How to Trad MEER on MEXC

Qitmeer Network
7 min readAug 13, 2023

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🔹MEXC Global

Founded in 2018, MEXC Global is a centralized exchange using high-performance Block Trade matching technology. The platform is operated by a team of professionals with extensive experience in the financial industry and blockchain technology. Currently, MEXC Global has about 10 million users in more than 170 countries around the world.

Advantages

  • The interface is clean and easy to operate.
  • Fiat currency transactions support multiple payment and withdrawal methods.
  • 24 Hour Client Server official website, the home page can easily find the customer service entrance, you can directly contact the official customer service.
  • The MEXC exchange is simple to operate, especially suitable for newcomers who have just entered the currency circle; the trading depth of the trading pair is better.

🔹MEXC Exchange registration process

Sign Up

  • It is recommended to use Google Mail and Outlook Mail to register. Enter your email and password, and click [Sign Up].
  • Then fill in the MEXC exchange registration verification code you received in Google Email.

Security Center

  • Log in to the MEXC official website, click [Personal account] - [Security].
  • Select download method,Click on [Next Step]
  • Copy and back up the Google Authenticaton key
  • Enter the login password, email verification code, and Google authentication code to complete the binding.

🔹Exchange asset management

Below the Assets button are seven sections. Only four of them are described below: 【Wellet Overview】, 【Spot accounts】, 【Fiat accounts】, and 【Transaction History】.

  • Click【Wellet Overview】 - 【Estimated Balance
  • In the Wellet Overview can quickly perform basic operations such as [Deposit], [Withdraw], and [Transfer].

🔹Asset Allocation: Shows how assets are distributed across all accounts.

🔹Spot Trading: The funds account is an account that mainly deals with the spot trading of digital currencies.

  • Click [Deposit] can transfer the assets of the Fiat account in, or deposit digital assets to trade.

🔹Fiat Currency Account: A receiving account after purchasing digital currency from the OTC market.

🔹Transaction History: It mainly includes the user’s deposit, withdrawal, transfer and other related records. These records are used to track and record the user’s fund flow on the platform.

🔹MEER Spot Trading

Log in to the MEXC official website (https://www.mexc.com), find [Markets], search for ‘MEER’, and click to enter the Markets interface, as shown in the figure below:

Enter the MEER/USDT trading interface, the left side is the trend of the K line and the order book, and the middle is the trading area.

  • The type of entrustment can be selected as [Limit order], [Market order], [Stop - limit order], fill in the price and demand quantity.
  • Click [buy] / [sell ] (market order does not need to fill in the price, and directly place the order at the best price in the market), as shown in the following figure:
  • View uncompleted orders in [Open Orders] and view historical orders in [Trade History].

🔹The following is a supplementary note on trading MEER:

In the process of trading MEER, on the one hand, it is necessary to examine the depth and spread of MEER trading pairs, and on the other hand, it is necessary to consider the appropriate type of trading: limit order, market order, planned order.

Note:The following are the applicable conditions for Limit Orders, Market Orders, and Plan Orders(Currency transaction fee rate standard: Maker: 0.15%;Taker: 0.2%):

🔹Recharge digital currency

Log in to the MEXC official website. Click on the top right [Wallet Overview] - [Deposit], here MEER recharge as an example. Select ‘MEER’ in the search box and select Recharge Qitmeer Network.

The MEER top-up address for your MEXC exchange will appear. When an unmanaged wallet transfers funds to the exchange’s top-up address, the transfer network must be consistent and the exchange will be credited after 35 blocks are confirmed, which takes about 20 minutes.

🔹Withdraw digital currency

Log in to the MEXC official website. Click [Wallet Overview] - [Withdraw] in the upper right, and take ‘MEER’ as an example here. Select MEER in the Select Currency search box, select the withdrawal network and address, fill in the withdrawal amount, and click Submit.

🔹Here are common considerations during MEER extraction:

The minimum withdrawal amount of MEER may be adjusted at any time according to market conditions, and the specific withdrawal page shall prevail.

The total value of daily MEER withdrawal for non-real-name users depends on the regulations of each exchange. The withdrawal amount for real-name users is subject to the withdrawal interface display.

MEER withdrawal, not only needs to fill in the correct withdrawal address, it is best to fill in the label or remarks, easy to find.

🔹Exchange use frequently asked questions

① Why has my digital currency recharge not arrived ?

MEER recharge transfer is divided into three links: account transfer out , block confirmation, exchange revenue.

If the withdrawal status on the withdrawal platform has shown “completed” or “successful”, it means that the transfer has been successfully remitted from the platform to the block, but it does not mean that the transfer has also been successfully recorded on the receiving platform.

Unpredictable block congestion often occurs due to the number of transfers, which affects the timeliness of transfers. The status of the transfer can be queried in the blockchain browser using the transfer hash value.

② If the digital currency is charged and not received, how to check the feedback ?

When the exchange shows that the digital currency is not confirmed, it may be that the block confirmation number has not reached the 35 blocks required by the exchange. Please patiently wait for the block chain confirmation. The digital currency will arrive.

When the blockchain shows confirmation, but the deposit is still not received, please check whether it is less than the minimum amount of deposit, less than the minimum amount of deposit will not be credited.

The blockchain shows that the confirmed and greater than the minimum amount of recharge has not yet arrived,Please consult 24-hour online customer service, provide customer service with your digital currency transaction hash value and your UID identity in the exchange, and ask customer service to help you solve the problem.

🔹Matters needing attention

Qitmeer Network Layer1 (MEER Network), a new generation of high-energy public blockchain networks using proof-of-work mechanisms, combined with UTXO ledger model and hybrid BlockDAG consensus (MeerDAG consensus).

The address type of the MEER network is composed of 35 characters starting with MM.

For example: MmhBhtMpDLTGGtHVUrbLSTF8Mb5eJSeW43K

QNG Network (Qitmeer Next Generation Network) is the cross-chain Hub layer of Qitmeer Network compatible with EVM smart contracts.

The address type of the QNG network is composed of 42 characters starting with 0x.

For example: 0x90b19040791e9d96a2ee08dd9448b65196f3124c

The address type of the MEER network is different from that of the QNG network. Currently, all MEER exchanges support QNG networks starting with 0x Qitmeer Network, and MEER network addresses are not supported.

🔹Official website publication

https://qitmeer.io/#/library/article/101

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Qitmeer Network

Qitmeer Network is the next generation payment network infrastructure based on BlockDAG technology.