MEXC

Verified
Est. 2018 Seychelles SC
Exchange Spot Futures Margin Proof of Reserves 2FA

MEXC stands out for its zero-fee spot trading promotions and aggressive token listing strategy. It often lists new tokens faster than any other major exchange, though its regulatory compliance and security posture lag behind top-tier platforms.

Trading Method
Spot, Futures, Margin
Total No. Cryptos
2000
BTC ETH SOL ...
Min Cost to Trade
No minimum
Trading Platforms
Web & Mobile App
Crypto Wallet Required
Yes
Noam Korbl
WRITTEN BY Noam Korbl Co-Founder & Head of Research
Justin Grossbard
EDITED BY Justin Grossbard Co-Founder & CEO
Fact Checked
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2.6 /5
BELOW AVERAGE
Based on 51/100 Score
security
62/ 100
fees
92/ 100
trading
80/ 100
regulation
48/ 100
liquidity
76/ 100

Is MEXC Available in Australia?

MEXC's Australian status is unclear. Public sources conflict on whether MEXC is registered with AUSTRAC as a digital currency exchange provider, and the platform does not offer direct AUD bank deposits or PayID. Card-based purchases via Visa and Mastercard are routed through third-party providers. Australian residents should verify current AUSTRAC registration on the AUSTRAC public register before funding, and treat MEXC as an offshore exchange. ASIC consumer protection rules apply to any derivatives or leveraged products.

For an altcoin-focused alternative, see our Gate.io review.

Pros

  • Zero maker fees on spot trading
  • Fastest new token listing speed among major exchanges
  • Large selection of futures contracts with high leverage
  • No mandatory KYC for basic trading

Cons

  • Minimal regulatory licenses worldwide
  • Security track record is less established
  • Liquidity can be thin on smaller trading pairs
Visit MEXC
51 / 100
MEXC Verified
Est. 2018 Seychelles SC
Trading
Spot Futures Margin
Visit MEXC
Noam Korbl

About the Author: Noam Korbl

Noam Korbl is the co-founder of TheRockTrading.com and has been an online trader since 2014. He has a Bachelors in Finance from Monash University and has been an investor in shares and equities for decades, and successfully started and sold various online businesses.