MEXC
Total reviews 7
1 complaint
4.1
Unconfirmed company
mexc.com
Go to the website
Cryptocurrency exchange provides traders with comfortable and favorable trading conditions, referral program, as well as various promotions.
Cryptocurrency exchange
Official website
Social media
Date of foundation
2018
Head Office
Seychelles
Types of support
[email protected]Live ChatFeedback form on the siteTelegramFacebookTwitter
Languages
English, Turkish, Chinese, Indonesian, Japanese, Russian, etc.
Minimum entry amount
Verified
Cryptocurrency
  • От 0.001 USDT / Эквивалент других криптовалют
Fiat
Not available
Unverified
Cryptocurrency
  • От 0.001 USDT / Эквивалент других криптовалют
Fiat
Not available
Maximum input amount
Verified
Cryptocurrency
No limits
Fiat
  • Bank card (Visa/MC): Up to 20,000 USD
Unverified
Cryptocurrency
Not available
Fiat
Not available
Minimum withdrawal amount
Verified
Cryptocurrency
  • От 30 USDT / Эквивалент других криптовалют
Fiat
  • Bank card (Visa/MC): from 100 USD
Unverified
Cryptocurrency
  • От 30 USDT / Эквивалент других криптовалют
Fiat
Not available
Maximum withdrawal amount
Verified
Cryptocurrency
  • до 20 000 BTC / Эквивалент других криптовалют в сутки
Fiat
Not available
Unverified
Cryptocurrency
  • до 0.1 BTC / Эквивалент других криптовалют
Fiat
Not available
Exchange Commission
Trade Commission: 0.2 %
Contract trading: Until 0.02 % for maker / Until 0.06 % for taker
Age restrictions
From 18 years
Trading volume per day
1213540384 billion USD
Number of cryptocurrencies
400
Number of trading instruments
400
Margin Trading
Yes
Leverage
Up to 1:10
Tokenized assets
MX Token
Free Demo Account
No
Types of accounts
Execution of orders
Market Execution (at market price), Limit Orders, Stop Limit
Methods of replenishment
Bank card (Visa/MC),
Withdrawal methods
Cryptocurrencies
Account currencies
EUR, USD, Cryptocurrency, CNY, GBP, AUD, etc.
Types of cryptocurrencies
Bitcoin, Ethereum, EOS, BinanceCoin, Litecoin, Ripple, etc.
Mobile applications
There are mobile apps (Android)
Trader training
Video lessons, traders' guides
A way to store cryptocurrencies
Cold: Yes
Hot: no
Fiat accounts
Yes
Scalping
No
Stop Loss and Take Profit Function
Yes
Exchangeability for fiat currencies
Yes
Additional features
Ability to vote for cryptocurrency listings
Basic verification
Yes
Extended AML verification
API
Affiliate Program
RegistrationUp to 80% of the amount of commission on referral transactions
Benefits
Advantageous conditions for cooperation
Large selection of cryptocurrencies
Russian version of the site
There is an exchange for fiats
Margin Trading
Simple and intuitive interface
Referral program
Security
High volume of trades
Disadvantages
Mandatory verification
Company requisites
Overall assessment
8.7/10
Date of update
30.08.2022
    More on that
    The address is
    Seychelles

    MEXC это развод? Reviews and description

    Published: January 24, 2020 Updated: 30 August 2022


    MEXC - it's a trading exchange cryptocurrencywhich appeared on the financial market in 2018. During this period, the company has actively developed and gained popularity among users around the world.

    In our review, we will analyze in detail the opportunities that the project offers to its customers and find out whether MEXC is a scam or a reliable platform for cryptocurrency trading.

    MEXC is a scam? Reviews

    Invitation code: 13gDG

     

    Why MEXC?

    MEXC is cryptocurrency exchangeThe project is actively gaining in popularity. The project is actively gaining popularity. The company focuses on the international market, as evidenced by the interface of the official site mexc.comtranslated into nine languages. The main office of the project is located in Singapore, from where the organization is regulated.

