7.3/10 (Expert Score)
Company is rated as #19 in category Crypto exchanges

Mexc.com review: MEXC Exchange is a centralized cryptocurrency exchange founded in 2018. It is headquartered in Singapore and has a global presence, with offices in the United States, Canada, and China. MEXC has a focus on providing a secure and reliable trading platform for its users, with a range of trading pairs and tools to support their needs.

Security is a key priority for MEXC, and the exchange employs multiple measures to protect user assets and data. These include 2-factor authentication, SSL encryption, and regular security audits. Additionally, the platform has an Insurance Fund to provide protection in the unlikely event of a security breach.

MEXC offers a wide range of trading pairs across various cryptocurrency markets, including BTC, ETH, USDT, and more. The exchange supports spot trading, margin trading, and futures trading, with leverage of up to 100x available for futures contracts. MEXC also offers staking, where users can earn rewards by holding certain cryptocurrencies on the platform.

Awards:

award

“Best Cryptocurrency Exchange Platform of the Year” award at the 2021 International Business Awards.

award
award

“Best Innovative Crypto Trading Platform” at the Global Brands Magazine Awards 2021.

award
award

“Best Cryptocurrency Exchange in Latin America” award at the 2021 Global Forex Awards.

award
📅 Year of Establishment2018
💱 Coins:1500+
💰 Min depositFrom $1
⚖️ LeverageUp to 125x
💹 Trading feesMaker/taker fees start from 0.06%
💳 P2P platform✅
📱 Mobile appsiOS, Android
🗺️ HeadquartersMexc.com is headquartered in Singapore with offices in multiple locations worldwide.
Advantages:
  • Wide range of tradable cryptocurrencies
  • Low trading fees
  • Fast and user-friendly interface of the trading platform;
  • Advanced trading features, such as margin trading and futures contracts
Disadvantages:
  • Limited language support for customer service
  • Limited fiat currency deposit options
  • Limited educational resources for beginners

Overall Mexc.com Review

Overall, MEXC Exchange is a reliable and user-friendly platform for cryptocurrency trading, with a range of features and tools to support traders of all levels. With its focus on security and customer support, MEXC is a good choice for users looking for a trusted exchange to buy and sell cryptocurrencies.

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Geographic Distribution

Geography of clients (traders) of Mexc.com

Top Reviews

Best customer reviews of Mexc.com

The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.

The MEXC exchange is a fantastic platform for trading cryptocurrencies. I have been using it for several months now, and I am impressed with its user-friendly interface and robust trading tools. The exchange offers a wide range of trading pairs, and the fees are quite competitive compared to other exchanges. I also appreciate that the exchange takes security seriously, with two-factor authentication and other security features to keep my funds safe. Overall, I highly recommend the MEXC exchange for anyone looking for a reliable and secure cryptocurrency trading platform.

Rohit Patel
Rohit Patel
India

On one hand, the platform offers a good range of trading pairs and has a user-friendly interface. The fees are also reasonable, and I have not had any issues with deposits or withdrawals. However, I have had some problems with the customer support team. Sometimes, it takes a long time to get a response to my queries, and the answers are not always helpful. Additionally, the exchange does not have as many advanced trading tools as some other platforms, which may be a disadvantage for more experienced traders.

Nikita Oblomov
Nikita Oblomov
Russia

I had a terrible experience with the exchange MEXC. I deposited funds into my account, but they never showed up. I tried to contact support, but it took a few days before they responded, well, the situation is resolved, but the residue remained.

Serkan Yıldırım
Serkan Yıldırım
Turkey

Expert Review

Expert Review of Mexc.com

MEXC Exchange has been able to establish a reputation as a reliable and secure platform for cryptocurrency trading. The platform offers a wide range of trading pairs and advanced features such as margin trading, futures trading, and spot trading. The interface is user-friendly, making it easy for both beginners and experienced traders to navigate and execute trades. MEXC also boasts a robust security system with multi-layer encryption and two-factor authentication, which helps to ensure the safety of users' funds.

