MEXC-GLOBAL

    MEXC Global stands out as a centralized crypto exchange offering over 2,900 cryptocurrency digital assets. In MEXC it offers traders to buy, sell, or trade cryptocurrencies, including global number-one choices like Bitcoin (BTC), Ethereum (ETH), and various altcoins. It offers simple spot trading, as well as futures and margin trading for advanced users. With a user-friendly platform, it serves people worldwide, providing fast transactions and plenty of trading options.

    History and Background

    Launched in April 2018 by CEO John Chen’s team, MEXC Global, originally MXC, rebranded in June 2021 to expand globally. Backed by investors like TrustVC and AlphaCoin Fund, it reached a daily trading volume of $4.73 billion by April 2025. Awarded “Best Crypto Exchange Asia” at the 2021 Crypto Expo Dubai, MEXC serves over 30 million users worldwide.

    MEXC Global’s Global Presence and Reputation

    MEXC Global holds the seventh spot among centralized exchanges, with $115.7 billion in trading volume. Licensed in Australia, Estonia, and the U.S., it’s unavailable in regions like the U.S., UK, and China due to regulations. Celebrated for its vast coin selection and low fees, it faces criticism for lacking licenses in major markets and occasional fund access issues.

    Why MEXC Global Stands Out?

    MEXC Global stands out with its huge range of altcoins and meme coins, great liquidity, and tools like the MEXC DEX+ aggregator. It lists new tokens early and keeps trading fees low, making it a favorite for traders seeking diverse crypto investments.

    Key Features of MEXC Global

    MEXC Global offers a robust set of tools:

    • Wide Range of Cryptos: Offers to choose from over 2,900 coins and 3,000+ trading pairs to trade.
    • Low-Cost Trading: Spot trading starts at a low fee of 0.2%, and futures fees at 0.02% for makers and 0.07% for takers.
    • Boosted Trading Power: Provides a 125x leverage for futures tradings and 2-5x for leveraged ETFs to increase profits.
    • MEXC DEX+: Integrates 10,000+ assets for efficient, low-slippage trades.
    • Launchpad & Kickstarter: Grants early access to new tokens via MX token staking.
    • Copy Trading: Allows a user to mimic expert traders’ strategies.
    • P2P Trading: Facilitates direct crypto purchases with fiat.
    • Memecoin Zone: Curates viral, community-driven tokens.
    • Demo Trading: Offers 50,000 USDT for risk-free practice.
    • MX Token: Enables fee discounts, airdrops, and staking rewards.

    Getting Started on MEXC Global

    Creating an Account

    A user registers at mexc.com using an email or phone number, completing the process in under a minute. No immediate KYC is required for basic trading, though verification is needed for withdrawals.

    Completing KYC/Verification

    To access full features like withdrawals, a user submits KYC details, including ID and proof of address. This mandatory step ensures compliance but may deter privacy-focused users.

    Enabling Security Features

    A user enhances account security by:

    • Activating two-factor authentication (2FA).
    • Setting an anti-phishing code.
    • Using multi-biometric authentication for logins.

    Overview of the Interface

    MEXC’s exchange provides a user-friendly interface, with designated sections for spot, futures, and P2P trading. Every user needs to use TradingView-integrated dashboards for advanced charting, suitable for both beginners and professionals.

    Funding a MEXC Global Account

    Depositing Fiat Currency

    A user deposits fiat via credit/debit cards, global bank transfers (SWIFT, FedWire), or third-party providers like Simplex. Options include JPY, PHP, and BRL, enhancing accessibility in supported regions.

    Depositing Crypto

    To deposit crypto:

    • A user needs to select “Wallet” and then “Deposit.”
    • Choose a cryptocurrency (e.g., USDT) and a specific network for crypto (e.g., ERC20).
    • Copy the deposit address and send funds from another wallet.
    • Funds appear rapidly, with no deposit fees.

    Understanding Deposit Networks

    MEXC exchange supports various networks for specified crypto coins like ERC20, BEP20, and TRC20. A user ensures the correct network matches their wallet to avoid fund loss.

    Buying and Selling Crypto

    Using Buy Crypto Options

    Users purchase crypto via:

    • Quick Buy: Using Apple Pay, Google Pay, or cards.
    • P2P Trading: Direct peer-to-peer fiat-to-crypto trades.
    • OTC Services: Large-volume purchases with escrow security. An escrow system holds funds until payment confirmation, ensuring safety.

    Trading on the Market

    A user trades via the “Markets” tab:

    • Select a pair (e.g., BTC/USDT).
    • Choose spot or futures, setting market or limit orders.
    • Confirm, with fees as low as 0.005% for futures during promotions.
    • Copy trading lets a user follow expert strategies.

    Order Types

    • Market Order: Executes instantly at current prices.
    • Limit Order: Sets a specific price for execution.
    • Conditional Orders: Triggers trades based on predefined conditions.

    Converting Small Balances

    A user converts small balances to MX or USDT via the “Convert” feature, streamlining their portfolio with minimal fees.

    MEXC Global Wallets Explained

    Wallet Types

    MEXC uses:

    • Spot Wallet: Holds assets for trading.
    • Futures Wallet: Manages funds for derivatives.
    • P2P Wallet: Stores assets for peer-to-peer trades.

    Transferring Funds

    A user transfers funds between wallets internally via the “Wallet” section, with no fees for internal moves. External transfers require network fees.