    The exchange provides users with the opportunity to trade more than 180 trading pairs. BTC/USDT, ETH/USDT, BSV/USDT, XRP/USDT, BCH/USDT, LTC/USDT, EOS/USDT, ETC/USDT, BSV/BTC, ZEC/USDT account for the bulk of the trading turnover. Both fiat and futures trading are available for clients. Also, margin trading is available to users. The company has its own token called MX Token, which provides users with some benefits in the form of discounts (How to make money on cryptocurrency?).

    The platform is perfect for advanced traders, thanks to its wide range of features, as well as for beginners. Various training materials are provided for inexperienced traders. The disadvantage is that some of the materials, including training videos, are only in Chinese.

    In addition to the standard account, users have the opportunity to open a VIP account. To open this type of account, you must have a daily asset of 30 VT, the quarterly trading fee must be at least 5000 USDT. A VIP account has a number of privileges:

    • the ability to withdraw a larger amount daily than regular users;
    • commission discount;
    • holiday gifts;
    • exclusive chat;
    • the opportunity to become a regional partner;
    • investment advisor;
    • annual events;
    • other privileges.

    The trading platform has two types - basic and advanced. The basic platform is more suitable for making quick deals. Here for the trader all necessary information which should be at hand is presented. Thus, information about the chosen trading pair, order history and chart appears in front of the client.

    mexc.com platform reviews

    The advanced version of the platform contains more analytical information with which the user can analyze selected trading pairs to make informed decisions.

    MEXC reviews of the platform

    In order to keep up with the latest updates on the company's website, a separate section called "Announcements" has been created. In this way, users can track the latest changes on the exchange. Traders also have the opportunity to participate in the life of the project and vote for the types of cryptocurrencies that are to appear in the listing of the exchange.

    It is extremely important for most traders to have constant access to their trading account. That's why a mobile version of the trading platform was created. Thus, clients can access the exchange 24/7. Both iOS and Android versions are available.

    mexc.com mobile app

    Among the main advantages of the company are:

    • a large selection of cryptocurrencies;
    • Russian version of the site;
    • there is an exchange for fiats;
    • margin trading;
    • simple and intuitive interface;
    • referral program;
    • security;
    • high volume of trades.

     

    How to exchange cryptocurrency on the mexc.com platform?

    To proceed to the exchange of cryptocurrency, you should click on the tab "Exchange", choose the appropriate option of the trading platform and perform a few simple steps:

    • choose a trading pair to exchange;
    • fill out an order specifying the amount and amount of cryptocurrency to be exchanged;
    • click on the "Buy" or "Sell" button, depending on the target.

     

    Verification on the MEXC platform

    Verification is a mandatory step after account registration. Without verification the user will not be able to withdraw funds from his account. Also, verification is necessary for the safety of your own account. To pass the verification it is necessary to make several steps. First, you need to fill in the following data:

    • indicate the nationality;
    • name and surname;
    • Select the type of identity document;
    • specify the document number.

    Next, a number of documents must be uploaded:

    • photo of the first page of the document;
    • photo of the last page of the document;
    • photo of users with a spread of the document in their hands and a sheet with MEXC.COM, phone number, name, signature, document number and current date.

    MEXC verification

    Note that there are requirements for photos/scans of documents:

    • the content of the photo must be clearly visible;
    • Only the jpg image format is supported;
    • the size of the image cannot exceed 4 mb.

    On average, the verification process takes from several hours to several days.

