Cryptocurrency

Your First Trade on MEXC: How to Use the Referral Code

By Anamta Shehzadi

Posted on November 6, 2025

Stepping into the world of cryptocurrency can feel like landing on a new planet. The opportunities are boundless, but so is the complexity.

Choosing the right exchange is your first critical decision, and getting the most out of it from the very start is the smartest move you can make.

That’s where we’re going today. We’re diving deep into MEXC, one of the most dynamic and feature-rich exchanges on the market, and unlocking the full potential of its referral program. This isn’t just about a freebie; it’s about setting a foundation for profitable trading.

Table of Content

Key Features of MEXC
What is the MEXC Referral Code?
- How does the MEXC referral code work?
Does MEXC give a welcome bonus?
How to get free USDT in MEXC?
How to get a MEXC account in the US?
Is MEXC cheaper than Binance?
Why can’t I withdraw from MEXC?
How many times can a MEXC referral code be used?
Is MEXC trustable?
Are MEXC referral codes region-specific?
What are the terms and conditions for MEXC referral codes?
Is MEXC KYC free?
How to get money from MEXC?
FAQs
Conclusion
tl;dr
References & Resources

Key Features of MEXC

Before we even talk about codes and bonuses, it’s essential to understand why MEXC has become a go-to platform for millions of traders. It’s not just about the hype; it’s about the substance.

Massive Asset Selection: MEXC is a treasure trove for traders looking beyond the top 10 coins. With over 1,500 cryptocurrencies and 2,500+ trading pairs, it’s one of the most comprehensive markets out there. Whether you’re hunting for the next big altcoin or trading established majors, you’ll likely find it here.
High Liquidity & Performance: Ever tried to buy a smaller coin only to see the price skyrocket with your small order? That’s a liquidity problem. MEXC’s deep order books ensure that you can execute trades quickly and at the price you expect, which is crucial for both spot and futures traders.
Competitive Fee Structure: Trading fees eat into profits. MEXC offers a base spot trading fee of just 0.2% (which can be lowered further with their native token, MX) and highly competitive futures fees. This keeps more of your money in your pocket where it belongs.
One overlooked risk in modern digital systems – including crypto exchanges – is howsmall vulnerabilities can turn catastrophic when they compound over time. It’s not enough to patch firewalls or rely solely on platform security; traders must also monitor account permissions, two-factor authentication, and identity verification practices. Preventing account breaches means being proactive, auditing hidden privileges, and thinking like an attacker.
User-Friendly Interface: Whether you’re a complete novice or a seasoned pro, the platform is intuitive. The clean layout makes it easy to find charts, place orders, and access features without getting lost in a maze of menus.
Robust Ecosystem: MEXC is more than just a spot and futures exchange. It includes MEXC Launchpad for new token sales, MEXC Earn for staking and savings products, and an NFT Marketplace. It’s a one-stop-shop for your crypto activities.

What is the MEXC Referral Code?

Let’s get to the heart of the matter. A MEXC referral code is a unique alphanumeric string (like mexc-80discount ) that acts as a key to unlock exclusive benefits for a new user signing up on the platform. It’s a classic win-win scenario.

For the new user (you): You get a welcome package, which often includes fee discounts, a potential cash bonus (like free USDT), and other perks that give you a head start.
For the referrer: The person who shared the code gets a commission on your trading fees, at no extra cost to you. It’s MEXC’s way of marketing and rewarding its community.

How does the MEXC referral code work?

The process is designed to be seamless. Think of it as a VIP pass.

Click the Referral Link or Enter the Code: You’ll start by either clicking a special link that has the code embedded or by manually typing the code into the registration form.
Sign Up: You’ll complete the standard registration process by entering your email and creating a password.
Complete KYC (Know Your Customer): To unlock the full benefits and comply with regulations, you’ll need to verify your identity. This usually involves providing a government-issued ID and a selfie.
Make a Qualifying Action: The bonus isn’t just for showing up. You typically need to perform an action, such as making your first deposit of a certain amount (e.g., $50 in USDT) or executing your first trade.
Receive Your Rewards: Once the conditions are met, the bonus—whether it’s trading fee vouchers or USDT—will be credited to your account, usually within 24 hours.

