The world of cryptocurrency is changing fast. Exchanges like MEaXC are becoming more popular as places where users can exchange cryptocurrencies. They offer many choices and have low fees.
As digital money changes the market, investors need to know where they can trade. This article looks at MEXC’s availability in the U.S. It also covers its main features. Lastly, it shares what U.S. investors should think about before using this exchange.
MEXC is an important part of the global crypto exchange market, recognized as one of the best exchanges. It serves more than 10 million users. These users are from over 170 countries.
MEXC offers a wide range of cryptocurrencies. It also has new and useful trading features. Many American investors want to know if they can use this platform. This is especially true due to the tricky rules about crypto trading in the US.
US investors who want to diversify their crypto holdings need to know about MEXC’s important details, limits, and chances.
This review looks at MEXC’s features. It also covers its availability in the US. You will learn about account setup, trading choices, fees, and safety steps. This gives a full view of the exchange.
Key Features of MEXC
MEXC stands out among top cryptocurrency exchange for many reasons. It has key features that attract traders from all over the world.
The platform offers more than 2,960 different cryptocurrencies. It also provides 2,729 trading pairs.
This makes it one of the best choices for asset selection. Users can find well-known coins, new altcoins, and meme coins on MEXC.
A big draw of the MEXC exchange is its low fees. The platform has no trading fees on some spot pairs.
It also has no maker fees for futures fees. Taker fees can be as low as 0.01% for futures. This makes MEXC a great choice for saving money in the market.
The exchange provides various trading options, including spot trading, futures trading with up to 200x leverage, and margin tradinG. Additional features that enhance the user experience include:
- Copy trading functionality allowing users to replicate strategies of successful traderS.
- Demo trading accounts with up to $50,000 USDT in virtual funds, providing options for individuals who may consult a financial advisor.
- Support for over 25 fiat currencies for deposits.
- Savings accounts offering yields up to 25% APR on select cryptocurrencies.
- Advanced trading tools integrated with TradingView.
These essential features make MEXC appealing to both novice and active traders seeking a comprehensive cryptocurrency exchange platform with robust security features and low fees.
Is MEXC Available in the US?
MEXC is not officially available in the United States. The cryptocurrency exchange restricts users from the US due to regulatory constraints and compliance concerns. When users attempt to access MEXC from a US IP address, they typically encounter blocks or notifications indicating that services are not available in their location.
Why is MEXC Exchange not available in the US?
The primary reason MEXC is unavailable in the United States relates to regulatory restrictions. The US has some of the strictest regulations for cryptocurrency exchanges, requiring platforms to:
- Comply with Anti-Money Laundering (AML) laws
- Conduct thorough Know Your Customer (KYC) procedures
- Obtain appropriate licenses to operate within the US.
MEXC has chosen not to pursue full compliance with these requirements, likely due to the substantial regulatory burden and costs associated with operating in the US market. Instead of navigating the complex regulatory landscape, MEXC has opted to restrict access to US-based users entirely.
The exchange discontinued its services for US customers as part of its compliance strategy, focusing instead on markets where regulatory requirements align better with its business model.
Countries With Restrictions on MEXC Usage
Since MEXC restricts access at the national level, all states within the United States face restrictions on MEXC usage. There are no exceptions for specific states or territories within the US.. The restriction applies uniformly across all US jurisdictions, including all 50 states and territories.
It’s worth noting that MEXC also restricts services in several other countries and regions beyond the United States, including:
- Canada
- United Kingdom
- Mainland China
- Hong Kong
- Singapore
- North Korea
- Cuba
- Sudan
- Syria
- Iran
- Russian-controlled regions of Ukraine (including Crimea)
How to Access MEXC in the US[2025]?
Some US residents attempt to access MEXC despite the restrictions. While we don’t endorse or recommend circumventing regulatory restrictions, it’s important to note the methods some users employ and their associated risks.
Some US-based users attempt to access MEXC by:
- Using a VPN to mask their IP address and appear as if they’re connecting from a supported country.
- Applying for a Palau ID to complete KYC verification on the platform.
It’s important to understand that these approaches carry significant risks, including:
- Potential account freezing
- Possible loss of deposited funds
- Account termination
- Violation of MEXC’s terms of service.
Instead of attempting to circumvent restrictions, US investors might consider legitimate alternative cryptocurrency exchanges that are properly licensed to operate in the United States, such as Kraken, Coinbase, or Gemini.
How to Create Your MEXC Account?
For eligible users outside restricted regions, creating an MEXC account involves several steps.
This section outlines the general process, though US residents should note these services are not officially available to them.
What You Need to Get Started?
