Is MEXC Available in Estonia?

What is MEXC?

Overview of MEXC

MEXC has emerged as one of the most favored KYC (know your customer) global crypto exchanges on the market. It is known for its user-friendly interface, wide range of supported cryptocurrencies and low trading fees, making it a popular choice for over 10 million users worldwide. 

Key Benefits of MEXC

Low Trading Fees:

The biggest benefits of MEXC are the unbeatable fees of 0.00% maker fees and 0.01% taker fees for futures trading and a 0% fee on spot trading. Lower fees make it easier to make profitable trades.

Wide Range of Cryptocurrencies: 

MEXC supports over 1000 cryptocurrencies, making it one of the most diverse exchanges in terms of asset offerings.

High withdrawal limit

The withdrawal limit on MEXC is 80-200 Bitcoin 24 hours. For example: if the Bitcoin price is €50.000 you can withdraw €4.000.000,00 to €10.000.000,00 per 24 hours, depending on your level of verification. Therefore MEXC has practically no withdrawal limits for the average crypto trader.  

Low withdrawal fee

The withdrawal fee is dependent on your method of withdrawal. For example withdrawing directly to your bank account or withdrawing crypto from MEXC to another crypto wallet or exchange will in most cases not exceed a total of Є1 in transaction fees. The minimum withdrawal amount is €10. 

Advanced Trading Tools:  

The platform offers various trading options, including spot trading, futures, margin trading, and more.

User-Friendly Interface:

Even for beginners, MEXC’s interface is intuitive and easy to navigate. 

Learning platform: 

From basic crypto knowledge to trading guides and industry trends, MEXC provides various tools and tutorials for beginners and those who want to learn more.

Security Measures: 

With multi-layered security protocols, MEXC ensures your assets are well protected.

How to Get Started with MEXC in Estonia?

1) Registration Process

Step-by-step guide to register on MEXC:

1. 1. Visit the MEXC Website: Go to the official MEXC website (https://www.mexc.com/register?inviteCode=mexc-hawk) and register with your email address. 
   2. Use referral code: On the sign-up screen, use code HAWK to get up to €1,000 in trading bonuses after depositing. 
   3. Finish Account Creation: You’ll receive a verification email; click the link to verify your account.
   4. Complete ID Verification: MEXC has KYC requirements, completing KYC (ID verification) increases your withdrawal limits and adds an extra layer of security.
   5. Deposit funds: Below we will show you how to deposit.

2) Depositing Funds

How to deposit funds on MEXC:

1. 1. Navigate to ‘Assets’: On the top menu, click on ‘Assets’ and select ‘Deposit.’
   2. Select Your Cryptocurrency: Choose the cryptocurrency you wish to deposit.
   3. Copy the Deposit Address: Copy the address provided and paste it into your external wallet to transfer funds.

Available Deposit Methods on MEXC:
On MEXC you can deposit funds using the following methods:

• • Deposit crypto from a crypto wallet
  • Credit Card
  • Debit Card
  • Bank transaction
  • Apple Pay
  • Google Pay
  • Samsung Pay
  • P2P
  • iDEAL

Withdrawal speed:
Good to know: Withdrawing money from MEXC can be done directly to your bank account, P2P or to another crypto exchange / wallet. The withdrawal speed depends on your method of withdrawal, a crypto withdrawal will arrive within 5-10 minutes. A withdrawal to a bank account can take 2-3 business days or less. 

3) Placing your first trade

Steps to Place Your First Trade on MEXC:

1. Go to the ‘wallets’ Section: Confirm that your money is in the correct wallet, for spot trading transfer money to the ‘spot wallet’. 
2. Go to the ‘Trade’ Section: Click on ‘Trade’ in the top menu and select the trading pair you’re interested in. For leverage trading you can transfer your Euro’s to USDT and transfer the USDT to your ‘futures wallet’, this is the wallet that’s used for leverage trading.
3. Analyze the Market: Use MEXC’s charting tools to analyze the market.
4. Place Your Order: Decide whether you want to place a market order (instant buy/sell) or a limit order (buy/sell at a specific price). Enter the amount and confirm your trade.
   Tip: For leverage trades, the amount you enter is the amount including the leverage. So use the slider to confirm that you are using the right percentage of your own money in the trade. 

4) Claiming your trading bonus up to €1000

Bonuses for new users:

Users can get a bonus up to €1,000, depending on how much they deposit and how much they trade, if they register with our link: MEXC Registration. You can find out more about easily claiming the bonuses after registering your account and completing KYC verification. 

