How to Deposit in MEXC Global

MEXC Global is one of the more well-known cryptocurrency exchanges that provide a broad range of cryptocurrencies or virtual assets for trading. If you are looking to trade here, however, then you will have to make a few deposits within your account on this exchange. Consequently, this article will provide a step-by-step guide covering how you can deposit some funds into this platform, along with a few important things to note during this process.

How to deposit in MEXC Global

Before you deposit any funds on this exchange, however, you will have to create an account and complete KYC. If you have already done that, then you can move on to funding your account, i.e., the deposit process.

To register for MEXC Global, use the Register button provided below. If you haven’t signed up yet or wish to register again, take advantage of our exclusive referral code for added benefits.

Step 1. Log in

To begin the deposit procedure at MEXC Global, just head over to its website and log in to your account using the email address and password that you registered with. Make sure that you are on its official website, though, to avoid any attempts at phishing or scams and that you have enabled 2FA.

Step 2. Go to the Deposit Page

On the homepage, click on the Wallet button towards the top and then on Overview from the drop-down menu. Following that, choose the Deposit option for the USDT token, and you will then be directed to the deposit page for it. You might be able to deposit tokens besides USDT, but here we will be using USDT as an example.

Step 3. Select Network

Once you have chosen USDT, a list of all the networks available for it will be generated on its deposit page. Here, you will need to make sure that you select the correct network, like TRC-20 or ERC-20, for instance. If you don’t choose the right network, you will incur an irreversible loss of funds. Also, if you are confused about the blockchain networks here, you can consult with MEXC Global’s official customer support team to get any of your doubts cleared.

Step 4. Generate Deposit Address

If, by some chance, this is your first time acquiring a deposit address on its platform, then you might want to click on the click to generate the address option to gain an address under the cryptocurrency and the network you previously selected.

If you chose TRC-20 as the deposit network for your USDT, the QR code or the letter string that pops up would correspond to the USDT-TRC20 address for your MEXC account.

Step 5. Copy Deposit Address

The address generated earlier will serve as a sort of destination for the funds you want to deposit. So, click on the copy button to copy this address into your clipboard, or if you don’t want to use this address, you can simply scan the QR code that is provided if you happen to be deposited from your mobile wallet.

Step 6. Initiate Transfer

Now, log into any exchange besides MEXC Global that you want to initiate the transfer from. Over there, again, you need to make sure you choose the same network and token as you did earlier, like USDT and TRC-20.

Enter the amount you wish to withdraw, and simply paste the address you copied earlier into the withdrawal field of this exchange. However, if you are using a wallet instead of an exchange, the steps will be pretty much the same, and you will have to paste the same address there, too, after choosing the same token and network.

One thing to note here is that for some networks and tokens, users may have to include both the deposit address and the memo tag simultaneously. So, when you see the field for the memo tag, like the deposit address, please copy it from the deposit network, which, in this case, is MEXC Global, and then paste it into the platform you are withdrawing from.

Step 7. Review & Confirm

Now all you have to do is simply review the withdrawal details and confirm your transfer to MEXC Global. Following that, your transactions will have to undergo block confirmations. If you chose the ERC-20 deposit address, for instance, you might want to know that around twelve network confirmations are needed.

If the confirmation is incomplete, your tokens won’t be credited. So, if you haven’t yet managed to receive your tokens after depositing, it may be due to the transaction not being confirmed by the blockchain network involved.

Moreover, sometimes the network confirmation times for your transactions can be a bit uncertain, so please wait patiently. The status of your transactions can always be checked by going through your deposit history.

Other than what has been noted earlier, you might also want to be mindful of any minimum deposit requirements that may be imposed by the MEXC Global exchange, which may vary depending on the token you want to deposit.

If you deposit an amount less than the minimum threshold, you run the risk of your deposit not being captured, making your funds unrecoverable.

How to deposit in MEXC Global with a debit or credit card

In this section, we will cover how you can deposit cryptocurrency through your bank card, which is probably the simplest and quickest way to deposit any cryptocurrency into your MEXC Global account.

Step 1. Buy Crypto

On the MEXC homepage, select Buy Crypto, and from the drop-down menu, choose Debit/Credit Card.

Step 2. Add Card

On the Debit/Credit Card page, click the Add Card button to enter the relevant information for the bank card you want to add. So, click Continue once you have done so.

Step 3. Enter Amount

Choose your fiat currency and enter the number of tokens you would like to purchase. Following that, click Buy Now and wait for your order to be fully processed.

Step 4. Order

If your payment has been successfully processed, it will indicate that on the screen. So, you can click on Orders if you want to view the transaction you just went through. Your transactions’ statuses will be shown here as either completed if successful or rejected if not.

One thing worth mentioning here is that to access this function or method of depositing cryptocurrencies, you will obviously need to complete the entire KYC process on MEXC Global.

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