Why use MEXC for crypto trading?
If you're new to the world of cryptocurrency and looking for a reliable exchange, then you might want to consider using MEXC Global. This platform is a popular exchange that offers a wide range of features that make it an ideal choice for beginners and experienced traders alike. With over 30 million registered customers across 170+ countries and regions, MEXC is one of the most popular exchanges in the world.
TLDR: We at LUNC Metrics have been extremely satisfied customers with MEXC. They have a feature rich platform, low fees, deep liquidity and an excellent user interface across their apps and websites. We plan to do a proper review of them soon on our upcoming blog, but until then, you can find a lot of info below, and why MEXC has secured us as a customer for life.
MEXC Security and Asset Management
One of the most compelling reasons to use MEXC Global is its security features. This exchange employs advanced security measures to protect its users' funds, including two-factor authentication and SSL encryption. Assets are generally held in cold storage. Additionally, the exchange maintains a reserve fund to ensure that it can cover any losses in the unlikely event of a security breach. MEXC also utilize a Proof of Reserves system, which validates that all assets are held 1:1 on the exchange, there's no funny business happening with your assets.
MEXC is also one of the few exchanges that offers a 100% insurance fund for its users. This means that if there is a security breach, the exchange will cover the losses up to 100% of the funds. This is a great feature that shows that MEXC is committed to protecting its users' funds.
MEXC Coins and Trading Pairs
Another reason to consider MEXC Global is the wide range of cryptocurrencies it supports. MEXC Global offers 2,054 different cryptocurrencies and 2,481 trading pairs. Most pairs are denominated in USDT, but there is some support for USCD, BTC and ETH denominations, and fiat like USD.
So you can find major currencies like Bitcoin, Ethereum and Solana, as well as popular altcoins like LUNC, AVAX, FET, WIF and so much more. MEXC really does have one of the largest coin selections out of all exchanges. This means that you can easily diversify your portfolio and take advantage of new investment opportunities as they arise. Ride the hot trends!
MEXC Trading Fees
MEXC Global also offers extremely low trading fees, which can save you a significant amount of money over time! Right now, Maker and Taker fees for spot trades are 0.05%, and futures trading fees are set at 0%/0.02% for Maker and Taker. Click here to see the full MEXC fee schedule.
And if you hold 500 MX tokens, MEXC will give you 50% off all Spot fees (0% / 0.01% Maker/Taker), and a 50% discount on Futures trades (0% / 0.1% for Maker/Taker). These are the only way to get a discount on trading fees. MEXC used to offer 10% off, but the offer was increased to 50% off on Spot and 50% on futures. This can help you save even more money and maximize your profits, especially if you are trading large volumes.
Here is an example of their spot trading fees:
And since trading fees can be a bit complicated, here is a quick explanation of the terminology and how they work.
Maker Orders
A maker order is one you place at a specific price that doesn't match an existing order right away — instead, it sits on the order book until someone fills it.
Example: If the best ask price is 100 USDT and you place a buy order at 99 USDT, your order stays open until it matches. Once it's filled, maker fees apply.
Taker Orders
A taker order does the opposite — it matches instantly with an existing order on the book.
Example: If the best ask is 100 USDT and you buy at 100 USDT, your order is filled immediately. In this case, taker fees apply.
MX Token Holdings
- Hold at least 500 MX in your Spot account over the last 24 hours and you'll get a 50% discount on Spot and Futures trading fees. Keep in mind: main accounts and sub-accounts qualify separately and can't combine balances.
- The platform checks your holdings by taking three random snapshots daily. The lowest snapshot is used to determine if you meet the requirement for that day.
- Once you've met the required balance and qualifying days, the discount kicks in automatically at 16:00 (UTC) the next day — though minor delays in data updates can happen.
- MX Spot holding discounts can't be used at the same time as MX vouchers — the holding discount takes priority by default.
- Not all trading pairs are covered by the MX holding discount. Check the fee schedule for the exact list.
MX Token Deduction
- Spot Trades: If you enable MX fee deduction, your MX tokens will automatically be used first to cover Spot trading fees at a 20% discount — until your MX runs out.
- Futures Trades: To use MX for Futures fees, you'll need to transfer MX tokens into your Futures wallet. Once enabled, MX will be used first for fee deductions on your Futures trades, giving you a 20% discount until your balance is used up.
- Discount Rules: You can't combine the holding discount with the fee deduction. MEXC will automatically apply whichever benefit gives you the bigger discount.
- Some trading pairs don't qualify for MX fee deductions either — the fee schedule has the specifics.
MEXC Trading Platform and Features
On top of that, the MEXC platform is very user-friendly, easy to navigate and highly customizable. Even if you're new to cryptocurrency trading, you should have no trouble using the platform. MEXC Global also offers a mobile app for iOS and Android, which means that you can monitor your trades and manage your portfolio on the go. Their crypto trading ecosystem is very robust, and also includes a DeFi platform, a NFT marketplace, a staking platform, demo trading, Launchpool, Launchpad, and more.
