How to buy and sell coins on the MEXC exchange? Detailed steps

For easy cryptocurrency trading, the MEXC Exchange offers a comprehensive platform where users can register, fund accounts, buy and sell coins, and withdraw funds.

Oct 06, 2024 at 01:05 pm

How to Buy and Sell Coins on the MEXC Exchange: A Comprehensive Guide

1. Registration and Verification

• Visit the MEXC website and click "Register" in the top right corner.
• Enter your email or mobile number and create a password.
• Complete the KYC (Know Your Customer) process to verify your identity and increase withdrawal limits.

2. Funding Your Account

• On the "Deposit" page, select the cryptocurrency you wish to deposit.
• Generate a deposit address or scan the QR code.
• Transfer the funds from your external wallet to the MEXC deposit address.

3. Buying Coins

• Navigate to the "Trade" page.
• Select the trading pair you're interested in (e.g., BTC/USDT).
• Enter the amount of the base cryptocurrency (e.g., BTC) you want to buy.
• Choose a buy order type (Market, Limit, or Stop-Limit).
• Confirm your order and it will be executed.

4. Selling Coins

• Select the trading pair you want to sell from (e.g., BTC/USDT).
• Enter the amount of the quote cryptocurrency (e.g., USDT) you want to receive.
• Choose a sell order type (Market, Limit, or Stop-Limit).
• Confirm your order and it will be executed.

5. Withdrawing Funds

• On the "Withdraw" page, select the cryptocurrency you wish to withdraw.
• Enter the withdrawal address of your external wallet.
• Enter the amount you want to withdraw.
• Confirm the withdrawal and it will be processed.

Additional Tips:

• Use Limit Orders to buy or sell coins at a specific price.
• Monitor market trends and use technical analysis to make informed decisions.
• Store your coins securely in a hardware or software wallet.
• Be aware of trading fees and withdrawal fees.
• Contact MEXC customer support for any further assistance.