How to Register and Trade Crypto at MEXC

Jan 14, 2024

Starting the adventure of cryptocurrency trading on MEXC is an exhilarating endeavor that commences with a straightforward registration process and gaining a grasp of the essentials of trading. As a leading global cryptocurrency exchange, MEXC provides a user-friendly platform suitable for both novices and experienced traders. This guide will lead you through each step, guaranteeing a seamless onboarding experience and offering valuable insights into successful cryptocurrency trading strategies.

How to Register on MEXC

How to Register an Account on MEXC with Email or Phone Number

Step 1: Registration through the MEXC website

Enter the MEXC website and click [Log In/Sign Up] on the upper right corner to enter the registration page.

Step 2: Input your mobile phone number or E-mail address and ensure the validity of your phone number or E-mail address.

Email

Phone number

Step 3: Input your login password. For your account security, ensure your password contains at least 10 characters including uppercase letters and one number.

Step 4: A verification window pops up and fill in the verification code. You will receive a 6-digit verification code in your email or phone. (Check the trash box if no E-mail is received). Then, click the [Confirm] button.

Step 5: Congratulations! You have successfully created a MEXC account via Email or Phone Number.

How to Register an Account on MEXC with Google

Moreover, you can create a MEXC account through Google. If you wish to do that, please follow these steps:

1. Firstly, you’ll need to head over to the MEXC homepage and click [Log In/Sign Up].

2. Click on the [Google] button.

3. A sign-in window will be opened, where you will need to enter your Email address or Phone and click on “Next”.

4. Then enter the password for your Google account and click “Next”.

5. Click "Sign Up for a New MEXC Account"

6. Fill in your information to create a new account. Then [Sign up].

7. Complete the verification process. You will receive a 6-digit verification code in your email or phone. Enter the code and click [Confirm].

8. Congratulations! You have successfully created a MEXC account via Google.

How to Register an Account on MEXC with Apple

1. Alternatively, you can sign up using Single Sign-On with your Apple account by visiting MEXC and clicking [Log In/Sign Up].
2. Select [Apple], a pop-up window will appear, and you will be prompted to sign in to MEXC using your Apple account.

3. Enter your Apple ID and password to sign in to MEXC.

4. Click "Sign Up for a New MEXC Account"

5. Fill in your information to create a new account. Then [Sign up].

6. You will receive a 6-digit verification code in your email or phone. Enter the code and click [Confirm].

7. Congratulations! You have successfully created a MEXC account via Apple.

How to Register an Account on MEXC with Telegram

1. You can also sign up using your Telegram account by visiting MEXC and clicking [Log In/Sign Up].

2. Select [Telegram], a pop-up window will appear, and you will be prompted to sign in to MEXC using your Telegram account.

3. Enter your Phone Number to sign in to MEXC.

4. You will receive the request in Telegram. Confirm that request.

5. Accept the request on the MEXC website.

6. Click "Sign Up for a New MEXC Account"

7. Fill in your information to create a new account. Then [Sign up].

8. You will receive a 6-digit verification code in your email or phone. Enter the code and click [Confirm].

9. Congratulations! You have successfully created a MEXC account via Telegram.

How to Register an Account on the MEXC app

You can register for a MEXC account with your email address, phone number, or your Apple/Google/Telegram account on the MEXC App easily with a few taps.

Step 1: Download and Install the MEXC App

Visit the App Store (for iOS) or Google Play Store (for Android) on your mobile device.
Search for "MEXC" in the store and download the MEXC app.
Install the app on your device.

How to Register and Trade Crypto at MEXC

Step 2: Open the MEXC App

Locate the MEXC app icon on your device’s home screen or in the app menu.
Tap on the icon to open the MEXC app.

Step 3: Access the Login Page

Tap on the top-left icon, then, you will find options like "Log In". Tap on this option to proceed to the login page.

Step 4: Enter Your Credentials

Select [Email] or [Phone Number] and enter your email address/phone number.
Create a secure password for your MEXC account.

Create a secure password for your account.

Note:

Your password must contain at least 10 characters, including one uppercase letter and one number.

Step 5: Verification (if applicable)

You will receive a 6-digit verification code in your email or phone.

Step 6: Access Your Account

Congratulations! You have successfully created a MEXC account.

Or you can sign up on the MEXC app using Google, Telegram, or Apple.

Step 1: Select [Apple], [Google], or [Telegram]. You will be prompted to sign in to MEXC using your Apple, Google, and Telegram accounts.

Step 2: Review your Apple ID and click [Continue].

Step 3: Reset your Password.

Your account has been registered, and the password reset will be sent to your email.

Step 4: Access your account.

Congratulations! You have successfully created a MEXC account.

