CMBRegulated
Turkey Virtual Asset Service Provider (VASP)
MEXC
Regulated in Turkey
Virtual Asset Service Provider (VASP)
Global Business
Basic Information
Country/RegionUnited Kingdom
Exchange AbbreviationMEXC
Company NameMEXC
Operating Period5-10 years
Websitehttps://www.mexc.com/
Exchange TypeCentralized Exchange
RiskNotice
5 risk alerts
- License No.
- Unreleased
- Regulatory Jurisdiction
- Turkey
- Licensed Entity
- Mexc Kripto Varlık Alım Satım Platformu AŞ
- Effective Date
- --
- Sharing Status
- No
Asset Reserves
Exchanges with reserves exceeding 89.99%
7 /100
$4,970,000,000
USDT$1.90B
Capital flows
Exchanges with 24H outflows exceeding 79.99%
11 /100
-$9,090,754.29
0.18% StableTrading Volume
Exchanges with 24H trading volume exceeding 91.09%
30 /100
$883,530,000
3.61% Official Token
MX
MX Token
$1.63
0.59%
24H Vol
$2,727,836.48
Market Cap
$149,342,764.36
Issue Time
2019-09-24
Crowdfunding Price
$0.19
Circulation (pieces)
91,837,334.00
return on investment
+750.94%
Recently destroyed (pieces)
--
Total destroyed (pieces)
--
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| BTC/USDT | $63,181.81 | 0.24% | $350,629,333.33 | $2.03M/$1.10M | 875 |
| ETH/USDT | $1,878.76 | 0.28% | $152,663,665.4 | $2.09M/$2.03M | 809 |
| USDC/USDT | $0.99981561 | 0.00% | $47,026,759.33 | $64.86M/$20.29M | 970 |
| SOL/USDT | $75.79 | 0.07% | $25,865,445.93 | $2.56M/$2.51M | 703 |
| XRP/USDT | $1.00 | 0.33% | $12,516,071.85 | $2.23M/$1.96M | 700 |
| BNB/USDT | $607.84 | 0.25% | $8,539,618.32 | $1.23M/$1.19M | 633 |
| ANTFUN/USDT | $0.042415 | 0.79% | $7,162,576.49 | $6.77K/$2.97K | 359 |
| DOGE/USDT | $0.06985424 | 1.16% | $6,138,630.77 | $2.34M/$2.27M | 690 |
| TRX/USDT | $0.33303879 | 0.80% | $5,683,031.4 | $3.33M/$2.41M | 675 |
| DOS/USDT | $0.2837023 | 14.29% | $5,414,851.01 | $27.91K/$20.78K | 433 |
Exchange Overview
Exchange Overview
What Is MEXC?
MEXC is a global cryptocurrency exchange that positions itself as Your Easiest Way to Crypto. Established in 2018, MEXC is known for its user-friendly interface, deep liquidity, and wide variety of crypto assets. With over 40 million users in 170+ countries and regions, MEXC offers a secure and streamlined platform where users can trade 3,000+ cryptocurrencies, access trending tokens early, enjoy daily airdrops, and benefit from extremely low fees.
MEXC provides advanced trading infrastructure, industry-leading order execution, and strong product diversity including spot, futures, margin trading, ETF products, staking, and launchpads.
MEXC enforces rigorous safeguards, including bi-monthly Proof of Reserves updates demonstrating reserve ratios exceeding 100% across all major cryptocurrencies. The exchange has provided over $526 million through its Insurance Fund Account to cover deficits that occur when users' losses during liquidation exceed their available margin.
MEXC drives industry growth via a $300 million Ecosystem Development Fund and the IgniteX initiative—a $30 million CSR program dedicated to nurturing Web3 talent. Community-focused efforts such as Bitcoin Pizza Day celebrations and educational initiatives reinforce its commitment to global blockchain adoption.
Who Are the Founders of MEXC?
MEXC was founded by a team of early blockchain believers with backgrounds in finance, tech, and cybersecurity. The founding team envisioned a trading platform that could combine security, speed, and simplicity. While MEXC has maintained a low public profile in terms of founder identity, the exchange is currently led by a global team of over 2,000 employees across 40+ countries, including experts in engineering, compliance, marketing, and operations.
When Did MEXC Launch?
MEXC was launched in 2018. Since its inception, it has rapidly scaled its infrastructure, user base, and compliance framework, becoming one of the most recognized and trusted crypto exchanges worldwide.
Where Is MEXC Located?
MEXC operates globally with regional offices in multiple jurisdictions. The company is registered and regulated in several jurisdictions and works with local partners to ensure its products align with regulatory frameworks.
MEXC Restricted Countries
MEXC aims to serve users globally but restricts or limits access in jurisdictions where cryptocurrency trading is prohibited by law or regulation. These restricted jurisdictions include sanctioned countries such as Iran, Cuba, Syria, and North Korea, as well as other regions where crypto trading is not permitted, including Mainland China, Singapore, and the United States.
What Coins Are Supported on MEXC?
MEXC supports 3,000+ cryptocurrencies, making it one of the most diverse platforms in the industry. These include top assets like BTC, ETH, XRP, SOL, BNB, TON, ENA, APT, and TRUMP as well as early listings of trending memecoins, DeFi tokens, Layer 2 assets, AI, and GameFi projects. MEXC is widely recognized for being among the first exchanges to list emerging tokens, giving users a competitive edge.
How Much Are MEXC Fees?
MEXC offers extremely low fees compared to industry averages. The standard trading fees are:
Spot trading: 0% maker fee and 0.05% taker fee (often reduced during campaigns or with fee credits)
Futures trading: 0.00% maker fee and 0.01% taker fee (may vary by region)
In addition, MEXC offers:
Zero-fee promotions on selected pairs
Discounted rates for high-volume, MX token holders, or VIP users
Note: Fees are subject to change and may vary based on promotional campaigns, trading volume, or user level. Withdrawal fees and trading fees also vary depending on the asset and network conditions.
Is It Possible To Use Leverage or Margin Trading on MEXC?
Yes. MEXC offers robust leverage and margin trading services:
Futures trading: up to 500x leverage on selected perpetual contracts
Margin trading: up to 10x leverage on supported spot pairs
ETF products: Leveraged tokens (e.g., 3x Long/Short) for users who want exposure without direct borrowing.
Business Region
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News
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After BitMart announced its orderly shutdown on July 26, an increasing number of users have reported issues in recent days, including withdrawal difficulties, delayed withdrawals, abnormal account balances, and unresponsive customer support. On July 30, affected BitMart users with significant asset exposure established a joint communication group and completed an initial registration process. According to the preliminary records, 27 users reported being unable to withdraw their funds normally, with total affected assets reaching approximately 3,704,214 USDT. The largest reported individual asset amount reached 700,000 USDT, while several other users reported account balances ranging from 100,000 USDT to 600,000 USDT. Screenshots from the original accounts of just seven users showed a combined balance of 1,692,203.67 USDT. Screenshot of BitMart Users Unable to Withdraw Funds (Source: @MINGLIbtc) Centralized exchanges (CEXs) play a critical role in custodying user assets, facilitating trades, and providing withdrawal services. However, over the past few years, the crypto industry has witnessed multiple exchange risk events. From the collapse of major exchanges to withdrawal difficulties faced by smaller platforms, ordinary users are often the ones who suffer the greatest impact in the end. When such incidents continue to occur, how can users better protect their asset rights and interests？BitMart Shutdown: $3.7 Million in User Assets
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