MEXC alternate is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency alternate permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private info besides the e-mail or cellphone quantity they used for registration.
MEXC International has regularly grow to be among the finest crypto buying and selling platforms attributable to its wide selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the most important crypto pool within the business, MEXC has excessive each day buying and selling quantity, which interprets to excessive liquidity.
The alternate 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.
Subsequently, 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 the perfect options on MEXC?, and how one can open a brand new account on MEXC crypto alternate. Let’s dive in!
MEXC Overview: What’s It?
MEXC is a high centralized cryptocurrency alternate the place customers can simply purchase, promote, and commerce digital belongings. Whereas MEXC prides itself for mega transaction matching know-how, many customers favor it due to its extremely low charges and no obligatory Know Your Buyer (KYC) verification necessities, not like different exchanges.
With MEXC, you’ll be able to 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 inexperienced persons. Here’s a nearer take a look at MEXC world alternate and the way it stands out amongst different platforms.
Change
MEXC
Based
2018
Options
Launchpad & Kickstarter
MEXC Futures M-Day
Spot Buying and selling
Copy Buying and selling
Fast registration
Aggressive buying and selling charges
Demo buying and selling
Margin Buying and selling
Sure
Buying and selling Charges
0.1% for makers and takers and even goes as little as 0%.
Know Your Buyer (KYC) Verification
Sure, however not required.
Safety
Two-factor authentication (2FA)
Chilly storage for crypto
Common safety audits
Deal with whitelisting
Supported Cryptocurrencies and Obtainable Buying and selling Pairs
2700+ cryptocurrencies and over 3000 pairs.
Accepted Fee Strategies
Cryptocurrency, Third social gathering fee suppliers, SEPA Financial institution transfers.
System Compatibility
Cell and desktop.
Geographic Restrictions
MEXC is unavailable in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, america, and Canada.
What’s the Execs of MEXC?
As a well-known crypto alternate, MEXC is standing out by offering many perks to their customers, the professionals of MEXC alternate are:
Largest Collections of Altcoins: MEXC is widespread for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency alternate has extra digital belongings than every other alternate within the crypto business (with over 2700 supported crypto and 3000+ buying and selling pairs)
Fast Registration: You possibly can full MEXC registration in beneath a minute. It’s because you solely want an e mail or a cellphone quantity to register and entry MEXC buying and selling providers.
Non-obligatory KYC: When you add the verification code despatched to your e 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 belongings.
With out KYC, you’ll be able to withdraw between 10-30 BTC each day, which is greater than sufficient for a lot of particular person merchants. Nevertheless, you’ll be able to at all times 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 benefit from their investments by copying the buying and selling methods of skilled merchants. You get entry to necessary particulars in regards to the dealer, together with their monitor file, return on investments, and wins. In case you like every merchants’ monitor data, you’ll be able to merely click on “Copy Commerce,” and orders will likely be routinely positioned in your behalf.
Futures Demo Buying and selling: In case you are nervous about risking your cash on crypto trades, you need to use the Demo Buying and selling interface to observe earlier than you begin. Once you join demo buying and selling, you’ll obtain a $50,000 take a look at account that provides you a easy, risk-free technique to attempt futures buying and selling and different buying and selling choices on MEXC Change.
Incomes Choices: Customers can stake their belongings by Financial savings, Easy Earn, and New Token Mining with mounted and versatile phrases in alternate for rewards. That is particularly necessary for customers seeking to develop belongings with minimal each day buying and selling on the spots or futures markets.
With Financial savings, you’ll get each day curiosity payouts between 0.08% – 20% annual share yield (APY). On the flip facet, you may also 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 alternate isn’t 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 world alternate is providing monetary providers with out the mandatory licenses.
Complaints About Locking Person Funds: MEXC has been going through backlash for claims of locking person funds despite the fact that the expertise isn’t 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 received banned with no causes and clarification. One other person mentioned, “They’ve despatched me an E-mail to withdraw your belongings inside a brief time frame, however my belongings are frozen (can not promote and alternate 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: As a result of its giant coin choices and lots of different options, buying and selling on MEXC could be somewhat difficult for inexperienced persons. Nevertheless, the platform gives academic assets and a easy in-app information to assist new customers.
What Are the Finest Options of MEXC
The most effective 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 influence your expertise on the alternate:
1. MEXC Launchpad & Kickstarter
It may be difficult to find and put money into promising Blockchain initiatives earlier than they hit the mainstream. The MEXC world alternate presents two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.
They’re designed to assist customers uncover and put money into promising blockchain initiatives whereas offering incentives akin to airdrops and rewards to encourage members.
