MEXC

MEXC Approved

MEXC Global is a centralized cryptocurrency exchange based in Singapore. It has a wide range of features and services that are designed to provide users with a comprehensive and secure trading experience. These features include a diverse selection of cryptocurrencies, advanced trading tools, spot and futures trading, and an Initial Exchange Offering (IEO) launchpad.

  1. Overview of MEXC Global

MEXC Global is a cryptocurrency exchange that was established in 2018. It aims to provide a comprehensive platform for cryptocurrency trading. MEXC Global is known for having a diverse selection of cryptocurrencies to trade. It supports trading pairs in BTC, ETH, USDT, and other cryptocurrencies​1​.

  1. Key Features
    • Spot and Futures Trading: MEXC Global offers both spot and futures trading. Spot trading allows users to buy and sell cryptocurrencies at current market prices, while futures trading enables users to speculate on the future price movements of cryptocurrencies.
    • IEO Launchpad: MEXC Global also provides an Initial Exchange Offering (IEO) launchpad called SpaceM. This platform allows blockchain projects to raise funds by selling their tokens directly to MEXC Global’s users.
    • MX Token: MEXC Global has its native token, the MX Token, which can be used in various ways within the platform, such as for transaction fee discounts, participation in IEOs, and for staking rewards.
  2. Security

MEXC Global uses a variety of security measures to protect users’ funds and data. These include cold storage wallets, two-factor authentication (2FA), and SSL encryption.

Fiat Money

USD
EUR
CAD
AUD
GBP
CHF
JPY

Basic info

Supported types

Cryptocurrency

Derivatives

Fiat

Stable Coins

Tokens

Volume (BTC)

21731

Launched

06/06/2018

Headquarters office

Seychelles

Fees

On the MEXC cryptocurrency exchange, maker fees are incurred when you contribute liquidity to the order book by placing a limit order below the current price for buying or above the price for selling. Conversely, taker fees are charged when you execute an order that removes liquidity from the order book by matching it against an existing order.

At MEXC, both maker and taker fees are set at 0.2%, meaning that for each transaction, whether you add or remove liquidity, you will be charged a fee equivalent to 0.2% of the transaction volume.

Withdrawal

MEXC (MXC) imposes withdrawal limits on new or unverified accounts, restricting them to 5 BTC per 24 hours. However, for accounts that have completed the Know Your Customer (KYC) verification process, the withdrawal limit is approximately 50 BTC per day. Verified Plus accounts, which require facial recognition along with personal information, can further increase their 24-hour withdrawal limit up to 100 BTC.

MEXC prioritizes security and provides users with various protective measures. These include the option to enable 2-factor authentication using Google Authenticator, setting anti-phishing codes, implementing mobile verification, and more.

There is a minimum limit of 0.002 BTC for BTC withdrawals, with a fee of 0.0003 BTC applicable. Deposits on MEXC are free, but fees may be incurred when purchasing cryptocurrencies using third-party payment providers or credit cards.

 

KYC requirements
MEXC is a cryptocurrency exchange founded in 2018 and headquartered in Seychelles. You can get started using the platform with no KYC. However, MEXC does require KYC for certain types of transactions, such as crypto-to-crypto and derivative trades.

No posts

Reviews (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Let's stay in touch!

Sign up for our community update mailing list to stay informed.