MEXC Trading Fees Explained Simply

MEXC is a centralized cryptocurrency exchange that has grown significantly since its founding, offering a wide range of trading services for both novice and experienced users. This overview explains the core features, fee structures, and basic operational aspects of the platform.

Core Features of MEXC

MEXC supports various trading modalities, including spot trading, derivatives trading (futures), and often features new asset listings early. Key features include:

**High Trading Volume:** Known for supporting a large number of trading pairs.
**Derivatives Market:** Offers perpetual and fixed-term Futures contract trading.
**Staking and Earning:** Various options for users to earn passive income on their holdings.
**Mobile and Web Platforms:** Accessible via dedicated applications and a web interface.

Trading Fees Structure

MEXC employs a tiered fee structure based primarily on the user's 30-day trading volume and the amount of the exchange's native token (MX) held. Fees are generally categorized into Maker and Taker rates.

**Maker Fee:** Charged when an order adds liquidity to the Order book (e.g., placing a Limit order that doesn't execute immediately).
**Taker Fee:** Charged when an order immediately consumes existing liquidity (e.g., placing a Market order).

New users typically start at a standard tier. Holding MX tokens can often provide fee discounts.

Tier Level	30-Day Volume (USDT)	MX Held	Maker Fee (%)	Taker Fee (%)
VIP 0	< 1,000,000	0	0.20	0.20
VIP 1	>= 1,000,000	>= 1,000	0.18	0.18
VIP 2	>= 5,000,000	>= 5,000	0.15	0.15

Note that futures trading often has separate, generally lower, fee schedules than the Spot market.

Supported Assets and Markets

MEXC supports hundreds of cryptocurrencies and trading pairs. Users can trade major assets like Bitcoin (BTC) and Ethereum (ETH) against stablecoins (USDT, USDC) and sometimes fiat equivalents.

**Spot Trading:** Direct buying and selling of digital assets.
**Futures Trading:** Trading contracts based on the future price movement of an asset, involving leverage. Understanding leverage is crucial; see The Role of Margin in Futures Trading Explained for more on margin.

Order Types

MEXC supports standard order types essential for trading flexibility:

Limit order: Set a specific price at which you wish to buy or sell.
Market order: Execute immediately at the best available current price.
Stop-Limit and Stop-Market orders are also available, particularly in the futures market, allowing traders to automate entry or exit points based on predefined triggers. For futures analysis, reviewing price action is key, as discussed in 2024 Crypto Futures Trading: A Beginner's Guide to Candlestick Patterns.

Liquidity and Market Depth

The liquidity on MEXC varies significantly between the most popular pairs (like BTC/USDT) and smaller, newer listings. High liquidity generally means tighter spreads and easier execution without significant price slippage. Users should check the depth of the Order book before executing large trades.

Security Practices

Exchanges employ several security measures to protect user funds and data. MEXC typically implements:

Two-Factor Authentication (2FA).
Cold storage solutions for the majority of assets.
Anti-phishing codes.

Users are always responsible for securing their own accounts through strong passwords and enabling 2FA.

KYC Requirements and Limits

KYC (Know Your Customer) procedures determine account verification levels, which directly impact withdrawal limits. Unverified accounts usually have low daily withdrawal limits. Completing full KYC typically increases these limits significantly.

Funding and Withdrawals

Deposits (funding) are generally free, though network transaction fees (gas) apply to on-chain transfers. Withdrawals incur a network fee set by the exchange, which varies based on the specific cryptocurrency and current network congestion. Users should always check the current withdrawal fee schedule before initiating a transfer.

User Experience (UX)

MEXC offers both web and mobile applications. The web interface is generally robust for advanced trading, offering charting tools and access to complex futures instruments. The mobile app focuses on accessibility for on-the-go monitoring and quick execution.

Risks and Responsible Trading

Cryptocurrency trading, especially leveraged trading in the futures market, carries substantial risk. High leverage amplifies both potential gains and losses. Beginners should start with small amounts and stick to the Spot market until they fully understand market mechanics. For a comprehensive introduction to derivatives, consult The Ultimate Beginner's Guide to Crypto Futures Trading.

First Steps Checklist

Before trading on MEXC, new users should complete the following:

Create an account and enable 2FA.
Complete the necessary KYC verification steps to increase limits.
Deposit a small amount of cryptocurrency or fiat currency.
Familiarize yourself with the Spot market interface.
Practice placing a small Limit order.
If interested in futures, read about margin requirements before trading.

To begin your trading journey on MEXC, you can Register here.

Recommended Futures Trading Platforms

Platform	Futures perks & welcome offers	Register / Offer
Binance Futures	Up to 125× leverage, USDⓈ-M contracts; new users can receive up to 100 USD in welcome vouchers, plus lifetime 20% fee discount on spot and 10% off futures fees for the first 30 days	Sign up on Binance
Bybit Futures	Inverse & USDT perpetuals; welcome bundle up to 5,100 USD in rewards, including instant coupons and tiered bonuses up to 30,000 USD after completing tasks	Start on Bybit
BingX Futures	Copy trading & social features; new users can get up to 7,700 USD in rewards plus 50% trading fee discount	Join BingX
WEEX Futures	Welcome package up to 30,000 USDT; deposit bonus from 50–500 USD; futures bonus usable for trading and paying fees	Register at WEEX
MEXC Futures	Futures bonus usable as margin or to pay fees; campaigns include deposit bonuses (e.g., deposit 100 USDT → get 10 USD)	Join MEXC

Join Our Community

Follow @startfuturestrading for signals and analysis.

MEXC Trading Fees Explained Simply

Contents