6 minute read
How Many Users Does MEXC Have? Review Broker
from MEXC Exchange
by XM Blog
When it comes to choosing a cryptocurrency exchange, one of the key indicators of trustworthiness and popularity is the number of active users on the platform. For many traders and investors, a large user base suggests liquidity, reliability, and a strong community. MEXC Exchange, also known as MEXC Global, is one of the leading crypto exchanges in the world, but how many users does it actually have? Let’s dive straight into the facts and uncover the current status of MEXC’s user numbers.
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MEXC Exchange: Quick Introduction
Before getting into user statistics, it’s important to understand what MEXC Exchange is. Founded in 2018, MEXC has grown rapidly to become a global platform offering a wide range of cryptocurrency trading services. It supports spot trading, futures, margin trading, staking, and a growing list of DeFi and NFT products. With a focus on providing a user-friendly interface combined with advanced trading tools, MEXC appeals to both beginners and professional traders.
Why User Numbers Matter for a Crypto Exchange
The size of a crypto exchange’s user base is crucial for several reasons:
Liquidity: More users mean higher trading volume, which leads to tighter spreads and faster execution.
Trust: Popular exchanges with millions of users tend to have better security and regulatory compliance.
Community: A large user base often results in more active forums, social media presence, and peer support.
Product Innovation: Exchanges with more users have more resources to develop new features.
With this context, understanding MEXC’s user count gives insight into its position within the competitive crypto market.
How Many Users Does MEXC Have?
As of 2025, MEXC Exchange boasts over 10 million registered users worldwide. This figure reflects the platform’s growth from a small startup to a major player in the crypto exchange landscape. The user base spans across more than 200 countries, making MEXC a truly global platform.
This number is derived from official announcements by MEXC, data released on their corporate blog, and industry reports. Although exact figures can fluctuate due to account deactivations and new registrations, 10 million serves as a reliable and recent benchmark.
Growth Trend of MEXC User Base
MEXC’s user growth has been remarkable. When it launched in 2018, it started with a modest number of users focusing primarily on the Asian market. Over the years, the platform expanded aggressively to Europe, the Americas, Africa, and Southeast Asia.
Several factors contributed to this growth:
User-Friendly Experience: MEXC offers a clean and intuitive interface, making it accessible to beginners.
Wide Range of Coins: MEXC lists hundreds of cryptocurrencies, including new and emerging tokens.
Competitive Fees: Low trading fees attract frequent traders.
Robust Security: MEXC employs industry-standard security protocols, building trust among users.
Global Marketing: Strategic partnerships, influencer endorsements, and localized campaigns helped widen the user base.
Comparing MEXC User Count with Other Exchanges
To put MEXC’s 10 million users into perspective, let’s consider some major competitors:
Binance: Over 150 million users globally.
Coinbase: Approximately 110 million users.
Kraken: Roughly 10 million users.
KuCoin: Around 20 million users.
While MEXC’s user base is smaller than giants like Binance and Coinbase, it remains highly competitive, especially considering its relatively young age. It competes closely with Kraken and KuCoin in terms of active users.
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Active Users vs Registered Users
It’s important to differentiate between total registered users and active users. Registered users include all accounts created on the platform, but some may no longer be active.
MEXC reports that out of the 10 million registered users, about 4 million are active monthly users. This means these users log in, trade, or engage with the platform regularly. This active user base is a strong indicator of the exchange’s health and engagement level.
Regional Distribution of MEXC Users
MEXC’s global presence is one of its strongest assets. Its user base is widely distributed:
Asia: The largest share, especially in Southeast Asia and China.
Europe: Rapid growth in countries like Germany, France, and the UK.
Africa: Increasing adoption driven by crypto enthusiasm in Nigeria, South Africa, and Kenya.
Americas: Growing presence in Latin America and some pockets of the US market.
This diverse user base helps MEXC mitigate risks associated with regulatory changes in any one region.
User Growth Drivers in Recent Years
MEXC’s accelerated user acquisition in recent years can be linked to:
Launch of New Products: Futures trading, DeFi staking, and NFT marketplaces attract varied user groups.
Improved Mobile App: Enhancements in the Android and iOS apps facilitated trading on the go.
Referral Programs: Incentives for existing users to invite friends have boosted numbers.
Localized Customer Support: Offering customer support in multiple languages improved retention.
Regulatory Compliance: Licensing in multiple jurisdictions has built user confidence.
User Demographics on MEXC
While exact demographic data isn’t publicly detailed, MEXC’s marketing materials suggest the following about its user base:
Age: Mostly 25-40 years old.
Experience: Both beginners and professional traders.
Occupation: Many users are individual investors, day traders, and crypto enthusiasts.
Interests: Besides trading, many users engage with MEXC’s staking and NFT offerings.
Challenges Affecting User Growth
Despite strong growth, MEXC faces challenges that could impact user numbers:
Regulatory Pressure: Some countries have banned or restricted crypto exchanges, affecting user registrations.
Competition: With many new exchanges emerging, maintaining user loyalty is critical.
Security Incidents: Even minor hacks can affect user trust and growth.
Market Volatility: Bear markets tend to slow new user registrations.
However, MEXC’s transparent communication and continuous platform upgrades help address these issues.
How MEXC Maintains User Engagement
To keep its millions of users active, MEXC invests heavily in:
Educational Content: Tutorials, webinars, and guides for new traders.
Community Events: Online and offline meetups and AMAs.
Innovative Features: Launching new tokens, liquidity mining, and social trading tools.
Customer Support: Quick resolution of user queries in multiple languages.
These initiatives contribute to maintaining and growing its user base sustainably.
What Does the Future Hold for MEXC’s User Numbers?
Looking ahead, MEXC aims to cross 20 million registered users within the next two years. Plans to expand into new markets, including Latin America and the Middle East, will drive this growth. Additionally, new product launches in the DeFi and NFT sectors are expected to attract diverse users.
MEXC is also focusing on compliance and partnerships, which will help attract institutional clients alongside retail users. This balanced growth strategy bodes well for the exchange’s user base expansion.
Conclusion: MEXC’s User Base Is Solid and Growing
To answer the question clearly: MEXC Exchange currently has over 10 million registered users worldwide, with about 4 million active monthly users. This impressive user base reflects the platform’s success as a global cryptocurrency exchange.
While it is not yet as large as the top exchanges like Binance or Coinbase, MEXC’s rapid growth, wide geographic reach, and innovative offerings make it one of the most promising platforms in the crypto trading space.
For traders looking for a platform with diverse coin offerings, low fees, and a vibrant community, MEXC is a strong contender backed by millions of users worldwide.
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