What is MEXC Global (MXC)? Virtual currency exchange company profile, license, reviews, reputation, safety, advantages and disadvantages thorough explanation

MEXC

MEXC is an overseas virtual currency exchange, and in this article we will thoroughly explain the advantages and disadvantages of using it, so let’s take a look to get started. It is said that there are many registered users around the world, exceeding 7 million people. Many people are probably wondering if this exchange can be trusted. I am writing an article about the MEXC company. Some users may find it confusing to use an overseas exchange. We have summarized the advantages and disadvantages for users, such as types of stocks such as Bitcoin and Ethereum, support, reputation information on fees, etc., as articles.

MEXC Global Company Profile and Basic Information

MEXC is a Singapore-based cryptocurrency exchange founded in 2018. You may be worried because you don’t know the exact address. However, this is also true for other major virtual currency exchanges. It is a fairly famous exchange with over 7 million users and is used in over 200 countries around the world. Therefore, there are 17 languages supported, so users in most regions should have no trouble using the official page. MEXC is still an emerging cryptocurrency exchange, but in 2019 it had a 5% share of the global digital asset trading market.

CompanyMEXC Exchange
LocationSingapore
Found2018
Crypto 1500~
Language17
User7 million people
Own tokenMX
Smartphone appIOS,Android,Windows
URLHome Page

What country is the exchange in?

As explained above, if you are talking about which country, it will be Singapore. It’s not from a suspicious country like China, so you can rest assured. The security of the exchange’s official login is quite strong, and it is very easy to use, so even beginners can get used to it. It is also available as an app.

Exchanges with many benefits for users

MEXC has many official bonuses and campaigns. A trading app has also been implemented for users. It’s easy to use, so the pages are easy to navigate and move according to your senses. There is also high leverage, and the exchange is crowded. There are many newly listed coins, and the payment fees (margin) are low for both takers and makers, so it is recommended. There are no withdrawal refusals.

All major brands are available

We have major currencies such as BTC, ETH, XRP, USDT, and EOS. It is also safe and has a thorough identity verification process. Transaction history can be downloaded. Leverage is 100x or 200x depending on the brand, but since it is high, you can invest with a small amount. You can easily trade from the web menu. It has been proven that over 6 million people have used it.

MEXC Global license

Many people feel uneasy because virtual currency exchanges around the world do not have any licenses. However, in the case of MEXC, we have a solid license. MEXC has financial licenses in multiple countries such as the United States, Canada, Switzerland, and Estonia. At the “Crypto Expo Dubai” held in Dubai in 2021, it was awarded “Best Crypto Exchange Asia” and was evaluated as “the best exchange in Asia”. Although MEXC is not licensed by the Japanese Financial Services Agency, it is ranked high in the world’s virtual currency exchange rankings.

MEXC Global The largest number of stocks in the industry

MEXC handles around 1,500 currencies, which is by far the largest number among virtual currency exchanges in the world. Even Binance, the world’s top virtual currency exchange, only handles around 400 cryptocurrencies. MEXC has an environment where it is possible to trade including anonymous miner coins. Exchanges that handle a large number of stocks also have “fraudulent coins” issued by malicious companies, so you need to be careful. Overseas exchanges have a larger number of stocks than domestic exchanges, allowing you to trade the largest variety of stocks. It has benefits and services that are comparable to Bybit and Binance.

MEXC Global MAX 200x leverage

The maximum leverage for trading on MEXC Global is 200x, allowing users to select the leverage and achieving extremely high leverage. MEXC is the only company that can use such a large leverage. Since the leverage is the same as that of popular FX companies, please check the official page for details on popular stocks such as BTC. You can also trade spot and futures. It’s easy to order, and it’s very simple to use and buy.

MEXC deposit and withdrawal methods

Deposit methods include bank transfer, credit card, virtual currency deposit, and P2P transactions. On the other hand, the only withdrawal method is virtual currency. Please note that we do not support various legal currencies (US dollar, Japanese yen, euro, pound, Australian dollar, etc.). It will be similar to Bybit etc. En fonction de certaines blockchains, le temps nécessaire à la prise en compte des procédures de remise sur le réseau peut varier. De plus, les limites de retrait varieront en fonction du KYC.

MEXC Global Own token

MEXC has its own token, MX. MX is a governance token independently issued by MEXC, and in addition to staking and Kickstarter participation, you can also receive discounts on transaction fees. You can check it on the screen by logging into the official website, and you can also receive tokens with benefits and discounts. Please be aware that crypto assets come with risks. The app is easy to use, and withdrawals can be made smoothly.