    Withdrawing Funds from MEXC Global

    Withdrawing Crypto

    To withdraw:

    • Users must select “Withdraw” in the “Wallet” section.
    • Choose a token, network, and destination address.
    • Then confirm, and pay network fees.
    • KYC verification is required, and some users report delays or freezes, though not universal.

    Withdrawing Fiat

    MEXC does not support direct fiat withdrawals. A user sells crypto for fiat on P2P or transfers to another exchange for bank withdrawal.

    Common Withdrawal Errors

    • Incomplete KYC: Blocks withdrawals until verified.
    • Network Mismatch: Causes fund loss if incorrect.
    • Maintenance Delays: Affects certain tokens like XCH.

    MEXC Global Earn: Generating Passive Income

    A user earns through:

    • Staking: Locking MX tokens for up to 62% APY.
    • Launchpad: Committing MX for new token airdrops.
    • Kickstarter: Voting for listings with MX to earn rewards.
    • Crypto Loans: Lending assets for interest.
    • users need to access via the “Earn” tab, with strict project vetting to minimize scam risks.

    Advanced Features (Optional for Beginners)

    • MEXC DEX+: Trades 10,000+ assets across chains with low slippage.
    • Leveraged ETFs: Offers 2-5x leverage on long/short positions.
    • Futures Trading: Up to 125x leverage with USDT collateral.
    • API Integration: Supports automated trading for developers.
    • Beginners may start with spot trading before exploring these.

    MEXC Global Mobile App Overview

    MEXC Global provides a mobile app for iOS and Android, available on the App Store and Google Play. A user trades, monitors markets, and manages funds on the go.

    Key Features

    • Spot and futures trading with TradingView integration.
    • P2P and staking options.
    • Real-time price alerts.

    Pros of the App

    • Matches desktop functionality.
    • Enables trading anywhere.
    • Secure with 2FA and biometrics.

    Safety, Security & Support

    Security Measures

    MEXC Global ensures safety with:

    • Cold/Hot Wallets: Stores assets securely, with proof of reserves.
    • 2FA and Biometrics: Protects user accounts.
    • Futures Insurance Fund: Covers potential losses.
    • No major hacks are reported, but regulatory warnings in Japan and Germany highlight unlicensed operations.

    Securing an Account

    A user protects their account by:

    • Enabling 2FA and anti-phishing codes.
    • Avoiding suspicious links mimicking mexc.com.
    • Using strong passwords and biometrics.

    Accessing Support

    MEXC offers:

    • Help Center: Guides at mexc.com.
    • 24/7 Live Chat: For technical issues.
    • Community: Active on X (@MEXC_Official) and Telegram.

    Pros and Cons of Using MEXC Global

    Pros

    • Supports 2,900+ cryptocurrencies, including new altcoins.
    • Low fees (0.2% spot, 0.02% futures maker).
    • No initial KYC for basic trading.
    • High liquidity with $4.73 billion daily volume.
    • Demo trading for risk-free practice.

    Cons

    • Restricted in major markets like the U.S. and UK.
    • No direct fiat withdrawals.
    • Regulatory concerns in Germany, Japan, and Hong Kong.
    • Reports of frozen funds, though inconsistent.

    MEXC Global for Different User Types

    • Beginners: Demo trading and quick registration suit new users.
    • Traders: High leverage and copy trading appeal to active traders.
    • Investors: Launchpad and staking offer passive income.
    • Meme Coin Fans: Memecoin Zone caters to viral token traders.
    • Developers: API access supports automated trading.

    Final Thoughts + Useful Resources

    Is MEXC Global the Right Choice?

    MEXC Global is ideal for a user seeking a vast coin selection, low fees, and early access to new tokens. Its MEXC DEX+ and high-leverage futures enhance trading flexibility, but regulatory restrictions and occasional fund access issues may concern some. Compared to Perpetual Protocol, MEXC offers broader asset support but lacks a non-custodial model.

    What to Explore Next

    Users can:

    • Try demo trading with 50,000 USDT.
    • Stake MX for airdrops.
    • Trade trending meme coins in the Memecoin Zone.

    Useful Resources

    • Official Website: mexc.com for platform access and updates.
    • X Account: Follow @MEXC_Official for listings and news.
    • Help Center: mexc.com/support for guides.

    FAQs

    1. What is MEXC Global’s memecoin zone?

    The Memecoin Zone on MEXC Global highlights trending, community-driven meme coins. A user accesses it via the “Markets” tab on mexc.com to trade these tokens with high liquidity and low fees.

    2. How does a user benefit from MEXC Global’s Demo Trading feature?

    MEXC Global’s Demo Trading provides a user with 50,000 USDT in a virtual account to practice trading risk-free. Found under the “Trade” section, it helps a user test strategies and learn the platform without financial loss.

    3. Can a user participate in MEXC Global’s Launchpad program?

    Yes, a user joins the Launchpad by staking MX tokens to gain early access to new token airdrops. Available through the “Earn” tab, this feature allows a user to invest in promising projects before public listing.

    4. What role does the MX token play for a user on MEXC Global?

    The MX token grants a user trading fee discounts, eligibility for Launchpad and Kickstarter rewards, and staking benefits with up to 62% APY. By holding MX, a user enhances their trading and earning potential.

    5. How does MEXC Global’s Copy Trading feature assist a user?

    Copy Trading enables a user to replicate the trades of expert traders automatically, accessible via the “Futures” section. This feature supports beginners by leveraging professional strategies to optimize returns with minimal effort.