MEXC is a well-established cryptocurrency exchange that supports a wide range of trading features. It offers spot trading, futures trading, staking, and other tools that suit both beginners and experienced traders. The platform is known for its fast interface, high liquidity, and wide selection of listed assets.

For new users, the exchange can appear overwhelming at first. With multiple tabs, charts, and trading options, it’s easy to get confused about where to begin. This tutorial is designed to guide users step-by-step through the core functions of MEXC, starting from account creation to placing your first trade.

Whether you’re here to buy your first crypto asset or explore futures and advanced trading tools, this guide will help you get started smoothly. Each section includes instructions along with visual references to make the process easier to follow. Let’s begin.

What is MEXC?

MEXC is a global cryptocurrency exchange launched in 2018 by a team with backgrounds in finance and blockchain. Within a year, it captured around 5% of global digital asset trading volume, and its growth has continued steadily. Today, it serves over 35 million users across more than 170 regions.

The platform supports spot trading, futures, and copy trading, offering flexibility without leaning too heavily in one direction. It’s suitable for traders at all levels and provides access to a broad range of altcoins. MEXC is known for listing emerging tokens early, including meme coins and low-cap projects, attracting users looking for new opportunities.

Security at MEXC is also top-notch. The exchange uses advanced protection protocols and maintains regulatory ties in various regions. It also supports multiple languages to accommodate its global user base. In 2021, MEXC was awarded “Best Crypto Exchange Asia” at Crypto Expo Dubai.

In 2023, regulators in British Columbia, Austria, and Germany issued warnings, and MEXC lost its license in Estonia. These events raised concerns, but since then, the platform has operated smoothly and remains a trusted exchange for many users. Read our full review of MEXC Exchange.

How to Create Your MEXC Account?

Creating an account on MEXC is a quick process that only takes a few minutes. The platform allows users to register using email, phone number, or third-party accounts like Gmail or Apple ID. Follow the steps below to set up your account.

1. Visit the Website

Open your browser and go to https://www.mexc.com. On the homepage, you’ll see an option to register using your email or phone number. If this option doesn’t appear right away, click the “Sign Up” button at the top left of the screen. This will take you directly to the registration page.

2. Enter Contact Details and Create a Password

On the registration page, enter your email address or mobile number. In this guide, we’ll use an email address. You’ll also be asked to set a password. The password must be at least 10 characters and include a mix of uppercase letters, lowercase letters, numbers, and special symbols.

If you prefer, you can register using a third-party service such as Gmail, Apple ID, MetaMask, or Telegram by clicking the corresponding icon on the page.

3. Enter Referral Code (Optional)

You’ll see a field labeled “Referral Code.” This step is optional. If someone invited you to the platform and gave you a code, you can enter it here. If not, simply leave it blank and proceed by clicking the “Sign Up” button.

4. Verify Your Email

After submitting your details, MEXC will send a 6-digit verification code to your email. Open your email inbox, find the code, and enter it in the field provided on the MEXC site. Once done, click “Confirm” to continue.

5. Your Account is Created

You now have a registered MEXC account. Before you can start trading or access the full features of the exchange, you’ll need to complete identity verification. We’ll walk through the KYC process in the next section.

How to Complete KYC on MEXC?

KYC, or “Know Your Customer,” is the identity verification process that enhances account security, unlocks higher withdrawal limits, and gives access to exclusive features. MEXC offers two KYC levels: Primary and Advanced. Each serves different purposes and comes with distinct limits.

Primary KYC Verification

Primary KYC allows a 24-hour withdrawal limit of 80 BTC. It involves submitting basic identification documents.

1. 1.  Open the Identification Page: Log in to your MEXC account. Click the user icon in the top-right corner and select “Identification” from the dropdown menu.
      
   2. Select Primary KYC: Click “Verify via Web” next to the Primary KYC section. If you plan to complete Advanced KYC directly, you can skip this step.
      
   3.  Choose Country and Document Type: Select your country or region, matching the issuing country of your ID. Then choose the type of document to submit.
   4. Upload ID Photos: Upload clear images of the front and back of your ID. Ensure all corners are visible and the text is legible. You may upload from your device or take photos directly. Click “Submit for Review.” MEXC usually verifies Primary KYC within 24 hours.

