CMBActive
Turkey Virtual Asset Service Provider (VASP)
- License No.
- Unreleased
- Licensed Entity
- Mexc Kripto Varlık Alım Satım Platformu AŞ
- Regulatory Jurisdiction
- Turkey
- Effective Date
- --
MEXC
Regulated in Turkey
Virtual Asset Service Provider (VASP)
Global Business
Basic Information
Country/RegionUnited Kingdom
Exchange AbbreviationMEXC
Company NameMEXC
Operating Period5-10 years
Websitehttps://www.mexc.com/
Exchange TypeDecentralized Exchange
RiskNotice
5 risk alerts
User Feedback
66
MXC,is not really good exchange....
My first deposit got locked and moved to their hot wallets, immediately they request me an advanced KYC and make a lot of questions to clarify the source of a small despist of $100. a very bad experience to begin with
this exchange is amazing but please don't listed shit coins
Asset Reserves
Exchanges with reserves exceeding 89.22%
8 /100
$4,910,000,000
USDT$1.63B
Capital flows
Exchanges with 24H inflows exceeding 88.67%
7 /100
+$51,163,414.73
1.03% StableTrading Volume
Exchanges with 24H trading volume exceeding 96.81%
11 /100
$629,570,000
3.88% Official Token
MX
MX Token
$1.61
0.34%
24H Vol
$4,255,107.02
Market Cap
$147,869,533.76
Issue Time
2019-09-24
Crowdfunding Price
$0.19
Circulation (pieces)
91,837,334.00
return on investment
+741.54%
Recently destroyed (pieces)
--
Total destroyed (pieces)
--
| Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
| BTC/USDT | $79,023.26 | 2.14% | $903,612,469.51 | $1.30M/$3.94M | 826 |
| ETH/USDT | $2,480.46 | 1.31% | $600,290,459.37 | $3.21M/$1.92M | 700 |
| USDC/USDT | $1.00 | 0.01% | $134,140,403.38 | $33.73M/$50.52M | 970 |
| SOL/USDT | $96.25 | 1.06% | $121,332,542.85 | $4.01M/$1.97M | 717 |
| XRP/USDT | $1.48 | 1.74% | $92,418,246.17 | $1.68M/$1.63M | 679 |
| PUMP/USDT | $0.00477795 | 7.43% | $33,832,997.59 | $105.35K/$81.86K | 551 |
| ENA/USDT | $0.15244854 | 7.42% | $28,730,494.5 | $851.95K/$630.66K | 651 |
| BNB/USDT | $704.85 | 0.77% | $26,657,909.46 | $1.09M/$1.09M | 596 |
| TUT/USDT | $0.04895253 | 16.88% | $23,554,082.29 | $7.15K/$9.24K | 381 |
| DOGE/USDT | $0.08945914 | 4.08% | $22,907,484.57 | $1.79M/$1.44M | 674 |
Exchange Overview
Exchange Overview
What Is MEXC?
MEXC is a global cryptocurrency exchange that positions itself as Your Easiest Way to Crypto. Established in 2018, MEXC is known for its user-friendly interface, deep liquidity, and wide variety of crypto assets. With over 40 million users in 170+ countries and regions, MEXC offers a secure and streamlined platform where users can trade 3,000+ cryptocurrencies, access trending tokens early, enjoy daily airdrops, and benefit from extremely low fees.
MEXC provides advanced trading infrastructure, industry-leading order execution, and strong product diversity including spot, futures, margin trading, ETF products, staking, and launchpads.
MEXC enforces rigorous safeguards, including bi-monthly Proof of Reserves updates demonstrating reserve ratios exceeding 100% across all major cryptocurrencies. The exchange has provided over $526 million through its Insurance Fund Account to cover deficits that occur when users' losses during liquidation exceed their available margin.
MEXC drives industry growth via a $300 million Ecosystem Development Fund and the IgniteX initiative—a $30 million CSR program dedicated to nurturing Web3 talent. Community-focused efforts such as Bitcoin Pizza Day celebrations and educational initiatives reinforce its commitment to global blockchain adoption.
