The top MEXC referral code is “cnjmexcref,” which allows you to receive a sign-up bonus of up to 8,000 USDT and a 10% discount on trading fees. This referral code provides the highest rewards available on the MEXC crypto exchange.

You can enter the MEXC referral code when creating a new account. Just type “cnjmexcref” in the referral code field during registration to instantly unlock your rewards. In this article, we’ll explain what the MEXC referral code is, the different types of bonuses you can receive, the benefits of using it, and a step-by-step guide on how to apply the referral code and enjoy its perks.

What is the MEXC referral code? The MEXC referral code is a promotional code that gives new users access to exclusive rewards. These rewards may include sign-up bonuses, trading fee discounts, and more when used during the registration process.

The best MEXC referral code, “cnjmexcref,” offers a sign-up bonus of up to 8,000 USDT and a 10% rebate on trading fees. Be sure to enter this code when creating your account to start earning your referral rewards.

A growing number of traders have raised concerns about funds being deducted from their MEXC accounts, but the exchange has dismissed these complaints as “misinformation.” MEXC has denied accusations that it “steals” profits from customers who make unusually large gains. In a recent post on X, the exchange clarified that “users engaging in normal trading activities will not be affected” by its clawback policies, which are intended to safeguard the platform against suspected market manipulation. However, some users continue to report that funds have been unjustly removed from their accounts.

MEXC, the 11th-largest centralized crypto exchange by trading volume according to CoinMarketCap, handles about $1.3 billion in spot trading volume daily. The platform is particularly known for its perpetual futures trading, with over $7 billion in daily volume.

In a February interview with Cointelegraph, an MEXC user named “Al Gore Rhythms” claimed that his account was frozen and funds were removed after several profitable crypto perpetual futures trades. He reported that his positions in BONK, ICP, SATS, and GROK altcoin perpetuals had seen returns ranging from 380% to 2,200%, when his account suddenly stopped functioning. Attempts to log in produced error messages indicating that the account was restricted due to “risk control.” The user later discovered that $33,658 had allegedly been deducted from his spot account. Despite his balance showing a reduction from $75,054.54 to $41,396.54, this deduction did not appear in his transaction history.

Seeking answers, Al Gore Rhythms contacted MEXC’s customer service and opened a ticket inquiring about the deduction. In response, MEXC allegedly told him that the exchange had taken “measures to recover the losses incurred” due to “abnormal trading activities” on his account. When he requested a transaction record for the amount taken, which he needed for “tax purposes,” he claims the exchange refused to provide this information and later erased his entire transaction history. The user showed Cointelegraph a video of his transaction history, which appeared blank, along with a screenshot of the history before it was deleted.

Cointelegraph was unable to independently verify the allegations or confirm if the video and screenshot were from the same account.

Further communication with MEXC’s customer service allegedly revealed that the funds were deducted to cover “the losses of MEXC.

MEXC Exchange is a high-performance trading platform capable of processing up to 1.4 million transactions per second. It allows users to buy, sell, hold, and trade cryptocurrencies without the need to disclose personal details, requiring only the email address or phone number used for registration.

Over time, MEXC Global has emerged as one of the leading cryptocurrency trading platforms, offering a wide selection of cryptocurrencies and trading pairs for both spot and futures markets. With the largest crypto pool in the industry and a high daily trading volume, MEXC ensures significant liquidity.

The platform provides services such as trading, staking, lending, and borrowing, all while offering users extremely low transaction fees. Additionally, MEXC features a Launchpad, Kickstarter, and Airdrop, granting early access to new tokens before they are listed.

If you’re wondering whether it’s safe to trade crypto on MEXC in 2024, the answer is YES. However, it’s essential to understand how the platform operates before diving in.

In this review, we’ll answer key questions such as: What is MEXC? What are its advantages and disadvantages? What are the trading fees on MEXC? What are the best features? And how can you open a new account on MEXC? Let’s get started!