Since its launch in 2018, the MEXC exchange has turned from a niche service into a global crypto exchange that welcomes users worldwide and lists more than 4 200 digital assets. The platform supports spot and futures trading, copy trading, leveraged ETF products, and flexible savings that let holders earn passive income on idle coins. Traders can move funds via bank transfers, third party services, or crypto rails, although deposit methods and withdrawal fees vary depending on location and payment partner.
Deep liquidity across hundreds of trading pairs keeps spreads tight for active trading desks, while new projects receive early access to a large order book through the Memecoin Zone and Kickstarter listings. Security rests on two factor authentication, hot and cold wallet segregation, a proof‑of‑reserve page that tracks user funds in real time, and pre approved addresses that protect user assets from phishing. Support is available in multiple languages through live chat and ticket channels, with further assistance offered by a dedicated VIP desk for advanced traders.
Overall, this mexc review finds a user friendly platform that packs a wide range of trading options into a single interface.
Highlights We Enjoyed
MEXC mixes advanced trading tools with a layout that even newcomers can read at first glance.
- Advanced trading options that cover spot, futures contracts, and copy trading
- Demo trading playground that lets beginners practise risk‑free
- Very low fees on most trading pairs and products
- Availability for users worldwide in multiple languages
- A lively Memecoin Zone for early access to emerging projects
MEXC mixes advanced trading tools with a layout that even newcomers can read at first glance. The order book, depth chart, and technical indicators all sit on one screen, so experienced traders never miss a tick, yet a compact mode hides the extra widgets for beginners. Copy trading shows the latest ROI of successful traders and lets followers mirror positions with a single click after they complete mexc kyc. Futures demo trading supplies risk control lessons in real market conditions without touching real balances.
The exchange offers more than one hundred futures contracts across coins, index products, and inverse swaps, giving room for a wide range of trading strategies. A transparent fee structure grants maker fees of zero on spot markets and lowers taker fees when holders keep at least 500 mx tokens. Liquidity pools and flexible savings add passive income paths beyond pure trading, while MEXC supports multiple languages so users feel at home even on their first visit.
What We Didn’t Like
Here are some downsides to look at:
- Limited fiat deposits and even tighter fiat withdrawals
- No in‑house NFT marketplace
Fiat ramps rely heavily on EUR SEPA transfers or card channels for USD, GBP, and EUR, so traders who need instant cash outs may withdraw funds to another cryptocurrency exchange first. Collectors who want to flip art will also notice the lack of an nft marketplace, pushing that activity to external platforms.
Pros
- Spot and futures trading dashboards with deep liquidity
- Copy trading community driven by successful traders
- Transparent fee structure with zero maker fees on spot orders
- Strong security measures such as two factor authentication and pre approved addresses
- Extra features such as flexible savings, passive income products, and liquidity pools
Cons
- Fiat on‑ramp and off‑ramp rely on third party services or bank transfers in a handful of fiat currencies
- No support for NFTs, so collectors must look elsewhere
Inside the MEXC Platform
MEXC stands as a crypto exchange designed to cover every stage of a trader journey. The order book hosts more than four thousand trading pairs, giving access to mainstream coins, emerging projects, and niche tokens that rarely appear on large venues. The matching engine handles high trading activity even during volatile swings, keeping spreads tight for users worldwide. Clients can switch between spot trading, perpetual futures, leveraged ETF products, and copy trading without leaving the same dashboard, while a simple toggle enables demo trading for newcomers who want to test trading strategies before risking real capital.
Flexible savings, liquidity pools, and staking bring passive income options to long‑term holders. The platform presents quotations in over fifteen fiat currencies, and the website loads in multiple languages, which helps first‑time visitors move through the verification process quickly. Security measures include two factor authentication, cold wallet storage, off‑site backups, and a futures insurance fund that covers abnormal liquidation events, reinforcing confidence in the protection of user assets.
MEXC Review: Strong Sides
The exchange shines in several key areas. Maker fees on spot markets sit at zero, while taker fees on futures contracts start at a slim 0.02 percent and fall by half when a trader holds 500 MX tokens. Deep liquidity supplied by market makers and retail flow keeps order execution smooth even at size. Built‑in TradingView charts, technical indicators, and risk control tools help advanced traders fine‑tune positions, but a one‑click basic view hides complex widgets for beginners.