One area in which MEXC excels is in the availability of innovative DeFi products such as yield farming, staking, and liquidity mining. These offerings allow users to earn passive income on their cryptocurrency holdings, which is an attractive feature for many investors. In addition, MEXC has a solid reputation for providing reliable and responsive customer support, which is crucial for traders who need assistance or have questions about the platform.

However, MEXC does have some drawbacks. One area that has been criticized is the high withdrawal fees that the platform charges, which can be a significant expense for traders who need to move funds frequently. Additionally, MEXC's customer support can sometimes be slow to respond, which can be frustrating for users who need immediate assistance. Finally, the platform's lack of a mobile app may be a disadvantage for traders who prefer to trade on the go.

Overall, MEXC Exchange offers a solid platform for cryptocurrency trading, particularly for those interested in DeFi products. While there are some areas in which the platform could improve, its reputation for security, reliability, and customer support make it a viable option for traders of all experience levels.

Roman_Mukhin
Roman Mukhin
Financial expert and analyst at TradersHero.com

Risk Warning. Trading on mexc.com involves a high degree of risk and may not be suitable for all investors. The market is highly volatile and prices can fluctuate rapidly, leading to significant losses. Traders should carefully consider their financial objectives, level of experience, and risk tolerance before engaging in trading activities on mexc.com.

Mexc.com Ern

Investment Programs

MEXC.com does not have a specific copy trading program, but they do offer various trading products and features that can be utilized for potential profit, such as margin trading, futures trading, and staking. Additionally, MEXC.com has an affiliate program that allows users to earn a commission by inviting others to trade on the platform.

Spot Trading: Users can buy and sell cryptocurrencies on the spot market and take advantage of price movements to make profits.
Futures Trading: Users can trade futures contracts and take advantage of the price fluctuations of cryptocurrencies in the future to make profits.
Margin Trading: Users can borrow funds from the exchange to increase their trading capital and potentially increase their profits. However, it is important to note that margin trading also increases the risk of losses.
Staking: Users can stake their cryptocurrencies on the exchange to earn rewards. Staking involves holding cryptocurrencies for a certain period of time to support the network and receive incentives in return.
Launchpad: This program allows users to participate in initial coin offerings (ICOs) and token sales on the MEXC.com platform.
Earn: This program allows users to earn interest on their crypto assets through lending or borrowing.
Liquidity Mining: This program allows users to earn rewards by providing liquidity to MEXC.com's trading pairs.

Overall, MEXC.com provides a variety of investment programs for users with different risk appetites and investment goals. Users should carefully consider the risks involved with each program before investing.

Staking is a way to earn rewards by holding and locking up certain cryptocurrencies in your wallet or on an exchange. When you stake your cryptocurrency, you are essentially helping to secure the network by supporting its operations. In exchange for your help, you receive rewards in the form of more cryptocurrency.

how to use staking
To use staking on Mexc.com, you can follow these general steps:
Create account/verification
Create an account on Mexc.com and complete the necessary verification process.
Navigate to staking
Navigate to the staking section of the website or app, where you will find available staking options and rewards.
Choose cryptocurrency/staking period/amount
Choose the cryptocurrency you want to stake and select the staking period and amount.
Confirm transaction
Confirm the staking transaction and wait for the staking period to end.
Receive rewards
Once the staking period is over, you will receive the staking rewards in your account balance.
Restake/withdraw rewards
You can choose to restake the rewards or withdraw them to your personal wallet.

It is important to note that the specific steps and options for staking may vary depending on the cryptocurrency and staking program available on Mexc.com. It is also important to do your own research and consider the risks involved before participating in any staking program.

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Conditions

Trading Conditions for Mexc.com Users

Mexc.com is a centralized cryptocurrency exchange that offers a variety of trading options for its users. The exchange allows users to trade over 1500 cryptocurrencies, including Bitcoin, Ethereum, and other popular digital assets.

