Is It Protected & Legit in 2026?

MEXC change is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency change 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 step by step turn into top-of-the-line crypto buying and selling platforms as a result of its big selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the most important crypto pool within the trade, MEXC has excessive each day buying and selling quantity, which interprets to excessive liquidity.

The change 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 protected and safe to purchase and promote crypto on MEXC, the brief reply is YES. Nevertheless, it is very important be taught extra about how the platform works earlier than leaping in.

Subsequently, on this MEXC evaluation, we’ll offer you the solutions for what’s MEXC? What are its execs and cons? What are the buying and selling charges on MEXC? What are the very best options on MEXC?, and methods to open a brand new account on MEXC crypto change. Let’s dive in!

MEXC Evaluate: What’s It?

MEXC is a high centralized cryptocurrency change the place customers can simply purchase, promote, and commerce digital belongings. Whereas MEXC prides itself for mega transaction matching expertise, many customers desire it due to its extremely low charges and no necessary Know Your Buyer (KYC) verification necessities, in contrast to 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 newcomers. Here’s a nearer have a look at MEXC world change and the way it stands out amongst different platforms.

What’s the Professionals of MEXC?

As a well-known crypto change, MEXC is standing out by offering many perks to their customers, the professionals of MEXC change are:

• Largest Collections of Altcoins: MEXC is common for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital belongings than another change within the crypto trade (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 electronic mail or a cellphone quantity to register and entry MEXC buying and selling providers.
• Elective KYC: When you add the verification code despatched to your electronic 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 all the time 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 take advantage of their investments by copying the buying and selling methods of skilled merchants. You get entry to essential particulars concerning the dealer, together with their observe document, return on investments, and wins. In case you like several merchants’ observe information, you’ll be able to merely click on “Copy Commerce,” and orders shall be mechanically 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. While you join demo buying and selling, you’ll obtain a $50,000 check account that offers you a easy, risk-free solution to strive futures buying and selling and different buying and selling choices on MEXC Change.
• Incomes Choices: Customers can stake their belongings via Financial savings, Easy Earn, and New Token Mining with mounted and versatile phrases in change for rewards. That is particularly essential for customers trying to develop belongings with minimal each day buying and selling on the spots or futures markets.

With Financial savings, you’re going to get each day curiosity payouts between 0.08% – 20% annual proportion yield (APY). On the flip facet, you can even 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 change shouldn’t be regulated in lots of international locations 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 change is providing monetary providers with out the mandatory licenses.
• Complaints About Locking Person Funds: MEXC has been dealing with backlash for claims of locking consumer funds although the expertise shouldn’t be constant throughout a number of customers. A MEXC evaluation on Trustpilot stated, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere obtained banned with no causes and clarification. One other consumer stated, “They’ve despatched me an E mail to withdraw your belongings inside a brief time frame, however my belongings are frozen (can’t promote and change 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: Because of its giant coin choices and lots of different options, buying and selling on MEXC may be a bit of difficult for newcomers. Nevertheless, the platform gives instructional sources and a easy in-app information to assist new customers.

What Are the Greatest Options of MEXC

One of the best 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 impression your expertise on the change:

1. MEXC Launchpad & Kickstarter

It may be difficult to find and spend money on promising Blockchain tasks earlier than they hit the mainstream. The MEXC world change affords two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.

They’re designed to assist customers uncover and spend money on promising blockchain tasks whereas offering incentives reminiscent of airdrops and rewards to encourage members.

For the MEXC Launchpad, the change makes use of a rigorous choice course of to make sure that solely tasks that meet strict standards are featured. This contains evaluating the undertaking’s workforce, market demand, and potential.

Customers can earn free token airdrops by holding MX tokens. As an example, should you maintain no less than 2,000 MX tokens, you’ll be able to take part in airdrop occasions and make big returns when tasks 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 primarily based on the proportion of tokens dedicated.

However, the Kickstarter occasion is one other initiative by MEXC platform that goals to help new tasks throughout their pre-launch part. You and different customers can take part by voting in your favourite Blockchain tasks. 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 may be dedicated through 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, you will need to watch the occasion typically. As an example, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency change.

Members earned rewards via a fortunate draw primarily based on their buying and selling volumes throughout specified durations. This threshold varies by occasion; as an illustration, it might be set at 40,000 USDT or extra.

The upper the transaction quantity, the extra tickets a consumer can declare for the draw. Right here’s how one can qualify to take part;

• You should 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 primarily based in your buying and selling exercise.
• After the occasion concludes, MEXC will announce the outcomes and distribute rewards.

Taking part 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 shall 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 much like different exchanges. You should buy and promote crypto simply and benefit from MEXC’s excessive liquidity. Because of a excessive buying and selling quantity, your orders shall be fulfilled rapidly, and you will get good charges when making trades. 

Moreover, the platform has a sophisticated 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 mechanically replicate the buying and selling methods of skilled merchants in futures markets. You possibly can choose energetic merchants primarily based on their observe document and efficiency metrics, reminiscent of 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 observe skilled merchants to start out copying their buying and selling methods. All orders are positioned mechanically while you determine to observe a dealer, and no further 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 change 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 incessantly 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 examine 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 further 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 will not be one-way advantages; referrals additionally qualify for rewards, reminiscent of a $20 join bonus, and entry to high trade occasions. So, should you’d fairly open an account and commerce each day with out being an affiliate, use the promo 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, putting it above Binance and different exchanges when it comes to low charges. Under 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 just a few methods to scale 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. 
• Fashionable buying and selling pairs: Some common buying and selling pairs, reminiscent of XRP/USDT and XRP/USDC, have a 0% spot transaction charge. 