Market Modes Spot and Contracts
MEXC exchange keeps spot trading and derivatives under one roof so traders can flip between instant settlement and leveraged bets without loading a new page. On the spot side you can access more than 1 100 trading pairs drawn from the pool of 4 200 digital assets. Orders clear at once, full ownership moves to your wallet, and maker fees sit at zero while taker fees run at 0.05 percent. Classic pairs such as BTC USDT show an average book depth above 30 million USDT and spreads that often stay below 0.01 percent during peak trading hours, giving day‑traders the deep liquidity needed for tight entries.
Switch to the contracts tab and you reach a menu of roughly 140 perpetual and dated futures contracts. Leverage ranges from 1x up to 200x with both isolated and cross margin choices, letting traders pick a risk profile that matches their balance. Funding payments settle every eight hours, and a public statistics panel lists the current rate plus the prior three intervals so you can gauge carry cost before opening a position. The mark price feeds on MEXC pull from several external indexes, which helps guard against sudden wicks and supports fair liquidations.
Both modes share the same TradingView chart, giving access to more than 80 technical indicators together with tools for drawing trend lines, Fibonacci levels, and custom alerts. Order types include market, limit, post‑only, iceberg, and trigger orders that fire when price crosses a chosen level. Hotkeys speed up ticket entry for experienced traders who rely on split‑second reactions, while newcomers can enable a compact layout that hides advanced trading tools until they are needed.
All trades route through an engine capable of handling 1.4 million transactions each second, and the risk control module watches margin ratios in real time. When conditions grow volatile, an insurance fund steps in to cover failed liquidations, keeping user funds secure even during rapid swings. The result is a unified interface where both casual and professional accounts can test trading strategies across spot and futures without leaving the same screen.
Practice‑Only Futures Arena
MEXC’s practice arena duplicates the full futures engine but replaces real balances with 10 000 USDT in virtual credits assigned to every new demo wallet. Pricing, order types, and liquidation rules match the live order book down to the funding timer that clicks every eight hours, so traders can rehearse futures contracts under true market conditions. Up to 120 perpetual pairs are available, each with leverage from 1× to 200×; margin ratios, mark prices, and risk control alerts fire exactly as they do on mainnet.
The sandbox is popular—internal stats published in May 2025 show roughly 58 000 unique demo accounts active each month, generating an average of 1.6 million virtual trades. Because the system prompts mirror production, newcomers learn how trading tools react when volatility spikes, while experienced traders trial fresh trading strategies without touching user funds. The platform records PNL, maximum drawdown, and win rate over multiple periods, making it simple to track progress and refine approach.
A reset button lets participants wipe the play balance and start again, handy after aggressive tests that blow through margin. Demo accounts also gain access to the same technical indicators, copy trading leaderboard, and stop‑loss / take‑profit controls found in live mode, so skills carry straight across once real capital is deposited. By removing financial risk yet keeping every other element intact, the practice arena offers a safe path for mastering futures trading before stepping onto the live floor.
Copy Trading Function Built In
Copy trading at MEXC grew fast during 2024 and now sits among the most active social features on the crypto exchange. Internal statistics published in Q2 2025 show more than 4 800 signal providers broadcasting ideas to over 310 000 follower accounts. Anyone who finishes the verification process can join the board, pick a leader, and mirror every order across spot and perpetual pairs all from the same user friendly platform. A single click links portfolios, and trades then post to the follower wallet within two hundred milliseconds, which keeps slippage low even during heavy trading activity.
Each leader profile lists real‑time metrics such as win rate, seven‑day and ninety‑day PNL, maximum drawdown, and trade frequency. Style tags help newcomers filter by approach, for example long term swing, high frequency scalp, or balanced grid. This extra context matters because trading strategies that suit advanced traders do not always line up with a beginner’s risk tolerance. Followers can set a fixed margin per position or select a percentage of available balance, and they can adjust leverage independently in case their own risk control plan differs from the leader’s choice.
MEXC pays successful traders ten percent of the net profit their followers generate. Because one leader can attract up to 1 000 followers, monthly passive income can become significant for those able to post steady returns. From the follower side, low trading fees on the core board stay in place, so the transparent fee structure remains intact even when orders are triggered automatically. The exchange also keeps a dedicated insurance pool that steps in if extreme volatility hits liquidation engines, which adds another layer of safety for user funds.
Copy desk accounts integrate fully with demo trading. New users can link to a popular leader inside the sandbox first, gaining hands‑on experience with advanced trading tools before risking real capital. Once comfortable, they switch to live balances and keep the same settings, creating a smooth path from practice to production without losing momentum.
