MEXC Review 2025: Features, Pros and Cons

MEXC is among the major cryptocurrency exchange that often lists new coins at a faster pace compared to its competitors. It is known for providing low fees to its clients, frequent listings of new coins, and running many promotions. It is, however, unavailable in all regions.

Our verdict on MEXC

MEXC is a strong choice if you want access to many new coins and low trading costs. The app and web platform feel straightforward once you learn the basics. You can start with simple buy-and-sell orders, then try advanced tools later.

The big draws are coin variety, aggressive fee tiers, and frequent promotions. Funding and withdrawals support multiple methods, though availability varies by location. The mobile app is stable, and the interface stays consistent across devices.

Choose MEXC if you value a wide range of assets, competitive pricing, and the option to grow into advanced tools. Pair it with a trusted fiat wallet or provider if local banking support is limited. Start small, enable security features, and learn with spot trades before using leverage.

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Pros and cons of MEXC

Every platform has pros and cons. We have gathered the top pros and cons of the crypto exchange and its products.

MEXC pros

1. Low fees: Maker is 0% on spot and futures; taker is 0.05% spot, 0.02% futures. MX token discounts can further reduce costs for active traders.
2. Deep liquidity: Third-party data shows strong depth on major pairs, aiding faster fills and tighter spreads. Conditions still vary by pair.
3. Proof-of-Reserves: Merkle-tree PoR with public wallets covers BTC, ETH, USDT, and USDC. Users can self-verify balances against on-chain data.

MEXC cons

1. Regional access: Fiat on-ramps and some features depend on your country and verification level. Availability and limits vary.
2. Unavailable markets: Residents of the United States and Canada can’t register or trade on MEXC due to restrictions..
3. Listing pace: Fast listings can mean uneven liquidity and quality on smaller pairs. Slippage risk is higher in thin markets.

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About MEXC

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Launched in 2018, MEXC Global has emerged as a leading platform in the crypto trading industry. With teams based in key global locations, including Singapore and Seychelles, MEXC is renowned for its cutting-edge mega transaction matching technology, which processes up to 1.4 million trades per second. 

Besides spot trading, the platform offers margin trading, futures, leveraged, and index exchange-traded funds (ETFs). Serving more than 40 million users across 170+ countries, MEXC Global ranks as the second-largest centralized exchange by spot trading volume (by volume). Note that at the time of this writing, the exchange is not accepting any clients from the United States.

The exchange’s dedication to high performance and diverse trading options solidifies its role as a reliable option for beginners and advanced traders. MEXC affirmed that USDT, a popular stablecoin, will remain accessible to EU-based traders. Many exchanges have suspended Tether due to the implementation of the Markets in Crypto-Assets Regulation (MiCA).

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Is MEXC safe?

• Security: The exchange employs robust security measures to protect user funds, including multi-factor authentication (MFA), cold storage wallets, and regular security audits.
• Proof-of-reserves: MEXC now publishes Proof-of-Reserves and a transparency hub (“Proof of Trust”), plus a $100 million Guardian Fund for user protection.
  • On-chain aggregators show ~$4.9b in assets across chains as of today. Note: PoR reflects on-chain holdings and is not a full financial audit.
  • Over-collateralization: Major tracked assets, including BTC, ETH, and stablecoins (USDT/USDC), are backed by reserves exceeding 100%. BTC reserve ratio: Bitcoin reserve ratio was confirmed to be 129.85% (August 2025), providing a substantial security buffer above user holdings.
• Insurance: While the exchange doesn’t explicitly mention insurance coverage, it states that it has risk management strategies in place to safeguard user assets.
• Past hacks: No major hacks in the past, indicating a strong security track record. However in April 2025, an AWS outage affected multiple exchanges including MEXC, with a compensation plan pledged for platform-related losses.
• The platform has also reported actions against coordinated market manipulation groups (freezing 1,500+ accounts).
• Legal issues: MEXC complies with relevant regulations and has not faced any significant legal issues.
• Reputation: It has a generally positive reputation in the crypto community, with many users praising its features and services.

