Is It Safe & Legit in 2025?

MEXC change is a high-performance buying and selling engine that’s able to processing 1.4 million transactions per second. The cryptocurrency change permits customers to purchase, promote, maintain, and commerce cryptocurrency with out sharing private data besides the e-mail or telephone quantity they used for registration.

MEXC World has step by step turn out to be top-of-the-line crypto buying and selling platforms attributable to its wide selection of cryptocurrency choices and buying and selling pairs for spot and futures markets. Along with having the most important crypto pool within the business, MEXC has excessive each day buying and selling quantity, which interprets to excessive liquidity.

The change permits buying and selling, staking, lending, and borrowing companies whereas providing customers extremely low charges on trades. It additionally has a Launchpad, Kickstarter, and Airdrop characteristic, which provides early entry to new tokens earlier than they’re listed on the platform.

Now, in case you are questioning whether or not it’s secure and safe to purchase and promote crypto on MEXC in 2025, the quick reply is YES. Nevertheless, you will need to be taught extra about how the platform works earlier than leaping in.

Subsequently, on this MEXC assessment, we’ll give you the solutions for what’s MEXC? What are its professionals and cons? What are the buying and selling charges on MEXC? What are the most effective options on MEXC?, and learn how to open a brand new account on MEXC crypto change. Let’s dive in!

MEXC Evaluation: What’s It?

MEXC is a prime centralized cryptocurrency change the place customers can simply purchase, promote, and commerce digital belongings. Whereas MEXC prides itself for mega transaction matching know-how, many customers favor it due to its extremely low charges and no obligatory Know Your Buyer (KYC) verification necessities, not like different exchanges.

With MEXC, you possibly can entry many companies, together with spot and futures buying and selling, leveraged ETFs (exchange-traded funds), NFT Index, crypto loans, and demo buying and selling instruments for inexperienced persons. Here’s a nearer have a look at MEXC world change and the way it stands out amongst different platforms.

What’s the Professionals of MEXC?

As a well-known crypto change, MEXC is standing out by offering many perks to their customers, the professionals of MEXC change are:

• Largest Collections of Altcoins: MEXC is well-liked for itemizing new altcoins and meme cash for investing and spot and futures buying and selling. The cryptocurrency change has extra digital belongings than some other change within the crypto business (with over 2700 supported crypto and 3000+ buying and selling pairs)
• Fast Registration: You’ll be able to full MEXC registration in below a minute. It’s because you solely want an e mail or a telephone quantity to register and entry MEXC buying and selling companies.
• Non-compulsory KYC: When you add the verification code despatched to your e mail, you’re in, and you can begin buying and selling instantly. You don’t want to finish the KYC verification to have the ability to withdraw your digital belongings.

With out KYC, you possibly can withdraw between 10-30 BTC each day, which is greater than sufficient for a lot of particular person merchants. Nevertheless, you possibly can all the time full the KYC verification course of to spice up your withdrawal restrict to 80 or 200 BTC as your wants develop.

• Copy buying and selling Instruments: This platform helps new customers take advantage of their investments by copying the buying and selling methods of skilled merchants. You get entry to essential particulars in regards to the dealer, together with their monitor report, return on investments, and wins. In case you like several merchants’ monitor information, you possibly can merely click on “Copy Commerce,” and orders will likely be mechanically positioned in your behalf.
• Futures Demo Buying and selling: If you’re fearful about risking your cash on crypto trades, you should utilize the Demo Buying and selling interface to observe earlier than you begin. Once you join demo buying and selling, you’ll obtain a $50,000 check account that offers you a easy, risk-free strategy to attempt futures buying and selling and different buying and selling choices on MEXC Trade.
• Incomes Choices: Customers can stake their belongings by means of Financial savings, Easy Earn, and New Token Mining with mounted and versatile phrases in change for rewards. That is particularly essential for customers seeking to develop belongings with minimal each day buying and selling on the spots or futures markets.

With Financial savings, you’ll get each day curiosity payouts between 0.08% – 20% annual share yield (APY). On the flip aspect, you can even use MEXC Loans to borrow crypto by placing up one other crypto asset as collateral.

What’s the Cons of MEXC?

