Latest revision as of 03:18, 15 October 2025

MEXC KYC Requirements and Limits

MEXC is a centralized cryptocurrency exchange that offers a wide range of services, including spot trading, derivatives trading, staking, and other financial products. This overview is designed for beginners to understand the platform's core features, trading mechanisms, and Know Your Customer (KYC) requirements.

Core Features of MEXC

MEXC aims to provide a comprehensive trading environment for both new and experienced cryptocurrency users.

**Asset Diversity:** Support for a large number of cryptocurrencies and trading pairs.
**Trading Options:** Offers both Spot market trading and highly leveraged Futures contract trading.
**Staking and Earning:** Various options for users to earn passive income on their holdings.
**User Interface:** Availability across both web platforms and dedicated mobile applications.

Trading Mechanics and Order Types

MEXC supports standard trading instruments and order execution methods. Understanding these is crucial before trading on the Spot market.

Order Types

When placing an order, users select how they want their trade to be executed.

A Limit order allows a trader to specify the exact price at which they wish to buy or sell.
A Market order executes immediately at the best available price in the Order book.
MEXC also typically supports advanced types such as Stop-Limit and Stop-Market orders, particularly in the futures section.

Futures Trading Basics

MEXC offers perpetual and fixed-term futures contracts. Futures trading involves speculating on the future price of an asset using leverage. For technical analysis related to futures, traders often refer to indicators like the Relative Strength Index (RSI) in Action: Timing Entry and Exit Points in ETH Futures and Mastering Fibonacci Retracement Levels in ETH/USDT Futures: Practical Examples for Support and Resistance. Successful futures trading often requires combining multiple analytical techniques, such as seen in Combining Elliott Wave Theory and Fibonacci Retracement for Profitable BTC/USDT Futures Trading.

Fees and Supported Assets

Trading Fees

MEXC generally employs a tiered fee structure based on trading volume and the user's holdings of the exchange's native token (if applicable). Fees are typically lower for makers (who add liquidity) than for takers (who remove liquidity).

Supported Assets

The platform supports a vast array of cryptocurrencies, primarily traded against USDT, BTC, and the platform's native tokens. Users can find major assets like Bitcoin and Ethereum, alongside numerous smaller-cap altcoins.

Liquidity and Markets

Liquidity refers to how easily an asset can be bought or sold without significantly affecting its price. MEXC hosts numerous markets, and the depth of its Order book for popular pairs (like BTC/USDT) usually indicates high liquidity. Traders should check the volume and spread on specific markets before executing large trades.

Security Practices

MEXC implements standard industry security protocols to protect user assets and data. These typically include:

Two-Factor Authentication (2FA) for logins and withdrawals.
Cold storage solutions for the majority of user funds.
Encryption for sensitive data transmission.

Users are strongly encouraged to enable 2FA immediately after registration.

KYC Requirements and Trading Limits

KYC (Know Your Customer) verification is essential for accessing higher trading and withdrawal limits on MEXC. The requirements are tiered.

Verification Tiers

While basic trading might be possible with minimal verification (often just email/phone), full access requires identity verification.

Verification Level	Requirement	Daily Withdrawal Limit (Approx.)
Email/Phone Only \| Low Limit (e.g., 1 BTC equivalent)
ID Document Submission \| Significantly Higher Limit (e.g., 100 BTC equivalent)

Users who do not complete KYC will face the lowest withdrawal caps, which may be restrictive for active traders. Always verify the current official limits on the MEXC platform.

Funding and Withdrawals

Deposits

Deposits, both cryptocurrency and fiat (where available), are processed once confirmed on the respective blockchain or via banking channels. Users must ensure they use the correct deposit addresses and network for cryptocurrencies.

Withdrawals

Withdrawals are subject to internal processing times and blockchain confirmation times. Withdrawal limits are directly tied to the KYC level achieved.

Mobile and Web User Experience (UX)

MEXC provides dedicated mobile apps for iOS and Android, offering nearly all the functionality of the desktop web interface, including complex trading, charting, and fund management. The web platform is generally robust, featuring advanced charting tools suitable for executing strategies involving technical analysis.

Risks and Responsible Trading

Cryptocurrency trading, especially involving leverage in Futures contract markets, carries a high degree of risk. Prices are volatile, and leveraged trading can lead to rapid liquidation of funds. Users should never trade with money they cannot afford to lose. Always practice sound risk management, utilize stop-loss features, and understand the underlying assets before trading.

First Steps Checklist

Before beginning to trade on MEXC, new users should complete the following steps:

Create an account: Register here
Enable Two-Factor Authentication (2FA).
Complete identity verification (KYC) to Level 2 for better limits.
Make a small initial deposit to test the funding process.
Familiarize yourself with the Spot market interface before attempting futures trading.

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

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