The exchange offers a competitive fee structure that ranges from 0.05% to 0.15% depending on the trading volume. The exchange also offers a tiered fee structure that rewards users with lower fees as they increase their trading volume.

Users can access a variety of trading options, including spot trading, margin trading, and futures trading. The exchange offers leverage of up to 10x for spot trading and up to 100x for futures trading.

Mexc.com also provides users with access to a P2P trading platform, where they can buy and sell cryptocurrencies with other users directly. This platform allows users to trade with greater privacy and security.

The exchange offers a variety of security measures to protect user funds, including two-factor authentication and cold storage for user assets. Additionally, Mexc.com offers insurance protection for user funds held in the exchange's hot wallet.

Mexc.com offers a user-friendly interface that is easy to navigate, even for beginners. The exchange also provides users with access to a variety of educational resources, including articles, tutorials, and a knowledge base.

Overall, Mexc.com is a reputable exchange that offers a variety of trading options for cryptocurrency enthusiasts. With a user-friendly interface, competitive fees, and robust security measures, Mexc.com is a good choice for both novice and experienced traders.

📅 Year of Establishment2018
💱 Coins:1500+
💰 Min depositFrom $10
⚖️ LeverageUp to 125x
💹 Trading feesMaker/taker fees start from 0.06%
💳 P2P platform✅
🔁 Copy Trading❌
📈 DirectivesSpot, Futures, Perpetual Contracts, Options
📊 DeFi Staking✅
🖼️ NFT❌
🏦 Crypto Loans❌
🔓 Demo account✅
🚀 Launchpad✅
📱 Mobile appsiOS, Android
📞 Customer ServiceChat, Email, Ticket Support
👩‍💼 SupportMultilingual
🗺️ HeadquartersMexc.com is headquartered in Singapore with offices in multiple locations worldwide.

Risk Warning

Comparison

Comparison of Mexc.com with other Crypto Exchanges

Coins
Trading fees
iOS, Android
Directives
Leverage
Staking
COPY TRADING
P2P platform
Coins
1500+
Trading fees
from 0.06%
iOS, Android
Directives
Leverage
1:125
Staking
COPY TRADING
P2P platform
Coins
385+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:125
Staking
COPY TRADING
P2P platform
Coins
360+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
815+
Trading fees
From 0%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
350+
Trading fees
Maker fee from -0.05%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
490+
Trading fees
From 0.0015%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform
Coins
400+
Trading fees
From -0.01%
iOS, Android
Directives
Leverage
1:100
Staking
COPY TRADING
P2P platform

Crypto Exchanges comparison table of trading instruments

Mexc.com
VS
Bybit
VS
Kucoin
Spot
VS
VS
Margin Trading
VS
VS
Futures
VS
VS
Options
VS
VS
NFT
VS
VS
DeFi Staking
VS
VS
Crypto Loans
VS
VS
Launchpad
VS
VS

Commissions

Mexc.com Accounts, Commissions & Fees

Mexc.com offers four types of accounts: Standard, Silver, Gold, and Platinum. The minimum deposit requirement for each account type varies from $50 to $50,000. The leverage offered by the exchange ranges from 1:1 to 1:20, depending on the account type.

Trading fees on Mexc.com are based on a maker-taker model, with the fees ranging from 0.1% to 0.2% for takers and 0% to 0.1% for makers, depending on the trading volume and account type. Mexc.com also charges withdrawal fees, which vary depending on the cryptocurrency being withdrawn.

Mexc.com offers a referral program that rewards users for inviting new users to the platform. The referral program offers up to a 30% commission on trading fees for the lifetime of the referred user's account.

Additionally, Mexc.com offers a VIP program for high-volume traders. The program offers reduced trading fees, faster withdrawals, and other benefits depending on the user's trading volume.

