Essential MEXC Order Types Demystified

MEXC is a global cryptocurrency exchange that offers a wide range of trading services, including spot trading, derivatives trading (such as futures), and various other financial products. This guide provides a neutral, beginner-friendly overview of its core features and trading mechanics.

To begin using the platform, you can Register here.

Core Features and Supported Assets

MEXC supports a vast selection of digital assets, often listing new and emerging tokens relatively early.

Spot Trading: Direct buying and selling of cryptocurrencies for immediate settlement.
Futures Trading: Derivatives trading allowing users to speculate on the future price of an asset using leverage.
M-Day: A feature often related to specific platform promotions or token sales.
Staking and Earning: Options for users to earn passive income on their holdings.

Fees Structure

MEXC employs a tiered fee structure based on the user's 30-day trading volume and the amount of MX (the native exchange token) held. Fees are generally competitive, covering both takers (who remove liquidity from the order book) and makers (who add liquidity).

Spot and Futures Basics

Spot Market

The Spot market allows users to exchange one cryptocurrency for another instantly at the current market price. This is the simplest form of trading on the platform.

Futures Market

The derivatives market allows for trading perpetual contracts, which do not expire. Trading futures often involves leverage, amplifying both potential gains and losses. Understanding how to read the order book is crucial here: How to Read a Futures Trading Order Book. For strategy guidance, new traders should review Mastering the Basics: Essential Futures Trading Strategies for Beginners".

Order Types Explained

Understanding order types is fundamental to executing trades precisely. The general principles apply across spot and futures markets, though specific options may vary. More details on general order types can be found at The Basics of Order Types in Crypto Futures Markets.

MEXC typically supports several key order types:

Limit Order: An order to buy or sell an asset at a specified price or better. It only executes if the market reaches that price.
Market Order: An order to buy or sell immediately at the best available current price. This ensures execution but not necessarily the desired price.
Stop Order: An order that becomes active only when a specified stop price is reached.
Conditional Order: Orders that execute based on predefined conditions being met.

The following table summarizes the most common types:

Order Type	Function	Execution Speed
Limit	Set a specific price	May not execute immediately
Market	Execute immediately at the best price	Instantaneous

Liquidity and Markets

MEXC generally maintains deep liquidity across its major trading pairs (like BTC/USDT and ETH/USDT), which helps ensure that large orders can be filled without causing significant price slippage. Users should check the volume within the Order book for less popular assets.

Security Practices

The exchange implements standard industry security measures, including:

Two-Factor Authentication (2FA) for logins and withdrawals.
Cold storage for the majority of user assets.
Anti-phishing codes.

Users are strongly encouraged to enable 2FA immediately upon registration.

KYC and Account Limits

KYC (Know Your Customer) verification levels often determine account withdrawal limits and access to certain features. Typically, basic trading might be available with minimal verification, but higher limits require full identity verification as detailed in KYC Requirements and Account Limits MEXC.

Funding and Withdrawals

Deposits (funding) are generally processed quickly once confirmed on the blockchain. Withdrawals require verification (often including 2FA and sometimes manual review depending on the amount) and are subject to network confirmation times and daily limits specific to the user's KYC level.

User Experience (UX)

MEXC provides trading interfaces accessible via:

Web Platform: A comprehensive desktop interface suitable for detailed analysis and futures trading.
Mobile Application: Available for iOS and Android, offering on-the-go access to spot and futures trading, funding, and account management.

Risks and Responsible Trading

Cryptocurrency trading, especially involving leverage in the futures market, carries substantial risk. Users can lose their entire investment. It is crucial to practice strict risk management, utilize stop-loss orders (see Stop-Loss and Position Sizing: Essential Risk Management Tools for Crypto Futures), and only trade with capital you can afford to lose. Never rely solely on one platform for all your assets.

First Steps Checklist

1. Register here and complete basic account setup. 2. Enable Two-Factor Authentication (2FA). 3. Complete necessary KYC verification if higher limits are required. 4. Deposit a small amount of crypto or fiat currency. 5. Practice placing a small limit order in the Spot market. 6. Review the fee schedule and withdrawal policies.

Recommended Futures Trading Platforms

Platform	Futures perks & welcome offers	Register / Offer
Binance Futures	Up to 125× leverage, USDⓈ-M contracts; new users can receive up to 100 USD in welcome vouchers, plus lifetime 20% fee discount on spot and 10% off futures fees for the first 30 days	Sign up on Binance
Bybit Futures	Inverse & USDT perpetuals; welcome bundle up to 5,100 USD in rewards, including instant coupons and tiered bonuses up to 30,000 USD after completing tasks	Start on Bybit
BingX Futures	Copy trading & social features; new users can get up to 7,700 USD in rewards plus 50% trading fee discount	Join BingX
WEEX Futures	Welcome package up to 30,000 USDT; deposit bonus from 50–500 USD; futures bonus usable for trading and paying fees	Register at WEEX
MEXC Futures	Futures bonus usable as margin or to pay fees; campaigns include deposit bonuses (e.g., deposit 100 USDT → get 10 USD)	Join MEXC

Join Our Community

Follow @startfuturestrading for signals and analysis.

🚀 Get 10% Cashback on Binance Futures

Start your crypto futures journey on Binance — the most trusted crypto exchange globally.

✅ 10% lifetime discount on trading fees
✅ Up to 125x leverage on top futures markets
✅ High liquidity, lightning-fast execution, and mobile trading

Take advantage of advanced tools and risk control features — Binance is your platform for serious trading.

Start Trading Now

Essential MEXC Order Types Demystified

Contents