Advanced KYC Verification

1. 1. Access Advanced KYC: Go to the Identification section again and click “Verify via Web” under Advanced KYC.
      
   2. Start Verification: Review the requirements for facial recognition. Prepare your ID and move to a well-lit location. Then click “Start Verification.”
      
   3. Provide Identity Details: If Primary KYC wasn’t completed, select your country/region and ID type. If it was completed, the country is pre-selected, and only the ID type is needed.
   4. Upload Your ID: Submit images of the front and back of your ID. Ensure they are clear and complete. Then click “Continue.”
   5. Enter Residential Address: Fill in your residential location and click “Continue.”
      
   6. Complete Facial Verification: Click “I’m Ready” and follow the instructions to complete the facial scan. Use a well-lit environment and keep your face visible.
   7. Wait for Approval: Your application is reviewed within 24 hours. If images or the facial scan are unclear, the verification may fail.

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How to Deposit on MEXC?

MEXC allows users to deposit funds through both crypto and fiat options. Each method has its own steps and requirements. Below is a detailed guide for both.

Deposit Fiat on MEXC

MEXC supports over 50 fiat currencies and allows users to buy Bitcoin and more than 99 other tokens via bank transfers, including SEPA.

1. 1. Open Fiat Deposit Page: Visit the MEXC homepage. Click on “Buy Crypto” in the top navigation bar and select “FIAT Deposit” from the dropdown.
      
   2. Choose Currency and Enter Amount: Select your preferred currency. For this example, choose Euro and enter the deposit amount. Click “Continue.”
      
   3. Review Order Details: You’ll be redirected to the order page. If you’re depositing fiat for the first time, MEXC will generate an IBAN account under your name using a third-party provider.
      
   4. Make the Payment: MEXC provides both a QR code and full bank details for your convenience. Use a bank account registered under the same name as your MEXC account—otherwise, the deposit will fail.
      
   5. Confirm the Payment: Once you’ve completed the payment, click “I’ve Paid” on the order page.
      
   6. Wait for Processing: SEPA Instant Transfers are usually processed within 2 hours. Standard SEPA deposits may take up to 2 business days.

Deposit Crypto on MEXC

Depositing cryptocurrency to MEXC involves selecting a network and sending funds from your wallet or another exchange.

1. 1. Go to Deposit Page & Select Deposit Type: Log in and click on “Deposit” in the top-right corner of the homepage. A pop-up window will appear. Choose “On-Chain Deposit”.
      
   2. Choose Token and Network: On the deposit page, select the cryptocurrency you want to deposit and the matching blockchain network. Accuracy is essential—using the wrong network will lead to loss of funds.
      
   3. Copy the Deposit Address: Copy the wallet address shown or scan the provided QR code using your external wallet.
      
   4. Send the Funds: Go to your external wallet or exchange, paste the MEXC address, and send the funds. Processing time depends on the cryptocurrency and network selected. The deposit will show up once the network confirms the transaction.

Understanding Order Types on MEXC

Before entering spot or futures trades on MEXC, users must understand the order types supported by the exchange. Each type functions differently and influences trade execution based on market conditions and user preferences.

Limit Order

A limit order allows the user to set a specific price at which they want to buy or sell an asset. The trade only executes at that price or a more favorable one. If the order price matches existing orders in the order book, the trade executes immediately. Otherwise, it remains open until matched or manually canceled.

Example: A user wants to buy BTC at 60,000 USDT. They place a limit buy order at that price. If the market price drops to 60,000 USDT or lower, the order executes.

Market Order

A market order executes immediately at the current best available market price. Users only need to input the quantity; the system handles the rest. This method provides fast execution but may involve price slippage during volatile conditions.

Example: A user places a market order to buy 5 ETH worth 10,000 USDT when ETH is trading at 2,000 USDT. Due to price fluctuations during execution, they might receive slightly more or fewer tokens than expected.

Stop-Limit Order

A stop-limit order includes two prices: the stop (trigger) price and the limit price. When the market price hits the stop price, a limit order is placed at the predefined limit price.