Account typeMinimum depositLeverageTransaction feeMargin call / Stop out
Standard$101:500.1% – 0.2%80% / 50%
Advanced$1001:1000.05% – 0.15%80% / 50%
VIP$5,0001:1250.03% – 0.1%80% / 50%

Mexc.com VIP Program

The VIP Experience Program at MEXC is available for users who meet the trading volume requirements on other exchanges that are equivalent to the levels set by MEXC. These eligible users can enjoy the VIP Experience for a period of 30 days.

30Day Spot
Trading Volume
30Day Futures
Trading Volume
VIP LevelExperience day
≥2,500,000 USDT≥15,000,000 USDTGold VIP30 days
≥5,000,000 USDT≥30,000,000 USDTDiamond VIP30 days
≥10,000,000 USDT≥50,000,000 USDTPremium VIP30 days

The exchange has its own MEXC token, which is the platform's utility token. Users receive various benefits if they trade this token on the platform, such as discounts on trading commissions, participation in lotteries and votes for listing new coins and tokens on the exchange. In addition, users have the opportunity to earn MEXC tokens through various programs, such as a referral link program or community participation incentive programs.

Study the risks carefully and make informed decisions when trading at Mexc.com to minimize your potential losses.

Risk Warning

Final review

Detailed review of Mexc.com

Mexc.com is a centralized cryptocurrency exchange that was launched in 2018. The exchange offers a wide range of trading pairs, including BTC, ETH, USDT, and many others. Mexc.com aims to provide users with a safe, reliable, and user-friendly trading experience.

The exchange has this user-friendly interface. The platform is easy to navigate, even for beginners, and offers many useful features such as real-time price charts, trading history and order book information.

One of the main advantages of Mexc.com is its wide range of trading pairs. Users can trade a variety of cryptocurrencies against major fiat currencies, as well as against other cryptocurrencies. The platform also offers various order types, such as limit, market, and stop orders, to allow users to execute trades according to their preferences.

Another advantage of Mexc.com is its user-friendly interface. The platform is easy to navigate, even for beginners, and offers a variety of helpful features such as real-time price charts, trade history, and order book information.

Note
However, there are some downsides to Mexc.com as well. The exchange is not regulated, which may raise concerns for some users who prioritize the security of their investments. Additionally, the platform's customer support can be slow to respond at times, which may be frustrating for users who require immediate assistance.

In conclusion, Mexc.com offers a wide range of trading pairs, a user-friendly interface, and a VIP program for its users. However, the lack of regulation and slow customer support may be a concern for some users.

Advantages:

Binance is the most popular cryptocurrency exchange in the world. Here are the benefits that make it special:

Advanced trading features: The exchange offers advanced trading features such as margin trading, futures trading, and options trading for more experienced traders.
Wide selection of cryptocurrencies: MEXC.com offers a broad range of cryptocurrencies for trading, including popular options like Bitcoin, Ethereum, and Tether, as well as lesser-known coins and tokens.
Competitive fees: MEXC.com charges low fees for trading and withdrawals, making it an attractive option for both novice and experienced traders.
User-friendly interface: The platform is designed with ease of use in mind, providing traders with a simple and intuitive interface to navigate.
Strong security measures: The exchange uses top-notch security measures to keep users' funds and personal information safe, including two-factor authentication and cold storage for assets.
Responsive customer support: MEXC.com provides customer support 24/7 through a variety of channels, including live chat, email, and social media, to ensure quick resolution of any issues or questions.

Mexc.com Regulator

The exchange does not provide clear information about its regulatory status or licenses. It is important to note that the lack of regulation and oversight in the cryptocurrency industry creates potential risks for investors, as there are no government guarantees or protections. Users should do their own due diligence before engaging in any trading activity on the Mexc.com platform.

Mexc.com is registered and operates in accordance with the laws and regulations of the Republic of Seychelles. The Exchange has implemented security measures to protect its users' funds and data. These measures include:

  • Two-factor authentication (2FA) for account login and withdrawals
  • Cold wallet storage for the majority of user funds
  • Regular security audits and penetration testing
  • SSL encryption to protect user data during transmission
  • KYC and AML procedures to prevent fraud and money laundering

In addition to these security measures, Mexc.com also offers a “Security Fund” to compensate users in the event of a security breach. The exchange allocates 10% of its transaction fees to the fund, which can be used to compensate affected users.

