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MEXC Exchange Review: Is It Safe & Legit in 2024?
- MEXC exchange is a cryptocurrency trading platform that offers users a wide range of services including spot and futures trading, leveraged ETFs, NFT Index, crypto loans and demo trading tools.
- MEXC has a high-performance trading engine that is capable of processing 1.4 million transactions per second and is known for low fees, no mandatory KYC verification (but preferred), Launchpad, Kickstarter, and Airdrop features.
- The exchange allows users to buy, sell, hold, and trade cryptocurrency and it prides itself on having the largest crypto pool in the industry, high daily trading volume, and high liquidity.
- MEXC has the largest collection of altcoins offering over 2,700 cryptocurrencies and 3000+ trading pairs and provides users with the option to use optional KYC verification.
- MEXC's best features include Launchpad and Kickstarter, MEXC Futures M-Day, Spot Trading, and Copy Trading, along with several other features like P2P Trading, Token Airdrops, and a Referral Program.
- MEXC Exchange is unavailable in North Korea, Cuba, Sudan, Syria, Hong Kong, Iran, Mainland China, Singapore, the United States, the United Kingdom, Canada, Sevastopol and Russian-controlled regions of Ukraine.
- The best alternatives to MEXC are Bybit, KuCoin, Binance, and BingX that offer various trading pairs, thousands of crypto, and competitive trading fees.
- MEXC cryptocurrency exchange is largely unregulated, and complaints about locking user funds have been reported, but it has advanced security protocols in place.
- MEXC Exchange allows users to withdraw without KYC, but the daily withdrawal limit as an Unverified user is equivalent to 10 BTC.
- MEXC Exchange is safe and secure to buy and sell crypto in 2024 and has been operating since 2018 without being hacked or losing user funds.
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