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MEXC Referral Code: 20% Back on Trading Fees

MEXC referral code mexc-AlphaDisc returns 20% of your spot and futures trading fees. Learn how MEXC pays the rebate, which countries it serves and what the code saves at current rates.

MEXC referral code cover: a ring of trading fees with a fifth lifted out and glowing MEXC blue with 20% beside it, a dotted arrow returning it to MEXC's real sign-up form showing code mexc-AlphaDisc and commission sharing of 20.00% on spot and futures

Key takeaways

  • Code mexc-AlphaDisc returns 20% of your spot and futures trading fees: MEXC allows affiliates to pass no more than this share to new users. Your rate is fixed at registration, with rebates paid daily.
  • You only receive a rebate on fees you pay: Maker orders wait in the order book and cost 0% on every MEXC spot pair and on bitcoin futures. The code reduces the standard 0.05% spot taker fee to an effective 0.04%. On bitcoin (BTCUSDT) futures, the 0.02% taker fee falls to 0.016%.
  • Regulators that examined MEXC found it unlicensed: Authorities in Seychelles, Dubai and the Netherlands have each found MEXC serving customers without a licence. The user agreement now identifies a company in the Comoros as your counterparty.
  • Eligibility depends on where you live: MEXC bars users from 14 named countries and territories, including the US, the UK, Canada and Singapore. Dutch accounts are due to close by 31 Oct 2026. Offboarding in Russia and Belarus began on 20 Oct 2026.

Use MEXC referral code mexc-AlphaDisc to receive 20% of the fees you pay on spot and futures trades. Buying on the spot market means buying the coin itself. Perpetual futures track a coin's price through contracts that never expire.

At the standard 0.05% taker rate in MEXC's fee guide, a $10,000 bitcoin spot market order costs $5. The rebate returns $1.

MEXC links new accounts to their inviter at sign-up, so enter the code when creating your account. If you forget, you can still add it within 30 days of registration.

Alpha Finance owns the code and earns a commission from MEXC on your fees. Your 20% comes from that commission, as explained in our affiliate disclosure.

What MEXC referral code mexc-AlphaDisc gives you

Opening an account with mexc-AlphaDisc gives you 20% back on each eligible spot and futures fee. This is the maximum share MEXC permits.

Any user can earn 40% of an invited friend's net trading fees for 1,080 days through MEXC's standard referral program. Its separate affiliate program offers approved affiliates commissions of up to 70%.

The MEXC affiliate system has allowed affiliates to share part of their commission with invitees since September 2024. Affiliates set separate rates for spot and futures, capped at 20% of the new user's fees. Code mexc-AlphaDisc provides the full 20% on both markets.

MEXC illustrates this with an affiliate earning a 50% commission and sharing 10%. When the new user pays 100 USDT in fees, the affiliate receives 40 USDT and the user gets 10 USDT. USDT (Tether) is a stablecoin, meaning a token pegged to the US dollar.

FeatureStandard referral codeAffiliate code such as mexc-AlphaDisc
Who can share itAny MEXC userApproved MEXC affiliates
Inviter's commission40% of the new user's net spot and futures feesUp to 70%
What the new user getsFutures bonus rewards after a valid referralA share of each fee, up to 20%
How long it runs1,080 days from the new user's sign-upShare fixed at the rate in force on sign-up

Existing accounts retain the sharing rate they registered with. Under MEXC's commission sharing rules, any subsequent change to a code's rate affects only new sign-ups.

MEXC referral code mexc-AlphaDisc shares the full 20% MEXC allows: two gauges show 20% on spot and 20% on futures, the maximum; of every 100 USDT in net fees you pay, 20 USDT comes back to you and 80 USDT stays with MEXC and the affiliate; a standard referral pays the inviter 40% of a friend's net fees for 1,080 days, while approved affiliates earn up to 70% and can pass up to 20% back; later changes to a code's share only reach new sign-ups

How MEXC pays the referral fee rebate

MEXC charges the normal trading fee upfront and returns your 20% share the next day.

