MEXC is a fast-growing cryptocurrency exchange founded in 2018, known for an enormous altcoin selection, very low fees, and quick listings of new tokens. It is a popular venue for active altcoin traders who prioritise cost and breadth over heavy regulation.
Quick Facts
| Item | Detail |
|---|---|
| Founded | 2018 |
| Headquarters | Global (operates internationally) |
| Assets listed | 2,000+ cryptocurrencies |
| Availability | Many countries — not available in the US |
| Best for | Low-cost altcoin trading |
Trading Fees
MEXC’s fees are among the lowest in the industry, and it frequently runs zero-fee promotions on spot trading. Derivatives fees are also very competitive.
| Market | Maker | Taker |
|---|---|---|
| Spot | 0% – 0.05% | ~0.05% |
| Derivatives | ~0.01% | ~0.04% |
Security and Regulation
MEXC keeps the majority of customer funds in cold storage and publishes proof-of-reserves data. Regulation is light compared with US-based exchanges. Because MEXC lists thousands of tokens, including many small and speculative ones, users should treat obscure listings with caution and consider self-custody for long-term holdings.
Key Features
- Massive altcoin range — one of the largest token selections anywhere.
- Ultra-low fees — frequent zero-fee spot promotions.
- Fast listings — new tokens often appear here first.
- Derivatives and copy trading — broad perpetual markets.
Pros and Cons
Pros
- Enormous altcoin selection
- Among the lowest fees in crypto
- Fast new-token listings
- Good for active altcoin traders
Cons
- Not available in the United States
- Light regulation
- Listing quality varies widely
- Customer support has drawn criticism
Verdict
MEXC is a compelling choice for cost-conscious altcoin traders who want breadth and low fees. It is not suited to beginners or to users who need a regulated, US-based platform.
The Currency Analytics rating: 3.9 / 5
The Currency Analytics maintains editorial independence. Ratings reflect our own assessment. This article is informational and not financial advice.