MEXC

User Friendly
 

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 5

Ease of buying and trading: 5

Interface and user experience: 5

Education and learning: 4

Customer support: 4

Features
 

Spot trading

Futures trading

Advanced trading options: 5

Staking and savings: 1

Airdrops and launchpools: 5

Additional financial services: 5

Other products and services: 4

Fees
 
  • Spot Maker Fee: 0.05%
  • Spot Taker Fee: 0.05%
  • Futures Maker Fee: 0.01%
  • Futures Taker Fee: 0.04%

Additional $8,000 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2018

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 2

Asset safety and trust: 3

User account security: 5

Volume & Altcoins
 

 Number of altcoin pairs: 2600

 Last 24h trade volume (in BTC): 95,042

Features Score: 75 / 100
3.9
Total Rating: Very Good
Toggle feature descriptions
Beginner friendly buying
5
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
5
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
5
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
5
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
1
Number of available staking assets and overall yields.
Airdrops & Launchpools
5
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
5
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
5
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
4
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
5
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
1
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
2
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
3
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
5
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
4
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
5
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
0
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
4
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
4
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
2
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 6.7/10
CoinGecko TrustScore: 9/10

Quick info:

Launched in: 2018
Based in: Seychelles
Trust Score: 9/10 (Ranked #10)
Coins listed: 2600+
Trading volume: 95,042

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Beginner-friendly interfaceSpot tradingDemo tradingMobile appCopytradingQuick convertRecurring buys
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Optional KYCDark themed interfaceSignup bonusesSubaccountsTrading competitionsLow trading fees

Restricted countries

MEXC is not available in these 11 countries:

Canada, China, Cuba, Indonesia, Iran, North Korea, Singapore, Sudan, Syria, United States, Venezuela.

MEXC does not enforce KYC (know-your-customer) policies on accounts, therefore VPN use in unsupported countries is possible.

Available countries

MEXC is available in 225 countries and territories.

Trading fees

  • Spot: 0.05% maker and taker.
  • Futures: 0% maker (no fee), 0.02% taker.
  • Up to 50% fee discounts for MX token holders.
  • Additional 20% fee discount when paying trading fees with MX token.
  • Frequent 0% fee promotions.

MEXC fees can sometimes be different in some regions (typically cheaper than displayed here). In certain countries, Futures trading fees can go as low as 0% maker and 0.02% taker. Navigate to Profile > Trading fees or visit this page to see rates specific for your account.

Signup bonuses

For added benefits on MEXC use the following code during signup:

1TQsK

Up to $8,000 in signup bonuses. Will require deposit or trading tasks, refer to MEXC website for details.

Signup bonuses amount: $8,000.

Referral, signup or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.

There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.

The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

Pros

  • Easy crypto entry with debit cards or bank transfers through several different providers.
  • Virtual MasterCard available for most of European countries with 0% fees.
  • Signup rewards up to $1,000 in futures funds for trading and deposit bonuses.
  • Frequent trading competitions with large cash rewards.
  • Very low trading fees compared to most exchanges.
  • Highest liquidity out of all no-KYC exchanges.
  • Large list of good low-cap altcoins not listed on bigger exchanges.

Cons

  • Staking has few coins and low yields, making it less than ideal for holding spot positions.
  • No fiat withdrawals.
  • A lot of controversy in the crypto community about this exchange.

About MEXC

MEXC Global stands as a prominent player in the global cryptocurrency exchange arena. Established in 2018, MEXC has rapidly ascended the ranks, gaining recognition for its diverse range of supported cryptocurrencies and advanced trading features. This article delves into the key aspects that make MEXC a notable exchange in the ever-evolving world of digital assets.

User-Friendly Interface and Trading Experience

One of MEXC’s standout features is its intuitive and user-friendly interface, catering to both novice and experienced traders. The platform offers a seamless trading experience with a variety of trading pairs, providing users with the flexibility to engage in diverse crypto markets.

Extensive Range of Supported Cryptocurrencies

MEXC takes pride in its extensive selection of supported cryptocurrencies. Traders on the platform have access to a wide array of digital assets, including popular tokens like Bitcoin (BTC), Ethereum (ETH), and a multitude of altcoins. This diverse offering enables users to explore various investment opportunities within the crypto space.

Innovative Trading Products and Services

MEXC goes beyond standard spot trading by introducing innovative trading products and services. The platform features futures trading, margin trading, and other advanced instruments, allowing users to implement diverse trading strategies. This commitment to innovation positions MEXC as a dynamic and evolving broker in the competitive crypto exchange world.

Security and Trust

Security remains a top priority for MEXC, and the exchange employs robust measures to safeguard user funds and data. With a focus on compliance and regulatory standards, MEXC instills trust among its user base, contributing to its reputation as a secure and reliable cryptocurrency exchange.

Global Reach and Community Engagement

MEXC has established a global presence, serving users from various regions around the world. The exchange actively engages with its community through social media channels, educational initiatives, and partnerships. This global outreach contributes to MEXC’s role as a key player in fostering crypto adoption on a global scale.

Conclusion

In conclusion, MEXC emerges as a dynamic and user-centric cryptocurrency exchange, offering a broad spectrum of features to cater to the evolving needs of the crypto community. From a user-friendly interface to innovative trading products and a commitment to security, MEXC continues to leave its mark on the global crypto community.

Features Score: 75 / 100
3.9
Total Rating: Very Good