MEXC Exchange: Supported Cryptocurrencies

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MEXC Exchange: Supported Cryptocurrencies

MEXC is a global cryptocurrency exchange offering a wide range of digital assets and trading options. This article provides a beginner-friendly overview of the platform, covering its key features, supported cryptocurrencies, trading mechanics, security practices, and more.


Core Features

  • **Diverse Cryptocurrency Selection:** MEXC supports hundreds of cryptocurrencies, including popular coins like Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT and USDC.
  • **Spot and Futures Trading:** Users can engage in both spot market trading, where assets are bought and sold at current market prices, and futures contract trading, which involves speculating on the future price of an asset.
  • **Multiple Order Types:** MEXC offers various order types to suit different trading strategies, including limit orders, market orders, stop-loss orders, and more.
  • **Liquidity and Market Depth:**

The platform boasts good liquidity across many trading pairs, ensuring smooth execution of orders.

  • **Security Measures:** MEXC prioritizes security with features like two-factor authentication (2FA), cold storage for funds, and regular security audits.
  • **KYC/AML Compliance:** MEXC adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring users to verify their identity for enhanced security.
  • **Funding and Withdrawals:**

Users can deposit and withdraw funds using various methods, including cryptocurrencies, bank transfers, and third-party payment processors.

  • **User-Friendly Interface:** MEXC offers a user-friendly interface on both its website and mobile app, making it accessible to both beginners and experienced traders.

Supported Assets

MEXC supports a vast array of cryptocurrencies, from established coins to emerging altcoins. A small sample of supported assets is shown below:

Cryptocurrency ! Symbol
BTC ETH USDT BNB ADA SOL DOGE

For a complete and up-to-date list of supported cryptocurrencies, please refer to the MEXC website.


Spot Trading

Spot market trading on MEXC allows users to buy and sell cryptocurrencies at the current market price.

  • **Order Book:** The order book displays buy and sell orders placed by other traders, giving you an overview of market sentiment and potential trading opportunities.
  • **Trading Pairs:** MEXC lists various trading pairs, such as BTC/USDT, ETH/BTC, and many more.

Futures Trading

MEXC offers Futures contract trading, allowing users to speculate on the future price of cryptocurrencies.

  • **Leverage:** Futures trading on MEXC allows the use of leverage, which amplifies both potential profits and losses.
  • **Margin:** Traders need to maintain a certain level of margin to cover potential losses.
  • **Liquidation:** If a trader's margin falls below a certain threshold, their position may be liquidated.

Order Types

MEXC provides several order types to cater to different trading strategies:

  • **Limit Order:** A limit order is executed only at a specific price or better.
  • **Market Order:** A market order is executed immediately at the best available market price.
  • **Stop-Loss Order:** A stop-loss order is designed to limit potential losses by automatically selling an asset when it reaches a certain price.

Liquidity and Markets

Liquidity refers to the ease with which an asset can be bought or sold without affecting its price.

MEXC generally has good liquidity across many trading pairs, especially for popular cryptocurrencies. Market depth, reflected in the order book, indicates the number of buy and sell orders at different price levels.

Deep markets with high trading volume typically offer better liquidity and tighter spreads.

Security Practices

MEXC takes security seriously and implements various measures to protect user funds and data:

  • **Two-Factor Authentication (2FA):** 2FA adds an extra layer of security by requiring users to enter a unique code from their mobile device in addition to their password.
  • **Cold Storage:** A portion of user funds are stored offline in cold storage, making them less vulnerable to hacking attempts.
  • **Regular Security Audits:** MEXC undergoes regular security audits by independent third-party firms to identify and address potential vulnerabilities.

KYC/Limits

MEXC requires users to complete KYC verification to comply with regulations and enhance platform security.

KYC involves providing identity documents such as a passport or driver's license.

Verification levels may determine trading limits and access to certain features.

Funding & Withdrawals

MEXC supports various funding and withdrawal methods, including:

  • **Cryptocurrency Deposits and Withdrawals:** Users can deposit and withdraw cryptocurrencies directly to and from their MEXC wallets.
  • **Bank Transfers:** Some regions may support bank transfers for fiat currency deposits and withdrawals.
  • **Third-Party Payment Processors:** MEXC may integrate with third-party payment processors for additional funding options.

Mobile & Web UX

MEXC offers a user-friendly experience on both its website and mobile app. The platform is designed to be intuitive and accessible to both beginners and experienced traders.

Risks and Responsible Trading

Cryptocurrency trading involves inherent risks, including price volatility, hacking, and scams. It is crucial to practice responsible trading by:

  • **Conducting Thorough Research:** Before investing in any cryptocurrency, research its fundamentals, technology, and potential risks.
  • **Starting Small:** Begin with a small investment amount that you are comfortable potentially losing.
  • **Using Stop-Loss Orders:** Utilize stop-loss orders to limit potential losses.
  • **Diversifying Your Portfolio:** Don't put all your eggs in one basket. Diversify your investments across different cryptocurrencies.
  • **Staying Informed:** Keep up-to-date on market trends and news.


First Steps Checklist

  • **Research:** Learn about MEXC and its offerings.
  • **Verification:** Complete KYC verification.
  • **Explore the Platform:** Familiarize yourself with the interface, order types, and trading options.
  • **Start Small:** Begin with a small investment and gradually increase your exposure as you gain experience.


See also (on this site)

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