MEXC, previously recognized as MXC, operates as a crypto exchange with its headquarters in Seychelles. With an impressive offering of about 2,900 trading pairs and over 2,800 tokens, this centralized platform supports a vast range of cryptocurrencies, notably exceeding Coinbase’s 241 and Binance’s 420. Moreover, MEXC holds a prominent position, standing at the 11th spot on CoinMarketCap and the 19th on CoinGecko, solidifying its place among the top 20 exchanges.
- Quick Verdict: What’s the Ruling?
- Is MEXC Your Ideal Crypto Exchange?
- MEXC Fees Explained?
- What is BTCC? Simplified.
- What Are BTCC Exchange’s Unique Trading Features?
- BTCC: What Are the Exchange Fees?
Quick Verdict: What’s the Ruling?
For serious traders seeking advanced trading features and zero fees on spot trading, MEXC stands out. One of the few remaining CEXs allowing account creation without KYC, it enables quick deposits and crypto transfers. However, it’s important to note that holding funds without KYC can pose security risks, making lost asset recovery challenging. Additionally, while MEXC relies on third-party services like Banxa, Moonpay, and Mercuryo for fiat options, these are unavailable in the UK. Furthermore, crypto asset trading on the platform is restricted. Despite these limitations, MEXC remains a top choice for traders seeking a seamless trading experience.
| PROS | CONS |
| Proof of Reserves audits every two months | Limited fiat withdrawals |
| Supports over 2,800 tokens | Limitations with buying crypto |
| 0% spot trading fees | Steep beginner learning curve |
| High liquidity | Poor customer service |
| Powerful mobile app | No native trading bots |
| KYC is fast and not mandatory | Basic API functionality |
| Supports copy trading | |
| P2P availability |
Is MEXC Your Ideal Crypto Exchange?
Navigating the crypto exchange landscape can be daunting, given the diverse needs of traders. From those seeking user-friendly mobile apps to those prioritizing advanced features like leverage or social trading, the options are vast. We understand that no two traders are alike, and our evaluations cater to this diversity, spanning from casual to high-frequency traders. Through a comprehensive yet accessible approach, we’ve segmented traders into seven primary profiles. This methodology offers a transparent view of various trading strategies and their corresponding demands. By evaluating exchanges based on key criteria and ranking them accordingly, we provide clarity on which platforms align best with each trader profile. Our rankings perfect match, good choice, and not recommended serve as a guide, helping traders make informed decisions. Read on for our assessment of MEXC and whether it’s the right fit for your trading journey.
Is MEXC Your Ideal Trading Partner?
MEXC stands out as an ideal choice for casual traders looking to explore niche, low-cap cryptocurrencies at cost-effective rates. With a wide array of technical indicators, advanced charting tools, and staking services, it caters to a diverse trading community. Despite its limitations in direct fiat-to-crypto purchases, savvy traders can easily leverage other platforms for this purpose while still reaping the benefits of MEXC’s offerings. Impressively, MEXC shines in the security aspect, earning an A rating on skynet.certik.com and a CoinMarketCap trust score of 6.7 (as of 22/07/24), backed by a clean hacking record. Furthermore, its extensive list of over 2,800 tokens, high leverage options up to 200x, and seamless integration with third-party banking services contribute to an exceptional trading experience. Personally, I’m a fan of MEXC due to its unbeatable 0% spot trading fees, generous leverage options, and user-friendly interface.
| PROS | CONS |
| 0% spot trading fees | Limited payment options |
| 21 technical indicators | No social trading |
| Advanced charting tools | No native bots |
| Supports staking & borrowing | Untrustworthy customer support |
| Over 2,800 tokens available | Limited educational resources |
MEXC stands out as an ideal partner for day traders, delivering an exceptional desktop trading experience. With fees kept low, leverage up to 200x, and a vast selection of over 2,800 crypto tokens, it ticks all the boxes. Its derivative and spot trading charts, featuring clear entry and exit points, are a boon for quick trades. Advanced charting tools and automated trades, complete with take profit and stop loss options, further streamline the trading process. Notably, MEXC’s token diversity rivals that of decentralized exchanges like Uniswap or Pancake Swap, renowned for their extensive crypto offerings. Security is also top-notch, with regular audits every two months providing solid proof of reserves, enhanced by robust measures like 2FA and multi-factor biometric scanning. Rest assured, the exchange remains unhacked, ensuring a secure trading environment.