Frequently Asked Questions (FAQ)

Unable To Receive SMS Verification Code on MEXC

If you are unable to receive the SMS verification code on your mobile phone, it may be due to the reasons listed below. Please follow the corresponding instructions and try to obtain the verification code again.

Reason 1: SMS services for mobile numbers cannot be provided as MEXC does not offer service in your country or region.

Reason 2: If you have installed security software on your mobile phone, it is possible the software has intercepted and blocked the SMS.

Solution: Open your mobile security software and temporarily disable blocking, then try to obtain the verification code again.

Reason 3: Problems with your mobile service provider, i.e. SMS gateway congestion or other abnormalities.

Solution: When your mobile provider’s SMS gateway is congested or experiencing abnormalities, it can cause delays or loss of sent messages. Contact your mobile service provider to verify the situation or try again later to obtain the verification code.

Reason 4: Too many SMS verification codes were requested too quickly.

Solution: Clicking the button to send the SMS verification code too many times in rapid succession may affect your ability to receive the verification code. Please wait for a while and try again later.

Reason 5: Poor or no signal at your current location.

Solution: If you are unable to receive SMS or experiencing delays in receiving SMS, it is likely due to poor or no signal. Try again in a location with better signal strength.

Other issues:
Disconnected mobile service due to lack of payment, full phone storage, SMS verification being marked as spam, and other situations can also prevent you from receiving SMS verification codes.

Note:
If you are still unable to receive SMS verification codes after trying the above solutions, it’s possible that your have blacklisted the SMS sender. In this case, contact online customer service for assistance.

What to do if you are not receiving the email from MEXC？

If you have not received the email, please try the following methods:

Ensure you have entered the correct email address when signing up;
Check your spam folder or other folders;
Check if emails are sending and being received properly on the email client’s end;
Try using an email from a mainstream provider such as Gmail and Outlook;
Check your inbox again later, as there could be a network delay. The verification code is valid for 15 minutes;
If you are still not receiving the email, it might have been blocked. You will be required to manually whitelist the MEXC email domain before trying to receive the email again.

Please whitelist the following senders (email domain whitelist):

Whitelist for domain name:

mexc.link
mexc.sg
mexc.com

Whitelist for email address:

Note: Once the whitelist settings have been done, please wait for 10 minutes before trying to receive the email verification code, as it may take some time for the whitelist to take effect for certain email service providers.

How To Enhance MEXC Account Security

1. Password Settings: Please set a complex and unique password. For security purposes, make sure to use a password with at least 10 characters, including at least one uppercase and lowercase letter, one number, and one special symbol. Avoid using obvious patterns or information that is easily accessible to others (e.g. your name, email address, birthday, mobile number, etc.).

Password formats we do not recommend: lihua, 123456, 123456abc, test123, abc123
Recommended password formats: Q@ng3532!, iehig4g@#1, QQWwfe@242!

2. Changing Passwords: We recommend that you change your password regularly to enhance the security of your account. It is best to change your password every three months and use a completely different password each time. For more secure and convenient password management, we recommend you to use a password manager such as "1Password" or "LastPass".

In addition, please keep your passwords strictly confidential and do not disclose them to others. MEXC staff will never ask for your password under any circumstances.

3. Two-Factor Authentication (2FA)
Linking Google Authenticator: Google Authenticator is a dynamic password tool launched by Google. You are required to use your mobile phone to scan the barcode provided by MEXC or enter the key. Once added, a valid 6-digit authentication code will be generated on the authenticator every 30 seconds. Upon successful linking, you need to enter or paste the 6-digit authentication code displayed on Google Authenticator every time you log in to MEXC.

Linking MEXC Authenticator: You can download and use MEXC Authenticator on App Store or Google Play to enhance the security of your account.

4. Beware of Phishing
Please be vigilant of phishing emails pretending to be from MEXC, and always ensure that the link is the official MEXC website link before logging into your MEXC account. MEXC staff will never ask you for your password, SMS or email verification codes, or Google Authenticator codes.

How to Trade Crypto on MEXC

How to Trade Spot on MEXC (Web)

Step 1: Login to your MEXC account, and select [Spot].

Step 2: You will now find yourself on the trading page interface.

Market PriceTrading volume of trading pair in 24 hours.
Asks (Sell orders) book.
Bids (Buy orders) book.
Candlestick chart and Technical Indicators.
Trading Type: Spot / Margin / Futures / OTC.
Type of order: Limit / Market / Stop-limit.
Buy Cryptocurrency.
Sell Cryptocurrency.
Market and Trading pairs.
Market latest completed transaction.
Your Limit Order / Stop-limit Order / Order History.

