NOTE: Customers from United States are not allowed to trade or register at this broker. We would recommend a different broker at our toplist here.
MEXC Global is a highly popular crypto trading platform from Asia with more than 1500 cryptocurrencies available. The site caters to 10 million users in more than 170 countries around the world. The site offers 0% maker fees for all spot trading pairs. You can download the MEXC mobile app to trade anywhere and at any time. This application enjoys full support on Android, iOS, and Windows operating systems. At MEXC Global, customers have many staking options available, even though the rewards may be a little lower than those offered by other exchanges. The main risk with MEXC Global is the lack of any reputable crypto license, that actually protects the customer. Still, it is very popular in Asia.
NOTE: Customers from United States are not allowed to register. Find another broker here.
Trade cryptocurrency on MEXC and benefit from 0% maker fees and support in 16 languagesCryptoLists.com
Background & Overview
MEXC Global is known as 'the exchange of high performance and mega transaction matching technology.' It was founded in Seychelles in East Africa, and it now has over ten million users worldwide. This site has licenses from Australia, Canada, and Switzerland. This means the site is extremely secure and complies with the set standards to ensure the safety of customer funds. These standards include the use of 2-factor authentication and the use of cold storage for digital assets.
The exchange also verifies the identities of all its customers as this helps to curb money laundering. Since the site was launched, it has never experienced a security breach. You can learn more about security in crypto exchanges at Crypto Lists. MEXC Global aims to become the go-to platform for new traders and experienced investors as they move forward in their crypto journey.
Visit MEXC Global now!
Advantages at MEXC Global+ You can trade more than 150 cryptocurrencies on the platform.
+ Its fees are very low.
+ Inexperienced users of the site can use the copy trading feature.
+ Staking is available for various cryptocurrencies on the site.
+ There have never been any security issues on this platform.
+ MEXC Global has licenses from many parts of the world.
Disadvantages- You need to verify your identity to buy and sell higher amounts of crypto.
- It does not support any fiat withdrawals.
- Depending on the crypto you want to withdraw, the transaction fees can be high.
- Customer service could be improved with a phone option.
- They do not have any Euro based stablecoins; and only support the USD such as USDT, USDC, BUSD.
KYC & Registration
To sign up on MEXC Global, you have to enter your email address, password, and referral code. You can also use your phone number to create an account. MEXC requires its customers to complete KYC procedures to increase the number of cryptocurrencies they can buy or withdraw. This simply involves sending verification documents like your passport, national ID, or driving license. You also need to set up facial recognition or send a selfie to show you are who you say you are.
They offer 'Institutional Accounts' for businesses, and the sign up procedure is as to be expected with submission needed of a variety of documents. They have an easy-to-follow guide on their site explaining how to do this and explaining the process.
Leverage▪ Rated at 8/10
One of the great features on MEXC Global are leveraged EFTs, which like other tokens can be traded on the spot market. Every share of one of these essentially represents a basket of deriviative positions. The prices of these leveraged EFTs move along with any price changes. The site has lots of documentation about how it works, with downloadable PDFs as well as a couple of videos.
Costs▪ Rated at 10/10
The fees at MEXC Global are straightforward and easy to understand. The maker fees for all spot trading pairs are set at 0%, while the taker fees for the same pairs are 0.2%. With leveraged ETFs, the maker fees are 0.2%, and the taker fees are also 0.2%. You should note that these charges are calculated using the 20% MX deduction. For futures trading, the maker fee is 0.02% while the taker fee is 0.06%. Note that the futures trading fees will go down as your trading volume increases. These fees will be at their lowest when you attain a 30-day trading volume of over $500 million or when your futures wallet balance holds more than 500,000 USDT.
Deposits made to the site don't attract any charges. However, withdrawal fees vary depending on the token you want to withdraw and the status of the network. This crypto exchange does not support fiat withdrawals. You can use the P2P trading service to exchange your crypto for fiat.
Deposit Methods▪ Rated at 10/10
Below you can see a list of the deposit methods available on MEXC Global. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.
There are a very large range of deposit methods on MEXC when you want to put fiat currency into your trading account. These range from basic debit card and bank transfers to third party payment providers. Because the site caters to customers from around the world, it's almost certain you'll be able to find a deposit method that suits your needs. Read more about the deposit methods at MEXC Global here.