Before creating an MEXC account, you should prepare:
- A valid email address or mobile phone number
- A strong password (at least 10 characters with uppercase letters, lowercase letters, numbers, and special symbols)
- Personal information for KYC verification if you plan to access all features
- Identity documents if you intend to complete verification
Step 1: Creating Your MEXC Account
The MEXC account creation process is straightforward:
- Visit the MEXC homepage (www.mexc.com) & Click on “Sign Up“
- Enter your email address or mobile number
- Complete the puzzle verification
- Create a strong password
- Enter a referral code (optional)
- Agree to the User Agreement and Privacy Policy
- Verify your email or phone number with the code sent
Alternatively, users can sign up using third-party accounts like Google, Apple, MetaMask wallet, or Telegram.
Step 2: Verifying Your Identity (KYC Process)
MEXC offers different KYC verification levels that affect withdrawal limits and access to features:
Primary KYC:
- Requires basic personal information
- Provides an 80 BTC daily withdrawal limit
- Accessed via the “Identification” section in account settings
Advanced KYC:
- Requires basic verification information plus facial recognition
- Increases daily withdrawal limit to 200 BTC
- Offers access to additional features
To complete KYC verification:
- Log in to your MEXC account
- Go to the “Identification” section
- Select “Verify” under the desired KYC level
- Choose your country/region and document type
- Upload clear photos of your identification documents
- Submit for review
Step 3: Funding Your Account
After account creation and verification, you can fund your MEXC account through several methods:
- Cryptocurrency deposits:
- Select “Deposit” from the top navigation
- Choose the cryptocurrency you wish to deposit
- Select the appropriate network
- Copy the deposit address and (if required) memo/tag
- Complete the transaction from your external wallet
- Fiat deposits:
- MEXC supports over 25 fiat currencies
- Deposit methods include credit/debit cards, bank transfers, and third-party payment platforms
- Note that fiat deposits have a limit of 100,000 USDT
Step 4: Making Your First Trade
Once your account is funded, you can begin trading:
- Navigate to the trading section
- Select the trading pair you wish to trade
- Choose between market orders (immediate execution at current price) or limit orders (execution at a specified price)
- Enter the amount you wish to trade
- Review the transaction details
- Confirm and execute your trade
The MEXC platform offers a customizable interface with TradingView charts and various indicators to help inform your trading decisions
Understanding Trading Options on MEXC
MEXC provides multiple trading options to suit different investment strategies and risk appetites.
Spot Trading Explained
Spot trading on MEXC allows users to buy and sell cryptocurrencies at current market prices. Key features of MEXC spot trading include:
- Access to over 2,900 cryptocurrencies and numerous trading pairs
- Zero trading fees on 11 popular spot pairs
- A user-friendly interface with customizable charts and indicators
- Market, limit, and stop-limit order types
- Real-time order books and market depth information
Spot trading is suitable for beginners and those looking to acquire cryptocurrencies for long-term holding or short-term trading without leverage.
Futures Trading on MEXC
MEXC offers robust futures trading options for more advanced traders:
- Up to 200x leverage for increased position sizes
- Coin-Margined (Coin-M) and USDT-margined (USDT-M) futures
- Cross and isolated margin modes
- Zero maker fees and 0.01% taker fees
- Advanced order types including trigger-limit orders
- TradingView integration for technical analysis
Futures trading allows traders to speculate on price movements with leverage, potentially amplifying both profits and losses. MEXC’s futures platform includes risk management tools like stop-loss and take-profit settings to help manage trading risks.
Other Trading Services and Features
Beyond standard spot and futures trading, MEXC offers several additional trading services:
- Copy Trading: Follow and automatically replicate the trades of successful traders on the platform13
- Demo Trading: Practice trading strategies with virtual funds in a risk-free environment13
- Savings Accounts: Earn yields on held cryptocurrencies through flexible or locked savings options13
- P2P Trading: Trade directly with other users using various payment methods13
- Flash Trading: Quickly open positions at current market prices directly from the K-line chart5
These additional features enhance the trading experience and provide multiple ways for users to engage with cryptocurrency markets.
Fee Structure on MEXC
MEXC offers one of the most competitive fee structures among cryptocurrency exchanges, which contributes to its popularity despite regional restrictions.
Spot Trading Fees:
- Maker fee: 0% (previously 0.1%)
- Taker fee: 0% (previously 0.1%)
Futures Trading Fees:
- Maker fee: 0% (previously 0.01%)
- Taker fee: 0.01% (previously 0.05%)
- Additional 10% discount available through MX token deduction
Withdrawal Fees:
- Cryptocurrency withdrawals: Fees vary by asset and are calculated dynamically based on network conditions
- Withdrawal limits: Up to 200 BTC daily for verified accounts
Deposit Fees:
- Cryptocurrency deposits: Free
- Fiat deposits: Free, though third-party payment processors may charge fees
This fee structure makes MEXC particularly attractive for high-volume traders and those seeking to minimize trading costs. The elimination of maker fees for both spot and futures trading positions MEXC as one of the most cost-effective exchanges in the market.
