I've been actively trading but haven't explored the options for reduced fees on Mexc Exchange . What are the specific requirements to qualify for reduced trading fees?

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Xolvie
Xolvie Resolution Specialist January 28, 2024 1:52 pm

MEXC gives users several ways to lower trading fees, so they can fit their own preferences and trading strategies:

• Keeping MX tokens in your spot wallet is a simple way to do it. There are tiered fee discounts for taker fees in spot trading. The discounts go from 50% off for holding at least 1,000 MX tokens for 15 days in a row to 70% off for holding at least 10,000 MX tokens.

• The VIP program is another way to get lower fees. VIP levels are based on things like the amount of trading done in 30 days, the number of MX tokens held, and the total number of assets held. As your VIP level goes up, you can get bigger discounts on account managers, trading fee rebates, taker fees, bonus referral fees, and airdrops every three months.

• MEXC's trading competitions give users the chance to get lower fees by meeting certain performance standards. The referral program also lets users invite friends and get fee discounts based on how much their friends trade.

It's important to keep in mind that some options for fee reductions may not be able to be stacked. Users should always check the terms and conditions for each option to make sure they meet the requirements.

Always remember to verify the most recent information directly from Mexc Exchange as they alter their policies and services often. We're interested in your perspective, so feel free to comment.

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