MEXC trust score | Source: CoinGecko

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MEXC new protection fund

In June 2025, MEXC announced the launch of a new protection fund, worth $100 million. In the event of major security breaches, users will be compensated directly from the protection fund. Knowing that your capital is safe on MEXC is a major plus and is likely to be the new standard among the leading crypto exchanges.

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MEXC liquidity performance

Reports by TokenInsight and Simplicity Group, released in November 2024, showed MEXC’s strong liquidity performance compared to other centralized exchanges.

In the past couple of years, MEXC has added over 240 meme coins, including exclusive initial listings that have witnessed a strong price surge (over 10,000%, according to reports).

It has contributed to the exchange’s success in attracting traders and increasing trading volumes. Besides liquidity depth, MEXC has attracted many large and popular cryptocurrency projects. Solayer, Story IP, and Analog all launched their tokens on the exchange, which signals MEXC’s global recognition.

Key liquidity metrics (November 2024 reports)

Based on reports from TokenInsight and Simplicity Group in November 2024, MEXC demonstrated leading performance across key liquidity indicators:

Metric	Value / Status	Source
Spot trading depth	$3.11B	Highest reported total spot depth among peers.
Total futures depth	Over $9.1B	Surpassing the collective totals of many major exchanges.
Futures slippage	Lowest slippage	Noted for the lowest slippage on futures sell orders of $1M and $5M.

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Strategic liquidity drivers

MEXC maintains this liquidity through proactive strategies and a commitment to user security:

• Zero-fee incentives: The platform’s offering of zero maker fees for standard users acts as a significant incentive for professional market makers to place limit orders, thereby continually increasing the depth and density of the order book and reducing price slippage.
• New token liquidity: The exchange is known for its rapid and extensive listing of trending tokens and altcoins, successfully bootstrapping liquidity for these assets and positioning itself as a primary market for emerging crypto sectors.

MEXC is monitoring market manipulations on the exchange

As MEXC is listing new tokens rapidly (some may have lower liquidity than other listings), it paves the way for manipulations on the exchange. On 03/25/25, MEXC announced it had detected and liquidated a group of market manipulators.

Following an internal investigation, MEXC identified two groups. One group operated in Vietnam (168 accounts), and the second group was from the Commonwealth of Independent States (CIS) countries (over 1,500 accounts). Some of these malicious activities included front-running, quote stuffing, layering, and spoofing. MEXC’s actions reflect zero tolerance for price manipulations and ensure a safe trading environment for its customers.

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MEXC key features and fees

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Feature	Description
Kickstarter events	Pre-launch events with user voting and airdrops.
Futures Trading	Involves a contract for trading an asset at a future specified price. “Buy long” futures allow investors to profit from price increases, while “sell short” futures hedge against price declines.
Futures Earn	Generate daily interest on your Futures funds automatically with MEXC’s Futures Earn.
M-Day	Lucky draw event for purchasing newly launched tokens. Users participate and receive token airdrops.
MX token	MEXC’s native token provides proof of equity for those who use MEXC. MX holders enjoy trading fee deductions, launchpad subscriptions, referral rewards, and offline payments.
Airdrops	MEXC’s airdrop events for Launchpad and Kickstarter campaigns. MEXC offered 50+ weekly airdrops, with token APYs over 100% and a 100 million USDT prize pool.
MEXC Meme+ Zone	In the Meme+ Zone, meme coins at an early stage can be traded without the need for a crypto wallet or private keys.

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MEXC trading features

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Feature	Description
Market analysis tools	Access charts, indicators, and other tools to analyze market trends.
Stop-Loss and Take-Profit Orders	Set automatic orders to manage risk and profit.
Price Alerts	Receive notifications when prices reach specific levels.
MEXC swap	Easily exchange one cryptocurrency for another.
Spot trading	Buy and sell cryptocurrencies directly.
Derivatives	Explore various derivative products beyond futures such as leveraged ETFs.
Margin Trading	Borrow funds to increase your trading position size.
Copy Trading	Automate your trading by copying the strategies of successful traders.