Does MEXC give a welcome bonus?

Absolutely. This is one of the main draws of using a referral code. While the exact specifics can change based on current promotions, a typical welcome bonus package looks something like this:

10% Off Trading Fees: A voucher that gives you a 10% discount on spot trading fees for 30 days. This is a fantastic way to save money as you’re getting started and learning the ropes.
USDT Airdrop: Often, upon making a first deposit of at least 50 USDT, MEXC will credit your account with a small bonus, like 10 USDT. This is essentially free capital to trade with.
Futures Trial Voucher: A small amount of USDT (e.g., 5 USDT) to try out their futures market without risking your own funds.

The key takeaway is that yes, there is a welcome bonus, and using a referral code is the primary way to claim it. Don’t leave value on the table by signing up without one.

How to get free USDT in MEXC?

“Free” is the magic word in crypto. While there’s no magic money tree, MEXC offers several legitimate avenues to earn USDT without directly buying it with fiat.

The Referral Welcome Bonus: As discussed above, this is the most direct way. Sign up with a code [ mexc-80discount ], make a deposit, and you can receive a small USDT bonus.
MEXC Launchpad & Kickstarter: MEXC frequently hosts new token launches. By participating and holding the platform’s token (MX), you can often get a guaranteed allocation of new tokens. Some of these airdrops can be sold immediately for a profit, which you can then convert to USDT.
MEXC Earn: This isn’t “free” in the instant sense, but it’s passive income. You can stake stablecoins like USDT in savings products or liquidity pools to earn a predictable return. It’s a way to make your existing USDT work for you.
Trading Competitions & Activities: Keep an eye on the MEXC Announcements page. They regularly run trading competitions, social media campaigns, and other events where you can win USDT prizes for participating or achieving high trading volumes.

How to get a MEXC account in the US?

This is a tricky and important question. Due to the complex and stringent regulatory environment in the United States, MEXC, like many international exchanges, officially restricts access for US residents. You will find that you cannot sign up directly from a US IP address.

The commonly used, albeit unofficial, method involves using a Virtual Private Network (VPN).

Disclaimer: Proceed with caution. Using a VPN to access a restricted exchange may violate the exchange’s terms of service and could have legal implications. You are solely responsible for ensuring you comply with your local laws. This information is for educational purposes only.

If you choose to proceed, the steps are generally:

Choose a Reputable VPN: Select a paid, no-logs VPN service known for reliable connections. Free VPNs are often insecure and ineffective.
Connect to a Server: Connect to a server in a country where MEXC is fully available, such as Canada, Germany, or Singapore.
Sign Up: With the VPN active, go to the MEXC website and proceed with registration using a referral code.
Complete KYC: You will need to complete the identity verification process. Do not use a US-issued ID for this. You must use an ID and proof of address from the country your VPN is connected to.

This is a significant hurdle and a risk. For many US users, using exchanges that are fully compliant and licensed in the US (like Coinbase or Kraken) is the safer and more straightforward path.

Is MEXC cheaper than Binance?

This is the heavyweight matchup. Both exchanges are known for their low fees, but the “cheaper” option depends on your specific trading style and volume.

Let’s break it down with a comparison table for spot trading fees:

VIP Level	30-Day Trading Volume (USDT)	MEXC Maker / Taker Fee	Binance Maker / Taker Fee
VIP 0	< 50 BTC	0.20% / 0.20%	0.10% / 0.10%
VIP 1	> 50 BTC	0.15% / 0.15%	0.09% / 0.10%
VIP 2	> 250 BTC	0.10% / 0.10%	0.08% / 0.10%

Analysis:

For the average new trader (VIP 0): Binance is technically cheaper with its 0.1% base fee compared to MEXC’s 0.2%. However, MEXC often offers more aggressive promotions, like the 10% fee discount from a referral code, which temporarily narrows this gap.
For high-volume traders: The fee structures become more competitive and depend on the exact volume tier. Both are extremely low.
Hidden Costs: Don’t just look at trading fees. Consider withdrawal fees. MEXC often has lower or even zero-fee promotions for withdrawing certain cryptocurrencies, which can save you money in the long run.

