MEXC Global is a well-known exchange founded in 2018. It takes pride in its outstanding performance and state-of-the-art mega transaction matching technology. Pioneers and early adopters in the Blockchain and financial technology industries established the firm. MEXC Global has already managed to attract a big user base even though it is a relatively new player in the industry. This user base comprises over 10 million individuals and is scattered over 170 nations and regions throughout the globe.
This impressive accomplishment demonstrates the company’s potential to become the platform of choice for inexperienced traders and seasoned investors as they traverse the financial markets. As its customers progress along their financial path, MEXC Global intends to maintain its commitment to providing first-rate support and services to those individuals.
What is MEXC?
MEXC is a cryptocurrency exchange that provides tools for buying, selling, and keeping track of digital currencies. Spot trading, futures trading, leveraged exchange-traded funds (ETFs), rapid cryptocurrency listing, and a mobile app for trading on the move are just some of the services provided by MEXC.
Furthermore, MEXC offers a secure platform emphasizing top-tier security and financial stability to safeguard user’s personal information and assets. The site also boasts more different cryptocurrencies listed than any other top-tier exchange. Additionally, MEXC offers instructional materials, referral programs, and in-house support.
MEXC is a renowned digital asset exchange that provides a variety of crypto trading alternatives like Spot, futures, and ETFs. The portal displays real-time pricing for many notable cryptocurrencies, including Bitcoin, Litecoin, and Ethereum.
Where is MEXC based?
MEXC, founded in 2018, is located in Victoria, Seychelles. It has established itself as a trustworthy participant in the digital asset field.
Who created MEXC?
John Chen is the current Chief Executive Officer of MEXC Global, a prestigious Cryptocurrency exchange. It has cutting-edge mega transaction matching technology and outstanding functionality. John Chen seems to be the sole identified member of MEXC’s management team, according to publicly accessible information.
Who owns MEXC?
Tencent Holdings, a Chinese investment holding company, owns MEXC Global and runs online advertising services in China via its subsidiary companies in the media, entertainment, internet, and mobile phone industries; it is traded under the ticker code “700” on the Hong Kong Stock Exchange.
Is MEXC legit?
MEXC Global is a respectable and trustworthy digital asset exchange with a track record of providing its users with a safe and dependable trading experience.
Is MEXC Safe?
With MEXC, you may have peace of mind knowing that cutting-edge safeguards and rigorous compliance requirements protect your financial transactions. The platform’s cutting-edge technology and sturdy architecture have been put through extensive testing, and they have shown to be completely secure and immune to hackers.
What is MEXC Global?
MEXC Global is a leading digital asset exchange redefining how individuals purchase, sell, and trade cryptocurrencies worldwide. MEXC has been well recognized as a secure and dependable digital asset trading platform, serving over 7 million users from all over the globe. The platform is among the quickest and safest on the market thanks to its cutting-edge mega transaction matching technology and outstanding performance.
How to deposit money in MEXC Global?
On the MEXC platform, the procedure for depositing and withdrawing coins is a straightforward operation.
To deposit coins, login to your MEXC App, click on the Wallets button in the bottom right corner, and click on the Deposit button in the top left corner of the screen. You can manually select the tokens you wish to deposit or search for them to find them.
Suppose you are unclear about which chain you should deposit to. In that case, you should contact the issuer to guarantee that your deposit will be received without incident. Repeat these steps to withdraw your money.
However, this time click the Withdraw button instead of the Deposit button. After entering the address to which you want the coins to be withdrawn, selecting the appropriate network and withdrawal amount, filling out the withdrawal instructions, and clicking the button, you will be able to withdraw your coins.
Pros and Cons of MEXC Exchange
Pros of MEXC Exchange 👍
- Offers a second-to-none trading experience and platform.
- Compatible with a broad array of Cryptocurrencies.
- Affordable trading fees.
- Availability of a mobile app.
- Cutting-edge security features.
- Multiple payment methods.
- Regulated in several countries, including the US, Canada, and Estonia.
- Has a well-established and experienced founding team.
- Pays back to the Blockchain community.
- User-oriented, allowing MX token holders to vote on the functionality of the Blockchain community and the MEXC team members.
Cons of MEXC Exchange 👎
- Does not offer margin trading.
- Incompatible with fiat currencies.
- Occurrences of user complaints.
How-to of MEXC
In this section, let’s dive into how to use MEXC exchange as if it’s on your fingertip. We will demonstrate how to buy crypto, deposit, withdraw, transfer from Coinbase, stake, and many more.
How to buy crypto on MEXC?
Step 1: Create Account and Add Funds
Create a new MEXC account by entering your email address and a strong password. Complete the registration procedure by validating your email address. Click the “Deposit” button after logging into your account. Select the desired deposit currency and add money to your account.
Step 2: Search Crypto and Place Order
When you have sufficient cash in your account, you can search for the cryptocurrency you want to buy. You may search for a cryptocurrency by its name or its symbol. Once you have located the cryptocurrency you want to acquire, submit an order by inputting the quantity and price you want to pay. Review and confirm your purchase.
Step 3: Complete Purchase
Once your order is confirmed, the crypto will be added to your account balance. You can now view your purchase in your account’s “Balances” section and start trading or holding it.
