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The crypto industry is made up of a huge variety of exchanges, all with slightly different benefits and drawbacks. While many people prefer to stick to top-rated exchanges like Binance and Coinbase, there are many others on the market. One of which that has made a name for itself is MEXC Global – this is a trading platform with a wide array of features and tools attached to it, which in many ways makes it appear more like an interconnected ecosystem. This collection of tools and features is the primary focus of my MEXC review.

The MEXC exchange is well-regarded, with many fans and a growing user base. It serves a lot of different purposes and needs, making it desirable for people who like to try out a range of trading methods and styles. But how well-suited is it to these different areas, and does it deserve the reputation it has? Not only this, but people often wonder is MEXC available in the US.

These are major questions I will be examining as I explore the MEXC crypto exchange, delving into the aspects of it that stand out, and highlighting its important elements such as MEXC fees, application, trading dashboards, and several others. Afterward, you will know what exactly it is that makes MEXC shine, as well as have an understanding of its shortcomings, and how they affect the end user.


  • Spot and futures trading
  • Futures demo trading portal
  • Copy-trading tools
  • Leveraged ETF listings
  • Low fees
  • Global availability


  • Limited fiat withdrawals
  • No NFT support

What is MEXC?

MEXC Global is a crypto trading exchange that is aimed at all forms of traders, from retail, all the way up to institutional. It is a service that incorporates a range of different trading styles, such as spot, futures, and ETFs, creating a platform that usually has something for everybody. This essentially makes it an all-rounder, when it comes to this industry, much like leading companies such as Binance and KuCoin, rather than a specialist exchange.

MEXC Global supports a large number of cryptocurrencies and often includes newer, less established coins and tokens that may not be available on other exchanges. This has made it popular among traders looking for early investment opportunities. The company also distinguishes itself through a commitment to security and user experience, via its advanced security protocols to safeguard user funds and personal information.

MEXC review: landing page.

In an effort to cater to a collection of different audiences, MEXC Global provides multilingual support and has a broad geographical reach. This international focus is reflected in their variety of supported cryptocurrencies, which often include regional and country-specific tokens. It is also echoed through its desire to form relationships with professional institutions, as well as serve retail investors from multiple regions.

It would be fair to say that the MEXC exchange has a keen eye for attracting a plethora of customers, covering many bases in this ever-changing and evolving industry. However, whether it serves these bases well is of particular importance to my MEXC review, with an enhanced focus on the average trader.

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Let's delve deep into this MEXC review by highlighting its strong points. Starting here is beneficial as it sheds light on the characteristics and functionalities that captivate its users, and helps to elucidate why someone would opt for the MEXC exchange for their trading requirements, rather than other well-established options like Coinbase or Binance, for example.

Spot and Futures Trading

The MEXC exchange supports both futures and spot trading. Spot trading is where somebody purchases a cryptocurrency for immediate delivery and settlement, where the transaction is handled instantaneously, or "on the spot”. It is the most common form of trading, and is usually what most newcomers and beginners think of when they consider this industry.

MEXC review: trading chart.

Futures trading, on the other hand, is a little different. This involves buying and selling futures contracts, which are agreements to buy or sell a specific quantity of a particular asset at a certain price and date in the future. Unlike with spot trading, the buyer does not own the asset in question after the transaction. Instead, they own a contract that gives them the right to buy or sell the asset at a specific price on a specific future date.

Futures contracts are used to hedge against price changes or to speculate on price movements. They are a little more complicated than spot trading, and can be riskier, so they are usually thought of as an instrument for intermediate and advanced traders, rather than newcomers. It is good to see that both futures and spot trading are offered by MEXC, as it shows that they are interested in this type of clientele just as much as less advanced investors.

It is important to note in this MEXC review that, when it comes to interfaces, this exchange does not discriminate between the two. Both MEXC’s Futures dashboard and its spot trading dashboard are fully-fledged and feature-rich, containing a range of financial tools and types of data that any trader would expect to have if they wanted to make informed decisions.

MEXC review: new listings.

Not only this, but both dashboards even have integration with TradingView, one of the leading trading metrics companies on the market, offering precise technical analysis tools. While complete beginners might not appreciate this type of integration, advanced users will be very happy to know that they have access to such information right inside the console, rather than having to switch tabs for it on their web browser.

