Different Order Types on MEXC

MEXC: A Beginner's Guide to Trading Cryptocurrencies

MEXC is a global cryptocurrency exchange offering a wide range of trading features and tools for both beginners and experienced traders.

Core Features

**Spot Market:** Trade cryptocurrencies for immediate delivery.
**Futures Market:** Trade contracts that derive their value from underlying assets, allowing for leveraged trading and hedging.
**Diverse Asset Support:** MEXC supports a vast selection of cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), and many altcoins.

Spot Trading Basics

On the Spot market, you buy and sell cryptocurrencies at their current market price. This is ideal for those looking to invest in cryptocurrencies for the long term or to capitalize on short-term price fluctuations.

**Market Orders:** Buy or sell at the best available price immediately.
**Limit Orders:** Set a specific price at which you want to buy or sell. Your order will only execute once the market reaches that price.

Futures Trading Basics

Futures contracts are contracts that obligate you to buy or sell a specific amount of an asset at a predetermined price and date in the future. This allows for:

**Leverage:** Trade with borrowed capital, magnifying potential profits (but also losses).
**Hedging:** Protect against adverse price movements.

MEXC offers various futures contracts, including perpetual contracts and quarterly contracts.

Order Types

MEXC supports several order types to cater to different trading strategies:

**Market Order:** Buy or sell at the best available price immediately.
**Limit Order:** Set a specific price at which you want to buy or sell. Your order will only execute once the market reaches that price.
**Stop-Limit Order:** A combination of a stop-loss order and a limit order. It's used to limit potential losses while still allowing for some upside potential.

For a deeper dive into order types, check out these resources:

== Liquidity and Markets ==

MEXC boasts high liquidity across its supported markets, ensuring smooth execution of your trades. The platform offers a robust Order book, allowing you to see the buy and sell orders at different price levels, giving you a better understanding of market sentiment.

Security Practices

MEXC prioritizes the security of its users' funds and data through:

**Two-Factor Authentication (2FA):** Adds an extra layer of security to your account.
**Cold Storage:** A significant portion of user funds are stored offline in cold wallets, making them less vulnerable to hacking attempts.

KYC and Limits

MEXC requires users to complete a Know Your Customer (KYC) process to verify their identity. This helps prevent fraud and money laundering.

Trading limits vary depending on your verification level.

Funding and Withdrawals

MEXC supports multiple payment methods for depositing and withdrawing funds, including bank transfers, credit/debit cards, and popular cryptocurrencies.

Mobile and Web UX

MEXC offers a user-friendly platform accessible through both a web interface and mobile apps for iOS and Android.

Risks and Responsible Trading

Cryptocurrency trading involves inherent risks, including price volatility, market manipulation, and the possibility of losing your investment.

- Remember:**

**Start Small:** Begin with a small amount of capital that you can afford to lose.
**Diversify:** Don't put all your eggs in one basket. Spread your investments across different cryptocurrencies.
**Do Your Research:** Thoroughly research any cryptocurrency before investing.
**Use Stop-Loss Orders:** These orders help limit potential losses by automatically selling your assets when they reach a predetermined price.
**Only invest what you can afford to lose.**

First Steps Checklist

1. **Register here:** Register here]

Recommended Futures Trading Platforms

Platform	Futures perks & welcome offers	Register / Offer
Binance Futures	Up to 125× leverage, USDⓈ-M contracts; new users can receive up to 100 USD in welcome vouchers, plus lifetime 20% fee discount on spot and 10% off futures fees for the first 30 days	Sign up on Binance
Bybit Futures	Inverse & USDT perpetuals; welcome bundle up to 5,100 USD in rewards, including instant coupons and tiered bonuses up to 30,000 USD after completing tasks	Start on Bybit
BingX Futures	Copy trading & social features; new users can get up to 7,700 USD in rewards plus 50% trading fee discount	Join BingX
WEEX Futures	Welcome package up to 30,000 USDT; deposit bonus from 50–500 USD; futures bonus usable for trading and paying fees	Register at WEEX
MEXC Futures	Futures bonus usable as margin or to pay fees; campaigns include deposit bonuses (e.g., deposit 100 USDT → get 10 USD)	Join MEXC

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