What is MEXC Futures? (USDT-M / USDC-M / COIN-M)
MEXC Futures is a powerful trading platform that allows users to trade crypto derivatives with leverage. It supports multiple contract types, including USDT-M, USDC-M, and COIN-M perpetual contracts. These contracts enable traders to long or short cryptocurrencies without owning the underlying assets.
Referral Code: mexc-thehub
Use the referral code mexc-thehub when signing up on MEXC to get exclusive futures trading bonuses, fee discounts, and other promotional perks.
USDT-M Futures
USDT-Margined (USDT-M) futures contracts are settled and margined in USDT (Tether). Traders open long or short positions using USDT as collateral. These contracts are ideal for traders who prefer stablecoin settlements and want to avoid volatility in margin value.
-
Stable margin (USDT)
-
High liquidity and wide market adoption
-
Supports cross and isolated margin modes
-
Up to 200x leverage on selected pairs
USDC-M Futures
USDC-Margined (USDC-M) futures work similarly to USDT-M, but use USDC (USD Coin) as collateral. This option is suitable for users who prefer USDC for regulatory compliance or platform integration reasons.
-
USDC-backed margining
-
Preferred for DeFi and stablecoin ecosystem users
-
Isolated & cross margin options
-
Efficient for API and institutional trading
COIN-M Futures
COIN-Margined (COIN-M) futures are margined and settled using the cryptocurrency being traded. For example, a BTC/USDT COIN-M future would use BTC as both margin and settlement currency.
-
Earn native token (e.g., BTC or ETH) as PnL
-
Ideal for long-term crypto holders
-
No need to convert to stablecoins
-
Exposure to crypto price appreciation
Comparison Table: MEXC Futures Types
| Contract Type | Collateral | Settlement | Leverage | With MEXC Referral Code mexc-thehub |
|---|---|---|---|---|
| USDT-M | USDT | USDT | Up to 200x | Fee discounts, bonus vouchers |
| USDC-M | USDC | USDC | Up to 100x | VIP fee levels, rebates |
| COIN-M | Native Token | Native Token | Up to 125x | Higher yield on PnL, campaigns |
Commission Fee Structure (Maker / Taker)
| Contract Type | Standard Maker Fee | Standard Taker Fee | With MEXC Referral Code mexc-thehub |
|---|---|---|---|
| USDT-M | 0.02% | 0.06% | Up to 50% Discount |
| USDC-M | 0.02% | 0.06% | Up to 50% Discount |
| COIN-M | 0.01% | 0.05% | Up to 50% Discount |
Technical Highlights
-
Real-Time Risk Engine: Ensures high-speed liquidation and position monitoring.
-
Auto-Deleveraging (ADL): Minimizes risk of bankruptcy during volatile market conditions.
-
Funding Rate Mechanism: Keeps futures price aligned with spot market.
-
Multi-Device Access: Available via mobile app, web, and API.
-
Advanced Charting Tools: Integrated with TradingView indicators.
Click here to sign up on MEXC using referral code mexc-thehub and unlock premium futures trading features!