How to deposit on MEXC
To make a deposit on MEXC, sign in, go to Wallets, click the Deposit button, choose the token and chain you want to use, build an address, and then follow the steps provided by the issuer.
How to withdraw from MEXC
To withdraw, log in, go to Wallets, click the Withdraw button, choose the token, input the address, choose the network, enter the amount, and then follow the steps for withdrawing.
How to transfer from Coinbase to MEXC
First, to send an asset from Coinbase to MEXC, you must log in to your Coinbase account and choose the asset you intend to send. After that, get the deposit address from MEXC by signing in and going to the deposit part of the website. Coinbase requires that you provide this address as the receiver before confirming the transaction.
How to buy USDT on MEXC
Log in to MEXC, complete your KYC, buy USDT with fiat currency, choose a merchant with a high close rate, contact the merchant for payment instructions, make a bank transfer, click “Completed” on MEXC, and wait for the merchant to transfer USDT. Once the merchant has transferred USDT, transfer USDT to your cryptocurrency account so you can trade.
How to buy UFO on MEXC
To purchase UFO Gaming (UFO) on MEXC, sign in, go to [Trade], click on [Spot], search for “UFO,” pick a trading pair, input the quantity of UFO you want to purchase, choose Market order, confirm, and look for your newly acquired UFO in your Spot Wallet.
What coins does MEXC support?
How to stake on MEXC
To participate in MEXC Staking and earn by holding crypto, you can follow these steps:
- Ensure that cryptocurrency is stored in your spot account on the MEXC exchange.
- Navigate to the Staking page on the MEXC website by selecting it from the top menu bar.
- You have the option of selecting between Locked staking or Flexible staking.
- Choose the cryptocurrency you wish to stake, and then read the product overview information to find out the minimum stake amount, the minimum stake period, and the predicted annual percentage yield.
- To stake the cryptocurrency of your choice, follow the instructions on the website.
- Your assets provided that you are using Flexible staking, are free to be exchanged, moved, or withdrawn at any moment.
- While storing your assets on MEXC, you may enjoy the advantages of earning extra tokens and money simultaneously.
Cryptocurrency lovers interested in trading popular coins and tokens will find that MEXC Exchange is the best place to go. It was the first centralized exchange to provide support for these assets. As a result, it has swiftly established a strong reputation within the sector. The trading platform provides a wide variety of features to meet the requirements of different kinds of traders.
One possible concern is the English translation function, which is not very good and may make navigating difficult for those who understand English. However, suppose you have any questions or concerns. In that case, you may contact customer care by email, which has been commended for its promptness and effectiveness.
Even if many reviewers have said that the trading platform is reliable, I still think it’s important for prospective investors to do their research and read many different reviews before putting their money into anything. Happy Trading!
Review and basic information of MEXC are as follows.
|Crypto Exchange Basics||MEXC|
|Exchange Representative (Founder)||John Chen|
|MEXC Launch Date||2018-04|
|Number of Tradable Crypto Pairs||2133 Pairs|
|Weekly Visits||1,747,933 Users|
|Overall Rating||⭐ 3.7 / 5.0|
MEXC Fee 2023
The fees charged to you for transactions at MEXC are as follows.
|Maker/Taker Fees||MEXC Transaction Fees|
|Spot Maker Fee||0.0%|
|Spot Taker Fee||0.1%|
|Derivatives Maker Fee||0.0%|
|Derivatives Taker Fee||0.03%|
MEXC Trading Volume
Trading Volumes of MEXC are as follows. (Based on CoinMarketCap 2023-12-03 14:41:12 data)
|Trading Volume Items||MEXC Trading Volume|
|Daily Trading Volume (24h)||2,574,286,729,724 KRW|
|Weekly Trading Volume (7d)||17,200,450,641,221 KRW|
|Monthly Trading Volume (30d)||75,674,843,304,588 KRW|
|Daily Volume Change (24h)||6.31%|
|Weekly Volume Change (7d)||35.98%|
|Monthly Volume Change (30d)||14.40%|
Communicate with MEXC
You can check exchange's messenger and SNS information in the table below.
Who founded MEXC exchange?
MEXC was founded in 2018 by John Chen.
Where is MEXC located?
Currently, MEXC's headquarters is known to be located in the Seychelles.
How many cryptocurrencies are tradable on MEXC?
If you join MEXC, you can trade a total of 2133 crypto pairs.
How much is MEXC trading fee?
MEXC has a spot maker fee of 0.0% and a taker fee of 0.1%. On the other hand, the maker fee for futures trading is 0.0% and the taker fee is 0.03%. Please note that these fees are for regular users, and the higher your membership level within MEXC, the lower the fees.
How much is MEXC trading volume 24h?
MEXC's trading volume 24h is 2,574,286,729,724 KRW. Furthermore, the daily trading volume is showing a 6.31% change from the previous day.
How much is MEXC weekly trading volume?
MEXC's weekly trading volume is 17,200,450,641,221 KRW, with a total of 1,747,933 users. Furthermore, MEXC's weekly trading volume is showing a change of 35.98% from the previous week.
How much is MEXC monthly trading volume?
The monthly trading volume of MEXC is 75,674,843,304,588 KRW. Furthermore, this month's trading volume is showing a change of 14.40% compared to the previous month.