In addition to this, the MEXC exchange even presents users with a live and regularly updated market depth view. This is a snapshot of the demand for a particular cryptocurrency. It is often presented in the form of a chart that visually represents the levels of supply (sell orders) and demand (buy orders) at different price points.

Depth views contain two sides. They have "bids," or buy orders, which are orders to purchase the cryptocurrency at a specific price. The bids are represented on the left side of the chart and are shown in green. And they have "asks," or sell orders, which are orders to sell the cryptocurrency at a specific price. The asks are represented on the right side of the chart and are shown in red.

MEXC review: depth view chart.

These are great because they show traders what type of liquidity is on the exchange, whilst also giving a visual representation of the supply and demand available. In other words, they are a way of ensuring that traders can make fact-based decisions and keep up to date with the trading landscape on a second-by-second basis.

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Futures Demo Trading

Not only does MEXC offer futures trading, but it even offers a demo trading tool. This is essentially a type of sandbox or playground that allows traders to learn in a risk-free way how to trade cryptocurrencies via futures contracts. With the demo trading tool, you can practice trading with virtual funds without putting up any of your own money. This is a great way to learn about the different markets, how to use the MEXC platform, and develop your trading strategies.

It is fantastic for people who want to get involved with crypto, but are nervous about making mistakes. In this sense, the MEXC futures demo trading tool works as a way of dipping your toes into the trading waters without incurring any dangers. It is also a good tool for young adults (over the age of 21) who want to get acquainted with crypto in a safe environment. They could use MEXCs demo trading interface to get the hang of the crypto trading industry.

MEXC review: demo trading drop-down.

This is arguably one of the most beginner-friendly tools an exchange can offer, as it eases them into the nature of trading, in an environment where experimentation and making mistakes is encouraged, as it helps to gain insights and learn how to act when people transition into real trading.

A Copy-Trading Environment

Yet another great beginner’s tool is MEXC’s copy-trading interface, available after you complete MEXC KYC. Copy-trading is a form of social trading where investors copy the trades of other, more experienced individuals, or where they copy the actions of their peers. It can be a great way for newcomers to learn the ropes by focusing on the behavior of another, although, unlike with demo trading, it is not without risk.

The best way to think about copy-trading is to see it as training wheels, where you observe somebody else and then consensually mimic or echo their activity. The worst way to think about it is to see it as absolving yourself of the actions and outcomes that affect your money. Copy-trading is passive in the sense that you are not making every decision, but active in the sense that you still choose who to sync yourself with.

MEXC review: copy trading details.

In the world of crypto, copy-trading has become increasingly popular, as this industry has always had a strong social media streak running through it, due to it being a digital-native asset class. This is why it is so important to highlight it in this MEXC review. This particular brand of copy-trading has some great features for people to keep in mind.

For starters, the stats of every trader you can copy from are displayed and updated momentarily, with top performers shown within a leaderboard. Users’ ROI, PNL, and win rate are displayed for both their last seven days, and their overall timespan as a copy-trader. Not only this, but you can also see what their trading style is like, with the badges that get pinned to each user.

For instance, traders can be marked as being stable, long-term, short-term, aggressive, high-frequency, and low-frequency. However, this is not an exhaustive list. Having this type of information at hand is extremely useful as it gives you an indication of how these traders will react to certain actions and behaviors exhibited by the markets.

MEXC review: top traders.

When it comes to choosing a trader to copy from, it cannot be understated just how necessary it is to know this, as the way a trader acts is just as important as how successful a trader is overall. This is because, if you choose to pair with them, you are going to be matching their actions and moving in tandem, and so you need to be comfortable with how they conduct their business. It takes a certain type of person to be able to stomach some trading actions if they do not agree with them, even if they are typically successful.

Copy-trading offers a symbiotic relationship for both parties. While those who copy others get the benefit of following the actions of esteemed individuals, those who offer to get copied receive profit shares. This is the act of getting extra money when people who follow them make gains. It is essentially a way of rewarding talented traders by giving them additional revenue for their apt and savvy actions.

MEXC review: individual trader screen.

Considering how, on MEXC, you can have up to 1000 followers, this profit sharing can amount to a huge sum of money. In this sense, it may even be hard to conceptualize just how profitable such activity can be. But of course, it is dependent on being successful on the trading floor.

Leveraged ETF Listings

One trading instrument that is not offered by many exchanges is leveraged ETF listings. These are a type of investment that allows you to trade a basket of assets with a multiplier. This means that you can control a larger position than you would be able to with a regular ETF, which can magnify your profits or losses, available on their website and on the MEXC app. They are not exactly futures, but they are a type of derivative that sometimes incorporates futures into them.

