Key Takeaways
- MEXC offers flexible savings, locked staking, or liquid staking via MXSOL;
- Staking on MEXC is generally straightforward. However, frequent updates to terminology and layout can make it tricky to follow older tutorials;
- Users can boost earnings through Launchpool, Kickstarter, referral rewards.
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Staking is a tempting way to grow your crypto without trading 24/7 – and the MEXC staking platform is one of the options that make it feel effortless. From simple, flexible savings to high-yield locked options and even liquid staking with MXSOL, MEXC provides a solid mix for both beginners and pro users.
Still, MEXC isn’t the only player in the game. Platforms like Binance Earn offer a wider token selection and various products, while Kraken stands out for its strong regulatory compliance and security.
In that case, which one should you go with? That actually depends on what you value most, and this guide will walk you through everything you need to know to make the right decision.
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Table of Contents
- 1. What is MEXC Staking?
- 1.1. MEXC Savings
- 1.2. SOL Staking
- 2. User Experience
- 3. How to Stake on MEXC (Step-by-Step Guide)
- 3.1. MEXC Savings
- 3.2. SOL Staking
- 4. Is MEXC Staking Safe?
- 5. MEXC Staking VS Other Platforms
- 6. Tips Before You Stake on MEXC
- 6.1. Research the Coin or Project First
- 6.2. Know the Lock-up and Unstaking Timeframes
- 6.3. Strengthen Your Account Security
- 7. Other Ways to Earn on MEXC
- 7.1. Launchpool Event Benefits
- 7.2. Kickstarter Event Benefits
- 7.3. Referral Program
- 8. Conclusions
What is MEXC Staking?
When it comes to MEXC Staking, the current term used is MEXC Earn, which is split into two main sections on the website: MEXC Savings and Solana (SOL) Staking.
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MEXC Savings
MEXC Savings is a simple way for users to earn rewards just by holding their crypto. Previously known as "Staking", the service was officially renamed MEXC Savings in February 2023.
There are two types of MEXC Savings:
- Locked Savings. Your crypto gets locked up for a set period, and you won’t be able to trade, transfer, or withdraw it during that time. It’s similar to a fixed deposit at a bank where early withdrawals aren’t allowed.
- Flexible Savings. This option gives you full access to your funds. That said, you can withdraw, trade, or transfer your assets anytime while still earning rewards. It works more like a regular savings account.
Once you successfully subscribe to MEXC Savings, the platform takes a snapshot of your assets on T+1 (the next day after subscribing). That’s when interest starts to accumulate. After that, your interest is distributed daily, and you can keep track of it right from your account.
On MEXC, this whole process is often called staking. In traditional crypto terms, staking usually means helping run a blockchain[1] by locking up tokens and getting paid in return. But on MEXC, even coins that don’t use the usual Proof-of-Stake system can be "staked" to earn rewards, making it easy for anyone to earn without needing to get technical.
At the time of writing, MEXC offers staking options for 25 tokens. However, not every token supports both Flexible and Locked options. Only USDC, USDT, ETH, and BTC currently offer both. For other coins, only one option may be available, so be sure to double-check availability on the platform before subscribing.
The annual percentage yield (APY) varies depending on the token you stake, ranging from 0.4% to 300%. Interestingly, MEXC often offers exclusive, high-yield promotions (sometimes up to 600% APR) for new users on select coins. This way, they can get an added incentive to try out the platform while maximizing potential returns on small deposits.
SOL Staking
Aside from MEXC Savings, the exchange supports Solana staking through a liquid staking system using MXSOL – when you stake SOL on MEXC, you receive MXSOL tokens in return.
MXSOL acts like a receipt for your staked SOL and represents both your principal and any staking rewards. It’s a liquid staking token (LST), meaning you can still hold or move it while your SOL continues earning interest behind the scenes.
Here’s a quick breakdown of how to stake SOL on MEXC:
1
Stake SOL and get MXSOL in your Spot account;
2
Hold MXSOL to keep earning staking rewards;
3
Redeem MXSOL for SOL at the current conversion rate anytime.
The value of your MXSOL grows over time as rewards accumulate. Instead of rewards being sent separately, they’re included in the value of MXSOL itself.
So, let’s say you stake 10 SOL and get 10 MXSOL in return. After a few days or weeks, due to staking rewards, your 10 MXSOL may be worth 10.2 SOL because the value of 1 MXSOL has increased. That said, the rewards are built into the token’s value – not given out as extra coins.
The conversion rate updates every Solana epoch, which happens about every 2–3 days. You can redeem your MXSOL back into SOL whenever you want, and your SOL and rewards will be sent to your Spot account within about 5 days.
Once converted back, your MXSOL will no longer accumulate staking interest.
