MEXC change is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency change permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private data besides the e-mail or cellphone quantity they used for registration.
MEXC World has steadily change into the most effective crypto buying and selling platforms as a consequence 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 every day buying and selling quantity, which interprets to excessive liquidity.
The change permits buying and selling, staking, lending, and borrowing providers 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, in case you are questioning whether or not it’s secure and safe to purchase and promote crypto on MEXC in 2025, the quick reply is YES. Nevertheless, it is very important 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 professionals and cons? What are the buying and selling charges on MEXC? What are one of the best options on MEXC?, and the best way to open a brand new account on MEXC crypto change. Let’s dive in!
MEXC Evaluation: What’s It?
MEXC is a high centralized cryptocurrency change the place customers can simply purchase, promote, and commerce digital property. Whereas MEXC prides itself for mega transaction matching expertise, many customers want it due to its extremely low charges and no necessary Know Your Buyer (KYC) verification necessities, not like different exchanges.
With MEXC, you possibly can entry many providers, 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 international change and the way it stands out amongst different platforms.
Change 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 auditsDeal with whitelistingSupported Cryptocurrencies and Obtainable Buying and selling Pairs2700+ cryptocurrencies and over 3000 pairs.Accepted Fee StrategiesCryptocurrency, Third celebration cost suppliers, SEPA Financial institution transfers.Gadget 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 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 common for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital property than some 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 electronic mail or a cellphone quantity to register and entry MEXC buying and selling providers.Elective 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 property.
With out KYC, you possibly can withdraw between 10-30 BTC every day, which is greater than sufficient for a lot of particular person merchants. Nevertheless, you possibly can 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 profit from their investments by copying the buying and selling methods of skilled merchants. You get entry to vital particulars concerning the dealer, together with their monitor report, return on investments, and wins. For those who like several merchants’ monitor information, you possibly can merely click on “Copy Commerce,” and orders will likely be robotically positioned in your behalf.Futures Demo Buying and selling: In case you are frightened about risking your cash on crypto trades, you should use 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 provides you a easy, risk-free option to attempt futures buying and selling and different buying and selling choices on MEXC Change.Incomes Choices: Customers can stake their property by way of Financial savings, Easy Earn, and New Token Mining with fastened and versatile phrases in change for rewards. That is particularly vital for customers seeking to develop property 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 facet, you can even 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 Change are;
The Change 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 international change is providing monetary providers with out the mandatory licenses.Complaints About Locking Person Funds: MEXC has been going through backlash for claims of locking consumer funds despite the fact that the expertise will not be constant throughout a number of customers. A MEXC assessment 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 Electronic mail to withdraw your property inside a brief time frame, however my property are frozen (can not promote and change them for different cryptos) and cannot withdraw as a result of XCH (chia community) has been in upkeep mode for months so i cannot withdraw my XCH….”Not the Most Newbie Pleasant Platforms: Because of its giant coin choices and plenty of different options, buying and selling on MEXC is perhaps a bit difficult for newcomers. Nevertheless, the platform gives academic sources and a easy in-app information to assist new customers.
What Are the Greatest 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 spend money on promising Blockchain initiatives earlier than they hit the mainstream. The MEXC international change provides two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.
They’re designed to assist customers uncover and spend money on promising blockchain initiatives whereas offering incentives equivalent 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 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 illustration, for those who maintain at the least 2,000 MX tokens, you possibly can take part in airdrop occasions and make large returns when initiatives launch.
To take part in Launchpad occasions:
Purchase and maintain at the least 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 primarily based on the proportion of tokens dedicated.
Then again, the Kickstarter occasion is one other initiative by MEXC platform that goals to assist new initiatives throughout their pre-launch section. You and different customers can take part by voting on your favourite Blockchain initiatives. 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 at the least 500 MX tokens for twenty-four hours earlier than the occasion begins. The quantity of MX tokens held determines what number of tokens could be dedicated throughout 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 should watch the occasion usually. As an illustration, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency change.
Individuals earned rewards by way of a fortunate draw primarily based on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; as an example, 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 cell app.Have interaction 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 will likely 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 just like different exchanges. You should buy and promote crypto simply and make the most of MEXC’s excessive liquidity. Because of a excessive buying and selling quantity, your orders will likely be fulfilled rapidly, and you may get good charges when making trades.
Moreover, the platform has a sophisticated 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 possibly can choose energetic merchants primarily based on their monitor report and efficiency metrics, equivalent to return on funding (ROI), 7-day win charge, 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 while you determine to comply with a dealer, and no further charges are charged for copy buying and selling transactions.
