Understanding MEXC Trading Fees Structure
Understanding MEXC Trading Fees Structure
MEXC is a globally operating cryptocurrency exchange that offers a wide range of trading services, including spot trading, derivatives, and staking options. This overview is designed to introduce new users to the platform's core features and fee structure.
Core Features of MEXC
MEXC provides a platform for users to trade various digital assets. Key features include:
- High-speed matching engine.
- Support for both Spot market trading and derivatives.
- A variety of trading tools and charting capabilities.
- Support for various trading pairs, including BTC, ETH, and numerous altcoins.
Trading Fees Structure
MEXC employs a tiered fee structure based primarily on the user's 30-day trading volume and the amount of the exchange's native token (MX) held. Fees are generally structured as Maker and Taker fees.
- **Maker Fee:** Charged when an order is placed that adds liquidity to the Order book (e.g., a Limit order that is not immediately filled).
- **Taker Fee:** Charged when an order immediately consumes existing liquidity (e.g., a Market order).
The fee structure is dynamic. Higher volume tiers result in lower fees, and holding MX tokens grants further fee discounts.
| Tier Level | 30-Day Volume (USDT) | MX Holding Level | Maker Fee | Taker Fee |
|---|---|---|---|---|
| VIP 0 (Default) | < 1,000,000 | 0 | 0.20% | 0.20% |
| VIP 1 | >= 1,000,000 | >= 10,000 MX | 0.18% | 0.18% |
| VIP 2 | >= 5,000,000 | >= 50,000 MX | 0.15% | 0.15% |
Note that these percentages are illustrative for standard spot trading and may differ for futures or specialized products.
Supported Assets and Markets
MEXC supports a large catalog of cryptocurrencies. Users can trade these assets across different markets:
- **Spot Market:** Direct buying and selling of cryptocurrencies for immediate settlement. This is the primary market for asset exchange.
- **Futures Market:** Users can trade derivatives like perpetual swaps, allowing for leveraged trading on the future price movement of an asset. This area includes concepts similar to Commodity trading, but applied to crypto assets. Users engaging in leveraged trading should review Essential Tools Every Beginner Needs for Futures Trading Success and understand strategies like Ichimoku Cloud Trading.
Order Types Available
MEXC supports standard order types necessary for active trading:
- Limit order: Setting a specific price at which you wish to buy or sell.
- Market order: Executing a trade immediately at the best available current price.
- Stop-Limit and Stop-Market orders are also typically available, especially in the futures section, to manage risk.
Liquidity and Markets
The depth of the Order book (liquidity) determines how easily large orders can be executed without significantly impacting the price. MEXC generally maintains deep liquidity for major pairs (BTC/USDT, ETH/USDT) due to its global user base, though liquidity for smaller altcoins can vary.
Security Practices
Exchanges implement several security measures to protect user funds and data. MEXC typically employs:
- Two-Factor Authentication (2FA).
- Cold storage solutions for the majority of user assets.
- Anti-phishing codes.
Users are always encouraged to enable 2FA on their accounts.
KYC and Account Limits
Know Your Customer (KYC) verification levels determine trading and withdrawal limits. Generally, unverified accounts have lower limits, while fully verified accounts (requiring identity submission) benefit from significantly higher daily withdrawal caps. Users should check the current limits on the platform interface.
Funding and Withdrawals
Users fund their accounts via cryptocurrency deposits or fiat on-ramps (where available).
- **Deposits:** Usually processed once the network confirms the transaction.
- **Withdrawals:** Subject to internal processing times and network confirmation times. Withdrawal fees apply, which vary depending on the specific cryptocurrency network used.
Mobile and Web User Experience (UX)
MEXC offers both a web-based trading interface and dedicated mobile applications (iOS and Android). The interface is designed to cater to both beginners (simple buy/sell screens) and advanced traders (detailed charting and derivatives interfaces).
Risks and Responsible Trading
Cryptocurrency trading, especially leveraged trading in the Futures contract market, carries substantial risk. Prices can move rapidly, leading to significant losses, including the potential loss of the entire investment principal. Users should only trade with funds they can afford to lose and practice risk management techniques.
First Steps Checklist
Before beginning active trading on MEXC:
- Complete the registration process (use Register here).
- Enable Two-Factor Authentication (2FA).
- Complete necessary KYC verification to maximize limits.
- Deposit a small amount of cryptocurrency to test the deposit process.
- Familiarize yourself with the Spot market interface using a Limit order.
- Understand the fee schedule applicable to your intended trading volume.
See also (on this site)
- Exploring MEXC Exchange Features
- Assets Available on MEXC Platform
- MEXC Order Types Explained Simply
- Assessing MEXC Liquidity Depths
Recommended articles
- Cómo Utilizar Contratos Perpetuos en el Trading de Criptomonedas: Funding Rates, Apalancamiento y Liquidación Diaria
- Breakout Trading Strategies for ETH/USDT Perpetual Futures
- FOMO Trading
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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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