MEXC: Low Fees, High Profits with Uncompromised Crypto Trading Features

Die-hard crypto traders, also known as “degens,” usually prefer platforms with competitive trading fees, especially for trading large volumes. This is partly due to the ever-changing dynamics of the crypto space, including market volatility where crypto assets witness massive upward or downward movements resulting in higher profits or losses over shorter periods of time.

Plenty of established crypto exchanges with high trading volume exist in the market, but most of them have significant transaction fees, which is a bummer. On top of market volatility, high transaction fees result in less profits and fewer arbitrage opportunities for traders.

The rise in DeFi protocols has created a growing need for crypto trading platforms with impressive and desirable pricing structures. That’s why MEXC, a global crypto exchange with near-zero trading fees, deserves a special mention.

A platform built for lowest fees and highest profits

Beyond its slogan “Lowest fees and highest profits,’” MEXC offers something unique compared to other crypto platforms. According to the company’s statements, it is 100% transparent and upfront about fee structures. Commanding a trader-friendly fee structure sounds great from an investor’s perspective.

At the time of writing, MEXC has 0% Spot Maker and Taker fees and 0% Futures Maker Fees. More importantly, the company charges only a minimal 0.01% Taker Fee for all the major crypto transactions you perform on the platform. These fee structures make a noticeable difference in how much you have to spend while trading massive volumes of crypto via MEXC.

In addition, the trading platform offers minimum charges for depositing and withdrawing assets from your trading wallets. When we checked for some example scenarios, we found that many cryptocurrencies have zero deposit and withdrawal fees, which should allow investors to keep their full profit.

A comprehensive crypto trading platform – for everyone

We found that multiple factors are responsible for the increasing popularity of MEXC. While many of them deal with minimal monetary impact, other factors also play an important role.

Cost savings

Most cryptocurrency investors are not big fans of high transaction fees, regardless of what they trade. When the trading volume is in the thousands or millions, even the smallest change in transaction fees can have a noticeable impact on a trader’s profit gains. Therefore, MEXC's 0.01% taker fee for cryptocurrency transactions is a refreshing change.

For instance, if you want to sell 0.1 BTC in the BTC/USDT pair, you would pay a trading fee of as low as 0%, which means you would pay nothing else in the long run. As you can see, not having to pay anything as a transaction fee means you can ensure the best profit gains as long as you target the right cryptocurrency pair.

Furthermore, MEXC offers attractive discounts for beginners. Recently, the exchange had a promotional event where beginners could get up to a $1,000 bonus and 30% off on futures trading fees. So even if you’re not an experienced trader, you can receive cost savings by using this platform.

Trusted by millions

Founded in 2018, MEXC is successfully serving more than 10 million users in over 170 countries. Thanks to its trader-friendly interface and policies, it attracts versatile trades from across the globe. Because these traders come with massive trading volume, there will be a noteworthy increase in the market liquidity, which means users can expect their transactions to go through more smoothly and quickly.

The number of active users and the collective trading volume determine the success of a crypto trading platform. Those with a higher number of active traders, like MEXC, tend to have more market liquidity and efficiency. And being one of the early exchanges to have built up a fairly large user base has also put MEXC in an advantageous position.

High liquidity

Thanks to its lower fee structure, MEXC ensures higher liquidity levels compared to other platforms. This means users can buy and sell crypto assets quickly, regardless of the volume of trading. According to experts, the level of liquidity is proposed to increase, which offers a much-appreciated transition and growth for the platform.

Excellent customer support

Another factor MEXC is proud of is its customer service. Even though the platform has been designed and optimized for experienced and high-volume traders, it does not ignore beginner traders at all. Instead, beginner traders can make use of the powerful customer care system, along with the other benefits like discounts, NFT drops and promotions.

Global customer support from MEXC is available through multiple channels, including Live Chat and Knowledge Base. The platform also offers localized language support for investors residing in different countries to minimize the hassle of language barriers during trading. In addition, the documentation section of the trading platform has answered almost all the questions you may have about trading.

Beyond transaction fees: Creating safe spaces for the future of crypto

The efforts put forward by MEXC have objectives beyond attracting new investors to the platform. According to the company, it aims to become a trustworthy and efficient space that can facilitate different kinds of cryptocurrency transactions. The platform aims to assist the development and adoption of cryptocurrency worldwide. This can be seen by their efforts of putting users first and helping them maximize their profits by having the lowest fees in the industry.

Of course, to complement what the company has already provided in terms of liquidity and the variety of crypto assets, plenty of changes are being made in the security and privacy sectors.

“While we understand that low transaction fees can attract more investors into the platform, it is only half of the story. At MEXC, our objective is to make crypto something that people can rely on. We constantly take input from different voices in the crypto trading space while also bringing more technologies and products onto our trading platform,” said Andrew Weiner, the VP of MEXC.

With such a comprehensive objective, MEXC seems to have a promising future.

Wrapping up

It’s also worth noting that MEXC is introducing a variety of crypto assets to the platform, meaning that customers can expand their portfolio without needing other platforms.

Through launchpads and speedy go-to market services, the platform offers the earliest and best opportunities for traders with an array of diverse tokens to choose from.

As the world of crypto gets more versatile and complex, the additional security from the exchange is also a selling feature. More importantly, judging the customer reviews, it’s clear that the trading platform offers an impressive level of market liquidity and compatibility.

It’s clear, then, that MEXC has what it takes to compete with the other major cryptocurrency trading platforms out there.