The cryptocurrency market is growing fast, and one platform is making big news. MEXC has now become the second-largest crypto spot exchange in the world. This achievement happened after the platform recorded a huge trading volume of $150.4 billion in July 2025. In this article, you will learn what this means, why it is important, and how it affects the global crypto industry.
What is MEXC ?
MEXC is a cryptocurrency exchange platform that allows people to buy, sell, and trade digital currencies. It supports hundreds of coins and tokens, making it a popular choice for traders around the world. The exchange is known for:
Fast transactions
Low trading fees
User-friendly interface
Strong security features
Because of these features, MEXC has gained millions of active users in a short time.
MEXC’s Big Achievement
In July 2025, MEXC recorded a trading volume of $150.4 billion, which is a 61.8% increase from June 2025. This massive growth pushed MEXC ahead of many famous competitors. Now, it holds an 8.6% market share in the global spot trading market, making it the second-largest crypto spot exchange.
Why Did MEXC Grow So Fast ?
There are many reasons behind this success:
1. Low Fees
MEXC offers some of the lowest trading fees in the market, which attracts more traders.
2. Wide Range of Coins
It supports a large number of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins.
3. Strong Global Presence
MEXC has expanded in many countries, allowing users worldwide to trade easily.
4. Easy to Use
The platform has a simple interface, making it easy for both beginners and professionals.
5. Growing Crypto Market
The global crypto market is booming again in 2025, and many new investors are joining.
What Does This Mean for the Crypto Industry?
MEXC’s success shows that crypto trading is becoming more competitive. More people are trading cryptocurrencies, and platforms are working hard to give better services. This growth can:
Bring more innovation
Reduce trading fees globally
Increase adoption of cryptocurrencies
How Does MEXC Compare to Other Exchanges ?
Currently, the top three crypto spot exchanges are:
1. Binance – Still the largest globally
2. MEXC – Now the second largest with $150.4 billion trading volume
3. Coinbase/Kraken (varies by month)
This shows that MEXC is now competing with the biggest names in the market.
Is MEXC Safe for Traders ?
Yes, MEXC has built a strong reputation for security and transparency. It uses:
Two-factor authentication (2FA)
Cold storage for funds
Regular audits
However, like any crypto exchange, traders should also take their own precautions such as using strong passwords and enabling security features.
Future Plans of MEXC
MEXC plans to expand its services even more in 2025 and 2026. Some of its upcoming goals include:
Launching more trading pairs
Expanding into new regions
Adding advanced trading tools for professionals
Introducing educational programs for new traders
Conclusion
MEXC becoming the second-largest global crypto spot exchange is a major milestone in the cryptocurrency world. With $150.4 billion trading volume, it shows how fast this platform is growing. For traders, this means more options, better competition, and possibly lower fees in the future.
If you are interested in cryptocurrency trading, MEXC is now one of the top platforms to consider. But always remember to do your research and trade responsibly.