What is the MEXC Referral Code?
The MEXC referral code mexc-cpdiscount links a new account to a 15% rebate on the trading fees you pay. It has to be present in the invite field when the account is created, since MEXC does not attach a referrer retroactively.
MEXC’s headline is the fee schedule underneath the rebate. Maker orders on USDT-margined futures are free, and taker fees start at 0.02%, which is the cheapest combination of any centralised venue on this page. For a maker-heavy strategy the effective cost is close to zero before the rebate is even applied.
MEXC also carries the widest leverage ceiling here at 200x, and it lists a very large spot catalogue, so it tends to attract traders chasing new listings. That flexibility comes with the weakest regulatory position of the venues covered, which is reflected in its Coinperps rating.
The new-user rewards are task based. A small welcome credit lands at sign-up, and MEXC frequently runs partial loss coverage on a first futures trade alongside deposit and trading milestones. Amounts change often, so read the live campaign terms in your account rather than relying on a figure quoted elsewhere.