Its commission sharing rules specify that affiliate commissions settle before 00:00 UTC each day. Invitees receive their share before 01:00 UTC.

Your rebate comes from commission calculated on net trading fees. MEXC's referral rules define these as fees after bonuses and discounts. The calculation excludes fees paid with futures bonuses, deposit and withdrawal fees, and fees from activity MEXC considers abnormal.

The rebate rate is the same for maker and taker orders, although most maker orders on MEXC are free. A maker order is a limit order that waits for another trader to match it in the order book, where buy and sell orders are queued by price. Taker orders execute immediately against orders already waiting and carry a fee.

How MEXC pays the referral rebate on a 24-hour UTC clock: affiliate commission is settled before 00:00 UTC and your 20% share is credited before 01:00 UTC the next day; the share is worked out on net fees, which are fees minus bonuses and discounts; maker and taker orders earn the same rate; fees paid with a futures bonus, deposit and withdrawal fees, and fees from trading MEXC considers abnormal earn nothing back

How the rebate works with MEXC sign-up bonuses

The Rewards Hub advertises up to 10,000 USDT in new-user rewards for completing time-limited tasks. Under its terms, rewards take the form of futures bonuses, fee vouchers, position airdrops and token vouchers. It also offers copy trading bonuses for mirroring other traders' positions.

You can use futures bonuses as margin or to pay fees and funding, but you cannot withdraw them. MEXC revokes unused amounts at expiry. Each reward undergoes a risk review lasting up to seven calendar days, and some tasks require Advanced KYC identity verification. Both futures bonuses and fee vouchers expire after 15 days.

Because fees paid with a futures bonus generate no referral commission, they do not qualify for your 20% rebate.

How to use a MEXC referral code at sign-up

Check that the registration form contains the code before submitting it. You will also need to verify your identity to use the account fully.

  1. Open the invite link: The referral box above takes you to MEXC's sign-up page with mexc-AlphaDisc filled in. If you use the standard registration page, enter the code in the referral field exactly as shown.
  2. Create the account: Sign up with an email address or phone number and set a password. Each person may hold a maximum of two accounts under MEXC's user agreement.
  3. Verify your identity: MEXC's Help Center requires know your customer (KYC) verification before you can use its products. This is the identity check exchanges conduct on new users. Primary KYC requires one ID document. Advanced KYC adds a selfie and enables fiat currency deposits.
  4. Deposit crypto: Receiving crypto deposits is free on MEXC. Withdrawals carry a network fee, ranging from nothing for USDT on Plasma to 0.5 USDT on Tron in MEXC's 8 Oct 2026 schedule.
  5. Trade spot or futures: Taker orders generate a rebate on pairs that charge fees. Pairs tagged 0 Fees return nothing.
  6. Check your first credit: The first payment should arrive before 01:00 UTC on the day after your first taker trade.

Primary KYC permits daily crypto withdrawals of 80 bitcoin (BTC), while Advanced KYC raises that limit to 200 BTC, according to MEXC's KYC guide. Verify before funding the account. Since 5 Feb 2026, accounts without KYC cannot deposit, withdraw or trade.

Inviting yourself is prohibited under MEXC's referral rules. Any commission earned this way is cancelled.

How to use MEXC referral code mexc-AlphaDisc: a screenshot of MEXC's sign-up page with the referral code field filled in as mexc-AlphaDisc and the line Commission sharing: Spot 20.00% / Futures 20.00%; beside it a timeline: register through the invite link, with up to two accounts per person; pass the KYC identity check before funding, because since 5 Feb 2026 accounts without KYC cannot deposit, withdraw or trade; a forgotten code can be added within 30 days of sign-up through customer service or the self-service tool; once linked, the code cannot be changed or removed

How much the MEXC referral code saves

For accounts trading less than 10 million USDT per month, MEXC applies its base rates. How much you receive back depends on the volume of your taker orders.

The table uses MEXC's fee page as of 25 Oct 2026 and its fee guide. Check your contract's tag because rates vary. Where available on your account, MX deduction lets you pay fees with MEXC's own token, MX, at a 20% discount.

