Wallets/mexc
MEXC
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Overview
MEXC is #3 global CEX by spot volume Dec 2025 + fastest-growing global crypto exchange 2025 + altcoin trading leader [1, 2, [global-cro]]. 2025 baseline: 40M+ MEXC users in 170+ countries (up from 36M+ earlier-2025); $1.5T total 2025 spot trading volume (up from $766.7B 2024; +90.9% YoY); $86.0B Dec 2025 spot volume + 9.1% global CEX market share; Jul 2025 spot trading $150.4B (+61.8% MoM); 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges; altcoin trading volume growth leader.
Distinctive MEXC positioning [1, 2, 3, 4]:
- #3 global CEX by spot volume Dec 2025 + fastest-growing global crypto exchange 2025 (+90.9% YoY)
- 40M+ MEXC users in 170+ countries
- $1.5T total 2025 spot trading volume + $86.0B Dec 2025 spot volume + 9.1% global CEX market share
- 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges — distinctive MEXC altcoin coverage
- Altcoin trading volume growth leader — distinctive MEXC niche
- 2018 founding as MXC (renamed MEXC 2021)
- 2025 spot trading volume surge nearly 90% YoY + rankings leaped from #9 → #4 → #3 (Dec 2025) — distinctive MEXC 2025 rapid ascent
History
Apr 2018 — MEXC founded as MXC in Singapore.
2021 — MXC renamed MEXC — distinctive MEXC brand consolidation.
2024 — MEXC total 2024 spot trading volume $766.7B.
2025 — MEXC rankings leap from #9 → #4 → #3 (Dec 2025) global CEX by spot volume + $1.5T total 2025 spot trading volume + $86.0B Dec 2025 spot volume + 9.1% global CEX market share + 40M+ users in 170+ countries [1, 2, 3].
Ownership & operator
Operating entity: MEXC Global (Singapore-founded; Seychelles entity).
Major shareholders: MEXC founding team + crypto venture capital + private float.
Regulators: Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Estonia FIU — distinctive MEXC multi-jurisdiction compliance (ex-US).
Technical integration
MEXC mobile app (iOS + Android) + mexc.com web + MEXC API (REST + WebSocket + FIX); MEXC spot trading + MEXC futures trading + MEXC Earn + MEXC Launchpad + MEXC Kickstarter + MEXC M-Day distinctive MEXC altcoin launchpad innovation; 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges; USDT + USDC + BTC + ETH funding; cross-chain bridging.
Users & growth
2025: 40M+ MEXC users in 170+ countries (up from 36M+ earlier-2025); $1.5T total 2025 spot trading volume (up from $766.7B 2024; +90.9% YoY); $86.0B Dec 2025 spot volume + 9.1% global CEX market share; Jul 2025 spot trading $150.4B (+61.8% MoM); MEXC #3 global CEX by spot volume Dec 2025.
Use cases
Global (ex-US) crypto retail + altcoin spot + derivatives + on-chain trading via MEXC mobile + web + API; 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges (distinctive MEXC altcoin coverage); MEXC Earn + MEXC Launchpad + MEXC Kickstarter + MEXC M-Day altcoin launchpad innovation; MEXC altcoin trading volume growth leader.
Implementations & partners
Operator: MEXC Global (Singapore-founded; Seychelles entity).
Subsidiaries: MEXC Spot + MEXC Futures + MEXC Earn + MEXC Launchpad + MEXC Kickstarter + MEXC M-Day.
Major global centralized crypto exchange competitors: [[binance]] (global #1 by volume; CZ-founded; 2023 US DOJ $4.3B settlement) + [[coinbase]] (US #1; NASDAQ: COIN) + [[okx]] (global top-5; Star Xu-founded) + [[bybit]] (global top-5; Ben Zhou-founded; Dubai HQ; 2025 $1.5B hack survival) + [[bitget]] (top-4 derivatives; 150M+ users; Universal Exchange UEX; Gracy Chen CEO) + [[kucoin]] (global top-5; 2025 DOJ $297M settlement + 2026 CFTC permanent US exit) + [[htx]] (formerly Huobi; Sep 2023 Justin Sun rebrand) + [[gemini]] (US Winklevoss; Sep 12 2025 NASDAQ IPO at $3.3B) + [[kraken]] (US #2).