Example: A user holds BTC trading at 61,000 USDT and wants to sell if it drops. They set a stop-limit sell order with a stop price of 60,000 USDT and a limit price of 59,500 USDT. Once BTC hits 60,000 USDT, a limit sell order is placed at 59,500 USDT.

Trigger Limit Order

A trigger limit order works by monitoring a selected benchmark price (market price, index price, or fair price). Once this price hits the user-defined trigger level, the system places a limit order with the user’s chosen price and quantity.

Example: A user wants to buy ETH if the market price crosses 1,800 USDT. They set a trigger limit order with a trigger price of 1,800 USDT and a buy price of 1,790 USDT. Once the benchmark price reaches 1,800 USDT, a limit order is placed at 1,790 USDT.

Post Only

Post-only orders enter the order book but never match with an existing order immediately. If a match occurs at placement, the system cancels the order. This ensures the user acts as a maker, earning potential fee rebates for adding liquidity.

Example: A user places a post-only buy order for SOL at 150 USDT. If there’s already a sell order at that price, the system cancels the order to avoid immediate execution.

TP/SL (Take Profit / Stop Loss)

TP/SL orders help manage open positions by automating profit-taking and risk-limiting actions.

Two methods to use TP/SL:

1. 1.  While Opening a Position: Users can pre-set a TP/SL order during trade setup. Once the position opens, the system automatically places a TP/SL order using the specified trigger price and type.
   2. While Holding a Position: Users can assign TP/SL to an existing open position. When the trigger condition is met, the system executes a market order to close the position based on the set quantity.

Example: A user buys BTC at 60,000 USDT. They set TP at 63,000 USDT and SL at 58,000 USDT. If the market hits either price, the system closes the position automatically.

Trailing Stop Order

A trailing stop order activates only when the price movement meets both the activation price and the user-defined trailing difference. It helps lock in profits or limit losses during market reversals.

Example: A user sets a trailing stop order to sell ETH when it rises to 2,000 USDT with a trailing distance of 50 USDT. If ETH peaks at 2,100 USDT and then drops by 50 USDT to 2,050 USDT, the system triggers a market sell order.

MEXC Spot Trading Tutorial

Spot trading on MEXC allows users to buy and sell cryptocurrencies directly at current market prices. With support for over 2,900 tokens and pairs, MEXC offers a wide range of trading options including stablecoin pairs like USDT/ETH and crypto-to-crypto pairs such as BTC/ETH. This tutorial walks through how to place a spot trade using a limit order.

1.   Go to MEXC Spot Market

Start by logging into your MEXC account. From the homepage navigation bar, hover over “Spot” and click on “Spot” from the dropdown menu. This redirects to the spot trading interface where you can begin trading.

2.   Get Familiar with the Interface

Understanding the layout of the trading interface is crucial before placing an order.

• Trading Pair Selection Area: Located on the left, this section allows users to filter or search for available trading pairs. You can scroll through the list or use the search bar to find specific pairs quickly.
• Chart Area: In the center, the chart displays real-time price movements for the selected trading pair. Users can switch timeframes based on their preferences for better analysis.
• Order Book: On the right side of the chart, the order book displays active buy and sell orders for the chosen pair. It helps identify market depth and liquidity.
• Order Panel: Below the chart and order book is the order panel. This is where users input trade details such as order type, price, and quantity before submitting the trade.

3.   Choose a Trading Pair

On the left side, locate the trading pairs section. You can either scroll through the list or type the desired pair in the search bar. For this tutorial, we have selected BTC/USDC trading pair for demonstration.

4.   Choose an Order Type

In the Order Panel, you will find options to select your preferred order type. These include Limit, Market, and Stop-Limit orders. For this example, we have selected Limit Order, which allows you to set the price at which you want to buy BTC.

5.   Enter Trade Details and Click Buy

Once the order type is selected, proceed to input your trade details:

• Enter your limit price for BTC.
• Specify the amount of USDC you want to spend.

After reviewing the input values for accuracy, click on the “Buy BTC” button.

6.      Wait for Your Order to Fill

Because this is a limit order, it will only execute when the market reaches your specified price. Until then, the order will appear in the Orders section below the panel. Once the price matches, the trade executes, and BTC is credited to your spot wallet.