The cons of MEXC Trade are;

• The Trade is Largely Unregulated: MEXC cryptocurrency change will not be regulated in lots of international locations because it lacks authorization from monetary authorities in a number of jurisdictions, together with the US, Canada, and Germany. In Germany, BaFin has warned that MEXC world change is providing monetary companies with out the required licenses.
• Complaints About Locking Consumer Funds: MEXC has been dealing with backlash for claims of locking consumer funds regardless that the expertise will not be constant throughout a number of customers. A MEXC assessment on Trustpilot stated, “Used the platform for one month, made safety deposits and deposited crypto funds. Out of nowhere obtained banned with no causes and rationalization. One other consumer stated, “They’ve despatched me an Electronic mail to withdraw your belongings inside a brief time period, however my belongings are frozen (can not promote and change them for different cryptos) and can’t withdraw as a result of XCH (chia community) has been in upkeep mode for months so i can’t withdraw my XCH….”
• Not the Most Newbie Pleasant Platforms: As a result of its giant coin choices and lots of different options, buying and selling on MEXC may be a little bit difficult for inexperienced persons. Nevertheless, the platform gives instructional assets and a easy in-app information to assist new customers.

What Are the Greatest Options of MEXC

The very best options of MEXC are the Launchpad and Kickstarter, MEXC Futures M-Day, Spot Buying and selling, and Copy Buying and selling. Let’s break down these options to get a greater understanding of how they impression your expertise on the change:

1. MEXC Launchpad & Kickstarter

It may be difficult to find and spend money on promising Blockchain tasks earlier than they hit the mainstream. The MEXC world change presents two key options to enhance the method: the MEXC Launchpad and the Kickstarter occasion.

They’re designed to assist customers uncover and spend money on promising blockchain tasks whereas offering incentives resembling airdrops and rewards to encourage individuals.

For the MEXC Launchpad, the change makes use of a rigorous choice course of to make sure that solely tasks that meet strict standards are featured. This consists of evaluating the mission’s staff, market demand, and potential.

Customers can earn free token airdrops by holding MX tokens. As an illustration, in the event you maintain at the least 2,000 MX tokens, you possibly can take part in airdrop occasions and make large returns when tasks launch. 

To take part in Launchpad occasions:

• Purchase and maintain at the least 1,000 MX tokens in your spot pockets for 30 consecutive days.
• Commit your MX tokens throughout Non-lockup Occasions utilizing the Fast Commit characteristic.
• Airdrops will then be distributed based mostly on the proportion of tokens dedicated.

Then again, the Kickstarter occasion is one other initiative by MEXC platform that goals to assist new tasks throughout their pre-launch part. You and different customers can take part by voting on your favourite Blockchain tasks. Profitable votes result in free rewards and token airdrops for individuals.

Just like the Launchpad, there are necessities that qualify customers to take part in Kickstarter occasions. Customers should maintain at the least 500 MX tokens for twenty-four hours earlier than the occasion begins. The quantity of MX tokens held determines what number of tokens will be dedicated through the occasion.

2. MEXC Futures M-Day

MEXC Futures M-Day is a promotional occasion designed to encourage customers to take part in particular token itemizing occasions. Customers can obtain airdrops as rewards by buying and selling within the explicit inventory designated by MEXC.

This occasion is held all 12 months spherical, however the tokens change relying on the time of 12 months, so if you wish to take part, you could watch the occasion typically. As an illustration, MEXC held an occasion final 12 months to encourage customers to commerce in USDT-M futures on the cryptocurrency change.

Members earned rewards by means of a fortunate draw based mostly on their buying and selling volumes throughout specified durations. This threshold varies by occasion; for example, it may very well be set at 40,000 USDT or extra.

The upper the transaction quantity, the extra tickets a consumer can declare for the draw. Right here’s how one can qualify to take part;

• You will need to register for every occasion to take part on the MEXC web site or cell app.
• Have interaction in buying and selling the actual token within the futures market to build up quantity and earn tickets.
• Through the ticket declare interval, declare your tickets based mostly in your buying and selling exercise.
• After the occasion concludes, MEXC will announce the outcomes and distribute rewards.