They are arguably a standout feature of the exchange, and therefore are worth some discussion within this MEXC review. The service offers x3 and x5 leveraged ETFs, and these can be in short or long positions. A long position is when you buy an asset in the hope that its price will go up, and a short position is when you borrow an asset and sell it, hoping that its price will go down so you can buy it back at a lower rate.

MEXC review: leveraged ETF page.

These can be in Bitcoin, Ethereum, Litecoin, and, surprisingly, even Binances BNB. On that note, it's also worth noting that Binance actually offers its own service which is similar in nature, referred to as Binance Leveraged Tokens. These are practically identical to that which MEXC provides, although it is worth taking a look yourself as there are some key and specific differences that are still relevant nonetheless.

Very Low Fees

No MEXC review, or exchange review of any matter, would be complete without a discussion of the fees. This is an area where the service shines, as MEXC’s fees are very low. For spot trading, its maker and taker fees are set at 0%. This is great for retail traders and institutional investors alike, as it means they do not need to worry about their money getting eaten up by the exchange itself.

MEXC review: exchange trading details.

MEXC futures fees are also relatively reasonable, with its maker fees being 0%, and its taker fees being 0.01%. Its leveraged ETF fees are a little steeper, with both maker and taker fees being set to 0.2%, although even this is not bad, given that derivatives have a reputation for having slightly higher fees than other financial instruments.

In fact, it may be fair to say that MEXC’s low fees are one of the primary reasons why people flock to it. It is undeniably important that traders keep fees in mind because they are a cost that can very easily sneak up on you. Corporations factor this in as a given, but some retail traders who are just starting out can easily forget about it.

Global Availability

Some people wonder "is MEXC available in the US"? MEXC Global definitely lives up to its name by having worldwide availability. MEXC is available in the US, along with 170+ other countries. This includes the UK, India, Canada, and South Korea (to name a few). This makes the MEXC exchange a highly international one. It also means that there is a lot of access to liquidity on a global scale.

MEXC review: credit and debit card purchases.

One of the perks of using an international exchange like MEXC is that you can be sure that it follows the regulatory rules of many different jurisdictions. What makes this positive is that it means it must be very careful with how it operates, ensuring that everything is by the books, as it has many rules to follow from many different nations and locations.

It is, however, also worth noting in this review that global exchanges are not exactly a rarity. Top performing platforms like Binance and Kucoin have an international presence, as well as US availability (much like MEXC).

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This MEXC exchange review would not be comprehensive without a detailed look into its potential shortcomings and drawbacks. Let's delve into the disadvantages I've encountered on this platform and ecosystem.

Limited Fiat Withdrawals

Perhaps the most disappointing aspect within this MEXC review is that it does not facilitate fiat withdrawals. For all of its variety of tools and features, it seems to be lacking this deeply important one. While it is possible to buy crypto with fiat bank transfers and credit cards (including USD, as MEXC is available in America), there is little that can be done to transfer assets the other way around.

MEXC review: P2P selling.

It means that, if you want to take your money out of crypto, then you will effectively need to transfer it to another exchange that can do this for you, such as Binance or Coinbase. Theoretically, MEXC does have the capability to do this via its P2P portal, but its availability is disturbingly low.

In fact, when I checked this, I found that the only fiat currencies being supported were VND, RUB, and KRW. There was no USD, EUR, or GBP option at that moment. This is because it will all depend on which parties are actually using the P2P portal, and which ones are open to facilitating such trades.

Without having clearly defined fiat withdrawal options, this makes MEXC feel like half an exchange. It almost makes it as limited as a decentralized exchange, where you would expect there to be no fiat activity as they can only handle cryptographic assets. The fact that this is a centralized service with so many tools and features available, and yet no decent fiat off-ramping is rather odd.

MEXC review: third party portal.

It makes the whole project feel frustrating. Not only is this an annoyance, but it can also have real-world financial consequences for traders. The act of moving funds from one wallet to another can be costly, depending on the cryptocurrency, and so this can eat away at profits. It may be good that MEXC fees are low, but transferring to another location will still cost traders.

This is such a fundamental part of centralized exchanges that no matter what MEXC’s crypto options are, they will always be overshadowed by the platform’s lack of utility when exiting the market. This aspect needs emphasis within my MEXC review because, without a direct method of leaving, it is natural that some retail traders will leave their money on the exchange, which could be detrimental if the price of the currency they leave it in falls significantly.

