MEXC review: score, licensing and risks
66/100SCORE · CCaution
Grade C, fair
MEXC lists more tokens than any other significant exchange, usually first, at near zero spot fees. That is the entire proposition. Listing standards are minimal, there is no MiCA licence or US access, and withdrawal freeze complaints recur often enough to take seriously.
The facts
- FOUNDED
- 2018
- HEADQUARTERS
- Seychelles
- CUSTODY
- Custodial.
- MiCA / EEA
- Not authorised across the EEA at the time of writing.
- US ACCESS
- No.
- PROOF OF RESERVES
- Yes. Merkle tree proof of reserves.
- FEES
- Around 0.00 percent maker and 0.05 percent taker on spot, among the cheapest anywhere.
- ASSETS
- 2,700 plus, the longest list of any major venue
How the score breaks down
Each dimension is explained on the methodology page.
Where it is strong and where it is not
✓ Strengths
- Lists more tokens than anything else, often first
- Near zero spot fees
- Publishes proof of reserves
- Fast listing of new projects
✗ Weaknesses
- Listing standards are effectively minimal
- No MiCA licence and no US access
- Recurring user complaints about account freezes during withdrawal
- Thin support
Incident history
No major security breach or regulatory action on record.
Our read
Where a token appears before anywhere else, and the reason to use it. Also where listing quality is lowest and account freeze complaints are most common. Use it to reach something specific, then move the funds.
COMPARE
RISK WARNING
Crypto assets are highly volatile and largely unregulated. You can lose everything you put in.
Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation
to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.