MEXC Review 2025

MEXC is a crypto exchange with leverage up to 200x and a 0.05% spot trading commission. The company uses KnownSec and Zhangyu technologies to maintain the safety of its platform.

This exchange has received a 50/100 trust score from the ScamAdviser platform.

Company Specifics + Regulation

MEXC, founded in April 2018 and registered in Seychelles, has rapidly ascended to become a major player in the cryptocurrency exchange market.

With its "high-performance and mega transaction matching technology", MEXC has attracted over 10 million users across more than 170 countries.

There's no specific information about the regulatory status of this crypto exchange; the official website says that it is "regulated either directly or through affiliates".

MEXC CEO

MEXC has faced leadership changes and social media confusion. John Chen has resigned as MEXC CEO, but the exchange has not disclosed his successor.

Adding to the uncertainty, the MEXC-CEO Twitter account was deleted, sparking rumors and speculation across the community.

• John Chen, based in Singapore, served as MEXC CEO (2021–2022) before moving to other leadership roles;
• He officially resigned in December 2022; no replacement has been named on the exchange’s website;
• The MEXC-CEO Twitter account, never verified, was deleted in December 2023, fueling misinformation;
• MEXC clarified that the account had no official ties and pledged stricter transparency in future leadership updates.

Key Features and Details Summary

The exchange offers a comprehensive suite of features designed to cater to both novice and experienced traders. Here's a snapshot of what it brings to the table:

Benefits and Drawbacks

Every cryptocurrency exchange comes with a set of advantages and disadvantages in its services. Let's break down the pros and cons of trading with the above-mentioned exchange:

What Are The User Verification Levels on MEXC?

Based on the investigations of the website and the platform in general, the company has designed a simple two-level system for verifications. We are going to explore each level in the table below:

Commissions and Non-Trading Fees

MEXC prides itself on offering ultra-low fees to its users, and it's not a far-fetched assertion; however, there is no leveling system based on trading volume, and the cost is the same for all traders. Trading Fees:

Regarding non-trading costs:

• Withdrawal fees are dynamically calculated based on network conditions;
• No deposit fees charged by the exchange.

Tradable Digital Assets on The Platform

This exchange offers an impressive array of tradable cryptocurrencies:

• Total Cryptocurrencies: 2,800+
• Notable Assets: Ethereum (ETH), Bitcoin (BTC), XRP, Solana (SOL), Cardano (ADA)
• Native Token: MX
• Popular Categories: Meme coins (e.g., PEPE), DeSci, AI, Real World Assets, and more

Also, for futures trading, there are over 590 pairs available. The platform's wide range of tradable assets allows users to easily diversify their portfolios and access both established and emerging digital assets.

MEXC supports a wide range of blockchain networks to enhance deposit and withdrawal flexibility. Among the supported networks are:

• Ethereum (ERC-20)
• Binance Smart Chain (BSC)
• Tron
• Arbitrum One
• Polygon, Solana
• Avalanche (C-Chain)
• Optimism
• Near
• Polkadot
• Sui
• Ripple
• EOS
• Celo
• OKT
• Injective
• Sei
• Vanar Chain

Futures Market and Margin Trading

MEXC offers both futures markets and margin trading options. Here's a breakdown of the company's futures trading specifics:

• USDT-M and COIN-M perpetual futures
• Trading with a leverage of up to 200x
• Lower spreads
• VIP program for exclusive services and benefits

How to Sign Up and Go Through The KYC Verification

The process of MEXC registration is seamless and secure, allowing instant access to crypto markets with the option to upgrade your account through full identity verification.

#1 Start MEXC Registration

Go to the official MEXC website and click “Sign Up” at the top.

#2 Enter Your Details in MEXC Form

Sign up using your email or phone number and create a secure password. You can also register via Google, Apple, MetaMask, or Telegram.

#3 Email Confirmation in MEXC

Check your inbox for a 6-digit verification code, enter it to activate your account.

#4 Access the Identification Section

Log in to the client dashboard, click the avatar, and select "Identification" to initiate MEXC verification.

Choose between Primary KYC or Advanced KYC. To maximize benefits, click "Verify via Web" under Advanced.

