MEXC Review
By Itai Varochik | Last updated February 1, 2026
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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.
Rating: 3.5/5 (567 reviews)
Pros
- Zero maker fees for spot trading
- 2000+ cryptocurrencies listed
- Up to 200x leverage on futures
- Very low futures trading fees
- Early altcoin listings
- Good API for algorithmic trading
Cons
- Not beginner-friendly
- Limited US access
- Regulatory uncertainty
- Customer support quality varies
- Complex fee structure for futures
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.
MEXC Features
| Feature | Available | Description |
|---|---|---|
| Spot Trading | Yes | 2000+ cryptocurrencies with zero maker fees |
| Futures Trading | Yes | Perpetual contracts up to 200x leverage |
| Mobile App | Yes | Full-featured iOS and Android apps |
| API Trading | Yes | REST and WebSocket APIs for algorithmic trading |
| Staking | Yes | Earn yield on supported assets |
| Launchpad | Yes | Early access to new token projects |
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.
Frequently Asked Questions
Are MEXC fees really 0%?
Yes, MEXC offers 0% maker fees for spot trading, making it one of the cheapest exchanges for limit orders. Taker fees and futures fees still apply.
Is MEXC available in the US?
MEXC has limited US access. Many features are restricted for US-based users. Consider Coinbase or Kraken for US-compliant trading.
How many cryptocurrencies does MEXC list?
MEXC lists 2000+ cryptocurrencies, making it one of the largest selections available. Many tokens appear on MEXC before reaching major exchanges.