MEXC Exchange Review: Features, Fees, Security &
More
Cryptocurrency trading has become an integral part of the global financial landscape, with numerous exchanges competing to provide traders with the best possible features. MEXC is one such platform that has gained significant traction among crypto enthusiasts due to its extensive asset offerings, low fees, robust security measures, and advanced trading tools
In this comprehensive MEXC review, we will delve into every critical aspect of the exchange, covering trading options, features, fees, security, accessibility, and much more. Whether you are a beginner looking for a user-friendly exchange or a seasoned trader searching for high-leverage trading opportunities, this guide will help you determine if MEXC is the right choice for you.
What is MEXC? – A Brief Overview
Launched in 2018, MEXC Global is a cryptocurrency exchange platform that has rapidly expanded its presence worldwide. The platform caters to over 10 million users across 170+ countries and offers 2,900+ cryptocurrencies, making it one of the most diverse exchanges in terms of asset availability.
MEXC provides various trading options, including spot trading, futures trading, leveraged ETFs, copy trading, and staking opportunities. It is known for its zero maker fees on spot trading, competitive taker fees, and a user-friendly interface that supports seamless trading experiences.
Key Features of MEXC Exchange
1. Wide Selection of Cryptocurrencies
One of MEXC’s strongest selling points is its massive selection of cryptocurrencies. With support for over 2,900 digital assets, traders can access a variety of coins, including major cryptocurrencies like:
● Bitcoin (BTC)
● Ethereum (ETH)
● Binance Coin (BNB)
● XRP (XRP)
● Solana (SOL)
● Polygon (MATIC)
Additionally, MEXC is well-known for listing new and promising altcoins earlier than many other major exchanges, giving traders a first-mover advantage on emerging crypto projects.
2. Spot Trading with Zero Maker Fees
MEXC offers zero maker fees for spot trading, making it highly cost-effective for traders. The taker fee is only 0.1%, which is lower than most competitors in the market. These attractive trading fees ensure that users maximize their profits while executing trades.
3. Futures Trading with Up to 200x Leverage
For traders looking to maximize potential profits, MEXC provides futures trading with up to 200x leverage. This enables users to amplify their positions, but it’s crucial to understand the high risks associated with leveraged trading.
MEXC's futures trading dashboard comes with advanced tools, including:
● Real-time order book data
● Technical indicators
● Customizable charting tools
● Risk management settings
Additionally, the platform supports USDT-margined and coin-margined contracts, giving traders flexibility in how they trade derivatives.
4. Copy Trading – Learn from the Experts
For beginners or traders who prefer passive strategies, MEXC offers a copy trading feature that allows users to mirror the trades of experienced traders. This feature provides transparency, as users can view the trading history, profitability, and risk levels of expert traders before selecting whom to follow.
5. Futures Demo Trading – Practice Before You Risk
MEXC recognizes that futures trading can be complex, especially for new traders. That’s why the platform provides a futures demo trading feature, where users can practice trading strategies using virtual funds before committing real money.
6. Leveraged ETFs – Trade with Built-in Risk Management
MEXC offers leveraged ETFs, which provide traders with leveraged exposure to cryptocurrency price movements without needing to manage margin accounts. These ETFs automatically rebalance positions to maintain leverage, reducing liquidation risks.
For instance:
● A 3x BTC long ETF will move three times the percentage movement of Bitcoin.
● A 3x BTC short ETF will move three times in the opposite direction of Bitcoin.
Leveraged ETFs are ideal for traders looking for higher returns while minimizing exposure to liquidation risks.
7. MEXC Launchpad – Exclusive Token Offerings
MEXC provides users with early access to new and promising crypto projects via its Launchpad, where traders can participate in Initial Exchange Offerings (IEOs) and earn potential high returns.
Holding MX tokens, MEXC’s native cryptocurrency, often grants users exclusive access to these launchpad events.
8. Staking and Passive Income Opportunities
MEXC allows users to earn passive income through multiple methods:
● Staking: Users can stake their cryptocurrencies and earn competitive annual percentage yields (APYs)
● Savings: Earn interest on idle crypto holdings.