MarketMaker feeTaker feeTaker after 20% rebateTaker with MX and rebate
Spot, standard pairs0%0.05%0.04%0.032%
Spot, pairs tagged 0 Fees0%0%0%0%
BTCUSDT perpetual futures0%0.02%0.016%0.0128%
Standard-tier futures, e.g. ETHUSDT0.01%0.04%0.032%0.0256%
Futures tagged 0 Fees, e.g. ZECUSDT0%0%0%0%

MEXC calculates commission on net fees after discounts, so the final column applies the rebate to the amount remaining after the MX discount. For standard-tier maker orders, the rebate reduces the 0.01% fee to an effective 0.008%.

Special Rate spot pairs can charge more. LUNA/USDT, for example, costs 0.08%. Since 1 Jun 2026, futures orders placed through MEXC's API, the connection used by trading software, have carried maker fees of 0.06% and taker fees of 0.08%. Neither MX discounts nor zero-fee events apply to API orders.

On a $10,000 BTC/USDT spot market purchase, you pay $5 and receive $1 back. Placing the same purchase as a limit order that waits in the order book costs nothing, so there is no rebate.

Futures fees apply to the position's notional value, meaning its full market value, even when you provide only part of that amount as margin. A $10,000 BTCUSDT position opened and closed with market orders costs $2 each way. You receive $0.80 back from the $4 total.

Monthly BTCUSDT taker volume of $1 million generates $200 in fees and a $40 rebate, equivalent to $480 over a year. At the standard-tier contract rate of 0.04%, the same monthly volume costs $400 and returns $80.

MEXC taker fees before and after the 20% rebate, at base rates for accounts under 10 million USDT a month: standard spot pairs such as BTC/USDT fall from 0.05% to 0.04%, or 0.032% with MX deduction; BTCUSDT perpetual futures from 0.02% to 0.016%, or 0.0128%; standard-tier futures such as ETHUSDT from 0.04% to 0.032%, or 0.0256%; $1 million of BTCUSDT taker orders a month returns $40 on $200 of fees, $480 a year, and the same volume on a 0.04% contract returns $80 a month; maker orders and pairs tagged 0 Fees cost nothing and return nothing

Where MEXC is available and how it is regulated

MEXC determines account eligibility by country of residence. Each regulator that has examined the exchange found it operating without a licence.

World map of where MEXC is barred: the United States, Canada, the United Kingdom, Russia, Belarus, Kazakhstan, China, Hong Kong, Singapore, Malaysia, Iran, Sudan, Cuba and North Korea are shaded as barred by the 13 Oct 2026 user agreement, and the Netherlands is marked with accounts closing by 31 Oct 2026; numbered findings: the Dutch AFM warned on 24 Sep 2025 that MEXC had no licence, Dubai's VARA fined MX Global for unlicensed service from 2022 to April 2026, the Seychelles FSA named MX Global the unlicensed operator on 26 May 2026, and MEXC (Comoros) Ltd is the company you contract with; beside the map, MEXC's October 2026 proof of reserves, audited by Hacken, shows reserve ratios of 294% for bitcoin, 122% for USDT, 115% for USDC and 111% for ether

Countries MEXC does not serve

Updated on 13 Oct 2026, MEXC's user agreement prohibits users from North Korea, Cuba, Sudan, Iran, Mainland China, Singapore, Malaysia, the United States, the United Kingdom, Hong Kong, Kazakhstan, Russia, Belarus and Canada. It also excludes Russian-controlled regions of Ukraine.

Countries subject to comprehensive EU or US sanctions are barred, as are those blacklisted by the Financial Action Task Force (FATF), the global body that sets anti-money laundering standards. Misstating your residence allows MEXC to close your account and liquidate open positions under the agreement.

MEXC is winding down every account in the Netherlands across four batches, citing regulatory changes in the European Economic Area (EEA). Restrictions reached the final batch on 24 Oct 2026. Offboarding ends on 31 Oct 2026, after which remaining assets pass to a regulated custodian.

