MEXC Global is a high-performance cryptocurrency exchange renowned for its lightning-fast transaction processing (1.4 million trades per second) and extensive altcoin offerings. With over 2,700 supported cryptocurrencies and 3,000+ trading pairs, MEXC caters to both novice and advanced traders seeking diverse investment opportunities.
Key Features of MEXC Exchange
1. Low Fees & High Liquidity
- Trading Fees: 0.1% for makers/takers (reducible to 0% via MX token holdings).
- Liquidity: Top-tier liquidity due to high daily trading volume.
2. No Mandatory KYC
- Withdraw up to 10 BTC daily without verification (200 BTC limit with Advanced KYC).
3. Unique Trading Tools
- Copy Trading: Mirror strategies of expert traders.
- Demo Trading: Practice with a $50,000 virtual account.
- Launchpad & Kickstarter: Early access to new tokens and airdrops.
4. Security Measures
- Cold storage, 2FA, address whitelisting, and regular audits.
Pros and Cons of MEXC
| Pros | Cons |
|---|---|
| ✅ Largest altcoin selection (2,700+ cryptos) | ❌ Unregulated in many jurisdictions |
| ✅ Optional KYC verification | ❌ Complaints about frozen funds |
| ✅ Low trading fees (as low as 0%) | ❌ Steep learning curve for beginners |
| ✅ Futures demo trading | ❌ Restricted in the US, Canada, and others |
👉 Discover how MEXC compares to Binance
Trading Fees Breakdown
| Service | Fee Structure |
|---|---|
| Spot Trading | 0.1% (0% for select pairs like XRP/USDT) |
| Futures Trading | 0% maker / 0.01% taker |
| Withdrawals | Variable (e.g., 0.00003 BTC for Bitcoin) |
Tip: Hold 500+ MX tokens for 50% fee discounts.
How to Open a MEXC Account (2025 Guide)
- Sign Up: Email/phone verification (1-minute process).
- Deposit Funds: No fees for crypto deposits.
- Start Trading: Buy/sell instantly without KYC.
Restricted Countries: USA, Canada, UK, China, and others. VPN usage risks account termination.
MEXC Alternatives Comparison
| Exchange | Crypto Offerings | KYC Required | Fees |
|---|---|---|---|
| Bybit | 1,000+ | Yes | 0.1% spot |
| Binance | 500+ | Yes | 0.1% spot |
| KuCoin | 700+ | Tiered | 0.1% base |
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FAQs
Is MEXC safe in 2025?
Yes, with robust security protocols, though some users report fund-freezing issues.
What’s the withdrawal limit without KYC?
10 BTC daily (200 BTC with Advanced KYC).
Can I use MEXC in India?
Officially banned, but accessible via mexc.co (use caution).
How to reduce trading fees?
Hold MX tokens for up to 50% discounts.
Final Verdict: MEXC excels in altcoin diversity and low fees but faces regulatory challenges. Ideal for experienced traders prioritizing asset variety over institutional oversight. For regulated alternatives, consider Bybit or Binance.