MEXC ranks as the world's 8th largest exchange in the crypto futures trading category as of December 2024. It's become a go-to platform for crypto investors worldwide, and for good reason. Korean users particularly appreciate its Korean language support, straightforward registration process, and competitive trading fees that make it a solid alternative to Binance.
Getting started with MEXC is simpler than you might think. The whole process—from creating your account to completing identity verification—takes less than 10 minutes if you have your documents ready.
Start by heading to the MEXC registration page and click the Mobile button. Using your phone number as your login ID is easier to remember than an email address. When setting your password, make sure it includes at least one uppercase letter and one number.
Once you enter the six-digit verification code sent to your phone, your basic MEXC account is ready. But don't stop there—the next step unlocks some real benefits.
After the quick signup, you'll see a prompt to verify your identity. Click Verify Now to proceed to the KYC page. This step is crucial because it unlocks MEXC's trial funds and other platform benefits. Skip it and you'll miss out on free USDT that you can use to test trading strategies.
👉 Start trading on MEXC with verified account benefits and explore hundreds of crypto pairs
MEXC offers two verification levels: Basic and Advanced. The Advanced KYC includes facial recognition on top of ID verification. It sounds more complicated, but it's actually quite smooth. Click Start Verification to begin the process.
Choose which ID you want to use—national ID card, passport, or driver's license. Then upload photos of the front and back of your chosen document. Here's a tip: take fresh photos rather than using old files from your camera roll. Make sure the images are straight, nothing is cut off, and there's no glare covering any information.
The face scan works like setting up Face ID on your phone. Click Ready and position your face inside the circular frame on screen. Slowly rotate your head in a circle as the green progress bar fills up. The whole thing takes about 15 seconds.
After submitting everything, you'll see a confirmation page stating that review takes up to 24 hours. In reality, if your photos are clear and your face scan went smoothly, you'll be verified within 1-2 minutes. Much faster than the estimated time.
MEXC runs a rewards program that's especially helpful for newcomers to crypto futures trading. The platform offers trial funds—essentially practice money—so you can test futures trading without risking your own capital. It's a smart way to learn the mechanics and develop strategies before going live with real funds.
Only verified users can participate in this program. Here's how it works:
Complete your KYC verification first
Sign up during an active promotional period
Earn trial funds by completing simple tasks like making your first deposit, reaching certain trading volumes, or opening your first futures position
Each milestone you hit adds more trial funds to your account.
👉 Get started with MEXC's beginner-friendly futures trading platform and claim your trial funds
Can I withdraw trial funds immediately?
No, the trial funds themselves can't be withdrawn. However, any profits you make trading with those funds can be withdrawn. There are usually some conditions attached—like minimum trading volume requirements—so check the specific event details when you participate.
How long do trial funds last?
Trial funds typically expire after 7 days. Once that window closes, unused funds disappear automatically. You can check expiration times in the Rewards Center under "My Rewards." This section shows which events gave you funds and when each batch expires.
What happens after KYC verification?
Once your identity is verified, you unlock full platform features. You can deposit funds, trade spot and futures, participate in promotional events, and access higher withdrawal limits. The platform becomes fully functional for serious trading activity.
MEXC positions itself as a beginner-friendly exchange without sacrificing features that experienced traders need. The combination of low fees, extensive coin listings, and educational resources makes it practical for both learning and serious trading. Korean language support eliminates the confusion that often comes with international platforms, and the quick verification process means you can start trading the same day you sign up.
The trial funds program deserves special mention. It removes the fear factor from trying futures trading. You can experiment with leverage, test different strategies, and understand how liquidation works—all without touching your actual funds. By the time you're ready to trade with real money, you'll have a solid grasp of how everything functions.