Wallet‑Friendly Fee Schedule
MEXC keeps trading fees so lean that even high‑frequency desks pay attention. Spot markets charge 0 % maker and 0.05 % taker—half the industry average of 0.10 % quoted by CoinGecko’s May 2025 exchange survey. Futures contracts go lower: maker remains free, while taker starts at 0.02 %. Hold at least 500 MX tokens and the futures taker side falls to 0.01 %, placing MEXC among the three cheapest global venues for perpetuals this year.
Fee tiers climb with volume. Crossing the 1‑million‑USDT notional mark in thirty days unlocks VIP 1 status and trims spot taker to 0.045 %; VIP 6 drops it to 0.03 % once monthly turnover reaches 200 million USDT. Futures tiers follow the same path, so active trading receives an automatic markdown without filing paperwork.
Withdrawals vary depending on network congestion: in June 2025, BTC averaged 0.00035 BTC, ETH sat near 0.0012 ETH, and USDT on TRON cost a flat 1 USDT. The exchange posts live estimates beside every asset so traders know the charge before pressing send. Combined with a transparent fee structure and zero hidden spreads, these low trading fees help more gains stay inside the user wallet rather than leaking to the platform.
Worldwide Footprint
With trading servers in Asia, Europe and a fresh cluster in South America, MEXC accepts sign‑ups from residents of more than one hundred seventy territories. During Q2 2025 public volume trackers logged an average 1.8 billion USDT of daily turnover, placing the venue in the global top ten for liquidity. Desktop and mobile layouts ship in twenty‑four languages, so users worldwide can flip menus, deposit pages and advanced trading tools into a familiar script in seconds.
Cross‑border fiat rails keep widening. SEPA transfers serve the euro zone, Faster Payments covers the United Kingdom, while new links to PIX in Brazil and UPI in India open easy on‑ramps for two fast‑growing markets. Card payments in USD, EUR and GBP clear in under ten minutes. Where local rails are missing, a peer‑to‑peer board lists more than six hundred eighty fiat currencies, giving traders a route to move cash without shifting to another site.
Such reach feeds liquidity depth. In the final week of June the BTC USDT spot book showed thirty‑two million dollars inside one percent of mid‑price, and perpetual open interest topped three hundred million. That depth helps active desks execute large orders with minimal slippage at almost any hour.
Security Stack
MEXC follows a full reserve pledge verified by monthly Merkle proofs that match customer balances with on‑chain wallets. About ninety‑two percent of coins rest in offline multi‑signature vaults, while the hot slice handles real‑time withdrawals and market‑maker inventory. Two‑factor authentication is compulsory for every login and withdrawal request, and clients can lock accounts to pre‑approved addresses so funds never drift to unknown destinations.
Extra shields include device fingerprints, IP risk scores that block unfamiliar zones, and an anti‑phishing code printed on each system email. A live risk engine watches margin ratios across spot, futures and copy portfolios and can trigger partial liquidation before an account reaches the danger zone, helping protect user assets during wild price swings. Independent auditors run annual penetration tests, and no critical breach has been logged since the service went live in 2018.
MEXC Review: Weak Spots to Note
Despite strong liquidity, MEXC still carries pain points. Fiat deposit coverage is narrow, withdrawals lean on EUR SEPA or peer transfers, and U.S. residents are blocked entirely. Collectors lose out as there’s no native NFT desk, and leveraged ETF listings disappeared, trimming advanced diversification choices.
Narrow Fiat Access and Withdrawal Limits
Moving traditional money on and off MEXC remains the platform’s weakest link. At the time of writing the cashier supports four deposit rails: SEPA transfers for euro, Faster Payments for pound sterling, plus Visa and Mastercard channels for USD, EUR and GBP. Card loads post within a few minutes but attract a processing surcharge of roughly 1.8 percent, while SEPA entries reach the account in one to two business days and carry no extra fee beyond a small flat charge levied by the sending bank.
Options shrink when it is time to cash out. Bank withdrawals flow solely through SEPA and only in euro; card withdrawals are not available. Traders who hold balances in USDT or BTC must first swap into a euro‑quoted pair, then wait for the next settlement window before funds leave the exchange. For clients outside the euro zone this often means a second conversion at their home bank, piling on FX costs that can eat into profit.
A peer‑to‑peer board offers a workaround by matching buyers and sellers directly. In June 2025 the board logged about thirty‑five thousand deals with a combined volume near 42 million USDT, yet coverage is uneven. Liquidity clusters around BRL, VND and NGN and thins out sharply for less common currencies, so larger tickets can take hours to fill at an acceptable spread.
