Are you looking to participate in the cryptocurrency market and looking for a reputable, safe, and quality exchange? Have you heard about MEXC but don’t know how to deposit money into this exchange? In this article, MCrypto will help you answer your questions. In addition, it guides traders on How to Deposit on MEXC  simply and quickly.

Information traders need to know before performing How to Deposit on MEXC

Before starting the How to Deposit on MEXC guide. Traders need to know some important information about this exchange.

Deposit methods supported on MEXC trade

The MEXC platform supports the following deposit methods:

• Deposit with cryptocurrency: You can deposit money into MEXC with different cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and many more. Others. The trader selects the cryptocurrency he wants to deposit, copies the MEXC wallet address, and sends money from the wallet to that address.
• Deposit with cash (fiat): Traders can deposit money into MEXC with different types of cash, such as US dollars (USD), Euro (EUR), and many others. You just need to choose the type of cash you want to deposit and enter the amount and payment method. Transaction confirmation time depends on the payment method and partner of MEXC.

Is MEXC reputable?

MEXC is one of the world’s leading cryptocurrency exchanges, with more than 6 million users from more than 100 countries and territories. MEXC was established in 2018, with headquarters in Singapore and branches in the United States, Hong Kong, Switzerland, Australia,… The exchange has a legal operating license from regulatory agencies such as the Commission US Securities and Exchange Commission (SEC), Estonian Financial Services Authority (Finantsinspektsioon), and Australian Securities and Investments Commission (ASIC).

MEXC provides users with a professional, safe, and diverse cryptocurrency trading platform. With more than 1000 cryptocurrencies. MEXC exchange also supports other services such as Margin Trading, Futures Trading, PoS Staking, DeFi Yield Farming, NFT Marketplace,… MEXC exchange has a professional and enthusiastic customer support team. With communication channels via email, phone, online chat, and social networks.

>>See more: MEXC – The world’s leading cryptocurrency exchange

Quality of deposit on MEXC exchange

MEXC always strives to bring users the best How to Deposit in MEXC experience. With the following criteria:

• Fast: MEXC uses advanced blockchain technology to process deposit transactions quickly and accurately. You can check the status of your transaction on the MEXC exchange. Or on blockchain tracking sites like Etherscan, Blockchain.com, etc.
• Safety: MEXC adheres to the highest security standards to protect user assets. MEXC uses cold wallets to store the majority of users’ cryptocurrencies. The exchange only uses hot wallets to process necessary transactions. MEXC also applies other security measures such as two-factor verification (2FA), SMS OTP, and email OTP.
• Transaction fees: MEXC does not charge any fees when you deposit money into the exchange. You only need to pay fees to the blockchain network or payment partner of MEXC when you make a transaction. This fee depends on the currency and payment method you choose.

Instructions on How to Deposit on MEXC

After knowing the basic information about the MEXC exchange. Traders can start implementing How to Deposit on MEXC with the following steps:

Step 1: Visit the homepage and log in to your MEXC account. Then, on the toolbar, select Assets then Load.

Step 2: Check Select the type of crypto, then select TON. Then select the appropriate network in the Network section. Next, choose to create a Scraping Address to receive tokens into your wallet.

Step 3: Copy the TON deposit address and paste it into the address section of your wallet to transfer TON. Besides, you can also scan the QR code to find the deposit address and use it as the target address to receive tokens.

>>See more: MEXC register on mobile phones is the most detailed

Things to note when traders perform How to Deposit on MEXC

To ensure safety and efficiency when performing How to Deposit on MEXC. Traders need to pay attention to a few things:

Deposit regulations of MEXC trade

There are several regulations about How to Deposit on MEXC  that you need to comply with, including:

• Minimum and maximum amount per deposit transaction: This amount depends on the currency and payment method you choose.
• Deposit transaction processing time: This time depends on the currency and payment method you choose.
• Deposit transaction fee: The MEXC exchange does not charge a fee when you deposit money into the exchange. However, you may have to pay fees to the blockchain network or payment partner when you make a transaction.

You need to comply with these regulations to avoid problems when depositing money into MEXC. If you have any questions or problems, you can contact MEXC’s customer support team for resolution.

Enhance security for MEXC accounts

To protect your account and assets on MEXC. Traders need to increase the security of your account by taking the following measures:

• Set a strong password. You should use a combination of letters, numbers, and special characters. Traders should change their passwords regularly and not share their passwords with anyone.
• Enable two-factor account authentication (2FA). 2FA is a measure to increase the security of traders’ accounts. Requires you to enter a verification code every time you log in or make sensitive transactions. You can enable 2FA using the Google Authenticator app or SMS.
• Identity verification. To increase deposit and withdrawal limits. Traders need to verify your identity by providing personal information and uploading supporting documents. Can use your ID, passport, or driver’s license.
• Lock wallet address. To prevent cryptocurrency withdrawals from your account to unauthorized wallet addresses. Traders can lock wallet addresses by entering email or SMS confirmation codes. You can only withdraw cryptocurrency from your account to locked wallet addresses.

Beware of being scammed by fake MEXC exchange parties

To avoid being scammed by fake MEXC exchange parties. Traders need to be careful when communicating with unofficial or unconfirmed channels of MEXC. You should note the following:

• Do not access fake MEXC websites. You should only visit the official website of MEXC.
• Do not trust unconfirmed messages, emails, phone calls, or social networks from MEXC. Traders only receive information from official and confirmed communication channels of MEXC.
• You should ignore or report unconfirmed messages, emails, phone calls, or social networks from MEXC. Especially when they ask you to provide personal information, passwords, verification codes, wallet addresses, or deposit money. MEXC will never ask you to do these things.

So in the above article, MCrypto has guided you on How to Deposit on MEXC in detail. Traders can perform How to Deposit on MEXC  quickly and safely. At the same time, comply with the regulations and notes of the MEXC exchange. Hopefully, this article has helped you get useful information about trading on the exchange.

FAQ

Is MEXC reputable?

MEXC is one of the world’s leading cryptocurrency exchanges. With more than 6 million users from more than 100 countries and territories. MEXC has legal operating licenses from regulatory agencies such as the US Securities and Exchange Commission (SEC), Estonian Financial Services Authority (Finantsinspektsioon), and the Australian Securities and Investments Commission (ASIC).

What deposit methods does MEXC support?

Traders on MEXC can use two main deposit methods: deposit with cryptocurrency (crypto) and cash (fiat).

How to increase the security of your MEXC account?

Traders need to increase the security of your account by taking various measures. Including setting a strong password, activating two-factor verification (2FA) for accounts, verifying identity, and locking wallet addresses.