MEXC Global Review Summary
- MEXC Global has the most generous non-KYC withdrawal limit among crypto exchanges
- MEXC Global has FREE crypto spot trading and maker derivative trading
- MEXC Global offers a $ 1,000 SignUp bonus
What is MEXC Global Crypto Trading Platform?
Established in April 2018, the MEXC Global Crypto Exchange is one of the world’s leading cryptocurrency trading platforms. This is especially true regarding crypto perpetual trading and spot altcoin trading.
Where is MEXC headquarters located?
The company was founded in 2018 and is based in Victoria, Seychelles.
How many users does MEXC have?
MEXC Global has more than 7 million users around the world.
What are the MEXC Global non-KYC withdrawal limits?
You can withdraw 20 BTC per day for a non-KYC account. See full details in the article.
Is MEXC Global available in the United States?
The United States is restricted according to the terms and conditions. Still, MEXC has the most generous non-KYC withdrawal limits. See the best crypto trading platforms for the USA.
Is MEXC Globabl available in Canada, CA?
Canada is a restricted country according to the MEXC public terms and conditions. However, MEXC has outstanding non-KYC requirements. See the best crypto trading sites for Canada.
MEXC $1000 Signup Bonus
- You can get up to $1000 USDT with MEXC. Read the full terms and conditions for the signup bonus.
MEXC Global Crypto Trading Fees
Here, we have summarized the
- 0% Spot Maker & Taker Fees
- 0% Futures Maker Fee, 0.01% Taker Fee
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
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 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.
MEXC Global non-KYC Withdrawal Limits
MEXC Global has among the most generous non-KYC withdrawal limits.
You can withdraw up to 20 BTC per 24h without verification.
Compare all the KYC levels and all the non-KYC withdrawal limits for the best crypto trading sites.
MEXC Account Security Features
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
We list all the MEXC features
MEXC Global – Trade
MEXC Spot Trading
MEXC Margin Trading
Most crypto trading platforms also offer margin trading. Here, you trade spots with leverage.
Buy Crypto with Visa/Mastercard
You can buy crypto via 3rd part services like Simplex, Banxa, or Mercury via credit card. The fees are hidden, but the exchange rate is horrible, and you should look for another fiat deposit method. If you live outside the US, check Binance. If you live in the US, check Kraken or Coinbase.
MEXC PUSH P2P
This is a peer-to-peer exchange. Volumes are limited, and there is a terrible exchange rate. The only reason to use this option is if you hold fiat currency in a very rare e-wallet or similar.
MEXC Global – Derivatives
MEXC Leveraged ETF
A fund managed by a professional financial team from MEXC. Each ETF product corresponds to a certain number of futures positions.
The fund manager dynamically adjusts the futures positions to keep fixed leverage for the product for a certain period. A professional team is responsible for managing and maintaining the investment portfolio. Some trading sites market this product as crypto trading leveraged tokens.
MEXC Perpetual Futures
MEXC is only offering perpetual trading (no futures). They are offering many different markets.
MEXC Index ETF
MEXC Exchange provides nearly ten ETF index trading combinations such as the DeFi portfolio, Polkadot ecosystem portfolio, Coinbase Investment Index, Public Chain Index, and NFT index.
Futures Trading Competition
MEXC is continuously offering different futures trading competitions. Last, the first price was a Tesla 3 in March 2022.
MEXC Global – Earn
Launchpad: MEXC Launchpad provides MX Token holders with an exclusive, low-cost opportunity to invest early in project tokens.
Kickstarter: This is a pre-launch stage of a project in which the project initiates voting for the launch on MEXC and then airdrops its tokens for free to all successful voting users.
If the set goals are unmet, MEXC will cancel the listed project and unlock the voting token. This event is designed to attract more premium projects to list on MEXC and provide free airdrops to MEXC users.
MX-Defi: Stake different coins to earn rewards. Some examples are ETH, BTC, UST and USDT.
M-day: Get rewarded for trading major cryptocurrencies and holding MX
MX-zone: MX is the official token of the MEXC platform. 100% of the profits from spot trading and ETFs on MEXC will be burned through MX. Current uses of MX include fee deduction, project listing voting, airdrop bonuses, MX DeFi mining, and more.
Slot Auction: Participate in DOT and KSM slot auctions.
Assessment Zone Voting: Vote for your favorite projects in the assessment zone and receive trading fee rewards
Staking and ETH 2.0 Staking: See the table below for rates. See also the best exchanges to stake ETH.
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
- They have among the most listed cryptocurrencies and trading pairs
- MEXC has among the lowest perpetuals trading fees together with other platforms
- Most generous non-KYC withdrawal limits.
- Free crypto trading fees for spot trading and maker futures trading fees.
MEXC Global Cons
- The trading volume is not the best on the market.