MEXC Global Fast support

MEXC has a support center where you can receive support via email or chat, and the support center is famous for its quick response times. This is said to be faster than the support centers of Binance, Kraken, Coincheck, etc., so from a user’s perspective, this is a very good thing. Officially, English is the main language, but multilingual support is available. It is very well received and has been well received because of its fast response and quick response times. Frequently asked questions are also available on the help page.

MEXC Global security settings

In recent years, hacking incidents have frequently occurred at virtual currency exchanges. MEXC currently allows users to increase the security level by configuring settings. You can achieve the highest level of security by making full use of two-factor authentication and identity verification functions. If you want to completely avoid trouble, it is essential to install it to ensure complete safety. In addition to password settings, there is two-step authentication using Google Authencator or SMS authentication.

MEXC Global Bonus Campaign

Bonuses are very substantial at MEXC. Compared to other virtual currency exchanges, it can be said that users are given preferential treatment compared to other virtual currency exchanges, as they can receive bonuses by making the first deposit and there are futures trading bonuses. There are also limited-time campaigns, so there are always some campaigns planned.

MEXC Global Somewhat high transaction fees

MEXC’s transaction fee price is currently 0.2% for both Makers and Takers, so it is better than others. Some exchanges have no transaction fees, so compared to that, MEXC will have slightly higher fees. There are many types of transactions as you can use exchange services such as spot trading and P2P trading. Of course, each function is easy to use and easy to understand. Please quickly access the administration and complete the account opening. You can rest assured that your wallet is well managed.

MEXC Global launchpad

Eligible coins on the MEXC exchange will raise funds in a token sale and there will be an opportunity to invest in selected project tokens at low cost. You can make money by researching and preparing in advance and purchasing reliable newly listed coins at a low price, so let’s consider it. In that case, you will need MXC, MEXC’s main token. This investment is also recommended for those who are a little uncomfortable with the fluctuating market prices even if they start buying and selling using charts.

MEXC Global kick starter

We have a Kickstarter event. We will start voting for launch and airdrop the tokens for free to all users who successfully vote. Many projects are listed on MEXC and offer free airdrops to MEXC users. Even the general public can decide for themselves which coins are in high demand and then earn money in a short period of time, making it a viable investment. There are also terms and conditions, so be sure to check them at least.

MEXC Global staking

By staking tokens, users can receive additional tokens as rewards while holding them. With staking, you can earn interest by depositing your virtual currency, so you can constantly increase your profits without having to make any transactions. The number of tokens we handle is expanding. Find cheap specific tokens on the market and increase their value. The fee for investors is 0.2%, which is a good deal. If the price rises, you can make a lot of money, so this is a targeted investment.

MEXC Global IEO

MEXC is conducting an IEO, and by holding MX you can participate in voting for newly listed currencies. By participating in IEO, you can get coins, and if the price rises significantly after listing, you may make money, so it is highly recommended. Even if the currency you voted for is not listed, you can rest assured that the MX you voted for will be refunded. Basically, news about expected currency pairs is often posted on the platform, so check it out on your smartphone.

MEXC Global Handling grass coins

Kusa coin refers to anonymous coins. MEXC is known for its rich content and exceptionally large number of stocks, allowing you to invest in many promising new unknown coins. There are many coins that crash and become worthless, but on the other hand, there are also rare coins that skyrocket, so many people invest in them. As you can see on coinmarketcap, the number of transactions is the highest in the world. Manage your assets on popular exchanges. This is an opportunity because you can trade even with low quantities.

MEXC Global MX-DeFi

In the MX-DeFi category, you can liquidity mine MX and newly listed virtual currencies, and stake Bitcoin, Ethereum, etc. Depending on the product, the annual interest rate may exceed 100% in the future, and this is a feature unique to MEXC, so we recommend that you participate and take advantage of it. Let’s increase the margin.

MEXC Global M-Day

On M-DAY, you can participate in virtual currency airdrops. Tickets will be distributed according to the amount of MX held, and if you win the lottery, you will receive virtual currency. Although they are held irregularly, there are a large number of participants, so it would be a good idea to participate in a few. Find valuable tokens directly. It can be done even from a small amount, so the cost itself is low. If you have any questions, please contact customer support.

MEXC Global Account opening is free

MEXC allows you to open an account for free. If you would like to open an account, please see the article below. MEXC holds various events, so it is a highly recommended exchange for active users. Although authentication such as a phone number is required, it is easy to use and you can start right away with the click of a button, even with a relatively small amount of funds. If you can log in from the exchange’s official website, you can invest in newly listed coins. There are also campaigns and bonuses, and it is simple to use and can be traded on the app.

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