The exchange has begun rolling out PIX deposits in Brazil and UPI pulls in India, but for now those rails allow inbound transfers only. Until a broader network of local partners comes online, many users still shuttle coins to competitors such as Binance or Kraken for a smoother off‑ramp. The patchy fiat map contrasts with MEXC’s strong crypto feature set and is a key point to weigh if quick bank payouts are part of your trading routine.
Lack of Integrated NFT Market
While many large exchanges have built in a full NFT marketplace, MEXC still keeps its focus on coins and tokens for spot and futures trading. There is no panel where users can mint, bid, or list digital collectibles alongside their trading pairs. Figures from public trackers show that NFT volumes across all chains reached roughly 1.3 billion USD in June 2025, with Binance handling about 18 percent of that flow through its own portal. By skipping the NFT sector, MEXC leaves a noticeable gap for holders who want one wallet for both crypto assets and non‑fungible tokens.
Collecting within the same ecosystem matters for gas costs and record keeping. When users must shift ETH or SOL to an outside service such as OpenSea or Magic Eden, they add at least one blockchain withdrawal fee and expose their keys to another platform. For traders who move in and out of positions weekly, this extra step can trim net returns. Support tickets in the MEXC community forum reflect the interest: roughly 12 percent of recent feature requests ask for NFT support or a token‑gated launchpad.
Until such a feature rolls out, collectors need a separate strategy. A common workaround is keeping a hot wallet on an NFT‑centric exchange and transferring sale proceeds back to MEXC for futures or copy trading. This method works yet splits liquidity between two dashboards and makes tax reporting more complex. Users who place a high value on an all‑in‑one experience may want to keep this missing piece in mind before committing their entire workflow to the platform.
How to Sign Up to MEXC
Creating an MEXC profile is a quick gateway to spot, futures, and copy desks. The sign‑up path follows global compliance norms while staying friendly for beginners. You start with a valid e‑mail or phone number, solve a short slider puzzle, and submit a six‑digit code. Next, the platform recommends linking two‑factor verification to guard user funds and adding an anti‑phishing phrase for extra safety.
Basic registration activates within minutes and opens crypto deposits plus modest withdrawal limits. Uploading ID documents later lifts those caps and grants access to higher leverage tiers, fiat rails, and VIP fee brackets for active traders.
- Step 1. Visit the homepage and tap Sign Up
Open mexc.com over a secure HTTPS connection. The landing page detects your browser language and offers a quick toggle if you prefer something different. A bright Sign Up button sits in the upper‑right corner beside banners that advertise welcome vouchers and trading competitions. Clicking the button opens a registration panel without leaving the page, so you can still read fee tables or the latest market movers while your account form loads. - Step 2. Choose e‑mail or phone for registration
The pop‑up asks whether you want to register with an e‑mail address or a mobile number. E‑mail offers a wider choice of recovery options, while phone sign‑up delivers faster authentication through SMS. Whichever path you pick, create a password of at least twelve characters using letters, numbers, and a symbol. Disposable e‑mail domains and VoIP numbers often fail later checks, so use a mailbox and SIM that you plan to keep for trading alerts. - Step 3. Solve the puzzle captcha and view your time
Before the form submits, a slider puzzle appears. Drag the piece until it clicks into place; the system records how long you take and shows a pop‑up telling you whether you were quicker or slower than the average registrant. The puzzle prevents bots from mass‑creating accounts. If you slip, simply try again; three misses in a row prompt a refresh with a new image instead of freezing your session. - Step 4. Enter the one‑time code from e‑mail or SMS
MEXC dispatches a six‑digit one‑time password that remains valid for ten minutes. Check your inbox or messages folder, and remember to look in spam if nothing arrives after sixty seconds. A Resend link becomes active once the timer hits thirty seconds. Enter the code, press Confirm, and the dashboard opens immediately. You can now deposit crypto, explore demo futures, or browse the copy trading board.
Fresh accounts have modest caps: around 30 000 USDT in daily withdrawals and leverage no higher than 20× on most perpetuals. Completing the KYC suite—passport or national ID scan, selfie liveness check, and proof of address dated within the past three months—raises those figures significantly. Verified users gain access to bank on‑ramps, the peer‑to‑peer fiat portal, copy trading follow and lead roles, plus maximum leverage of 200× on selected contracts. Review usually finishes within a few hours, though peak periods can stretch that window to a day.
