Mexc.com First Bonus
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Are you new to the world of cryptocurrency trading? Looking for a reliable and user-friendly platform to kickstart your trading journey? Well, look no further! In this guide, we will introduce you to MEXC.com, a centralized cryptocurrency exchange that has been making waves since its establishment in 2018.
What is MEXC?
MEXC is a leading cryptocurrency trading platform that supports over 1100 trading instruments. Whether you are interested in spot trading, futures contracts, or ETFs, MEXC has got you covered. With a wide range of options to choose from, MEXC ensures that you can explore various investment opportunities in the crypto market.
Key Information:
- Name: MEXC Global Ltd.
- Year Founded: 2017/18
- Headquarters: Seychelles/Singapore
- KYC Verification: Yes
- Fiat Accounts: Yes
- Mobile App: Yes, available on Android and iOS
- Leveraged Trading: Yes
- Number of Trading Instruments: Over 1500
MEXC Exchange Offerings
MEXC Exchange offers a diverse range of trading options to cater to the needs of different traders. Let’s take a look at some of the offerings:
- Spot Trading: Trade popular cryptocurrencies like BTC and ETH, as well as stablecoins and many niche altcoins.
- ETF Trading with Leverage: Amplify your trading potential by engaging in leveraged ETF trading.
- P2P Trading: Exchange assets directly with other market participants on MEXC’s peer-to-peer trading platform.
- Perpetual Futures Contracts: Engage in futures trading and take advantage of price movements with perpetual futures contracts.
- Staking: Stake various cryptocurrencies, including ETH 2.0, and earn rewards.
- Copy Trading: Automate your trading strategy by copying the moves of successful traders on MEXC.
- Launchpad: Get early access to tokens representing fresh projects soon after their launch.
MEXC trading platform offers two versions: basic and advanced. The basic version is perfect for quick trading, providing order history and charts. On the other hand, the advanced version offers more analytical information to support traders utilizing technical analysis.
MEXC Fees
When it comes to fees, MEXC ensures that your trading costs remain reasonable. Here are some details about the fees:
- Spot Trading Fees: The spot trading fees are relatively low and usually do not exceed 0.2%. Plus, if you use the native MX exchange token, you can enjoy a 20% discount.
- Futures Trading Fees: For futures trading, the fees are 0.02% for maker transactions and 0.06% for taker transactions. As you trade more, the fees are further reduced.
MEXC Security
At MEXC Global, your security is a top priority. The exchange is legal and regulated, holding licenses in Australia, Switzerland, and the USA. To ensure user protection, the majority of funds are held in cold wallets. Additionally, the platform employs various technological solutions, such as Anti-phishing codes and two-factor authentication using Google Authenticator. KYC verification and strict adherence to AML policies further enhance the security measures implemented by MEXC.
How to Register an Account on MEXC?
Ready to start your trading journey on MEXC? The registration process is a breeze! Here’s how you can create your account:
- Go to the official MEXC website at www.mexc.com and click “Sign up” in the top right corner.
- Choose whether you want to register using a phone number or an email address.
- Create a strong login password consisting of numbers and letters.
- If you have been invited to trade on the platform, request an invitation code from the person who sent the invitation.
- Read and accept the terms and agreement.
- Finally, click “Register” and a success message will be displayed.
Please note that KYC verification may be required in the next step. The verification process ensures the security of your account and the platform as a whole.
How to Deposit Funds on MEXC?
Before you can start trading, you need to deposit funds into your MEXC account. MEXC offers various deposit options to accommodate your needs:
- Credit/Debit Card Purchase: This is the easiest and most convenient option for purchasing cryptocurrency, especially for beginners. MEXC supports both Visa and MasterCard.
- P2P Trading: Buy cryptocurrencies directly from other users through MEXC’s peer-to-peer service. All orders and transactions are protected by Escrow and MEXC.
- Traditional Global Bank Transfer: MEXC supports SWIFT, Wire, PIX, and ACH transfers with no fees. This is a straightforward way to purchase cryptocurrencies.
- Payment via Third-Party Services: MEXC supports various payment services, including Simplex, Banxa, Mercuryo, and more.
How to Start Trading on MEXC?
Now that you have funds in your MEXC account, it’s time to start trading. If you are a beginner, spot trading is a great place to start. Here’s how you can begin spot trading on MEXC:
- Select “Trade” in the top menu, then click “Spot” from the dropdown list.
- Choose a trading pair on the right side of the screen in the trading terminal.
- Select the order type, such as Market, at the bottom of the trading terminal screen.
- Enter the amount you want to spend on purchasing the cryptocurrency in the Total/Amount field and click “Buy.”
- The purchase confirmation will be displayed on the screen.
To sell cryptocurrency, simply repeat the above steps, but select “Sell” instead of “Buy.”
Congratulations! You are now ready to explore the exciting world of cryptocurrency trading on MEXC.com. Remember to stay informed about market trends, manage your risks, and enjoy the journey of discovering new investment opportunities.
Start your trading journey on MEXC.com today and unlock a world of possibilities!