     

    Deposit and withdrawal

    To fund your trading account, you need to log in to your profile on mexc.com and click on the "Assets" tab. Next, you need to perform several actions:

    • choose a cryptocurrency to refill;
    • click "Deposit" opposite to the selected digital asset;
    • copy the generated address and paste it where the transfer will be made from.

    mexc.com recharge

    Withdrawal of earnings

    To withdraw your earnings from the platform, you must also enter the "Assets" section and follow a few simple steps:

    • choose the cryptocurrencies to withdraw;
    • insert the address where the withdrawal will be made;
    • specify the withdrawal amount;
    • send the transfer to the specified address.

    The minimum amount to withdraw is 0.001 VTB or the equivalent amount in another currency.

    Cryptoexchange Commission

    On the site mexc.com There is a single trading commission for both makers and takers in the amount of 0.2% of the transaction amount.

    Withdrawal fees

    While there is no fee for depositing, there is a fee for withdrawing earnings, which directly depends on the selected cryptocurrency. For example, for bitcoin the fee is 0.0005 BTC.

     

    MEXC bonuses

    From time to time the broker conducts various contests, as well as giving bonuses to active users.

    Referral program

    An affiliate program has been developed for active users who want to earn extra income. As part of the program, clients can attract new participants to the project and receive remuneration for this up to 80% of the commission amount. Also referrers can get a discount on commission.

     

    Complaints about mexc.com

    Since the project appeared on the Internet relatively recently, you can find a small amount of information from customers, especially from the CIS countries. In general, the company has a positive reputation, although there are some shortcomings. Of the positive aspects of traders note a large selection of cryptocurrencies, user-friendly interface and loyal commissions. The disadvantages include the fact that not all sections of the site mexc.com work and translated into Russian, as well as the obligatory passage of verification.

    If there are any reviews about MEXC, we'll be sure to post them on social media. Sign up so you don't miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Crypto exchange regulation

    The financial sphere is one of the most popular among swindlers, which is why a large number of unscrupulous projects appear in the network. To protect yourself from a negative experience of cooperation with fraudsters, it is necessary to check the availability of necessary documents, as well as registration. Let's consider in more detail how the regulation of the project is carried out. It is known that the organization does not have any license, but this may be due to the fact that the exchange is quite young. All documentation of the project is publicly available to all users. The company's contact information is also not hidden.

    Mexc.com User Agreement

    The "User Agreement" is the main document of the project, which every user should read. The agreement contains basic information about the trading process, as well as the responsibilities of clients and organizers. The advantage is that the document is also translated into Russian. Let's consider some points in detail.

    The document clearly states that the company has the right to update the agreement from time to time. That's why the user should periodically visit the site and independently check for changes. By continuing to use the services of the site, it is automatically considered that the client has accepted the changes in the agreement. Once the amended agreement is posted, the original agreement is effectively superseded. The user can read the latter agreement at any time on the official site. The organizer is not obliged to warn the client about the changes in advance.

    MEXC user agreement

    The organization provides services to its clients in accordance with availability and status. However, it should be understood that the organizer makes no implied or express warranties, including but not limited to the applicability of the services, the absence of any errors or omissions, consistency, accuracy, reliability and fitness for a particular purpose. Also, the organizer disclaims any responsibility and does not guarantee to users the accuracy, precision, correctness, reliability, quality, consistency, integrity and timeliness of the technology and information related to the service and its services.

    mexc.com guarantees

    Regardless of the circumstances arising, the company disclaims any liability in the event of information network service failures, network connection failures, computer, communications or other system failures, power failures, strikes, labor disputes, riots, insurrections, disturbances, productivity or inadequate production resources, fires, floods, storms, explosions, wars, state lines, judicial administrative command authorities, in the event of

    MEXC responsibility

    The Customer understands and agrees that the Company shall not be liable for any damages to users, including damages to profits, goodwill, use of data, loss of data, or other intangible losses (whether or not the Company has been advised in advance of the possibility of such damages), if the following situations occur:

    • the organizer believes that a particular participant or his/her transaction may be illegal or in default;
    • the actions of the trader are suspected as illegal or violate the terms of the agreement;
    • costs and losses have been incurred as a result of acquiring or receiving any data, information or transaction through the MEXC service;
    • the user misunderstood the principle of the service;
    • any other loss that was not caused through the fault of the organizer.