| Is MEXC Right For You? |
| PROS: |
| Suitable for day trading with advanced charting tools and 21 technical indicators |
| 0% spot trading fees |
| Offers up to 200x leverage |
| POR audits conducted every two months |
| Supports over 2,800 tokens |
| CONS: |
| Poor customer support |
| No deposit insurance |
| Limited fiat withdrawals |
| Crypto buying limitations |
| Limited educational resources |
| No conversion tool |
MEXC stands out as an ideal partner for both crypto hodlers and position traders. Its extensive token offerings, often seen on decentralized exchanges, give traders access to rare and low-cap gems not found on many other platforms. This provides a significant advantage in the market. For those eyeing longer investments, MEXC’s staking and borrowing features are a great fit. Security is top-notch too, with a clean slate from hacks, regular POR audits, solid reserve proofs, 2FA, and advanced biometric scans. However, one caveat to note is the inconsistency in fiat transactions, necessitating crypto deposits from external wallets.
| Is MEXC Right For You? | |
| PROS | CONS |
| 0% spot trading fees | Poor customer support |
| Supports over 2,800 tokens | No deposit insurance |
| Great security features | Crypto buying limitation |
| Supports staking & borrowing | Limited fiat withdrawals |
| 21 technical indicators | Limited educational resources |
| Charting tools | No conversion tool |
MEXC stands out as an ideal trading platform for leverage and derivative enthusiasts. With up to 200x leverage on futures and 10x for margin trading, it offers significantly higher options compared to exchanges like Coinbase (10x), Kraken (50x), and OKX (100x). Boasting a robust desktop interface, the platform not only provides low fees but also supports a wide range of over 2,800 crypto tokens. Traders can enjoy comprehensive trading options including spot, perpetual futures, and options, all while benefiting from excellent trading flexibility. Quick position adjustments and speed are hallmarks of the MEXC experience. It’s worth noting, however, that margin accounts are currently restricted in the United Kingdom. MEXC offers a secure trading environment, utilizing anti-phishing codes, withdrawal whitelisting, and cold storage for most funds. With a strong focus on wallet security, MEXC boasts a stellar security record, never having been hacked. To further enhance security, the platform conducts audits every two months, providing proof of reserves. Additionally, MEXC ensures safety with 2FA and multi-factor biometric scanning, making it a trusted choice for cryptocurrency trading.
| PROS | CONS |
| Low futures fees | No deposit insurance |
| 200x leverage on futures | Poor customer support |
| Flash close functionality | Crypto buying limitation |
| Advanced charting tools | Limited fiat withdrawals |
| 21 technical indicator | Limited educational resources |
| Over 2,800 tokens available | |
| Stellar security record |
MEXC Fees Explained?
MEXC Deposit Fees
At MEXC Global, depositing in fiat and cryptocurrencies is absolutely free. Customers can fund their accounts with AUD and 27 other currencies using credit cards or our trusted third-party partners, who offer competitive rates. Enjoy seamless transactions and a wide range of options with MEXC Global.
MEXC Trading Fees
MEXC exchange offers competitive trading fees for spot and futures markets, structured as maker-taker. With spot trading fees starting at 0% for makers and 0.1% for takers, and futures trading at 0% for makers and just 0.01% for takers, it’s clear why traders find MEXC appealing. Moreover, holding MX cryptocurrency further reduces these fees by 20%, enhancing the value for money proposition. Whether you’re a maker or a taker, MEXC’s fee structure is designed to provide an optimal trading experience.
