Trading Fees on MEXC Exchange
Trading Fees on MEXC Exchange
MEXC is a global cryptocurrency exchange offering a wide range of trading options, including spot trading and futures trading. This article provides a beginner-friendly overview of MEXC, covering key features, fees, supported assets, and security practices.
Core Features
- **Spot Market:**
MEXC's spot market allows users to buy and sell cryptocurrencies at their current market price. This is a popular choice for beginners due to its simplicity and lower risk compared to futures trading.
- **Futures Market:**
MEXC offers a variety of futures contracts, including perpetual contracts. Futures trading allows users to speculate on the future price of an asset, potentially leading to higher profits (but also higher risks).
- **Order Types:**
MEXC supports various order types, including:
- **Limit Order:** Buy or sell at a specific price.
- **Market Order:** Buy or sell at the current market price.
- **Other Features:**
- **Margin Trading:** Borrow funds to amplify trading positions (increases risk).
- **Staking:** Earn passive income by holding certain cryptocurrencies.
Fees
MEXC employs a tiered fee structure based on trading volume and user VIP level.
- **Spot Trading Fees:** Typically range from 0.2% to 0.1% maker/taker fees.
- **Futures Trading Fees:** Generally slightly higher than spot trading fees.
Exact fees vary depending on the specific trading pair and user's trading volume.
Supported Assets
MEXC supports a wide range of cryptocurrencies, including popular coins like Bitcoin (BTC), Ethereum (ETH), and many altcoins.
Liquidity and Markets
MEXC boasts strong liquidity across its trading pairs, ensuring smooth order execution.
The exchange provides real-time market data and an order book to help users make informed trading decisions.
Security Practices
MEXC prioritizes security with measures such as:
- **Two-Factor Authentication (2FA):** Adds an extra layer of security to user accounts.
- **Cold Storage:** A significant portion of user funds are stored offline in cold wallets, enhancing security against hacks.
KYC/Limits
MEXC requires users to complete Know Your Customer (KYC) verification to comply with regulations and enhance platform security.
Trading limits may vary depending on the user's verification level.
Funding and Withdrawals
MEXC supports various deposit and withdrawal methods, including bank transfers, credit/debit cards, and crypto transfers.
Withdrawal fees vary depending on the cryptocurrency and network.
Mobile and Web UX
MEXC offers both a user-friendly website and mobile applications for iOS and Android, providing convenient access to trading on the go.
Order Types Explained
| class="wikitable" ! Order Type !! Description |- | Limit Order || Buy or sell at a specific price. |- | Market Order || Buy or sell at the current market price.
See also (on this site)
- MEXC Supported Cryptocurrencies
- Spot Trading vs Futures Trading on MEXC
- Understanding Order Types on MEXC
- MEXC Liquidity Explained
Recommended articles
- Futures Trading on Bybit2
- Mastering Crypto Futures Strategies: Leveraging Breakout Trading and Contract Rollover for Regulatory Compliance
- Combining Breakout Trading and Volume Profile for High-Probability ETH/USDT Futures Trades
- Top Tools for Successful Cryptocurrency Trading: Volume Profile and Open Interest Explained
- Estrategias Efectivas para el Trading de Criptomonedas con Contratos Perpetuos
First Steps Checklist
- **Register:** Register here
- **Complete KYC Verification:** Follow the platform's instructions to verify your identity.
- **Fund Your Account:** Deposit funds using your preferred method.
- **Familiarize Yourself with the Platform:** Explore the website or mobile app interface.
- **Start with Small Trades:** Begin with low-risk trades to gain experience.
Risks and Responsible Trading
Cryptocurrency trading involves inherent risks, including price volatility and the potential for loss. It's crucial to:
- **Do Your Research:** Understand the risks associated with specific cryptocurrencies and trading strategies.
- **Start Small:** Begin with a small amount of capital that you can afford to lose.
- **Use Stop-Loss Orders:** Set stop-loss orders to limit potential losses.
- **Diversify Your Portfolio:** Don't put all your eggs in one basket.
- **Stay Informed:** Keep up-to-date on market trends and news.
Remember, responsible trading involves managing risk effectively and making informed decisions.
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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