Security Measures on MEXC
MEXC focuses on security through its extensive expert network. It uses strict KYC checks to keep personal data safe. This also helps meet rules. Most assets are stored in cold storage for extra safety. Multi-factor authentication adds another layer of protection. Withdrawal fee controls improve user experience. These features help users manage their assets safely, whether they are new or experienced traders.
How MEXC Protects Your Data and Assets?
MEXC implements several security measures to protect user data and assets:
- Multi-factor authentication (MFA) options
- Anti-phishing code protection
- Regular security audits
- Cold storage for the majority of user funds
- Risk management systems to detect unusual account activity
- Advanced encryption for personal information protection
The exchange also offers account freeze functionality, allowing users to quickly secure their accounts if they suspect unauthorized access.
Tips For Secure Trading on MEXC
For those using MEXC outside restricted regions, implementing these security practices can enhance account protection:
- Enable multi-factor authentication
- Use a unique, strong password
- Set up an anti-phishing code
- Regularly monitor account activity
- Use cold wallets for long-term storage of significant holdings
- Be cautious of phishing attempts via email or social media
- Only access MEXC through official channels
- Complete appropriate KYC verification levels
These security measures help mitigate risks when trading on any cryptocurrency exchange, including MEXC.
Support and Resources for Users
Customer Support Options
MEXC provides several support channels for users:
- 24/7 customer service support
- Help center with comprehensive guides
- Self-service options for common account issues
- Support ticket system for specific problems
- Regular updates through official announcements section
Users can access these support resources through the MEXC homepage or app.
Educational Resources Available
MEXC offers various educational resources to help users understand trading concepts and platform features:
- Beginner’s guides covering basic concepts
- Detailed tutorials on using platform features
- FAQ sections addressing common questions
- Articles explaining cryptocurrency fundamentals
- Trading guides for spot and futures markets
These resources help both new and experienced traders maximize their use of the MEXC platform.
Comparing MEXC With Other Exchanges
Advantages of Using MEXC Over Others
When compared to other cryptocurrency exchanges, MEXC offers several potential advantages:
- Extensive selection of cryptocurrencies (3,000+), including newer coins that may not be available on other exchanges
- Zero maker fees for spot and futures trading
- High leverage options (up to 200x) for futures trading
- Copy trading functionality similar to eToro but with lower fees
- Support for numerous fiat currencies
- Regular token airdrops and promotional events
- High liquidity for most trading pairs
These features make MEXC attractive for traders seeking access to a wide range of assets with minimal trading costs.
Potential Drawbacks to Consider
Despite its advantages, MEXC has several limitations to consider:
- Not available in major markets including the United States, Canada, and the United Kingdom
- Limited regulatory oversight compared to some competitors
- No fiat withdrawal options (crypto withdrawals only)
- Potential accessibility issues due to regulatory changes
- Complex interface that might challenge beginners
- No built-in tax reporting tools
- Limited customer support options compared to larger exchanges
These drawbacks, particularly the regional restrictions, significantly limit MEXC’s potential user base in major markets.
Comparison of MEXC With Binance
1. Fees
- MEXC: 0% spot/futures maker fees, 0.01-0.02% taker fees. Zero-fee trading pairs available.
- Binance: 0.1% spot fees, 0.02-0.04% futures fees. BNB holders get 25% discount.
2. Asset Selection
- MEXC: 3,000+ cryptocurrencies, 2,700+ pairs. Early listings of altcoins/meme coins.
- Binance: 390+ cryptos, 1,300+ pairs. Focus on established assets.
3. Leverage & Trading
- MEXC: 300x futures leverage. Simplified interface with copy trading.
- Binance: 150x leverage. Advanced tools (options, OTC) for professionals.
4. Security
- MEXC: No major hacks. Cold storage + 2FA. Limited regulatory licenses.
- Binance: SAFU fund ($10B). Licensed in 15+ jurisdictions. Past regulatory fines.
5. Accessibility
- MEXC: Blocks US/UK/CA users. No fiat withdrawals.
- Binance: Available in 190+ countries. Supports 60+ fiat currencies.
6. Referral Programs
- MEXC: 40-50% commissions for 3 years. No minimum balance requirements.
- Binance: 20-40% commissions for 1 year. Requires 500+ BNB for top rates.
7. Liquidity
- MEXC: Top 10 exchange by volume ($36B daily).
- Binance: Market leader ($160B daily volume).
8. Unique Features
- MEXC: Zero-fee spot trading, 200x leverage futures, token airdrops.
