Checking MEXC Liquidity for Trades

Introduction to MEXC

MEXC (formerly known as MXC) is a centralized cryptocurrency exchange that offers a wide range of trading services, including spot trading, derivatives trading (futures), and various token listings. It is known for its relatively low fees and extensive selection of digital assets. This overview is designed to help beginners understand the core features and how to check liquidity for trades on the platform. To begin using the exchange, you can Register here.

Core Features

MEXC provides a comprehensive trading environment catering to both new and experienced users.

Asset Variety: A large selection of cryptocurrencies, often listing newer or smaller-cap tokens early.
Trading Options: Supports both Spot market trading and derivative products like Futures contract.
User Interface: Offers both web and mobile applications for trading on the go.

Fees and Costs

Understanding the fee structure is crucial for assessing trade viability and profitability. MEXC generally employs a tiered fee structure based on the user's 30-day trading volume and the amount of their native token (MX) holdings.

Fees are typically lower for market makers (users whose orders are added to the Order book) than for market takers (users whose orders immediately fill existing orders). For detailed information, users should consult the exchange's official fee schedule.

Supported Assets and Liquidity

MEXC supports hundreds of cryptocurrencies across numerous trading pairs. Liquidity refers to how easily an asset can be bought or sold without significantly affecting its price. Checking liquidity is vital, especially for less common assets.

Liquidity is primarily gauged by:

Trading Volume: High 24-hour trading volume generally indicates good liquidity.
Order Book Depth: A deep Order book (many buy and sell orders close to the current price) suggests better liquidity for executing large trades at the desired price.

To check liquidity for a specific pair (e.g., BTC/USDT):

Example Liquidity Check (Conceptual)
Pair	24h Volume (USD)	Best Bid/Ask Spread
BTC/USDT	High	Low
SHIB/USDT	Medium	Medium
ObscureCoin/USDT	Low	High

Trading on MEXC: Spot and Futures

Spot Trading

Spot market trading involves the direct buying and selling of cryptocurrencies for immediate delivery. Users hold the actual assets in their exchange wallets. This is the most straightforward way to trade.

Futures Trading

Futures trading involves contracts based on the future price of an underlying asset. MEXC offers both USDT-M (margined in USDT) and Coin-M contracts. Leverage can be applied, which magnifies both potential profits and potential losses. Beginners should read guides such as How to Start Trading Crypto Futures for Beginners: A Step-by-Step Guide to Understanding Initial Margin, Contract Rollover, and Risk Management Techniques before engaging in derivatives. For fee details related to futures, see Fee Structures for Futures Trading.

Order Types

MEXC supports standard order types necessary for precise trading strategies.

Limit order: Allows a user to set a specific price at which they wish to buy or sell.
Market order: Executes immediately at the best available current market price.
Stop-Limit/Stop-Market Orders: Used primarily in futures for risk management, triggering an order once a specific price is reached. Understanding technical analysis tools, like Using the Relative Strength Index (RSI) for Crypto Futures Trading: A Step-by-Step Guide, can help determine optimal entry/exit points for these orders.

Account Verification and Limits (KYC)

MEXC generally allows users to begin trading with minimal verification (often just email confirmation). However, to increase deposit/withdrawal limits and access certain advanced features, full Know Your Customer (KYC) verification is required. Limits vary significantly between unverified and fully verified accounts.

Funding and Withdrawals

Users can fund their MEXC accounts via cryptocurrency deposits from external wallets or by purchasing crypto directly on the platform using fiat currency (where available).

Withdrawals are processed directly to external crypto addresses. Withdrawal speed depends on network congestion, but MEXC aims for quick processing times for verified users. Always double-check the withdrawal address and network before confirming a transaction.

User Experience (UX)

MEXC provides a web platform and dedicated mobile applications (iOS and Android). The interface is generally considered feature-rich, which can sometimes present a slight learning curve for absolute beginners compared to simpler platforms. The spot interface is typically straightforward, while the futures interface contains more complex charting and margin management tools.

Risks and Responsible Trading

Cryptocurrency trading carries significant risk. Liquidity issues, particularly with smaller-cap assets, can lead to slippage (getting a worse price than expected). Leverage used in futures trading amplifies losses, potentially leading to the liquidation of margin. Always trade responsibly, use stop-loss orders, and never invest more than you can afford to lose.

First Steps Checklist

1. Register here for an account. 2. Complete email/SMS verification. 3. Explore the Spot market interface to understand the layout. 4. Make a small deposit of a major cryptocurrency (e.g., USDT). 5. Place a small Limit order on a high-liquidity pair (like BTC/USDT) to test the system. 6. Review KYC requirements if higher limits are needed.

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

Join Our Community

Follow @startfuturestrading for signals and analysis.