Regulators: Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Estonia FIU.
Fun facts
- #3 global CEX by spot volume Dec 2025 + fastest-growing global crypto exchange 2025 (+90.9% YoY).
- 40M+ MEXC users in 170+ countries.
- $1.5T total 2025 spot trading volume + $86.0B Dec 2025 spot volume + 9.1% global CEX market share.
- 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges — distinctive MEXC altcoin coverage.
- Altcoin trading volume growth leader — distinctive MEXC niche.
- 2018 founding as MXC (renamed MEXC 2021).
- 2025 MEXC rankings leap from #9 → #4 → #3 (Dec 2025) global CEX by spot volume — distinctive MEXC 2025 rapid ascent.
Comparison
| Feature | MEXC | [[binance]] (global #1 by volume rival) | [[okx]] (global top-5 rival) | [[bybit]] (global top-5 rival) | [[bitget]] (top-4 derivatives + 150M+ users + Universal Exchange rival) |
|---|---|---|---|---|---|
| Operator | MEXC Global (Singapore-founded; Seychelles entity) | Binance Holdings Ltd (Cayman Islands) | OKEx Cayman Ltd (Seychelles HQ) | Bybit Fintech Limited (BVI; Dubai HQ) | Bitget Limited (Seychelles) |
| Type | #3 global CEX by spot volume Dec 2025 + fastest-growing 2025 (+90.9% YoY) + 40M+ users in 170+ countries + 2,278 spot pairs (6x competitors) + altcoin trading volume growth leader | Global #1 by volume + 250M+ users + Binance Smart Chain (BNB Chain) + 2023 US DOJ $4.3B settlement | Global top-5 + OKX Wallet + OKX Chain + Star Xu founder | Global top-5 + Mar 21 2025 $1.5B Lazarus Group hack survival | Top-4 derivatives + 150M+ users + Universal Exchange (UEX) + $8.17T 2025 derivatives volume |
| Country | Seychelles + 170+ countries (ex-US) | Cayman Islands + global (ex-US) | Seychelles + global | BVI + Dubai HQ + 90+ countries | Seychelles + 100+ countries (ex-US) |
| Distinctive | Apr 2018 founding as MXC; 2021 MEXC rename; 2024 $766.7B total spot volume; 2025 rankings leap from #9 → #4 → #3 (Dec 2025) global CEX by spot volume; $1.5T total 2025 spot trading volume (+90.9% YoY); 2,278 spot pairs + 824 futures pairs (6x competitors); altcoin trading volume growth leader | 2017 founding by CZ; 2023 US DOJ $4.3B settlement + CZ 4-month US prison + permanent CEO ban | 2017 founding (formerly OKCoin) | 2018 founding by Ben Zhou | 2018 founding; 2024 Gracy Chen CEO; 2025 Universal Exchange (UEX) launch |
Status
Active, #3 global CEX by spot volume Dec 2025 + fastest-growing global crypto exchange 2025 (+90.9% YoY) [1, 2, 3, 4]:
- MEXC Global (Singapore-founded; Seychelles entity) since Apr 2018 founding as MXC + 2021 MEXC rename.
- 40M+ MEXC users in 170+ countries + $1.5T total 2025 spot trading volume + $86.0B Dec 2025 spot volume + 9.1% global CEX market share.
- 2,278 spot trading pairs + 824 futures trading pairs — 6x more than mainstream exchanges + altcoin trading volume growth leader.
- Seychelles FSA + Lithuania VASP + Australia AUSTRAC + Estonia FIU regulated.
Sources
- 1 CryptoQuant's 2025 Annual Report: MEXC Leads Comprehensive Rankings — MEXC
- 2 MEXC surges to third place among global crypto exchanges, doubles trading volume in 2025 — CoinJournal
- 3 MEXC Statistics 2026 — CoinLaw
- 4 MEXC Statistics: Markets, Trading Volume & Trust Score — CoinGecko
- [global-cro] In-corpus:
reports/countries/global.md
Source
Biography extracted from mexc.md. See matrix.md for standards-support matrix if present.