How to Use MEXC for Beginners

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If you're new to cryptocurrency trading, MEXC is one of the most accessible and feature-rich exchanges to start with. Designed for both beginners and experienced traders, MEXC offers a wide selection of digital assets, low fees, and powerful tools—all wrapped in a user-friendly interface. This comprehensive guide walks you through everything you need to know about how to use MEXC, from account creation and verification to buying crypto, trading, and leveraging advanced features.

Whether you’re looking to make your first spot trade or explore high-leverage futures, this step-by-step tutorial ensures you get the most out of the platform—safely and efficiently.

What You Should Know Before Using MEXC

Before diving into trading, it’s essential to understand key aspects of MEXC, including its availability, verification requirements, fee structure, and security practices. These foundational insights will help you navigate the platform confidently and avoid common pitfalls.

Which Countries Can Use MEXC?

MEXC operates in over 170 countries, making it one of the most globally accessible cryptocurrency exchanges. Its broad reach allows users from diverse regions to access high-liquidity markets and a vast selection of trading pairs.

However, MEXC is not available in certain jurisdictions due to regulatory restrictions. These include:

If you're located in one of these areas, you won’t be able to complete KYC verification or access advanced trading features like futures or staking. While you can still browse market data on the website, full functionality is restricted.

👉 Discover a secure and globally compliant exchange option for 2025.

Using a VPN to bypass these restrictions is not recommended, as it may result in account suspension or loss of funds. Always comply with local regulations and consider alternative platforms that support your region.

Does MEXC Require KYC?

Yes, MEXC requires Know Your Customer (KYC) verification to unlock full platform capabilities. There are two levels:

While you can create an account without KYC, your trading and withdrawal capabilities will be severely limited. Completing verification is essential for serious traders.

For institutional users, MEXC offers dedicated services requiring corporate documentation such as business registration and board resolutions.

How Do MEXC Fees Work?

MEXC stands out for its competitive and transparent fee structure:

Deposits are generally free, though withdrawal fees vary by cryptocurrency and network. For example:

You can reduce trading fees by holding MX tokens, MEXC’s native cryptocurrency. Holding at least 500 MX in your spot account for 24 hours grants a 50% discount on both spot and futures trading fees.

How to Use MEXC Securely?

Security is critical when using any crypto exchange. Follow these best practices to protect your account:

How to Open a MEXC Account

Getting started with MEXC is quick and straightforward:

  1. Visit the official MEXC website.
  2. Click Sign Up in the top-right corner.
  3. Enter your email or phone number and create a strong password.
  4. Verify your contact method using the 6-digit code sent to you.

Once registered, immediately enhance your security by enabling 2FA and setting up an anti-phishing code.

How to Complete KYC on MEXC

To unlock full trading privileges:

  1. Go to Account > Identification.
  2. Select Primary KYC and choose your document type (ID, passport, or driver’s license).
  3. Upload clear images of your documents.
  4. Submit for review—approval usually takes less than 24 hours.

For Advanced KYC, repeat the process and complete facial verification when prompted.

How to Buy and Sell Crypto on MEXC

MEXC offers multiple ways to buy and sell cryptocurrency:

Quick Buy/Sell (Recommended for Beginners)

This instant purchase method supports popular coins like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and XRP.

To Buy:

  1. Click Buy Crypto > Quick Buy/Sell.
  2. Select the crypto and fiat currency (e.g., EUR).
  3. Enter the amount and confirm payment via card or bank transfer.

To Sell:

  1. Switch to the Sell tab.
  2. Choose the cryptocurrency and fiat currency.
  3. Confirm details and complete the transaction.

Funds typically arrive within minutes, depending on the payment method.

How to Deposit and Withdraw Crypto

Deposit Crypto

  1. Go to Wallet > Deposit > Deposit Crypto.
  2. Select the cryptocurrency and network (e.g., BTC on Bitcoin network).
  3. Copy the deposit address or scan the QR code from your external wallet.

⚠️ Always double-check the network—sending crypto on the wrong chain may result in permanent loss.

Withdraw Crypto

  1. Click Wallet > Withdraw.
  2. Choose the asset, network, and enter the destination address.
  3. Specify the amount and confirm the transaction after reviewing fees.

👉 Secure your crypto journey with a trusted global platform in 2025.

Trading on MEXC

How to Spot Trade on MEXC

Spot trading involves buying and selling crypto at current market prices.

Steps:

  1. Navigate to Spot > Spot Trading.
  2. Search for a trading pair (e.g., BTC/USDT).
  3. Use the order panel to place a limit, market, or stop-limit order.
  4. Click Buy or Sell to execute.

With over 4,200 supported coins, MEXC provides deep liquidity and fast execution.

How to Trade Futures on MEXC

MEXC offers over 600 USDT- and coin-margined futures contracts with up to 200x leverage.

Steps:

  1. Go to Futures > select contract type.
  2. Choose your preferred pair (e.g., ETH/USDT).
  3. Set margin mode (isolated or cross) and leverage (up to 200x).
  4. Enter price, quantity, and order type.
  5. Open a long (buy) or short (sell) position.
  6. Close the position manually when ready.

💡 Beginners should use MEXC’s demo trading mode to practice risk-free before using real funds.

Other MEXC Features

Beyond trading, MEXC provides several value-added services:

These tools make MEXC more than just an exchange—it's a full crypto ecosystem.

Frequently Asked Questions (FAQ)

Can I use MEXC in the United States?

No, MEXC does not support users from the United States due to regulatory restrictions. U.S.-based traders cannot complete KYC or access advanced features like futures trading.

Is MEXC safe for beginners?

Yes, MEXC is beginner-friendly with an intuitive interface, extensive educational resources, and strong security measures like 2FA and withdrawal whitelisting.

What is the minimum deposit on MEXC?

There is no minimum deposit for most cryptocurrencies, but small network fees apply. For fiat deposits via SEPA or card, minimums vary by payment provider.

How long does KYC take on MEXC?

Primary KYC usually takes under 24 hours. Advanced KYC may take slightly longer due to facial recognition checks.

Does MEXC offer a mobile app?

Yes, MEXC has a fully functional mobile app available on iOS and Android, offering all major features including spot and futures trading.

Can I trade without KYC on MEXC?

You can create an account without KYC, but your withdrawal limit will be very low (typically under 1 BTC/day), and you won’t be able to access futures or OTC trading.

By following this guide, you now have a solid foundation for using MEXC effectively—from signing up and securing your account to buying crypto and exploring advanced trading strategies. With its low fees, wide asset selection, and robust tools, MEXC is an excellent choice for new and growing crypto enthusiasts.

👉 Start your secure crypto trading journey today—click here to learn more.