It is important to note, however, that no exchange can guarantee 100% security. Users should take their own precautions, such as using strong passwords and keeping their 2FA devices secure, to further protect their accounts and funds.

Risk Warning

Promotions

Bonuses Paid by the Mexc.com

Bonuses

Mexc.com offers several bonuses and promotions for its users. Some of them include:

Referral Bonus: Mexc.com has a referral program that rewards users who invite others to join the platform. Users can earn up to 50% of their invitees' trading fees.
Trading Competitions: Mexc.com occasionally runs trading competitions where users can compete against each other to win prizes, such as cash or tokens.
Airdrops: The exchange sometimes distributes free tokens to its users as a way of promoting new projects or to reward loyal customers.

In addition to these bonuses, Mexc.com takes security seriously and has implemented several measures to ensure the safety of users' funds. The platform uses advanced security protocols, such as SSL encryption, two-factor authentication, and cold storage for storing funds. Mexc.com also regularly undergoes security audits to identify and mitigate potential vulnerabilities.

Education

Review of the Mexc.com Education Program

Mexc.com offers a comprehensive educational program that caters to both novice and experienced traders. The program includes a variety of resources such as articles, videos, and webinars that cover a range of topics related to trading, investing, and cryptocurrencies.

Educational tools:

Beginner's Guide: This section provides a basic introduction to the cryptocurrency industry and covers topics such as what is cryptocurrency, how to buy cryptocurrency, and how to use Mexc.com exchange.
Trading Academy: This section covers more advanced trading concepts such as technical analysis, market analysis, and risk management. It includes articles and tutorials on topics such as chart patterns, candlestick analysis, and indicators.
Glossary: This section provides a comprehensive glossary of cryptocurrency and trading terms, which can be helpful for new traders who may not be familiar with some of the jargon.
News and Analysis: Mexc.com provides daily news updates and market analysis, which can be useful for traders looking to stay informed about the latest developments in the cryptocurrency industry.
Webinars: Mexc.com occasionally hosts webinars and online events featuring industry experts, providing users with the opportunity to learn from experienced traders and ask questions.
Security Education: Mexc.com also provides education on how to stay safe and secure while using the exchange, including tips for securing your account, protecting your personal information, and avoiding scams.

Overall, Mexc.com's education program provides a comprehensive set of resources and tools for both beginner and experienced traders, including basic introductions to the industry, advanced trading concepts, and important security considerations.

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Rating and Comments

Mexc.com Users Reviews 2024

8.1 Total Score
20 reviews
Rating Overview

Based on all reviews

7.8Expert Score
Investment instruments
8
Deposits and withdrawals
7
Customer service
8
Trading platform
8
8.4User's score
Investment instruments
8.5
Deposits and withdrawals
7.8
Customer service
8.4
Trading platform
9.2
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Crypto ExchangesOverall Ranking
3 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 4.5
    Investment instruments
    100
    Deposits and withdrawals
    90
    Customer service
    80
    Trading platform
    90

    Mexc is a decent exchange, but I found the user interface to be a bit confusing at first. It took some time to get used to the layout and find all the features I needed. The trading fees are reasonable, but not the lowest out there.

    Helpful(0) Unhelpful(0)You have already voted this
  2. MEXC has a poor reputation for security and has been the target of several hacking incidents in the past. Additionally, the platform’s trading fees are quite high compared to other exchanges, making it less attractive for high volume traders.

  3. 4
    Investment instruments
    80
    Deposits and withdrawals
    80
    Customer service
    70
    Trading platform
    90

    MEXC is a decent exchange platform with a good range of trading pairs and reasonable fees. However, the platform could benefit from better customer support and more advanced trading features.

    Helpful(0) Unhelpful(0)You have already voted this

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