MEXC
| Trust score | 9/10 (rank 8) |
|---|---|
| 24h volume | 21,140 BTC |
| Fees (maker / taker) | 0.00% / 0.05% |
| KYC | Optional for basic limits |
| Proof of reserves | Published |
| Insurance | Not disclosed |
| Licenses | Lithuania (VASP), Estonia (VASP), Australia (AUSTRAC) |
| Derivatives | Yes |
| Website | www.mexc.com |
MEXC competes on zero maker fees and extremely fast listings of new tokens. KYC is optional for basic limits, which appeals to privacy-minded users but also raises regulatory risk.
Pros
- 0% spot maker fee
- Lists new tokens within hours
- Optional KYC for basic tiers
Cons
- Light regulatory footprint
- Many listed tokens are illiquid or high-risk
Securing your MEXC account
- Complete KYC anyway so account recovery is possible
- Whitelist withdrawal addresses
Full walkthrough: exchange account security and the checklist.
Questions
Is MEXC safe?
MEXC publishes proof of reserves, has no publicly disclosed insurance fund and is licensed or registered in Lithuania (VASP), Estonia (VASP), Australia (AUSTRAC). Light regulatory footprint. Keep only what you actively trade on any exchange.
What are MEXC fees?
Base spot fees are 0.00% maker and 0.05% taker, lower with volume tiers.
Does MEXC require KYC?
KYC is optional for basic limits, but completing it raises limits and enables account recovery.
Where is MEXC based?
Founded in 2018. Headquarters: Seychelles.