MEXC is a trusted platform that makes buying digital assets easy, even for beginners. This step-by-step guide will walk you through everything. We’ll cover creating your account and buying your first BTC.
Table of Contents
How to Buy Bitcoin on MEXC?
A Quick Guide to Buying Bitcoin (BTC) on MEXC:
- Set Up Your Account: Start by creating an account on the MEXC app or website. The registration process is quick and straightforward.
- Choose Your Preferred Payment Method: Decide how you want to purchase Bitcoin. MEXC has various options. You can use credit or debit cards, P2P trading, and third-party payment methods.
- Make Your Purchase on the Spot Market: Head to the MEXC spot market to buy Bitcoin at real-time market prices.
- Store Your Bitcoin: After buying BTC, keep it safe on MEXC or move it to an external crypto wallet for better control and security.
MEXC (Zero Fees & No KYC Trading)
- Top Features: Derivatives Trading, Spot, Launchpad, Earn, Demo Trading
- Supported Coins: 2200+ tradable assets including BTC and ETH
- Trading Fees: 0% (No fees)
- Deposit methods: Global bank transfer, Simplex, Banxa, and more
Step 1: Create an Account on the MEXC App or Website
To start buying Bitcoin on MEXC, the first step is to create an account. What sets MEXC apart is its no-KYC (Know Your Customer) policy. You can skip the long identity verification. Start trading without uploading ID documents. This saves time and makes setup easy.
Getting started is simple:
- Visit the MEXC website or download the app, available for both iOS and Android devices.
- On the website, choose email or mobile registration, enter your details, and set a strong, secure password.
- If you’re on the app, just tap “Sign Up,” provide your information, and create a password.
After you register, log in to your MEXC account. Then, you can start exploring ways to buy Bitcoin.
Exclusive Signup Bonus Use the MEXC referral code 2YUvQ when you register. This unlocks a $1000 USDT signup bonus. Plus, you get a 50% discount on trading fees.
It’s the perfect way to kickstart your crypto journey.
Step 2: Choose How You Want to Buy Bitcoin (BTC)
MEXC offers several ways to buy Bitcoin, each suited to different needs. To explore these options, click the “Buy Crypto” link in the top-left menu. You’ll find various ways to purchase BTC based on your location and payment method.
MEXC makes buying easy with choices like credit or debit cards, peer-to-peer (P2P) trading, third-party payment services, and direct USDT deposits for more flexibility.
Buy Bitcoin via Credit/Debit Card
To purchase Bitcoin on MEXC using a credit or debit card, follow this simple process. Begin by navigating to the “Buy Crypto” section in the app or on the website. From there, select the “Credit/Debit Card” option.
MEXC supports both Visa and MasterCard, providing a convenient and accessible choice for users globally.
After choosing your card type, you’ll need to link it to your MEXC account by securely entering the necessary details. Once your card is linked, decide on the fiat currency you’d like to use for your purchase. MEXC currently accepts a range of currencies, including EUR, GBP, USD, and more, ensuring flexibility for its users.
Enter the amount of fiat currency you want to spend, and the system will instantly calculate the equivalent amount of Bitcoin based on live market rates.
To finalize the purchase, follow the instructions provided by your bank to verify the payment. Once the transaction is complete, your Bitcoin will appear in your MEXC wallet within minutes, ready for use or transfer.
Buy BTC Using P2P Trading
MEXC’s peer-to-peer (P2P) service lets you buy Bitcoin directly from other users. It’s great for those who want direct transactions. The feature supports many local payment methods to fit your needs.
To start, go to the “P2P Trading” section under “Buy Crypto.” You’ll see a list of offers from other MEXC members. Each offer shows payment options and exchange rates. Pick the offer that suits you, enter the amount of Bitcoin you want, and follow the instructions to complete the transaction.
Every P2P transaction on MEXC has escrow protection. This keeps the seller’s Bitcoin safe until the payment is confirmed. It gives both parties peace of mind.
Buy BTC Using Third-Party Payment Methods
MEXC has teamed up with services like Simplex, Banxa, and Mercuryo. This partnership adds more payment options for buying Bitcoin. It’s helpful if your bank or region doesn’t allow direct card transactions on MEXC.
To use this method, go to the “Buy Crypto” section. Choose a third-party provider. Enter how much fiat currency you want to spend. The system will show you the Bitcoin amount based on the current market rate. Then, follow the steps from the chosen service to finish your purchase. After payment is processed, your BTC will go directly to your MEXC wallet.
