If you’re curious about MEXC’s availability in the United States, you’re not alone. MEXC offers a wide range of cryptocurrencies, low fees, and no-KYC options, making it popular globally.
But US users hit a major hurdle. Due to local laws and restrictions, MEXC blocks access for users in the United States. When they try to sign up or trade, they often see an error message. This leaves US users without a clear way to join.
Still, some have discovered workarounds. Many use VPNs to get around location blocks. A VPN masks your IP address, letting you access MEXC while keeping your privacy safe.
In this guide, we’ll show US users how to deal with MEXC’s restrictions. From setting up a VPN to keeping your information secure, here’s what you need to trade on MEXC from the United States.
Table of Contents
What is MEXC Exchange?
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
Founded in 2018, MEXC has quickly become a top cryptocurrency exchange worldwide. It has over 15 million users. Its strength is in its wide selection—more than 2,200 cryptocurrencies and 2,650 trading pairs, including popular coins like Bitcoin, Ethereum, and Dogecoin.
A key feature of MEXC is its low trading costs. Makers pay zero fees for spot trading. Takers face a small fee of just 0.01%. Futures trading fees are also low, ranging from 0% to 0.05%.
MEXC is designed for both beginners and seasoned traders. It offers innovative features, such as high-leverage futures trading up to 200x. Users can also use trading bots for automation. Unique tools like copy trading and the “Earn” program let users follow expert traders or earn passive income through staking.
For convenience, MEXC has flexible deposit options. It supports over 20 fiat currencies, including USD, EUR, and GBP. Users can deposit via credit cards, Apple Pay, and bank transfers, making it easy for anyone to join.
Can You Use MEXC in the US?
MEXC limits US-based users from accessing the platform directly. Many users have found ways to bypass these restrictions using tools like Virtual Private Networks (VPNs). A VPN hides your IP address, making it look like you’re accessing the platform from another country. This method can grant access, but it’s important to prioritize security and follow the law.
You’ll likely encounter a restriction notice stating:
Based on your IP address and nationality, it appears you are in a country or region where MEXC’s services are not available. As outlined in MEXC’s terms of service, our platform does not support users in your location. If you have any questions, please reach out to MEXC Customer Service for further assistance.
MEXC does not officially serve users in the United States due to regulatory restrictions. This can be disappointing for those wanting to explore MEXC’s wide range of cryptocurrencies and advanced trading tools.
However, some users consider workarounds, like using Virtual Private Networks (VPNs). These can help mask their location and access MEXC. Still, this method has risks, including legal issues and security concerns. It’s important to think carefully about these factors before moving forward.
Related: Is MEXC a safe exchange?
How to Use MEXC in the US? 5 Steps
Despite the restrictions, some users in the US turn to specific methods to access MEXC’s features. While these approaches can work, it’s crucial to understand the associated risks and prioritize safety. Here’s how you can potentially use MEXC while based in the US:
Disclaimer: These steps are informational and meant to guide you on technicalities; always be aware of the legal risks involved.
Step 1: Get a VPN and Set it to a Non-US Country
For US users, accessing MEXC requires using a VPN (Virtual Private Network). A VPN masks your IP address. This makes it seem like you’re connecting from a place where MEXC isn’t restricted.
- Install a Reliable VPN Service: First, choose a trusted VPN provider. Look for one with strong security and privacy features. Popular options include NordVPN and ExpressVPN. They help you navigate restricted platforms safely.
- Set the VPN to a Supported Country: Next, connect to a server in a country where MEXC is available, like India or Vietnam. This ensures your connection works with MEXC.
Using a VPN lets you bypass MEXC’s location restrictions. But remember to prioritize your safety. Always pick a reliable VPN and follow best practices to keep your security and privacy intact while using the platform.
Step 2: Create an Account on MEXC
If you want to use MEXC in the United States, follow these steps:
- Turn on Your VPN: First, activate a trusted VPN service. This masks your IP address and helps you bypass MEXC’s regional restrictions. Good options include NordVPN or ExpressVPN for strong security and privacy.
- Visit the MEXC Website or Download the App: Go to MEXC’s official website or download the app to start.
- Register with Your Email: Enter your email and create a strong password. Complete the registration. Keep your VPN on to avoid access issues.
- Complete Basic Verification: MEXC’s no-KYC (Know Your Customer) policy means you don’t need to share much personal info. However, you must verify your email to activate your account.
MEXC’s no-KYC policy is a big plus. It lets you trade and manage assets without giving detailed personal information. Keep in mind, though, that non-KYC accounts have a daily withdrawal limit of 10 BTC. When signing up, use our MEXC referral code 2YUvQ for a $1,000 sign-up bonus and a 30% lifetime discount on trading fees.
Step 3: Deposit Crypto Assets
For US users, funding your MEXC account is easier if you hold cryptocurrency in an external wallet. Here’s a simple guide to get started:
- Access the MEXC Wallet Section: Go to the wallet section on MEXC and select the deposit page. This is where you start the transfer process.
- Select Your Preferred Cryptocurrency: Choose the asset you want to deposit, like Bitcoin (BTC), Ethereum (ETH), or USDT. MEXC supports many cryptocurrencies, making it easy for different portfolios.