MEXC Futures Trading Tutorial

MEXC offers perpetual futures contracts, which allow traders to speculate on the price of cryptocurrencies without owning the underlying asset. Unlike spot trading, where the asset is exchanged immediately, futures trading involves agreeing to buy or sell an asset at a set price in the future. MEXC supports over 300 futures pairs, with leverage up to 200x (and in some cases up to 400x). For this tutorial, we’ll use USDT-M Contracts and Isolated Margin.

1.   Go to MEXC Futures Market

Log into your MEXC account. On the homepage navigation bar, hover over “Futures” and select “USDT-M Futures” from the dropdown menu. This opens the USDT-M futures trading interface, where you can begin placing trades.

2.   Get Familiar With the Interface

Understanding the layout of the futures trading page is essential before entering a position.

• Trading Pair Selection Area: On the left side, click on the current pair to open the list. You can scroll through or search for any futures pair quickly.
• Chart Area: In the center, view real-time price charts of the selected futures contract. Adjust timeframes and indicators based on your strategy.
• Order Book: On the right, the order book shows active buy and sell orders. This gives a sense of liquidity and price levels.
• Order Panel: Below the chart is the panel where you’ll configure your trade—order type, margin mode, leverage, direction, price, and amount.

3.   Select a Trading Pair

To select a futures trading pair, click on the currently displayed pair on the upper left of the interface. A dropdown will appear. Use the search bar or scroll through the available contracts. For this tutorial, we will be choosing BTC/USDT.

4.   Choose an Order Type

In the Order Panel, you’ll find multiple order types: Limit, Market,and Trigger. For this tutorial, we are going with the Limit Order, which lets you define the exact price at which your trade opens.

5.   Choose Margin Mode and Leverage

Select the Margin Mode—we are choosing Isolated Margin for this tutorial. Isolated Margin limits your margin allocation to a single position, reducing the risk of losing your entire portfolio.

Next, adjust the leverage. MEXC supports up to 200x leverage, but higher leverage increases risk. For this demonstration, we are selecting 10x leverage, which will allow us to open a position 10 times the size of your allocated margin.

6.   Enter Trade Details

Decide the direction of your trade:

• Long: You expect the asset’s price to rise.
• Short: You expect the asset’s price to fall.

For this example, we’ll be showing you how to open a Long Position.

In the Order Panel:

• Enter your Limit Price for BTC.
• Input the USDT amount you want to allocate.

Double-check the information and click “Open Long”. The order will appear in the Orders section and execute once the market reaches your limit price.

7.   Monitor Your Position

After your order is filled, go to the Open Positions tab at the bottom of the interface. This section displays:

• Position Size
• Unrealized PnL
• Realized PnL
• Entry Price
• Liquidation Price

Use this information to assess the status of your trade and manage risk effectively.

8.   Add Stop-Loss/Take-Profit

Managing risk is critical in futures trading. In the Open Positions tab, scroll to the right and locate the TP/SL option.

• Click TP/SL to set a Take-Profit (TP) and Stop-Loss (SL).
• The TP ensures your trade closes automatically when a profit target is reached.
• The SL limits losses by closing the trade if the price moves against your position.

You can also close your position manually using the “Flash Close” button or by entering specific price and quantity values right next to the “Close Position” option. These controls allow partial or full closure of your open trade.

MEXC Copy Trading Tutorial

MEXC’s copy trading feature lets users automatically mirror trades made by professional traders. This lowers the entry barrier for beginners who want to participate in futures trading without building their own strategies. Here’s how to start copy trading on MEXC, explained step by step.

1.   Log in and open the Copy Trade page

Visit the official MEXC website and log in to your account. On the top menu, click “Futures” and then select “Copy Trade” from the dropdown list. This opens the main MEXC Copy Trade interface, where you can view trader profiles and set up your copy trading configuration.

2.   Select a trader to copy

Scroll through the page to explore trader rankings. MEXC sorts traders by performance metrics like overall ranking, highest ROI, and highest PNL. Click “All Traders” to view the complete list. Once you find a trader that fits your preferences, click “Copy Trade” next to their name to begin the setup process.