Step 3: Transfer Funds to Spot Account

In order to initiate spot trading, it is essential to have cryptocurrency in your spot account. You can acquire cryptocurrency through various methods.

One option is to purchase cryptocurrency through the P2P Market. Click on "Buy Crypto" in the top menu bar to access the OTC trading interface and transfer funds from your fiat account to your spot account.

Alternatively, you can deposit cryptocurrency directly into your spot account.

Step 4: Buy Crypto

The default order type is a limit order, which allows you to specify a particular price for buying or selling crypto. However, if you wish to execute your trade promptly at the current market price, you can switch to a [Market] Order. This enables you to trade instantly at the prevailing market rate.

For instance, if the current market price of BTC/USDT is $61,000, but you desire to purchase 0.1 BTC at a specific price, say $60,000, you can place a [Limit] order.

Once the market price reaches your specified amount of $60,000, your order will be executed, and you will find 0.1 BTC (excluding commission) credited to your spot account.

Step 5: Sell Crypto

To promptly sell your BTC, consider switching to a [Market] order. Enter the selling quantity as 0.1 to complete the transaction instantly.

For example, if the current market price of BTC is $63,000 USDT, executing a [Market] Order will result in 6,300 USDT (excluding commission) being credited to your Spot account immediately.

How to Trade Spot on MEXC (App)

Here’s how to start trading Spot on MEXCs App:

1. On your MEXC App, tap [Trade] on the bottom to head to the spot trading interface.

2. Here is the trading page interface.

1. Market and Trading pairs.
2. Real-time market candlestick chart, supported trading pairs of the cryptocurrency, “Buy Crypto” section.
3. Sell/Buy order book.
4. Buy/Sell Cryptocurrency.
5. Open orders.

3. As an example, we will make a "Limit order" trade to buy MX.

Enter the order placing section of the trading interface, refer to the price in the buy/sell order section, and enter the appropriate MX buying price and the quantity or trade amount.

Click [Buy MX] to complete the order. (Same for sell order)

How To Buy Bitcoin in under One Minute on MEXC

Buying Bitcoin on MEXC Website

1. Log in to your MEXC, click and select [Spot].

2. In the trading zone, pick your trading pair. MEXC currently offers support for popular trading pairs like BTC/USDT, BTC/USDC, BTC/TUSD, and more.

3. Consider making a purchase with the BTC/USDT trading pair. You have three order types to choose from: Limit , Market , Stop-limit, each with distinct characteristics.

Limit Price Purchase:

Specify your desired buying price and quantity, then click [Buy BTC]. Keep in mind that the minimum order amount is 5 USDT. If your set buying price significantly differs from the market price, the order may not be filled immediately and will be visible in the "Open Orders" section below.

Market Price Purchase:

Input your desired buying volume or filled amount, then click [Buy BTC]. The system will swiftly execute the order at the current market price, facilitating your Bitcoin purchase. Keep in mind that the minimum order amount is 5 USDT.

Stop-limit Order:

With stop-limit orders, you can pre-set trigger prices, buying amounts, and quantities. When the market price reaches the trigger price, the system will automatically place a limit order at the specified price.

Let’s consider the BTC/USDT pair. Suppose the current market price of BTC is 27,250 USDT, and based on technical analysis, you anticipate a breakthrough at 28,000 USDT initiating an upward trend. In this case, you can use a stop-limit order with a trigger price set at 28,000 USDT and a buying price set at 28,100 USDT. Once BTC reaches 28,000 USDT, the system will promptly place a limit order to buy at 28,100 USDT. The order may be filled at 28,100 USDT or a lower price. Note that 28,100 USDT is a limit price, and rapid market fluctuations might affect order execution.

Buying Bitcoin on MEXC App

1. Log in to the MEXC App and tap on [Trade].

2. Choose the order type and trading pair. Select from the three available order types: Limit , Market , and stop-limit. Alternatively, you can tap on [BTC/USDT] to switch to a different trading pair.

3. Consider placing a market order with the BTC/USDT trading pair as an example. Simply tap on [Buy BTC].

Frequently Asked Questions (FAQ)

What is Limit Order

A limit order is an instruction to buy or sell an asset at a specified limit price, which is not executed immediately like a market order. Instead, the limit order is activated only if the market price reaches the designated limit price or surpasses it favorably. This allows traders to aim for specific buying or selling prices different from the prevailing market rate.

For instance:

If you set a buy limit order for 1 BTC at $60,000 while the current market price is $50,000, your order will be promptly filled at the prevailing market rate of $50,000. This is because it represents a more favorable price than your specified limit of $60,000.
Similarly, if you place a sell limit order for 1 BTC at $40,000 when the current market price is $50,000, your order will be immediately executed at $50,000, as it is a more advantageous price compared to your designated limit of $40,000.

