URL: https://exchangesteps.com/how-to-deposit-on-mexc
Updated: 2026-11-11
Sources: https://www.mexc.com/support/article/how-to-deposit-crypto-to-mexc-app-255063247123116032 , https://www.mexc.com/support/article/how-to-deposit-crypto-to-mexc-web-255064630102585344 , https://www.mexc.com/support/article/what-is-the-uncredited-deposit-return-application-17827791526274 , https://www.mexc.com/support/articles/17827791523120 , https://www.mexc.com/announcements/article/kyc-verification-required-for-platform-access-17827791535077

# How to Deposit on MEXC

> **Quick answer**
> There are two ways to deposit on MEXC. **(1) Deposit crypto** from another wallet or exchange: tap **Deposit** on the home screen → **On-Chain Deposit**, search for the coin, pick the network, tap **Copy** and send from the other side on **exactly the same network**. Or **(2) buy USDT with your local currency on MEXC P2P**. **Since February 2026, deposits are only open to verified accounts.**
>
> **[Open MEXC →]**
>
> **Right after you sign up:** verify your account and have your ID card or passport ready. The steps are here: [MEXC identity verification](https://exchangesteps.com/mexc-identity-verification).

| | |
|---|---|
| **Requirement** | A verified account (KYC) |
| **Crypto deposits** | Same network on both ends + memo/tag if there is one |
| **With your local currency** | Through MEXC P2P |

## Method 1: Deposit crypto

### Step 1: Open the deposit screen

Open the MEXC app and tap **Deposit** on the home screen, then choose **On-Chain Deposit**. On the website, it's **Wallets** → **Deposit** → **On-Chain Deposit**.

### Step 2: Choose the coin and network

Search for the coin (USDT, for example), then choose the network in **Select Network**. MEXC's rule: **"The deposit network must be exactly the same as the withdrawal network."** The wrong network can mean your funds are lost for good.

### Step 3: Copy the address (and the memo, if there is one)

Tap **Copy** to copy your deposit address. If someone else is sending to you, tap **Save or Share Address**. Some networks, such as **XRP**, also need a **Memo/Tag**. **Without the right memo, the deposit can't be credited.**

### Step 4: Send from the other side

On the sending platform, paste the address, choose **the same network**, check the address, network and fee, then confirm. The deposit shows up once the blockchain confirms it, usually within a few minutes, longer when the network is busy.

> ⚠️ **MEXC's warnings:** check the address, network and token before you send, and don't deposit through a **contract transfer**, because those may not be credited. First time? Try a small amount first.

Networks explained: [TRC20, BEP20 and ERC20](https://exchangesteps.com/usdt-networks).

## Method 2: Buy USDT with your local currency on P2P

No crypto yet? Buy USDT from another user on **MEXC P2P** and pay them by bank transfer or e-wallet.

1. In the app, go to **Trade** → **P2P**.
2. Open the **Buy** tab, choose **USDT**, pick a seller and tap **Buy USDT**. Read the seller's payment methods and terms first.
3. Enter the amount in **I want to pay** (your currency) or **I will receive** (USDT), and tick the P2P service agreement.
4. Send the money **yourself** to the seller's details shown in the order, within the time limit (usually 15 minutes, set by the seller). MEXC P2P doesn't pay automatically.
5. Tap **Transfer Completed, Notify Seller**, then **Confirm**. The seller releases the USDT to you.

> 💡 Only tap **Transfer Completed** after the money has actually left your account. More on staying safe: [The most common P2P scams](https://exchangesteps.com/p2p-scams).

## Common problems

**I can't deposit**
- Since 5 February 2026, unverified accounts can't deposit. [Verify your account](https://exchangesteps.com/mexc-identity-verification).

**My deposit hasn't arrived, or I forgot the memo**
- MEXC has an **uncredited deposit** request form for cases like a missing memo or an unsupported token. Support reviews each case, a service fee applies if it works, and recovery isn't guaranteed. Have your transaction ID ready.

## Frequently asked questions

**How do I deposit on MEXC?**
Tap Deposit → On-Chain Deposit, pick the coin and network, copy the address, and send from the other side on the same network.

**Can I deposit on MEXC without verification?**
No. Since February 2026, deposits and withdrawals are only for verified accounts.

**Can I deposit in my local currency?**
Yes, by buying USDT from another user on MEXC P2P and paying them in your currency.

**Do I need a memo for USDT?**
Usually not, but networks such as XRP do. If MEXC shows you a memo, enter it on the sending side.

## Next step

**[How to withdraw from MEXC →](https://exchangesteps.com/how-to-withdraw-from-mexc)**

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*Last updated: 22 October 2026 · Sources: MEXC's official help pages on depositing from the app (17 September 2026) and the website (6 August 2026), uncredited deposits (5 August 2026) and buying on P2P. Button names may differ depending on your app language.*