Deposit USDT and Buy Bitcoin (BTC)
Another flexible way to buy Bitcoin on MEXC is to first deposit USDT (Tether). Then, you can convert it into Bitcoin using the platform’s spot market. This method avoids fiat transactions, giving crypto enthusiasts more options.
To start, go to your MEXC wallet and click “Deposit.” Select USDT as your deposit currency. You’ll see support for various blockchain networks. This lets you choose your deposit based on fees and speed, ensuring a smooth experience.
Once your USDT deposit is credited to your wallet, go to the “Spot Market.” Search for the BTC/USDT trading pair. Here, you can place a buy order for Bitcoin at the market price or set a limit order to trade at a specific rate.
Step 3: Store BTC on MEXC or Transfer to Crypto Wallet
After buying Bitcoin, choose to keep it on MEXC for ease or move it to an external wallet for better security.
Store Bitcoin on the MEXC Wallet
Storing Bitcoin in your MEXC account is smart for quick trading or transactions. MEXC ensures secure storage in its wallet.
If you want to earn passive income, MEXC has “Earn” products. These include savings and staking, which help you grow your Bitcoin by earning interest.
Transfer Bitcoin to an External Wallet
If you want full control of your Bitcoin, transfer it to an external wallet. You can choose either hardware or software.
To transfer, go to the “Withdraw” section in your MEXC account. Select Bitcoin (BTC) and enter your external wallet address. Make sure the address is correct. Blockchain transactions cannot be reversed. After you confirm the transaction, MEXC will process the withdrawal. Your Bitcoin will be credited to your external wallet after the required network confirmations.
Step 4: Start Trading Bitcoin Futures on MEXC
MEXC offers a dynamic futures trading platform that lets you speculate on Bitcoin prices. With futures trading, you can go “long” if you think prices will rise or “short” if you expect them to fall. There’s up to 200x leverage for greater exposure.
To start, go to the “Derivatives” section on the MEXC homepage and select “Futures.” You can trade Bitcoin perpetual contracts, either USDT-margined or coin-margined. Choose the contract type that fits your needs and set your leverage based on your risk tolerance.
After entering your position, watch for price trends and changes. To manage risks, you can set stop-loss and take-profit orders for a more controlled trading experience.
Is MEXC Safe to Buy Crypto?
MEXC is a secure platform for buying cryptocurrency. Since it started, it has built a strong reputation for safety and has no major breaches. The platform offers several protective features to keep user accounts and funds safe.
Key security measures include two-factor authentication (2FA), anti-phishing codes, and withdrawal whitelists. These features give users multiple layers of protection. MEXC also provides 24/7 customer support, so help is always available if needed.
For more details on its security, check our in-depth overview of MEXC’s safety measures and reliability as an exchange.
Conclusion
Buying crypto on MEXC is easy. You can use credit cards, P2P trading, and third-party payments. Since MEXC has no KYC requirement, you can set up quickly and choose flexible purchase options. After buying BTC, keep it on MEXC or move it to a personal wallet for more security.
With MEXC’s safe platform and user-friendly features, you can manage and grow your crypto portfolio with confidence. Check out MEXC’s options and start trading today to maximize your Bitcoin investment journey.
Related: Is MEXC available in the US?
FAQs: Buying Cryptocurrencies on MEXC
How to buy BTC on the MEXC Exchange app?
To buy Bitcoin on the MEXC app, first download it from the iOS or Android store. Then, register for an account. After logging in, go to the “Buy Crypto” section. You’ll see options like credit/debit cards, P2P trading, and third-party payments. Choose the method that suits you best based on your preferences and location. Enter the amount of Bitcoin you want. Confirm the transaction, and the BTC will be added to your MEXC wallet soon after.
Can I buy cryptocurrencies on the MEXC exchange without KYC?
MEXC makes buying and trading cryptocurrencies easy. Users can sign up and start trading without KYC (Know Your Customer) verification. This no-KYC policy means you don’t need to show identity documents, allowing for a quick setup. However, some payment methods from third-party providers might still require KYC verification.
Does MEXC support buying Bitcoin with fiat currencies?
Yes, MEXC lets users buy Bitcoin and other cryptocurrencies with fiat money. You can use credit and debit cards, and it accepts currencies like USD, EUR, and GBP. To make it easier for users in different areas, MEXC works with third-party services like Simplex and Banxa.
Just select your fiat currency, enter how much you want to buy, and confirm the transaction. Once it’s done, the Bitcoin goes straight to your MEXC wallet. This makes for a smooth and easy experience.
