MEXC Review

Our Verdict

MEXC is best for experienced traders who want zero maker fees and access to an enormous selection of altcoins. The high leverage options are powerful but risky. Not recommended for beginners or US users.

GetASearch Score: 7.5/10

Rating: 3.5/5 (567 reviews)

Score Breakdown

What is MEXC?

MEXC offers aggressive leverage (up to 200x), 2000+ cryptocurrencies, and some of the lowest futures fees in the industry. The platform has zero maker fees for spot trading, making it one of the cheapest exchanges for limit orders. While it's not beginner-friendly, experienced traders appreciate the deep liquidity and early altcoin listings. MEXC processes significant daily volume and regularly adds new tokens before they appear on larger exchanges. The futures trading platform is particularly competitive, with fees well below industry averages. The platform supports spot, margin, and futures trading with professional-grade charting tools. Security includes cold storage, 2FA, and withdrawal whitelisting. However, MEXC is not regulated in the US or EU, and the platform is restricted in several jurisdictions. Customer support quality varies, and the interface can be overwhelming for newcomers.

How We Tested MEXC

We tested MEXC for a period of three weeks across key performance indicators relevant to crypto exchanges. Our evaluation covered account creation, deposit/withdrawal processes, spot trading functionality, futures trading, and customer support responsiveness. We assessed asset variety, fee structures, leverage options, platform stability, and security measures to provide an objective score.

Overview

<p>MEXC is a global cryptocurrency exchange offering 2,300+ trading pairs with a focus on new and emerging tokens. It frequently lists projects before any other major exchange, making it popular among speculative traders and early adopters.</p>

Interface & usability

<p>The trading interface provides professional tools including advanced charts, multiple order types, and real-time market data. The platform is available in 10+ languages. The mobile app supports all core trading functions.</p>

Key features

<p><strong>Token Selection:</strong> 2,300+ trading pairs, the widest selection among major exchanges.</p><p><strong>Zero Maker Fees:</strong> 0% spot maker fees for all users.</p><p><strong>Launchpad:</strong> Early access to new token launches and airdrops.</p><p><strong>Futures:</strong> Up to 200x leverage on futures contracts.</p>

Pricing

<p>Spot: 0% maker, 0.05% taker. Futures: 0.01% maker, 0.04% taker. These are among the lowest fees of any major exchange. No tiered pricing needed for competitive rates.</p>

Security & compliance

<p>Multi-layer security with cold storage and 2FA. Proof of reserves published. Regulatory status varies by jurisdiction, with limited licensing in major markets.</p>

Verdict

<p>MEXC offers the widest token selection and lowest fees in the industry. It is the best exchange for traders seeking early access to new tokens. Regulatory uncertainty and limited fiat on-ramps are trade-offs that matter for compliance-focused users.</p>

MEXC Features

MEXC Pricing

Free (0.0% maker)

Best For

• Experienced altcoin traders
• High-frequency traders wanting zero maker fees
• Futures traders seeking high leverage
• International traders outside US

Not Ideal For

• Complete beginners
• US-based traders
• Risk-averse investors
• Those needing fiat deposits

Final Verdict

MEXC is best for experienced traders who want zero maker fees and access to an enormous selection of altcoins. The high leverage options are powerful but risky. Not recommended for beginners or US users.

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