MEXC review
Updated October 17, 2026 · HodlCue Editorial Team
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Our verdict
MEXC is a centralised crypto exchange known for listing more than 3,000 altcoins across spot and futures markets. It suits traders who want wide token choice with published reserve checks and beginner friendly app based access on iOS and Android.
Key facts
Crypto exchanges
- Taker fee
- 0.2%↗
- Coins listed
- 1,500↗
- Regulators
- Comoros (international crypto licence)↗
- Fiat deposit methods
- Card, Bank↗
- Proof of reserves
- Yes↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Elsewhere
- Wikidata
Pros and cons
Pros
- Lists more than 3,000 altcoins alongside Bitcoin and Ethereum
- Covers 1,486 spot markets and 1,199 futures markets
- Publishes a wallet address with real time reserve verification
- Includes spot, futures and earn products in one exchange
Cons
- Custodial model means the platform holds assets on your behalf
- Service centres on app based access for iOS and Android
Who it suits
- Traders seeking broad altcoin choice
- Beginners wanting defined spot and futures markets
Who should look elsewhere
- Holders wanting self custody wallets
Holding assets on the exchange
Assets on this exchange are held by the platform on a custodial basis, so users rely on the company to keep holdings secure while they trade. The company sets out measures meant to protect assets and talks about reserves backing customer balances. People who want full control over their private keys will need a separate self custody wallet instead. Because the model is custodial, anyone thinking about storing a large amount should consider how much they are comfortable leaving with a single company.
Ways to buy and sell
Newer users can buy crypto with a card or through mobile payment methods, which avoids working through an order book. Peer to peer trades let people pay with local bank transfers in several currencies, including Brazilian real, Colombian peso and euro. A card that spends crypto abroad is also offered, which connects digital holdings to everyday purchases. Each route suits a different level of experience, so the simpler options are often where people begin. Users who grow more confident can then explore the deeper markets available.
Stock and commodity products
Alongside digital assets, the exchange offers access to large United States shares through a product that lets people trade equities using crypto. Futures contracts on gold, oil and silver extend the range beyond coins and tokens. Tools such as spot grid trading and copy trading are arranged to let people automate strategies or follow more experienced traders. Practice options with simulated funds are available for those who want to explore futures before committing real money. Each product carries its own risks, and newcomers may want to start with the simplest option.
Learning and institutional services
The exchange provides learning material for people new to crypto, covering the basics of how digital assets work and how markets behave over time. Crypto news and official announcements are published for users who want to follow developments as they happen. A separate institutional offering provides tailored solutions for larger clients, which signals that the company also serves professional traders and organisations alongside everyday users. The mix of learning content and professional services suggests a platform aiming at a broad audience, from first time traders to seasoned professionals.
How MEXC compares
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Frequently asked questions
What does MEXC offer?+
MEXC is a centralised exchange for buying, trading and earning crypto. It covers spot markets, futures markets and earn products alongside Bitcoin and Ethereum. The range focuses on crypto assets in one place.
What security measures does MEXC describe?+
MEXC describes three major measures to safeguard asset security. It publishes a wallet address and states that reserves are backed beyond a one to one level. Verification runs in real time and stays accessible at all times.
Who is MEXC suited for?+
MEXC suits traders who want broad altcoin coverage across spot and futures. It also suits beginners who prefer defined markets and published reserve information. App based access supports everyday monitoring and trading.
What kinds of markets can be traded here?+
Users can trade spot markets for buying and selling crypto directly, as well as futures markets settled in several stablecoins or other crypto assets. The range also includes products built around commodities and equities. Practice trading with simulated funds is available for people who want to learn the mechanics before using real money.
Is crypto on this exchange held by the company?+
Yes, holdings sit with the exchange on a custodial basis, which means the company looks after the assets on behalf of its users. Those who prefer to keep their own private keys will need a separate self custody wallet. Understanding this arrangement helps people decide how much to keep on the platform at any time.
Sources
- coingecko.com/en/exchanges/mxc checked September 26, 2026
Backs: Coins listed, Founded, Exchange type, Features, Headquarters, Regulators, Support channels, Taker fee
“id=mxc; coins=1500; pairs=1885”
- defillama.com/cex/mexc checked September 26, 2026
Backs: Proof of reserves
“slug=mexc; category=CEX; tvl=5475928501.916748”
- mexc.com/terms checked September 26, 2026
Backs: Derivatives, Fiat deposit methods, Legal entity
“Digital Assets futures trading service: MEXC provides services for Users to carry out Futures trading.”
Compiled from 3 source pages, checked October 17, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Card type, Protection.