MEXC global crypto trading review 2022 feature image with girl and a MEXC sign

MEXC Trading Platform Futures Leverage Trading Fees – Review

MEXC SignUp Bonus and Review Summary

MEXC 1000 USDT Trading Bonus

MEXC Global Sign up bonus 1000 USDT futures trading

You can get up to 1000 USDT with MEXC. 

Random Rewards 5-30 USDT
First single transfer ≥ 500 USDT, and maintain a net transfer-in of at least 500 USDT for seven consecutive days and Total trading volume ≥ 10,000 USDT.

Random Rewards 10-50 USDT
First single transfer ≥ 1,000 USDT, and maintain a net transfer-in of at least 1000 USDT for 7 consecutive days and Total trading volume ≥ 120,000 USDT.

Random Rewards 30-100 USDT
First single transfer ≥ 3,000 USDT, and maintain a net transfer-in of at least 3000 USDT for 7 consecutive days and Total trading volume ≥ 600,000 USDT.

Random Rewards 50-200 USDT
First single transfer ≥ 6,000 USDT, and maintain a net transfer-in of at least 6000 USDT for 7 consecutive days and Total trading volume ≥ 1,500,000 USDT.

Get 5 USDT
7-Day Futures Cumulative Trading Volume. Complete futures cumulative trading volume ≥ 100,000 USDT and receive a 5 USDT reward!

Get 30 USDT
7-Day Futures Cumulative Trading Volume. Complete futures cumulative trading volume ≥ 3,000,000 USDT and receive a 30 USDT reward!

Get 40 USDT
7-Day Futures Cumulative Trading Volume. Complete futures cumulative trading volume ≥ 4,000,000 USDT and receive a 40 USDT reward!

Get 5 USDT
Experience Flash Close for the First Time. Complete your first Flash Close to receive 5 USDT!

Get 5 USDT
Utilise Take Profit & Stop Loss. Complete your first-experience of placing a TP/SL order to receive 5 USDT!

Get 10 USDT
Total Futures Trading Volume (≥ 21x). Apply ≥ 21x leverage and accumulate a total futures trading volume ≥ 50,000 USDT in 7 days to receive 10 USDT reward!

Get 10-500 USDT
Cumulative Futures Trading Value. Complete futures cumulative trading volume ≥ 6,000,000 USDT and receive a random 10-500 USDT reward!

Get 150 USDT
Cumulative Futures Trading Value. Complete futures cumulative trading volume ≥ 10,000,000 USDT and receive a 150 USDT reward!

Read the full terms and conditions for the signup bonus.

What is MEXC Global Crypto Trading Platform?

Here are ten essential and unique facts about MEXC Global, one of the best trading sites for crypto:

  1. Founded in 2018: MEXC Global was established in April 2018, initially known as MXC. In 2021, it rebranded to MEXC Global to enhance its global compliance strategy.

  2. Extensive Cryptocurrency Selection: The platform supports over 2,050 cryptocurrencies and more than 1,650 trading pairs, making it one of the most comprehensive exchanges regarding the number of available assets.

  3. Global Reach: MEXC is available in many countries. In addition, MEXC has the most generous non-KYC withdrawal limits of all crypto exchanges.

  4. Competitive Fees: MEXC Global offers the lowest spot trading fees(0%) and very low futures trading fees (0% for makers and 0.03% for takers). Holding the MX token grants a 10% discount on fees.

  5. Native Token: The exchange has its native token, MX, which participates in multiple trading pairs and reached an all-time high of $3.7 on December 2, 2021.

  6. Diverse Trading Markets: Besides spot trading, MEXC provides margin trading, futures trading with up to a maximum of 200x leverage, and leveraged ETFs.

  7. Staking Program: MEXC offers a staking program with attractive yields and daily rewards distribution. The exchange supports staking ETH and other cryptocurrencies, including USDC, USDT, and BTC.

  8. Launchpad for IEOs: The MEXC Launchpad allows users to participate in Initial Exchange Offerings (IEOs) of new cryptocurrency projects, providing early access to promising ventures.

  9. User-Friendly Interface and Security: The platform is designed to cater to both novice and experienced traders and prioritizes security with measures like two-factor authentication and cold wallet storage.

  10. Multilingual Customer Support: MEXC provides responsive customer support with multilingual live chat agents, ensuring efficient problem resolution and customer satisfaction.

These facts highlight MEXC Global’s commitment to offering a wide range of services, ensuring competitive fees, and prioritizing user experience and security in the fast-evolving world of cryptocurrency trading.

MEXC Global Crypto Trading Fees

MEXC lowest futures trading fees with the MX token discount

Here, we have summarized the 

  • 0.1% Spot Maker & Taker Fees
  • 0.01% Futures Maker Fee, 0.05% Taker Fee

You can get even lower fees by paying the fees with the MX token or by holding the MX token. Hold 1000 MX tokens and get a 50% trading fee discount.

Compare all the lowest spot trading fees among all the top crypto trading sites.

MEXC VIP Levels

  • Gold: Total assets 300,000 USDT
  • Diamond: Total assets 1,000,000 USDT
  • Premium: Total assets 2,000,000 USDT

MEXC VIP Benefits include:

  • Exclusive Trading Fees
  • MEXC VIP Icon
  • Personal VIP Service Group
  • MEXC Industry Analysis Report
  • Holiday & Birthday Gifting
  • Exclusive VIP Events
  • 24/7 VIP Customer Service
  • Express Deposit & Withdrawal Channel
  • Withdrawal Limit Increase
  • MEXC Affiliate Program
  • Prioritized Invitation to MEXC’s Offline Events
  • Priority in New Product Beta Test
  • High-quality Projects Subscription
  • MEXC VIP Private Seminar

Read more about the best crypto exchange VIP programs.

