Fee Structure on MEXC Transactions
Fee Structure on MEXC Transactions
MEXC (formerly MXC) is a centralized cryptocurrency exchange that offers a wide range of trading options, including spot trading, derivatives, and various investment products. This overview aims to provide beginners with a neutral understanding of its core features and fee structure. To begin using the platform, you can Register here.
Core Features of MEXC
MEXC is known for supporting a large number of digital assets and offering high leverage trading.
- **Asset Variety:** Supports trading for hundreds of cryptocurrencies across numerous trading pairs.
- **Trading Options:** Offers Spot market, leveraged tokens, and Futures contract trading.
- **Launchpad/M-Launchpad:** A platform for new crypto projects to conduct initial listings and fundraising.
- **Staking and Earning:** Various options for users to earn passive income on their holdings.
Fee Structure Overview
MEXC employs a tiered fee structure based primarily on the user's 30-day trading volume and their holdings of the exchange's native token, MX. Fees are generally competitive, especially for high-volume traders.
The basic fee structure applies to both spot and perpetual futures trading. Makers add liquidity to the Order book, while Takers remove liquidity.
| Tier | VIP Level | Spot Trading Fee (Maker/Taker) | Futures Trading Fee (Maker/Taker) |
|---|---|---|---|
| Base Level | VIP 0 | 0.20% / 0.20% | |
| High Volume | VIP 5 | 0.10% / 0.10% |
Note that holding the MX token can often reduce these fees further, depending on the current promotion or VIP tier requirements.
Supported Assets and Markets
MEXC supports a diverse array of digital assets, ranging from major cryptocurrencies like Bitcoin and Ethereum to numerous smaller-cap altcoins.
Spot Trading
The Spot market allows users to buy or sell assets immediately at the current market price or place orders to execute at a specified price. Trading pairs are typically denominated against USDT, BTC, or ETH.
Futures Trading
MEXC offers perpetual and fixed-term Futures contract trading, often with high leverage options. Users trading futures should understand the underlying mechanics, including funding rates, which are crucial for understanding the cost of holding positions over time. For deeper context, see The Importance of Understanding Market Structure in Futures Trading and Understanding the Role of Market Structure in Futures Trading.
Order Types
Understanding order types is fundamental to managing trading costs and execution quality.
- Limit order: An order to buy or sell at a specific price or better. This typically results in a maker fee.
- Market order: An order to execute immediately at the best available price. This typically results in a taker fee.
- Stop Orders: Various conditional orders used for risk management.
Liquidity and Markets
Liquidity refers to how easily an asset can be bought or sold without significantly affecting its price. MEXC generally maintains good liquidity for its major trading pairs. Liquidity is assessed by viewing the depth of the Order book. Higher volume and tighter spreads generally indicate better liquidity.
Security Practices
Centralized exchanges like MEXC implement several security measures:
- Two-Factor Authentication (2FA) for logins and withdrawals.
- Cold storage solutions for the majority of user assets.
- Anti-phishing codes.
Users are always advised to enable 2FA and use strong, unique passwords.
KYC Requirements and Limits
MEXC offers varying levels of service based on Know Your Customer (KYC) verification.
- **Unverified Accounts:** Typically have very low withdrawal limits or may be restricted entirely.
- **Verified Accounts (KYC):** Completing identity verification significantly increases daily/monthly withdrawal limits and may grant access to certain platform features.
Funding and Withdrawals
- **Deposits:** Users can fund their accounts via cryptocurrency transfers from external wallets. For example, depositing Ethereum requires understanding network fees, as noted in Ethereum transactions.
- **Withdrawals:** Withdrawals are processed after a security review. Withdrawal fees are dynamic and depend on the current network congestion for the specific asset being moved.
User Experience (UX)
MEXC provides both a web-based trading interface and dedicated mobile applications (iOS and Android). The interface is generally considered feature-rich, catering to both beginners and advanced traders, though the sheer number of options can sometimes appear complex to newcomers.
Risks and Responsible Trading
Cryptocurrency trading involves substantial risk, particularly when using leverage in the futures market. Users should only trade with capital they can afford to lose. It is crucial to perform thorough research (DYOR) before trading any asset listed on the exchange.
First Steps Checklist
1. Register here for an account. 2. Enable Two-Factor Authentication (2FA). 3. Complete necessary KYC verification if higher limits are required. 4. Deposit a small amount of cryptocurrency to test the funding process. 5. Start with small trades on the Spot market before exploring leverage or futures.
See also (on this site)
- MEXC Trading Pairs Explained Simply
- Understanding MEXC Spot Trading Basics
- Exploring MEXC Futures Market Features
- MEXC Asset Listing Criteria Overview
Recommended articles
- Understanding Market Structure Through Technical Analysis Tools
- Bybit Fee Page
- Fee optimization strategies
- Market structure analysis
- The Importance of Keeping Records of Your Crypto Exchange Transactions
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 |
Join Our Community
Follow @startfuturestrading for signals and analysis.