Crypto enthusiasts looking for a bonus to help kick off their trading should check out MEXC exchange’s current offer. This welcome bonus can net you from $100 all the way up to $20,000 in rewards.
This guide explains everything you need to know about this generous offer and how to claim it.
What is the MEXC Exchange Bonus Offer?
New joiners who open and fund an account with MEXC before the end of the promotion will receive a bonus based on their deposit sizes and trading volume.
There are two current events in this promotion – which ends February 5th – let’s break them down.
Event 1: $100 – Net Deposit & Spot and Futures Trading
For Event 1 there are three tasks to perform in order to receive a total reward of $100.
- Net Deposit (total deposit, minus withdrawals): Deposit 500 USDT, and receive a 10 USDT bonus.
- Spot Trading Volume: Achieve a trading volume of 3,000, and receive 10 USDT, Trade 30,000 and receive an additional 40 USDT.
- Futures Trading Volume: Achieve a trading volume of 10,000, receive 10 USDT. Trade 100,000 and receive an additional 40 USDT.
Should you manage to complete all three tasks in event 1, you would have earned a total of $100, in addition to any profits you might have made from your actual trading.
You may also need to make further deposits beyond the original 500 USDT to be able to participate in the Spot and Futures trading task, depending on margin requirements.
It should also be noted that deposits must be made within 7-days of opening the account. You must then begin trading 30-days after initial sign-up to be eligible for this promotion.
Event 2: $20,000 – Net Deposit & Futures Trading
The second event is a little more straightforward – you simply need to deposit based on the scale below and will then receive the bonus.
However, some larger bonuses will also require you to trade a minimum volume amount in order to unlock them. Let’s break this down.
- Deposit $1k – Receive 30 USDT
- Deposit $3k – Receive 50 USDT
- Deposit $5k – Receive 150USDT
- Deposit $10k – Receive 300 USDT
- Deposit $20k – Trade volume > 1 Million, Receive 500 USDT
- Deposit $30k – Trade volume > 4 Million, Receive 1000 USDT
- Deposit $100k – Trade volume > 30 Million, Receive 4000 USDT
- Deposit $150k – Trade volume > 100 Million, Receive 9000 USDT
- Deposit $500k – Trade volume > 300 Million, Receive 20000 USDT
To clarify, only participants who have net deposited more than 500,000 USDT within 7 days of signing up, and have traded volume of more than 300,000,000 USDT in Futures within 30 Days, can receive the 20,000 USDT bonus.
The nice aspect of this bonus is that it’s suited to different traders – small volume traders can still benefit while large volume traders have the opportunity to claim much bigger bonuses than are on offer at other crypto exchanges.
MEXC Referral Codes
Typically, for such bonus promotions the cryptocurrency exchange will only make them available to those with referral codes, meaning only a small amount of people are able to capitalize. However, for this MEXC sign up bonus there are no such codes required to sign up.
All that is needed is to open the account, fund it before the deadline, begin trading, and receive the bonus.
How to Claim the MEXC Sign up Offer
Okay, so you’ve decided to capitalize on the promotion offer, but what are the exact steps to sign up and receive the rewards? Let’s break this down in detail.
Step 1: Create an Account
The first step is to open an account. Click here to visit the home page and all you need to do is click “create an account” to get started.
Once you click on the link, the below box will appear, giving you 3 ways to sign up. You can do so via email, mobile, or by logging in using your existing Google, Telegram, Apple, or Meta Mask account.
Make a Deposit
Once you have completed the signup process, you will be taken back to the promotion homepage, where you will need to scroll down to the bottom, and see these options. Click the first to make a deposit.
You will then be taken to the page below, where you will be able to enter the amount you wish to deposit, in order to take advantage of the promotion.
You will need to select USDT, and the network it’s held on, once done, you will be provided with the wallet address.
If you do not have any existing USDT, you can buy it on MEXC by registering for an account, choosing the amount of USDT you would like to buy (for example 500 USDT) and paying for it using your debit or credit card. Once bought it will be stored on your MEXC wallet, where you can then transfer it to other deposit addresses.
Start Trading
After you have funded, return back to the homepage and select either the “trade Spot” or “trade Futures” option, depending on which event (1 or 2) you are looking to complete.
You will then enter the trading platform where you can begin your journey in the markets and unlock the bonus.
Receive Trading Volume Bonus
Finally, you can monitor all of your trades, pending, opened, and closed in the terminal below. As soon as you’ve traded the required amount or hit the required criteria the bonus will be unlocked.
MEXC Bonus Terms and Conditions
Here are the key terms to consider when claiming and using the MEXC referral bonus.
- First of all, ensure that you have not previously made a deposit with MEXC.
- Once your account is approved, you must deposit within 7-days from that point. Any deposits made after this will not be counted as part of the promotion.
- All your deposits are based on the net amount. Net deposits are the total deposit minus any withdrawals.
- Deposits cannot include any bonuses, or deposit transfers from one MEXC account to another.
- Your deposits will only be calculated based on the price of USDT at the time of deposit. If you deposit more than one eligible asset, your reward will be calculated based on the total eligible deposits.
- Once you begin trading, the volume will only be calculated after the trading fee is greater than zero.
- It is important to note that you will not be able to stack reward amounts.
- After hitting the requirements, your reward will be distributed to your account within 15 days after the campaign ends.
- Should you unlock the 20,000 USDT Futures bonus, it will be distributed to you within 30 days after your first deposit.
- Finally, the MEXC Futures bonuses can only be used for Futures trading.
About MEXC
Based on our MEXC review, we found that this exchange was established in 2018, and has since amassed over 10 million users, in over 170 countries. The company is regulated, either directly or via its affiliates, across the globe and offers users a safe and secure trading experience. It prides its trading platforms, whether Spot or Futures, on being high performance, with the ability to conduct 1.4 million transactions per second.
According to Coinmarketcap, it was voted the Best Crypto Exchange in Asia back in 2021, and currently has $1,619,684,896.01 in total assets on its books. Overall, its platform has the second highest number of listed coins and markets amongst any other exchange in the world.
Fees
One difference between MEXC and other exchanges are its low trading fees, for both Spot and Futures. For Maker fees, it charges 0.1% on Spot and 0.01% on Futures, with a 0.05% Taker fee. This is lower than Kraken for example, who charge 0.16% Maker, and 0.26% Taker fees.
FAQs
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Eliman Dambell
EditorEliman was a news writer and editor at Bitcoin.com, FXStreet and Investing.com. He commentates on various markets, including Crypto, Stocks and FX.