What are MEXC Global Deposit Methods?

There are no fiat deposit methods available at MEXC global trading. You can buy crypto directly via your VISA or Mastercard. However, the exchange rate was very bad when we tested this feature. All in all, you will get 8.5% below the market price listed on Coingecko

Still, remember that many platforms charge a credit card fee of around 2-4%, and there is always an additional exchange fee.

However, 8.5% is way too much, and you should look for alternative platforms to deposit fiat currencies.

Conclusion: MEXC is not an excellent crypto trading platform for fiat deposits and withdrawals. Look at Binance if you are outside the US and Coinbase or Kraken if you are in the US. Also, always avoid credit card deposits since they are very expensive.

MEXC Global SEPA Deposit Limits

Deposit EUR via SEPA Transfers to MEXC Estonia OÜ.

  • The service is only available to KYC users in the supported local jurisdictions.
  • Deposit limit: [Maximum Single Transaction Limit 8,000 EUR] ; [Maximum Daily Limit 8,800 EUR]

MEXC Global restricted countries

World Globe accepted and restricted countries

These countries are restricted from using the MEXC Global trading site: North Korea, Cuba, Iran, Sudan, Crimea, Mainland China, Singapore, Indonesia, Syria, Venezuela, Canada and the United States.

Still, MEXC has the most generous non-KYC withdrawal limits as you can see in the next section.

MEXC Global non-KYC Withdrawal Limits

MEXC Global Review KYC and Identity Verification

MEXC Global, a major cryptocurrency exchange, has varied withdrawal limits based on the level of Know Your Customer (KYC) verification completed by the user:

  1. Non-KYC Accounts:

    • Users are not required to complete KYC verification.
    • Signing up requires only an email or phone number with a secure password.
    • These accounts have a daily withdrawal limit of up to 30 BTC.
  2. Primary KYC Accounts:

    • Upon completing primary KYC verification, the daily withdrawal limit increases.
    • The specific limit for primary KYC accounts is 80 BTC per 24 hours.
  3. Advanced KYC Accounts:

    • Advanced KYC requires additional verification, including facial recognition authentication.
    • This verification is contingent upon having completed primary KYC.
    • Once advanced KYC is completed, the withdrawal limit increases to 200 BTC per 24 hours.
    • The review time for advanced KYC is approximately 48 hours.
  4. Institutional KYC Accounts:

    • These accounts are designed for institutional users and have a higher withdrawal limit.
    • The daily withdrawal limit for institutional KYC accounts is 400 BTC.

Overall, MEXC offers a flexible approach to KYC, allowing users to choose their level of verification and corresponding withdrawal limits. Users can start with a non-KYC account and gradually increase their withdrawal limits by completing different stages of KYC verification.

Compare all the KYC levels and all the non-KYC withdrawal limits for the best crypto trading sites.

MEXC Account Security Features

Crypto exchanges with Strong Security Features - A lock illustrated

In the table below, we have listed all the MEXC account security features.

Password: to access your account

Email Verification: Link your email address to your account for password recovery and withdrawal confirmation

Mobile Verification: Link your mobile number to your account to receive verification codes via SMS.

MEXC/Google Authenticator: Set up your MEXC/Google Authenticator to provide an extra layer of security when withdrawing funds or configuring your security settings.

Anti-Phishing Code: Emails will contain your anti-phishing code to protect against phishing attacks.

Disable Account: Disable your account immediately

MEXC Verify: Allows you to check whether phone numbers and social media accounts (e.g., Telegram, WeChat) claiming to be affiliated to MEXC Global are official MEXC channels.

MEXC Trading and Earn Features

MEXC Global Exchange offers a diverse range of trading products tailored to meet the needs of different traders:

  1. Spot Trading: Allows users to trade cryptocurrencies directly.

  2. Margin Trading: Provides traders the ability to trade with leverage, amplifying both potential gains and losses.

  3. Futures Trading: Offers perpetual futures with USDT and cryptocurrencies as collateral. This includes the maximum leverage on futures reaching up to 200x and a maximum margin leverage of 10x.

  4. Leveraged ETFs are exchange-traded funds that use crypto derivatives and debt to amplify the returns of an underlying index.

  5. Quantitative Trading (Automated Spot Grid): This enables automated trading strategies for optimizing returns.

  6. Copy and Demo Trading: Ideal for beginners, these features allow users to replicate the trades of experienced traders or practice trading in a simulated environment.

  7. Savings Products: Including lending and staking options, these allow users to earn interest on their digital assets.

  8. Launchpad for New Tokens: Provides early access to Initial Exchange Offerings (IEOs), allowing users to invest in new cryptocurrency projects.

These features and MEXC’s substantial daily trading volume make it a comprehensive platform for novice and experienced traders looking to diversify their trading strategies and investment portfolios.​

MEXC Global Crypto Trading Competitions

MEXC Global often arranges different crypto trading competitions and tournaments with great prize pools and rewards. 

Here, you will have the chance to boost your crypto portfolio, and many events are held to promote both low-volume and large-volume traders. 

Read more about the current best crypto trading competitions with the highest prize pools.

MEXC Pros and Cons

Below, we have summarized this MEXC global review with pros and cons.

MEXC Global Pros

MEXC Global Cons

  • The trading volume is not the best on the market.

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