How to Use MEXC for Beginners — Complete Guide (2026)

By Kaspar KuhiUpdated: 8 min read

A complete walkthrough for getting started with MEXC in 2026 — from creating your account and verifying your identity, to depositing funds, making your first trade, and withdrawing safely. Written for complete beginners.

Affiliate Disclosure: This article contains affiliate links. I may earn a commission when you register through my links at no extra cost to you. All bonuses and discounts are subject to MEXC's official terms and may change without notice.

Risk Warning: Cryptocurrency trading involves significant risk. Prices can fluctuate rapidly and you may lose your investment. This content is for informational purposes only and should not be considered financial advice.

Regulatory position: eight regulators, among them the UK FCA, Japan's FSA and BaFin, have published warnings about MEXC, and the Seychelles regulator has said it cannot help users recover funds. Every source, linked.

1. What Is MEXC?

MEXC Global is a cryptocurrency exchange founded in 2018, offering spot trading, futures trading, and various crypto financial products. The platform supports a large number of trading pairs and is accessible in most countries (with some regional restrictions).

Key features for beginners:

  • Wide selection — supports many cryptocurrencies and trading pairs
  • Low entry barrier — basic trading available with relatively small amounts
  • Mobile apps — available for iOS and Android
  • Rewards Hub — promotional campaigns and learning rewards

Note: MEXC is an international exchange. Availability and features may vary by region. Always check if the service is available in your jurisdiction.

2. Creating Your Account

Getting started on MEXC takes a few minutes:

  1. Visit MEXC.com — go to the official website. You can use a partner link to potentially access promotions.
  2. Click "Sign Up" — choose email or phone number registration.
  3. Enter a referral code — if you have one (e.g., FAIRTRADE), enter it in the referral field. This connects your account to available partner promotions.
  4. Verify your email/phone — enter the verification code sent to you.
  5. Set a strong password — use at least 12 characters with mixed case, numbers, and symbols.

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3. KYC Verification

KYC (Know Your Customer) verification confirms your identity. Most guides tell you it raises your limits without saying by how much, which is the only part you actually need. MEXC publishes two levels, and these are the numbers attached to them:

Daily crypto withdrawal limit, Primary KYC

80 BTC/day

MEXC KYC levels — checked August 23, 2026

Daily crypto withdrawal limit, Advanced KYC

200 BTC/day

Advanced KYC adds facial recognition on top of the ID documents.

MEXC KYC levels — checked August 23, 2026

Daily fiat trading limit, Advanced KYC

20,000 USD/day

MEXC KYC FAQ — checked August 23, 2026

Primary KYC is ID documents. Advanced adds facial recognition and takes you from 80 BTC/day[src] to 200 BTC/day[src] on crypto withdrawals. For most people the Primary limit is far more than they will ever move, so the practical reasons to verify are the other ones:

  • Access to futures trading
  • Eligibility for more promotional campaigns
  • Better account security and recovery options

To verify: go to Profile → Identity Verification, upload a valid government ID, and complete a selfie verification. Processing usually takes a few minutes to a few hours.

4. Securing Your Account

Before depositing any funds, secure your account properly:

  • Enable 2FA — use Google Authenticator or a similar TOTP app (not SMS, which is less secure)
  • Set an anti-phishing code — MEXC emails will include this code so you can verify they're genuine
  • Use a unique password — don't reuse passwords from other services
  • Bookmark MEXC.com — always access the site from your bookmark, not search results or email links

Security tip: Never share your password, 2FA codes, or private keys with anyone — including people claiming to be MEXC support staff.

5. Depositing Funds

MEXC supports crypto deposits and, in some regions, fiat on-ramps (credit card, bank transfer via third-party providers).

Crypto Deposit

  1. Go to Assets → Deposit
  2. Select the cryptocurrency (e.g., USDT, BTC, ETH)
  3. Choose the correct network — this is critical. Sending on the wrong network can result in lost funds
  4. Copy the deposit address and send from your external wallet
  5. Wait for network confirmations (time varies by blockchain)

Critical: Always double-check the network. Sending USDT on the wrong chain (e.g., ERC-20 vs TRC-20) can result in permanent loss of funds.

Fiat Purchase (Buy with Card)

MEXC offers "Buy Crypto" options through third-party payment processors. Fees, available methods, and supported currencies vary by region and provider. Compare rates before purchasing.

