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Volume (24h)
$6,035,000,003
68,686 BTC 40.95%
Exchange Score
Cryptocurrencies
2,606
Markets
3,204

MEXC Exchange Overview

MEXC is a Centralized exchange that ranks #118 on BitDegree Exchange Tracker. MEXC has a trading volume of $6,035,000,003 in the last 24 hours and $733,776,960,746 in the last 7 days.

MEXC currently has 2,606 cryptocurrencies, 15 fiat currencies and 3,204 markets (cryptocurrency trading pairs).

Compare MEXC side-by-side with other exchanges here: Exchange Comparison Tool.

MEXC is a centralized cryptocurrency exchange (CEX). The Seychelles-based platform offers spot and futures markets, as well as margin and ETF trading. Additionally, users can access market simulations, grid trading, and staking services.

The MEXC cryptocurrency exchange is available in more than 70 countries. It has received licenses to operate and passed jurisdictions in Estonia, Australia, Switzerland, Canada, and the US. The platform offers more than 1,500 assets. MEXC is KYC-compliant. The service is available on both desktop and mobile devices.

Markets

The MEXC crypto exchange ecosystem hosts its native asset, MX. Customers that have MX in their accounts are eligible for a MEXC crypto fees deduction. Additionally, MEXC VIP users also receive special discounts and fee rates.

There are over 2,100 MEXC trading pairs available in the spot market and over 200 listed in derivatives trading. The spot market primarily offers crypto-crypto listings. According to the company, new assets are frequently listed on the MEXC crypto exchange.

MEXT supports margin and quantitative (grid) trading. It enables quantitative trading strategies in the MEXC spot market. Customers can manually set up their preferred strategies or use the trading bot for no additional MEXC exchange fees.

The MEXC spot market has a fixed maker-taker fee rate of 0.200%. MX token holders can receive a 20% discount on MEXC crypto fees.

There are two types of futures contracts in the MEXC cryptocurrency exchange – USDT-margined (USDT-M) and coin-margined (COIN-M). MEXT also supports demo trading. This service runs market simulations, allowing traders to run hypothetical strategies without risking their assets.

In the MEXC futures market, customers can trade using up to 125x leverage. Futures contracts can also be used to hedge certain spot positions. Traders can participate in gamified events and be ranked on the weekly leaderboard based on their performance. Trading events offer winning pools in digital assets, such as USDT.

The seven-tier trading fees in the futures market use the maker-taker model. The tiers are LV 0 – LV 6, determined by the 30-day MEXC trade volume or the futures wallet balance. All MEXC crypto prices for volume and balance are expressed in USDT.

At Level 0, the futures wallet balance is under 10,000 USDT, and the 30-day MEXC volume does not exceed 10 million USDT. The maker-taker fees before the discount are equal across all levels, starting at 1%. However, after the discount, the fees are reduced to 0.020% for makers and 0.060% for takers.

At Level 6, the required wallet balance is at least 500,000 USDT, while the 30-day MEXC volume is at least 500 million USDT. The non-discounted fee is 0.7%, while the discounted MEXC crypto price is 0.014% for makers and 0.042% for takers.

In addition to the standard spot and derivatives markets, the MEXC crypto exchange offers copy trading. It allows customers to copy the trading strategies used by high-profile traders and apply them to their own market behavior.

Two types of exchange-traded funds (ETFs) are available on the MEXC cryptocurrency exchange – leveraged and index ETFs. Leveraged ETFs can be traded on the spot market. They offer up to 5x leverage.

Customers that use leveraged ETFs are subject to some MEXC exchange fees, including trading and management fees. The trading fee rate is equal to that of the spot market. The daily management rate is 0.001%.

Purchases can be made using major payment methods like debit and credit cards, as well as bank transfers. Peer-to-peer (P2P) trading is enabled for large-scale transactions.

There are no deposit fees on the MEXC cryptocurrency exchange. Withdrawal fees are dynamic. The rate is automatically calculated based on the network status. The withdrawn MEXC crypto price value does not affect the fees.

