Placing Your First Order on MEXC Platform

MEXC is a cryptocurrency exchange that offers a wide range of trading services, including spot trading, derivatives trading, and various investment products. This guide provides a beginner-friendly overview of the steps and considerations involved in placing your first trade on the platform.

To begin using the platform, you must first create an account. You can Register here.

Core Features Overview

MEXC provides several key features designed for both new and experienced traders:

**Diverse Trading Options:** Supports both Spot market trading and Futures contract trading.
**Asset Availability:** Hosts a large selection of cryptocurrencies, often including newer or smaller market cap tokens.
**User Interface:** Offers both a web-based platform and mobile applications for trading on the go.
**Trading Tools:** Provides various charting tools and order types to facilitate execution.

Fees and Limits

Understanding the fee structure is crucial before trading. MEXC generally employs a maker-taker fee model. Fees can vary based on your VIP level, which is often determined by your 30-day trading volume or M-Day holdings.

For detailed information, traders should consult the exchange's official documentation on MEXC Trading Fees Structure Demystified.

Supported Assets and Markets

MEXC supports trading for hundreds of digital assets.

Spot Trading

The Spot market allows users to buy or sell cryptocurrencies immediately at the current market price or set a specific price using an Order book. This is the most straightforward way to acquire assets.

Futures Trading

The platform also offers derivatives trading, such as perpetual swaps. Trading Futures contracts involves leveraging capital to speculate on the future price movement of an asset. This carries significantly higher risk than spot trading, as leverage magnifies both potential profits and losses. For more on this area, review Platform Crypto Futures Terbaik untuk Analisis Teknikal dan Leverage Trading.

Understanding Order Types

When placing an order, you must select the type of execution you desire. The primary types available include:

Limit order: Sets a specific price at which you wish to buy or sell. The order only executes if the market reaches that price.
Market order: Executes immediately at the best available current price in the Order book. This prioritizes speed over price certainty.
Stop-Limit/Stop-Market Orders: Advanced types used primarily for risk management, allowing traders to set trigger prices. More information on advanced types can be found at Advanced Order Types.

Successful execution relies on understanding how orders interact with the market. See Order Execution and How to Read and Understand Exchange Order Books" for further context.

Liquidity and Markets

Liquidity refers to how easily an asset can be bought or sold without significantly affecting its price. MEXC generally maintains good liquidity for major pairs (like BTC/USDT) due to high trading volume. Higher liquidity usually translates to tighter spreads and better execution prices. Traders should check the depth of the Order book before executing large trades.

Security Practices

MEXC employs standard industry security measures:

1. Two-Factor Authentication (2FA) for account access and withdrawals. 2. Cold storage for the majority of user assets. 3. Anti-phishing code settings.

Users are strongly encouraged to enable 2FA immediately after registration.

KYC and Limits

KYC (Know Your Customer) verification levels determine your trading and withdrawal limits. Basic identity verification (Level 1) is often required to unlock higher daily withdrawal quotas. Unverified accounts typically face low limits.

Funding and Withdrawals

To place an order, you must first deposit funds.

**Deposits:** Users can deposit supported cryptocurrencies directly to their assigned wallet addresses on the platform. Fiat deposits are often supported via third-party providers, depending on regional availability.
**Withdrawals:** Withdrawals require a verified address and are subject to network fees and daily limits determined by your KYC level. Always double-check the withdrawal address before confirming.

Mobile and Web User Experience (UX) =

The platform is accessible via a desktop web browser and dedicated mobile apps (iOS and Android). The web interface typically offers more screen real estate for complex charting and analysis, while the mobile app prioritizes quick access and monitoring.

Risks and Responsible Trading =

Cryptocurrency trading, especially involving leverage in the futures market, involves substantial risk of loss. Only trade with capital you can afford to lose. Always start with small amounts, understand the mechanics of your chosen order type, and utilize stop-loss orders to manage downside risk.

First Steps Checklist

Follow this checklist to prepare for your first trade:

[ ] Complete account registration via Register here.
[ ] Enable Two-Factor Authentication (2FA).
[ ] Complete necessary KYC verification steps (if required for your intended limits).
[ ] Deposit the desired cryptocurrency (e.g., USDT) into your MEXC wallet.
[ ] Navigate to the desired market (e.g., Spot or Futures).
[ ] Analyze the Order book and select an appropriate order type (e.g., Limit order).
[ ] Execute a small test trade to confirm functionality.

Recommended Futures Trading Platforms

Platform	Futures perks & welcome offers	Register / Offer
Binance Futures	Up to 125× leverage, USDⓈ-M contracts; new users can receive up to 100 USD in welcome vouchers, plus lifetime 20% fee discount on spot and 10% off futures fees for the first 30 days	Sign up on Binance
Bybit Futures	Inverse & USDT perpetuals; welcome bundle up to 5,100 USD in rewards, including instant coupons and tiered bonuses up to 30,000 USD after completing tasks	Start on Bybit
BingX Futures	Copy trading & social features; new users can get up to 7,700 USD in rewards plus 50% trading fee discount	Join BingX
WEEX Futures	Welcome package up to 30,000 USDT; deposit bonus from 50–500 USD; futures bonus usable for trading and paying fees	Register at WEEX
MEXC Futures	Futures bonus usable as margin or to pay fees; campaigns include deposit bonuses (e.g., deposit 100 USDT → get 10 USD)	Join MEXC

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Placing Your First Order on MEXC Platform

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