MEXC Withdrawal Fees
Withdrawals on the MEXC platform are exclusively conducted in cryptocurrency, as fiat transfers to bank accounts are not supported. This exchange offers free digital currency transfers to external wallets, a common practice among cryptocurrency exchanges. However, it’s important to note that cryptocurrency withdrawal fees are dynamically calculated, taking into account the real-time blockchain network conditions, transaction complexity, and network congestion. Additionally, withdrawal minimums are in place, ensuring a smooth and efficient withdrawal process.
What is BTCC? Simplified.
| BTCC, founded in 2011, is a cryptocurrency trading platform that prioritizes security, offering 2FA, cold storage, and 1:1 reserve funds with zero hacks. Trading options on BTCC include spot trading, perpetual futures contracts, copy trading, demo trading, instant crypto-to-crypto conversion, and tokenized stocks and commodities. The platform supports 88 cryptocurrencies for spot trading and over 300 for futures trading, with leverage up to 500x for futures. Demo trading is available with $100,000 in virtual funds. Trading fees on BTCC are as low as 0% maker and 0.01% taker for the futures market. The platform complies with KYC regulations and is licensed in the U.S., Canada, and Europe. |
BTCC, established in 2011, stands as a global beacon among cryptocurrency exchanges, synonymous with trust and longevity. The platform’s unwavering dedication to security and regulatory adherence has forged a sterling reputation, positioning it as a frontrunner for traders worldwide. With its reach extending across the US, Canada, and Europe, BTCC is tailor-made for North American and European market participants. Beyond mere cryptocurrency trading, BTCC’s innovative offerings include copy trading, perpetual futures, and tokenized stocks. These cutting-edge features open doors for traders to diversify into non-crypto assets like precious metals and U.S. stocks, making BTCC an ideal choice for both novice and seasoned traders seeking a secure, regulated trading environment.
BTCC, a leading cryptocurrency platform, recently celebrated its 13th anniversary, highlighting over a decade of uninterrupted security and user satisfaction. With zero security incidents since its inception in 2011, BTCC stands as a beacon of trust in the crypto space. This remarkable track record assures traders of the utmost safety for their digital assets, making BTCC a top choice among crypto exchanges. The platform’s commitment to innovation and growth is evident in its longevity and consistent delivery of secure services.
What Are BTCC Exchange’s Unique Trading Features?
BTCC’s Spot Trading Feature
BTCC offers seamless spot trading for 88 different cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Solana. Ideal for those who prefer ownership over mere speculation, our platform lets you directly trade at market prices. For traders in the U.S. and Canada, deposits in USD and CAD are a breeze, eliminating complex currency conversions or extra fees. BTCC is your gateway to efficient cryptocurrency trading.
BTCC Futures Trading Explained
BTCC, a leading cryptocurrency trading platform, enables traders to speculate on the future price movements of over 300 digital assets, including top pairs like BTC/USDT and ETH/USDT, without actually owning them. This provides an innovative way to capitalize on both bullish and bearish market trends. A standout feature of BTCC is its remarkable leverage flexibility, allowing traders to amplify their positions up to 500x on select assets such as BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT, and XRP/USDT. For those preferring a more conservative approach, the platform also offers adjustable leverage up to 50x across various contracts. Furthermore, BTCC accommodates different futures contract settlement methods, catering to a wide range of trading strategies and risk profiles. BTCC Exchange offers traders powerful tools for executing diverse trading strategies. With futures contracts settleable in USDT or the crypto asset itself, BTCC caters to a wide range of trader preferences. Key to its platform is the inclusion of market, limit, and stop-loss orders, empowering users to fine-tune their trading approach. Notably, its stop-loss and take-profit functionalities are critical for risk management, ensuring positions are automatically closed when predetermined thresholds are met.