Note that the estimated APY is variable and depends on things like validator performance, how much SOL is staked across the network, and other on-chain factors.
User Experience
The process of using the MEXC exchange for staking is generally smooth. Whether you access the exchange using the desktop version or the mobile app, the core flow remains intuitive: log in, go to the [Earn] section, pick your coin, choose between Flexible or Locked, and click [Stake Now].
Staking on the MEXC website is clean and fairly intuitive once you know where to look. For example, when you click [Stake Now] on your chosen asset, a pop-up will appear showing:
- Three lock-up durations (30, 60, 120 days) with corresponding interest rates
- A field where you enter the amount you want to stake
- A summary on the right detailing the subscription date, value date, interest distribution, redemption date, and unlocking time
- A checkbox to acknowledge the risks and the [Confirm and Stake] button
Everything is laid out in one place, making it easy to track what you’re agreeing to before committing your tokens. The mobile app, in particular, is also well-designed and visually guided; the process of selecting the staking duration to confirming the subscription feels straightforward.
However, I had issues with the frequent changes in layout and terminology. The features themselves don’t usually change, but MEXC sometimes updates the names or placement of buttons without updating the official guide.
For instance, what was once called "MEXC Staking" may now be found under "MEXC Savings" or "Smart Earnings", depending on the coin or device. This can be confusing if you’re following an older guide or tutorial, as the layout may not match exactly.
While the interface is user-friendly, new users may struggle to follow outdated tutorials or walkthroughs, especially if they’re switching between the app and web versions.
To avoid confusion, it’s a good idea to explore the app yourself and rely more on visual navigation and new labels rather than memorizing step-by-step instructions from guides that haven’t been updated.
📚 Read More: MEXC Review
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How to Stake on MEXC (Step-by-Step Guide)
Staking on MEXC is easy, whether you're using MEXC Savings for flexible or locked earnings, or exploring SOL staking through MXSOL. In this section, I'll walk you through both methods step by step via the website, but the process should be similar on the mobile app.
MEXC Savings
Through the MEXC Earn program, you can stake popular tokens like ETH and USDT and get rewards with just a few clicks. I’ll show you exactly how to get started, from funding your wallet to completing your subscription.
Then, I entered the amount, chose the network, selected a payment method, and completed the purchase.
Keep in mind that some tokens have a minimum subscription amount. For example, ETH requires at least 0.001 to subscribe. So, check the coin's minimum and deposit accordingly.
You’ve officially staked your crypto on MEXC. Now, keep an eye on your Earn dashboard to track your rewards.
SOL Staking
MEXC makes it easy through liquid staking with MXSOL. This method allows you to earn staking rewards while still holding a tradable token. Here’s a quick guide to help you stake your SOL on MEXC and start earning.
Once you've completed the steps, your SOL should be converted into MXSOL, which appears in your Spot Wallet. From there, you’ll start earning rewards automatically, with the value of your MXSOL growing over time. When you're ready, you can redeem MXSOL back to SOL at a real-time rate. It’s a smooth, flexible way to put your Solana to work without giving up liquidity.
Is MEXC Staking Safe?
MEXC staking is generally considered safe from a technical standpoint, thanks to the platform’s strong security features. The exchange uses cold wallet storage for the majority of user funds, along with two-factor authentication (2FA), anti-phishing codes, withdrawal address whitelisting, and encrypted communication protocols.
However, users should be aware of certain risks specific to centralized exchanges. Some MEXC users have reported sudden account freezes triggered by the platform’s "risk control" system, particularly after large deposits or withdrawals. This procedure can temporarily block access to funds.
Moreover, MEXC has several regulatory uncertainties. Unlike major exchanges like Kraken (which is licensed and regulated in the US) or Binance (which has licenses in multiple jurisdictions), MEXC is registered in Seychelles, a known offshore location that offers relatively loose regulatory oversight.
This platform also previously held a license from Estonia’s FIU, but it was later revoked. Additionally, it isn’t regulated in major regions like the US, Canada, or the UK, and avoids offering full services in those areas. This lack of transparency and formal regulatory approval raises concerns, although it has served over 36 million users across 170+ countries.
📚 Read More: Is MEXC Safe?
MEXC Staking VS Other Platforms
Many centralized exchanges offer staking features, so it can be hard to tell which one best suits your needs. MEXC makes staking accessible through its Smart Earnings and SOL Staking programs, but it’s still helpful to see how it compares to popular options like Binance Earn, Bybit, and Kraken.
The table below highlights key differences across areas such as available coins, staking yields, ease of use, and regulatory trust. Check this comparison to get a clearer picture of where MEXC stands and whether it fits your strategy or comfort level.
