Is It Protected & Legit in 2026?

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 step by step turn into among the best crypto buying and selling platforms attributable to its wide selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the biggest crypto pool within the trade, 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 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 quick reply is YES. Nevertheless, you will need to study extra about how the platform works earlier than leaping in.

Subsequently, on this MEXC evaluate, we’ll 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 most effective options on MEXC?, and the 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 property. Whereas MEXC prides itself for mega transaction matching expertise, many customers choose 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 have 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 Fee StrategiesCryptocurrency, Third social gathering cost 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, the US, and Canada.

What’s the Professionals 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 fashionable for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital property than every other change within the crypto trade (with over 2700 supported crypto and 3000+ buying and selling pairs)Fast Registration: You possibly can 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.Elective 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. Nevertheless, 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 take advantage of 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 monitor document, return on investments, and wins. In the event you like all merchants’ monitor data, you may merely click on “Copy Commerce,” and orders shall 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 follow earlier than you begin. While you join demo buying and selling, you’ll obtain a $50,000 take a look at account that offers you a easy, risk-free approach to strive futures buying and selling and different buying and selling choices on MEXC Alternate.Incomes Choices: Customers can stake their property by means of Financial savings, Easy Earn, and New Token Mining with fastened 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 proportion yield (APY). On the flip aspect, it’s also possible to 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 mandatory licenses.Complaints About Locking Person Funds: MEXC has been dealing with backlash for claims of locking consumer funds although the expertise will not be constant throughout a number of customers. A MEXC evaluate on Trustpilot stated, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere obtained banned with no causes and clarification. One other consumer stated, “They’ve despatched me an E 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 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 consequence of its massive coin choices and lots of different options, buying and selling on MEXC is perhaps slightly difficult for newbies. Nevertheless, the platform supplies instructional sources and a easy in-app information to assist new customers.

What Are the Finest Options of MEXC

The perfect 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 influence 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 gives 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 comparable to airdrops and rewards to encourage individuals.

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 challenge’s staff, market demand, and potential.

Customers can earn free token airdrops by holding MX tokens. As an example, in the event you maintain no less than 2,000 MX tokens, you may take part in airdrop occasions and make enormous returns when tasks 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 primarily based 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 part. You and different customers can take part by voting to your favourite Blockchain tasks. Profitable votes result in free rewards and token airdrops for individuals.

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 may 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 will need to 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 by means of a fortunate draw primarily based on their buying and selling volumes throughout specified intervals. 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.Interact in buying and selling the actual token within the futures market to build up quantity and earn tickets.In the course of 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.

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 just like different exchanges. You should purchase and promote crypto simply and reap the benefits of MEXC’s excessive liquidity. As a consequence of a excessive buying and selling quantity, your orders shall be fulfilled shortly, and you may 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 robotically replicate the buying and selling methods of skilled merchants in futures markets. You possibly can choose energetic merchants primarily based on their monitor document and efficiency metrics, comparable to 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 begin copying their buying and selling methods. All orders are positioned robotically once you resolve to comply with a dealer, and no further charges are charged for copy buying and selling transactions.

Different MEXC Crypto Alternate Options

P2P Buying and selling: Apart from 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 a neighborhood foreign money or vice versa, you may commerce digital property 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, it’s best to examine 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 are usually not one-way advantages; referrals additionally qualify for rewards, comparable to a $20 enroll bonus, and entry to prime trade occasions. So, in the event you’d fairly 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 when it comes to low charges. Beneath is a breakdown of the charges MEXC prices 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 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 no less than 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges. Well-liked buying and selling pairs: Some fashionable buying and selling pairs, comparable to XRP/USDT and XRP/USDC, have a 0% spot transaction charge. 

Moreover, MEXC Alternate gives 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 meanwhile. 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 during the last 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 once 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 range relying on the cryptocurrency you’re withdrawing with some going without cost. 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. You will need to observe that MEXC withdrawal charges change extra time and are charged in accordance with the present community situations. Please at all times examine probably the most up to date MEXC charge listed on every withdrawal web page.

How one can 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 type 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 too can 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 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.

Observe 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 forth), 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 acceptable cost methodology.Upon cost affirmation, the crypto you got shall be deposited into your MEXC account robotically.

Observe 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 cost methodology for the client to make the cost within the chosen receiving cryptocurrency.As soon as your order has been processed, the client will make the cost within the chosen receiving cryptocurrency through the cost methodology you chose.

Not like different exchanges, you may successfully transact on MEXC Alternate with out KYC. Nevertheless, to maneuver from Unverified (10-30 BTC each day withdrawal restrict) to Major or Superior degree (200 BTC each day withdrawal restrict), it’s worthwhile 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 need 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 evaluate 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 international locations. This makes it probably the most accessible crypto exchanges on the planet.

What Are the MEXC Restricted Nations?

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 US, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).

As a consequence of authorized and regulatory restrictions, you can’t open an account or commerce on MEXC Alternate 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 each day withdrawal restrict beginning at 10 BTC.

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

What Are the Finest Options for MEXC?

The perfect alternate options to MEXC are Bybit, KuCoin, Binance, and BingX. These finest crypto exchanges provide a big collection of crypto like MEXC, they’ve aggressive charges, and provide 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 non-obligatory on BingX. However earlier than you resolve on an change to discover, the highest MEXC alternate options are summarized within the comparability desk under that will help 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 charge of 0.1% for each makers and takers.KYC Verification Sure, however it isn’t obligatory.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 Fee StrategiesCryptocurrency, Third social gathering cost 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 accessible in North Korea, the US, Canada and 10 extra international locations.Not accessible in the US, 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.

When it comes to cryptocurrency choice, consumer safety, and options, the most effective MEXC alternate options are Binance and Bybit. The 2 platforms provide varied buying and selling pairs, hundreds 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 alternate options, take a look at our detailed Binance evaluate for extra info.

Nevertheless, when speaking about ‘no obligatory’ 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 evaluate, we solely offered a quick overview of every of those exchanges options. So, do your individual analysis to find out which platform is the most effective crypto buying and selling various for MEXC world change.

How Many Cryptocurrencies Are Out there on MEXC?

MEXC gives 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 among the main causes MEXC is fashionable 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 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 so forth(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 an announcement when one other consumer allegedly misplaced over $92k attributable to 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 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’ve got taken measures to get better the losses incurred.”

One other potential concern may very well be that MEXC is unregulated in most jurisdictions, together with the US, North Korea, Mainland China, and Canada. Nonetheless, this case is not any totally different than different prime exchanges within the area dealing with regulatory challenges in comparable areas like Binance and Bybit.

However in case you are 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), handle 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 each 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 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 Alternate Banned In India?

Sure, MEXC Alternate is presently 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 through mexc.co.