CryptoRanks

MEXC CEX Rank #14

$2.89B Volume 24h
2,060 Markets
1,670 Coins

MEXC is a global centralized cryptocurrency exchange (a company-run platform where you buy, sell, and trade crypto using your account, rather than a peer-to-peer protocol). It is widely known for listing a very large number of tokens, including many newer and smaller coins that bigger exchanges do not carry. It offers both simple spot trading and more advanced products like futures.

What is MEXC?

MEXC is one of the larger international crypto exchanges by number of supported assets. A centralized exchange (CEX) means MEXC holds your funds in accounts it controls and matches buyers with sellers on its own order books. This makes trading fast and beginner-friendly, but it also means you are trusting the company with custody of your coins. MEXC is popular with traders who want early access to newly launched tokens and altcoins (alternative coins other than Bitcoin).

What can you do on MEXC?

MEXC covers most of what an active crypto trader needs in one place. Common features include:

  • Spot trading — buy and sell crypto at the current market price.
  • Futures trading — trade contracts with leverage (borrowed funds that amplify both gains and losses; high risk for beginners).
  • A very wide token selection — including many small-cap and newly listed coins.
  • Buy crypto with a card or bank/third-party payment — useful for getting started.
  • Earn and staking-style products — ways to earn yield on idle assets (returns and risks vary).
  • Mobile app and web platform — trade from desktop or phone.

MEXC fees and costs

Like most exchanges, MEXC charges trading fees on spot and futures trades, and these can differ between the two. It has historically marketed low or promotional fees on certain markets, but the exact rates change over time and by product. You may also pay network (withdrawal) fees when moving crypto off the platform, which depend on the blockchain you use, not on MEXC. Because fee schedules are updated regularly, always confirm the current rates on the official MEXC site before trading.

Is MEXC safe?

MEXC is an established, widely used exchange, but as with any centralized platform, safety has two sides. The company provides security tools such as two-factor authentication (2FA) and anti-phishing settings, and you should enable them. However, the general rule still applies: "not your keys, not your coins" — while your crypto sits on any exchange, you are trusting that company to keep it secure and accessible. Availability of MEXC and its features can also vary by country due to local regulations. For larger holdings, many users move funds to a personal self-custody wallet. Always double-check you are on the genuine MEXC URL, since scammers create fake lookalike sites.

Who is MEXC for?

MEXC suits active traders and people hunting for newly listed or hard-to-find altcoins. The huge token list is its standout strength, and the futures products appeal to experienced traders. Complete beginners can use it for simple spot buying, but should ignore leverage until they understand the risks. This is general information, not financial advice — always do your own research and only invest what you can afford to lose.

Is MEXC a centralized exchange?

Yes. MEXC is a centralized exchange (CEX), meaning it holds your funds and runs its own order books, rather than being a decentralized, on-chain protocol.

How do you use MEXC?

You create an account, complete any required identity verification, deposit crypto or buy with a supported payment method, and then trade on the spot or futures markets. Beginners should start with small spot trades.

Why does MEXC list so many coins?

MEXC focuses on listing a wide range of tokens, including early and small projects. This gives more choice, but newer tokens can be far more volatile and risky, so research each project carefully.