## What Is MEXC? MEXC is a [centralized crypto exchange](https://coinmarketcap.com/alexandria/glossary/centralized-exchange-cex) that provides access to [spot](https://coinmarketcap.com/alexandria/glossary/spot-trading), [margin](https://coinmarketcap.com/alexandria/glossary/margin-trading) and [futures](https://coinmarketcap.com/alexandria/glossary/futures) trading. Founded in 2018, the exchange also offers quantitative trading, leveraged [ETFs](https://coinmarketcap.com/alexandria/glossary/exchange-traded-fund-etf) and index ETFs. Under the MEXC Earn, products also include: [launchpad](https://coinmarketcap.com/alexandria/article/the-best-ieo-launchpads), M-day [airdrops](https://coinmarketcap.com/alexandria/glossary/airdrop), MX-[DeFi](https://coinmarketcap.com/alexandria/glossary/defi), [Staking](https://coinmarketcap.com/alexandria/glossary/staking), ETH 2.0 Staking and more. Users can purchase cryptocurrencies using credit or debit cards, global bank transfer, P2P trading and third-party payments such as Simplex, Banxa and Mercuryo. The exchange serves over 200 countries and more than 6 million users. It holds key licenses in countries like Australia, Estonia and the United States. ## Who Are the MEXC Founders? The company's current Chief Executive Officer is John Chen. John graduated from the National University of Singapore with a Bachelor of Science in Computer Science, and holds a Master’s Degree from Nanyang Technological University. John is a serial entrepreneur, founding Accufind Technologies in 2013 and eBeeCare in 2015. After eBeeCare was acquired, John joined iTechBlack as a Managing Director, before serving as Chief Information Officer in CIC, a commodities trading platform, and Chief Operating Officer in another technology company – Zallchain. ## Where Is MEXC Located? The company is headquartered in Seychelles. ## MEXC Restricted Countries The project has received official licenses for its representation in various countries, including the USA, Canada, Switzerland and Australia. The exchange is not available in the following countries: North Korea, Cuba, Sudan, Syria, Iran, Yemen, Zimbabwe, Myanmar, Lebanon, Libya, Bolivia, Ecuador, Bangladesh, Somalia, Iraq, Congo Democratic Republic (Golden), Central African Republic, Kyrgyzstan, Burundi, Afghanistan, Macedonia, Ethiopia, Guinea-Bissau, Guinea, Liberia, Trinidad and Tobago, Venezuela, Serbia, Crimea, Mainland China, Singapore, Italy, Canada. ## What Coins Are Supported on MEXC? Users have access to over 180 trading pairs and most major cryptocurrencies, including [BTC](https://coinmarketcap.com/currencies/bitcoin/), [ETH](https://coinmarketcap.com/currencies/ethereum/), [LTC](https://coinmarketcap.com/currencies/litecoin/), [SHIB](https://coinmarketcap.com/currencies/shiba-inu/), [XRP](https://coinmarketcap.com/currencies/xrp/), [DOGE](https://coinmarketcap.com/currencies/dogecoin/), [ADA](https://coinmarketcap.com/currencies/cardano/) and more. ## How Much Are MEXC Fees? For spot trading, [maker and taker fees](https://coinmarketcap.com/alexandria/glossary/market-maker-market-taker) are fixed at 0.2%. However, at the time of writing, maker fees are 0.00% as part of a promotion. Additionally, users can receive discounted rates if they become VIP customers. For futures trading, fees are based on a tiered level, from level 0 to 6, depending on their 30-day trading volume. Deposits are free, and withdrawal fees depend on the cryptocurrency, payment methods and transaction costs. ## Is It Possible To Use Leverage or Margin Trading on MEXC? MEXC supports 2-5X leveraged ETFs on both the long and short side, and futures trading with up to 125X [leverage](https://coinmarketcap.com/alexandria/glossary/leverage), with USDT and the underlying crypto as [collateral](https://coinmarketcap.com/alexandria/glossary/collateral).