Dutch users were directed to Bybit EU and Kraken. Kraken announced on 12 Aug 2026 that it would accept referred MEXC clients in the Netherlands, including spot and derivatives traders.

For details on fee cashback, see our Kraken referral code guide. Our review of Bybit's restricted countries and licences covers Bybit EU.

The withdrawal from Russia and Belarus was announced on 20 Oct 2026. MEXC gives each affected account a deadline to close positions and withdraw assets.

Although Australia does not appear on the prohibited list, MEXC's fee guide lists it among markets where the exchange may not be available or authorised. Compare locally registered platforms in our guide to crypto exchanges in Australia.

MEXC has no licence under the EU's Markets in Crypto-Assets Regulation, MiCA. On 24 Sep 2025, the Dutch regulator, the AFM, warned consumers that MEXC was providing crypto services in the Netherlands without a licence and no longer appeared in any trade register.

EU residents can compare exchanges licensed under MiCA.

What regulators have found about MEXC

The Financial Services Authority of Seychelles identified MX Global Ltd as MEXC's operator on 26 May 2026. It found the company operating without a licence under the Virtual Asset Service Providers Act. The breaches date back to 1 Jan 2025.

The regulator said the company's unsupervised status prevents it from investigating complaints or helping recover funds.

For serving Dubai customers as an unlicensed broker-dealer or exchange between 2022 and April 2026, Dubai's Virtual Assets Regulatory Authority (VARA) fined MX Global LTD. It also ordered the company to stop all unlicensed activity in or from Dubai.

The company named in MEXC's current user agreement is MEXC (Comoros) Ltd, registered in the Union of Comoros. That is your contracting entity. Disputes are subject to arbitration at the Hong Kong International Arbitration Centre under the laws of England and Wales.

MEXC proof of reserves and Guardian Fund

Proof of reserves reports show whether an exchange holds at least as much of each asset as customers have deposited. In MEXC's October 2026 report, audited by Hacken, reserve ratios were 294% for bitcoin, 122% for USDT, 115% for USD Coin (USDC) and 111% for ether.

A Merkle tree lets customers verify that their balance was included. This cryptographic structure proves an entry belongs to a dataset without revealing the other entries.

MEXC separately maintains a Guardian Fund for serious security incidents. Its September update reported holdings of 2,000 BTC and more than 100 million USDT after adding 1,000 BTC that month. The October reserves release sets a target of growing the fund to $500 million within two years.

Reserve reports capture holdings at a single moment. Our terminal tracks bitcoin balances exchange by exchange between reports.

Recent MEXC changes that affect new accounts

During 2026, MEXC has expanded into share contracts and event markets while withdrawing from several countries.

  • A new chief executive: MEXC appointed Vugar Usi as CEO on 8 Apr 2026. Previously its chief operating officer, Usi had also worked at Bitget. The announcement carried a Victoria, Seychelles dateline.
  • More zero-fee pairs: MEXC's September figures reported 1,575 pairs trading at zero fees and total monthly volume of $407 billion in September 2026.
  • Shares and commodities: Coverage of traditional financial assets exceeded 10,000 in the same update. The Q2 2026 report records the second-quarter launch of RealStocks, MEXC's US share trading product. These offerings sit alongside the wider market for tokenised stocks and commodities.
  • Prediction markets: MEXC introduced a prediction market in March 2026. Traders buy contracts that pay out when an event occurs. Follow live prediction market odds covering crypto, macro and geopolitics.
  • A renamed VIP program: MEXC renamed its VIP tiers Alpha Trader in April 2026. According to its fee guide, the tiers range from A1 to A7, beginning at 10 million USDT in monthly volume on fee-paying pairs.
Timeline of MEXC changes from March to October 2026: a prediction market launched in March, Vugar Usi became chief executive on 8 Apr after serving as chief operating officer, RealStocks US share trading was added in the second quarter, Kraken agreed on 12 Aug to take referred Dutch MEXC clients, 1,575 pairs traded at zero fees in September as the Guardian Fund grew to 2,000 BTC, and MEXC left three markets in October: Russia and Belarus from 20 Oct and the Netherlands by 31 Oct

The risks of trading on MEXC with leverage

You can lose all the margin committed to a leveraged position. A fee rebate does not offset that loss.