Who Are the Founders of MEXC?
MEXC was founded by a team of early blockchain believers with backgrounds in finance, tech, and cybersecurity. The founding team envisioned a trading platform that could combine security, speed, and simplicity. While MEXC has maintained a low public profile in terms of founder identity, the exchange is currently led by a global team of over 2,000 employees across 40+ countries, including experts in engineering, compliance, marketing, and operations.
When Did MEXC Launch?
MEXC was launched in 2018. Since its inception, it has rapidly scaled its infrastructure, user base, and compliance framework, becoming one of the most recognized and trusted crypto exchanges worldwide.
Where Is MEXC Located?
MEXC operates globally with regional offices in multiple jurisdictions. The company is registered and regulated in several jurisdictions and works with local partners to ensure its products align with regulatory frameworks.
MEXC Restricted Countries
MEXC aims to serve users globally but restricts or limits access in jurisdictions where cryptocurrency trading is prohibited by law or regulation. These restricted jurisdictions include sanctioned countries such as Iran, Cuba, Syria, and North Korea, as well as other regions where crypto trading is not permitted, including Mainland China, Singapore, and the United States.
What Coins Are Supported on MEXC?
MEXC supports 3,000+ cryptocurrencies, making it one of the most diverse platforms in the industry. These include top assets like BTC, ETH, XRP, SOL, BNB, TON, ENA, APT, and TRUMP as well as early listings of trending memecoins, DeFi tokens, Layer 2 assets, AI, and GameFi projects. MEXC is widely recognized for being among the first exchanges to list emerging tokens, giving users a competitive edge.
How Much Are MEXC Fees?
MEXC offers extremely low fees compared to industry averages. The standard trading fees are:
Spot trading: 0% maker fee and 0.05% taker fee (often reduced during campaigns or with fee credits)
Futures trading: 0.00% maker fee and 0.01% taker fee (may vary by region)
In addition, MEXC offers:
Zero-fee promotions on selected pairs
Discounted rates for high-volume, MX token holders, or VIP users
Note: Fees are subject to change and may vary based on promotional campaigns, trading volume, or user level. Withdrawal fees and trading fees also vary depending on the asset and network conditions.
Is It Possible To Use Leverage or Margin Trading on MEXC?
Yes. MEXC offers robust leverage and margin trading services:
Futures trading: up to 500x leverage on selected perpetual contracts
Margin trading: up to 10x leverage on supported spot pairs
ETF products: Leveraged tokens (e.g., 3x Long/Short) for users who want exposure without direct borrowing.
Business Region
InfluenceAAA0
2
4
6
8
10
Deposit/Withdrawal
InstrumentP2P
Supported Fiat
Minimum Deposit$10
Payment MethodABA、Bank Transfer、Bank of Georgia、Payoneer、Revolut、Skrill (Moneybookers)、TBC Bank、Visa Direct、Zinli
News
4
WikiBit Exchange Exit Risk Rankings #51: Bitget — 131% Reserve Ratio, a $387.5 Million Theft, and ZachXBT’s Claim That Its CEO Is Just a “Figurehead”
Introduction: The Regulatory Cracks Behind a Data-Driven Success Story In our first 50 installments, we investigated a series of exchanges ranging from HashKey to Gate. For Episode 51, we turn to a platform whose compliance narrative appears particularly contradictory: Bitget. On paper, Bitget performs impressively across several key metrics. It has more than 125 million users worldwide, held a 6.4% market share at the end of 2025, and ranked sixth globally. It has published 47 consecutive Proof of Reserves (PoR) reports, reports an overall reserve ratio of 131%, responds to 81% of negative Trustpilot reviews, and holds a 4.6-star rating on both the Apple App Store and Google Play. From almost any angle, it looks like a major exchange that takes its operations seriously. But there is another side to the story. In November 2023, France‘s financial markets regulator, the Autorité des marchés financiers (AMF), placed Bitget on its blacklist, confirming that it was operating without authorization. Although its blacklist status was removed on July 9, 2026, Bitget also exited the French market around the same time. As of October 2026, Bitget is still absent from the European Securities and Markets Authority’s (ESMA) register of MiCA-authorized Crypto-Asset Service Providers (CASPs), and the MiCA transitional
WikiBit Exchange Exit Risk Rankings #49: KuCoin — Why Is an Exchange with World-Leading Proof-of-Reserves Transparency Repeatedly Facing Bans and Penalties?
