How to Deposit Cryptocurrency to MEXC (Web)

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Depositing cryptocurrency into your MEXC account is a straightforward process that allows you to start trading quickly and securely. Whether you're transferring funds from a personal wallet like MetaMask or another exchange, this step-by-step guide will walk you through the entire deposit process on the MEXC web platform.

This guide covers everything from logging in and selecting the correct network, to confirming your transaction — all while emphasizing critical safety practices to protect your assets.

Step 1: Log In and Access Your Asset Dashboard

Begin by opening your preferred web browser and navigating to the official MEXC website. Click on [Log In] in the top-right corner and enter your credentials to access your account.

Once logged in, hover over or click on 【Assets】 at the top of the page, then select 【Spot】 from the dropdown menu. This will take you to your spot wallet dashboard, where you can manage your available balances and initiate deposits.

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Step 2: Initiate a Deposit

On the Spot Wallet page, locate and click the 【Deposit】 button on the right-hand side. This opens the deposit interface, where you’ll be prompted to choose the cryptocurrency you wish to deposit.

MEXC supports hundreds of digital assets across multiple blockchain networks, so it's essential to proceed carefully to avoid irreversible mistakes.

Step 3: Select Cryptocurrency and Network

Now, search for the coin you want to deposit — for example, MX Token. After selecting it, you'll see a list of supported networks (e.g., ERC20, BEP20, TRC20, etc.).

Important: Always ensure that the network you select on MEXC matches the network used by your sending wallet or exchange. Sending funds via an incompatible network may result in permanent loss of funds.

For this example, we’ll use MX Token via the ERC20 network.

After choosing the correct network, click 【Generate Address】. A unique deposit address will appear — copy this address carefully.

📌 Pro Tip: Double-check every character of the address before proceeding. Consider pasting it into a text editor first to verify its完整性.

Some cryptocurrencies, such as EOS or XRP, require not only an address but also a Memo or Tag. If required, both the address and memo must be entered correctly in your sending wallet; otherwise, your deposit may not be credited.

Additionally, different networks come with varying transaction fees and processing speeds. For cost-efficiency, consider selecting a network with lower gas fees during periods of low congestion — such as BEP20 (BSC) or Polygon — especially when transferring smaller amounts.

Step 4: Send Funds from Your Wallet (Example: MetaMask)

Let’s assume you’re using MetaMask to send MX Tokens to MEXC.

  1. Open MetaMask and make sure you’re on the correct network (in this case, Ethereum for ERC20).
  2. Click 【Send】, then paste the MEXC deposit address into the recipient field.
  3. Confirm that both the token type and network match exactly.
  4. Enter the amount of MX Token you'd like to transfer.
  5. Review the estimated network fee — keep enough ETH in your wallet to cover gas costs.
  6. Click 【Next】, review all details carefully, then confirm the transaction.

Your transfer is now initiated. Depending on network traffic, it typically takes just a few minutes for MEXC to detect and credit your deposit.

You can monitor the status of your transaction using a blockchain explorer by searching for the transaction hash (TXID) provided by MetaMask.

Key Safety Tips When Depositing Crypto

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Frequently Asked Questions (FAQ)

Q: How long does it take for my deposit to appear in my MEXC account?

A: Most deposits are credited within 10–30 minutes. However, processing time depends on blockchain congestion and the number of confirmations required by MEXC. You can check real-time status under 【Assets】 > 【Deposit History】.

Q: Can I use any network to deposit my cryptocurrency?

A: No. You must use a network supported by MEXC for that specific coin. For example, USDT can be sent via ERC20, BEP20, or TRC20 — but sending USDT-ERC20 to a BEP20 address will result in lost funds.

Q: What should I do if I sent funds using the wrong network?

A: Act immediately. If you sent funds via an unsupported network or forgot to include a memo, contact MEXC Customer Support with your transaction ID (TXID). Recovery is not guaranteed but may be possible in certain cases.

Q: Is there a minimum amount required to deposit?

A: Yes, each cryptocurrency has a minimum deposit threshold — usually small (e.g., $1–$5 equivalent). Check the deposit page for exact values to avoid failed transactions.

Q: Why do some coins require a Memo/Tag?

A: Coins like XRP, EOS, or XEM use shared addresses with unique identifiers (Memos/Tokens/Tags) to route funds correctly. Omitting this information means your deposit won’t be recognized.

Q: Are there fees for depositing crypto on MEXC?

A: MEXC does not charge deposit fees. However, you are responsible for paying the blockchain network’s transaction (gas) fee when initiating the transfer from your wallet or exchange.

Final Thoughts

Depositing cryptocurrency to MEXC is a simple yet critical step in beginning your trading journey. By following these clear instructions and exercising caution — especially when selecting networks and verifying addresses — you can ensure fast, secure fund transfers every time.

Always remember that blockchain transactions are irreversible. Taking an extra minute to verify details can save you from costly mistakes.

Whether you're moving funds from a decentralized wallet or consolidating holdings from another exchange, understanding the deposit workflow empowers you to trade confidently on one of the most versatile platforms in the crypto space.

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Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or legal advice. Always conduct your own research and understand the risks involved in cryptocurrency transactions.