MEXC Savings | Binance Earn | Bybit Savings | Kraken's Auto Earn | |
|---|---|---|---|---|
Available coins | 25 | 300+ (varied by regions) | 235 | 25 |
Staking yields | 4-600% (depending on the coins) | 0.06%-245.22% (depending on the coins) | 0.3%-555% (depending on the coins) | 1-15% (depending on the coins) |
Staking products | Smart Earnings, SOL Staking | Simple Earn, Advanced Earn | Flexible and Fixed Savings | Auto Earn, Bonded Staking, ETH Restaking, BTC Liquid Staking With $BABY, Kraken Pro |
Trust level and regulation | Offshore (Seychelles), previously licensed in Estonia (revoked), not regulated in major markets | Multiple licenses globally but restricted in the US; Binance US is separate | Some regulatory steps taken, not fully regulated in major countries; limited US access | Fully regulated in the US and several other jurisdictions; high compliance standards |
Ease of use | Very beginner-friendly, easy staking via Smart Earnings; limited token range | Feature-rich but can be overwhelming for new users; wide product variety | Clean, modern UI; simple staking options; good for mid-level users | UI is less flashy, focused on long-term staking; great for security-conscious users |
Promotions and extras | Promo for new users, liquid staking with MXSOL, Airdop+ | Promotions via Launchpool and Simple Earn bonus offers, airdrops | Bybit’s Launchpool, ETH Liquid Restaking | - |
Table: Comparison of MEXC Staking, Binance Earn, Bybit Savings, and Kraken's Auto Earn.
Each platform brings something different to the table when it comes to staking. If you’re looking for a simple, accessible way to start staking, MEXC can be a strong option, especially with liquid staking options like MXSOL and beginner-friendly products.
Meanwhile, Binance Earn is best suited for users who want a wide range of tokens, advanced features, and higher locked yields. Bybit offers a clean experience with mid-range complexity, while Kraken stands out for its strong regulatory footing.
No matter which exchange you choose, it’s important to weigh convenience against control and security. Centralized platforms offer ease of use but come with custodial risk.
If you’re more experienced or security-focused, consider staking directly from a hardware wallet like Ledger Flex.
You can stake ETH, SOL, and DOT directly while keeping your private keys safe offline, giving you full control and improved protection. Ledger doesn’t specify how many coins it can support for staking, but it provides a table where you can see which crypto is available to stake.
In the end, the best staking option is the one that fits your goals, risk tolerance, and technical comfort. Therefore, always conduct thorough research and prioritize security.
📚 Read More: Ledger Flex Review
Tips Before You Stake on MEXC
Staking on MEXC can be a great way to earn passive income, but like any investment, it’s important to know what you’re getting into. Before you commit your crypto to a staking product, let’s review a few key tips that can help protect your funds and avoid common mistakes.
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Research the Coin or Project First
Before you stake any crypto on MEXC, take time to understand what you're investing in because a bit of research can help you avoid staking in high-risk or dying projects.
High yields can be tempting, but those are not always sustainable. Look into the token’s purpose, utility, and use cases and see whether it's part of a larger blockchain ecosystem, a DeFi protocol, or simply a meme coin with no real function.
Tokens tied to strong fundamentals tend to perform better in the long run.
It also helps to review the project’s whitepaper, roadmap, and the team behind it. Are the developers active? Are there any known partnerships or audits? Check whether the project is getting adoption or is still in its early stages.
Finally, consider community sentiment and market behavior. Look through forums like Reddit, X, and Telegram groups to see how people perceive the coin. If a coin is pumping purely due to hype or speculation, it may not be worth the risk, especially if your tokens are going to be locked.
BitDegree can help speed up the process through its crypto tracker. It shows real-time prices, live charts, and historical data for over 21,000 cryptocurrencies. With this tool, you can compare coins instantly, spot trends early, and create a smarter earning strategy.
Know the Lock-up and Unstaking Timeframes
MEXC offers both flexible and fixed staking options. With flexible staking (also known as "Flexible Savings"), you can withdraw your crypto anytime, though the yields might be lower. On the other hand, fixed or locked staking offers higher APY but ties your crypto for a specific duration (sometimes days, sometimes months).
Before you commit, always check how long your tokens will be locked and whether there's an unstaking period.
For instance, some products require a "cooling-off" time after the lock-up ends, during which your funds are not earning interest and are not yet available for withdrawal. Even liquid staking tokens like MXSOL take up to 5 days to redeem back into SOL.
Noticing the timeline is crucial, especially in volatile markets. If prices drop suddenly and your funds are locked, you may not be able to react quickly. So if you're staking a volatile or newly listed coin, opt for flexible options unless you're confident in the project’s long-term potential.
Understand that you won’t be able to sell your crypto if prices crash or pump until your staking period ends. So, it’s best to stake only what you can afford to let sit idle.
