MEXC Supported Cryptocurrency List
MEXC Supported Cryptocurrency List: An Overview
MEXC is a cryptocurrency exchange that provides users with a platform to trade various digital assets. It is known for offering a wide selection of tokens, including many newer or lower-market-cap projects alongside established cryptocurrencies. This overview covers the platform's features, supported assets, and basic trading mechanics.
Core Features of MEXC
MEXC offers a comprehensive suite of services aimed at both beginner and experienced traders. Key features include:
- **Diverse Trading Options:** Support for spot trading, margin trading, and derivatives (futures).
- **Asset Variety:** A large listing of cryptocurrencies, often including newly launched tokens.
- **Low Fees:** Generally competitive trading fee structure compared to major industry players.
- **Mobile Accessibility:** Dedicated applications for iOS and Android devices ensure trading on the go.
Trading Mechanics: Spot and Futures
MEXC facilitates trading across different market types:
Spot Market
The Spot market allows users to buy or sell cryptocurrencies immediately at the current market price, taking direct ownership of the assets. This is the most straightforward way to trade on the platform.
Futures Trading
The platform also supports derivatives trading, specifically Futures contract trading. This involves speculating on the future price movement of an asset without owning the underlying asset itself, often involving leverage. Users should be aware that futures trading carries higher risk, as discussed later. For more information on this area, see Cryptocurrency derivatives.
Supported Assets and Liquidity
MEXC supports hundreds of different cryptocurrencies. While the exact list is constantly updated, it generally includes major assets like Bitcoin (BTC) and Ethereum (ETH), alongside numerous altcoins across various sectors (DeFi, NFTs, Layer 1s, etc.).
The depth of the Order book for specific pairs determines market liquidity. High liquidity is crucial for executing large trades without significant price slippage. Users looking to utilize crypto for small payments should research How to Use a Cryptocurrency Exchange for Crypto Micropayments.
Order Types Available
MEXC supports standard order types necessary for executing trades according to specific price strategies:
- Limit order: Allows a user to set a specific price at which they wish to buy or sell an asset.
- Market order: Executes 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 market, for risk management.
Trading Fees Structure Overview
MEXC employs a tiered fee structure, often based on the user's 30-day trading volume and their holdings of the exchange's native token (if applicable). Fees are generally charged as a percentage of the trade value.
A basic representation of fee tiers might look like this:
| Tier | Spot Maker Fee | Spot Taker Fee |
|---|---|---|
| VIP 0 (Standard) | 0.20% | 0.20% |
| VIP 1 | 0.18% | 0.19% |
Users should consult the official fee schedule for the most current rates, as detailed in Exploring MEXC Trading Fees Structure.
Account Verification (KYC) and Limits
To comply with regulatory requirements and enhance account security, MEXC requires identity verification (KYC).
- **Unverified Accounts:** Often have lower withdrawal limits.
- **Verified Accounts:** Unlocking higher daily/monthly withdrawal limits requires completing the full Know Your Customer (KYC) process. Details on requirements are found in MEXC Account Verification Requirements.
Security Practices
Security is paramount for any exchange. MEXC implements standard industry security measures:
- Two-Factor Authentication (2FA) is strongly recommended for all users. Guidance on this can be found at How to Use Two-Factor Authentication on a Cryptocurrency Exchange.
- Cold storage solutions for the majority of user funds.
- Encrypted data transmission.
Funding and Withdrawals
Users fund their accounts via cryptocurrency deposits or fiat on-ramps (where available).
- **Deposits:** Generally free, though network transaction fees apply.
- **Withdrawals:** Involve a fixed network fee, which varies depending on the cryptocurrency and current network congestion. Withdrawal limits are tied to KYC status.
User Experience (UX)
MEXC provides both a web platform and dedicated mobile applications. The interface is generally designed to be functional, catering to detailed order book analysis for advanced users while providing simplified trading views for beginners.
Risks and Responsible Trading
Trading cryptocurrencies, especially using leverage in futures markets, involves substantial risk. Prices are highly volatile, and users can lose their entire investment. It is crucial to employ sound risk management techniques. For beginners, starting small and understanding potential losses is vital. Reviewing guides on risk management is strongly advised. Step-by-Step Guide to Risk Management in Cryptocurrency Trading.
First Steps Checklist
If you are new to MEXC, follow these steps to get started:
- Visit the official registration page: Register here.
- Enable Two-Factor Authentication (2FA) immediately.
- Complete identity verification (KYC) to increase withdrawal limits.
- Deposit a small amount of cryptocurrency you are comfortable with.
- Practice placing a small Limit order in the Spot market before attempting larger trades or futures.
See also (on this site)
- MEXC Spot Trading Explained Simply
- Understanding MEXC Futures Contracts
- Exploring MEXC Trading Fees Structure
- MEXC Account Verification Requirements
Recommended articles
- Step-by-Step Guide to Risk Management in Cryptocurrency Trading
- Top Cryptocurrency Trading Platforms for Secure Leverage Investments
- Cara Memulai Trading Cryptocurrency untuk Pemula dengan Modal Kecil
- Swing Trading in Cryptocurrency Futures: What to Know
- How to Use Margin Trading on a Cryptocurrency 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 |
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