Moreover, MEXC Change affords 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 presently has the bottom futures buying and selling prices out there in the intervening time. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional cut back the buying and selling charges, you’ll be able to maintain MX place above 500 during the last 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 while 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 fluctuate relying on the cryptocurrency you’re withdrawing with some going without cost. As an example, 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. It is very important observe that MEXC withdrawal charges change time beyond regulation and are charged in accordance with the present community situations. Please all the time examine probably the most up to date MEXC charge listed on every withdrawal web page.

Find out how 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: 

1. Go to the MEXC homepage, or obtain the app, and click on “Signal Up”
2. Fill out your electronic mail or cellphone quantity within the registration kind and click on Signal Up.
3. Confirm your electronic mail or cellphone quantity with a 6-digit code or the hyperlink despatched to your electronic mail and you’re in.
4. You may also log in to MEXC Change utilizing a third-party account, like Google, Apple, MetaMask Pockets, or Telegram.

You solely want an electronic mail to open a MEXC account. As soon as your account is ready up, you should purchase 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:

1. Select the [Deposit] tab, choose the fiat foreign money to pay with (EUR, USD, JPY, and many others), and choose the crypto you want to obtain.
2. Then, enter the quantity you wish to pay or the quantity you want to obtain.
3. Click on [Buy USDT or the crypto you selected] and choose an appropriate fee methodology.
4. Upon fee affirmation, the crypto you acquire shall be deposited into your MEXC account mechanically.

Observe these steps to promote your crypto: 

1. On the identical web page, select the [Sell] tab, and choose the crypto you wish to promote and the fiat foreign money you want to obtain. 
2. Then, enter the quantity of crypto you wish to promote or the quantity of fiat you want to obtain.
3. Click on [Sell USDT] and choose a fee methodology for the customer to make the fee within the chosen receiving cryptocurrency.
4. As soon as your order has been processed, the customer will make the fee within the chosen receiving cryptocurrency through the fee methodology you chose.

Not like 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 degree (200 BTC each day withdrawal restrict), you should full KYC utilizing these steps:

1. Go to your account and click on in your profile icon. You will note “Identification verification” on the high proper nook of the web page.
2. Click on on it and choose the kind of verification you wish to full (major or superior).
3. Select your nation or area and the kind of government-issued ID you’ll use. Then observe MEXC directions to finish the facial recognition verification.
4. MEXC Change will evaluation your paperwork and ship you an electronic mail as soon as the method is full. 

What Are the MEXC Supported Nations?

MEXC is on the market in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 international locations. This makes it probably the most accessible crypto exchanges on this planet.

What Are the MEXC Restricted Nations?

MEXC Change shouldn’t be accessible all over the place. It’s not accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, the USA, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).

Because of authorized and regulatory restrictions, you can’t open an account or commerce on MEXC Change in case you are situated in certainly 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 keep in mind that MEXC reserves the best to take quick motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, should you determine to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.

What Are the Greatest Alternate options for MEXC?

One of the best alternate options to MEXC are Bybit, KuCoin, Binance, and BingX. These greatest crypto exchanges supply a big collection of crypto like MEXC, they’ve aggressive charges, and supply a number of options to present customers a clean buying and selling expertise.

Whereas a few of these alternate options, together with Binance and Bybit, require KYC verification, it’s non-obligatory on BingX. However earlier than you determine on an change to discover, the highest MEXC alternate options are summarized within the comparability desk beneath that will help you make knowledgeable choices.

By way of cryptocurrency choice, consumer safety, and options, the very best MEXC alternate options are Binance and Bybit. The 2 platforms supply numerous buying and selling pairs, hundreds of crypto, and aggressive buying and selling charges, however they require KYC. In addition they present numerous options, together with Buying and selling bots, staking, saving, NFT market, and extra. In case you want to grasp extra about these alternate options, take a look at our detailed Binance evaluation for extra info.

Nevertheless, when speaking about ‘no necessary’ 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 moreover the non-obligatory KYC, these exchanges additionally help a number of Altcoins.

Since this information is on MEXC evaluation, we solely supplied a quick overview of every of those exchanges options. So, do your individual analysis to find out which platform is the very best crypto buying and selling different for MEXC world change.

How Many Cryptocurrencies Are Obtainable on MEXC?

MEXC affords buying and selling for over 2,700 cryptocurrencies, which is extra crypto help than nearly all of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is among the main causes MEXC is common within the crypto house.

Is MEXC Protected and Legit to Purchase and Promote Crypto?

Sure, MEXC is protected and legit to purchase and promote crypto. The platform has been working since 2018 and has by no means been hacked or misplaced consumer funds. They safe consumer funds utilizing strong safety features like chilly pockets storage, multi-sig authorizations, and superior encryption.

Nonetheless, there have been complaints about MEXC locking consumer funds and delisting tokens with out warning. A consumer claimed that “They banned the account and my workforce members’ account additionally. We now have 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 many others(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. In addition they launched a press release when one other consumer allegedly misplaced over $92k as a result of account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;

“Relating to the account restrictions and points associated to futures buying and selling/belongings that you’ve got raised, our danger 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 taken measures to get well the losses incurred.”

One other potential concern might be that MEXC is unregulated in most jurisdictions, together with the USA, North Korea, Mainland China, and Canada. Nonetheless, this case is not any totally different than different high exchanges within the house dealing with regulatory challenges in related areas like Binance and Bybit.

However in case you are nonetheless involved concerning 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), tackle 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 consumer 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 improve 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 contains further options like OTC buying and selling.

Is MEXC Change Banned In India?

Sure, MEXC Change is presently restricted in India. In late 2023, it was flagged by the Monetary Intelligence Unit (FIU) for non-compliance with anti-money laundering legal guidelines. Nevertheless, Indian customers can nonetheless attain the change through mexc.co.