How to Reduce Trading Fees on MEXC

This guide covers MEXC features like MX token holdings, VIP levels, and payment options to lower trading fees. Implement these to reduce costs on spot and futures trades.

πŸ“Š Core Fee Reduction Features

MEXC reduces fees through MX token holdings in your spot account, which qualify you for tiered spot trading discounts. VIP levels, determined by 30-day trading volume or average MX assets, apply reductions to maker and taker rates across spot, futures, and other products. Paying fees directly with MX offers further savings on eligible trades.

[ πŸ‘‰ Open MEXC Account ]

πŸ“‹ Steps to Activate MX and VIP Discounts

1) Log into MEXC and go to Assets > Spot to buy or transfer MX tokens.
2) Hold MX in Spot Account for the required period to qualify for discounts.
3) Navigate to Account > MX Deduction Settings and enable MX payment for fees.
4) Check VIP status in Account Center; trade spot or futures to build volume.
5) Monitor and maintain holdings or volume to stay in higher VIP tiers.

βœ… Pros

βœ” MX holdings apply automatic spot fee tiers

βœ” VIP levels cover spot, futures, and margin fees

βœ” MX fee payment option stacks with VIP discounts

βœ” Volume-based VIP upgrades without MX purchase

βœ” Referral program provides trading fee rebates

⚠️ Cons

βœ– VIP tiers require sustained volume or MX averages

βœ– MX must remain in spot for ongoing qualification

βœ– Futures fees follow separate VIP schedules

βœ– Discounts vary by trading pair and product

πŸ”₯ Start Trading on MEXC

πŸ’¬ Final Thoughts

Verify your VIP level and MX deduction status in Account Center. Set up 2FA and anti-phishing code, then start trading with MX holdings to apply reductions.