- Copy the Wallet Address: MEXC will give you a unique wallet address for each cryptocurrency. Copy this deposit address. Use it to send funds from your external wallet or an exchange like Coinbase.
By choosing crypto deposits, you can avoid the fiat currency restrictions for US users. This ensures a smooth transaction experience on the platform. Remember, MEXC does not support fiat deposits for US users, so cryptocurrency is the best funding option.
Step 4: Start Using MEXC as an American Trader
Once you fund your account, you can explore MEXC’s trading features. Here’s how to begin:
- Explore Trading Options: MEXC provides various trading options. You can try spot trading, high-leverage futures, or copy trading. There are more than 2,500 cryptocurrencies. You can find options that fit your investment goals.
- Keep Your Account Safe: Always use your VPN to get around regional limits with MEXC. Use MEXC’s security features, like two-factor authentication (2FA). This helps protect your account and assets.
Step 5: Buy Crypto on MEXC in America
Once your account is funded, you can start trading on MEXC. Just follow these simple steps to buy crypto:
- Access the Trading Section: Go to the spot or futures trading area, based on your choice. If you want high-risk, high-reward chances, MEXC’s futures trading has leverage up to 200x.
- Choose Your Trading Pair: Pick the cryptocurrency pair you want to trade, like BTC/USDT or ETH/USDT. MEXC offers many trading pairs to fit your investment strategy.
- Complete Your Purchase: Enter the amount you wish to buy, check the details, and confirm the transaction to finish your trade.
Does MEXC Require KYC?
One of MEXC’s standout features is its no-KYC (Know Your Customer) policy. Unlike many other exchanges, MEXC doesn’t need users to submit personal ID documents for basic account use. This policy boosts accessibility and appeals to those who value privacy and want to keep their data confidential.
As a non-KYC user, you can still access most of MEXC’s features. However, remember that there’s a daily withdrawal limit of 10 BTC. Despite this cap, the no-KYC policy is a major attraction for users who prioritize privacy in trading.
Can I Trade Futures on MEXC?
You can trade futures on MEXC even if you use a VPN, including from the US. MEXC’s futures trading platform gives users a big advantage with high-leverage options. You can get up to 200x leverage on Bitcoin (BTC) and Ethereum (ETH). Many altcoins offer 100x leverage. This allows you to take long or short positions based on your market strategy. You can choose from over 300 cryptocurrencies.
Risks of Using MEXC U.S.
Accessing MEXC from the US may seem possible with a VPN, but be aware of the risks:
- Account Restrictions: MEXC watches for users in restricted areas like the US. If they detect a US IP address, your account could face restrictions, freezes, or even closure.
- Legal Uncertainty: Using restricted exchanges like MEXC raises legal questions. US laws ban trading on platforms that don’t follow local financial rules, putting users in a gray area.
- Limited Customer Support: If you have technical issues or need help, MEXC may not assist accounts thought to be from the US. This can leave users without vital support on the platform.
Knowing these risks is key before using MEXC from the US, so you can make informed trading decisions.
Final Thoughts
You can use MEXC in the United States, but there are some important steps and considerations. MEXC offers 2,500 cryptocurrency trading options and a no-KYC policy, making it attractive for traders who value privacy. Still, US users face restrictions that can create challenges. As a result, many rely on VPNs to access the platform.
This guide provides helpful information. It’s important to consider legal issues and weigh both the risks and benefits before using MEXC from the US. By understanding your options and their implications, you can make a smart choice that fits your trading goals.
FAQs
Which countries can use Mexc?
MEXC is accessible in most parts of the world. Currently, MEXC does not provide Services, nor do they accept the registration of Users or trade applications, in the following countries: North Korea, Cuba, Sudan, Syria, Iran, Mainland China, Singapore, the United States, the United Kingdom, Hong Kong, Russian-controlled regions of Ukraine (currently including the Crimea, Donetsk, and Luhansk regions), Sevastopol, and Canada.
Is MEXC safe for US crypto traders?
MEXC offers strong security features like cold wallet storage, multi-signature wallets, and anti-DDoS protection. This shows its commitment to keeping users’ funds safe. However, U.S. regulatory issues add complexity. MEXC is available to U.S. traders, but it lacks formal U.S. licenses. As a result, U.S. users should use VPNs to access the platform. This absence of regulatory compliance may pose some risks for U.S. users.
What are the trading fees on MEXC?
One of MEXC’s standout features is its zero-fee structure for spot trades. This is rare among crypto exchanges and helps users save on trading costs. For futures trading, MEXC also has a competitive fee structure. It charges no fees for makers and a low 0.01% fee for takers. This makes MEXC a great choice for traders looking to cut expenses.
Unlike many exchanges, MEXC doesn’t offer volume-based discounts. This means trading fees stay the same, even if your trading volume goes up. However, the already low fees still provide good value for traders at all levels.
How does MEXC compare to other crypto exchanges in the US?
MEXC has a wider selection of cryptocurrencies—over 2,500—than Coinbase. This appeals to seasoned traders looking for advanced options, such as perpetual futures and copy trading. Its zero-fee spot trading is perfect for those who want to keep costs low.
In contrast, Coinbase shines with its simple interface. This makes it a better option for beginners and U.S. users who value a regulated platform. Coinbase offers discounts on trading fees based on volume. But MEXC stands out with its low fees and wide range of trading options.
