What is MEXC?
MEXC is a cryptocurrency exchange that allows users to buy, sell, and trade a wide variety of cryptocurrencies. It offers features such as spot trading, margin trading, futures, and a selection of altcoins.
Who is the Founder?
MEXC was founded by a team of professionals in the blockchain and cryptocurrency space, although specific founder names are less publicized.
When Did It Start Operations?
MEXC began operations in 2018.
Where Is It Based?
MEXC is headquartered in Singapore.
In Which Countries Is It Banned?
MEXC operates globally but may face restrictions in certain regions, including:
- United States: MEXC has limited services for U.S. residents due to regulatory constraints.
- China: Cryptocurrency exchanges are banned.
- Other Countries: Various jurisdictions may have regulations that limit access to MEXC’s services.
What Is the Trading Fee?
MEXC’s trading fees generally range from 0.1% to 0.2%, depending on the type of transaction and the user’s trading volume.
Is Margin Trading Available?
Yes, MEXC offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can enhance potential returns but also increases risk.
