Institutional liquidity and turnkey trading infrastructure supporting over 1,500 instruments
KYC requiredSpot · Margin +2Futures & perpetualsBank transfer · Card
MEXC
Centralized exchange launched in 2018 with 0% spot maker fees and 1,400+ listed coins
3.4/ 5
Our score
Fair
Maker fee
0%
Taker fee
0.05%
Coins listed
1,438
Accepts US customers
No
Proof of reserves
Yes
What is MEXC?
MEXC is a centralized cryptocurrency exchange launched in 2018. It lists more than 1,400 coins and 1,800 trading pairs, with spot markets, perpetual futures and several products available under one account. The exchange says it serves more than 40 million users across over 170 countries and regions.
Company and leadership
MEXC is headquartered in Singapore and is led by CEO Vugar Usi. Its native token is MX. The exchange’s other products include RealStocks, a Pre-IPO Launchpad and Prediction Markets.
How the exchange works
MEXC holds customer assets in a custodial exchange account. Spot trading covers listed cryptocurrency pairs and includes Spot Grid, DCA, Copy Trading and Demo Trading tools. Perpetual futures offer contracts with leverage of up to 500x, while funding payments settle every eight hours and vary with the difference between the contract price and its spot index.
The platform supports activity connected with networks including Ethereum, Bitcoin, Solana, BSC, Tron, Arbitrum, Base, TON and Polygon. Its market range changes as assets and pairs are added or removed. RealStocks offers direct ownership of U.S. shares through licensed brokerage partners.
Fees and access
Standard spot trading fees are 0% for makers and 0.05% for takers. Standard futures fees are listed as 0% maker and 0.02% taker, while contract and regional rates can differ. MEXC has also promoted 0% maker and taker fees on selected spot markets and more than 100 futures pairs, subject to eligibility and expiry. Funding payments are separate from trading fees and can rise sharply on volatile or newly listed contracts.
MEXC is unavailable in the United States, Canada, Singapore and Mainland China, with additional regional limits. Account access and product availability can also vary by jurisdiction and eligibility.
Track record and risks
The exchange began operations in 2018 and reported more than 40 million users across over 170 countries and regions in August 2026. Its security framework includes a $100 million Guardian Fund, which MEXC says provides coverage for platform issues and has a publicly verifiable on-chain balance.
Customers take custody and counterparty risk when leaving assets on a centralized exchange. Futures leverage can magnify losses, while funding rates add costs beyond the trading fee. Rapid token listings can also bring thin liquidity and wider spreads. Regional restrictions may prevent access, and the Guardian Fund does not remove the risk of withdrawals being delayed or a platform becoming insolvent.
Best for:Broad token selectionHigh-risk futures tradersSpot grid and DCA usersMulti-product exchange users
Pros and cons
Pros
- 0% standard spot maker fee
- 0.05% standard spot taker fee
- More than 1,400 listed coins
- Perpetual futures with up to 500x leverage
- $100 million Guardian Fund
- Spot, futures and equity products under one account
Cons
- Unavailable in the United States, Canada and Singapore
- Custodial exchange exposure for deposited assets
- Leverage up to 500x increases liquidation risk
- Funding rates can reach 0.1% or higher on volatile contracts
- Regional and promotional fee terms can vary
- Rapid listings can bring thin liquidity on newer tokens
Our review
3.4/5
Fair
MEXC combines a large token selection with low stated trading fees, but its centralized custody, restricted jurisdictions and high-leverage futures add meaningful risk.
MEXC is a centralized exchange launched in 2018 and led by CEO Vugar Usi. It lists 1,438 coins across 1,832 pairs, alongside spot markets, perpetual futures, RealStocks, a Pre-IPO Launchpad and Prediction Markets. Its listings include newer or smaller tokens, whose markets can differ in liquidity and project quality.
Standard spot fees are 0% for makers and 0.05% for takers. Futures fees are stated as 0% maker with taker rates ranging from 0.02% to 0.04%, depending on the contract, region or promotion. Futures support leverage up to 500x. Funding settles every eight hours and can reach 0.1% or higher on fast-moving or newly listed tokens.
Access is a weakness for residents of the United States, Canada, Singapore and Mainland China, with further regional limits.
MEXC says its asset-security framework includes a $100 million Guardian Fund, with the balance verifiable on-chain. Users still place assets with a centralized custodian.
- Strengths: 1,438 listed coins, low stated spot fees and a broad derivatives set.
