how to buy eth on mexc

To acquire Ethereum (ETH) on MEXC, simply create an account, verify your identity, fund your account, select the ETH/USDT pair, place a buy order, and track it for execution upon reaching your desired price or for an instant purchase.

Oct 26, 2024 at 01:36 pm

How to Buy ETH on MEXC

MEXC is a centralized cryptocurrency exchange that allows users to buy, sell, and trade various digital assets, including Ethereum (ETH). Here is a step-by-step guide on how to buy ETH on MEXC:

1. Create an Account:
Visit the MEXC website (mexc.com) and click on the "Register" button. Provide your email address, create a password, and enter the referral code (optional).

2. Verify Your Identity:
To comply with anti-money laundering (AML) regulations, MEXC requires users to complete the Know-Your-Customer (KYC) verification process. You will need to provide your personal information, such as your full name, address, phone number, and a government-issued ID.

3. Fund Your Account:
Once your account is verified, you need to fund it in order to buy ETH. MEXC supports various deposit methods, including bank transfer, credit/debit card, and cryptocurrency deposits. Choose the preferred method and follow the instructions provided.

4. Place a Buy Order:
Navigate to the "Markets" section and select the ETH/USDT trading pair. On the order form, choose "Buy ETH" and enter the amount of ETH you want to buy. You can set the order type (e.g., limit, market) and price.

5. Confirm and Execute:
Review the order details carefully and ensure the price and quantity are correct. Click on the "Buy ETH" button to execute the order.

6. Track Your Order:
Once you have placed the order, you can track its progress in the "Orders" section. The order will be filled when the market price reaches your desired price or if you have chosen a market order.

7. Withdrawal:
After your order is filled, the ETH will be credited to your MEXC wallet. You can withdraw the ETH to your external wallet or hardware wallet by clicking on the "Withdraw" button and following the instructions.

Additional Tips:

• Consider market fluctuations and use limit orders to avoid slippage.
• Choose a secure and reputable cryptocurrency exchange like MEXC for safe trading.
• Store your ETH in a hardware wallet or offline wallet for enhanced security.
• Be aware of the trading fees charged by MEXC before placing an order.