#5 Upload ID & Complete Facial Scan

Select your country, then upload one of the accepted documents:

• Passport
• National ID card
• Driver’s license
• Residence permit

Ensure images are clear and under 5 MB. Next, enable your camera and complete a facial scan.

#6 Check Verification Status

Return to the Identification page to track approval. Once verified, your account will have full access to deposits, withdrawals, and fiat trading options.

Spot Trading Guide on MEXC

Trading cryptocurrencies on MEXC Spot is straightforward and secure. Follow these steps to buy or sell any coin efficiently.

#1 Fund Your Account

Go to "Assets > Deposit". For crypto, copy the wallet address and transfer funds. For fiat, use available options such as card payments, P2P trading, or third-party gateways.

#2 Access the Spot Trading Interface

Select "Trade > Spot", search for your desired trading pair (e.g., BTC/USDT, ETH/USDT), and review charts, order book, and recent trades.

#3 Choose an Order Type

Select one of the provided order types:

• Limit Order: Set your preferred buy/sell price;
• Market Order: Trade instantly at the best available rate;
• Stop-Limit: Trigger automated trades at preset levels.

#4 Execute and Manage Your Trade

Enter the amount, confirm, and monitor open positions in "Open Orders". Track balances in "Assets" and adjust or cancel orders when necessary.

#5 Practice Risk Management

Use stop-losses, take-profit levels, and proper position sizing to protect capital and optimize long-term results.

MEXC Client Dashboard

The MEXC Client Dashboard provides traders with a centralized hub to manage their accounts, trading preferences, fees, and security with ease. From identity verification to referral tracking, every feature is available in your work station.

MEXC Profile

The Profile tab offers a quick overview of your account details, UID, and recent login activity. It also highlights event promotions and deposit bonuses.

• Displays account info and verification status;
• Shows deposit rewards and hot events;
• Provides a summary of login activity.

MEXC Security

The Security tab strengthens account protection through multiple layers of authentication and advanced fund safeguards.

• Two-factor authentication (2FA) with email, phone, and Google Authenticator
• Anti-phishing codes and login password management
• Withdrawal whitelist, device management, and freeze account options

MEXC Dashboard Identification

TheIdentification tab ensures compliance and unlocks higher withdrawal and trading limits through KYC verification.

• Primary KYC with ID verification;
• Advanced KYC adds facial recognition and higher limits;
• Enables up to 200 BTC daily withdrawal with full access.

MEXC Referral

The Referral tab rewards users for inviting friends, offering commission and event-based bonuses.

• Share referral link or code with friends;
• Earn lifetime commission up to 30%;
• Access exclusive referral events and promotions.

MEXC Trading Fees

The Trading Fees tab allows traders to manage and reduce transaction costs with MX token discounts.

• Spot and futures fee rates overview
• Up to 50% discount by holding MX tokens
• Maker and taker fees displayed per market

MEXC Withdrawal Addresses/Contacts

The Withdrawal Addresses/Contacts tab secures withdrawals by managing approved addresses and contact lists.

• Add, whitelist, or bulk-import addresses;
• Fast withdrawal options available;
• Ensures funds go only to trusted accounts.

MEXC Sub-Account Management

The Sub-Account Management tab is ideal for institutions and pro traders who need multiple accounts.

• Create and manage sub-accounts;
• Assign trading permissions and monitor activity;
• Isolate strategies under one main account.

MEXC API Management

The API Management tab empowers traders with automation and integrations.

• Generate up to 30 API keys;
• Control trading, withdrawal, and data permissions;
• Restrict by IP for added security.

MEXC Account Settings

The Settings tab customizes your dashboard and trading interface for a seamless experience.

• Choose light/dark theme and interface style;
• Adjust order book and chart display preferences;
• Enable advanced options for candlestick and price details.

Trading Platforms and Offered Applications

The company offers a decent trading ecosystem through its proprietary platform. The software features a user-friendly interface with a "million-level high-performance matching engine technology" for optimal experience. The platform is accessible through:

• MEXC Android App
• MEXC iOS App
• Web
• Windows

MEXC Trading Volume

MEXC, a globally recognized cryptocurrency exchange, reported three-month trading volumes ranging from $2B to $8B daily.

