MEXC Review 2026
Learn more about TU’s methodology
- $1
- Proprietary platform
- Investment programs are available
Our Evaluation of MEXC
Learn more about TU’s methodology
MEXC is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.7 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by MEXC clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
MEXC is a major centralized crypto exchange operating in over 170 countries. It supports more than 3,000 spot and 1,100 futures pairs. The exchange offers fee-free spot market maker orders and trading discounts for MX token holders, ultra-fast processing at up to 1.4 million transactions per second, and generous bonuses. A user-friendly interface, P2P exchange, pre-market token trading, built-in educational content, and regular promotions make MEXC attractive to traders at all experience levels.
How we tested MEXC
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at MEXC
The MEXC cryptocurrency exchange (MEXC.com) has been operating since 2018. The company is registered in Singapore, which is a loyal digital asset jurisdiction. The platform offers clients trading and P2P exchange services. The main specialization of the trading platform is to provide clients with crypto/crypto trading services with currencies such as Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). The undoubted bright side of the platform is access to cryptocurrency ETF funds.
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- 120+ cryptocurrencies for trading;
- receive additional income through staking and holding;
- an affiliate program with income up to 80% of the deposit of the invited trader.
- withdrawal fees (0.0005 BTC for Bitcoin);
- lack of support for fiat currencies for trading;
- no MAM or PAMM accounts;
- mandatory verification.
TU Expert Verdict
Chief Analytics Officer
MEXC provides access to trading over 2,200 cryptocurrencies, futures, perpetual contracts, and NFTs using its proprietary platform, with a minimum deposit as low as $1. The platform is known for fee-free maker orders on spot markets, competitive rates for futures, advanced mobile and desktop trading apps, and passive income opportunities through staking and yield farming. MEXC offers both Standard accounts and a P2P platform, supports USD and cryptocurrencies for account funding, and enables fast transactions through multiple deposit and withdrawal methods including cards, bank transfers, PayPal, and crypto.
However, a notable drawback is that MEXC is not regulated by any government authority and is not available to U.S. residents due to regulatory restrictions. Other disadvantages include withdrawal fees, the absence of copy trading, and mandatory KYC verification. This combination of features and drawbacks means MEXC may be more appealing to experienced crypto traders seeking a wide asset selection and lower fees, but it may not be suitable for those who prioritize strong regulatory oversight or require fiat trading and passive investing services.
MEXC Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Standard, P2P platform |
| 💰 Account currency: | USD, cryptocurrencies |
| 💵 Deposit / Withdrawal: | Cryptocurrencies (you can also buy cryptocurrency through a P2P platform) |
| 🚀 Minimum deposit: | From USD 1 |
| ⚖️ Leverage: | Up to 1:10 (for some pairs) |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: |
Spot: 0%-0.05% Futures: 0%-0.02% |
| 🔧 Instruments: | 2276 supported coins, Futures, Perpetual contracts, Fiat, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No data |
| ⭐ Trading features: | Investment programs are available |
| 🎁 Contests and bonuses: | On a regular basis |
On the MEXC.com website, 127 cryptocurrencies are available to clients. For each pair, BTC, ETH, and USDT are available. Clients can work with leverage, the maximum size of which is 1:10. The company offers both trading and P2P exchange.
MEXC Key Parameters Evaluation
Regulation and Safety
With a 5.25/10 score, MEXC demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- No successful hacks history
- 2FA
- Cold wallet storage
- No facial recognition
- Not government-regulated
MEXC Security Factors
We also compared MEXC against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| MEXC | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is MEXC a regulated crypto exchange?
MEXC is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean MEXC is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at MEXC?
Yes, KYC verification is mandatory at MEXC. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is MEXC available in the USA?
MEXC is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
MEXC commissions and fees
MEXC has earned a rating of 8.45/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as MEXC is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are MEXC trading fees?
We analyzed MEXC’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
MEXC trading fees vs competitors
| MEXC | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.05 | 0.22 | 0.2 | 0.194 |
| Futures, maker fee(%) | 0 | 0 | 0 | 0.024 |
| Futures, taker fee(%) | 0.02 | 0 | 0.053 |
What are MEXC deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0003 BTC |
Does MEXC offer P2P trading?
Yes, MEXC offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.MEXC P2P Fees
Deposit and Withdrawal
MEXC received a 10/10 rating for its deposit and withdrawal services. MEXC supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- Bank transfers for deposits and withdrawals
- Bank cards accepted for instant deposits
- Google Pay supported
- Many cryptocurrencies for deposits and withdrawals
- Withdrawal fee applies
Deposit and withdrawal options
MEXC supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal, Advcash Wallet, Google Pay, Apple Pay.
MEXC Deposit and withdrawal options vs competitors
| MEXC | Kraken | OKX | |
| Bank transfers | Yes | Yes | No |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | Yes | Yes | No |
What is MEXC minimum deposit?
The minimum deposit at MEXC is 1 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
MEXC minimum deposit vs competitors
| MEXC | Kraken | OKX | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 1 | 1 | 1 |
Does MEXC support fiat money?
MEXC supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
MEXC received a score of 9.5/10 in this category, highlighting its excellent selection of tradable assets and market access. MEXC supports 2276 coins and caters to various trading types, making it a strong choice for both active traders and long-term investors.
- NFTs available
- Fiat currencies supported
- Yield farming available
- Crypto options not available
MEXC supported coins and markets vs competitors
We compared MEXC with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| MEXC | Kraken | OKX | |
| Supported coins | 2276 | 278 | 329 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | No | Yes |
| NFTs | Yes | Yes | Yes |
MEXC passive income options vs competitors
We also compared MEXC with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
MEXC received a score of 9.25/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Automated trading with bots
- Android app score 4.7
- Advanced tools and automation with API
- Strategy sharing with Copy Trading
- No Face ID
- Advanced orders not available
Trading apps
MEXC provides web and mobile apps for both Android and iOS users, with an average rating of 4.6 on the App Store and 4.7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the MEXC platform is for mobile use.
| MEXC | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | Yes | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | Yes | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does MEXC offer a desktop app?
Yes, MEXC offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.
Does MEXC offer advanced charting with TradingView integration?
Yes, MEXC offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Foundation date | 2018 |
|---|---|
| Official site | https://www.mexc.com/ |
| Contacts |
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