In summary, limit orders provide a strategic way for traders to control the price at which they buy or sell an asset, ensuring execution at the specified limit or a better price in the market.

What is Market Order

A market order is a type of trading order that is executed promptly at the current market price. When you place a market order, it is fulfilled as swiftly as possible. This order type can be utilized for both buying and selling financial assets.

When placing a market order, you have the option to specify either the quantity of the asset you want to buy or sell, denoted as [Amount], or the total amount of funds you wish to spend or receive from the transaction, denoted as [Total].

For instance, if you intend to purchase a specific quantity of MX, you can directly enter the amount. Conversely, if you aim to acquire a certain amount of MX with a specified sum of funds, like 10,000 USDT, you can use the [Total] option to place the buy order. This flexibility allows traders to execute transactions based on either a predetermined quantity or a desired monetary value.

What is the Stop-Limit Function and How to use it

A stop-limit order is a specific type of limit order used in trading financial assets. It involves setting both a stop price and a limit price. Once the stop price is reached, the order is activated, and a limit order is placed on the market. Subsequently, when the market reaches the specified limit price, the order is executed.

Here’s how it works:

Stop Price: This is the price at which the stop-limit order is triggered. When the asset’s price hits this stop price, the order becomes active, and the limit order is added to the order book.
Limit Price: The limit price is the designated price or a potentially better one at which the stop-limit order is intended to be executed.

It’s advisable to set the stop price slightly higher than the limit price for sell orders. This price difference provides a safety margin between the activation of the order and its fulfillment. Conversely, for buy orders, setting the stop price slightly lower than the limit price helps minimize the risk of the order not being executed.

It’s important to note that once the market price reaches the limit price, the order is executed as a limit order. Setting the stop and limit prices appropriately is crucial; if the stop-loss limit is too high or the take-profit limit is too low, the order may not be filled because the market price may not reach the specified limit.

The current price is 2,400 (A). You can set the stop price above the current price, such as 3,000 (B), or below the current price, such as 1,500 (C). Once the price goes up to 3,000 (B) or drops to 1,500 (C), the stop-limit order will be triggered, and the limit order will be automatically placed on the order book.

Note

Limit price can be set above or below the stop price for both buy and sell orders. For example, stop price B can be placed along with a lower limit price B1 or a higher limit price B2.

A limit order is invalid before the stop price is triggered, including when the limit price is reached ahead of the stop price.

When the stop price is reached, it only indicates that a limit order is activated and will be submitted to the order book, rather than the limit order being filled immediately. The limit order will be executed according to its own rules.

What is One-Cancels-the-Other (OCO) Order

A limit order and a TP/SL order are combined into a single OCO order for placement, known as an OCO (One-Cancels-the-Other) order. The other order is automatically canceled if the limit order is performed or partially executed, or if the TP/SL order is activated. When one order is manually canceled, the other order is also canceled at the same time.

OCO orders can help get better execution prices when buying/selling is assured. This trading approach can be used by investors who want to set a limit order and a TP/SL order at the same time during spot trading.

OCO orders are currently only supported for a few tokens, notably Bitcoin. We’ll use Bitcoin as an illustration:

Let’s say you wish to purchase Bitcoin when its price drops to $41,000 from its current $43,400. But, if the price of Bitcoin keeps rising and you think it will keep rising even after crossing $45,000, you would prefer to be able to purchase when it hits $45,500.

Under the "Spot" section on the BTC trading website, click [ᐯ] next to "Stop-limit," then choose [OCO]. Put 41,000 in the "Limit" field, 45,000 in the "Trigger Price" field, and 45,500 in the "Price" field in the left section. Then, to place the order, enter the purchase price in the "Amount" section and choose [Buy BTC].

How to View my Spot Trading Activity

You can view your spot trading activities from the Orders and Positions panel at the bottom of the trading interface. Simply switch between the tabs to check your open order status and previously executed orders.

1. Open orders

Under the [Open Orders] tab, you can view details of your open orders, including:

Trading pair.
Order Date.
Order Type.
Side.
Order price.
Order Quantity.
Order amount.
Filled %.
Trigger conditions.

To display current open orders only, check the [Hide Other Pairs] box.

2. Order history

Order history displays a record of your filled and unfilled orders over a certain period. You can view order details, including:

Trading Pair.
Order Date.
Order Type.
Side.
Average Filled Price.
Order Price.
Executed.
Order Quantity.
Order Amount.
Total amount.

3. Trade history

Trade history shows a record of your filled orders over a given period. You can also check the transaction fees and your role (market maker or taker).

To view trade history, use the filters to customize the dates.