What is MEXC P2P? Guide to Earning with MEXC P2P

Home » What is MEXC P2P? Guide to Earning with MEXC P2P

What is MEXC P2P? Guide to Earning with MEXC P2P

What is MEXC P2P? How to trade P2P on MEXC exchange. All will be shared in detail by MCrypto in the article below. Join us to find out the details

Investing in a single asset is definitely not a wise thing to do. In the financial market, diversifying your portfolio is the key to maximizing profits and minimizing risks. If you are looking for a more attractive investment area, such as buying and selling cryptocurrencies with MEXC P2P, this article is for you. Currently, MEXC is ranked 14th in Coingecko’s list of centralized exchanges. Join MCrypto to learn about MEXC exchange and how to make money with P2P on the exchange.

Table of Contents

What is MEXC P2P?

MEXC P2P is a popular form of cryptocurrency trading on the MEXC exchange. It allows buyers and sellers to connect and exchange cryptocurrencies without intermediaries.
P2P stands for Peer to Peer, which is a banking cryptocurrency trading platform. You can use Fiat currencies such as US dollars, Japanese yen, etc. to buy and sell. MEXC P2P trading helps to convert fiat currencies and cryptocurrencies quickly.

MEXC is one of the most reputable cryptocurrency exchanges in the market.

MEXC is an exchange founded in April 2018 in Seychelles. Founded by experts with extensive experience in the fields of finance and blockchain. This platform provides users with a variety of services related to digital assets, including spot trading, Launchpad, and futures trading.

Why choose P2P trading on the MEXC exchange?

When choosing to invest in any field, including P2P trading on the MEXC exchange, you are interested in the advantages and benefits of the exchange. So what is attractive about P2P trading on MEXC for you to invest in?

Advantages of MEXC P2P Trading

Allows you to enter the international market. P2P MEXC allows users around the world to connect, extremely fast and convenient.
Diverse deposit and withdrawal methods: more than 30 payment methods and the most popular is Internet banking.
Free transaction: Some exchanges charge a % fee per transaction. But MEXC P2P does not charge any fee.

Advantages of MEXC exchange

MEXC is a leading cryptocurrency exchange, founded by a team of experts from Wall Street and the blockchain industry. MEXC has many advantages, the most attractive of which are:

Is the exchange that lists the most cryptocurrencies among virtual currency exchanges.
Provides many features for users, bringing the best experience. Typically, currency pair trading (Spot trading), futures contracts (futures), buying virtual currency via credit card,…
Extremely high security, helping users feel safe when trading. No investor has ever lost money with MEXC.
Many different coins for you to choose from. Rated as the place where traders can hunt for hidden gems and the best meme coins on the market today. In particular, you can predict which coins will grow strongly and buy them right on MEXC before they are listed on other exchanges.
Lots of attractive offers, and cash bonuses.
Huge prizes, up to $5 million, are tied to competitions to find talented traders.
Transaction fees are quite cheap.
High leverage, up to 200 times with futures and low cap coins. MEXC can be considered a place for adventurers.

The exchange has a UKese support consulting team, chosen by many UK traders.
>>See more: MEXC Exchange – The world’s leading Crypto exchange

Other attractive products besides P2P on the MEXC exchange

Spot

More than 1600 cryptocurrencies and about 1900 different trading pairs. This is the hottest product of the MEXC exchange, making the trading market more vibrant. The total daily trading volume reaches more than 385 million USD.

Futures

With MEXC P2P, you can trade futures contracts. Specifically, there are more than 300 different product pairs. The total value of all transactions related to futures contracts is more than 3.2 billion USD.

Launchpad

MEXC launchpad supports token launches for projects that are about to be listed on the MEXC exchange. With this product, users who currently hold MEXC exchange tokens (MX tokens) can purchase tokens from new and extremely potential projects. Up to now, this platform has supported token issuance for a total of 11 projects.

Kickstarter

Kickstarter is a feature that allows users to vote on pre-launch tokens to receive airdrops.

Savings

Savings is a savings feature that allows users to deposit savings in cryptocurrencies with different interest rates. Currently, MEXC supports Savings for 17 Cryptocurrencies, the most popular being BTC, XRP, ETH, and USDT.

Learn

This is MEXC’s online learning platform, providing knowledge about cryptocurrencies.

Instructions on how to register for MEXC in the simplest way

Step 1: Go to the MEXC exchange homepage, and select “Sign up”: https://www.mexc.com

Go to the MEXC exchange homepage and select Register

Step 2: Enter email -> Select “Next”.

Enter email information to register for MEXC

Step 3: Enter your password, then check the “I have read and agree….” button. Then, click “Sign up”.

Note: In the Referral box, if you are UKese, you should fill in “1RKK3” so that UKese staff can support you when needed.

Enter your password and check the box "I have read and agree..." — Enter your password and check the box “I have read and agree…”

Step 4: Enter the verification code sent to your email.

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

So you have an account on MEXC. The next step is to verify your account before starting to trade.

Step 1: Click on the person-shaped account icon in the right corner of the screen, and select Identification to verify the account.

Verify account after successful registration

Step 2: Select Primary KYC => Click the “Verify” button.

Step 3: Fill in all information including nationality, name, date of birth, and ID number. Finally, click on the “Submit for review” button.

Enter complete information and click Submit for review

P2P Trading Guide on MEXC for Newbies

How to buy cryptocurrency on the MEXC P2P exchange

Step 1: Select “Buy Crypto” then click on “P2P Trading”.

Step 2: Select “Buy”.

Click the "Buy" button to buy cryptocurrency on the MEXC exchange — Click the “Buy” button to buy cryptocurrency on the MEXC exchange

Step 3: Select the cryptocurrency you want to buy (USDT, BTC, ETH, or USDC) => Enter the amount in the “Amount” box => Select the payment method in the “Payment Method” box.

Enter the amount you want to buy and select the payment method when trading MEXC P2P

Step 4: Below is a list of sellers, with the current amount of cryptocurrency => Choose a seller => Then click “Buy” to buy.

Step 5: Transfer money to the seller’s account, then wait for them to unlock.

How to Sell Cryptocurrency on MEXC P2P Trading

Step 1: Select “Buy Crypto” -> Select “P2P Trading”

Step 2: Select “Sell”.

Step 3: Select the cryptocurrency you want to sell => Enter the amount you want to sell in the “Amount” box => Select the payment method in the “Payment Method” box.

Step 4: Select the buyer you want to sell to => Click the “Sell” button.

Step 5: Wait for the buyer to pay and then you unlock it for them.

Notes when trading on MEXC P2P

The system does not automatically deduct Fiat transactions from the buyer’s bank account. After placing a purchase order, you need to know the seller’s bank account information to pay them via Internet banking. Make sure you use your correct bank account when transferring money. Otherwise, the system will not recognize it, thereby affecting the USDT unlocking.
Once payment is complete, click the “Payment Completed” button and wait for the seller to release the USDT. During the waiting process, DO NOT click the “Cancel Order” button. If you click it by mistake, the USDT will not be released.
The seller’s bank account information will be updated and changed over time. Therefore, it is important to check the seller’s account information before transferring money. Do not default to an old account.
All USDT credited by the bank will be in the Fiat Account. To trade, you need to make a Fiat transfer to the Spot account.

Conclude

In short, MEXC is the most trusted cryptocurrency exchange globally, with a full range of features and optimal trading support. Hopefully, the above article from MCrypto is useful, helping you know what MEXC P2P is, as well as how to make money with the exchange. Wish you success with P2P trading on MEXC!

FAQ

Is MEXC P2P trading safe?

After the trader places a P2P order, MEXC will freeze the amount of digital assets specified in the order. Until both parties confirm that the transaction has been completed, that is, the Fiat currency is converted into digital assets. These assets will be locked and unusable until the P2P order is canceled. Or when the buyer and seller confirm that they have transferred the Fiat currency and release the assets to the buyer later.