- Weaknesses: restricted availability and centralized custody.
MEXC suits traders who need access to a wide token list or low-cost perpetuals in an eligible jurisdiction.
Sources (3)
Specs
| Markets | Spot, Futures, Margin, Copy trading, P2P · unverified |
|---|---|
| Maker fee | 0% · unverified |
| Taker fee | 0.05% · unverified |
| Coins listed | 1,438 · unverified |
| Accepts US customers | No · unverified |
| Proof of reserves | Yes · unverified |
| Security features | $100M Guardian Fund, On-chain fund verification · unverified |
| Futures & perpetuals | Yes · unverified |
| Max leverage (x) | 500 · unverified |
| Copy trading | Yes · unverified |
| User protection fund | Yes · unverified |
Not disclosed by the provider: Fiat deposit methods, KYC required, Staking / earn, Mobile app, Licenses & registrations, P2P market, Earn / savings products, Referral program.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Spot markets
MEXC lists more than 1,400 coins and 1,800 trading pairs, with standard spot fees of 0% maker and 0.05% taker.
Perpetual futures
Perpetual contracts support leverage of up to 500x. Funding payments settle every eight hours and vary with the spot-price gap.
Trading tools
Spot markets include Grid, DCA, Copy Trading and Demo Trading tools for different execution approaches.
RealStocks
RealStocks offers direct ownership of U.S. shares through licensed brokerage partners under the MEXC account.
Launchpad access
The Pre-IPO Launchpad provides access to pre-IPO offerings from within the exchange account.
Prediction Markets
Prediction Markets are available as a separate product under the same MEXC account.
Multichain support
The platform connects with networks including Ethereum, Bitcoin, Solana, BSC, Tron, Arbitrum, Base and TON.
Inside MEXC
Spot trading
Spot trading provides cryptocurrency markets with tools including Spot Grid, DCA, Copy Trading and Demo Trading.
Perpetual futures
Perpetual futures provide leveraged contracts with leverage up to 500x. Funding payments settle every eight hours and vary with the gap between the contract price and spot index.
RealStocks
RealStocks offers U.S. equity exposure through licensed brokerage partners and describes the product as direct ownership of U.S. shares.
Pre-IPO Launchpad
The Pre-IPO Launchpad provides access to pre-IPO offerings under the MEXC account.
Prediction Markets
Prediction Markets are available under the MEXC account as a separate product line.
MX token
MX is MEXC's native token.
What users say about MEXC
Complaints outweigh specific praise, with repeated reports of frozen or delayed withdrawals and slow support. A smaller number of users describe successful, prompt withdrawals, while regional access and interface concerns also appear.
In their own words
“nahh, i’ve been using them for three years now and mostly keep a balance there of over $50K. Never had any problem. I often withdraw 20/30k on a single transaction and it just goes through right away. I’ve never had to contact support.”
“yes after I submited everything they let me withdraw all the funds I had”
“Im sorry yo hear youre also experiencing this. Its so frustrating, ive submitted many support tickets and still nothing.”
“why did they destroy copytrading? basically all AI, hard to organise who to follow, hard to find professtional traders anymore, looks like a total mess from a web design layout perspective does anyone still use it?”
“No replies? Nobody bothered by the different colour to the rest of the site? Even the icons are bad.”
Scam warning: Users warn about fake support accounts, unsolicited Telegram contacts, and unofficial links that can be used to steal funds.
Based on 200 Reddit posts and comments from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used MEXC? Share your experience below.
FAQ
Who founded MEXC?
MEXC was founded as a centralized cryptocurrency exchange in 2018 and is led by CEO Vugar Usi.
What are MEXC's trading fees?
Standard spot fees are 0% maker and 0.05% taker. Standard futures fees are 0% maker, with taker rates stated at 0.02% to 0.04% depending on the contract, region and promotion.
Is MEXC available in the United States?
MEXC is unavailable in the United States, Canada, Singapore and Mainland China. Additional regional service limits apply.
Is MEXC safe?
MEXC is a centralized custodian and says its security framework includes a $100 million Guardian Fund with an on-chain verifiable balance. Perpetual futures can use up to 500x leverage, adding liquidation risk to the custody risk.
How many coins and trading pairs does MEXC support?
MEXC lists 1,438 coins across 1,832 trading pairs. Its listed products include spot trading, perpetual futures, RealStocks, a Pre-IPO Launchpad and Prediction Markets.
Does MEXC have its own token?
MEXC has a native token called MX.
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