Introduction
MEXC is a moderate-risk cryptocurrency exchange with an overall TU score of 6.22/10. Specializing in crypto-to-crypto trading pairs and P2P services, the platform offers proprietary tools, staking for passive income, and access to crypto ETFs.
Key Features
Trading Platform & Tools
- Proprietary terminal with integrated TradingView charts.
- 2276 supported coins, including BTC, ETH, and USDT pairs.
- Leverage up to 1:10 on select pairs.
Passive Income Options
- Staking and holding rewards.
- Yield farming programs.
User Experience
- Mobile apps (iOS/Android) rated 4.7/5.
- API support for automated trading.
Pros & Cons
| ✅ Pros | ❌ Cons |
|---------|---------|
| 120+ cryptocurrencies | 0.2% transaction fees |
| Low spot fees (0.05%) | Withdrawal fees (0.0005 BTC) |
| P2P trading platform | No fiat trading support |
Security & Regulation
Score: 5.25/10
- 2FA and cold storage available.
- No government regulation – lacks investor protection funds.
Fees Structure
| Fee Type | Rate |
|----------|------|
| Spot (Taker) | 0.05% |
| Futures (Maker) | 0% |
| P2P | 0.2% |
Industry-low futures fees (0.02%) make MEXC competitive for active traders.
Deposit & Withdrawal
- Minimum deposit: $1 (or 0.0001 BTC).
- Methods: Bank cards, PayPal, Google Pay, and crypto.
FAQ
Is MEXC regulated?
No. MEXC operates without government oversight, common in crypto exchanges.
Does MEXC support fiat currencies?
Yes, but only via P2P transactions – no direct fiat trading.
What’s the minimum trade amount?
$1/USDT for spot trading.
Final Verdict
MEXC suits crypto-focused traders with its wide asset selection and low fees. However, the lack of regulation and fiat support may deter traditional investors.
For alternatives, review our top-rated exchanges.