    The user accepts the fact that the organization has the right to stop providing services to the client for any reason and without prior notice, if one of these situations occurs:

    • the client entered the wrong data during registration, registering under a different name;
    • the specified email address does not exist, and there are no other ways to contact the user;
    • the information provided by the trader is untrue, inaccurate, untimely or incomplete;
    • when the agreement is changed, the client has notified the company that he/she refuses to accept the new terms of service;
    • the company believes that the user's account should be terminated.

    mexc.com providing access to services

    The user agrees to the fact that after termination of cooperation with the project, the company continues to have the following rights:

    • continue to store user information, as well as information about all transactions;
    • the organizer can hold the client responsible if he/she has committed an illegal act or violated the agreement while using the services of the site.

    Upon termination of the user's services, the company will continue or cease to process and bear any disputes the user may have incurred. This means that it is the client who will bear the losses and additional costs that may result from the processing of the transaction. The company is not responsible for any costs incurred as a result:

    • digital assets that the user has put on the exchange have not been sold before the termination of the traders' services;
    • when entering into a purchase agreement with another user before the service was terminated, but the contract was not fulfilled as a result.

    In this case, the contract cannot be deleted by the organizer, but the company can notify the counterparty.

    MEXC service rights

    Customer Service

    You can contact the support service by one of the presented options:

     

    Is MEXC a scam?

    MEXC - is an exchange for trading digital assets, which appeared on the financial market in 2018. During this period, the project actively developed and became one of the largest. It is known that the official website of the organization is translated into 9 languages, and the company itself cooperates with clients from 70 countries, which indicates the orientation of the exchange to the international market. The project is headquartered in Singapore, where the exchange's activity is regulated.

    The company provides traders with comfortable and favorable trading conditions. More than 180 trading pairs are listed on the exchange. Clients also have the opportunity to exchange fiat currency. Like most major exchanges, MEXC has its own token called MX Token. Token holders have benefits in the form of bonuses, discounts and additional functionality. In addition to a regular account, users can also open a VIP account, which will also provide owners with a number of privileges.

    Various promotions and contests are provided for active clients. In addition, traders can earn extra income by taking part in an affiliate program. Thus, the user can attract new participants in the project and receive for this a certain remuneration and discounts on commissions. A mobile app was created to allow clients to access their trading account at any time. Using your smartphone, you can access your profile at any time and from anywhere. Both Android and iOS versions are available.

    Although the project has been operating on the market for two years, you can find quite few reviews from clients on the Internet. In general, the company has a positive reputation among users. Having studied in detail the opportunities implemented by the company, is it possible to argue that the exchange MEXC - it is a scam and fraud? No, because the platform successfully operates and provides its services to traders from 70 countries around the world.

     

    Conclusion

    MEXC - is a cryptocurrency exchange that began its operation three years ago. During this period, the company successfully developed and became a leader in its industry. The organization focuses on the international market, as evidenced by the multilingual interface of the official website of the project.

    Clients are provided with not only comfortable, but also favorable conditions for cooperation. However, before registering it is worth understanding that trading itself is a risky process. That is why it is necessary to assess the possible risks and read the necessary documentation on the site. If you have cooperated with the project - leave your impressions about the work of the service on our website to form a fair rating of cryptocurrency exchanges.