Platforms▪ Rated at 9/10
The following platforms are supported by MEXC Global:
The user interface is among the biggest benefits of this crypto trading platform. It has a green theme and is atttractive and very easy to navigate. Different links will appear as you hover over the sections at the top of the website. You can also access the customer care team easily using the button in the bottom right corner. Overall, the site and mobile app are easy to use and have user-friendly designs.
Automated Trading and Copy Trading
MEXC Global has a copy trading feature that allows beginners to follow the trades of the experienced pros. You can easily follow a professional trader, and when they initate a copy trade, the system will apply the same to the follower. Signing up is simple and straightforward. For traders who choose to be followed, you can earn up to a 15% profit share.›› Get started with Crypto Auto Trading at MEXC Global now.
Languages supportedThe following languages are supported on MEXC Global:
Arabic, English, Filipino, French, German, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish and Turkish and Vietnamese
Broker Support▪ Rated at 10/10
Customer support at MEXC Global is available via live chat, email, and Telegram. The agents on the site always respond to queries quickly. Since they are knowledgeable about how MEXC Global works, they can help you solve your issues in a short period. The customer service agents are trained to communicate clearly and in simple language.
Other Names for MEXC Global
MEXC Global is or has also been known under the following names: MEXC Global Ltd.
Where can I register for MEXC Global?
The best way is to open an account here and if you have any further questions you can get in touch with their support directly.
s MEXC Global a reliable site?
Yes, this crypto exchange is extremely reliable as it has licenses from several countries. You should also note that the site uses high-end cold storage to keep its customers' crypto safe. This level of security has prevented hacking and other violations for the entire existence of MEXC Global.
Is this platform good for margin trading?
Yes, you can use MEXC Global for margin trading. This form of trading allows members of the site to trade crypto on borrowed funds. To start margin trading on this site, you have to activate your margin account and move your assets to this new account.
Who started MEXC Global?
John Chen created MEXC Global in 2018 and is now the CEO of the company. He has created a number of disruptive technologies over the past decade and is considered a serial entrepreneur.
What is the MX token?
This is the native cryptocurrency of the MEXC Global crypto exchange. It is based on the Ethereum blockchain and helps traders access discounts on trading fees.
Do I need to complete KYC on this platform?
You will need to complete the verification process in order to trade larger sums of money on this platform. This process is quite simple. You just need to send proof of your identity. This could be in the form of a driving license, passport, or national ID card. You must also send a selfie or complete a facial recognition process.
Which cryptocurrencies can I trade at MEXC Global?
You can trade more than 1500 cryptocurrencies on this platform. Some of these are BTC, USDT, ETH, EOS, XRP, TRX, TUSD, AME, and USDC. You should remember that there are only a handful of cryptocurrencies that you can buy with the quick buy feature of the site.
History of MEXC Global