Introduction: An “A-Student” Report Card on Regulatory Compliance In the first 48 installments, we investigated a range of exchanges, from HashKey to MEXC. For Episode 49, we turn to one of the most strikingly contradictory cases: KuCoin. In terms of transparency, KuCoin has delivered one of the most impressive performances in the crypto industry. Founded in 2017, it received a Proof-of-Reserves (PoR) transparency score of 96.7 out of 100 from CryptoQuant in 2025, ranking first globally. It has published Merkle tree-based Proof-of-Reserves reports for more than 39 consecutive months, undergone third-party verification by Hacken, and held a 6.69% share of the global spot market in Q1 2026, placing it among the worlds top three exchanges. But there is another side to the story. On October 13, 2026, South Koreas Financial Intelligence Unit (FIU) officially blocked access to KuCoins website, extending restrictions beyond its app to the web platform. The UKs Financial Conduct Authority (FCA) listed KuCoin as an unauthorized firm. In January 2025, KuCoin pleaded guilty to charges brought by the U.S. Department of Justice (DOJ), agreeing to pay more than $297 million in penalties and admitting to receiving billions of dollars in suspicious funds between 2017 and 2024. The Commodity Futures Trading Commission
BitMart Shutdown Sparks Withdrawal Concerns: $3.7 Million in User Assets Reportedly Affected — WikiB
After BitMart announced its orderly shutdown on July 26, an increasing number of users have reported issues in recent days, including withdrawal difficulties, delayed withdrawals, abnormal account balances, and unresponsive customer support. On July 30, affected BitMart users with significant asset exposure established a joint communication group and completed an initial registration process. According to the preliminary records, 27 users reported being unable to withdraw their funds normally, with total affected assets reaching approximately 3,704,214 USDT. The largest reported individual asset amount reached 700,000 USDT, while several other users reported account balances ranging from 100,000 USDT to 600,000 USDT. Screenshots from the original accounts of just seven users showed a combined balance of 1,692,203.67 USDT. Screenshot of BitMart Users Unable to Withdraw Funds (Source: @MINGLIbtc) Centralized exchanges (CEXs) play a critical role in custodying user assets, facilitating trades, and providing withdrawal services. However, over the past few years, the crypto industry has witnessed multiple exchange risk events. From the collapse of major exchanges to withdrawal difficulties faced by smaller platforms, ordinary users are often the ones who suffer the greatest impact in the end. When such incidents continue to occur, how can users better protect their asset rights and interests？BitMart Shutdown: $3.7 Million in User Assets
User Feedback 66
This brand has not yet joined WikiBit platform. All feedback is publicly displayed.
Dexter 4856
MXC,is not really good exchange....
louisg888
My first deposit got locked and moved to their hot wallets, immediately they request me an advanced KYC and make a lot of questions to clarify the source of a small despist of $100. a very bad experience to begin with
bigwin125
this exchange is amazing but please don't listed shit coins
abitofcrypto
they have a habit of listing suspicious coins, traders DYOR before using this exchange!
Ermmy Anggrena
Great apps, beasy to use. But, Can the minimum balance rules for withdrawal be changed?
EllaStis
work well on me,bad luck only the apps not available in my country
ikanlele
promising project
easycantik
problem solved takes a long time, lack of response
mschinita0
MEXC Global is one of the most trusted wallets but my concern is how centralized is MEXC to not to destroy like other wallets.
lino_act
Biaya dear, not okay laaaa.