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MEXC other features

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Feature	Description
Academy	Participate in online courses and workshops.
MEXC Earn	Access various earning products like savings and financial products.
Launchpad	Participate in token sales of promising projects.
NFT Marketplace	Buy, sell, and trade non-fungible tokens.
API Integration	Connect to external trading platforms and bots.
Community forums	Connect with other traders and discuss crypto topics.
VIP loyalty program	Enjoy exclusive benefits and perks as a VIP member.

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MEXC deposit, withdrawal, and trading fees

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Method	Deposit	Withdraw
Bank account	Varies based on bank and region	Varies based on bank and region
Debit card	Fixed fee per transaction	Varies based on bank and region
Credit card	Processing fee + potential interest	Varies based on bank and region
PayPal	Varies based on transaction amount and currency	Varies based on transaction amount and currency

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Trading fees

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Market	Buy (taker)	Sell (maker)
Instant purchase	Varies (depending on method and asset)	Varies (depending on method and asset)
Spot market	0.05%	0%
Futures	0.02%	0%

VIP tiers and MX-based discounts apply.

MEXC offers flexible limits for both fiat and crypto transactions. Coverage remains regional and KYC-dependent. Supported bank rails include SEPA EUR deposits and withdrawals for verified EU users, alongside card purchases and regional options such as PIX in Brazil. When depositing with a credit or debit card, the per-transaction cap is 1,250 USD, 2,000 EUR, or 1,750 GBP. For users selling cryptocurrency via SEPA, the daily limit is 1,000 EUR.

On the crypto side, withdrawal limits are tied to verification status. Primary KYC accounts can withdraw up to 80 BTC, Advanced KYC raises this to 200 BTC, and institutional clients have a higher allowance capped at 400 BTC, which suits high-volume traders.

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Useful considerations when it comes to fees:

• MX token discounts: The native token provides trading fee discounts for holders of the MX token.
• Fee promotions: May periodically run promotions or campaigns on new listings offering reduced or waived fees.
• Network fees: Network fees may apply in addition to MEXC’s cryptocurrency deposits and withdrawal fees.

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MEXC new products

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MEXC Futures Earn

MEXC Futures Earn pays daily interest on eligible funds in your Futures account, with no lock-up and trading left intact. You can earn up to 15% APR on supported stablecoins, with automatic accrual. The feature lives inside MEXC Earn and activates with a single toggle. Interest is credited daily to your Spot account.

APR depends on your total futures position value and the token you hold. Below 100,000 USDT or USDC, all principal earns the base rate.
At or above 100,000, a higher APR applies to a capped portion, and the remainder earns the base rate. APR and limits may change based on platform rules.

Supported at launch for USDT and USDC, with one-click enable or disable. Primary KYC is required, and restricted regions or account types may be ineligible. The program launched on September 30, 2025, and is now live. Check the live page for current caps and token support.

Futures Earn APR tiers (official examples)

Token	Futures position value	Interest principal	APR
USDT	< 100,000 USD	Unlimited	3%
USDT	≥ 100,000 USD	0–25,000 USDT	15%
USDT	≥ 100,000 USD	Portion above 25,000 USDT	3%
USDC	< 100,000 USD	Unlimited	3%
USDC	≥ 100,000 USD	0–25,000 USDC	15%
USDC	≥ 100,000 USD	Portion above 25,000 USDC	3%

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PnL Margin

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PnL Margin lets you use unrealized profits from open futures positions as margin in Cross Margin mode. You keep winners open while increasing available funds for new or larger positions. The rollout began in mid-September 2025 and may require app version 6.25.0 or later. It’s positioned to improve capital efficiency without forcing position closures.

Eligibility rules apply before you switch it on for trading. Only newly opened Cross Margin positions can use PnL Margin, not Isolated Margin. It works in Single-Asset Margin mode; Multi-Asset mode follows different calculations. These constraints define where unrealized PnL can be counted as margin.

