MEXC Reviews

Summary: I opened an account with MEXC Global and found were are too many errors with attempting to fund. I asked to close my account, followed the protocol they instructed and was never answered. After 12 follow up emails to dataprotect@mexc.com as advised to cancel my account, no answer. I chatted several times asking again, for my account to be deleted. Finally today 12/21/2021 they stated they will not deleted my account as requested and will not follow any consumer protection laws. Siting "policy". I have the chat transcript. Stay away from this company. They will collect and sell your personal information. If you are a user, you may want to put a freeze on your credit report. DO NOT USE THIS COMPANY. Your money and personal information is not safe. 👎

Positive: Literally none. The platform is awful to fund and I'm glad it did not work out. Learn from my mistake.

Negative: -Cannot delete data or close your account
-Argumentative customer service
-Does not follow consumer privacy laws

Summary: 5/5 i've been telling all my friends about MEXC for futures trading.

Positive: High leverage, No KYC, tons of pairs to trade, great mobile app.

Negative: Not many cons to speak of. Us users are limited to partial KYC but that only limits you to withdrawal 20 BTC daily which is plenty for most.

Summary: As a user moving funds from one exchange to the other for a quick trade on new listings can be time consuming and attracts lots of fees while you may likely miss out on price action. Why I became a frequent user of this exchange is its proactive nature, they often list latest and hot project even before any exchange, helps to save users the stress and time to move funds to other exchanges.

MEXC Perpetual Futures Is the best for me. I have used many exchanges to trade futures , But I have never seen the one as smooth and seamless as MEXC. This is the reason they are ranked number one by Cointelegraph.

Positive: THE FOLLOWING ARE THE PROS OF MEXC:
{1} They are one of the most User friendly platform
{2} They have the lowest trading and withdrawal fees in the industry. Currently offering Zero Maker Fee on almost all Pairs.
{3} MEXC Holds numerous Profitable Events, with little or no risk associated. Most of the Events reward users who trade in the platform during the event period. Some reward Holders of the Exchange native token (MX).
{3} The KYC process is super easy and fast.
{4} They have the Best and sustainable Referral system in the industry.
{5} They are the best at listing low cap gems.
{6} The best and most liquid Perpetual Future trading platform.

Negative: THE CONS I HAVE NOTICED SO FAR IS THE FOLLOWING:
{1} Merchants in the P2P section for my local currency are not professional compared to KUCOIN and BINANCE.

Summary: Good for getting new cryptos as MEXC lists cryptos before many CEXs in the market. The trading fees are also lower here and frequent events helped me to get extra tokens.

Positive: Honestly I like the low eligibility criteria for the airdrop events they conduct and also they have very active customer support staff. I accidentally locked my funds and I contacted the customer support for informing them about the issue and within few minutes I got the reply and she also told me how to unlock the funds and after that I was able to withdraw it.

Negative: With low internet speed the app will take time to load, but the website is stable.

Summary: Overall I do consider MEXC Global to be a vital tool for managing the content of my portfolio, due solely to the fact that MEXC makes trading and transferring assets so easy. In addition, every transaction I've made using MEXC has been 100% successful, QUICKLY, and without any crazy "identity verification" hoops to jump through again and again--so personally I find the exchange quite reliable and trustworthy.

Positive: I typically use exchanges when I need to acquire an asset using fiat money, for making coin-to-coin trades, and for sending newly-purchased/just-traded assets to the appropriate wallets. I keep an account with MEXC Global and have been using the exchange for while now. It has been great for receiving crypto deposits from defi wallet addresses, trading digital assets, and transferring them off the exchange to various wallet addresses. MEXC also supports tons of coins and trading pairs, and has vital historical info readily available for each supported asset. Real-time info is also viewable very easily, and makes a huge difference when dealing in assets with rapid and drastic value-fluctuations. There is also decent (comparatively) staking and PoS options available for many assets, should one choose to keep them on the exchange for any length of time.

Negative: It can appear a bit daunting to newer users, I'm sure, and was difficult for me to navigate for the first day or so until becoming familiar with the software. It's somewhat confusing when it comes to making crypto purchases using one's own bank account/card; the exchange doesn't directly handle the initial transaction and instead defers the user to an associated 3rd-party. Once a crypto purchase is made, the available asset is deposited into the user's MEXC account. From there one is able to trade and use the asset(s) as desired. MEXC's software is loaded with features and offers way more than I care to be involved with personally. I have used the "Kickstarter" feature--which is like a very short-term crowdloan for new crypto-oriented projects to secure funds from users in exchange for rewards in the form of the new project's native token--but the participation is just so ridiculously high that it hardly pays off and seems to just be a waste of time and resources. I have not used the MEXC Global exchange to withdraw any assets to a personal bank account, nor do I intend to.