Overview
MEXC stands as a leading cryptocurrency exchange, earning a TU Overall Score of 9.1/10. With its proprietary platform and diverse trading features, MEXC caters to both active traders and passive investors.
Key Highlights
- 120+ cryptocurrencies for trading.
- Staking and holding options for passive income.
- Affiliate program offering up to 80% of referred traders’ deposits.
👉 Explore MEXC’s trading platform
Trading Features
| Feature | Details |
|---|---|
| Platform | Proprietary terminal |
| Leverage | Up to 1:10 (select pairs) |
| Minimum Deposit | $1 USD/USDT or 0.0001 BTC |
| Commission | Spot: 0%-0.05%; Futures: 0%-0.02% |
| Instruments | 2,276 coins, futures, perpetual contracts, NFTs |
Advantages
- Cold wallet storage for enhanced security.
- No history of successful hacks.
- 2FA authentication.
Disadvantages
- Withdrawal fees (e.g., 0.0005 BTC for Bitcoin).
- No fiat currency support.
- Mandatory KYC verification.
Regulation and Safety
MEXC scores 5.25/10 for regulation, operating without government oversight but employing robust security measures like cold storage and 2FA.
Comparison with Competitors
| Security Feature | MEXC | OKX | Kraken |
|---|---|---|---|
| Tier-1 Regulation | No | No | Yes |
| Cold Wallet Storage | Yes | Yes | Yes |
| 2FA | Yes | Yes | Yes |
FAQ:
- Is MEXC regulated? No, but it adheres to industry security standards.
- Is KYC mandatory? Yes, for full platform access.
Fees and Commissions
MEXC’s fee structure is competitive, scoring 8.45/10:
| Fee Type | MEXC | Industry Avg |
|---|---|---|
| Spot (Taker) | 0.05% | 0.194% |
| Futures (Taker) | 0.02% | 0.053% |
Deposit/Withdrawal:
- Deposit fee: 0%.
- Withdrawal fee: 0.0003 BTC.
Supported Coins and Markets
MEXC supports 2,276 coins, including futures, NFTs, and copy trading.
| Asset Class | Availability |
|---|---|
| Crypto Futures | Yes |
| NFTs | Yes |
| Copy Trading | Yes |
👉 Discover MEXC’s coin diversity
Mobile and Desktop Experience
- Mobile App Rating: 4.7/5 (Android).
- Desktop App: Full-featured with TradingView integration.
Tools:
- Automated trading bots.
- Advanced charting.
Final Verdict
MEXC excels in cryptocurrency diversity and low fees but lacks fiat support and regulatory oversight. Ideal for crypto-focused traders seeking a robust platform.
Risk Warning: Cryptocurrency trading involves high risk. Capital is at risk.
FAQ
- Can I trade fiat currencies on MEXC?
No, MEXC supports crypto-to-crypto pairs only. - What leverage does MEXC offer?
Up to 1:10 on select pairs. - Are there passive income options?
Yes, via staking and yield farming. - Is MEXC available in the U.S.?
Yes, but state-specific restrictions may apply. - Does MEXC charge deposit fees?
No deposit fees for cryptocurrencies.