In this article, we decided to write an introduction to the MEXC cryptocurrency exchange.
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Introduction
This guide will teach you how to register for the MEXC cryptocurrency exchange, create your account, and start trading. This guide covers the basics you'll need to start trading on the MEXC exchange quickly.
In this article, designed for users new to the cryptocurrency market and looking to use the MEXC exchange, we'll provide an overview of the MEXC Global exchange's getting started guide. We'll cover many details, including the exchange's key features, transaction fees, and cryptocurrency diversity.
What is the MEXC Cryptocurrency Exchange? An Overview
Founded in 2018, MEXC is a cryptocurrency exchange with a global user base and is known for its fast listings. The platform processes millions of transactions daily and boasts a 1.4 million TPS (Transactions Per Second) capacity thanks to its high-performance matching engine. This makes MEXC one of the fastest cryptocurrency exchanges in the market.
The MEXC Exchange's key features include: Over 2,000 cryptocurrency trading pairs are available on the exchange's exchange board. Maker/taker fees, which drop to 0.0x, are offered to users during events. Spot trading on the exchange is highly liquid and diverse. For futures, you can open trades with a wide range of leverage options, ranging from 20x to 200x. Features such as advanced API support, low slippage, and fast order execution are quite impressive.
MEXC Account Opening Guide - A Step-by-Step Guide
You can create your MEXC account quickly and easily with the steps we'll explain below.
1. Go to the Registration Screen
To register with MEXC, go to the website and click the "Sign Up" button or click the sign up link below.
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To receive discounts and bonuses when registering, enter the following code in the referral code section: 17Hjw
2. Registering by Email or Phone
You have two options on the registration screen: Register by Email and Register by Phone. A verification code is sent for both methods. You can activate your account by entering this code.
3. KYC (Identity Verification) Process
KYC is not mandatory for basic trading on MEXC. However, KYC must be completed to increase withdrawal limits, use certain financial products, and participate in events like Launchpad and Launchpool.
KYC requires several steps: uploading an ID document, selfie verification, and waiting for a confirmation period.
4. Enable 2FA Security Settings - Important
For your account security, review the options for SMS verification, adding Google Authenticator, setting an anti-phishing code, and removing untrusted devices from the device management screen. You can add the security features that are most convenient and important to you.
The Benefits of the MEXC Referral Program and the 17Hjw Referral Code
MEXC's referral system offers significant advantages for new users. Don't forget to use the MEXC referral code: 17Hjw when registering with the exchange. Using this code will save you up to 50% on transaction fees. You'll also benefit from new user bonuses. You can earn additional rewards when participating in "Futures Bonus" campaigns. Be sure to check the "Rewards Hub" section after creating an account.
How to Get MEXC User Bonuses?
Let's talk about what you need to do to take advantage of the bonuses offered to new users.
1. Log in to Rewards Hub
After logging in to your account: You can view all bonus tasks in the Profile → Rewards Hub section.
2. Complete Your First Tasks
There are several tasks available for new members. These tasks are quite varied but offer good rewards. You'll find tasks such as your first deposit, first spot trade, opening a futures account, first futures trade, and first copy-trade. These tasks can earn you various coupons, USDT bonuses, and trading fee discounts.
3. Using Campaign Coupons – How to Use Coupons?
MEXC futures bonuses are generally in the form of "bonus balance" and can only be used for futures transactions. These coupons cannot be withdrawn to your spot account balance, but your profits can be withdrawn.
MEXC Exchange Technical Infrastructure and Trading Engine
One of the reasons MEXC is preferred globally is its high-performance trading infrastructure. With 1.4 million TPS of processing power, the exchange is highly efficient, featuring distributed architecture technology, high stateful synchronization, and microsecond order execution. Most trading pairs on the exchange have low slippage. However, some trading pairs have shallow boards and quite high slippage. This performance allows users, especially those trading with leverage, to execute trades quickly and at accurate prices.
Spot transactions occupy a significant portion of the exchange. MEXC, with its wide range of trading pairs and low commission structure, offers an advantage in spot markets. USDT, BTC, and ETH pairs are widely traded. Innovative "Innovation Zone" projects are frequently listed. The fee structure appears to be 0.1% for Maker and 0.1% for Taker, but a 0 transaction fee option is frequently active during campaigns. An additional discount is available if you register with the Mexc reference code 17Hjw. You can also receive additional commission discounts with the exchange token MX.
The Futures side offers advanced charting tools and high leverage options. USDT-M and Coin-M contracts are available on the exchange. Traders can choose leverage options from 20x to 200x. It offers many features, including advanced stop-limit orders, TradingView integrated charts, hedge mode support, and multi-position mode. Due to the high risk involved in leveraged transactions, you should use a stop-loss. MEXC offers a great option for developers and algorithmic traders with its API features. It offers a wide range of API features, including REST API, WebSocket (streams), access to market data, spot trading, futures order submission, asset management, and order history retrieval.
How to Deposit and Withdraw Funds on MEXC?
MEXC supports deposits and withdrawals with many blockchain networks. Networks such as Tron TRC20, Ethereum ERC20, Binance Smart Chain BEP20, Arbitrum, Optimism, Tone, Solana, and Avalanche are supported. Transaction fees are standard, but 0-fee events are sometimes held.
Always make sure you select the correct network for your withdrawals and transfers. Choosing the wrong network can lead to irreversible losses. This means you can send and receive funds on the same network. Different network selections cannot be made for deposits and withdrawals.
MEXC Exchange Mobile App
The MEXC app is available for iOS and Android. You can easily perform many mobile transactions through the app. The app includes many features, including spot and futures transactions, copy trades, Launchpad and Kickstarter events, security settings, and wallet management.
Conclusion: Start Your Crypto Journey with the MEXC Exchange
MEXC is a powerful platform for crypto investors with its technological infrastructure, wide range of trading pairs, high-leverage futures, and user-friendly interface. Use the Mexc referral code 17Hjw when registering to receive both trading fee advantages and bonus opportunities.
Thank you for reading this article. If you're looking to begin your crypto journey on a technically sound, fast, and advantageous platform, the MEXC exchange is a good choice.
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