Is It Protected & Legit in 2025?

MEXC trade is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency trade permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private data besides the e-mail or cellphone quantity they used for registration.

MEXC International has steadily 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 biggest crypto pool within the business, MEXC has excessive every day buying and selling quantity, which interprets to excessive liquidity.

The trade 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 provides 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, it is very important study extra about how the platform works earlier than leaping in.

Subsequently, on this MEXC evaluation, we’ll offer 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 very best options on MEXC?, and open a brand new account on MEXC crypto trade. Let’s dive in!

MEXC Assessment: What’s It?

MEXC is a prime centralized cryptocurrency trade the place customers can simply purchase, promote, and commerce digital belongings. 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’ll be able to 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 rookies. Here’s a nearer take a look at MEXC international trade 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 auditsHandle whitelistingSupported Cryptocurrencies and Obtainable Buying and selling Pairs2700+ cryptocurrencies and over 3000 pairs.Accepted Fee StrategiesCryptocurrency, Third get together fee suppliers, SEPA Financial institution transfers.Machine Compatibility Cell and desktop.Geographic Restrictions MEXC is unavailable in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, america, and Canada.

What’s the Execs of MEXC?

As a well-known crypto trade, MEXC is standing out by offering many perks to their customers, the professionals of MEXC trade are:

Largest Collections of Altcoins: MEXC is widespread for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency trade has extra digital belongings than some other trade within the crypto business (with over 2700 supported crypto and 3000+ buying and selling pairs)Fast Registration: You may full MEXC registration in beneath a minute. It’s because you solely want an electronic mail or a cellphone 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’ll be able to withdraw between 10-30 BTC every day, which is greater than sufficient for a lot of particular person merchants. Nonetheless, you’ll be able to 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 profit from their investments by copying the buying and selling methods of skilled merchants. You get entry to essential particulars concerning the dealer, together with their monitor report, return on investments, and wins. In the event you like several merchants’ monitor information, you’ll be able to merely click on “Copy Commerce,” and orders will probably be robotically 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 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 approach to attempt 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 mounted and versatile phrases in trade for rewards. That is particularly essential for customers seeking to develop belongings with minimal every day buying and selling on the spots or futures markets.

With Financial savings, you’re going to get every day curiosity payouts between 0.08% – 20% annual proportion 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 Alternate are;

The Alternate is Largely Unregulated: MEXC cryptocurrency trade isn’t 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 international trade is providing monetary companies with out the mandatory licenses.Complaints About Locking Person Funds: MEXC has been going through backlash for claims of locking consumer funds though the expertise isn’t constant throughout a number of customers. A MEXC evaluation 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 consumer stated, “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 trade 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: As a result of its giant coin choices and plenty of different options, buying and selling on MEXC could be just a little difficult for rookies. Nonetheless, the platform offers 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 trade:

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 international trade 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 initiatives whereas offering incentives corresponding to airdrops and rewards to encourage contributors.

For the MEXC Launchpad, the trade makes use of a rigorous choice course of to make sure that solely initiatives that meet strict standards are featured. This consists of evaluating the venture’s workforce, market demand, and potential.

Customers can earn free token airdrops by holding MX tokens. As an example, in the event you maintain not less than 2,000 MX tokens, you’ll be able to take part in airdrop occasions and make big returns when initiatives 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 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 initiatives throughout their pre-launch part. You and different customers can take part by voting in your favourite Blockchain initiatives. Profitable votes result in free rewards and token airdrops for contributors.

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 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, it’s essential to watch the occasion usually. As an example, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency trade.

Individuals earned rewards by means of a fortunate draw based mostly on their buying and selling volumes throughout specified durations. This threshold varies by occasion; for example, it may very well 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 should register for every occasion to take part on the MEXC web site or cell 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.

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 much like different exchanges. You should buy and promote crypto simply and reap the benefits of MEXC’s excessive liquidity. As a result of 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 principally 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 function permits new customers to robotically replicate the buying and selling methods of skilled merchants in futures markets. You may choose energetic merchants based mostly on their monitor report and efficiency metrics, corresponding to return on funding (ROI), 7-day win price, 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 robotically if you determine 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: Moreover shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers may also commerce crypto belongings with different customers on the MEXC platform with out middlemen. In trade for an area foreign money or vice versa, you’ll be able to 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’s best to examine the “Token Airdrop” web page usually 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’ll be able to earn as much as 70% fee on each commerce your referrals make on MEXC’s spot and futures markets.

These rewards aren’t one-way advantages; referrals additionally qualify for rewards, corresponding to a $20 enroll bonus, and entry to prime business occasions. So, in the event you’d moderately open an account and commerce every 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 costs 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 couple of methods to cut 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 widespread buying and selling pairs, corresponding to XRP/USDT and XRP/USDC, have a 0% spot transaction price. 

