How to reduce trading fees on MEXC using MX tokens? (Fee Discount)

MX Token Holding Requirements for Fee Discounts

1. Users must hold a minimum balance of MX tokens in their MEXC spot wallet to qualify for trading fee reductions.

2. The discount tiers are determined by the 30-day average MX balance, not the instantaneous balance at the time of trade.

3. Balances are calculated daily and averaged over the preceding 30 calendar days, with updates reflected on the user’s fee discount page every 24 hours.

4. MX tokens held in futures wallets, margin accounts, or staking contracts do not count toward the required holding threshold.

5. Users who meet the threshold automatically receive the corresponding discount without manual activation or application.

Fee Discount Tiers Based on MX Holdings

1. Holding 1,000–9,999 MX grants a 10% reduction on standard maker and taker fees.

2. Holding 10,000–99,999 MX provides a 20% discount, applicable across all spot trading pairs.

3. Holding 100,000–499,999 MX unlocks a 30% discount, including reduced fees for OTC and P2P transactions.

4. Holding 500,000–1,999,999 MX qualifies users for a 40% discount, extending to API-based trading and bulk order placements.

5. Holding 2,000,000 MX or more activates the maximum 50% fee discount, covering all supported trading venues on MEXC.

MX Token Utility Beyond Fee Reductions

1. MX tokens serve as the native utility token for participating in MEXC Launchpad token sales, requiring users to stake MX to gain allocation rights.

2. Staking MX in designated vaults yields annualized rewards denominated in stablecoins or BTC, independent of trading activity.

3. MX holders gain priority access to new listing announcements, exclusive trading competitions, and early beta features.

4. The token is used for governance voting on platform upgrades, fee structure adjustments, and community fund allocations.

5. Certain VIP service levels—such as dedicated account managers and enhanced withdrawal limits—are unlocked exclusively through MX staking commitments.

How to Track and Verify Your Discount Status

1. Users can view real-time MX balance calculations and current discount tier under “Account” → “Fee Discount” in the web interface.

2. The dashboard displays the exact 30-day average balance, remaining days in the current calculation cycle, and next expected tier change date.

3. Historical discount logs are available in CSV format, showing per-trade fee savings generated during each billing period.

4. Mobile app users receive push notifications when nearing a tier upgrade or if the average balance falls below a threshold.

5. No third-party verification is required; all data is sourced directly from on-chain wallet balances and internal ledger records.

Frequently Asked Questions

Q1. Do MX tokens need to be locked or staked to maintain the fee discount?No. MX tokens only need to remain in the user’s spot wallet to contribute to the 30-day average balance. No locking or staking is mandatory for fee reduction eligibility.

Q2. Can MX tokens held in sub-accounts qualify for the discount?Yes, MX balances in sub-accounts are aggregated with the master account’s spot wallet balance for the purpose of calculating the 30-day average.

Q3. What happens if my MX balance drops mid-cycle?The discount remains active based on the current 30-day average until the next daily recalculation. A drop affects future tiers only after the full cycle completes and the new average falls below a threshold.

Q4. Are fee discounts applied retroactively to trades executed before meeting the MX requirement?No. Discounts apply only to trades executed after the system confirms eligibility. Past trades are not adjusted or rebated.