【Complete Guide】MEXC Global Review: Fees, Leverage, Pros & Cons, and Features Explained

Introduction: What is MEXC Global?

MEXC Global (formerly MXC), established in 2018, is a world-leading cryptocurrency exchange known for high performance and mega-transaction matching technology. Serving over 10 million users across more than 170 countries, MEXC has carved a unique niche in the crypto industry.

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While giants like Binance and Coinbase focus on established assets, MEXC is widely recognized as the "King of Altcoins" (Gem Hunter). It is often the first centralized exchange to list high-potential "low-cap" tokens, making it the go-to platform for investors looking for the next 100x opportunity before it hits the mainstream.

Top 5 Advantages of Using MEXC

Why do millions of traders choose MEXC? Here are the five critical reasons that set it apart from competitors like Bybit or Binance.

1. Unrivaled Number of Listed Coins (The Gem Hunter)

MEXC's primary strength is the sheer volume of assets available. If a new meme coin, DeFi token, or GameFi project is trending, chances are it will list on MEXC first.

Number of Listings: Over 1,500+ cryptocurrencies (Industry Leader).
Speed: Listings are incredibly fast, allowing users to buy in early.
Opportunity: Access to "Micro-cap" coins that have the potential for massive ROI.

2. Industry-Lowest Trading Fees

MEXC is famous for its aggressive fee structure, often undercutting the entire market to attract traders.

Transaction Type	Maker Fee	Taker Fee
Spot Trading	0.00% (Often Free*)	0.10%
Futures Trading	0.00%	0.01% - 0.02%

> Note: MEXC frequently runs "Zero Fee" campaigns for Makers on both Spot and Futures, making it arguably the cheapest place to trade in the world.

3. Up to 200x Leverage

While many regulated domestic exchanges cap leverage at 2x or 5x, and major international ones cap at 100x or 125x, MEXC offers up to 200x leverage on major trading pairs.

This allows traders with smaller capital to open larger positions. Furthermore, MEXC employs a "Zero-Balance" protection system, meaning you will never owe the exchange money if a trade goes negative (no negative balance).

4. The "MX Token" Ecosystem & Kickstarter

MEXC has its own native utility token, MX. Holding MX is not just an investment; it is a key to passive income on the platform.

20% Fee Discount: Pay fees with MX to get an even lower rate.
Kickstarter Events: This is MEXC's killer feature. By simply holding MX tokens, you can vote for new projects listing on the exchange. In return, you receive free airdrops of those new tokens.
- Why it's popular: It is essentially risk-free passive income. You don't spend your MX; you just commit them to vote, get free tokens, and get your MX back.

5. High Liquidity

Despite listing many smaller coins, MEXC maintains top-tier liquidity for major pairs (BTC/USDT, ETH/USDT). In 2021, it was awarded the "Best Crypto Exchange Asia," highlighting its robust order matching engine that can handle 1.4 million transactions per second.

Disadvantages and Risks

To provide a balanced review, here are the potential downsides of using MEXC.

1. Regulatory Status

Like many offshore exchanges (Binance Global, Bybit, KuCoin), MEXC operates globally but may not hold specific licenses in every single jurisdiction (such as the JFSA in Japan or specific US state licenses). Users must be aware of their local regulations.

2. Volatility of Minor Coins

Because MEXC lists coins so early, many of them are highly volatile. While some coins may do 100x, others may go to zero. It requires a "Do Your Own Research" (DYOR) mindset more than exchanges that only list "safe" top 100 coins.

Key Services and Features

MEXC is an all-in-one platform offering more than just simple buying and selling.

Futures M-Day

Similar to Kickstarter, M-Day events allow users to win discounted tokens or airdrops based on their trading volume rather than just token holdings. It rewards active traders.

Copy Trading

Perfect for beginners. This feature allows you to automatically copy the trades of successful, professional traders on the platform. You can view their ROI, win rate, and PnL before choosing whom to follow.

MEXC Earn (Staking)

Simple Earn: Deposit assets like USDT, BTC, or ETH to earn stable APY.
Savings: Flexible and locked options available to grow your idle assets.

How to Get Started (30 Seconds Registration)

MEXC is known for its frictionless onboarding process.

Visit the Official Website/App.
Sign Up: Enter your email address or phone number.
Verify: Enter the code sent to your email.
Done: You can deposit crypto and start trading immediately.

About KYC (Know Your Customer)

No KYC: You can deposit, trade (Spot & Futures), and withdraw (up to a certain daily limit, usually around 30 BTC) without ID verification.
Primary KYC: Required if you want to increase withdrawal limits or participate in P2P trading.

Conclusion: Who is MEXC for?

MEXC is highly recommended for:

Altcoin Hunters: People looking for the next big project before it lists on Binance.
Scalpers & Day Traders: Traders who want to minimize costs with 0% Maker fees and ultra-low Taker fees.
Passive Income Seekers: Users who want to hold MX tokens and farm free airdrops via Kickstarter.

If you are looking to diversify your crypto portfolio beyond just Bitcoin and Ethereum, MEXC is an essential account to have in your arsenal.