MEXC Global is a centralized crypto-asset trading platform. It was established in 2018 based in Seychelles. Most of the team is based in Singapore. MEXC Global serves more than 6 million members in more than 70 countries.
MEXC Global experienced rapid growth especially in 2019. It has compliance licenses in 5 countries, including Switzerland, Canada, Estonia, Australia and the United States. Aiming to be the world’s most preferred altcoin exchange, MEXC supports over 200 crypto assets.
So far, there have been no security issues on the MEXC exchange. SlowMist provides cybersecurity audits and protection to the MEXC exchange. Palmim and Knownsec security companies also protect assets on the exchange. MEXC is a pretty solid platform for traders and investors of all types.
What are the MEXC Global Advantages and Disadvantages?
While MEXC has some of the best possible options to offer its users, it also has a few areas where improvements can be made. Accordingly, if we examine the advantages and disadvantages of the MEXC exchange:
Advantages
- Cryptocurrency trading is done quickly.
- There are apps available for Android, iOS and Windows users.
- It has customer service support with multilingual feature.
- MEXC not only offers spot trading and margin trading, but also has futures market and ETF indices.
- There is support for more than 1,520 crypto assets.
- Various trading markets exist.
- There are staking options for several cryptocurrencies.
- It has a design with easy registration and an understandable interface.
- MEXC has a feature called Copy Trading that allows users to fully automatically copy the trades of people they choose to follow.
- Various programs are available for extra earnings.
Disadvantages
- A limited number of cryptocurrencies are available for quick purchase.
- There are no fiat withdrawals.
