MEXC Trading Fees Explained Simply
MEXC Trading Fees Explained Simply
MEXC is a centralized cryptocurrency exchange that offers a wide range of trading services, including spot trading, derivatives trading (futures), and various other financial products. This overview explains the core features and fee structure for beginners looking to use the platform.
Core Features of MEXC
MEXC is known for supporting a large number of digital assets, often listing new tokens earlier than some larger competitors. Key features include:
- High-speed matching engine.
- Support for both Spot market trading and Futures contract trading.
- A diverse selection of trading pairs.
- Mobile applications for both iOS and Android.
Trading Fees Structure
Trading fees on MEXC are generally calculated based on a tiered system, often depending on the user's 30-day trading volume and the amount of the native token (MX) held. Fees are typically structured as Maker and Taker fees.
- **Maker Fee:** Charged when you place an order that does not immediately execute (i.e., it waits in the Order book). Makers provide liquidity.
- **Taker Fee:** Charged when you place an order that immediately executes against existing orders in the order book. Takers remove liquidity.
New users often start at the lowest fee tier unless they have significant volume on other exchanges that might qualify them for higher tiers through a "fee rebate" program. Holding MX tokens often grants a discount on trading fees.
Supported Assets
MEXC supports a vast array of cryptocurrencies, covering major coins like Bitcoin and Ethereum, alongside thousands of smaller-cap and newer altcoins. Users can trade these assets against stablecoins (like USDT or USDC) or against the exchange's native token (MX). For the most current list, users should check the exchange's official asset pages.
Spot Trading vs. Futures Trading
MEXC offers two primary trading environments:
- **Spot Trading:** Involves the direct buying and selling of the underlying cryptocurrency asset. If you buy 1 BTC, you own 1 BTC immediately after the transaction settles.
- **Futures Trading:** Involves trading contracts that derive their value from an underlying asset. This allows for leverage (borrowed funds to increase potential profits or losses) and short-selling. Users can review resources like Advanced Trading Techniques for more complex strategies.
Order Types Available
Understanding order types is crucial for managing trades effectively. MEXC supports standard order types on both spot and futures markets:
Order Type | Description |
---|---|
Limit order | Sets a specific price at which you wish to buy or sell. |
Market order | Executes immediately at the best available current price. |
Stop-Limit Order | An order that becomes a Limit order once a specified stop price is reached. |
Trailing Stop | An order that automatically adjusts the stop price as the market moves favorably. |
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 due to its high trading volume. Users should always check the depth of the Order book for less common trading pairs before executing large trades to avoid significant slippage.
Security Practices
Like most centralized exchanges, MEXC employs standard security measures:
- Two-Factor Authentication (2FA).
- Cold storage for the majority of user funds.
- Anti-phishing codes.
Users are strongly encouraged to enable 2FA immediately upon registration.
KYC Requirements and Limits
MEXC distinguishes between users who complete Know Your Customer (KYC) verification and those who do not. Unverified accounts usually face lower withdrawal limits. Completing full KYC generally increases daily withdrawal limits and grants access to all platform features.
Funding and Withdrawals
Deposits of cryptocurrencies are typically credited once the required number of network confirmations is achieved. Fiat (government-issued currency) deposits are often handled via third-party providers or specialized banking channels, depending on the user's region. Withdrawal fees vary based on the specific cryptocurrency and current network congestion.
User Experience (UX)
MEXC offers both a web interface and dedicated mobile applications. The web platform provides advanced charting tools suitable for detailed analysis, while the mobile app focuses on accessibility for on-the-go trading.
Risks and Responsible Trading
Cryptocurrency trading, especially involving leverage in Futures contract markets, carries a high degree of risk, including the potential loss of principal investment. Users should never invest more than they can afford to lose. It is important to manage risk proactively. For example, reviewing market analysis before making leveraged trades is beneficial, as seen in resources like Análisis de Trading de Futuros BTC/USDT - 04/07/2025 and Analisi del trading di futures BTC/USDT - 4 gennaio 2025.
First Steps Checklist
To begin trading on MEXC, follow these essential steps:
1. Create an account using Register here. 2. Enable Two-Factor Authentication (2FA) immediately. 3. Complete the required KYC verification level for higher limits. 4. Deposit your chosen cryptocurrency or fiat currency. 5. Familiarize yourself with the difference between the Spot market and the futures platform. 6. Start with small trades to test order execution and withdrawal processes.
See also (on this site)
- Exploring MEXC Supported Cryptocurrencies
- Spot Trading Versus Futures on MEXC
- Understanding MEXC Order Types
- Checking MEXC Liquidity for Trades
Recommended articles
- Futures Trading and News Trading Strategies
- Python for trading
- The Difference Between Spot Trading and Futures on Exchanges
- How to Use Donchian Channels in Futures Trading
- Risk Management in Cryptocurrency Trading
Recommended Futures Trading Platforms
Platform | Futures perks & welcome offers | Register / Offer |
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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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