MEXC allows one person to create multiple accounts. However, you cannot reuse the same email address. This is because once the e-mail address is registered, the same e-mail address cannot be registered. That’s where the subaccount feature comes into play.
Create multiple accounts
As mentioned above, you cannot use the same email address to create multiple accounts. This will be the same phone number. As for how to do it, there is a way to have multiple email addresses or prepare multiple phone numbers, but to be honest, I think it will be a hassle and troublesome.
Sub account function
MEXC has implemented a subaccount function in 2022. This means that by creating one account, you can create multiple sub-accounts within the same account. The number of accounts is not limited and you can create many.
merit
The advantage of creating a subaccount is that you can use it properly in the account. One account can be for long positions and the other for short positions. You can clarify the purpose by using them properly.
Demerit
The disadvantage is that it becomes complicated to manage. Since we are trading with each account, we have to think about strategies for each position, such as where to settle. It may not be suitable for those who are not good at multitasking.
Users who recommend subaccounts
Whether or not you want to use sub-accounts is up to you. It is recommended to create sub-accounts for users who meet the following examples.
have multiple transactions
If you only want to trade in futures in one account and only in spot trades in another account, subaccounts are definitely worth it. Therefore, there are many types of transactions on MEXC, and if you are a user who engages in a variety of transactions, we recommend creating a sub-account. One account will be a specialized account for one trade, so there will be no confusion.
trading strategy
If you only want to do short trades in one account and only long trades in another account, subaccounts are worth it. By using these properly, you can switch your trading strategy, so you won’t have to worry about managing it. Sub-accounts are highly recommended for those who have a lot of trading strategies.
Freeze account
Some users worry that if they create a lot of different accounts, the management will become suspicious of them and that their accounts may be frozen, but this is not a problem. Basically, there are no exchanges that limit the possession of multiple accounts. Since it is a system provided by MEXC in the first place, it will be more profitable to actively use it.
How to create a subaccount
You can set how to create a subaccount from the following screen. Click the red frame in the upper right corner of the screen to expand the menu. From there, select Subaccount Management.
You will be able to see the list of subaccounts, transaction history, etc., and you can also create a new account.
If you click Create, you can create an account by proceeding with various settings. After setting the user name, etc., the end is completed by performing email authentication and Google 2-step authentication.
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