You don’t know Where Is MEXC Exchange Located? Is Exchange MEXC legal in the US? This is basic information that investors should learn before starting to trade. To find the exact answers to the above questions, please refer to the information MCrypto shared in the article below.
Learn basic information about exchange MEXC
For long-time investors, MEXC is certainly no stranger. This is one of the reputable trading exchanges, with an extremely large number of participants.
Where Is MEXC Exchange Located?
For those who are curious, MEXC is an exchange registered in Singapore. Specifically, the exchange was established in April 2018 by a group of experts with rich experience in the financial industry and BlockChain technology.
Although it is a new exchange, it has an extremely fast growth rate. Within 1 year, MEXC has captured 5% of the digital asset market. At the same time, it is also considered the most popular and best cryptocurrency trading platform globally.
Evaluate the advantages and disadvantages of MEXC Global Exchange
To make an accurate decision whether to trade at MEXC or not, investors can refer to the reviews below.
Advantage
- You can find 1520 different cryptocurrencies.
- User-friendly website interface, How to buy coin on MEXC is extremely simple. Among them, there is a copy trading feature, allowing investors to automatically copy anyone’s transactions. This is an extremely useful feature for less experienced investors.
- Providing a variety of order types, investment models, and different investment products.
- Attractive leverage, you can trade with up to 125 times leverage over some cryptocurrencies.
- Provides technical charts with many indicators and analysis tools to help investors make accurate decisions.
- MEXC offers exchange-traded funds.
- There are attractive MEXC Bonus programs.
- MEXC’s customer service team is professional, providing support anytime, anywhere.
Defect
- The exchange currently does not support Fiat withdrawals.
- In Australia, cryptocurrency exchange platforms are not popular.
>>See more: MEXC – The world’s leading cryptocurrency exchange
Business License Where Is MEXC Exchange Located? Is it legal in the US?
MEXC’s business license is also important information that everyone needs to grasp.
In which countries is MEXC Global Exchange licensed?
At this point, everyone knows Where Is MEXC Exchange Located. However, not everyone knows which countries the exchange is currently licensed in.
According to research, exchange MEXC currently has a license to operate in 4 major countries. Specifically: the United States, Switzerland, Canada, and Australia. However, up to now, the exchange is still operating strongly globally and is trusted by millions of people.
Why is MEXC not licensed in the US?
Many people wonder why MEXC is not licensed in the US. The answer is very simple, currently, the government still has no specific regulations for international trading exchanges.
So, not only MEXC, but any exchange participating in the US market does not have a license. However, this does not affect the quality and reputation of the exchange. Therefore, investors can safely invest and make profits every day.
Instructions for registering a MEXC US account
If you want to start trading on MEXC today, register an account according to the instructions below.
- Step 1: Visit the official homepage of MEXC.
- Step 2: Choose to register by Email or phone number.
- Step 3: Enter the password
- Step 4: Enter the confirmation code sent to your phone number or email. Finally, select Login to complete.
However, to officially start using your account, you need to follow the verification steps below.
>>See more: Detailed MEXC registration instructions for newbies
Instructions for KYC verification on MEXC Global US
KYC – Know Your Customer is understood as customer identification. At that time, the user will be asked to provide some information such as a portrait photo, ID number, Passport, address,…
If you do not meet the standards provided by the exchange, you will not be able to register an account. To verify MEXC KYC, people can follow the following instructions: At MEXC’s main interface, go to Account > select Personal Center. After that, the system will display 2 boxes requesting identification as follows:
- Identity Verification: Requires identity verification, where the user goes through the KYC process.
- Security Center: This section is for investors to perform security operations such as: Changing passwords, and installing Anti – Fishing.
How to generate ANTI – Fishing code on exchange MEXC
To increase account security MEXC has developed an Anti-Fishing code. This allows your account to be kept safe, avoiding tampering or information theft.
What you need to do is click on Security Center and find the Anti-Fishing section. Next, set the character for Anti-fishing and select Confirm.
How to verify Email and phone number on MEXC Global US
If you choose to register for a MEXC account by email, a confirmation code will be sent to your email. As follows:
- Enter the confirmation email in the Get Right Now section.
- Then, enter the confirmation code sent to your email and select Email Authentication to complete.
In the case of using the phone, the following will be verified:
- Select Bind select the US area code (+1) and enter the associated phone number.
- Click Get right now and enter the number sent to your phone into the system,
- Next, click SMS Authentication to complete verification.
Instructions for downloading exchange MEXC to your phone
Instead of having to visit the website every time you participate in a transaction, you can install the app on your phone to use at any time.
How to download Exchange MEXC to Android
- Step 1: Visit MEXC’s official website.
- Step 2: Find the Download App section. Many different options will be displayed here. For Android phones, you will select Google Play.
- Step 3: Select Install to have the application automatically downloaded. Download time will take about 2 – 3 minutes. Then, open the application and log in to your account, participating in trading as usual.
How to download MEXC Global Exchange to IOS
Similar to how to install MEXC on Android. However, instead of choosing Google, you will choose AppStore. Then, select the download icon to complete downloading the app.
Conclude
Thus, the article has compiled important information surrounding the question Where Is MEXC Exchange Located. Hopefully, the shares shared by MCrypto in the article will help investors have an overview of the exchange and be more confident when participating in transactions.
FAQ
Is MEXC a reputable exchange?
It can be affirmed that this is a reputable trading exchange. This can be demonstrated through the increasing number of account subscribers. Besides, MEXC also scored 9 credit points by Coingecko. Therefore, you can safely participate in trading.
Has MEXC Global ever been hacked?
The answer is no. With a modern and advanced security system, since its launch, the exchange has never been hacked. Always ensure the safety and confidentiality of customer information in all cases.
Is it true that MEXC Global is a scam in the US?
All information related to MEXC Global’s fraud is false. Currently, the exchange is still operating very well and receiving compliments from users. Although not licensed in the US. But has been recognized by international financial organizations. So all scam rumors are not trustworthy.