For example, if somebody makes money on BTC, but stalls the process of transferring it to another exchange with fiat off-ramps such as Coinbase, then when they get around to doing that, they could find themselves at a loss, due to the volatility of the market. There are even dangers with leaving money in stablecoins. Although they are generally considered safer due to their lack of volatility, they still come with inherent risks, as all cryptocurrencies do.

MEXC review: fiat assets page.

Hopefully, off-ramping gets added to MEXC at some point in the future, because without it, this is a serious limitation.

No NFT Support

The crypto industry is not like it used to be, and even centralized exchanges have had to get with the times and keep themselves updated and fresh. One of the biggest alterations that CEXs have faced is that some of them now support NFT trading. Binance is definitely a leader when it comes to this, although there are others as well, such as ByBit.

However, MEXC does not have any support of this nature. Despite the changing and evolving of this space, MEXC is crypto, but not NFT, inclusive. There is no NFT marketplace or trading space for people to exchange these types of digital assets for money. That means, if somebody has a lucrative NFT they would like to trade, they need to find another platform that will facilitate such activity.

MEXC review: popular cryptocurrencies.

MEXC does, however, have NFT-related ETF indices attached to it, which helps take some of the sting out of the situation. These work by having MEXC buy a range of NFTs and then portion off percentages of them within an index, available to everybody else. If users purchase a certain amount of NFT index units, then they can get in touch with MEXC to trade them for an NFT. But this all sounds quite convoluted, and it feels as though the simple act of being able to buy an NFT outright should be an option.

How to Sign up to MEXC

Let’s take a look at how you can get involved with MEXC and begin using this exchange for yourself. This will cover the MEXC website, rather than the MEXC app.

Step 1: Go to the MEXC homepage. Here, you will see a landing page with a prominent signup button. Click on it.

MEXC review: homepage sign up.

Step 2: You will be given the option to sign up either with your email address or phone number.

MEXC review: create an account.

Step 3: After this, you will be given a verification puzzle, where you must choose the correct order of a set of icons. You will also be given a notification explaining how quickly you solved the puzzle, compared to the rest of MEXC’s customer base.

MEXC review: verification icons.

Step 4: A one-time password will be sent to your email address or phone number. Fill this number in on the signup screen, and afterwards, you will be granted access to your account.

MEXC review: account homepage.

You can now go ahead and explore the ecosystem as much as you want, although it should be noted that until you complete MEXC KYC, you will be limited in what trading activity you can do.

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I have covered a lot in this MEXC review. I have looked at MEXCs futures, fees, ETFs, demo playground, its lack of fiat withdrawals, and several other points. I have even assessed its global status and explained that MEXC is available in the US. It is fair to say that this is a multi-faceted platform with a lot of features to offer.

However, it is simultaneously also fair to note that it is lacking in some important aspects, as well. Namely, its lack of NFT support and its inability to offer fiat off-ramping. These are two big demerits, and factors that should definitely be taken into consideration. It is a shame that such a rich platform and ecosystem is missing out on elements that some would definitely consider fundamental.

These may be dealbreakers for some, but it is also fair to say that for many people, they may not mind this. For those who it does bother, they are likely to go and find other leading exchanges, such as Binance and ByBit, who can fill this gap and offer some of the features MEXC both has and lacks. However, these factors should not overshadow the positives within my MEXC review, and if this service seems enticing to you, it definitely makes sense to try it out yourself and see how you get along with it!

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

About Article's Experts & Analysts

By Aaron S.


Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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Is MEXC available in the US?

MEXC is available and operational in the US. This MEXC review shows that American citizens can most definitely use the platform. There are USD on-ramps as well, although, there are no USD off-ramps, which is problematic for many traders. If you are looking for somewhere that offers this, then it may be worth checking out Binance.

Is MEXC good for beginners?

MEXC has a range of beginner-friendly tools. For instance, its playground for futures, and its copy-trading community are two great examples. Its demo playground is designed to give people a safe space to explore trading tools and try them out for themselves without risking their own money. The copy-trading tool allows beginners to sync up their activity with somebody else, so they can follow their trading actions, which can help to develop their own trading habits. That being said, many enthusiasts would tell you that platforms such as Binance and Kraken are still better for beginners, at least general usability-wise.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.



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