Margin availability updates dynamically as PnL changes on cross positions. MEXC documents the formula: Available Funds = Wallet Balance − Position Margin − Order Margin + Total unrealized PnL.
Using unrealized PnL increases exposure and also increases downside risk.

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MEXC supported cryptocurrencies

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MEXC offers a wide selection of over 1900 cryptocurrencies, providing users with access to over 2300 trading pairs.  Traders can explore various markets, including spot trading and futures markets, and earning opportunities through yield generation on selected assets.

MEXC’s most active trading pair is BTC/USDT, boasting a 24-hour volume of $1.6B. The platform supports 526 pairs for futures traders, with a 24-hour trading volume of $5 billion and an open interest of $2.66 billion, highlighting its robust futures market.

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MEXC app review

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The app is designed for traders who value convenience without compromising on features. Available on iOS and Android, the app mirrors the desktop experience, offering access to over 2300 trading pairs with real-time data, charting tools, and price alerts.

MEXC App

It is easy to use for beginners, while experienced traders can enjoy advanced features like futures trading with 0 maker fees and tight spreads. The app provides seamless navigation and execution, although the desktop version offers more in-depth chart customization.

Despite this, both platforms offer industry-leading liquidity and consistent performance. You’ll have access to features like P2P trading, staking, and real-time market monitoring, ensuring you’re always connected to the latest opportunities.

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User ratings of MEXC

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Platform	Rating	Number of reviews
Google Play	4.8	208k
Apple Store	4.8	848
Trustpilot	1.8	1k

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MEXC customer support

MEXC offers a range of customer support options to assist users with their inquiries and issues. Their help center provides comprehensive FAQs and guides on various topics, allowing users to find answers independently. If you require further assistance, the customer support team is available 24/7 to provide personalized support. They can be contacted through live chat, email, or by submitting a support ticket.

Contact options

• Live chat: Accessible directly on the MEXC platform ✅
• Email: Prompt responses to queries ✅
• Support ticket: Submit a ticket through the MEXC website ✅
• Social Media: MEXC’s official channels (Twitter, Telegram) ✅

Testing MEXC customer support

• Live chat: We initiated a live chat with MEXC customer support. After being guided through a series of automated responses that led us to the FAQ pages and some documentation, we finally connected with a helpful agent. The agent was knowledgeable and addressed our query efficiently.
• Email: We also sent an email over to MEXC support with a general inquiry and received a response within a few hours. The email response was informative and resolved my question.

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How to sign up on MEXC

Here’s a step-by-step guide on how to create an account on MEXC — broken down briefly:

1. Visit MEXC official website
2. Click “Sign Up”: This button is typically located in the top right corner of the homepage.
3. Choose a registration method: You can sign up using either your email address or mobile number.
4. Enter your information:
   • Email or Mobile Number: Enter your valid email address or mobile number.
   • Password: Create a strong password following the platform’s guidelines.
5. Complete verification: You might be asked to complete a verification process, such as entering a verification code sent to your email or mobile number.
6. Click “Sign Up”: Once you’ve entered all the required information and agreed to the terms, click the “Sign Up” button to create your MEXC account.

Disclaimer: The sign-up process may vary slightly depending on your location and MEXC’s current policies.

MEXC USDT bonus

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MEXC promotions

From November 15 to December 17, 2025, a special promotion event called ‘Golden Era Showdown’ is taking place. A share of 10,000,000 USDT can be earned during the event.

Daily Scratch-Offs, Weekly Spin Wheel, and Ultimate Lottery with a BTC giveaway are just some of the ways to earn prizes during the event. Register on MEXC to join the event.

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Final verdict

This MEXC review finds the exchange to be a legitimate platform. Many customers appreciate the exchange’s support for a wide range of assets. However, as the exchange lists relatively new tokens with low liquidity, caution is advised, as pairs with low liquidity and volumes may be more challenging to buy and sell.

MEXC offers a range of features and digital products, making it a top cryptocurrency exchange for both beginners and experienced crypto traders.

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FAQs