What MEXC is
MEXC is the early-listing venue. When a new coin appears somewhere, the odds of meeting it here before Binance are very high: fifteen hundred spot pairs and over a thousand perpetual contracts, with the list growing almost daily.
The second reason people keep an account here is money. The spot maker fee is zero, and USDT withdrawals on the Plasma network are free. For someone who trades a lot and moves coins often, that adds up fast.

What you get here
Spot — fifteen hundred USDT pairs, the widest list after Bitget and Gate.
Futures — over a thousand perpetual contracts with openly published funding rates.
P2P — crypto for your own currency straight from people, across dozens of markets.
Earn — savings and staking, including on brand-new coins.
Kickstarter and Launchpad — join project launches, often before the big exchanges list them.
Copy trading — mirror experienced traders.
Fees
A zero maker fee is rare on this market, and it is a standing condition rather than a promotion. Post a limit order and wait for it to fill, and you pay nothing. Takers, who lift someone else order at market, pay the normal rate.
Holders of MX, the exchange token, get a further discount.
Deposits, withdrawals and what to watch
P2P here is busy and broad across currencies. It works the usual way: pick an offer, pay, the crypto leaves escrow.
Withdrawals span sixteen networks, and Plasma is free. As always, the price depends on the network rather than the amount, so picking the network matters more than the size of your transfer.
Worth knowing
A wide listing is both a strength and something to keep an eye on. Among fifteen hundred pairs many are very thin, where a single order moves the price by whole percent. Before a large trade, look at the book: the number in a table shows the best price, not how much you can take at it.
Who it suits
People hunting new coins who want to see them before everyone else. People trading with limit orders, where the zero maker fee is straight cash. And as a second venue beside Binance, it covers exactly what the giants lack: the long tail of fresh listings.