Archived Platform Tools
Before the current layout MEXC experimented with products that have since been shelved. Between 2021 and late 2023 traders could enter inverse perpetuals, dual currency savings and the well‑known leveraged ETFs. Daily turnover for those ETFs hit roughly 75 million USDT at their peak yet open interest fell below 5 million by spring 2024, prompting the removal. Early testers recall the interface because it linked spot, swap and ETF positions on one risk panel, making exposure easier to read. Support articles remain in place for record‑keeping but links now redirect to standard futures pairs. Some polls still rate the ETF screen highly.
Archived Leveraged ETF Menu
During the ETF phase MEXC listed twenty synthetic tokens that wrapped Bitcoin, Ethereum, Litecoin and BNB into x3 and x5 long or short units. Each token rebalanced every eight hours to keep target gearing, charging a 0.03 percent management fee and passing through the underlying funding cost. Because positions existed inside the token, users never faced margin calls or liquidation, a clear contrast to perpetual futures. Volatility decay, however, made holding periods longer than a week risky, and daily volume drifted lower once perpetual contracts gained fee discounts. The board was closed in August 2024 after a final thirty‑day sunset notice.
MEXC Review Takeaway
This mexc review covered everything from spot and futures trading to copy trading, low fees, strong security measures, and global reach. The platform supports more than four thousand crypto assets, keeps maker fees at zero, and provides advanced trading tools—including technical indicators and deep liquidity books—on every screen. Demo trading and copy trading help beginners gain trading experience without putting hard‑earned capital on the line.
Trade‑offs exist. Limited fiat deposits, narrow fiat withdrawals, and no nft marketplace can frustrate people who need a quick off‑ramp or who like to diversify into digital art. Yet for pure crypto market exposure, the mexc exchange stacks up well against heavyweight rivals thanks to low fees, wide trading pairs, high security, and active trading communities.
The decision comes down to priorities. If you want an exchange that focuses on crypto assets, offers strong user security, keeps costs tiny, and hands out a stack of additional features—such as flexible savings and liquidity pools—then opening an account may fit your plan. If fiat off‑ramps or NFT flips matter more, you may prefer another venue. Either way, always keep risk control front of mind, use two factor authentication, and withdraw funds to pre approved addresses when you have finished trading.
The content on this page is for information only. It does not replace professional financial advice. Consult a qualified adviser before making investment choices.
Scientific References
1. C. Stein, P. Staudt, A. Greif‑Winzrieth “Copy Trading Behaviour and Portfolio Risk”
2. B. Tripathi, R. K. Sharma “Liquidity Analysis Across Cryptocurrency Exchanges and Traditional Markets”
FAQ
Is MEXC available in the US?
MEXC does not serve residents of the United States. Know‑your‑customer rules block sign‑ups linked to U.S. IP addresses, postal details, or tax IDs. The same restriction covers North Korea, Cuba, Syria, Iran, Sudan, Crimea, Mainland China, Indonesia, Singapore, Venezuela, the United Kingdom, and Canada, so travelers from those regions must choose another platform.
Is MEXC good for beginners?
Early steps feel gentle because every new account receives a 10 000‑USDT demo wallet, concise tutorials, and one‑click copy trading that mirrors leading portfolios. A newcomer can practice live order entry, tweak leverage, and watch depth charts without risking funds, then graduate to real balances once confidence and basic skills have formed.
How to pick the best crypto exchange for yourself?
Start by reviewing the platform’s security record—look for public proof‑of‑reserve logs, two‑factor login, and cold storage. Compare maker and taker fees on spot and contracts. Confirm the coin list matches your strategy and that local payment rails suit your bank. Finally, scan independent community reviews before sending any capital.
Which cryptocurrency exchange is best for beginners?
KuCoin often leads user polls thanks to a tidy interface, small minimum trades, and an in‑app learning hub. Coinbase also ranks high because it supports card purchases in numerous regions and keeps the layout minimal. Open free accounts on both and test each dashboard to decide which environment feels more comfortable.
What is the difference between a crypto exchange and a brokerage?
An exchange runs an order book that matches buyers and sellers at visible prices; you place bids or offers and the market decides if they fill. A brokerage, in contrast, sells coins from its own inventory at a quoted rate, similar to a currency kiosk, so spreads and liquidity rely on the broker.
Are all the top cryptocurrency exchanges based in the United States?
Hardly. Binance launched in Shanghai and now operates from hubs such as Dubai and Paris. Bybit also keeps headquarters in Dubai, Gate.io works out of Hong Kong, and Bitstamp is incorporated in Luxembourg. Location usually reflects regulation and banking access rather than overall service quality, so weigh more than headquarters.