For the MEXC Launchpad, the alternate makes use of a rigorous choice course of to make sure that solely initiatives that meet strict standards are featured. This consists of evaluating the mission’s workforce, market demand, and potential.
Customers can earn free token airdrops by holding MX tokens. As an illustration, in case you maintain no less than 2,000 MX tokens, you’ll be able to take part in airdrop occasions and make enormous returns when initiatives launch.
To take part in Launchpad occasions:
Purchase and maintain no less than 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 based mostly 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 part. You and different customers can take part by voting on your favourite Blockchain initiatives. Profitable votes result in free rewards and token airdrops for members.
Just like the Launchpad, there are necessities that qualify customers to take part in Kickstarter occasions. Customers should maintain no less than 500 MX tokens for twenty-four hours earlier than the occasion begins. The quantity of MX tokens held determines what number of tokens might 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, it’s essential to watch the occasion typically. As an illustration, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency alternate.
Contributors earned rewards by a fortunate draw based mostly on their buying and selling volumes throughout specified intervals. This threshold varies by occasion; as an example, it may very well be set at 40,000 USDT or extra.
The upper the transaction quantity, the extra tickets a person 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 based mostly in your buying and selling exercise.
After the occasion concludes, MEXC will announce the outcomes and distribute rewards.
Collaborating 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 need to 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 purchase and promote crypto simply and benefit from MEXC’s excessive liquidity. As a result of a excessive buying and selling quantity, your orders will likely be fulfilled shortly, and you will get good charges when making trades.
Moreover, the platform has a complicated buying and selling dashboard with pairs principally pegged with USDT. The dashboard shows buying and selling info, 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 routinely replicate the buying and selling methods of skilled merchants in futures markets. You possibly can choose lively merchants based mostly on their monitor file and efficiency metrics, akin to return on funding (ROI), 7-day win price, 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 start out copying their buying and selling methods. All orders are positioned routinely whenever you determine to comply with a dealer, and no extra charges are charged for copy buying and selling transactions.
Different MEXC Crypto Change Options
P2P Buying and selling: Apart from shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers may also commerce crypto belongings with different customers on the MEXC platform with out middlemen. In alternate for an area foreign money or vice versa, you’ll be able to commerce digital belongings on the P2P market, together with USDT, USDC, BTC, and ETH.
MEXC Token Airdrops: MEXC steadily 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 is best to test the “Token Airdrop” web page typically to catch such occasions earlier than they finish.
MEXC Referral Program: Like different exchanges, MEXC affiliate portal allows customers to make extra rewards by selling the platform. As a referrer, you’ll be able to earn as much as 70% fee on each commerce your referrals make on MEXC’s spot and futures markets.
These rewards usually are not one-way advantages; referrals additionally qualify for rewards, akin to a $20 join bonus, and entry to high business occasions. So, in case you’d quite open an account and commerce each day with out being an affiliate, use the referral 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 when it comes to low charges. Beneath 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 cut 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 no less than 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges.
Common buying and selling pairs: Some widespread buying and selling pairs, akin to XRP/USDT and XRP/USDC, have a 0% spot transaction charge.
Moreover, MEXC Change presents 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 at present has the bottom futures buying and selling prices available in the market in the intervening time. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional scale back the buying and selling charges, you’ll be able to maintain MX place above 500 over the past 24 hours, permitting you to immediately take pleasure in a 50% low cost on futures buying and selling prices.
Moreover, you’ll be able to take pleasure in 20% off buying and selling charges whenever you switch MX into your futures account and offset USDT-margined futures buying and selling prices. Or, you’ll be able to 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 totally free. 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 charge capped at 0.00003 BTC. You will need to observe that MEXC withdrawal charges change additional time and are charged in accordance with the present community circumstances. Please at all times test essentially the most up to date MEXC charge listed on every withdrawal web page.
The best way 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’ll be able to:
Go to the MEXC homepage, or obtain the app, and click on “Signal Up”
Fill out your e mail or cellphone quantity within the registration type and click on Signal Up.
Confirm your e mail or cellphone quantity with a 6-digit code or the hyperlink despatched to your e 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 e 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.
Observe these steps to purchase your first crypto on MEXC Change:
Select the [Deposit] tab, choose the fiat foreign money 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 fee methodology.
Upon fee affirmation, the crypto you acquire will likely be deposited into your MEXC account routinely.
Observe 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 foreign money 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 fee methodology for the client to make the fee within the chosen receiving cryptocurrency.
