MEXC Account Verification Requirements

Introduction to MEXC

MEXC is a centralized cryptocurrency exchange known for offering a wide range of digital assets and various trading products, including spot and derivatives markets. It aims to provide a user-friendly platform suitable for both new and experienced traders. You can begin your journey by using this link to Register here.

Core Features

MEXC offers several key functionalities that attract users:

Wide Asset Selection: A large catalog of cryptocurrencies, often including newer and lower-cap tokens.
Trading Products: Support for Spot market trading and Futures contract trading.
High Performance: The platform emphasizes fast transaction processing speeds.
Diverse Services: Beyond trading, MEXC often provides staking, launchpads, and other DeFi-related services.

Trading Fees

MEXC employs a tiered fee structure based on trading volume and the user's holdings of the native token, MX. Fees are generally competitive, particularly for high-volume traders.

User Tier	Spot Maker Fee	Spot Taker Fee
Default Tier	0.20%	0.20%
VIP 1	Lower than Default	Lower than Default

For details on how fees are calculated, users should consult the exchange's official fee schedule.

Supported Assets and Markets

MEXC supports trading for hundreds of different cryptocurrencies.

Spot Trading

The Spot market allows users to buy or sell cryptocurrencies immediately at the current market price. This is the most straightforward form of crypto trading.

Futures Trading

MEXC offers derivatives trading, typically covering perpetual futures contracts. This allows traders to speculate on the future price movement of an asset without owning the underlying asset. Understanding leverage and margin is crucial here; users should review resources such as Understanding Margin Requirements on Cryptocurrency Futures Exchanges and How to Start Trading Futures with a Small Account before engaging in leveraged trading.

Order Types

MEXC supports standard order types essential for managing trades effectively:

Limit order: An order to buy or sell a crypto asset at a specified price or better.
Market order: An order to execute immediately at the best available current price in the Order book.
Stop-Limit and Stop-Market orders are also typically available, especially in the futures section, allowing for automated risk management.

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). For less common assets, liquidity might be lower, leading to wider spreads.

Security Practices

Security is paramount for any exchange. MEXC implements standard security measures, including:

Two-Factor Authentication (2FA) for logins and withdrawals.
Cold Storage solutions for the majority of user funds.
Anti-phishing codes.

Users are always advised to enable 2FA and use strong, unique passwords.

Account Verification (KYC) and Limits

KYC (Know Your Customer) verification determines the trading and withdrawal limits placed on an account.

Unverified Accounts: Typically have very low daily withdrawal limits.
Verified Accounts (KYC Level 1/2): Completing identity verification (providing ID documents) significantly increases daily withdrawal caps and may be required for accessing certain advanced features or services.

The specific requirements and limits are subject to change based on regulatory compliance.

Funding and Withdrawals

Deposits: Users can fund their accounts via cryptocurrency deposits (transferring assets from another wallet or exchange) or sometimes via fiat on-ramps (bank transfers or credit/debit card purchases), depending on the user's region.
Withdrawals: Withdrawals are processed after a security review. Fees are charged per withdrawal, and processing times vary depending on network congestion.

User Experience (UX) === Mobile and Web =

MEXC provides both a web-based trading interface and dedicated mobile applications (iOS and Android). The interfaces are designed to handle complex trading views while remaining accessible. The mobile app allows for trading, monitoring positions, and managing accounts on the go.

Risks and Responsible Trading

Cryptocurrency trading, especially derivatives trading involving leverage, carries substantial risk. Users can lose their entire investment. It is vital to understand concepts like margin calls and liquidation. For those new to leveraged products, researching risk management techniques is essential: Learn the basics of crypto futures trading, including breakout strategies, initial margin requirements, and essential risk management techniques like stop-loss orders and position sizing. Never trade with funds you cannot afford to lose.

First Steps Checklist

To start trading on MEXC, follow these basic steps:

Register an account using Register here.
Enable Two-Factor Authentication (2FA).
Complete necessary KYC verification steps to increase limits.
Deposit supported cryptocurrencies or purchase crypto via an on-ramp.
Practice with small amounts or use the demo/testnet features if available before risking significant capital.

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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