Significant surges in mid-July and mid-August reflect growing investor demand and sustained liquidity across its diverse range of digital asset markets.

• Daily Range: $2B–$8B over 3 months;
• Mid-July Surge: Spikes exceeded $7B in trading activity;
• August Highs: Peaks near $8B signal strong momentum;
• Steady Liquidity: Rarely fell below $2B daily;
• Global Engagement: Consistent activity reflects active trader participation.

MEXC Services

MEXC, a leading global cryptocurrency exchange, offers TradingView integration, API access, P2P and OTC trading, demo accounts, launchpad access, referral rewards, and a decentralized exchange (DEX).

These features provide flexibility and accessibility for both beginner traders and professional investors worldwide.

How Secure is MEXC Exchange?

The company implements several security measures to protect user funds and data. Let's see what the exchange has done in this regard:

• Combination of hot and cold wallets for user funds and assets
• +100% Reserve rate for flawless withdrawals
• Futures insurance fund covering losses exceeding the margin level
• KnownSec and Zhangyu technology for the security of the trading platform
• SSL encryption certification is valid until December 13, 2024
• Multi-signature and offline signing protocols

While MEXC demonstrates a commitment to security and compliance, users should always exercise caution and conduct their own research when using any cryptocurrency platform.

MEXC Security Rankings

The exchange demonstrates strong security with a 90/100 AAA rating on CER.live and an 87.33 AA score on CertiK Skynet, backed by penetration tests, bug bounty, and ISO 27001 compliance.

The MEXC CertiK Skynet profile showcases high cybersecurity (97.68) and market performance, which further enhances its global trustworthiness.

Category	Metric	Value
CertiK Skynet Score	Overall Score	87.33% (AA)
	Operational	92.10%
	Market	94.75%
	Cybersecurity	97.68%
	Fundamental	72.37%
	Listing Security	86.06%
	Community	80.80%
CER.live Security Score	Overall Score	90% (AAA)
	Server Security	100%
	User Security	100%
	Penetration Tests	100%
	Bug Bounty	100%
	ISO 27001	Yes
	CCSS	No
	Funds Insurance	Yes

Funding Options; Is Fiat Deposit Possible?

The exchange provides a decent list of methods for depositing and withdrawing funds in various forms and currencies. Let's have an overview:

• Debit/Credit Card Purchases: Support for Visa and Mastercard
• Bank Transfers: EUR deposits via SEPA
• Third-Party Methods: Banxa, Moonpay, and Mercuryo
• Digital Asset: Crypto wallet transactions

These methods can be used either for direct fiat deposits and withdrawals or for buying and selling digital assets with fiat currencies. Also, direct crypto transfers are supported.

MEXC Visa/MasterCard Deposit

Funding your account with a credit card is one of the fastest ways to purchase USDT. The MEXC VISA/MasterCard deposit process takes less than five minutes and requires your card details along with SMS verification.

#1 Start from Quick Buy

Go to "Deposit > Quick Buy". Enter your purchase amount (e.g., 15 USD), choose "Debit/Credit Card" as the payment method, and click "Buy USDT" to proceed.

#2 Enter Card Details & Verify SMS

Fill out the billing form with the following information:

• Cardholder name
• Number
• Expiry date
• CVV
• Address

Click "Continue" and enter the 6-digit SMS code sent by your bank to confirm the transaction.

#3 Confirm in Wallet

Navigate to "Wallets > Fiat" to view your updated USDT balance. The transaction details will also appear in the Fiat section. This same method is available for Visa withdrawals.

How to Deposit Crypto to MEXC

Depositing crypto to MEXC requires selecting the correct token and network, then transferring from your external wallet securely.

#1 Log In to MEXC

Access your account through the official MEXC website.

1. Click "Log In" at the top right;
2. Go to the "Wallets" and select "Spot".

#2 Open Deposit Page

Start your deposit process from the Spot Wallet. Click on "Deposit" on the right side of the screen.

#3 Select Token & Network

Generate your unique deposit address by choosing the right coin and chain.