3.   Choose futures pairs to copy

On the left panel of the Copy Trade Parameter Settings page, select the futures trading pairs you want to include. You can check “All” to copy all of the trader’s supported futures pairs or select specific ones manually.

4.   Select a copy trading method

On the right panel, choose one of the three available copy trading methods:

• Smart Ratio: Copies the trader’s position size based on a ratio relative to their balance.
• Fixed Amount: Uses the same amount of margin for each copied trade.
• Fixed Ratio: Allocates a multiple of the trader’s trade size for your copy trade.

MEXC recommends using the “Smart Ratio” method as a starting point, especially for new users.

5.   Configure trading settings

Ensure your copy trade amount is at least 0.01 USDT. If your spot account doesn’t meet this requirement, click “Transfer Funds” to move assets from your fiat or futures wallet.

Under “Trader’s Liquidation Settings,” select either “Follow to Close” or “Do Not Follow.” This determines whether your position closes if the trader is liquidated.

Under “More Settings,” configure risk management parameters including leverage, margin, and slippage. Once everything is set, click “Next Step” to continue.

6.   Review and submit

Check all the settings you’ve applied. Make sure everything aligns with your risk and strategy preferences. Once confirmed, click “Submit” to complete the copy trading setup.

7.   Analyze trader profiles

Back on the “Top Traders” page, you can review more trader options. Traders are ranked by metrics such as 7-day ROI, PNL, win rate, trading frequency, and follower count. The panel also shows each trader’s profit-sharing ratio, giving insight into their compensation structure.

8.   Filter and assess more traders

Click the “All Traders” tab to explore additional options. Use filters like total ROI, 7-day PNL, and win rate to narrow down your choices. Each trader’s card displays past trade history, statistical performance, and strategy keywords. Use these data points to make an informed decision. Remember that past results don’t guarantee future profits. Manage exposure carefully and consider setting TP/SL levels.

9.   Manage your active copy trades

Go to the “My Copy Trades” section and click “My Traders” to see the list of traders you currently follow. From here, you can:

• Click “Edit” to change futures pairs or adjust trading methods and risk settings.
• Click “Unfollow” to stop copying a trader.
• Use the pencil icon next to “Copy Trade Amount” to increase or decrease your investment per trade. The minimum copy trade amount remains 0.01 USDT.

MEXC Key Trading Features

MEXC offers a variety of trading tools and features that support both new and experienced traders. Below are the key trading features explained in detail.

MEXC P2P Market

The MEXC P2P (peer-to-peer) trading platform enables direct crypto transactions between users. It supports several fiat currencies, including RUB, KRW, VND, INR, MYR, and UAH. Users can post offers to buy or sell crypto at preferred rates, eliminating the need for intermediaries.

One of the main benefits is zero trading fees for both buyers and sellers. This helps users get the exact value of their trades without deductions. The platform supports over 30 payment options, including bank transfers and popular e-wallets. This variety makes the P2P feature flexible and accessible for users across different regions.

MEXC Demo Trading

MEXC provides a demo trading environment designed for beginners who want to practice without financial risk. It simulates real-time market conditions and gives users a virtual balance of 50,000 USDT to explore the perpetual futures market.

Demo traders can access advanced charting tools, indicators, and order types, all integrated via TradingView. These tools help users build familiarity with the interface and test strategies under simulated market conditions. Since profits and losses in demo trading are not real, users can make mistakes and learn from them without losing actual funds.

MEXC Futures M-Day

Futures M-Day is a special event hosted by MEXC to reward active futures traders. Participants can earn incentives based on their trading volume. The more a user trades, the more benefits they receive during the event.

One major advantage of M-Day is the reduction in taker fees, which can drop to as low as 0.01%. This can significantly cut trading costs, especially for high-volume traders. Additionally, MEXC includes a lucky draw element. Users qualify by registering for the event and completing a perpetual futures trade. Each trade contributes to earning tickets, which increases the chances of winning rewards.

How to Withdraw on MEXC?

MEXC allows users to withdraw both fiat currency and cryptocurrencies. The process differs depending on whether you’re transferring funds to a bank account or a crypto wallet. Below are step-by-step instructions for each method.