Other Services

Launchpad and Kickstarter are two programs set up to provide exposure and funds to upcoming and new blockchain projects. MEXC Launchpad is a marketplace for new tokens at low costs. Kickstarter is an event platform that allows users to vote on pre-launch projects.

In November 2021, the company launched MEXC Pioneer. It’s a platform that provides financial support for new blockchain projects in decentralized finance (DeFi).

Trade Mining is another gamified feature for MEXC users. Customers that trade selected tokens are eligible to win rewards from a prize pool. The Trade Mining platform is not open to API traders or institutional users.

MEXC Staking is the platform for passive earnings. There are two types of staking – flexible and locked. Assets that are staked flexibly can be withdrawn at any time. Locked staking means that the staking period is predetermined, and the assets cannot be accessed until the locked period ends.

About the Company

MEXC was founded as MXC Exchange by Metin Mehmet Durgun in 2018. In June 2021, it was announced that the company would rebrand to MEXC Global as its business model started focusing more on globalization. While the company was previously based in Singapore, the current headquarters are in Victoria, Seychelles.

In 2021, the monthly visitor rate was estimated at 5 million. It was reported in 2022 that MEXC had more than 7 million users. In June 2022, MEXC announced a partnership with BitKan, a cryptocurrency brokerage exchange.

Metin Mehmet Durgun is the founder of the MEXC exchange. He’s an economist who has worked on several business development projects in the FinTech industry. He’s part of the Business Development team in the APAC region at the blockchain financial infrastructure company Simplex.

John Chen Ju is the CEO of MEXC. He’s a computer scientist with prior experience in various startups and technology companies in the APAC region, including iTechBlack and Zallchain. Chen took over as the CEO in May 2021.

Pages Related to MEXC

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MEXC Markets' Analysis

Analysis of MEXC Markets reveals that the Top pairs traded on the exchange are . The total sum of combined volumes show that the market dominance of the Top0 pairs on MEXC exchange is 0%. In monetary value, it’s currently worth $0.

MEXC Markets
# Base Currency Quote Currency Name Price Volume Volume % Updated

MEXC Markets

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# Base Currency Quote Currency Name Price Volume Volume % Updated


MEXC Popularity Metric Analysis

By analyzing MEXC social media signals, you can instantly see how active, community-involved and popular the company is. Looking at MEXC X statistics, it’s clear that the brand has 1,315,447 followers, which is considered to be a quite huge follower base. On the other hand, MEXC is following 495 X accounts. It’s important to note that MEXC has posted 32,050 tweets since it joined X on Mar 27, 2018, which shows the brand’s level of involvement and proactiveness.

Looking at MEXC Telegram stats, the project has 183,951 members. MEXC currently has 701,333 monthly organic visitors to its website, which is quite a medium amount of traffic. The company’s Ahrefs Rank is 9,723, and the Website Domain Rating is 82 - both of these metrics are deemed as very good.

MEXC GitHub activity began on Jan 14, 2018, until now it has 8 public repositories.

MEXC Statistics

MEXC Volume
$6,035,000,003.48
Volume in BTC
68,686 BTC
Volume Change 24h
-$2,471,332,501.42
40.95%
Cryptocurrencies
2,606
Markets
3,204
Market Dominance
1.82%
Market Rank
#118

It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

Learn this metric

The trust score metric of crypto exchange is calculated according to Web Traffic, Volume, Average Liquidity, and general Confidence values that are illustrating the accuracy and trustworthiness of the volumes provided by the crypto exchange. All these factors are weighted, and an Exchange score from 0-10 is given.

The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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It is a quantitative metric in percentage describing how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, compared to the previous 24 hours.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, and is valued in Bitcoin. It's a direct supply & demand indicator of the exchange.

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The current exchange Volume Dominance among all other exchanges in the market.

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It's an overall rank of the specific exchange compared to all other crypto exchanges in the market.

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