Verdict: For the absolute lowest base fee, Binance has a slight edge. However, when you factor in MEXC’s frequent promotions, welcome bonuses, and potentially lower withdrawal fees, the overall cost can be very comparable, and for some users, MEXC might even work out cheaper in a given month.

Why can’t I withdraw from MEXC?

This is a frustrating issue that can panic new users. Usually, there’s a logical reason behind it. Here are the most common culprits:

Incomplete KYC Verification: This is the #1 reason. You must complete at least the basic (and often the advanced) KYC process to be able to withdraw funds. Check your verification status in your profile.
Security Withdrawal Risk Control: If you’ve just changed your password, enabled 2FA, or are trying to withdraw to a brand new address, the system may temporarily hold the withdrawal for 24 hours as a security measure.
Internal System Maintenance: Occasionally, MEXC will disable withdrawals for a specific blockchain network (like ERC-20 or TRC-20) due to network congestion or wallet maintenance. They always announce this beforehand.
Insufficient Balance: Remember to account for the withdrawal fee. If you have 100 USDT and the fee is 1 USDT, you can only withdraw 99 USDT. Trying to withdraw the full 100 will result in an error.
Wrong Network Selection: This is a big one. If you’re withdrawing USDT, you must select the correct network (e.g., TRC-20, ERC-20, BEP-20) that matches the destination wallet. Withdrawing via the wrong network can result in a permanent loss of funds.

How many times can a MEXC referral code be used?

This is a common point of confusion. A single referral code [ mexc-80discount ] itself can be used by an unlimited number of new users. There’s no cap on how many people can sign up using the same code.

However, there are two critical restrictions:

One Code Per User: An individual can only use a referral code once when creating their account. You cannot apply multiple codes to get multiple bonuses.
New Users Only: The code is exclusively for brand new users who have never registered an account with MEXC before. Existing accounts cannot apply a referral code.

So, if you have a popular blog or YouTube channel, you can share your code with thousands of people, and each one of them can use it to get their welcome bonus.

Is MEXC trustable?

Trust is paramount in crypto. You’re entrusting an exchange with your hard-earned money. Based on several factors, MEXC is generally considered a trustworthy and reliable top-tier exchange.

Track Record and Size: Launched in 2018, MEXC has grown to serve over 10 million users worldwide. A long operational history and a large user base are strong indicators of stability.
Security Measures: MEXC employs industry-standard security practices. This includes storing the vast majority of user assets in cold storage (offline wallets, inaccessible to hackers), offering Two-Factor Authentication (2FA), and having an insurance fund to cover potential losses from extreme events.
Transparency: The exchange is relatively transparent about its reserves and operations, often publishing proof-of-reserves data.
Customer Support: While not perfect, their customer support is generally responsive and available 24/7 via live chat, which is a crucial feature for resolving urgent issues.

No exchange is 100% immune to risk, but MEXC has a solid reputation and has demonstrated a strong commitment to security and user asset protection.

Are MEXC referral codes region-specific?

Yes, they can be. The bonuses and promotions tied to a referral code can vary depending on the user’s region of registration. This is due to a few reasons:

Local Regulations: Some countries have specific laws about what kind of financial incentives can be offered.
Marketing Strategies: MEXC might run different promotional campaigns in different parts of the world to attract users.

For example, a user signing up from Southeast Asia might receive a slightly different bonus package than a user signing up from Europe. The core benefit (like a fee discount) is usually universal, but the exact amounts or terms might differ.

What are the terms and conditions for MEXC referral codes?