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 at the moment 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 cut back the buying and selling charges, you’ll be able to maintain MX place above 500 during the last 24 hours, permitting you to immediately get pleasure from a ‎50% low cost on futures buying and selling prices.

Moreover, you’ll be able to get pleasure from ‎20% off buying and selling charges if you switch MX into your futures account and offset USDT-margined futures buying and selling prices. Or, you’ll be able to 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 range relying on the cryptocurrency you’re withdrawing with some going at no cost. As an 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 observe that MEXC withdrawal charges change extra time and are charged in line with the present community situations. Please at all times examine 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’ll be able to: 

Go to the MEXC homepage, or obtain the app, and click on “Signal Up”Fill out your electronic mail or cellphone quantity within the registration kind and click on Signal Up.Confirm your electronic mail or cellphone quantity with a 6-digit code or the hyperlink despatched to your electronic mail and you’re in.You may also 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 foreign money to pay with (EUR, USD, JPY, and so on), 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 methodology.Upon fee affirmation, the crypto to procure will probably 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 foreign money 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.

In contrast to different exchanges, you’ll be able to successfully transact on MEXC Alternate with out KYC. Nonetheless, to maneuver from Unverified (10-30 BTC every day withdrawal restrict) to Main or Superior stage (200 BTC every day withdrawal restrict), you want to full KYC utilizing these steps:

Go to your account and click on in your profile icon. You will notice “Id 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 comply with MEXC directions to finish the facial recognition verification.MEXC Alternate will evaluation your paperwork and ship you an electronic 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 some of the accessible crypto exchanges on the planet.

What Are the MEXC Restricted Nations?

MEXC Alternate isn’t out there all over the place. It isn’t accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, america, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).

As a result of authorized and regulatory restrictions, you can’t open an account or commerce on MEXC Alternate if you’re positioned in one in every of these areas. Nonetheless, some merchants use VPN to bypass detection and entry MEXC companies. They continue to be “Unverified” merchants with a every day withdrawal restrict beginning at 10 BTC.

At all times do not forget that MEXC reserves the suitable to take speedy motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, in the event you determine to make use of a VPN, guarantee it’s at all times 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 greatest crypto exchanges provide a big choice of crypto like MEXC, they’ve aggressive charges, and provide a number of options to present customers a clean buying and selling expertise.

Whereas a few of these alternate options, together with Binance and Bybit, require KYC verification, it’s non-obligatory on BingX. However earlier than you determine on an trade to discover, the highest MEXC alternate options are summarized within the comparability desk beneath that will help you make knowledgeable choices;

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 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 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 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 Fee StrategiesCryptocurrency, 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 means of third-party suppliers and P2P buying and selling.Machine Compatibility Cell and desktop.Cell and desktop Cell and desktop Cell and desktop Web site and cell apps.Geographic Restrictions Not out there in North Korea, america, Canada and 10 extra nations.Not out there in america, Canada, Singapore, France, and extra.Not out there within the US, UK, and several other European nations.United States, Canada, and different nations.US, mainland China, and different nations.

When it comes to cryptocurrency choice, consumer safety, and options, the very best MEXC alternate options are Binance and Bybit. The 2 platforms provide 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 evaluation for extra data.

Nonetheless, when speaking about ‘no necessary’ KYC verification alternate 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 in addition to the non-obligatory KYC, these exchanges additionally help a number of Altcoins.

Since this information is on MEXC evaluation, we solely offered a short overview of every of those exchanges options. So, do your personal analysis to find out which platform is the very best crypto buying and selling various for MEXC international trade.

How Many Cryptocurrencies Obtainable on MEXC?

MEXC provides buying and selling for over 2,700 cryptocurrencies, which is extra crypto help than nearly all 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 widespread within the crypto area.

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 consumer funds. They safe consumer funds utilizing sturdy security measures 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 workforce 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…”

“…And so they listing 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 purchasers’ funds…”

Whereas a few of these complaints are unverified and never settled, MEXC has superior safety protocols in place. In addition they launched a press release when one other consumer 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 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 got taken measures to get well the losses incurred.”

One other potential concern may very well be that MEXC is unregulated in most jurisdictions, together with america, North Korea, Mainland China, and Canada. However, this case isn’t any completely different than different prime exchanges within the area going through regulatory challenges in comparable areas like Binance and Bybit.

However if you’re nonetheless involved concerning the security of your digital belongings, you’ll be able to 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 every 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 may enhance 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 consists of extra options like OTC buying and selling.