Exploring Available Cryptocurrencies on MEXC
Exploring Available Cryptocurrencies on MEXC
MEXC Global is a cryptocurrency exchange that has gained significant traction, particularly for its wide array of listed tokens and its robust derivatives market. This article provides a beginner-friendly overview of what MEXC offers in terms of assets, features, and trading mechanics.
Core Features of MEXC
MEXC aims to serve both novice traders and experienced derivatives users. Key features include:
- Wide selection of cryptocurrency assets, including many emerging and smaller-cap tokens.
- Support for both Spot market trading and leveraged derivatives (Futures).
- A relatively low-fee structure compared to some major competitors.
- Support for various trading tools and order types.
If you are interested in starting, you can Register here.
Supported Assets and Liquidity
MEXC is known for listing a very large number of digital assets. This extensive catalog often includes new projects early on.
Assets Available
The platform generally supports:
- Major cryptocurrencies (e.g., Bitcoin, Ethereum).
- A vast selection of altcoins across various sectors (DeFi, NFTs, Layer 1s, etc.).
- Trading pairs involving USDT, BTC, ETH, and sometimes regional stablecoins.
Liquidity and Markets
Liquidity refers to how easily an asset can be bought or sold without drastically affecting its price. MEXC maintains deep liquidity for its major trading pairs, which are visible in the Order book. For less popular pairs, liquidity might be thinner, meaning larger trades could result in higher slippage.
Trading Mechanics: Spot vs. Futures
MEXC offers two primary trading environments: Spot and Futures.
Spot Trading
In Spot market trading, users buy and sell cryptocurrencies directly for immediate delivery. If you buy 1 BTC, you own 1 BTC. This is generally the simplest form of crypto trading.
Futures Trading
Futures contracts allow traders to speculate on the future price of an asset without owning the underlying asset. MEXC heavily supports derivatives, including perpetual futures (which have no expiry) and sometimes quarterly contracts. Understanding the differences between contract types is crucial, as seen when Exploring Arbitrage in Perpetual vs Quarterly Crypto Futures Contracts. Traders must understand concepts like funding rates and how Open Interest affects market dynamics, as discussed in Exploring the Role of Open Interest in Cryptocurrency Futures Markets. For more on the contracts themselves, see Perpetual vs Quarterly Futures Contracts: Exploring Arbitrage Opportunities in Crypto Markets.
Order Types
Traders can utilize various methods to execute trades, ensuring they can manage entry and exit points precisely.
| Order Type | Description |
|---|---|
| Limit order | Sets a specific price at which you wish to buy or sell. The order only executes if the market reaches that price or better. |
| Market order | Executes immediately at the best available current market price. |
| Stop-Limit/Stop-Market | Used primarily for risk management, triggering an order only once a specified stop price is hit. |
Fees and Limits
MEXC employs a tiered fee structure based on the user's 30-day trading volume and the amount of MX (the native exchange token) they hold.
Trading Fees
Fees are charged per trade (both maker and taker fees). Generally, users who provide liquidity (makers) pay lower fees than those who take existing liquidity (takers). New users often fall into the lowest tier initially. For detailed information, users should consult the exchange's official fee schedule.
KYC and Limits
KYC (Know Your Customer) verification levels determine withdrawal limits and access to certain features.
- Unverified accounts usually have low daily withdrawal limits.
- Full verification (providing identity documents) significantly increases these limits.
Funding and Withdrawals
Depositing and withdrawing funds are managed through the funding section of the platform.
- **Deposits:** Cryptocurrencies can usually be deposited instantly once confirmed on the blockchain. Fiat on-ramps (depositing traditional currency) may vary by region and supported methods.
- **Withdrawals:** Withdrawals are processed regularly, subject to network confirmation times and any internal security checks. Withdrawal fees apply, which vary based on the specific cryptocurrency network used.
User Experience (UX)
MEXC offers access through both a dedicated mobile application (iOS and Android) and a web interface.
- **Web Platform:** Generally offers comprehensive charting tools, high customization, and full access to all features, including complex futures trading interfaces.
- **Mobile App:** Designed for on-the-go trading, typically offering streamlined access to spot trading, order placement, and portfolio monitoring.
Risks and Responsible Trading
Trading cryptocurrencies, especially derivatives like Futures contract, involves substantial risk. Prices are highly volatile, and leverage amplifies both potential profits and potential losses. Users should only trade with capital they can afford to lose. It is crucial to understand the mechanics of leverage and margin calls before engaging in futures trading. Always research assets thoroughly before investing.
First Steps Checklist
For a new user preparing to trade on MEXC:
- Complete registration via Register here.
- Explore the KYC verification process to understand your withdrawal limits.
- Deposit a small amount of cryptocurrency or fiat currency.
- Familiarize yourself with the MEXC Spot Trading Explained Simply interface.
- Practice placing a small Limit order on a low-volatility pair to understand execution.
- Review the fee structure relevant to your expected trading volume.
See also (on this site)
- MEXC Spot Trading Explained Simply
- Understanding MEXC Futures Contracts
- MEXC Account Verification Levels
- MEXC Trading Fees Structure Basics
Recommended articles
- Exploring Long and Short Positions in Crypto Futures
- Exploring the Future of Cryptocurrency Futures Exchanges
- Exploring the Integration of AI Tools on Crypto Futures Exchanges
- Register here
- Regulatory Framework for Cryptocurrencies
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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