Latest revision as of 08:29, 5 October 2025

MEXC KYC Requirements and Limits

MEXC is a cryptocurrency exchange that offers trading services for a wide range of digital assets. This overview provides a beginner-friendly look at its core features, trading mechanisms, and regulatory requirements.

Core Features

MEXC provides a comprehensive platform catering to both novice and experienced traders. Key features include:

Spot Trading: Buying and selling cryptocurrencies directly for immediate delivery.
Derivatives Trading: Offering Futures contracts, allowing users to speculate on the future price movements of digital assets.
Staking and Earning Products: Various options for users to earn passive income on their holdings.
Mobile and Web Interface: Accessible trading via dedicated applications and a web portal.

Fees Structure

Trading fees on MEXC are generally competitive, often structured based on a maker/taker model. Fees can vary depending on the specific trading pair and the user's VIP level.

Supported Assets

The exchange lists hundreds of cryptocurrencies, spanning major coins like Bitcoin (BTC) and Ethereum (ETH), alongside numerous smaller-cap altcoins. Users should check the current listings before trading, as asset availability can change.

Spot and Futures Trading Basics

Spot market

In the Spot market, users exchange one asset directly for another (e.g., BTC for USDT). Transactions are settled immediately, and users take direct ownership of the acquired assets.

Futures contract Trading

Futures trading involves agreements to buy or sell an asset at a predetermined price at a specified time in the future. MEXC primarily offers perpetual futures contracts. Understanding the mechanics of these contracts is crucial, as they involve leverage. You can read more about What Are Futures Contracts and How Do They Work? and the distinction between futures and options trading here The Difference Between Futures and Options Trading Explained. Furthermore, analyzing market activity is important: Understanding Open Interest and Volume Profile on Crypto Futures Platforms.

Order Types

MEXC supports standard order types necessary for efficient trading:

Limit order: An order to buy or sell at a specific price or better.
Market order: An order to execute immediately at the best available current price.
Stop-Loss/Take-Profit Orders: Used primarily in futures trading to manage risk automatically.

For more detail on order types, see Understanding MEXC Order Types.

Liquidity and Markets

The depth of the Order book indicates market liquidity. Higher liquidity generally means tighter spreads and easier execution of large orders without significant price impact. MEXC maintains significant trading volume across its major pairs.

Security Practices

MEXC employs standard industry security measures, including:

Two-Factor Authentication (2FA).
Cold storage for the majority of user funds.
Encryption protocols for data transmission.

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

KYC Requirements and Limits

KYC (Know Your Customer) procedures are mandatory for accessing higher withdrawal limits and certain platform features. MEXC typically offers tiered verification levels.

MEXC Verification Tiers and Limits (Illustrative Example)
Verification Level	Daily Withdrawal Limit (USD Equivalent)	Required Documents
Low Limit \| Email/Phone Verification
Medium Limit \| Government ID Scan
High Limit \| Proof of Address

Users who do not complete KYC will face significantly restricted daily withdrawal limits. Specific, up-to-date limits should always be confirmed on the official MEXC platform.

Funding and Withdrawals

Deposits can typically be made via cryptocurrency transfers or fiat on-ramps where available. Withdrawal speed depends on network congestion and the exchange's internal processing times. Fees apply to cryptocurrency withdrawals, which vary by asset.

Mobile and Web UX

The MEXC platform is available via a web interface and dedicated mobile apps for both iOS and Android. The interface is generally designed to be functional, though beginners may require time to navigate the advanced futures trading sections.

Risks and Responsible Trading

Cryptocurrency trading, especially involving leverage in futures markets, carries substantial risk. Traders can lose their entire investment. It is vital to use appropriate position sizing and risk management tools. Never trade with funds you cannot afford to lose.

First Steps Checklist

To begin trading on MEXC, follow these steps:

Visit the official site and register: Register here.
Secure your account by enabling 2FA.
Complete the required KYC verification level based on your intended trading volume.
Deposit supported cryptocurrencies or fiat funds.
Start with small trades on the Spot market before exploring leverage.

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.

🚀 Get 10% Cashback on Binance Futures

Start your crypto futures journey on Binance — the most trusted crypto exchange globally.

✅ 10% lifetime discount on trading fees
✅ Up to 125x leverage on top futures markets
✅ High liquidity, lightning-fast execution, and mobile trading

Take advantage of advanced tools and risk control features — Binance is your platform for serious trading.

Start Trading Now

MEXC KYC Requirements and Limits: Difference between revisions