• Copy the deposit address and paste it into your withdrawal platform;
• Ensure the network matches on both platforms; otherwise, funds may be lost;
• Some tokens (e.g., EOS) require a Memo along with the address.

#4 Withdraw from External Wallet

Transfer funds from your personal wallet to MEXC.

1. For example, in MetaMask, click "Send".
2. Paste the MEXC deposit address into the withdrawal field;
3. Select the same network as chosen on MEXC.

#5 Confirm Transaction

Finalize the transfer by reviewing all details carefully.

1. Enter the amount to send and click "Next";
2. Check transaction fees and confirm accuracy;
3. Click "Confirm" to complete the transfer.

Your crypto will appear in yourMEXC Spot Wallet once network confirmations are completed.

How to Withdraw Crypto on MEXC

MEXC supports both on-chain crypto withdrawals to external wallets and internal transfers between MEXC users.

Crypto Withdrawals on MEXC

Withdraw coins securely to an external wallet by entering accurate details and completing verification.

#1 Access the Withdrawal Page

Start by logging into MEXC and navigating to the withdrawal section.

1. Go to the official MEXC website;
2. Click "Wallets" in the top-right corner;
3. Select "Withdraw" from the dropdown menu.

#2 Enter Withdrawal Details

Provide the required information for your crypto transfer.

1. Choose the cryptocurrency you want to withdraw;
2. Input the withdrawal address (recipient wallet address);
3. Select the network (e.g., ERC20, TRC20, Bitcoin);
4. Enter the amount and click "Submit".

#3 Complete Security Verification

Confirm the withdrawal request through two-factor authentication.

1. Check your email for the verification code and enter it;
2. Open your Google Authenticator app and input the code;
3. Submit the request for processing.

#4 Wait for Processing

Allow time for blockchain confirmation and status updates.

• Track progress under "Withdrawal Status" in your account;
• Transaction time varies based on network traffic;
• Status will show Completed once finalized.

Internal Transfers on MEXC

Transfer crypto instantly between MEXC accounts with no blockchain fees.

#1 Access the Transfer Page

Begin by selecting the internal transfer option on MEXC.

1. Log into your account;
2. Click "Wallets" at the top;
3. Choose "Withdraw".

#2 Choose the Cryptocurrency

Select the token you want to transfer internally.

• Pick the desired crypto from your account balance;
• Verify that it supports internal transfer.

#3 Enter Recipient Information

Provide details of the MEXC user receiving the funds. Choose "MEXC User" and enter the recipient’s information, including:

• Email
• Phone Number
• UID

Note: One of the mentioned details is enough for MEXC Internal Transfer.

#4 Input Transfer Amount

Specify the amount of crypto you want to send.

• Fill in the transfer amount field;
• Double-check before clicking "Submit".

#5 Verify the Transfer

Confirm your internal transfer using security authentication.

1. Enter the email verification code sent to your inbox;
2. Provide the Google Authenticator code;
3. Click "Submit".

#6 Complete the Transfer

The transaction is processed instantly within MEXC.

• No blockchain fees apply;
• Funds appear immediately in the recipient’s account.

Trust Scores and Expert Evaluations

Despite MEXC's efforts to provide a comprehensive trading platform, user reviews on the MEXC Trustpilot website paint a concerning picture:

• 1.3 out of 5
• More than 360 reviews
• 89% of the reviews are 1-star

The scores on "REVIEWS.io," another reputable platform, are not acceptable either:

• 1.8/5 score
• Over 210 reviews
• Only 21% of reviewers recommend the exchange

However, the company is an excellent choice based on CoinGecko's algorithms, getting a solid 9/10 on the website.

While CoinGecko has given a high score to MEXC, the volume and consistency of negative feedback and complaints suggest that potential users should approach the company with extreme caution.

Note that the scores and reviews mentioned in this section of the article are subject to change over time.

MEXC Features

Let's examine the availability of advanced options on the exchange; MEXC Features:

MEXC Promotions

MEXC regularly launches rewarding promotions, including DEX+ tasks, referral programs, mega giveaways, ecosystem campaigns, and futures trading bonuses.

These offers give users multiple opportunities to earn USDT, token airdrops, and exclusive rewards while actively trading or referring friends.

