6 minute read
How to Trade Futures on MEXC? What You Need to Know
from MEXC
by Exness_India
Yes, MEXC offers futures trading—and if you’re looking to get started, this guide explains exactly how to trade futures on MEXC, step by step. MEXC’s futures platform is designed to cater to both beginners and experienced traders, with high liquidity, deep order books, and a wide range of trading pairs. Here’s how to trade futures on MEXC the right way.
✅ Trade with MEXC now: Open An Account 👈
What Is Futures Trading on MEXC?
Futures trading on MEXC involves speculating on the future price movement of cryptocurrencies. Unlike spot trading, you don’t actually own the asset. Instead, you enter a contract to buy or sell a cryptocurrency at a later date, with leverage that can amplify both profits and losses.
MEXC supports perpetual futures, which don’t have an expiry date. You can hold positions as long as you want, as long as you maintain the required margin. This makes MEXC ideal for traders who want flexibility, high leverage (up to 200x), and diverse trading options.
Step-by-Step Guide: How to Trade Futures on MEXC
1. Register and Verify Your MEXC Account
To start trading futures on MEXC, the first step is to create an account. Go to the MEXC website, sign up with your email or phone number, and create a password. Once your account is created, complete KYC (Know Your Customer) verification if required in your region. While futures trading on MEXC may not always require full KYC, it is recommended for increased security and higher withdrawal limits.
2. Enable Futures Trading
After logging in, you need to activate your Futures account:
Navigate to the "Futures" tab at the top of the MEXC homepage.
Choose either USDT-M Futures or Coin-M Futures, depending on whether you want to settle in USDT or the coin itself.
Click on "Open Futures Account" and agree to the terms.
Once activated, you’ll be redirected to the trading interface.
3. Transfer Funds to Your Futures Wallet
Before placing any trades, you need to fund your Futures Wallet:
Go to "Wallet" → "Futures".
Click "Transfer" and move USDT (or other crypto) from your Spot Wallet to your Futures Wallet.
Choose the amount and confirm the transfer. This is an internal transfer and free of charge.
MEXC requires margin to open a futures position, and this margin comes from your Futures Wallet balance.
4. Choose the Trading Pair
On the MEXC Futures platform, you’ll find hundreds of USDT-M and Coin-M perpetual contracts. Pick a pair that suits your strategy—for example:
BTC/USDT
ETH/USDT
SOL/USDT
SHIB/USDT
Use the search bar to quickly find your desired pair. Once selected, you’ll see real-time charts, depth data, order books, and position details.
5. Understand Leverage and Risk
MEXC allows you to trade with up to 200x leverage, depending on the trading pair. Leverage amplifies your position size, allowing greater exposure with a smaller initial margin.
However, high leverage comes with higher risk. Always choose leverage based on your risk tolerance. On the MEXC interface, you can adjust leverage before placing an order:
Click "Leverage" next to the order box.
Use the slider to choose your desired leverage.
Confirm the selection.
Remember: The higher the leverage, the smaller the liquidation margin. Even a small market move against you can trigger liquidation if you’re over-leveraged.
6. Place a Futures Order
MEXC offers various order types to suit different strategies:
Limit Order: Set your entry price and wait for it to be filled.
Market Order: Execute the trade instantly at the current market price.
Stop-Limit Order: Set conditions to trigger a limit order at a specific price.
Stop-Market Order: Set conditions to trigger a market order at a specific price.
Trailing Stop Order: Follow price trends automatically with a trailing stop mechanism.
To place an order:
Choose Long (Buy) if you expect the price to rise.
Choose Short (Sell) if you expect the price to fall.
Enter your order details: size, price (for limit), and leverage.
Click Buy/Long or Sell/Short.
Your order will appear in the "Open Orders" section until it’s filled.
7. Monitor and Manage Your Position
Once your position is opened, you’ll see real-time updates in the Positions tab. Important metrics include:
Unrealized PnL (Profit and Loss): Shows your current profit/loss.
Margin Ratio: Indicates how close your position is to liquidation.
Liquidation Price: The price at which your position will be force-closed.
Funding Rate: Periodic fee exchanged between longs and shorts (positive/negative).
MEXC provides a Take Profit/Stop Loss (TP/SL) feature. You can set these while placing an order or after your position is open. This helps automate exits to lock in profits or cut losses.
8. Close Your Position
To close your position:
Use the Market Close button for instant exit.
Or, set a Limit Close to sell at a specific price.
Once the trade is closed, your realized PnL will be settled, and funds returned to your Futures Wallet. You can then transfer back to Spot Wallet if desired.
✅ Trade with MEXC now: Open An Account 👈
Tips for Beginners Trading Futures on MEXC
Start Small: Begin with low leverage (2x–5x) to understand how futures behave.
Use Testnet: MEXC offers a demo mode (testnet) for practice without risking real funds.
Always Use Stop Loss: Futures can be volatile—protect your capital at all times.
Watch Funding Rates: These rates affect your profitability in longer-term positions.
Avoid Overtrading: Futures markets move fast. Don’t chase losses or revenge trade.
Stay Updated: MEXC regularly updates contracts, pairs, and features. Stay informed through official announcements.
Why Choose MEXC for Futures Trading?
High Leverage Options
MEXC offers some of the highest leverage in the industry—up to 200x—allowing you to maximize exposure with minimal capital.
Low Fees
MEXC’s futures trading fees are competitive. Taker and maker fees are often lower than larger exchanges, especially for high-volume traders.
Deep Liquidity
With millions of users globally, MEXC futures enjoy excellent market depth, which minimizes slippage even during high volatility.
Wide Range of Pairs
From mainstream tokens like BTC and ETH to meme coins and altcoins, MEXC supports hundreds of futures contracts you won’t find elsewhere.
User-Friendly Interface
MEXC’s UI is clean, responsive, and optimized for desktop and mobile. Whether you're a day trader or swing trader, you’ll find the tools intuitive.
24/7 Customer Support
MEXC offers round-the-clock support via live chat and email. Their multilingual team can assist with both technical and trading issues.
Common Mistakes to Avoid
Ignoring Liquidation Risk: Even a small move can wipe your margin if you’re over-leveraged.
Not Understanding Funding Fees: Holding positions overnight without factoring in funding can eat into profits.
Entering Without a Plan: Futures require discipline. Always define your entry, exit, and risk before placing trades.
Going All-In: Never use your entire balance on one trade. Capital preservation is key.
Not Keeping Up With Market News: Sudden news can drastically impact prices—especially in crypto.
Final Thoughts
Futures trading on MEXC is fast, flexible, and accessible to anyone with basic trading knowledge. By following the steps outlined above—creating an account, funding your wallet, selecting pairs, adjusting leverage, and managing positions—you can participate in the dynamic world of crypto derivatives.
However, trading futures also comes with high risk. Leverage is a double-edged sword. While it can multiply gains, it can also amplify losses. Make sure to educate yourself, practice risk management, and start small.
If you're serious about crypto trading, MEXC Futures is a solid platform that combines performance, reliability, and wide-ranging tools to support your growth.
✅ Trade with MEXC now: Open An Account 👈
Read more:
