Whether MEXC review is reliable is something that many people find out before trading. MEXC is currently one of the most popular cryptocurrency exchanges in the world. At the same time, MEXC has captured more than 5% of the global digital asset market. The following article from MCrypto will help you have a deeper look at the exchange. Let’s follow along!
Evaluate the MEXC exchange in terms of its reputation
The establishment process of the MEXC exchange
MEXC exchange ranks among the leading cryptocurrency trading platforms on the market. Enjoying the mission of providing reliable and efficient trading services to the user community, MEXC has quickly become a popular choice for cryptocurrency users and investors globally.
MEXC review was launched in 2018 and is currently managed by CEO John Chen. He is a bachelor of computer science with a diploma from the National University of Singapore. He received his master’s degree from Nanyang Technological University.
Headquartered in Singapore, MEXC has built a strong network of partners globally. MEXC review has more than 10 million users from 170 different countries and territories. Currently, MEXC’s headquarters has been moved to Seychelles. This is an island country located in the Indian Ocean region.
Outstanding achievements of MEXC exchange
In 2019, MXC recorded significant growth and captured 5% of the global digital asset market. It has received honors from leading Blockchain media magazines, being recognized as “One of the most popular and outstanding trading platforms among today’s trading platforms.”
According to CoinMarketCap statistics in August 2019, the MXC exchange had a 24-hour trading volume of about 860,554 million USD and supported trading for 119 currency pairs with trading markets including USDT, ETH, BTC, and MX. From MEXC reviews of the above achievements, should one invest in MEXC?
>>See more: MEXC global – A safe place to trade virtual currencies
Outstanding achievements of MEXC exchange?
Is the information about MEXC scam users true? These are just false rumors from many forums. According to the MEXC review, it is a fairly popular and leading reputable electronic exchange today. MEXC cryptocurrency exchange has fully met all legal requirements. Licensed to operate in most countries around the world and also in the US. If you intend to enter the trading market, MEXC is the ideal choice for you.
Although the MEXC review has only been active for a short time, the achievements they have achieved are truly impressive and cannot be underestimated. MEXC’s rapid growth and strength have been truly miraculous. But this is not a miracle, but the result of effort and commitment.
However, in a competitive market like the cryptocurrency trading market, there are always dishonest trading exchanges.
These exchanges often operate as sophisticatedly as reputable cryptocurrency exchanges. With sophisticated scams and cunning tricks, these fraudulent cryptocurrency exchanges always create different traps around the world to deceive investors. Therefore, to be safe, you should focus on considering the reputation of the exchange to trade.
MEXC exchange review on outstanding features
What is so outstanding about the MEXC exchange that makes it able to attract so many users? Let’s evaluate with MEXC review some outstanding features as follows:
MEXC features Spot and Futures trading
MEXC offers users two types of trading: spot trading and futures trading. Spot trading allows users to buy and sell coins directly at current market prices. To help them carry out transactions quickly and flexibly. In addition, MEXC also offers futures contract trading. This allows users to enter into fixed-term contracts. At the same time, you can take advantage of the price fluctuations of cryptocurrencies to achieve profits.
Variety of technical analysis tools on MEXC
MEXC supports users with a variety of technical analysis tools. The aim is to help them in making smart trading decisions. These tools include a variety of price charts, popular technical indicators, and trend analysis tools. Thanks to these tools, users can grasp market trends. From there, you can make trading decisions based on reliable analytical information.
At the same time, MEXC offers other convenient trading features. Including placing stop-loss orders and automatically taking profits. To help users control risks and optimize profits from trading.
Many customer support policies of MEXC exchange
According to the MEXC review, customer care policy reviews are excellent. MEXC supports up to 10 different languages, including US. To create favorable conditions for customer service.
The diversity of support forms allows investors to quickly receive support and have their questions answered through consulting channels that are suitable for them. On the official MEXC support website, there are question sets available that customers can refer to. From there, they can choose which question best suits their situation.
Besides, to provide the best support for customers, MEXC also provides many different consulting channels. Including live chat and social networks such as Facebook, Twitter, and Telegram. Whether you are a new investor or a long-time customer at MEXC, you will receive fair and unbiased support and advice.
>>See more: MEXC account creation is detailed and simple for beginner
Summary of MEXC reviews from experts
Advantages of MEXC exchange
- MEXC review supports more than 1520 cryptocurrencies, especially DeFi coins. With over 2110 trading pairs, this is a diverse selection of cryptocurrency trading.
- MEXC’s interface is friendly and fully functional. Copy trading feature helps users automatically copy other people’s trades. Especially useful for newbies and people who don’t have time to research the market.
- MEXC review provides a variety of trading products. Included are spot trading, margin trading, and derivatives trading. Including ETFs and futures contracts.
- Experienced people can use up to 125 times leverage on cryptocurrencies.
- MEXC’s technical charts are fast and highly customizable. It allows you to use many indicators and technical analysis tools.
- MEXC review has a premium help center with multilingual support.
- Additionally, MEXC is one of the few exchanges that offers exchange-traded funds.
- This platform has Certificates of Compliance in Australia, Canada, Estonia, and the United States.
- 24/7 customer support and many educational articles for investors.
Some shortcomings that MEXC needs to overcome
Below are some MEXC reviews about the shortcomings:
- MEXC may restrict services to specific countries or regions. Limits access for some users across countries.
- MCrypto capacity may be limited during active trading periods. This can make it difficult to carry out transactions quickly and efficiently.
- MEXC applies strict KYC standards, requiring users to provide numerous documents and personal information to complete the registration process. This can create some barriers and difficulties for new users.
Conclude
Above is an overview of the most detailed and accurate MEXC review. Hopefully, with the information provided by MCrypto, users will have a deeper look at the exchange. From there, you can confidently choose when you want to participate in the cryptocurrency market. Wishing traders will have an effective source of income when investing in MEXC!
FAQ
Is MEXC reputable?
MEXC is considered a reputable exchange in the crypto market. However, evaluating reputation also depends on factors such as uptime, security, and each user’s criteria.
Does MEXC require KYC?
MEXC does not require users to perform identity verification (KYC) when registering an account. However, KYC may be required if you want to use specific services on the exchange.
Which cryptocurrencies does MEXC support?
MEXC supports over 1520 different cryptocurrencies. This includes DeFi currencies and many different trading pairs.
