The MEXC Company boasts great popularity among cryptocurrency users, standing tall among the top 10 exchanges for spot and futures trading volumes, backed by verified statistics. MEXC is available in 175 countries, while having a massive customer base of over 10.5 million users.
The company's current CEO is John Chen.
The MEXC Global exchange is fueled by its native currency – MX. The token offers several benefits to holders, including reduced trading fees, access to launchpad and kickstarter events, and the ability to generate passive income through staking.
Similar to other contemporary cryptocurrency trading platforms, MEXC provides clients with a mobile application for iOS and Android devices, in addition to its official website. This application grants users access to a diverse selection of handy trading tools, such as:
✅ Spot
✅ Futures
✅ Demo Trading
✅ Savings
✅ CopyTrade
✅ ETFs
✅ Kickstarter
✅ Launchpad
✅ P2P
As experienced crypto users can hardly be impressed by a variety of trading tools, MEXC places a key emphasis on its commission rates, which are significantly lower than those offered by competitor platforms.
Trading Fees
The trading fee rates are strikingly low compared to other top exchanges:
It is possible to reduce fee rates for futures trading by 10%. To do this, users must hold MX tokens in their account and enable the option for MX deduction, as shown in the image above.
Deposit & Withdrawal Fee Rates
If you want to see the current withdrawal fees for cryptocurrencies and the minimum amount of coins allowed for withdrawal, follow the steps presented in the image below:
Next, you need to scroll the page down a little and indicate the desired coin in the right corner. The information will be displayed on the screen.
How to Fund an Account?
The exchange supports several deposit methods, including:
- Visa and MasterCard cards (EUR, USD and GBP).
- Global Bank Transfer (EUR and GBP).
- Apple Pay and Google Pay.
- P2P (RUB, VND and KRW).
- MEXC MasterCard.
- Third-party services: Banxa, Simplex, Moonpay, Mercuryo (UAH. PHP, INR, BDT, KZT, IDR, TWD, MYR, PKR, THB, MAD, CHF, CAD, NGN, EGP, AUD, HKD, TRY, BRL, JPY, KRW, VND, USD, GBP and EUR).
- Cryptocurrency transfers from other crypto accounts.
Is Your Cryptocurrency Safe With MEXC?
The company regularly conducts and discloses the information about its reserves for public view:
Although the company openly shares information about its reserves, you want to follow the golden rule of keeping your precious assets off online exchanges. For the maximum safety of your crypto, you can consider non-custodial wallets that do not manage your seed phrase. The MEXC exchange should be considered as a convenient way to buy, sell, deposit, and withdraw cryptocurrencies.
Law-abiding individuals can rest assured that this exchange prioritizes the maintenance of its reputation and enjoys a high rating with authoritative resources. It is noteworthy that MEXC does not block user accounts. However, potential issues may emerge if the exchange finds out that the funds have been stolen or acquired through criminal activities.
Verdict
MEXC Global has masterfully developed an outstanding international cryptocurrency platform, providing its clients with a diverse selection of trading tools, top-notch customer care, and unbeatable low fees.