Security and Trustworthiness of MEXC

MEXC has built a good reputation and boasts over 10 million users worldwide. The spot trading volume of the last 24 hours on MEXC was €1,374,580,609 (as of the time of writing). This shows that many other traders and institutions trust MEXC as their crypto exchange. MEXC has also received an award for “Best Crypto Exchange” award in Asia. This makes us consider MEXC a trustworthy crypto exchange. 

Regular Audits and Transparency

MEXC’s Security Audits and Transparency:
MEXC regularly undergoes security audits to ensure their platform remains secure. They are also transparent about their security practices, which adds to the confidence in using their services.

MEXC’s Security Measures:
MEXC uses multi-layered security protocols, including two-factor authentication (2FA), cold storage for the majority of assets, and regular security audits.

Enabling Two-Factor Authentication (2FA):
Enabling 2FA on your MEXC account adds an extra layer of security by requiring not just your password but also a code from your phone. This is an essential step to protect your account.

How to contact MEXC support?

MEXC offers multiple ways to contact support via fast live-chat support, email, FAQ in many different languages. 

1. Go to mexc.com and click on the support chat icon. 
2. Tip: if you open a support chat and type “I need to speak to a rep” you skip the AI chat bot and will usually be connected with a support staff member within one minute. 

Conclusion

MEXC is a Great Choice for Traders

MEXC is an excellent choice for traders due to its low trading fees, extensive selection of over 800 cryptocurrencies, and user-friendly interface. The platform’s 0% maker fee and 0.01% taker fee for futures trading allow users to maximize profits, while minimal withdrawal limits and fees offer flexibility. MEXC also provides advanced trading tools and educational resources, making it suitable for both beginners and experienced traders. With strong security measures in place, MEXC ensures that your assets are well protected, making it a reliable and cost-effective platform for cryptocurrency trading.

Advantages of MEXC 

Diverse Trading Options
Whether looking to trade mainstream cryptocurrencies like Bitcoin and Ethereum or explore lesser-known altcoins, MEXC has it all.

Competitive Fees
MEXC offers unbeatable fees of 0.00% maker fees and 0.01% taker fees for futures trading, and a flat 0% fee on spot trading.  Lower fees make it easier to make profitable trades.

Reliable Customer Support
MEXC’s customer support is quick to respond and helpful.

Withdrawal settings
With frequently made withdrawals, withdrawal settings can enhance your efficiency and effectively safeguard your assets.

The Fast Withdrawal feature allows you to initiate withdrawals within a certain fund range without requiring 2FA, enabling you to quickly withdraw funds. When combined with the use of the Withdrawal Whitelist, you can swiftly withdraw to frequently used addresses without the need to copy these addresses each time. You only need to label these addresses when setting up the whitelist.

Final Thoughts

Final Thoughts on MEXC: 
From your first trade to exploring advanced features like futures and margin trading, MEXC can be a reliable partner in your trading journey. If you’re looking for a dependable, feature-rich crypto exchange, we highly recommend giving MEXC a try.

FAQ Section

What are the deposit fees on MEXC?

There are no fees for depositing on MEXC.

What are the withdrawal fees on MEXC?

Withdrawal fees vary based on your method of withdrawal, in most cases the fees will be between €0 to €1. 

In which countries is MEXC restricted?

Currently, MEXC is not available in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, Canada, and The United States. These restrictions are in place because of regulatory compliance concerns, international sanctions, or political and economic environmental risks.

Is MEXC available in Estonia?

Yes absolutely, MEXC is available in Estonia! In fact, Estonian traders can get up to €1.000 in trading bonuses by registering with the link in this article

Is MEXC a trusted exchange?

MEXC has built a good reputation and boasts over 10 million users worldwide. The spot trading volume of the last 24 hours on MEXC was €1,374,580,609 (as of the time of writing). This shows that many other traders and institutions trust MEXC as their crypto exchange. 

How do I open a MEXC account in Estonia?

To open a MEXC account in Estonia:

1.Visit the MEXC Website: Go to the official MEXC website and click on the ‘Sign Up’ button.

2.Use referral code: On the sign-up screen, use code HAWK to get up to €1,000 in trading bonuses after depositing.

3.Create Your Account: Enter your email address and create a strong password. You’ll receive a verification email; click the link to verify your account.

4.Complete KYC Verification: Although MEXC has low KYC requirements, completing this step increases your withdrawal limits and adds an extra layer of security.