MEXC Exchange: Supported Cryptocurrencies

MEXC Exchange: Supported Cryptocurrencies

MEXC is a global cryptocurrency exchange offering a wide range of digital assets for trading. This article provides a beginner-friendly overview of MEXC, covering its core features, supported cryptocurrencies, trading options, and security practices.

Core Features

• **Diverse Asset Selection:** MEXC supports hundreds of cryptocurrencies, including popular coins like Bitcoin (BTC), Ethereum (ETH), and many altcoins.

• **Spot and Futures Trading:**

   * **Spot market:** Buy and sell cryptocurrencies at their current market price.
   * **Futures contract:** Trade contracts that allow you to speculate on the future price of a cryptocurrency.

• **Order Types:** MEXC offers various order types to suit different trading strategies:

   * **Limit order:** Buy or sell at a specific price.
   * **Market order:** Buy or sell at the best available price.

• **Liquidity and Markets:** MEXC boasts strong liquidity across its trading pairs, ensuring smooth order execution.

• **Security:** MEXC prioritizes security with measures like two-factor authentication (2FA), cold storage for funds, and regular security audits.

• **KYC/Limits:** To enhance security and comply with regulations, MEXC requires Know Your Customer (KYC) verification. This involves providing identification documents. Trading limits may vary depending on your verification level.

• **Funding and Withdrawals:**

   * **Deposits:** You can fund your MEXC account using cryptocurrencies or fiat currencies (depending on your region).
   * **Withdrawals:** Withdrawals are processed quickly and securely.

• **Mobile and Web UX:** MEXC offers a user-friendly platform accessible through both web and mobile applications. The interface is intuitive, making it easy to navigate and execute trades.

Supported Cryptocurrencies

MEXC supports a vast selection of cryptocurrencies. For a complete and up-to-date list, please refer to the MEXC website.

Cryptocurrency ! Symbol
BTC	ETH	USDT	BNB

Spot Trading Basics

On a Spot market, you buy and sell cryptocurrencies at their current market price. This is a popular way to enter the crypto market and potentially profit from price fluctuations.

Futures Trading Basics

Futures contracts allow you to speculate on the future price of a cryptocurrency. They involve buying or selling a contract that obligates you to purchase or sell the underlying asset at a predetermined price on a specific date. Futures trading can be more complex than spot trading and involves higher risks.

Order Types

• **Limit order:** A limit order lets you buy or sell at a specific price. Your order will only be executed if the market reaches your desired price.

• **Market order:** A market order buys or sells at the best available price. This is ideal for quick trades, but the price may fluctuate between the time you place the order and its execution.

Liquidity and Markets

Liquidity refers to the ease with which you can buy or sell an asset without significantly impacting its price. High liquidity means there are many buyers and sellers, ensuring smooth transactions. MEXC generally has good liquidity across its popular trading pairs.

Security Practices

MEXC takes security seriously and employs several measures to protect user funds:

• **Two-Factor Authentication (2FA):** This adds an extra layer of security by requiring a unique code in addition to your password.

• **Cold Storage:** A significant portion of user funds are stored offline in cold wallets, which are not connected to the internet, making them less vulnerable to hacking attempts.

• **Regular Audits:** MEXC undergoes regular security audits by independent firms to identify and address vulnerabilities.

KYC/Limits

MEXC requires users to complete Know Your Customer (KYC) verification to comply with regulations and prevent financial crime. This involves providing identification documents.

Trading limits may vary depending on your verification level. Higher verification tiers generally unlock larger trading limits.

Funding and Withdrawals

You can fund your MEXC account using various methods, including:

• **Cryptocurrency Deposits:** Deposit supported cryptocurrencies directly into your MEXC wallet.

• **Fiat Currency Deposits:** Depending on your region, you may be able to deposit fiat currency (e.g., USD, EUR) through bank transfers or other methods.

Withdrawals are processed quickly and securely. MEXC may charge withdrawal fees, which vary depending on the cryptocurrency and withdrawal method.

For detailed information on deposit and withdrawal methods, refer to What Beginners Should Know About Crypto Exchange Deposit Methods.

Mobile and Web UX

MEXC offers a user-friendly platform accessible through both a web browser and mobile applications (iOS and Android).

The interface is designed to be intuitive and easy to navigate, making it suitable for both beginners and experienced traders.

Risks and Responsible Trading

Trading cryptocurrencies carries inherent risks, and it's important to approach it responsibly.

• **Volatility:** Cryptocurrency prices can be highly volatile, experiencing significant fluctuations in short periods.
• **Market Risk:** Market movements can lead to losses.

• **Security Risks:** While exchanges like MEXC implement security measures, there is always a risk of hacking or other security breaches.

• • First Steps Checklist:**

1. **Research:** Thoroughly research MEXC and understand its features, fees, and risks. 2. **Create an Account:** [Register here]

3. **Complete KYC:** Verify your identity to unlock trading features. 4. **Start Small:** Begin with a small investment amount that you are comfortable potentially losing. 5. **Learn and Practice:** Familiarize yourself with the platform and practice trading with small amounts before making significant investments. 6. **Stay Informed:** Keep up-to-date with market trends and news.

See also (on this site)

• Understanding MEXC Spot Trading
• MEXC Fees Explained: Trading and Withdrawals
• MEXC Futures Trading: A Beginner's Guide
• Different Order Types on MEXC

Recommended articles

• Exchange comparison websites
• What to Look for in a Cryptocurrency Exchange When Starting Out
• A Beginner’s Guide to Reading Crypto Exchange Charts and Data
• Exchange hacks
• OKX Exchange

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.