Overview
MEXC Global (formerly MXC Exchange) is a centralized cryptocurrency exchange established in 2018, headquartered in Singapore. This guide explores all withdrawal methods, fees, and step-by-step instructions for transferring crypto assets from MEXC.
Key Withdrawal Methods
MEXC offers three primary withdrawal options:
- Quick Sell - Instant crypto-to-fiat conversion (not available in Taiwan)
- P2P Trading - Peer-to-peer transactions
- Crypto Withdrawals - Chain transfers to external wallets/exchanges
For most international users, chain withdrawals are the primary method.
Withdrawal Fees & Processing Time
Fee Structure
| Type | Fee |
|---|---|
| Internal Transfers | Free |
| Chain Withdrawals | Network-dependent |
Popular Cryptocurrency Fees:
| Coin | Fee Range |
|---|---|
| BTC | 0.0000069-0.000028 BTC |
| ETH | 0.000018-0.0015 ETH |
| USDT | $0-$3.80 |
USDT Network Fees:
| Network | Fee (USDT) |
|---|---|
| BSC (BEP20) | 0 |
| Polygon | 0.08 |
| Tron (TRC20) | 1.00 |
| ERC20 | 1.57 |
Fees fluctuate based on network congestion. Always verify current rates via MEXC's official fee page.
Processing Time
Withdrawals typically complete within 1-5 minutes, though blockchain confirmations may cause delays during peak periods.
Step-by-Step Chain Withdrawal Guide
1. Access Withdrawal Page
- Navigate to Assets > Withdraw
- Select desired cryptocurrency
2. Configure Transfer Details
- Paste recipient wallet address (double-check accuracy)
- Choose correct network (must match recipient's supported chain)
- Enter amount
- Click Confirm
👉 Common withdrawal mistakes to avoid
New User Registration Process
Step 1: Account Creation
- Visit MEXC Official Site
- Click Register and verify email
Step 2: KYC Verification (Recommended)
- Submit ID documents in Profile > Identity Verification
- Enhances security and withdrawal limits
Step 3: Funding Options
- Fiat Deposits: Credit/debit cards or bank transfers
- Crypto Deposits: Generate wallet address for each supported asset
Step 4: Start Trading
- Select trading pairs in Markets section
- Place orders using market/limit/stop-limit options
FAQ Section
1. Is MEXC exchange trustworthy?
Yes. MEXC ranks among the top 10 exchanges on CoinGecko with over 10 million users across 170+ countries. It operates under Singaporean regulations.
2. What's the cheapest way to withdraw USDT?
Using BSC (BEP20) network currently offers zero fees, but ensure your recipient supports this chain.
3. Why is my withdrawal taking longer than 5 minutes?
Delays may occur due to blockchain congestion or incorrect network selection. Always verify transaction status via blockchain explorers.
4. Do I need KYC to withdraw crypto?
For small amounts, no. However, completing KYC increases daily withdrawal limits and account security.
👉 Troubleshooting failed withdrawals
Best Practices
- Network Selection: Match sender/receiver chains precisely
- Test Transfers: Send small amounts first for new addresses
- Security: Enable 2FA and whitelist withdrawal addresses
Note: Always keep your withdrawal addresses updated and secure.