Withdrawing Fiat on MEXC

MEXC supports fiat withdrawals in currencies like EUR. Users can transfer fiat funds to previously verified payment accounts.

1. 1. Navigate to Fiat Withdrawal Section: From the MEXC homepage, click on “Buy Crypto” in the top navigation bar, then select “Fiat Deposit.” This opens the fiat transaction page.
      
   2. Select the “Fiat Withdrawal” Tab: Click on the “Fiat Withdrawal” tab to begin the process. This switches the interface from deposit to withdrawal mode.
      
   3. Choose the Receiving Account: Select the payment account used during fiat deposits. This ensures the funds return to a verified source.
      
   4. Enter Withdrawal Details: Input the withdrawal amount in your selected fiat currency (e.g., EUR). Choose the receiving account and click “Continue.”
   5. Confirm Withdrawal Order: Review the order summary in the confirmation popup. Ensure that the amount, receiving account, and currency are accurate.
      
   6. Complete 2FA Verification: Enter the six-digit code from your Google Authenticator app. If needed, you can switch to mobile or email verification for this step.
      
   7. Track Your Withdrawal: Once submitted, the withdrawal will begin processing. Funds are typically received within two business days. To view the transaction history, go to the “Orders” tab where all fiat deposit and withdrawal activity is listed.
      

Withdrawing Cryptocurrency on MEXC

Crypto withdrawals let users move funds to external wallets securely. Here’s how to complete one.

1. 1. Open the Withdrawal Interface: Hover over the “Wallet” tab at the top of the homepage and click “Withdraw.” This takes you to the crypto withdrawal page.
      
   2. Select the Cryptocurrency: Choose the token you want to withdraw from the list. MEXC supports a wide range of assets, so make sure you pick the right one.
      
   3. Enter Withdrawal Information: Choose the correct blockchain network that matches the receiving wallet. Using the wrong network can result in permanent loss of funds. Enter the recipient’s wallet address carefully. And specify the amount of crypto to withdraw.
      
   4. Review and Confirm: Double-check the wallet address, selected network, and amount. Once confirmed, click “Submit” to process the withdrawal.

Always verify all details before submitting any transaction. Mistakes can lead to irreversible losses, especially with crypto withdrawals. Two-factor authentication should remain enabled to protect your assets.

MEXC Fees

MEXC stands out with its low fees, making it an excellent option for many users. Deposits are free, which is always nice to have. Withdrawal fees, however, vary depending on the asset you’re withdrawing as you will have to pay the blockchain fee.

For spot trading, makers pay zero fees, while takers face a 0.050% fee. The fee structure for futures trading is similarly low: makers again pay nothing, while takers are charged 0.020%. The complete breakdown of the trading fee structure can be seen here.

Is MEXC Secure?

MEXC implements multiple layers of security to protect user accounts and funds. Two-factor authentication (2FA) is mandatory for sensitive actions, requiring a secondary code via email or the Google Authenticator app. Most user assets are stored in cold wallets that remain offline, minimizing exposure to cyberattacks. Only a small portion is kept online to support withdrawals and trading. Data transmission is secured using SSL and AES-256 encryption protocols, which prevent unauthorized access during login or transactions. An anti-phishing code can be set by users to verify the authenticity of emails received from the platform. MEXC also allows users to whitelist withdrawal addresses, ensuring that funds can only be sent to approved wallets. The platform runs regular vulnerability tests and encourages users to report bugs through a bounty program, helping to identify and fix risks before they become threats.

Final Takeaway

MEXC provides a comprehensive trading experience, offering everything from spot and futures trading to fiat and crypto withdrawals. The platform supports thousands of trading pairs, high-leverage futures contracts, and flexible margin modes, making it suitable for users with varying levels of experience. Its user-friendly interface and detailed trading panels simplify the process of placing orders, managing positions, and securing assets. With robust security measures like 2FA, cold storage, anti-phishing codes, and withdrawal whitelists, MEXC ensures user protection at every step. After reading this tutorial, you will have the practical knowledge and understanding needed to use the platform with confidence and place trades on MEXC with ease.

Frequently Asked Questions – FAQs

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