In this article, you will learn about MEXC Global, one of the top crypto exchanges.
MEXC Global is a centralized exchange that supports over 1000 crypto pairs.
It also offers a wide range of trading options and exclusive features.
Keep reading to know everything about the MEXC Global exchange.
Post Summary
This review has been grouped under the following subheadings.
- MEXC Global Overview
- Features Of MEXC Global
- MEXC Global Products And Services
- Native Token Of MEXC Global
- Supported Currencies And Countries
- Fees And Payment Methods
- Verification Requirements And Limits
- Customer Support And Public Opinion
- How To Get Started On MEXC Global
- Frequently Asked Questions
- Conclusion
Click on any of the listed items above for more details.
Enjoy reading this post!
1. Mexc Global Overview
Founded in 2018, MEXC Global is a centralized exchange that is user-friendly and provides real-time prices of crypto assets.
It is run by a team of professionals with wide experience in financial industries and blockchain technology.
MEXC Global has about 5 million users in more than 70 countries around the world.
And it aims to become a go-to platform for new and experienced investors.
Impressive, right?
Let’s take look at the amazing features of this exchange.
2. Features Of MEXC Global
- Trade charts
- Mobile App
- Trading Contests
- Institutional services
- Excellent user interface
- Extra earning programs.
In the next section, you will get to know the services offered
Read on!
3. MEXC Global Products And Services
Buy Crypto
This service enables you to buy BTC, USDT, ETH, LTC, BCH, TRX, and so on with fiat through the P2P platform or with credit/debit cards.
You can access this service from the top menu and make your crypto transactions with ease.
Market
“Market” shows you all the different trade options and cryptocurrencies that can be traded on this exchange.
Ranging from Spot to Margin, Derivatives, Leverage, and Futures trading.
Also, it shows you the different trading pairs.
Earn
This service allows users to earn extra income from several activities, which include:
- Launchpad: The MEXC Launchpad is a program that enables users to invest in well-chosen project tokens at a low cost.
- Kickstarter: The MEXC Kickstarter is a listing program where users can vote for their favorite project to earn rewards.
- MEXC M-Day: This is a program where users earn crypto airdrops by holding MX tokens and trading crypto.
In addition to the products mentioned here, MEXC Global also has its own native cryptocurrency, which will be discussed in the next section.
4. Native Token Of MEXC Global
MX is the native Token of MEXC Global launched in 2018.
It is an ERC-20 token and it is used for:
- Voting on new listings and team elections
- Airdrops rewards
- Trading fees
MX token does not have a maximum supply but 100,000,000 MX coins are in circulation.
Presently (01/04/2022), the coin is priced at $2.52 and it can be traded on top exchanges.
Check out MEXC Global supported currencies and countries below.
5. Supported Currencies and Countries
Currencies
Cryptocurrencies
MEXC Global supports over 1000 cryptocurrencies including:
- BTC, ETH, LUNA, XRP, LTC, SOL, AVAX, TRON, DASH, BNB
- DOGE, SHIB, MX, ADA, ATOM, XMR, DOT, TWT, NEAR, IMX
- RUNE, LINK, YFI, WOO, FIL, ALGO, CHZ, SAND, SHILL, CRO.
Fiat
Over 28 fiat currencies are supported:
- USD, NGN, AED, AUD, BDT, BRL, CAD, EGP, EUR,
- GBB, GHS, IDR, INR, JPY, KRW, KZT, MYR, MMK.
- TWD, VND, VES, UAH, THB, and 5 others.
Countries
MEXC Global supports Nigeria, South Africa, Ghana, Canada and so many more.
The following countries, however, are not supported by the exchange:
- USA, UAE, Japan, and OFAC Sanctioned countries.
Let’s get to know about MEXC Global fees and modes of payment.
6. Fees and Payment Method
Payment Methods
- Credit/Debit cards
- Cryptocurrencies
Note that the credit/debit option is not available for countries where cryptocurrency is deemed illegal.
Fees
| Type | Fee |
| Trading fees | Spot – 0.2% per transaction Futures – based on verification levels |
| Deposit fees | free |
| Withdrawal fees | Fiat – based on the merchant. crypto – based on the network of a coin |
Find more details on the fees here.
7. Verification Requirements and Limits
On MEXC Global, transaction limits are based on verification levels.
Find more details below:
| Verification level | Requirements | Withdrawal limits |
| Level 1 | Email and phone number verification | Max. 10 BTC every 24hr. Max. 60 BTC in total |
| Level 2 | Complete Primary KYC (Proof of identity e.g. passport, driver’s license, or identity cards) | Max. 10 BTC every 24hr. |
| Level 3 | Complete Advanced KYC (Proof of identity e.g. passport, driver’s license, or identity cards, and take a selfie) | Max. 100 BTC every 24hr. |
| Verified Institutional account | Institution information e.g. documents of the board of directors, company registration certificates | Max. 500 BTC every 24hr. |
Note: You must complete level 1 verification before making any transactions on MEXC Global.
8. Customer Support And Public Opinion
Customer Support
Users of this platform can send their queries using live chat and support tickets.
I tried the Live Chat and I was attended to in seconds. Cool!
Also, there’s a blog where users can learn about updates from the platform.
Additionally, they can stay updated via these channels:
- Twitter: https://twitter.com/mexc_global
- Telegram: https://t.me/MEXCEnglish.
- Discord: discord. gg/2jTRxcDbFH.
- Youtube: Youtube.com/c/MEXCGlobal
- Facebook: https://www.facebook.com/mexcglobal.
Public Opinion
I checked MEXC Global on Trustpilot and it had a poor rating with only 25 reviews.
The reviews were mainly negative and there were no replies from the team. Too bad!
WebOfTrust considers the platform safe, with a trustworthiness rating 80/100 but there were no reviews.
Then on SCAMADVISER, MEXC Global has a trust score of 100% based on zero reviews too.
This shows that the MEXC team has got work to do to improve its reputation.
I’ll now show you how to use the platform.
Keep reading!
9. How To Get Started On MEXC Global
Step 1: Visit Mexc.com and hit sign up to create your account.
Step 2: You can register with either email or phone number. Input either of them and set up your password.
Step 3: Click [Get code] and input the verification code received.
Step 4: Click [Sign Up]
You can log in after “Registration succeeded” is displayed and start trading! 👍
10. Frequently Asked Questions
I believe it is because:
– MEXC Global safely stores users’ funds in a cold storage wallet.
– The Exchange also promotes the use of two-factor authentication
– And there have been no reported security violations since its launch.
– First, create an account and deposit some funds.
– Transfer your funds to your trading account.
– Next, go to the trading terminal, select a trading pair in the “Instruments” section, and set up an order.
– Finally, click “Buy Market” to perform a trade
So Simple!
Ps:
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11. Conclusion
MEXC Global is a cryptocurrency exchange that supports spot, margin, and futures trading; providing users with over 800 trading pairs to choose from.
It also has a range of services that support users to trade easily.
However, this platform has to work on improving its reputation online.
Here, we’ll end our discussion on MEXC Global, I hope you enjoyed the read.
What do you think of the MEXC exchange?
What product on MEXC appeals to you the most?
Is there anything else you’d like to ask regarding this exchange?
Please leave a comment in the space below.
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