6. Making Your First Trade

For beginners, start with Spot Trading — this is the simplest form of crypto trading where you buy and sell at current market prices.

  1. Go to Trade → Spot
  2. Search for the trading pair you want (e.g., BTC/USDT)
  3. Choose Market Order for instant execution at current price, or Limit Order to set your desired price
  4. Enter the amount you want to buy or sell
  5. Review and click Buy or Sell

Tip: Start with small amounts to learn how the interface works before committing larger sums.

7. Understanding Order Types

Order TypeHow It WorksBest For
Market OrderExecutes immediately at current market priceQuick buys/sells when price isn't critical
Limit OrderOnly executes at your specified price or betterBuying at a lower price or selling at a higher price
Stop-LimitTriggers a limit order when a stop price is reachedProtecting against losses or catching breakouts

Beginners should start with Market and Limit orders. Stop-Limit orders are useful once you understand price action better.

8. Withdrawing Funds

  1. Go to Assets → Withdraw
  2. Select the cryptocurrency to withdraw
  3. Enter the destination wallet address
  4. Select the correct network — must match the receiving wallet's network
  5. Enter the amount and confirm
  6. Complete security verification (2FA, email code)

Withdrawal processing times depend on the blockchain network and MEXC's processing queue. Most withdrawals complete within minutes to an hour.

Tip: Always do a small test withdrawal first to confirm the address and network are correct.

9. Fees and How to Reduce Them

MEXC charges trading fees using a maker-taker model. Ways to potentially reduce fees:

  • Use a partner code — entering code FAIRTRADE during signup may activate fee discounts (subject to MEXC's terms)
  • Hold MX tokens — enabling "Use MX to pay fees" in settings may reduce trading costs
  • Increase volume — VIP tiers offer lower fees for active traders
  • Use limit orders — maker (limit) orders often have lower fees than taker (market) orders

For detailed fee information, see my guide: How to Save on Trading Fees with MEXC.

10. Common Beginner Mistakes to Avoid

❌ Sending crypto on the wrong network

Always verify the deposit/withdrawal network matches. This is the most common and costly mistake beginners make.

❌ Not enabling 2FA

Without two-factor authentication, your account is vulnerable to password breaches and phishing attacks.

❌ Trading with money you can't afford to lose

Crypto markets are volatile. Only invest what you're prepared to lose entirely.

❌ Jumping into futures/leverage trading

Master spot trading first. Leveraged products can amplify losses dramatically. See my Futures guide when you're ready.

❌ Trusting "guaranteed" profit promises

No one can guarantee trading profits. Be skeptical of anyone offering guaranteed returns — it's likely a scam.

Frequently Asked Questions

Is MEXC good for beginners?

MEXC offers a straightforward interface for spot trading and supports a wide range of cryptocurrencies. However, like any exchange, it has a learning curve. Start with spot trading before exploring futures or margin.

What are the minimum deposit and trade amounts on MEXC?

Minimum amounts vary by cryptocurrency and trading pair. Check the specific pair's trading rules page on MEXC for current minimums.

Does MEXC require KYC verification?

Basic trading may be available without KYC, but completing verification typically unlocks higher withdrawal limits, access to promotions, and futures trading. Requirements may vary by region.

How long do deposits take on MEXC?

Crypto deposits are usually credited after the required number of network confirmations, which varies by blockchain (e.g., Bitcoin ~30 min, Ethereum ~5 min, TRON ~1 min). Always check the deposit page for estimates.

Can I use MEXC on my phone?

Yes, MEXC has mobile apps for iOS and Android. Download them from the official MEXC website links to avoid counterfeit apps.

What trading fees does MEXC charge?

MEXC uses a maker-taker fee model. Standard rates vary and can be reduced through MX token holdings, VIP tiers, and partner codes. Check MEXC's official fee schedule for current rates.

Summary

Getting started on MEXC follows a clear path: create an account → complete KYC → secure with 2FA → deposit funds → make your first trade. Start small, stick to spot trading, and always prioritize security. Using partner code FAIRTRADE during registration may provide access to available promotions.

Remember: cryptocurrency trading involves risk. Never invest more than you can afford to lose. Always verify information on MEXC's official website.

FAIRTRADE

Try MEXC with code FAIRTRADE

Enter code FAIRTRADE during MEXC registration to access available promotions. Rewards depend on MEXC's current terms.

Register on MEXC →

Affiliate link – I may earn a commission at no extra cost to you

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