Withdrawing funds from a MEXC account

Traders who trade on the platform MEXC, can make deposits and withdrawals. To do this, the user must have an account registered on the company website mexc.com.

Output procedure

To withdraw funds from the balance, you need to log in crypto exchanges and go to “Wallet – Overview”. On the right side of the page there is a button “Withdraw”, by clicking on it you can choose a coin. After confirming that the address is correct, copy it to “Withdrawal address” and enter the amount. The service will automatically calculate the processing fees and display the withdrawal amount minus the fee.

 

If partial withdrawal is selected, the message “Address and memo must be filled out for successful withdrawal” will appear. This field must be filled in, so that the assets will not be lost. After withdrawing, you can return to Wallet and go to “History – Withdrawal Records” to see a list of MEXC transactions. Once you find the asset withdrawal record, you can click on Txid, log into the blockchain, and check the withdrawal procedure.

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Commissions and limits

The website of the crypto-exchange has a section “Trading fees”, which provides information about the minimum withdrawal amounts for different cryptocurrencies and the fees for this service. There is a list of currencies with these amounts and a search bar that allows you to quickly navigate to the digital asset of interest. Depending on the network through which the transaction is conducted, the minimum withdrawal amount may also vary. The withdrawal fee charged by the service is also calculated dynamically, taking into account the network.

There are also limits on the maximum amount of withdrawal. They depend on the level of verification at MEXC, which the user has passed. Those traders who have just registered an account, but have not been verified, can withdraw no more than 10 BTC per day or the equivalent of this amount in another cryptocurrency. Users who passed basic verification can withdraw up to 40 BTC. Those who chose extended verification withdraw up to 100 BTC per 24 hours.