- Binance: Tax reporting tools, crypto debit cards, institutional services.
Verdict : MEXC suits altcoin traders wanting low fees. Binance better for compliance-focused users needing fiat services.
Best Crypto Exchanges in US
| Exchange | Cryptocurrencies Available | Fees (Spot Trading) | Payment Methods | Key Features | KYC Required | Best For |
|---|---|---|---|---|---|---|
| Coinbase | 235 | 0%–3.99% (0.60% taker, 0.40% maker typical) | Bank, Card, PayPal | User-friendly, strong compliance, staking, Coinbase Card | Yes | Beginners, Security |
| Kraken | 350+ | 0%–0.4% | Bank, Card, PayPal | High liquidity, pro tools, deep order books | Yes | High liquidity/traders |
| Binance.US | 158 | 0%–0.6% (0%–0.01% BTC/ETH pairs) | Bank, Card | Low fees, wide selection, staking, deep liquidity | Yes | Low fees, Variety |
| Gemini | 73 | 0.5%–3.49% | Bank, Card | NY-regulated, insured custody, high security | Yes | Compliance, Security |
| Crypto.com | 313 | 0%–2.99% | Bank, Card, Crypto.com Pay | Mobile app, rewards, NFT marketplace | Yes | Mobile users, Rewards |
| Bitstamp | 82 | 0%–0.5% | Bank, Card | Oldest, robust security, US/EU compliant | Yes | Long-term investors |
| bitFlyer USA | 11 | 0.03%–0.1% | Bank | Simple, low fees, high security | Yes | Simplicity, Low fees |
| eToro | 85 | 1%–2% | Bank, Card, PayPal | Social trading, copy trading | Yes | Social/copy trading |
| Robinhood | 25 | No fees | Bank, Card | Zero-commission, mobile-first, wallet | Yes | Zero-fee trading |
Conclusion
MEXC offers an impressive array of trading options, competitive fees, and extensive cryptocurrency selection that makes it appealing to many traders globally.
However, its unavailability in the United States due to regulatory restrictions means American investors cannot legally access the platform.
While some US-based users attempt to circumvent these restrictions using VPNs or alternative identification documents, these approaches carry significant risks and potential consequences, including business intricacies such as account termination and loss of funds. US investors are better served by focusing on properly licensed exchanges that operate within regulatory frameworks.
For eligible users outside restricted regions, MEXC provides a robust trading platform with numerous features, including spot and futures trading, copy trading, and savings options. Its zero-fee structure for makers and minimal taker fees position it as one of the most cost-effective KYC crypto exchanges on the market.
As cryptocurrency regulations continue to evolve globally, investors should stay informed about regional restrictions and choose exchanges that comply with their local regulations to ensure safe and legal trading experiences.
FAQs
Can I Use MEXC Without KYC in the US?
No, MEXC is not available to US residents, with or without KYC verification. The platform restricts access based on IP address location, and attempting to circumvent these restrictions violates their terms of service.
What Cryptocurrencies Can I Trade on MEXC?
MEXC offers trading for over 3,000 cryptocurrencies and 2,700+ trading pairs, including Bitcoin, Ethereum, and numerous altcoins and meme coins. This extensive selection makes it one of the most comprehensive exchanges for cryptocurrency variety.
What is MEXC spot trading?
MEXC spot trading allows users to buy and sell cryptocurrencies at current market prices. The platform offers zero fees for both maker and taker orders on spot trading, allowing users to easily take advantage of MEXC’s highly competitive trading environment compared to other exchanges.
Is MEXC a trusted exchange?
MEXC has over 10 million users in more than 170 countries. It uses many security steps to protect assets. However, it has less regulatory control than licensed exchanges in big markets like the US and EU. This can worry investors who want safety from rules. MEXC is open to US users. Still, potential traders should think about the risks of weaker rules on security, compliance, and help for customers. Doing good research is very important before using MEXC.
What country is MEXC from?
MEXC, based in Seychelles, has a global presence and serves users worldwide. It holds an Estonian MTR License for regulatory compliance but faces restrictions in several countries, including the US, UK, Canada, and mainland China. In the US, MEXC is unavailable due to regulatory challenges, preventing potential users from accessing its trading services.
How to Resolve Issues with Account Access on MEXC?
Eligible users who have trouble accessing their accounts can use self-service tools in MEXC’s Help Center. These tools help with account management. Users can reset their forgotten passwords. They can also change or unlink mobile numbers easily. Google Authentication can be unlinked for added safety. Users may update their email addresses to improve recovery options. If any strange activity is found, accounts can be frozen. This helps protect assets and personal information. MEXC cares about user safety and ease of use. This allows users to fix access problems on their own.