● Liquidity Mining: Participate in liquidity pools and earn rewards.
Some staking pools on MEXC offer APYs of 100% or more, making it a lucrative option for long-term investors.
How to Register on MEXC – Step-by-Step Guide
Signing up for MEXC is a straightforward process. Follow these steps to create an account and start trading:
Step 1: Visit the Official MEXC Website
● Go to MEXC's official website.
● Ensure that you are on the correct site to avoid phishing scams.
Step 2: Click on “Sign Up”
● Locate the "Sign Up" button at the top-right corner of the homepage.
● You can register using an email address or mobile number.
Step 3: Enter Your Registration Details
● Provide a valid email or phone number
● Create a strong password (use a mix of uppercase, lowercase, numbers, and symbols).
● Enter the referral code (if applicable) to get rewards.
Step 4: Complete Email or Phone Verification
● A verification code will be sent to your registered email or phone number.
● Enter the 6-digit code to verify your account.
Step 5: Enable Two-Factor Authentication (2FA)
● Set up Google Authenticator or SMS authentication for added security.
● This step is highly recommended to protect your funds
Step 6: Complete KYC Verification (Optional but Recommended)
● While MEXC does not require KYC for trading, completing Know Your Customer (KYC) verification allows for higher withdrawal limits and access to additional features.
● Upload a valid ID (passport, driver’s license, or national ID card) and complete facial recognition verification
Step 7: Make a Deposit and Start Trading
● Go to the "Wallet" section and choose Deposit
● You can deposit cryptocurrencies or buy crypto using fiat via third-party providers.
● Once your funds are in your account, you can start spot trading, futures trading, or staking
Security & Safety Measures
Security is a top priority for any cryptocurrency exchange, and MEXC implements strict security protocols to safeguard user funds. These include:
● Cold Storage Solutions: The majority of funds are stored in offline cold wallets to protect against hacking attempts.
● Multi-Layered Encryption: MEXC uses advanced encryption techniques to secure sensitive user data.
● Multi-Factor Authentication (MFA): Users can enable Google Authenticator and SMS authentication for enhanced account security.
● Anti-Phishing Code: Users can set up a unique security code to identify legitimate communications from MEXC.
While MEXC has not experienced any major security breaches, it is always advisable for users to enable all available security features to maximize protection.
MEXC Trading Fees & Costs
One of the biggest advantages of MEXC is its low trading fees:
● Spot Trading Fees:
○ Maker Fee: 0%
○ Taker Fee: 0.1%
● Futures Trading Fees:
○ Maker Fee: 0%
○ Taker Fee: 0.01%
MEXC frequently offers fee discounts and zero-fee promotions on selected trading pairs, further enhancing its cost-effectiveness.
Deposit & Withdrawal Options
MEXC supports a wide range of deposit methods, including:
● Cryptocurrency deposits (free of charge)
● Fiat deposits via third-party payment services
● Bank transfers, credit cards, and P2P trading
However, fiat withdrawal options are somewhat limited, which could be a drawback for users looking to cash out their holdings easily.
Countries Supported & Restricted Regions
MEXC is available in over 170 countries, but it does have some regional restrictions Users from the following countries are restricted from using MEXC:
● United States
● United Kingdom
● Canada
● Singapore
● Mainland China
● Indonesia
● Iran, Syria, North Korea, Sudan, Venezuela, and Crimea
Due to regulatory compliance issues, traders from these locations will need to consider alternative exchanges
Pros & Cons of MEXC
✅ Pros:
✔ Zero maker fees on spot trading
✔ Extensive cryptocurrency selection (2,900+ coins)
✔ High leverage options for futures trading
✔ Copy trading and demo trading available
✔ Leveraged ETFs for risk-adjusted exposure
✔ Launchpad for early token access
✔ Robust security features
✅ Cons:
✖ Limited fiat withdrawal options
✖ Restricted in some major regions (U.S., U.K., Canada, etc.)
✖ No NFT marketplace support