BTCC Exchange Trading Features Explained: Copy Trading
BTCC’s futures copy trading brings a straightforward, yet effective trading solution for those unable to constantly monitor markets due to time constraints or limited expertise. By choosing a top trader, their trades can be automatically mirrored in real-time, allowing newcomers or busy individuals to reap the rewards of seasoned strategies effortlessly. However, this feature isn’t exclusive to novices; experienced traders with a track record of profitability can apply to be BTCC lead traders, unlocking lucrative profit-sharing opportunities. As a lead trader, you can earn a significant 10-15% of profits from followers, a rate surpassing most other platforms. Monetize your trading skills and help others succeed by becoming a lead trader on BTCC. The sooner you join, the better, as early lead traders have the opportunity to rapidly grow their assets under management (AUM) and secure higher commission rates over time. Commission is calculated based on your 30-day average AUM, and profits are settled daily, ensuring frequent returns. It’s a rewarding way to leverage your trading expertise.
BTCC Exchange Trading Features Explained: Demo Trading
BTCC Exchange Trading Features Explained BTCC stands out with its array of trading features designed for both novice and experienced traders. One such notable feature is the demo trading option, which provides a risk-free environment for traders to hone their skills. With $100,000 in virtual funds, beginners can safely explore the platform, learn trade execution, and test strategies under real market conditions. This realistic simulation offers a valuable preview of how strategies might fare in the live market. Additionally, BTCC boasts an instant crypto-to-crypto conversion tool. This feature simplifies the process of swapping one cryptocurrency for another, eliminating the need for complex spot trading maneuvers. Traders can swiftly rebalance their portfolios or seize market opportunities, such as instantly converting Bitcoin to Ethereum without waiting for the perfect market order. This streamlined approach enhances portfolio management efficiency and reduces unnecessary hassles.
Explaining BTCC Exchange’s Trading Features: Tokenized Stocks and Commodities
BTCC exchange stands out for its unique offering: tokenized stocks and commodities that bridge the gap between traditional finance and the crypto world. Imagine trading digital versions of Apple or Tesla shares, or even physical gold and silver, without actually owning them. These are called “tokenized futures,” and they’re available right on the BTCC platform. The beauty of these tokens is that they’re directly linked to the price of the underlying asset. So, when Tesla’s stock price moves, the Tesla token follows suit. What’s more, you can trade these tokenized assets with leverage, up to 50x for stocks and a whopping 150x for commodities. This opens up the possibility of significantly amplifying your profits with a relatively small investment. And because these are perpetual contracts, you’re free to hold them for as long as you see fit, without any expiration dates to worry about. BTCC’s innovative approach brings a new dimension to trading, seamlessly integrating traditional markets with the crypto sphere.
For those keen on price movements and seamless trading, without the fuss of conventional stockbrokers, this is a slick choice. Note, though, that you won’t receive dividends as you don’t actually own the stocks or gold. What’s more, all transactions are settled in USDT (Tether), ensuring a swift and straightforward process. It’s a convenient way to trade, minus the complexities of traditional methods.
BTCC: What Are the Exchange Fees?
BTCC Exchange Fees
BTCC Exchange offers competitive fees for all traders. VIP0 users, including those with no specified trade volume or value, can enjoy our standard fee rates. Discover our fees today and start trading on BTCC.
- Futures Trading Fees:
- Maker Orders: If you place a limit order that adds liquidity to the market, you enjoy a 0% futures fee.
- Taker Orders: When placing an order that is immediately filled, you pay only 0.01% of your trade value.
- Comparison: BTCC’s fees are notably lower than other futures exchanges such as Kraken, Binance, or Bybit.
BTCC provides extra perks for users who reach higher VIP status, such as reduced fees. The specific advantages depend on the VIP level achieved, ensuring a tailored experience for each member.
BTCC Exchange Deposit and Withdrawal Fees
Cryptocurrency deposits come with no fees, a perk for those transferring funds from other wallets or exchanges. Meanwhile, depositing funds in USD and CAD is simple, with fees varying based on your chosen payment method. When it comes to withdrawals, fees differ by cryptocurrency, sticking to standard gas fees, yet they remain reasonably priced, guaranteeing fairness when you move your funds out of the platform.