Different MEXC Crypto Change Options
P2P Buying and selling: In addition to shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers may commerce crypto property with different customers on the MEXC platform with out middlemen. In change for a neighborhood forex or vice versa, you possibly can commerce digital property on the P2P market, together with USDT, USDC, BTC, and ETH. MEXC Token Airdrops: MEXC regularly hosts token airdrops, letting you earn rewards by finishing easy duties like depositing funds or making trades. If you wish to take part in airdrop campaigns, 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 further rewards by selling the platform. As a referrer, you possibly can 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, equivalent to a $20 enroll bonus, and entry to high trade occasions. So, for those who’d reasonably 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 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. Nevertheless, there are a couple 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 at the least 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges. In style buying and selling pairs: Some common buying and selling pairs, equivalent to XRP/USDT and XRP/USDC, have a 0% spot transaction price.
Moreover, MEXC Change provides particular buying and selling pairs with zero charges for makers and takers. Examples of such spots market particular buying and selling pairs are PEN/USDT, XRP/USDC, and APT/USDT.
Futures Buying and selling Charges
MEXC presently has the bottom futures buying and selling prices out there in the 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 possibly can 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 possibly can 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 possibly can 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 Change doesn’t cost charges on deposits for any cryptocurrency. However, for withdrawals, charges differ relying on the cryptocurrency you’re withdrawing with some going without spending a dime. As an illustration, 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 price capped at 0.00003 BTC. You will need to observe that MEXC withdrawal charges change extra time and are charged based on the present community situations. Please all the time examine essentially the most up to date MEXC price 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 possibly can:
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 can even log in to MEXC Change 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 ready 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 Change:
Select the [Deposit] tab, choose the fiat forex 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 cost technique.Upon cost affirmation, the crypto you acquire will likely 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 need to promote and the fiat forex 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 technique 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 technique you chose.
In contrast to different exchanges, you possibly can successfully transact on MEXC Change with out KYC. Nevertheless, to maneuver from Unverified (10-30 BTC every day withdrawal restrict) to Major or Superior degree (200 BTC every day withdrawal restrict), that you must full KYC utilizing these steps:
Go to your account and click on in your profile icon. You will note “Id verification” on the high 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 Change will assessment your paperwork and ship you an electronic mail as soon as the method is full.
What Are the MEXC Supported Nations?
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 probably the most accessible crypto exchanges on this planet.
What Are the MEXC Restricted Nations?
MEXC Change will not be accessible in all places. It’s not accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, the USA, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).
Because of authorized and regulatory restrictions, you can not open an account or commerce on MEXC Change in case you are positioned in considered one of these areas. Nevertheless, some merchants use VPN to bypass detection and entry MEXC providers. 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 precise to take instant motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, for those who determine to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.
What Are the Greatest Options for MEXC?
The very best 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 offer customers a clean buying and selling expertise.
Whereas a few of these options, together with Binance and Bybit, require KYC verification, it’s optionally available on BingX. However earlier than you determine on an change to discover, the highest MEXC options are summarized within the comparability desk beneath that will help you make knowledgeable choices.
Change 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 celebration cost suppliers, P2P buying and selling, SEPA Financial institution transfers.Crypto, credit score/debit playing cards, financial institution transfers, and third-party providers, P2P buying and selling.Crypto, native transfers, credit score/debit playing cards, and Binance Pay4, and P2P buying and selling.Crypto, Visa, and Mastercard.Crypto, bank cards by way of third-party suppliers and P2P buying and selling.Gadget Compatibility Cellular and desktop.Cellular and desktop Cellular and desktop Cellular and desktop Web site and cell apps.Geographic Restrictions Not accessible in North Korea, the USA, Canada and 10 extra nations.Not accessible in the USA, Canada, Singapore, France, and extra.Not accessible 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, consumer safety, and options, one of the best MEXC options are Binance and Bybit. The 2 platforms supply 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 options, try our detailed Binance assessment for extra data.
Nevertheless, when speaking about ‘no necessary’ KYC verification options for MEXC Change, think about using BingX and Kucoin. Although they’re restricted in sure areas, you should use a VPN service to entry these exchanges. However apart from 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 one of the best crypto buying and selling various for MEXC international change.
How Many Cryptocurrencies Are Obtainable on MEXC?
MEXC provides 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 without doubt one of the main causes MEXC is common within the crypto house.
Is MEXC Secure and Legit to Purchase and Promote Crypto in 2025?
Sure, MEXC is 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 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 now have 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 checklist 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. Additionally they launched a press release when one other consumer allegedly misplaced over $92k as a consequence of account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;
“Relating to the account restrictions and points associated to futures buying and selling/property that you’ve raised, our threat management system and related personnel have performed an intensive examination. It has been recognized that there have been irregular buying and selling actions in your account and related accounts. In accordance with the phrases of use, we now have taken measures to get better 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. Nonetheless, this case isn’t any completely different than different high exchanges within the house going through regulatory challenges in comparable areas like Binance and Bybit.
However in case you are nonetheless involved concerning the security of your digital property, you possibly can 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 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 possibly can 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 Change Banned In India?
Sure, MEXC Change 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.
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