Is MEXC a Good Crypto Exchange for Beginners?

Trading Conditions for MEXC Users

Before you start working with an exchange, it is important that you evaluate its trading conditions. MEXC offers traders the following conditions.

Investment programs of MEXC

It is important for novice traders not only to trade actively, but also earn passive income. Passive investing can help you earn extra profit, and also compensate for the losses you may incur as a result of active trading. MEXC offers the following passive income options.

Investment Programs, Available Markets and Products of the Broker

The MXC exchange offers traders two types of investment instruments. Users can earn additional income by simply storing cryptocurrencies in their e-wallet, called holding. Staking is also provided on the platform. Unlike holding, here it is necessary to freeze coins for a certain period before the interest rate is calculated.

Holding cryptos at MXC promotes favorable conditions for 9 types of cryptocurrencies

Holding via the MXC investment program allows the receipt of interest for storing cryptocurrencies or tokens in the wallet. However, traders can freely dispose of these assets. The interest rate is charged on the balance of assets every day during which one or another cryptocurrency or token is stored in your account. The program covers nine types of digital assets:

• Helmetinsure (HELMET);

• PancakeSwap (CAKE);

• Beacon ETH (BETH);

• Kusama (KSM);

• MDX Token (MDX);

• Polkadot (DOT);

• Dash (DASH);

• ChainX (PCX);

• Tether USD (USDT).

The Holding Program for USDT is developed directly by MXC for clients who store USDT in a cryptocurrency exchange wallet. The return on MXC investment programs varies depending on the instrument chosen. For example, for HELMET, it is 8.88% per annum, for USDT, it is 1.88%.

Staking at MXC: A special offer for investors

The MXC broker also offers customers and additional income through staking. In this case, users need to freeze a certain number of coins for a certain period. Within this period, interest is charged on the saved digital assets. Assets cannot be disposed of until the staking period expires. As soon as the freeze period ends, the platform pays the amount + interest. 

MXC staking can be carried out with the following types of digital assets:

• Bitcoin (BTC);

• Ethereum (ETH);

• Tether USD (USDT);

• EOS (EOS);

• Polkadot (DOT);

• Kusama (KSM).

The interest rate for each type of digital asset is also different. For example, for BTC and ETH, it is 4.00% per annum, for USDT, it is 6.88% per annum. The freeze period is also different. For example, for BTC, the minimum freeze period is 15 days, for ETH, it's 7 days.

MXC’s affiliate program

• Classic affiliate program. Cryptocurrency exchange clients can promote services through a referral program. To do this, you can get a referral link in your account.

The company charges a fee for registration and account replenishment by an affiliate. MXC.com pays customers up to 80% of the affiliate's replenished amount.