What are the fees for trading on MEXC Exchange?

4 answers

• Nov 26, 2021 · 3 years ago
  Sure! When trading on MEXC Exchange, you will encounter different fees depending on whether you are a maker or a taker. Makers are those who provide liquidity to the market by placing limit orders that are not immediately matched with existing orders. Takers, on the other hand, are those who remove liquidity from the market by placing market orders that are immediately matched with existing orders. For makers, MEXC Exchange charges a fee of 0.10% per transaction. For takers, the fee is slightly higher at 0.15% per transaction. These fees are based on the trading volume in the last 30 days and may be subject to change. It's important to note that MEXC Exchange also offers a fee discount program based on the user's trading volume and the amount of MX tokens held in their account. The more you trade and the more MX tokens you hold, the higher the fee discount you can enjoy. Overall, MEXC Exchange provides competitive fees for trading cryptocurrencies, especially for makers who contribute to the liquidity of the market.
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• Nov 26, 2021 · 3 years ago
  The fees for trading on MEXC Exchange are quite reasonable compared to other exchanges in the industry. Makers are charged a fee of 0.10% per transaction, while takers are charged a fee of 0.15% per transaction. These fees are relatively low, making MEXC Exchange an attractive option for traders. In addition to the trading fees, MEXC Exchange also charges withdrawal fees for transferring your funds out of the exchange. The withdrawal fees vary depending on the specific cryptocurrency you are withdrawing. It's recommended to check the withdrawal fees on the MEXC Exchange website or platform before making any withdrawals. Overall, MEXC Exchange offers competitive trading fees and provides a user-friendly platform for cryptocurrency trading.
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• Nov 26, 2021 · 3 years ago
  As an expert in the field, I can tell you that MEXC Exchange is known for its transparent fee structure. The exchange charges a maker fee of 0.10% and a taker fee of 0.15% per transaction. These fees are relatively low compared to other exchanges, making MEXC Exchange an attractive option for traders. It's worth mentioning that MEXC Exchange also offers a fee discount program called BYDFi. BYDFi is a third-party platform that provides additional benefits to MEXC Exchange users. By holding a certain amount of MX tokens and meeting specific trading volume requirements, users can enjoy even lower trading fees on MEXC Exchange. In summary, MEXC Exchange has competitive trading fees and provides users with the opportunity to further reduce their fees through the BYDFi platform.
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• Nov 26, 2021 · 3 years ago
  When it comes to trading fees on MEXC Exchange, they are quite reasonable. Makers are charged a fee of 0.10% per transaction, while takers are charged a fee of 0.15% per transaction. These fees are in line with industry standards and are comparable to other popular exchanges. In addition to the trading fees, MEXC Exchange also charges withdrawal fees for transferring your funds out of the exchange. The withdrawal fees vary depending on the specific cryptocurrency you are withdrawing. It's important to note that the withdrawal fees are subject to change and it's recommended to check the latest fees on the MEXC Exchange website or platform. Overall, MEXC Exchange offers competitive trading fees and provides a reliable platform for cryptocurrency trading.
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