MEXC exchange app novice currency purchase graphic tutorial

Novice crypto buyers can efficiently purchase coins on the MEXC app by selecting a currency, inputting an amount, and placing a market or limit order.

Oct 11, 2024 at 06:00 pm

MEXC Exchange App Novice Cryptocurrency Purchase Guide

1. Download and Install the MEXC App

• Visit the official MEXC website or app store to download the app.
• Open the app and register for an account.

2. Fund Your Account

• Click on "Buy Crypto" in the app menu.
• Select a preferred payment method (e.g., bank transfer, credit/debit card).
• Enter the desired purchase amount and currency.
• Complete the payment process as per your chosen method.

3. Search and Select a Cryptocurrency

• Once your account is funded, click on "Market" in the app menu.
• Use the search bar to find the cryptocurrency you wish to purchase (e.g., Bitcoin, Ethereum).
• Select the desired cryptocurrency.

4. Place a Purchase Order

• The market page will display the current market price of the cryptocurrency.
• Enter the amount or number of coins you wish to buy.
• Choose between a "Market Order" (instant execution) or a "Limit Order" (execution at a specified price).
• Click on "Buy" to place the order.

5. Execute Your Order

• If you placed a Market Order, your order will be executed immediately at the best available market price.
• If you placed a Limit Order, the order will be queued until the price reaches the specified limit.
• You can track the progress of your order under the "Orders" tab in the app menu.

6. Store Your Cryptocurrency

• Once your purchase order is executed, the cryptocurrency will be credited to your MEXC wallet.
• You can transfer the cryptocurrency to a separate hardware or software wallet for enhanced security.

Additional Tips:

• Verify your identity on MEXC for increased account limits and security features.
• Monitor market trends and research different cryptocurrencies before making a purchase decision.
• Store your private keys and seed phrases securely.
• Only invest what you can afford to lose, as cryptocurrency markets can be volatile.