📚 Read More: A Guide to Staking Crypto
Strengthen Your Account Security
Staking on a centralized platform like MEXC relies heavily on the platform's own security infrastructure.[2] Moreover, these exchanges often combine multiple services, including trading, custody, and staking, which increases potential points of failure, requiring strong governance to manage these risks effectively.
Even though MEXC has strong security infrastructure (cold storage, encrypted login, risk control systems), your personal account is only as safe as the measures you take.
At the very least, enable 2FA using an authenticator app (like Google Authenticator). Then, go a step further by setting up anti-phishing codes, a simple phrase that appears in all legitimate emails from MEXC. This helps you spot fake or phishing emails quickly. You should also enable withdrawal whitelist protection, which restricts withdrawals to pre-approved addresses only.
Also, avoid using public Wi-Fi to access your MEXC account and keep your login credentials stored securely (preferably offline). Regularly check your device login history on MEXC’s settings and remove any suspicious or inactive devices.
📚 Read More: Mastering Crypto Security
Other Ways to Earn on MEXC
Aside from staking, MEXC offers several ways for users to earn passive income or grow their crypto holdings. These options are perfect for all types of users who want to explore different earning opportunities.
Launchpool Event Benefits
The Launchpool feature on MEXC lets users earn airdrops of new tokens by simply holding and committing MX tokens (MEXC’s native token). To join, users must hold at least 500 MX, which they can commit to active events with just one click using the [Quick Commit] button.
A major benefit is that your MX tokens are not locked, so you can still access them anytime. The amount of rewards you receive depends on your coefficient level, which increases based on how many valid users you invite to the event. The more people you refer, the higher your coefficient and the bigger your rewards.
Note that each Launchpool campaign may have slightly different participation rules. Always review the project-specific page for full details before committing your tokens.
📚 Read More: How to Get Crypto Airdrops
Kickstarter Event Benefits
Kickstarter events on MEXC work similarly to Launchpool but have a lower entry threshold since users only need to hold 25 MX tokens to participate. But the good news is that you can join both Kickstarter and Launchpool events at the same time, maximizing your earnings potential.
With [Quick Commit], users can allocate their MX to all ongoing Kickstarter events and simply wait for the rewards to be distributed after the event settles.
Some Kickstarter campaigns offer dual rewards, meaning you can earn both the project’s tokens and USDT as a bonus. Like Launchpool, your MX tokens remain unlocked during the event. You can also increase your rewards by inviting other valid participants, which improves your reward multiplier (commitment coefficient).
Just like with Launchpool, make sure to read the event rules, as criteria can differ from one Kickstarter campaign to another.
- Secure and reliable
- Accepts fiat currencies
- Lots of trading options
- Reputable exchange
- Accepts fiat currencies
- Offers various trading options
- Accepts fiat currencies
- Simple to use
- Supports only trusted cryptocurrencies
- A leading cryptocurrency exchange platform
- Best for all type investors
- Accepts fiat currencies
- Beginner-friendly
- Secure
- Decent trading and withdrawal fees
- Crypto.com Visa Card
- Automated tools & bots
- Ecosystem synergy with CRO
Referral Program
MEXC also offers a rewarding referral program. When you invite friends to sign up and trade, you receive a percentage of their trading fees as a commission. Standard users can earn 40% commission on both Spot and Futures trading, with the rate going up to 50% in select regions. If you want higher payouts, you can apply to become an MEXC affiliate.
You also receive Futures bonus rewards when eligible users you invite start trading, so both the inviter and the invitee benefit. It’s a win-win.
Commission rewards are distributed daily. Spot trading rewards are paid around 00:00 (UTC+8) the next day, while Futures trading rewards are credited around 09:00 (UTC+8). All commissions are deposited directly into your Spot account, and you can track them via the MEXC referral page.
📚 Read More: Best Referral Programs
Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. Always be in the know & make informed decisions!
Conclusions
So, is choosing the MEXC staking products worth it? If you're after flexibility, high yields, and a platform that’s relatively easy to use, the answer is yes. This is also applicable if you’re staking tokens like SOL, ETH, or stablecoins. Plus, the ability to earn through Launchpool events and referral bonuses makes the exchange more interesting to explore.
That said, crypto changes fast, and MEXC is no exception. Terms, button labels, and product names might shift, so it pays to stay sharp and double-check everything before clicking [Subscribe].
MEXC Learn and Earn is no longer active, but you can join the MEXC Guild on BitDegree to get familiar with the exchange and even earn rewards.
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.
Scientific References
1. Riposo J., Gupta M.: 'A Crypto Yield Model for Staking Return';
2. 'The Centralization Paradox in Cryptocurrency Markets'.
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