Apri 2018 - The company is founded as MXC Exchange with its key members coming from global businesses and investment firms, with expertise in the blockchain and financial sectors.
June 2021 - MXC Exchange rebrands and relaunches as MEXC Global.
Find the full list of instruments available to trade at MEXC Global here. Below are just a few of the large amount of currencies available on MEXC Global.▪ Rated at 9/10
Crypto CurrenciesAAVE/USDT, ADA/USDC, ADA/USDT, AE/ETH, AE/USDT, PRIME/USDT, AERGO/USDT, ALGO/USDC, ALGO/USDT, ANKR/BTC, ANKR/ETH, ANKR/USDT, TON/USDT, APT/USDT, ASVA/USDT, ATOM/BTC, ATOM/USDC, ATP/USDT, AVAX/USDC, AVAX/USDT, AZY/USDT, BAL/USDT, BCG/USDC, BCH/BTC, BCH/USDT, BEAM/USDT, BHD/USDT, BLY/USDT, BNB/USDC, BNB/USDT, BSV/USDT, BTC/AUD, BTC/BCH, BTC/BNB, BTC/BUSD, BTC/CAD, BTC/DASH, BTC/DOGE, BTC/ETC, BTC/ETH, BTC/EUR, BTC/LTC, BTC/SOL, BTC/USD, BTC/USDC, BTC/USDT, BTC/XLM, BTC/XRP, BTM/USDT, BTS/USDT, BTT/USDC, BTT/USDT, CAD/BTC, CAD/TRX, CAND/USDT, CELR/USDT, CHZ/USDT, CKB/USDT, CNNZ/USDT, COCOS/BTC, COCOS/USDT, CVT/USDT, DAI/USDT, DAPPT/USDT, DASH/BTC, DASH/USDT, DCR/USDT, DOGE/USDT, DOT/BTC, DOT/USDT, EDG/BTC, ELF/BTC, ELF/ETH, ELF/USDT, ENS/USDT, EOS/BTC, EOS/USDC, EOS/USDT, ETC/BTC, ETC/USDT, ETH/BTC, ETH/USDC, ETH/USDT, ETHW/USDT, ETP/USDT, EUL/USDC, EUL/USDT, FET/USDT, FIL/USDC, FIL/USDT, FIRO/USDT, FO/USDT, FOR/USDT, FSN/USDT, FTM/USDC, FTM/USDT, HC/USDT, HIVE/BTC, HIVE/USDT, HNS/USDT, HT/USDT, INJ/USDT, IOST/USDT, IOTX/USDT, IRIS/BTC, IRIS/USDT, JOYSTICK/USDT, JT/USDT, JUST/USDT, KAVA/USDT, KICKS/USDT, KLAY/USDC, KLAY/USDT, KNC/USDT, KSM/BTC, LAMB/USDT, LBA/USDT, LBTC/BTC, LBTC/USDT, LFG/USDT, LINK/USDT, LOOM/USDT, LOVELY/USDT, LTC/BTC, LTC/USDC, LTC/USDT, LUNA/USDT, LUNC/USDT, MANA/USDT, MATIC/USDC, MBL/USDT, MBTC/USDT, MCC/USDT, MKR/USDT, MTR/USDT, MTRG/USDT, MTV/USDT, MX/ETH, MX/USDC, MX/USDT, NAS/USDT, NAX/USDT, NEO/USDT, NEW/USDT, NKN/USDT, NVIR/USDT, OGN/USDT, OMG/BTC, OMG/USDT, ONE/USDT, ONG/USDT, ONT/BTC, ONT/USDT, PAXG/USDC, PAXG/USDP, PAXG/USDT, PCX/BTC, PCX/USDT, PUSH/USDT, PVT/USDT, QTUM/USDT, REEF/USDT, RIF/BTC, RIF/USDT, RVN/USDT, SERO/USDT, SHIB/USDC, SHIB/USDT, SNT/BTC, SNT/USDT, SOL/BTC, SOL/USDC, SOL/USDT, SPA/USDT, SPOX/USDT, STEEM/USDT, SUSHI/USDT, SUTER/USDT, SWEAT/USDT, TCT/USDT, THE/USDT, TOMO/USDT, TRX/BTC, TRX/USDC, TRX/USDT, TRY/AME, TRY/BTC, TRY/XRP, TUSD/USDT, TWT/ETH, UGAS/BTC, UGAS/USDT, UNIC/USDT, USD/AME, USD/BTC, USD/EOS, USD/ETH, USD/USDC, USD/USDT, USTC/USDT, UT/USDT, VET/USDT, VRYNT/USDT, VSYS/USDT, WAVES/USDC, WAVES/USDT, WGRT/USDT, WIN/USDT, WOO/USDT, XLM/USDT, XMR/USDT, XMX/USDT, XPX/USDT, XRP/BTC, XRP/USDC, XRP/USDT, XTZ/USDT, YDF/USDT, ZEC/USDT, ZIL/USDT, ZRX/USDT, ZXR/ETH, SRM/USDT
›› Sign up at MEXC Global here
NOTE: Customers from United States are not allowed to register. Find another broker here.
Screenshots from MEXC Global
Related blockchain? Learn more about Ethereum NetworkEthereum Network is the blockchain that MEXC Global relates to, so it's worth reading more about it below.
Ethereum offers a blockchain that’s available to everyone. All you need is a wallet to participate. Ethereum offers open access to data-friendly services and digital money, no matter your location or background. More so, it’s a community-based tech behind thousands of applications that you can use today and the ETH cryptocurrency...
›› Read our full Ethereum Network review here
Ethereum Blockchain - The Internet of Assets.
Read the MEXC Global Terms and Conditions here.
MEXC Global Review Published: Thursday, 20 Oct 2022 11:56 am
Last Updated: Thursday, 16 Mar 2023 7:15 am