Taking part in MEXC M-Day can get you rewards whether or not you win or not. Participation alone will get you free raffle tickets with futures bonuses. One lottery ticket will likely be awarded for each 45,000 USDT buying and selling quantity, which you should utilize as a margin and withdraw your earnings.

3. Spot Buying and selling

The MEXC platform has a spot market just like different exchanges. You should purchase and promote crypto simply and make the most of MEXC’s excessive liquidity. As a result of a excessive buying and selling quantity, your orders will likely be fulfilled shortly, and you may get good charges when making trades. 

Moreover, the platform has a sophisticated buying and selling dashboard with pairs principally pegged with USDT. The dashboard shows buying and selling data, together with the 24-hour, 7-day, and 30-day buying and selling quantity of the actual pair you select.

4. Copy Buying and selling

MEXC’s Copy Buying and selling characteristic permits new customers to mechanically replicate the buying and selling methods of skilled merchants in futures markets. You’ll be able to choose lively merchants based mostly on their monitor report and efficiency metrics, resembling return on funding (ROI), 7-day win price, and revenue and loss (PNL).

To take part, you solely have to deposit funds to your copy commerce account, fill in your particulars, and comply with skilled merchants to begin copying their buying and selling methods. All orders are positioned mechanically if you resolve to comply with a dealer, and no further charges are charged for copy buying and selling transactions.

Different MEXC Crypto Trade Options

• P2P Buying and selling: Apart from shopping for, promoting, and buying and selling crypto within the futures and spot markets, MEXC customers may commerce crypto belongings with different customers on the MEXC platform with out middlemen. In change for an area foreign money or vice versa, you possibly can commerce digital belongings on the P2P market, together with USDT, USDC, BTC, and ETH.
• MEXC Token Airdrops: MEXC incessantly hosts token airdrops, letting you earn rewards by finishing easy duties like depositing funds or making trades. If you wish to take part in airdrop campaigns, it’s best to test the “Token Airdrop” web page typically to catch such occasions earlier than they finish.
• MEXC Referral Program: Like different exchanges, MEXC affiliate portal allows customers to make further rewards by selling the platform. As a referrer, you possibly can earn as much as 70% fee on each commerce your referrals make on MEXC’s spot and futures markets.

These rewards are usually not one-way advantages; referrals additionally qualify for rewards, resembling a $20 join bonus, and entry to prime business occasions. So, in the event you’d slightly open an account and commerce each day with out being an affiliate, use the promo code: mexc-cnjreview for unique rewards and airdrops.

What’s Buying and selling charges on MEXC?

The buying and selling charges on MEXC is low, putting it above Binance and different exchanges by way of low charges. Under is a breakdown of the charges MEXC fees for spot, futures, and margin buying and selling.

Spot Buying and selling Charges

MEXC’s spot transaction charges are 0.05% for each makers and takers. Nevertheless, there are a number of methods to scale back these charges: 

• MX Deduction: Use MEXC’s native platform token, MX, to obtain a 20% low cost on buying and selling charges. 
• Maintain MX: Maintain at the least 500 MX inside 24 hours to obtain a 50% low cost on spot and futures charges. 
• Common buying and selling pairs: Some well-liked buying and selling pairs, resembling XRP/USDT and XRP/USDC, have a 0% spot transaction charge. 

Moreover, MEXC Trade presents particular buying and selling pairs with zero charges for makers and takers. Examples of such spots market particular buying and selling pairs are PEN/USDT, XRP/USDC, and APT/USDT.

Futures Buying and selling Charges

MEXC at the moment has the bottom futures buying and selling prices available in the market in the mean time. Its maker charges are set at 0%, and taker charges are at 0.01%. To additional cut back the buying and selling charges, you possibly can maintain MX place above 500 during the last 24 hours, permitting you to immediately get pleasure from a ‎50% low cost on futures buying and selling prices.

Moreover, you possibly can get pleasure from ‎20% off buying and selling charges if you switch MX into your futures account and offset USDT-margined futures buying and selling prices. Or, you possibly can commerce particular buying and selling pairs with 0% buying and selling charges like APT/USDT, TONCOIN/USDT, DOGS/USDT, NOT/USDT, and KAS/USDT on the Futures market.

