Mexc

Item: MEXC
Rating: 4
Author: Teagle

Trading without KYC

Stop-loss orders

Tiered fees

Asset custody on the exchange

+9More

Teagle Score

Teagle user score

(4)

Founded2018

Head officeSeychelles

Trading fees0.02% to 0.05%

Trading marketsSpot market, futures market

Number of cryptocurrencies2779+ spot pairs, 824+ futures

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Introducing the MEXC Exchange

MEXC is an international cryptocurrency trading platform that began its journey in 2018. Today, with more than 40 million users worldwide and a presence in 170+ countries, this exchange has become one of the major players in the crypto industry.

With the slogan «the easiest way into the world of digital currencies», MEXC offers traders a smooth and secure experience, and with more than 2779 trading pairs in the spot market and 824 futures contracts, it provides a wide range of options for every type of trader.

One of MEXC's strengths is how quickly it lists new tokens, making emerging projects available to users much earlier than other exchanges. In addition, with an ultra-fast trading engine capable of processing 1.4 million transactions per second, MEXC is considered one of the fastest exchanges in the world.

Teagle risk warning for Mexc

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Mexc exchange ranking: MEXC trading volume and rank

Check Credibility and Security

MEXC exchange security tools

The MEXC exchange (MEXC) is one of the leading platforms in the cryptocurrency market, known for its very wide range of listed coins and how quickly it lists new tokens. In terms of security, by providing Proof of Reserves (Proof of Reserves), which according to DefiLlama and CoinGecko data covers more than 100 percent of user assets, the exchange has shown an acceptable level of financial transparency. However, its reputation among users (according to the Trustpilotwebsite) has drawn some criticism due to challenges in customer support and certain account restrictions. Overall, with billions in daily trading volume and a single-digit ranking in CoinGecko's trust score, MEXC is one of the popular options for altcoin traders, although care with personal security practices and identity verification is always recommended.

Cryptocurrencies on the MEXC Mexc exchange

The MEXC exchange offers more than 2,779 spot trading pairs and 824 futures pairs, giving traders access to a wide range of cryptocurrencies, including Bitcoin, Ethereum, Solana, Dogecoin and hundreds of other tokens.

Newest coins

IRYS
GAIX
KO
BIT
DEFAI
BLE

Deposit, withdrawal costs and fees on the MEXC exchange

Deposit and withdrawal terms at MEXC

You can buy crypto via P2P or deposit your coins directly into your MEXC wallet.

Toman deposits (Via P2P): Toman deposits on MEXC are not direct. You have to use the P2P market and buy crypto by paying Toman to sellers. Depositing this way is free, but the withdrawal fee will vary depending on the seller.

Crypto deposits and withdrawals: To deposit crypto, you only pay the blockchain network fee, and MEXC charges no fee of its own. Withdrawal fees vary depending on the coin and the network you choose.

Trading fees on MEXC

MEXC charges a 0% maker fee and a 0.05% taker fee on the spot market. On the futures market, the maker fee is also 0% and the taker fee is just 0.02%, with the difference that you can use leverage of up to 500x. If you hold MX tokens, you get a discount on both markets: 20% for fewer than 500 tokens and 50% for more than 500 tokens. The instant trading section is also completely free, and you can convert between coins with no fee.

Token discount MX: Holding MX tokens in your account comes with significant benefits. With fewer than 500 tokens, you get a 20% discount on spot and futures fees, and by holding more than 500 tokens, this discount rises to 50%.

MEXC exchange services

Review of features and services

Kickstarter: a platform for receiving new tokens for free by holding MX, which in 2024 ran more than 1886 airdrop events and distributed 107.08 million USDT.
Launchpool: staking tokens to earn rewards from new projects, with returns of up to 1000% for some projects
Copy Trading: automatically copy the trades of professional traders, with more than 50,000 active users and 2 million successful trades
Demo Trading: risk-free practice trading with virtual money and a full simulation of the real market for learning
+DEX: access to a decentralized exchange for trading new tokens without KYC, with support for multiple blockchains and direct trading from your wallet.
Earn: flexible and fixed savings products with returns of up to 600% APR on more than 100 different assets.
Loan: loans of up to 90 days with interest rates from 4%, without having to sell your assets.
$100 million insurance fund: protects users' assets against potential platform problems and extreme market volatility.
Special events and prizes: regular draws including gold bars, Bitcoin and cash prizes, and ultimately prize pools of up to $10 million.

Sign-up reward: a special welcome bonus for new users of up to 10,000 USDT.

MEXC exchange restrictions for Iranians

Full restriction for Iran: Iranian users are officially not allowed to use the MEXC exchange, and Iran is on this platform's list of restricted countries.
Withdrawal limit without KYC: Users without identity verification can withdraw only 10 Bitcoin per day.
P2P restriction without identity verification: To use fiat P2P trading, you must complete at least KYC Level 1.
Restriction on joining events without KYC: Without identity verification, you cannot take part in many airdrops and reward events.
KYC Level 1 withdrawal limit: With basic identity verification, up to 80 BTC per day can be withdrawn.
KYC Level 2 withdrawal limit: With full identity verification, you can withdraw up to 200 BTC per day.
Fiat trading limit: Fiat trading has a daily limit of $20,000 for KYC Level 2 users.

Variable leverage limit: Maximum leverage varies by token; up to 500x for BTC and ETH, and usually 20x to 100x for altcoins.

MEXC exchange app and platform downloads

What is the user experience of the MEXC exchange app like?

Simple and smooth user interface
Fast (one-click) trading
Advanced TradingView charts
Real-time price alerts
Biometric authentication (fingerprint/Face ID)
Dark/light mode
Multilingual support (15+ languages, including Persian)
Home screen price widget

Expert review: Is the MEXC exchange suitable for Iranian traders?

MEXC exchange headquarters details

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