7 minute read
How to Trade Futures on MEXC? Review Broker
from MEXC Exchange
by XM Blog
If you want to start trading futures on MEXC, the process is straightforward once you understand how the platform works. MEXC is a global cryptocurrency exchange that offers a wide range of trading options, and futures trading is one of its most popular features. The short answer is: to trade futures on MEXC, you need to create an account, complete basic setup, deposit funds, select the futures market, and open either a long or short position using leverage if desired. The rest of this guide will explain the process in detail, step-by-step, and help you avoid common mistakes.
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Understanding MEXC Futures Trading
Futures trading on MEXC allows you to speculate on the price movement of cryptocurrencies without actually owning the underlying asset. You can profit from both rising and falling markets by opening long positions (betting the price will go up) or short positions (betting the price will go down).
MEXC offers USDT-Margined Futures and Coin-Margined Futures.
· USDT-Margined Futures are settled in USDT (Tether), a stablecoin pegged to the US dollar.
· Coin-Margined Futures are settled in the underlying cryptocurrency itself, such as BTC or ETH.
Both types of futures allow leverage, sometimes up to 200x, which means you can open positions much larger than your actual capital. However, higher leverage also increases risk.
Step 1: Create and Verify Your MEXC Account
The first step is to sign up on the official MEXC website or mobile app.
· Visit the official MEXC website
· Register with your email or mobile number.
· Create a strong password.
· Complete email or SMS verification.
Although MEXC is known for allowing trading without mandatory KYC in some regions, completing Know Your Customer (KYC) verification can improve account security, increase withdrawal limits, and sometimes unlock extra benefits.
Step 2: Secure Your Account
Before you deposit funds, make sure your account is protected. Enable:
· Two-Factor Authentication (2FA) using Google Authenticator or Authy.
· Anti-Phishing Code to verify official MEXC emails.
· Withdrawal Password for extra protection when sending funds out of your account.
Security is essential in futures trading because high leverage means even a single breach could cause large losses.
Step 3: Deposit Funds into Your MEXC Account
To trade futures, you need USDT, BTC, ETH, or another supported asset as collateral. You can fund your account in two ways:
1. Deposit Crypto: Transfer from another wallet or exchange. Go to Assets → Deposit, select the asset, copy your wallet address, and send the funds.
2. Buy Crypto with Fiat: Use MEXC’s P2P marketplace or third-party payment integrations to purchase USDT or other crypto directly.
If you deposit funds into your Spot Wallet, you must transfer them to your Futures Wallet before trading. This can be done instantly under the Assets → Transfer menu.
Step 4: Choose the Type of Futures Contract
On MEXC, futures contracts are categorized mainly as:
· Perpetual Futures: No expiry date, most common type for crypto traders.
· Quarterly Futures: Have a fixed expiry date, less common on MEXC.
Most beginners start with USDT-Margined Perpetual Futures because they are easy to understand and stable in settlement.
Step 5: Open the Futures Trading Interface
Go to Derivatives → Futures on the MEXC menu. You will see a professional trading interface containing:
· Price chart powered by TradingView.
· Order book showing buy and sell orders.
· Position panel to track your open trades.
· Order placement panel for setting your trade size, leverage, and direction.
You can customize this interface, add indicators, and adjust chart timeframes to match your strategy.
Step 6: Select Your Trading Pair and Leverage
At the top left of the futures interface, select the cryptocurrency pair you want to trade. For example, BTC/USDT Perpetual or ETH/USDT Perpetual.
Next, choose your leverage. MEXC allows up to 200x on some pairs, but for beginners, 5x–20x is more reasonable to reduce liquidation risk. You can adjust leverage anytime before opening a position.
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Step 7: Understand Margin Modes
MEXC offers two margin modes for futures trading:
· Cross Margin: Your entire futures account balance is shared across all positions. Losses from one trade can affect all other trades.
· Isolated Margin: Only the margin allocated to a specific trade is at risk. This is safer for beginners because it limits potential losses.
For new traders, Isolated Margin is recommended until you gain experience.
Step 8: Place a Futures Order
There are different order types you can use to enter or exit a trade:
· Market Order: Instantly buys or sells at the current best price. Fastest but may have slight slippage.
· Limit Order: Lets you set a specific price at which you want to buy or sell.
· Stop-Limit / Stop-Market Orders: Used for setting stop-loss or take-profit levels automatically.
To go long, select Buy/Long. To go short, select Sell/Short.
Example: If BTC is trading at $30,000 and you believe it will rise, you might open a long position at 10x leverage. If BTC goes up 5%, your position gains 50% due to leverage. But if BTC drops 5%, your position may be liquidated.
Step 9: Monitor and Manage Your Position
Once your trade is open, you can see:
· Entry Price: The price at which you opened your trade.
· Mark Price: The reference price MEXC uses for liquidation calculations.
· Unrealized P&L: Your profit or loss if you closed the trade now.
· Margin Ratio: How close you are to liquidation.
You should always set a stop-loss to protect your capital and a take-profit to lock in gains.
Step 10: Closing a Futures Position
You can close your position at any time by using a Market Close (instant) or Limit Close (at a set price). If your margin ratio reaches the liquidation threshold, MEXC will automatically close your position to prevent further losses.
Tips for Successful Futures Trading on MEXC
1. Start Small – Begin with low capital and low leverage to learn the platform without taking big risks.
2. Use Isolated Margin – This limits losses to one position.
3. Always Set Stop-Loss Orders – Protect your capital in volatile markets.
4. Follow a Trading Plan – Don’t trade based on emotion or guesswork.
5. Understand Funding Rates – Perpetual futures have funding fees paid between long and short traders every 8 hours.
6. Avoid Overtrading – Only trade when you have a clear setup.
7. Learn Technical Analysis – Charts, trend lines, and indicators can help identify opportunities.
Risks of MEXC Futures Trading
While futures can amplify profits, they also increase risk. The most common dangers are:
· Liquidation Risk: High leverage can wipe out your capital quickly.
· Funding Fees: These can add up if you hold positions for a long time.
· Emotional Trading: Impulse decisions can cause heavy losses.
· Market Volatility: Crypto prices can move unpredictably.
Never trade with money you cannot afford to lose.
Advantages of Trading Futures on MEXC
· High Liquidity: Easy to enter and exit trades with minimal slippage.
· Wide Range of Pairs: Hundreds of futures pairs are available.
· Flexible Leverage: Adjust leverage anytime.
· No Mandatory KYC in Some Regions: Faster onboarding for new traders.
· User-Friendly Mobile App: Trade on the go.
Final Thoughts
Trading futures on MEXC can be highly profitable if approached with discipline, proper risk management, and a clear strategy. The steps are simple:
1. Create and secure your account.
2. Deposit funds and transfer them to your futures wallet.
3. Choose your trading pair and leverage.
4. Understand margin modes.
5. Place and manage trades with clear stop-loss and take-profit levels.
The most important thing to remember is that futures trading is not gambling — it is a calculated activity that requires learning and discipline. If you start small, practice regularly, and use the tools MEXC provides, you can gradually build the skills needed to trade futures successfully.
✅ Trade with MEXC now: Open An Account 👈
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