Do you want to trade cryptocurrency on MEXC, but don’t know how to KYC your exchange MEXC account? In this article, MCrypto will guide you on how to MEXC KYC exchange simply and quickly. You will also understand why you should KYC your account and the benefits you will receive when KYC is successful.
What is KYC on the MEXC exchange?
KYC is an important step in the process of registering a MEXC account to trade on the exchange.
What is MEXC account KYC?
KYC’s full name is Know Your Customer. This is a process of verifying users’ identities and personal information on online platforms. To ensure safety and compliance with legal regulations. KYC on the MEXC exchange is the process of verifying the identity and personal information of users on the MEXC exchange. This is one of the leading crypto exchanges today.
Does KYC on MEXC take a long time?
The KYC process on MEXC KYC does not take much time, only within 5 to 10 minutes. The trader was able to complete the steps to verify identity and personal information. However, verification time from the exchange side may fluctuate depending on the number of registered users and KYC requirements. Normally, the verification time from the exchange side does not exceed 24 hours.
Reasons why traders should KYC on the MEXC exchange
MEXC exchange verification is not just a mandatory process to ensure safety and legal compliance. It also brings many benefits to traders when trading on the exchange. Below are some reasons why traders should KYC activate their accounts.
Trade with a real account on MEXC
Once you verify successfully, you will be upgraded from a demo account to a real account. Real accounts allow you to trade with real money, and withdraw and deposit funds to your account. You can also trade with many different cryptocurrencies. From popular cryptocurrencies such as Bitcoin, Ethereum, and USDT. Up to new and potential cryptocurrencies such as Solana, Cardano, Polkadot, etc
Receive MEXC bonuses when KYC is successful
Another benefit when you go through the verification process is that you will receive bonuses. These are attractive rewards and incentives from MEXC. MEXC bonuses include:
- MEXC registration bonus. When you register an account and KYC is successful, you will receive 10 USDT in your account.
- MEXC referral bonus. When you refer your friends to register and KYC activate their accounts, you will receive a 20% commission from their trading fees.
- MEXC bonus when participating in events. When you participate in the exchange’s events and promotions. Traders will have the opportunity to receive many valuable rewards, such as cryptocurrency, vouchers, phones, laptops, etc
Supported by the support department of the MEXC exchange
When you KYC your account, you will receive support from the support department of the MEXC exchange. The support department of the MEXC exchange is a professional and enthusiastic team. The exchange team is always ready to support when traders encounter any problems or questions related to accounts, transactions, withdrawals, deposits, etc. You can contact the exchange’s support department via the following channels:
- Telegram: https://t.me/MEXCEnglish
- Facebook: https://www.facebook.com/mexcofficial
- Twitter: https://twitter.com/MEXC_Official
>>See more: MEXC global – A safe place to trade virtual currencies
Trade with the top-quality MEXC platform on the market
Another reason why you should verify is to experience the top-quality trading service on the market. MEXC exchange has the following advantages.
Leading reputable and safe Crypto exchange
MEXC exchange was established in 2018, is headquartered in Singapore, and has an operating license from the Singapore financial regulator (MAS). The exchange also applies advanced security measures, such as SSL encryption, two-layer verification, cold wallet storage, etc. To protect assets and information of traders on the exchange.
The exchange has a large trading volume and high liquidity
According to CoinMarketCap statistics, the MEXC exchange is one of the cryptocurrency exchanges with the largest trading volume in the world, with about 900 million USD in 24 hours. The exchange also has high liquidity, allowing users to buy and sell cryptocurrencies quickly and easily.
The exchange has many diverse products and features
MEXC exchange not only provides users with basic trading products. These include spot trading, margin, leveraged ETF, etc., but also provide users with unique and innovative products and features. Including perpetual contract trading, options trading, futures trading, quick trade, mobile trading, etc
The exchange has many cryptocurrencies to choose from
MEXC exchange has hundreds of different cryptocurrencies for users to trade. Including new and potential cryptocurrencies, such as Polkadot, Solana, Cardano, etc. MEXC exchange also regularly updates and lists new cryptocurrencies so that users can keep up with trends and opportunities. association in the market.
The exchange has low and reasonable trading fees
MEXC fees are low and reasonable, only from 0.05% to 0.2% depending on product type and transaction volume. Users can also reduce transaction fees by using MEXC (MX) tokens. Or participate in MEXC promotion programs.
Instructions on how to KYC on the MEXC exchange
Step 1: Log in to your account on the exchange’s homepage. Then, select verification
Step 2: Select Verification in the main KYC section
Step 3: Enter information on identification documents
Step 4: Proceed to upload images of identification documents. Then select submit for review.
>>See more: MEXC register on mobile phones is the most detailed
What do traders do after KYC on the MEXC exchange?
After you verify successfully. Traders can start to experience the products and features of MEXC. Here are some things you can do after successful KYC.
Start depositing and trading
After KYC, successfully activate your account on MEXC. Traders can now start depositing money and trading on real accounts on the exchange. Upon successful deposit, traders can choose the type of trading product they want, for example, spot trading, margin, leveraged ETF, etc. You can also choose the cryptocurrency you want to trade, for example, Bitcoin, Ethereum, USDT, etc. You need to pay attention to parameters such as price, volume, transaction fees, etc. when trading on MEXC.
Receive MEXC bonuses
After success on the MEXC KYC exchange, you will receive MEXC bonuses. These are attractive rewards and incentives from MEXC. You can check the balance and history of your MEXC bonuses in your “Account” section. You can also use MEXC bonuses to trade, withdraw money, or participate in MEXC events and promotions.
Conclude
So MCrypto has introduced to you the KYC information MEXC KYC. This is an important and mandatory process for you to be able to trade on the MEXC cryptocurrency exchange. By KYC your account, traders not only ensure safety and legal compliance, but also receive many benefits and incentives from the exchange, such as trading with real accounts, receiving bonuses, and receiving support from the department. support department, and trade with the top-quality MEXC platform on the market.
FAQ
Is MEXC reputable?
MEXC exchange was established in 2018, is headquartered in Singapore, and has an operating license from the Singapore financial regulator (MAS). MEXC exchange also applies advanced security measures, such as SSL encryption, two-layer verification, cold wallet storage, etc.
Does KYC on MEXC take a long time?
The KYC process does not take much time, only within 5 to 10 minutes. The trader was able to complete the steps to verify identity and personal information.
What is KYC?
KYC’s full name is Know Your Customer. This is a process of verifying users’ identities and personal information on online platforms, to ensure safety and compliance with legal regulations.
