Navigating the crypto world starts with choosing the right exchange. MEXC Exchange, known for its wide selection of tokens and user-friendly interface, is a top choice.
This guide will walk you through what MEXC is, how to register, secure your account, deposit, withdraw, and trade effectively on the platform.
What is MEXC Exchange?
Founded in April 2018, MEXC (formerly MXC) is a centralized cryptocurrency exchange launched by finance and blockchain experts from Wall Street, Japan, and Europe. Headquartered in Singapore, it has grown to serve users globally with support in multiple languages.
Key Features of MEXC
MEXC offers several features that make it a favorite among traders:
- Extensive Coin Support: Offers a wide range of cryptocurrencies and new token listings.
- Advanced Security: Features like two-factor authentication (2FA), multi-signature wallets, and encryption.
- High Withdrawal Limits: Users can withdraw up to 5 BTC per day without KYC.
- No Mandatory KYC: Still allows trading and withdrawals without full identity verification.
- Mobile & Web Compatibility: Fully optimized apps for Android, iOS, and all web browsers.
- Attractive Referral Program: Up to 80% commission on referrals.
In addition, MEXC’s global team offers multilingual customer support for users worldwide.
How to Register on MEXC
Step-by-Step Registration Process
Visit the official MEXC website.
Click “Sign Up” and fill in your email or phone number. Agree to the terms and click “Register.”
After registering, you’ll be asked to verify your email or phone with a code.
Securing Your MEXC Account
Activate 2FA and Set Up Authenticator
- Go to “Account Settings” > “Security.”
- Bind your Google Authenticator or phone number.
Moreover, enabling security measures ensures maximum protection for your assets.
Understanding KYC on MEXC
MEXC allows trading without KYC. However, completing KYC increases your withdrawal limits significantly.
KYC Levels:
- Primary KYC: Upload government-issued ID and complete basic identity verification.
- Advanced KYC: Additional documents and facial verification.
How to Deposit Crypto on MEXC
Steps to Deposit
Go to “Assets” > “Spot” > “Deposit.”
Choose the crypto and network (e.g., USDT on TRC20).
Generate and copy your deposit address.
Transfer from your external wallet to this address.
How to Withdraw from MEXC
- Navigate to “Assets” > “Withdraw.”
- Select the coin and network.
- Enter the destination address and amount.
- Complete OTP verification and submit.
Withdrawal processing is typically fast and supports many blockchain networks.
How to Trade on MEXC
Understanding the Trading Interface
The trading dashboard is divided into:
- Token Pair Selection: Choose tokens from the list.
- Order Placement: Buy/sell using limit or market orders.
- Order Book & Trade History: Monitor market activity in real-time.
Example: How to Buy ETH
- Go to “Trade” > “Spot.”
- Search for ETH/USDT pair.
- Enter the amount and review the cost.
- Click “Buy ETH.”
Example: How to Sell ETH
- Repeat the steps above.
- Choose “Sell” instead of “Buy.”
- Confirm and execute the sale.
Fees on MEXC
- Trading Fee: Fixed at 0.2% per transaction.
- Deposit Fees: Free.
- Withdrawal Fees: Dynamic based on blockchain network; check on MEXC’s official fee page.
Pro tip: Stick to popular networks like TRC20 or BEP20 for lower fees.
Why Choose MEXC?
- Beginner Friendly: Simple interface with helpful guides.
- High Liquidity: Strong volume ensures fast order execution.
- Trusted Globally: Regulated in Switzerland, Canada, Australia, and the U.S.
- Growing Ecosystem: Active community, new token listings, and competitive promotions.
Final Thoughts
Whether you’re new to crypto or a seasoned trader, MEXC offers a reliable and flexible trading experience. Its wide asset coverage, high withdrawal limits, and strong security measures make it a platform worth considering.
This guide should get you started with confidence.