Different MEXC Charges: Deposit and Withdrawal Charges

MEXC Trade doesn’t cost charges on deposits for any cryptocurrency. However, for withdrawals, charges range relying on the cryptocurrency you’re withdrawing with some going at no cost. As an illustration, withdrawing Tether USDT on MEXC is free, however there’s a minimal withdrawal quantity of 10 USDT.

Then in case you are withdrawing Bitcoin (BTC), the minimal withdrawal quantity is 0.00015BTC and withdrawal charge capped at 0.00003 BTC. It is very important observe that MEXC withdrawal charges change extra time and are charged based on the present community circumstances. Please all the time test probably the most up to date MEXC charge listed on every withdrawal web page.

Tips on how to Open New Account to Purchase and Promote Crypto on MEXC?

Create an account with MEXC and begin buying and selling.

To open an account on MEXC to purchase and promote crypto, you possibly can: 

1. Go to the MEXC homepage, or obtain the app, and click on “Signal Up”
2. Fill out your e mail or telephone quantity within the registration type and click on Signal Up.
3. Confirm your e mail or telephone quantity with a 6-digit code or the hyperlink despatched to your e mail and you’re in.
4. It’s also possible to log in to MEXC Trade utilizing a third-party account, like Google, Apple, MetaMask Pockets, or Telegram.

You solely want an e mail to open a MEXC account. As soon as your account is about up, you should buy your first crypto, promote it, and commerce cryptocurrencies as you please.

Always remember to use our MEXC referral code to help you in your crypto  journey.

Comply with these steps to purchase your first crypto on MEXC Trade:

1. Select the [Deposit] tab, choose the fiat foreign money to pay with (EUR, USD, JPY, and many others), and choose the crypto you want to obtain.
2. Then, enter the quantity you wish to pay or the quantity you want to obtain.
3. Click on [Buy USDT or the crypto you selected] and choose an appropriate cost technique.
4. Upon cost affirmation, the crypto you acquire will likely be deposited into your MEXC account mechanically.

Comply with these steps to promote your crypto: 

1. On the identical web page, select the [Sell] tab, and choose the crypto you wish to promote and the fiat foreign money you want to obtain. 
2. Then, enter the quantity of crypto you wish to promote or the quantity of fiat you want to obtain.
3. Click on [Sell USDT] and choose a cost technique for the customer to make the cost within the chosen receiving cryptocurrency.
4. As soon as your order has been processed, the customer will make the cost within the chosen receiving cryptocurrency through the cost technique you chose.

In contrast to different exchanges, you possibly can successfully transact on MEXC Trade with out KYC. Nevertheless, to maneuver from Unverified (10-30 BTC each day withdrawal restrict) to Main or Superior degree (200 BTC each day withdrawal restrict), it is advisable to full KYC utilizing these steps:

1. Go to your account and click on in your profile icon. You will notice “Identification verification” on the prime proper nook of the web page.
2. Click on on it and choose the kind of verification you wish to full (major or superior).
3. Select your nation or area and the kind of government-issued ID you’ll use. Then comply with MEXC directions to finish the facial recognition verification.
4. MEXC Trade will assessment your paperwork and ship you an e mail as soon as the method is full. 

“What Are the MEXC Supported International locations?”

MEXC is offered in the UK, Australia, Africa, most of Europe, and Asia, serving 10+ million merchants in over 170 international locations. This makes it some of the accessible crypto exchanges on the earth.

What Are the MEXC Restricted International locations?

MEXC Trade will not be accessible in every single place. It isn’t accessible to merchants in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, america, the UK, Canada, Sevastopol and Russian-controlled areas of Ukraine (Crimea, Donetsk, and Luhansk).

As a result of authorized and regulatory restrictions, you can not open an account or commerce on MEXC Trade in case you are situated in one in every of these areas. Nevertheless, some merchants use VPN to bypass detection and entry MEXC companies. They continue to be “Unverified” merchants with a each day withdrawal restrict beginning at 10 BTC.

At all times do not forget that MEXC reserves the proper to take speedy motion, together with account liquidation and termination (even funded accounts) if customers present inconsistent details about their location. So, in the event you resolve to make use of a VPN, guarantee it’s all the time on whereas logging in to the platform.

What Are the Greatest Options for MEXC?

