MEXC Exchange Review 2025: Features, Pros and Cons, and Trading Analysis

Overview of MEXC

👉 MEXC Exchange is a leading centralized cryptocurrency exchange (CEX) specializing in spot and futures trading. The platform supports over 2,000 trading pairs, allowing users to purchase crypto via credit/debit cards, bank transfers, or peer-to-peer (P2P) services. Additional features include copy trading, savings accounts, ETFs, and launchpad opportunities.

Operating globally, MEXC serves 10+ million users across 170+ countries. Below, we analyze its functionalities, fees, security, and user experience.

Key Features of MEXC

1. Supported Markets:

   • Spot trading
   • Futures (up to 200X leverage)
   • P2P trading
2. Trading Pairs: 2,213+ (including BTC, ETH, SOL, and XRP)
3. Fees:
   | Market | Maker Fee | Taker Fee |
   |--------|-----------|-----------|
   | Spot | 0% | 0% |
   | Futures| 0% | 0.01% |

4. Deposits/Withdrawals:

   • Minimum deposit: Varies by asset (e.g., 0.01 USDT for TRC-20).
   • Withdrawal fee: 0.0003 BTC for Bitcoin; 20 USDT for TRC-20 USDT.

5. Security:

   • Optional KYC verification (limits: 30 BTC/day for unverified accounts).
   • Two-factor authentication (2FA) via Google Authenticator.

Step-by-Step Guide: How to Trade on MEXC

1. Account Registration

• Visit the official website.
• Click Sign Up and enter your email/phone + password.

2. Deposit Funds

• Navigate to Wallet → Deposit.
• Select a cryptocurrency (e.g., USDT) and network (e.g., TRC-20).

3. Spot Trading

• Go to Spot → Select a pair (e.g., ETH/USDT).
• Choose order type: Limit/Market/Stop-Limit.

4. Withdraw Funds

• Under Wallet → Withdraw, enter the destination address.

Pros and Cons

Pros:
✅ Zero trading fees for spot markets.
✅ High liquidity with 2,000+ pairs.
✅ Up to 200X leverage in futures.

Cons:
❌ No fiat deposits (crypto-only).
❌ High withdrawal fees for some assets.

FAQs

1. Is KYC mandatory on MEXC?

No—unverified users can trade with a 30 BTC/day withdrawal limit.

2. What’s the minimum deposit?

Varies by asset (e.g., 0.01 USDT for TRC-20 USDT).

3. How do I reduce trading fees?

Use MX tokens for a 10% discount on futures fees.

Conclusion

MEXC is a versatile platform for both beginners and advanced traders, offering diverse markets and low fees. While its crypto-only deposits and withdrawal costs may deter some users, its high leverage and P2P options make it a competitive choice.

👉 Start trading on MEXC today!

Voted by 256 users (1.56% approval).

Note: This review is based on 2025 data and may be updated for accuracy.