In addition to these features, MEXC Global offers advanced futures trading features that can help experienced traders take advantage of market fluctuations and potentially increase their profits.
For example, the exchange offers Perpetual Futures trading with leverage up to 500x, which allows traders to borrow funds to amplify their trades. So a $1 bet using 10x Leverage would purchase $10 of crypto. A 10% move on $10 is $1, whereas without using leverage, a 10% move on $1 is only $0.10. The trade off here is your $1 could get completely liquidated if the price moves down 10%. You will also pay/earn funding fees. Futures trading is extremely popular on MEXC, as evidenced by the massive daily trading volume on their futures markets. Here's a quick video that explains how Futures trading works.
Additionally, MEXC offers a wide range of charting tools and technical indicators that can help you analyze market trends and make more informed trading decisions. We love how MEXC has made the charting interface on their mobile apps customizable. In the chart settings, you are able to adjust the height of the chart on your phones screen for optimized visibility. The MEXC apps also give you the ability to toggle order display features, like: Positions, Trigger Orders, Open Orders, Take Profit and Stop Loss points, as well as order history. This lets you dial in the chart configuration to show only the data you want, cutting out distractions. This is especially helpful for active traders.
And of course, you'll find an solid assortment of charting indicators, which can all be customized to your liking. Moving averages, EMAs, Bollinger bands, RSI, volume, etc.
And when you sign up for a new account with our referral code for MEXC, you can get access to exclusive trading bonuses that let you win shares of prize pools, fee discounts and more rewards.
MEXC KYC and Identity Verification
MEXC requires all users to complete a KYC (Know Your Customer) process before they can start trading. This is a standard compliance and security measure to prevent fraud and ensure that all users are who they say they are. The process is quick and easy, you can complete identity verification in just a few minutes.
If you are from a restricted jurisdiction, MEXC may accept digital resident IDs. Combine this with a good VPN and you can trade from anywhere in the world.
MEXC Referral Code Benefits
Finally, if you use our MEXC referral code when signing up for a MEXC Global account, you can get up to $8,000 USDT bonuses and welcome rewards, and you can get access to a 50% discount on all trading fees. Simply hold 500 MX tokens and the trading fee discount will be automatically applied! This coupon code is unique to the LUNC Metrics community. To use the MEXC referral code “mexc-1H1S9”, simply enter the promo code when signing up for your account. Clicking our referral link should automatically enter the referral code for you.
In conclusion, MEXC Global is a reliable and user-friendly exchange that offers a wide range of features and benefits. Its advanced security measures, low trading fees, and wide range of supported cryptocurrencies make it an ideal choice for beginners and experienced traders alike. And if you use referral code “mexc-1H1S9” when signing up for an account, you can receive a 50% discount on all trading fees. So why wait? Create an account today and start taking advantage of all that MEXC Global has to offer.
MEXC Frequently Asked Questions
How many crypto currencies does MEXC support?
MEXC has 2,054 cryptocurrencies and 2,481 trading pairs. Most trading pairs are denominated in USDT, but there is some support for USCD, BTC and ETH denominations, and fiat like USD.
As you can imagine from the huge number of tokens, MEXC offers just about every type of crypto: blue chips like BTC, ETH and SOL, meme coins like PEPE, FARTCOIN, MOG and PENGU, AI tokens and so much more.
Have you ever faced any problems trading futures with MEXC?
No, we frequently make deposits, withdrawals and trades on MEXC, and have never had any issues. Withdrawals are processed quickly, trades are executed perfectly and the platform is very stable. The verdict is in: MEXC is one of our favorite exchanges to trade on.
Does mexc offer customer support?
Yes, MEXC offers customer support via email, phone and live chat. The support team is available 24/7, in multiple languages, and they can help you with any questions or issues you may have. They also take your feedback to help improve the platform.
How can I participate in the MEXC AirDrop and Launchpad programs?
To participate in the MEXC AirDrop and Launchpad programs, you need to hold MX tokens in your Spot wallet. MX tokens are MEXC's native exchange token, and you can buy them using Spot trading. The more MX tokens you hold, the more you can earn.
How can I participate in the MEXC M-Day program?
The MEXC M-Day program lets you trade futures and claim huge rewards daily. All you need to do is click the Register button every day. The more you trade on Futures, the more tickets you get and the higher your USDT rewards.
How can I participate in the MEXC Futures Bonus Pool program?
The MEXC Futures Bonus Pool program offers huge rewards to traders who hold MX tokens. The more you trade on Futures, the more tickets you get and the higher your USDT rewards.
How to Register an account with MEXC Referral Code mexc-1H1S9
To receive the trading discount and any sign up bonus opportunities offered through the MEXC referral program, simply follow these steps:
- Visit the MEXC Global registration page
- Make sure you enter referral code mexc-1H1S9 in the designated field during the sign-up process. See image for details.
