MEXC ranks #110 on the BitDegree exchange tracker, a leading platform for monitoring global cryptocurrency exchanges. With a robust 24-hour trading volume of $3.03 billion** and a **7-day volume exceeding $2.18 trillion, MEXC has established itself as a major player in the digital asset trading landscape.
As a centralized cryptocurrency exchange (CEX) based in Victoria, Seychelles, MEXC offers a comprehensive suite of financial tools including spot trading, futures markets, margin trading, ETFs, copy trading, and staking services. The platform supports over 1,500 digital assets and operates across 70+ countries, holding regulatory compliance in key jurisdictions such as Estonia, Australia, Switzerland, Canada, and parts of the United States. Fully KYC-compliant, MEXC ensures secure access via both desktop and mobile platforms.
Core Features of MEXC Exchange
Spot Market & Trading Pairs
The MEXC spot market hosts more than 2,100 trading pairs, primarily facilitating crypto-to-crypto transactions. New tokens are frequently listed, ensuring users have early access to emerging projects. This dynamic listing approach keeps the exchange competitive and responsive to market demand.
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Trading fees on the spot market follow a fixed maker rate of 0.200%, with takers charged similarly. However, holders of the native MX token enjoy a 20% discount on trading fees, enhancing cost-efficiency for active traders.
Futures & Leverage Trading
MEXC supports two types of futures contracts:
- USDT-margined (USDT-M)
- Coin-margined (COIN-M)
Traders can leverage up to 125x, enabling high-potential returns—though with increased risk. These instruments are also used for hedging spot positions, offering strategic flexibility.
Futures fee structures are tiered across seven levels (LV 0–LV 6), determined by either 30-day trading volume or futures wallet balance (both measured in USDT). At LV 0, users with less than $10,000 in wallet balance or under $10M in 30-day volume face a base maker fee of 1%, reduced post-discount to 0.020%, and taker fee to 0.060%.
At the highest tier (LV 6), users must maintain at least $500,000 in futures wallet balance** and **$500 million in 30-day trading volume. Here, discounted rates drop further to 0.014% for makers and 0.042% for takers, rewarding high-volume participants.
Additionally, MEXC offers paper trading (market simulation), allowing users to test strategies risk-free before deploying capital.
Copy Trading & ETFs
MEXC enables copy trading, where users mirror the trades of proven market leaders. This feature is ideal for beginners seeking expert guidance while maintaining control over their funds.
The exchange also offers two types of Exchange-Traded Funds (ETFs):
- Leveraged ETFs (up to 5x leverage)
- Index ETFs
Leveraged ETFs trade like regular spot assets but require both trading fees and a small daily management fee of 0.001%. They rebalance automatically, making them suitable for short-term exposure without managing margin manually.
Grid & Algorithmic Trading
Quantitative traders benefit from MEXC’s support for grid trading strategies on the spot market. Users can set custom parameters or deploy automated bots—without incurring additional exchange fees—making it an efficient tool for capitalizing on market volatility.
Staking & Passive Income: MEXC Earn
MEXC provides passive income opportunities through its staking platform, branded as MEXC Earn. Two options are available:
- Flexible Staking: Funds can be withdrawn anytime.
- Locked Staking: Assets are committed for a fixed period and cannot be accessed until maturity.
This dual approach caters to both liquidity-seeking investors and those focused on long-term yield optimization.
Innovation & Ecosystem Growth
Launchpad & Kickstarter
To foster blockchain innovation, MEXC runs two launch programs:
- MEXC Launchpad: Offers early access to new tokens at favorable rates.
- Kickstarter: A voting-based platform where the community decides which pre-launch projects receive funding and listing priority.
These initiatives strengthen MEXC’s role as a bridge between retail investors and promising Web3 ventures.
MEXC Pioneer & DeFi Support
Launched in November 2021, MEXC Pioneer supports emerging decentralized finance (DeFi) projects by providing financial backing and technical resources. It reflects MEXC’s commitment to advancing blockchain infrastructure beyond just trading.
Trade-to-Earn (Trading Mining)
MEXC incorporates gamification through its trade mining program, where users earn rewards from a shared prize pool by trading selected tokens. Notably, this feature excludes API and institutional traders to ensure fairness for retail participants.
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Company Background & Leadership
Founded in 2018 by economist Metin Mehmet Durgun, MEXC originally operated as MXC Exchange. In June 2021, it rebranded to MEXC Global to reflect its expanding international footprint. While initially headquartered in Singapore, the company now operates from Seychelles.
Under Durgun’s vision, MEXC grew rapidly—reporting over 5 million monthly visitors in 2021 and surpassing 7 million users by 2022. That same year, MEXC partnered with BitKan, a crypto brokerage platform, to expand its distribution network.
Current CEO John Chen Ju, a computer scientist with experience at tech firms like iTechBlack and Zallchain, took leadership in May 2021. His background in startup ecosystems drives MEXC’s focus on innovation and user-centric development.
Funding & Withdrawal Options
MEXC does not charge deposit fees. Withdrawal fees are dynamic, calculated based on real-time network congestion rather than transaction value—ensuring predictable costs regardless of withdrawal size.
Users can fund accounts via:
- Credit/debit cards
- Bank transfers
- Peer-to-peer (P2P) trading (ideal for large-volume transactions)
Frequently Asked Questions (FAQ)
Q: What is the native token of MEXC?
A: The native utility token is MX. Holding MX provides benefits such as reduced trading fees and access to exclusive Launchpad events.
Q: Does MEXC offer leverage trading?
A: Yes, MEXC supports up to 125x leverage on futures contracts through both USDT-margined and coin-margined products.
Q: Is identity verification required on MEXC?
A: Yes, MEXC is KYC-compliant. Users must complete identity verification to unlock full functionality, including withdrawals and advanced trading features.
Q: Can I try trading strategies without risking real money?
A: Absolutely. MEXC offers a paper trading (market simulation) feature that allows users to practice with virtual funds.
Q: How does copy trading work on MEXC?
A: Copy trading lets you automatically replicate the trades of experienced traders. You choose whom to follow and allocate your capital accordingly—all within the same platform.
Q: Are there staking options with flexible withdrawal terms?
A: Yes, MEXC Earn offers both flexible staking (instant withdrawals) and locked staking (higher yields with time commitment).
Final Thoughts
MEXC stands out as a versatile and globally accessible cryptocurrency exchange that balances innovation with practicality. From high-leverage futures and algorithmic trading tools to staking, ETFs, and community-driven project launches, it delivers a full spectrum of services tailored to both novice and experienced traders.
With strong leadership, regulatory alignment in multiple regions, and continuous product evolution, MEXC remains a compelling choice in the competitive CEX landscape.
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