Canada and 10 extra nations.Not accessible in the USA, Canada, Singapore, France, and extra.Not accessible within the US, UK, and a number of other European nations.United States, Canada, and different nations.US, mainland China, and different nations.

By way of cryptocurrency choice, consumer safety, and options, one of the best MEXC options are Binance and Bybit. The 2 platforms provide numerous buying and selling pairs, hundreds of crypto, and aggressive buying and selling charges, however they require KYC. Additionally they present numerous options, together with Buying and selling bots, staking, saving, NFT market, and extra. If you wish to perceive extra about these options, try our detailed Binance overview for extra info.

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 apart from the elective KYC, these exchanges additionally help a number of Altcoins.

Since this information is on MEXC overview, we solely supplied a quick overview of every of those exchanges options. So, do your personal analysis to find out which platform is one of the best crypto buying and selling various for MEXC world change.

How Many Cryptocurrencies Are Out there on MEXC?

MEXC affords buying and selling for over 2,700 cryptocurrencies, which is extra crypto help than the vast majority of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is without doubt one of the main causes MEXC is standard within the crypto house.

Is MEXC Secure and Legit to Purchase and Promote Crypto in 2025?

Sure, MEXC is secure and legit to purchase/promote crypto in 2025. The platform has been working since 2018 and has by no means been hacked or misplaced consumer funds. They safe consumer funds utilizing sturdy safety features like chilly pockets storage, multi-sig authorizations, and superior encryption.

Nonetheless, there have been complaints about MEXC locking consumer funds and delisting tokens with out warning. A consumer claimed that “They banned the account and my crew members’ account additionally. We’ve 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…”

“…They usually listing cash randomly and most of them are Honeypot cash. As like GEGS, NGH, Wifceo, LAG and so forth(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. Additionally they launched an announcement when one other consumer allegedly misplaced over $92k as a result 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 threat management system and related personnel have performed a radical 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 well the losses incurred.”

One other potential concern might be that MEXC is unregulated in most jurisdictions, together with the USA, North Korea, Mainland China, and Canada. However, this case is not any completely different than different prime exchanges within the house going through regulatory challenges in comparable areas like Binance and Bybit.

However if you’re nonetheless involved in regards to the security of your digital belongings, you may simply take safety a step additional. Safe your account with two-factor authentication (2FA), handle 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 day by day withdrawal restrict as an Unverified consumer 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 possibly can improve your withdrawal restrict by finishing both Main or Superior KYC. Main 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.

Is MEXC Alternate Banned In India?

Sure, MEXC Alternate is at the moment restricted in India. In late 2023, it was flagged by the Monetary Intelligence Unit (FIU) for non-compliance with anti-money laundering legal guidelines. Nonetheless, Indian customers can nonetheless attain the change by way of mexc.co.