Bitcoin
BTC
$
00000.00
-0.00%
Ethereum
ETH
$
00000.00
-0.00%
Solana
SOL
$
00000.00
-0.00%
XRP
XRP
$
00000.00
-0.00%
Dogecoin
DOGE
$
00000.00
-0.00%
ChainLink
LINK
$
00000.00
-0.00%
Binance Coin
BNB
$
00000.00
-0.00%
Cardano
ADA
$
00000.00
-0.00%
Litecoin
LTC
$
00000.00
-0.00%
Ordinals
ORDI
$
00000.00
-0.00%
Polygon
MATIC
$
00000.00
-0.00%
Optimism
OP
$
00000.00
-0.00%
Arbitrum
ARB
$
00000.00
-0.00%
Polkadot
DOT
$
00000.00
-0.00%
Avalanche
AVAX
$
00000.00
-0.00%
Sui
SUI
$
00000.00
-0.00%
Ethereum Classic
ETC
$
00000.00
-0.00%
FileCoin
FIL
$
00000.00
-0.00%
Celestia 
TIA
$
00000.00
-0.00%
Injective
INJ
$
00000.00
-0.00%

Key Takeaway

MEXC is an international cryptocurrency exchange that provides many trading options. Featuring more than 400 trading pairs, the platform supports key digital assets like Bitcoin and Ethereum. MEXC has a global footprint, serving users in over 170 countries across continents such as Asia, Europe, Africa, and the Americas, as well as Oceania. Catering to a diverse user base, the platform is accessible in 18 languages, including but not limited to English, Spanish, Mandarin, Russian, and French.

This review and rating adhere to our editorial policy and the the research methodology of StacksOnChain analysts, guaranteeing the accuracy and reliability of our reports.

Rating

MEXC Available Countries

MEXC is a distinguished cryptocurrency exchange known for its extensive reach across various continents. As of 2024, the platform is accessible to users in North America, Europe, Asia, Australia, and Africa, although some restrictions apply based on local laws. In countries such as Australia and France, residents enjoy unrestricted access to MEXC, allowing them to engage in a wide range of crypto transactions, including buying, selling, and multiple trading formats. However, in certain jurisdictions like the United Kingdom and Hong Kong, users face limitations, particularly in derivatives trading, due to regional regulations.

MEXC Restricted Countries

It is accessible to users across a wide range of countries, but there are some specific regions where the platform is not available. These include North Korea, Cuba, Iran, Sudan, Crimea, Mainland China, Singapore, Indonesia, Syria, Venezuela, Canada and the United States. The list of restricted countries is frequently updated, so it’s best to check MEXC’s terms to see if the exchange is supported in your area.

Does MEXC Require KYC?

MEXC emphasizes the importance of Know Your Customer (KYC) protocols, ensuring a secure trading environment for its users. The exchange offers two distinct levels of KYC verification: Primary and Advanced. For Primary KYC, users are required to provide basic personal information, which upon completion, enhances their 24-hour withdrawal limit to 80 BTC and grants limited access to OTC transactions in supported regions.

The Advanced KYC level, which includes facial recognition authentication in addition to basic information, further extends the withdrawal limit to 200 BTC and offers unrestricted access to OTC transactions, including global bank transfers and debit/credit card options.

Where is MEXC Located?

MEXC was initially based in Singapore, a country renowned for its progressive stance on blockchain technology and digital assets. The exchange has since moved its operations to Seychelles, while its parent organization, MEXC Global, maintains its main office in Hong Kong. This strategic positioning allows MEXC to effectively serve its international clientele by offering a secure, trustworthy, and streamlined platform for cryptocurrency trading.

Closing Thoughts

To sum up, MEXC is a prominent international cryptocurrency exchange offering a range of trading options with over 400 pairs. With a footprint spanning 170 countries and support for 18 languages and 14 fiat currencies, MEXC has made significant strides in catering to a diverse, global user base. However, it's crucial to note that the platform is not universally accessible. While countries like Australia and France enjoy unrestricted access, others like the United Kingdom and Hong Kong face specific limitations due to local financial regulations.

Author

Elena Boyaci is the proactive editor-in-chief of StacksOnChain, bringing her extensive journalism experience to the forefront. She spearheads a committed team, focusing on providing prompt and comprehensible updates on crypto and finance.

View posts

Featured Guides

Learn more with some of the featured guides recommended by our analysts.

Dive into Berachain, where DeFi meets innovation through EVM compatibility, a novel liquidity consensus, and integrated DeFi applications.
Chris Wheelan
May 18, 2024
Research

What is Berachain?

Dive into Berachain, where DeFi meets innovation through EVM compatibility, a novel liquidity consensus, and integrated DeFi applications.

Explore how EigenLayer Restaked Points measure user contributions with ETH staked, impact EIGEN token distribution, and face geo-restrictions.
Richard Zhang
Apr 30, 2024
Research

What are EigenLayer Restaked Points?

Explore how EigenLayer Restaked Points measure user contributions with ETH staked, impact EIGEN token distribution, and face geo-restrictions.