    Exchange Commission
    73%
    Transaction speed
    75%
    Reliability
    75%
    Technical support
    78%
    4.1

    Reviews

      MEXC отзывы

      7
      Add review
      • Increasing the score
      • In descending order of score
      • New ones first
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      • First the popular
    • 5
      Review approved for publication Rate this review 0
      0
      0
      Exchange Commission
      100%
      Transaction speed
      100%
      Reliability
      100%
      Technical support
      100%
      nonsense, the exchange is super

      I’ve been using it for a long time now, I’m very happy with everything, small commissions, no commissions for spot because there’s a promotion going on now and it’s been going on for a long time already! I used it for a long time and I’m very happy with everything. i have very low commissions in spot… Read more

      Pros
      • as described
      Minuses
      • no
    • 4.8
      Review approved for publication Rate this review 0
      -1
      1
      Exchange Commission
      100%
      Transaction speed
      80%
      Reliability
      100%
      Technical support
      100%
      MEXC Crypto Exchange

      MEXC has the best tech support I have ever seen. I had an issue with one of my PCs being hacked. I contacted the chat room to freeze my account and they did it instantly. They made sure my funds were there and that no one had access to them. The quick technical support is the most important thing to… Read more

    • 5
      Review approved for publication Rate this review 0
      0
      0
      Exchange Commission
      100%
      Transaction speed
      100%
      Reliability
      100%
      Technical support
      100%
      Thank you!

      I have been using the services of MEXC for almost a year now. I am very enthusiastic about their services and their commitment to being a five-star company, from all points of view. I recently had a problem with a transaction and contacted customer service. Received a clear response explaining how the… Read more

    • 4.8
      Review approved for publication Rate this review 0
      0
      0
      Exchange Commission
      100%
      Transaction speed
      100%
      Reliability
      80%
      Technical support
      100%
      My experience!

      I have to be honest about my experience. So I want to say that the app was glitchy at first, there were issues with loading and limited options on the dashboard. Now all that has changed, the app now has quality updates and affordable offerings. Also APY is a good tool to get low interest loans against… Read more

    • 4
      Rate this review 0
      +1
      0
      Exchange Commission
      80%
      Transaction speed
      80%
      Reliability
      80%
      Technical support
      80%
      Hello. Can you please tell me if...

      Hello. Can you please tell me if the deposit and withdrawal buttons are inactive for a particular coin, what does this mean? Is there some work in progress, or the coin in general want to remove???

    • 1
      Review approved for publication Rate this review 0
      -5
      1
      Exchange Commission
      20%
      Transaction speed
      20%
      Reliability
      20%
      Technical support
      20%
      Do you want me to tell you...

      Do you want me to tell you the big secret and the downside, which the exchange hides from everyone?
      Did you know that all wallets with your money belong to the exchanger, not to you, and in any unclear situation it can take away your access to them. Today I have a question to the exchanger, and I asked… Read more

      • Lissanro Rayen Vanya Belozertsev 18 May 2021 в 20:25
        Evaluate the answer. 1
        0

        This is true for any exchange, whether crypto or fiat, and no one hides it. In addition, even if they gave a private key, what good would it do if it is already known to the one who gave it? You have to withdraw the income to your wallet. Not to mention the fact, that there are many technical and security reasons, that no exchanger would give out private keys from purses. If you want to exchange cryptocurrencies without exchanges and have your private keys with you, there are wallets like Exodus, but they usually have very high exchange fees. Exchanges are more profitable and convenient for frequent cryptocurrency exchange operations.

      • Ruslan Vanya Belozertsev 17 August 2022 в 12:41
        Evaluate the answer. 0
        0

        Good afternoon! We try to make sure that the reviews on our site are objective, but you left a negative comment without understanding the situation. MEXC one of the popular exchanges and respects the safety and privacy of users’ wallets. The reasons for blocking accounts are spelled out in user agreement, see it at

    • 4.5
      Rate this review 0
      0
      Exchange Commission
      60%
      Transaction speed
      100%
      Reliability
      100%
      Technical support
      100%
      From the reviews of MXC platform users

      From the reviews of MXC platform users, we realized that the main disadvantage of the exchange is mandatory and quite complicated verification of the account. Yes, for many it may be inconvenient, but that is the rules of the service. If you are not ready for verification is better to refuse working… Read more

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