DEX+ Rewards

DEX+ gives users a gamified reward system through point collection. Completing daily, one-time, or referral-based tasks boosts multipliers and allows redemption for tokens.

• Earn +200–400 points for trading SOL/BNB;
• Gain +100 points for following MEXC on social media;
• Wallet connection and referrals unlock bonus multipliers;
• Airdrops available for Solana and pump.fun traders.

IP Infinity

The IP Infinity event combines zero-fee trading, staking, and prize pool rewards for new and existing users.

• Crypto Staking: Unlock 400% APR on IP (new-user exclusive);
• Deposits: Earn 2 IP for 100 USDT deposits (limited to 5,000 users);
• Spot Trading: Share 10,000 IP with valid volume;
• Futures Competition: Compete for 200,000 USDT bonuses.

CEX Rewards Hub

The Rewards Hub offers trading bonuses for futures traders with certain monthly volume requirements.

Futures M-Day

MEXC’s M-Day delivers daily futures trading rewards via Wonder Chests and referral bonuses.

• Prize Pool: 87,800 USDT, Gems, and surprise rewards;
• Daily Chests: Trade futures to unlock free rewards each day;
• Referral Bonus: Invite friends for 20 USDT futures credit;
• Conditions: Only valid USDT-M/COIN-M perpetual futures count.

Customer Services

MEXC offers a typical range of customer support options to assist users:

• Live Chat: Accessible on the website
• Email: service@mexc.com
• Ticket: Submittable via the exchange's website

Based on the available data, the customer services on the platform are offered 24/7, which is a strength.

Copy Trading and Other Investment Features

Copy trading is one of the most popular services in the financial industry for earning passive income. This feature is offered by the discussed exchange in the "Futures" domain with these statistics:

• More than $1B copy traded in total
• Over 2M successful trades
• +50,000 copy trading users

Also, a crypto staking service is provided with flexible conditions and decent APRs for 18 cryptocurrencies, including:

• APT
• USDT
• XRP
• BTC
• ETH
• DOGE
• SHIB

How to Activate MEXC Copy Trading Feature?

With MEXC Copy Trading, futures investors can automatically mirror professional traders’ strategies in just a few steps. This feature eliminates the need for advanced fundamental analysis and enables passive participation in the market.

#1 Access the Copy Trade Section

Log in to your MEXC dashboard, select "Futures", and click "Copy Trade" to open the social trading panel.

#2 Explore the Dashboard

Use quick tools like the Copy Trade Tutorial and apply to Become a Trader if you want to provide trading strategies. Explore trader lists ranked by ROI, PnL, or win rate.

#3 Select a Lead Trader

Browse trader profiles showing the following metrics:

• ROI
• PnL charts
• Follower count
• Profit-sharing rate

Review detailed stats, then click "Copy Trade" to start following.

#4 Customize Parameters

Choose one of the following trading mode:

• Smart Ratio
• Fixed Amount
• Fixed Ratio

Define investment limits, stop-loss, margin mode, leverage, and slippage controls for risk management.

#5 Manage Active Trades

Return to "Copy Trade" tab to track equity, PnL, and trader performance. Adjust settings, review open/closed positions, or stop copying at any time.

Restricted Countries and Regions

While MEXC serves users in over 170 countries, it faces restrictions in certain regions, which include, but are not limited to:

• North Korea
• Cuba
• Sudan
• Syria
• Iran
• Crimea
• Hong Kong
• Mainland China
• United Kingdom
• Singapore
• United States
• Canada

Note that this list is non-exclusive and might change at any time. Therefore, always check the official sources for the most up-to-date information.

MEXC Comparison Table

Let's examine the differences between MEXC features and those of top exchanges; MEXC Comparison:

Writer's Opinion And Conclusion

MEXC provides the staking of 18 cryptocurrencies such as APT, USDT, BTC, ETH, SHIB, and more. The broker's verification system is based on 2 levels [Primary KYC, Advanced KYC,] each setting a certain level of 24h withdrawal limits.

"REVIEWS.io" visitors have given the discussed exchange a 1.8/5 rating with over 210 reviews.