- Complete the registration and KYC (identity verification) process
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Make a deposit and start trading!
- Hold MX tokens (MEXC's native exchange token) and your trades will automatically receive 50% off Futures trading fees and 50% off Spot. Woohoo!
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Look for more ways to earn rewards:
- Trading Futures, M-Day and Futures Bonus Pool has great offers
- Monthly Futures Competitions offer huge prize pools
- Holding MEXC's native token (MX) can make you eligible for airdrops and special MEXC launchpad promotions
MEXC Referral Code FAQs
MEXC referral code mexc-1H1S9 offers me what benefits?
50% off trading fees, and you can claim up to $28,100 USDT sign up bonuses on the MEXC trading platform. This is an exclusive MEXC promotion and it's the best MEXC discount code we've seen.
Are the trading fee discounts automatically applied?
No, you need to hold 500 MX tokens to receive the 50% off trading fees. Once you do that, any trade you make will automatically have a 50% discount applied to the trading fee! Holding MX tokens also makes you eligible to receive free airdrops and participate in MEXC Launchpad promotions!
If you don't want to hold MX tokens, don't worry. MEXC fees are already the lowest across any exchange, so you're getting a great deal by trading with MEXC.
Can I use the MEXC's referral code mexc-1H1S9 if I already have an account?
The MEXC referral code mexc-1H1S9 is specifically designated for new users to MEXC. If you already have an account, unfortunately, you cannot use this referral code to benefit from its associated rewards. However, you can still actively participate in the referral program by inviting new users to join MEXC using your unique referral link or code.
Is an MEXC referral code mexc-1H1S9 the same as a MEXC promo code or coupon code?
Yes, the MEXC referral code mexc-1H1S9 is the same as a MEXC promo code or an MEXC coupon code. It's just a unique code that you can use during sign up to get extra bonuses, or to refer new users to MEXC and earn rewards. So whether you're looking for an MEXC coupon code, promo code or referral code, you're in the right place.
How do I get the MEXC referral code mexc-1H1S9?
The MEXC referral code mexc-1H1S9 is automatically generated when you sign up for an account with MEXC. It's a unique code that you can use to refer new users to MEXC and earn rewards. If you have a large network of traders, you should seriously consider joining the MEXC affiliate program.
Is this MEXC promotion available to all users?
No, this MEXC promotion is only available to new users who sign up for an account with MEXC using the MEXC referral code mexc-1H1S9. This is an exclusive and time sensitive MEXC code offer.
Do you have referral codes for any other exchanges?
Yes, we have referral codes for all the hottest, and most trustworthy exchanges. Here are a few of our favorites:
Unlock Exciting Rewards with the MEXC Referral Program
Experience a world of benefits and rewards with the MEXC referral program. When you invite your friends and acquaintances to join the platform using the MEXC referral code mexc-1H1S9, both you and your referrals can enjoy a range of enticing advantages, including:
- Commission Rebates: Earn up to 50% of the trading fees generated by your referred users when they become a customer (active trader). It's a great opportunity to earn passive income, effortlessly.
- Exclusive Discounts: Gain access to exclusive discounts and promotions that are specifically tailored for customers who join MEXC through a referral code. Stay ahead with exciting deals that are not available elsewhere.
- Ongoing Rewards: Unlock the potential for ongoing rewards by participating in the platform's diverse reward programs. Enjoy airdrops, futures trading bonus pools and exciting trading events. Maximize your benefits while exploring new avenues for profit.
The MEXC referral program offers a win-win situation, where you and your referrals can enjoy the journey together while reaping great rewards. Start inviting your contacts today with the referral code mexc-1H1S9 and enter a world of possibilities.
Join the MEXC Affiliate Program
And if you have a large network of contacts or are a social media influencer, you can earn even more rebates in the MEXC affiliate program. Customize your coupon code, download banners, access custom tasks and more.
Commission rates top out at 70% of trading fees for qualifying affiliates. You also get access to the MEXC affiliate program dashboard, which contains detailed analytics on your referrals, trading volume and more. The MEXC affiliate program also sends daily, weekly and monthly newsletters recapping your performance and the rebates you've received. You can also customize your coupon code, download banners, access custom tasks and more.
The MEXC affiliate program is one of the best cryptocurrency affiliate programs out there. Top tier affiliates can get access to BD company managers via Telegram, who can give you direct feedback and support.
MEXC Referral Program FAQs
Is there a limit to the number of users I can refer using the MEXC referral code mexc-1H1S9?
No, there is no limit to the number of users you can refer using the MEXC referral code mexc-1H1S9. The more users you invite, the more rewards you can potentially earn when they become active traders!
How can I track the rewards I've earned through the MEXC referral program?
You can easily track your referral rewards on your MEXC account dashboard. Simply navigate to the "Referral" section, where you will find detailed stats about your referred customers, commission rebates, active trader ratio, and other rewards earned through the program.
They also include branded assets, PDF's and banners to help you promote the MEXC referral program.