This is one of the top cryptocurrency platforms for exchange. A centralized platform with innovative and optimistic projects, it has licenses in Switzerland, Canada, Australia, and the US. It has featured around 371 coins with a standard business volume of about $4 Billion.
This guide hopes to equip new users with noteworthy information about the platform before signing up.
What is it
The exchange was launched in 2018 in Seychelles, East Africa. Technically, it can be seen as a consolidated cryptocurrency exchange, that is gaining rapid popularity among cryptocurrency users across the globe. Its team members have good standing experience in blockchain and fiscal industries.
How it works
The cold storage wallet which protects the security of funds on the exchange was designed to manage $500 million worth of cryptocurrency deposits. The Exchange recommends the use of 2-factor authentication, either by mobile phone or Google.
Exchange features
The following are some key features of the exchange:-
Payback to the blockchain community
From the merchandising fees, 60 percent will be dealt out to users as a bonus, while 40 percent would be used to purchase and burn local tokens monthly.
User Friendly
Allows token holders to decide the functionality of the blockchain community
Registration process
Registering on the site is easy and quite simple. Follow the steps listed below:-
- Download the MXC Pro app, open it, and click “Register”
- Choose either to register by “Email” or “Phone”
- Fill in your mobile number, email, and login code, and click “Enter”
- Click “Get code” to receive an SMS code
- Finally, click on “Sign Up,” to successfully register
How to buy and sell cryptocurrencies
To trade Cryptocurrencies on the site, follow the steps below:
- Sign in to the website at www.mexc.com and in the search bar, enter the desired crypto you wish to trade
- You can choose to enter a certain price in the space provided or simply select one from the price list on the left.
- Enter the quantity you want to buy/ sell.
- Now click Buy/Sell.
Exchange fees
The Exchange charges 0.2 percent on every transaction you make. Deposits are free, but withdrawals are subjected to the transaction fees of the blockchain network being used.
Accepted payment methods
Varieties of payment methods are used on the site. For instance:
- Alipay
- Skrill
- Bank transfer
- Advcash, etc.
It also allows various instant payment methods such as bank cards and apple pay
Supported cryptocurrencies
The platform supports the following Cryptocurrencies when trading:
- MX Token (MX)
- Bitcoin (BTC)
- Ethereum (ETH)
- Eos (EOS)
- Bitcoin Cash (BCH)
- Tron (TRX)
- Ripple (XRP)
- Bitcoin SV (BSV)
- Ethereum Classic (ETC)
- Dogecoin (DOGE)
- Dash (DASH)
- Chainlink (LINK), etc
Exchange security and user protection
MXC Exchange offers failsafe and state-of-the-art security protocols on its site. With a newly installed dyed-in-the-wool and high-tech security risk control system and an anti-DDOS system, they provide security and ensure the safety of Cryptocurrencies in holders’ accounts. It stores all digital properties in a cold wallet, accompanied by every investor in each facet.
Customer support services
All-day responsive customer service and a comprehensive frequently asked questions (FAQ) Section are available on the site when users want information or lodge complaints. Users can search for anything using the search function available. Other customer support options are regular chat and email support when dealing with face-to-face contact. Users can also reach out on their social media accounts for answers to inquiries. To get a better insight into how the platform works, you can send a mail to their customer service support on the website and your questions would be answered.