As soon as your order has been processed, the client will make the fee within the chosen receiving cryptocurrency by way of the fee methodology you chose.
In contrast to different exchanges, you’ll be able to successfully transact on MEXC Change with out KYC. Nevertheless, to maneuver from Unverified (10-30 BTC each day withdrawal restrict) to Main or Superior stage (200 BTC each day withdrawal restrict), you should 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 e mail as soon as the method is full.
“What Are the MEXC Supported International locations?”
MEXC is obtainable in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 nations. This makes it one of the accessible crypto exchanges on the planet.
What Are the MEXC Restricted International locations?
MEXC Change isn’t out there all over the place. It isn’t accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, america, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).
As a result 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 each day withdrawal restrict beginning at 10 BTC.
At all times do not forget that MEXC reserves the suitable to take rapid motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, in case you determine to make use of a VPN, guarantee it’s at all times on whereas logging in to the platform.
What Are the Finest Options for MEXC?
The most effective alternate options to MEXC are Bybit, KuCoin, Binance, and BingX. These greatest crypto exchanges provide a big choice of crypto like MEXC, they’ve aggressive charges, and provide a number of options to present customers a easy buying and selling expertise.
Whereas a few of these alternate options, together with Binance and Bybit, require KYC verification, it’s optionally available on BingX. However earlier than you determine on an alternate to discover, the highest MEXC alternate options are summarized within the comparability desk beneath that will help you make knowledgeable choices;
Change
MEXC
Bybit
Binance
BingX
Kucoin
Based
2018
2018
2017
2018
2017
Options
Launchpad
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
Sure
Sure
Sure
Sure
Sure
Buying and selling Charges
0.1% 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 immediate 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 charge of 0.1% for each makers and takers.
KYC Verification
Sure, however it’s not obligatory.
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 Pairs
2700+ cryptocurrencies and over 3000+ pairs.
1000+ and 300+ spot pairs.
500+ and 1300+ pairs.
700+ and 1100+ pairs.
700+ and 1200+ pairs.
Accepted Fee Strategies
Cryptocurrency, Third social gathering fee 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 third-party suppliers and P2P buying and selling.
System Compatibility
Cell and desktop.
Cell and desktop
Cell and desktop
Cell and desktop
Web site and cell apps.
Geographic Restrictions
Not out there in North Korea, america, Canada and 10 extra nations.
Not out there in america, Canada, Singapore, France, and extra.
Not out there within the US, UK, and a number of other European nations.
United States, Canada, and different nations.
US, mainland China, and different nations.
By way of cryptocurrency choice, person safety, and options, the perfect MEXC alternate options are Binance and Bybit. The 2 platforms provide numerous buying and selling pairs, 1000’s of crypto, and aggressive buying and selling charges, however they require KYC. Additionally they present numerous options, together with Buying and selling bots, staking, saving, NFT market, and extra. If you wish to perceive extra about these alternate options, take a look at our detailed Binance assessment for extra info.
Nevertheless, when speaking about ‘no obligatory’ KYC verification alternate options for MEXC Change, think about using BingX and Kucoin. Although they’re restricted in sure areas, you need to 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 the perfect crypto buying and selling different for MEXC world alternate.
How Many Cryptocurrencies Obtainable on MEXC?
MEXC presents 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 likely one of the main causes MEXC is widespread within the crypto area.
Is MEXC Protected 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 person funds. They safe person funds utilizing sturdy safety features like chilly pockets storage, multi-sig authorizations, and superior encryption.
Nonetheless, there have been complaints about MEXC locking person funds and delisting tokens with out warning. A person claimed that “They banned the account and my workforce members’ account additionally. We’ve greater than 50 {Dollars} on our account. After 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…”
“…They usually listing 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 an announcement when one other person allegedly misplaced over $92k attributable to account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;
“Concerning the account restrictions and points associated to futures buying and selling/belongings that you’ve raised, our threat management system and related personnel have performed a radical 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’ve got taken measures to get better the losses incurred.”
One other potential concern may very well be that MEXC is unregulated in most jurisdictions, together with america, North Korea, Mainland China, and Canada. However, this case isn’t any totally different than different high exchanges within the area going through regulatory challenges in related areas like Binance and Bybit.
However in case you are nonetheless involved in regards to the security of your digital belongings, you’ll be able to 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 each day withdrawal restrict as an Unverified person 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 Main or Superior KYC. Main KYC permits withdrawals of as much as 80 BTC inside 24 hours, whereas Superior KYC will increase this restrict to 200 BTC and consists of extra options like OTC buying and selling.