The very best options to MEXC are Bybit, KuCoin, Binance, and BingX. These greatest crypto exchanges provide a big choice of crypto like MEXC, they’ve aggressive charges, and provide a number of options to offer customers a easy buying and selling expertise.

Whereas a few of these options, together with Binance and Bybit, require KYC verification, it’s optionally available on BingX. However earlier than you resolve on an change to discover, the highest MEXC options are summarized within the comparability desk beneath that can assist you make knowledgeable choices;

By way of cryptocurrency choice, consumer safety, and options, the most effective MEXC options are Binance and Bybit. The 2 platforms provide numerous buying and selling pairs, 1000’s of crypto, and aggressive buying and selling charges, however they require KYC. Additionally they present numerous options, together with Buying and selling bots, staking, saving, NFT market, and extra. In case you want to grasp extra about these options, take a look at our detailed Binance assessment for extra data.

Nevertheless, when speaking about ‘no obligatory’ KYC verification options for MEXC Trade, think about using BingX and Kucoin. Although they’re restricted in sure areas, you should utilize a VPN service to entry these exchanges. However apart from the optionally available KYC, these exchanges additionally assist a number of Altcoins.

Since this information is on MEXC assessment, we solely supplied a quick overview of every of those exchanges options. So, do your personal analysis to find out which platform is the most effective crypto buying and selling different for MEXC world change.

How Many Cryptocurrencies Obtainable on MEXC?

MEXC presents buying and selling for over 2,700 cryptocurrencies, which is extra crypto assist than nearly all of exchanges, together with Binance and Bybit. Buying and selling new altcoins and meme cash is likely one of the main causes MEXC is well-liked within the crypto area.

Is MEXC Protected and Legit to Purchase and Promote Crypto in 2025?

Sure, MEXC is secure and legit to purchase/promote crypto in 2025. The platform has been working since 2018 and has by no means been hacked or misplaced consumer funds. They safe consumer funds utilizing strong safety features like chilly pockets storage, multi-sig authorizations, and superior encryption.

Nonetheless, there have been complaints about MEXC locking consumer funds and delisting tokens with out warning. A consumer claimed that “They banned the account and my staff members’ account additionally. Now we have greater than 50 {Dollars} on our account. Once we contacted them individually they requested me to submit the holding NID and a paper the place we write “MEXC Account” and E-mail or UID…”

“…They usually listing cash randomly and most of them are Honeypot cash. As like GEGS, NGH, Wifceo, LAG and many others(Delisted). They’re itemizing honeypot cash and wiping the shoppers’ funds…”

Whereas a few of these complaints are unverified and never settled, MEXC has superior safety protocols in place. Additionally they launched an announcement when one other consumer allegedly misplaced over $92k attributable to account freeze. MEXC acknowledged that there was an irregular cryptocurrency buying and selling exercise within the customers account saying;

“Concerning the account restrictions and points associated to futures buying and selling/belongings that you’ve raised, our threat management system and related personnel have performed a radical examination. It has been recognized that there have been irregular buying and selling actions in your account and related accounts. In accordance with the phrases of use, we’ve taken measures to get well the losses incurred.”

One other potential concern may very well be that MEXC is unregulated in most jurisdictions, together with america, North Korea, Mainland China, and Canada. Nonetheless, this case isn’t any totally different than different prime exchanges within the area dealing with regulatory challenges in comparable areas like Binance and Bybit.

However in case you are nonetheless involved in regards to the security of your digital belongings, you possibly can simply take safety a step additional. Safe your account with two-factor authentication (2FA), deal with whitelisting for crypto withdrawals, and even full Superior KYC in case you are a resident of a MEXC supported nation.

Does MEXC Require KYC to Withdraw?

No, MEXC permits customers to withdraw with out KYC. Nevertheless, your each day withdrawal restrict as an Unverified consumer is the equal of 10 BTC.

“What’s the MEXC Withdrawal Restrict With out KYC?”

With out KYC verification, MEXC imposes a withdrawal restrict of 10 BTC each 24 hours. You’ll be able to improve your withdrawal restrict by finishing both Main or Superior KYC. Main KYC permits withdrawals of as much as 80 BTC inside 24 hours, whereas Superior KYC will increase this restrict to 200 BTC and consists of further options like OTC buying and selling.