You always need to read the fine print. While the exact T&Cs can change with each promotion, here are the standard conditions you can expect:

New User Only: The code is strictly for new registrations.
KYC Requirement: You must complete identity verification to be eligible for the rewards.
Deposit/Trade Volume: The bonus is often conditional on making a minimum deposit (e.g., ≥ 50 USDT) and/or reaching a certain trading volume within a specific timeframe (e.g., within 7 days of registration).
Validity Period: Welcome bonuses, especially fee discount vouchers, have an expiration date (e.g., valid for 30 days). Use them or lose them.
One-Time Use: The bonus can only be claimed once per account.

Always check the specific promotion page on the MEXC website for the most accurate and up-to-date terms.

Is MEXC KYC free?

Yes, the Know Your Customer (KYC) verification process on MEXC is completely free. You do not have to pay any fees to verify your identity.

MEXC typically has two levels of verification:

Primary Verification: Requires basic information like your name, date of birth, nationality, and ID number. This unlocks basic features.
Advanced Verification: Requires you to upload photos of your government-issued ID (front and back) and a selfie. This level is required for full access to all features, including fiat withdrawals and higher withdrawal limits.

The process is straightforward and usually takes anywhere from a few minutes to a few hours to be approved.

How to get money from MEXC?

Cashing out or “getting money from MEXC” is a two-step process: selling your crypto for a stablecoin or fiat, and then withdrawing it.

Step 1: Convert Your Crypto to a Stablecoin or Fiat

If you want to withdraw cash, you’ll first need to sell your other cryptocurrencies (like Bitcoin or Ethereum) for a stablecoin like USDT, or for a fiat currency if MEXC supports it for your region. You do this on the main spot market.

Step 2: Withdraw to an External Account

This is the final step.

Navigate to your Wallet and select Withdraw.
Choose the cryptocurrency you want to withdraw (e.g., USDT).
Crucially, select the correct network. If you’re sending to a Trust Wallet, you might choose BEP-20 (BSC) or ERC-20 (Ethereum). If you’re sending to another exchange, check which networks they support for deposits. TRC-20 (Tron) is often the cheapest for USDT.
Paste the destination address from your external wallet. Double-check it! Crypto transactions are irreversible.
Enter the amount you wish to withdraw. The system will show you the network fee.
Confirm the withdrawal, often with an email code and your 2FA code.

FAQs

Q: What is MEXC’s native token, and what’s it for? A: The native token is called MEXC Token (MX). Holding MX provides several benefits, including reduced trading fees, access to exclusive Launchpad events, and daily airdrops from new projects listed on the exchange.

Q: Can I use multiple referral codes on my account? A: No. You can only apply one referral code during the initial registration. Once your account is created, you cannot add or change the code.

Q: Does MEXC have a mobile app? A: Yes, MEXC has a fully-featured mobile app for both iOS and Android devices. It’s highly rated and allows you to trade, manage your portfolio, and access all features on the go.

Conclusion

MEXC stands out as a powerful and versatile cryptocurrency exchange, offering a vast selection of assets, competitive fees, and a user-centric experience.

The MEXC referral code is more than just a marketing gimmick; it’s a strategic tool for any new trader. It provides a tangible head start through fee discounts and potential USDT bonuses, effectively lowering the barrier to entry and boosting your initial trading capital.

While navigating aspects like US access requires caution and awareness of regional restrictions, the platform’s core offerings are robust. Its strong security posture and long-standing presence in the market build a compelling case for its trustworthiness.

By leveraging the referral program and understanding the platform’s mechanics, you set yourself up for a more efficient and potentially more profitable crypto journey from day one.

MEXC is a major crypto exchange with tons of coins, high liquidity, and low fees.
A MEXC referral code (like mexc-80discount) gives new users a welcome bonus, typically including fee discounts and a small USDT reward after a first deposit.
Getting free USDT is possible through the welcome bonus, Launchpad events, and platform activities.
US users face restrictions and often need a VPN and non-US ID to sign up, which carries risks.
MEXC is generally trustworthy, with strong security features and a large user base, but always do your own research.

References & Resources