Leverage uses borrowed money to open a position larger than your deposit, known as margin. With 10 times leverage, a 10% adverse price move wipes out that margin and causes MEXC to close the position automatically through liquidation. At 500 times leverage, a move of about 0.2% can trigger liquidation, according to MEXC's own risk warning.

For a $10,000 position backed by $1,000 of margin at 10 times leverage, the loss is $1,000. The rebate for opening and closing that position at the BTCUSDT taker rate is $0.80. MEXC's guide also lists a 0.04% liquidation fee on bitcoin futures, which zero-fee promotions do not cover.

Funding adds another cost to perpetual futures. These regular payments pass between traders positioned for a rise, known as longs, and those positioned for a fall, known as shorts, to keep the contract close to the spot price. Most MEXC contracts settle funding every eight hours. The exchange takes no share, so the rebate does not reduce the payment.

A $100,000 position incurs $10 per settlement at a funding rate of 0.01%. Before opening a position, compare funding rates across six exchanges and check where it would close with our liquidation price calculator.

Expired bonuses can also affect an open position. The Rewards Hub terms warn that revoking a futures bonus reduces your margin and may push a bonus-funded position into liquidation.

For disputes, MEXC's user agreement limits its liability to the trading fees you paid during the three months before the claim.

Why no fee rebate offsets a liquidation on MEXC: a ruler shows a move of about 0.2% triggers liquidation at 500x leverage and 10% at 10x; bars drawn to the same scale compare $1,000 of margin lost on a 10% move at 10x with the $0.80 rebate on opening and closing the same $10,000 BTCUSDT position; costs the rebate never touches are funding of $10 per settlement on $100,000 at a 0.01% rate, a 0.04% liquidation fee on bitcoin futures even in zero-fee promotions, and expiring futures bonuses that cut your margin when revoked

Not investment advice

This article explains market data. Nothing on this page is a recommendation to buy, sell or leverage any asset. Digital assets are volatile and you can lose everything you put in. If you are unsure whether a trade is appropriate for you, a licensed adviser in your jurisdiction is the right next step.

Written by

Alpha Finance Editorial Team

Part of the Alpha Finance research team. Meet the team

Fact checked by

Vince Dioquino

Verifies every figure against primary sources before publication. Meet the team

Questions

What is the MEXC referral code?

Use MEXC referral code mexc-AlphaDisc to get 20% of your spot and futures trading fees back. Enter the code at registration, then verify your identity before trading. Under its affiliate commission sharing rules, MEXC pays your share daily before 01:00 UTC.

Can I add a MEXC referral code after registration?

You can add one within 30 days of registering. MEXC's affiliate FAQ allows a main account to link a code through customer service or the self-service linking tool. The code cannot be changed or removed once linked. Self-referrals are prohibited under MEXC's referral rules.

Does the MEXC referral code work on futures?

Code mexc-AlphaDisc returns 20% on both spot and futures fees. Affiliates set the sharing rate separately for each market. For BTCUSDT perpetual futures, the rebate brings the 0.02% taker fee down to an effective 0.016%. Maker orders on that contract are already free.

Is there a MEXC sign-up bonus?

New users can qualify for up to 10,000 USDT in rewards through MEXC's Rewards Hub. Its terms provide for futures bonuses, vouchers and similar credits following a risk review of up to seven days. Futures bonuses expire after 15 days and cannot be withdrawn.

Which countries cannot use MEXC?

Residents of 14 named countries and territories are barred under MEXC's user agreement. These include the United States, the United Kingdom, Canada, Singapore, Hong Kong, Russia and Belarus. Sanctioned countries and Russian-controlled regions of Ukraine are also excluded. MEXC is closing Dutch accounts by 31 Oct 2026.

Do I need KYC to use a MEXC referral code?

Identity verification is required to use MEXC's products, according to its KYC guide. One ID document is needed for Primary KYC. Advanced KYC requires a selfie as well and enables fiat deposits.