How to trade on the MEXC exchange? Graphic trading process

To trade on MEXC, create an account, deposit funds, find the desired trading pair, place your order (limit or market), monitor it in the "Orders" tab, and withdraw profits after the order is filled.

Oct 10, 2024 at 04:48 pm

How to Trade on the MEXC Exchange: A Step-by-Step Guide with Pictures

Step 1: Create a MEXC Account

• Visit the MEXC website: https://www.mexc.com
• Click "Register" and follow the instructions to create an account.
• Verify your email and phone number.

Step 2: Deposit Funds

• Log in to your MEXC account.
• Click "Assets" > "Deposit" in the top menu.
• Select the cryptocurrency you want to deposit.
• Follow the instructions to generate a deposit address.
• Send your cryptocurrency to the deposit address provided.

Step 3: Find the Trading Pair

• Go to "Markets" in the top menu.
• Search for the trading pair you want to trade. For example, BTC/USDT.

Step 4: Place an Order

• In the trading pair page, select the type of order you want to place:

  • Limit Order: Allows you to specify the price you want to buy or sell at.
  • Market Order: Buys or sells an asset immediately at the best available price.
• Specify the amount of the asset you want to buy or sell.
• Enter the price or market value (for limit orders only).
• Click "Buy" or "Sell" to place the order.

Step 5: Monitor Your Order

• Your order will appear in the "Orders" tab within the trading pair page.
• You can track the status of your order, including whether it has been filled or partially filled.
• You can also cancel your order if desired.

Step 6: Withdraw Profits

• Once your order is filled and your profits are recorded, you can withdraw them.
• Click "Assets" > "Withdraw" in the top menu.
• Select the cryptocurrency you want to withdraw.
• Follow the instructions to add a withdrawal address.
• Enter the amount of cryptocurrency you want to withdraw.
• Click "Withdraw" to complete the process.

Additional Tips:

• Use a stop-loss order to protect your profits from sudden price drops.
• Set limit buy or sell orders to automate your trading strategies.
• Take advantage of MEXC's trading fees discounts for active traders.
• Conduct thorough research on the cryptocurrencies you want to trade.