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Money & Insurance

MEXC

100 reviews

1.2100 reviews
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About MEXC

Data updated
Website
www.mexc.com
Category
Money & Insurance
Location
United States
Status
Unclaimed
Last 12 months
100 reviews
Replies to negative
100% (92/92)
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Is MEXC legit?

MEXC (www.mexc.com) has a 1.2 out of 5 rating on OK.one, based on 100 user reviews collected here. It is listed under Money & Insurance and its reputation is poor. 90% of reviews are 1 star, a relatively high share; The business has replied to 100% of negative reviews. Last updated 2026-08-11.

What people say

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Pradip Kumar Mahato · 3 reviews · Experienced 2026-07-01 ·

I had a very disappointing experience…

I had a very disappointing experience with MEX Exchange. My stop-loss was triggered by a sudden price spike that I could not verify on other market charts. When I contacted customer support, they simply told me nothing was wrong without providing any meaningful explanation or detailed trade data. As a trader, I expected transparency. Instead of investigating my concern or sharing the tick-by-tick execution data, they gave a generic response and closed the issue. This has seriously affected my trust in the platform. I would advise traders to be cautious and carefully monitor their trades and executions before using this exchange. Based on my experience, I cannot recommend MEX Exchange due to the lack of transparency and poor customer support.

Reply from MEXC2026-07-02

Hello, we understand how you feel and sincerely apologize for the unpleasant experience. If you have any questions regarding a specific order, please feel free to contact our 24-hour online customer service team again; they will carefully verify the details for you. Thank you once again for your understanding.

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Muhammad Anwar · 2 reviews · Experienced 2026-07-01 ·

I hope the British lawmakers look into…

I hope the British lawmakers look into this scam exchange and take them to the court. Their business practices are very shady with so many countless users scammed by them. A lawsuit is coming soon.

Reply from MEXC2026-07-02

Hello, what specific problem did you encounter? If you have any problems using MEXC, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

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Sofia Elizabeth · 4 reviews · Experienced 2026-06-19 ·

Don't use these scammers

Don't use these scammers, tricked all the users to deposit crypto and USDT with no fees and without any KYC requirements, and suddenly overnight they blocked any withdrawals asking for KYC Check without any warning beforehand! This is theft, you're a bunch of thieves and I'll never use your platform ever again! Keep away of this joke of an exchange!!

Reply from MEXC2026-07-02

Thank you for your concern. Account verification is a standard platform procedure and an important part of global and industry compliance requirements, designed to further protect your assets. If you need assistance, please feel free to contact our official 24/7 customer support — we're here to help.

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Vitalii Khimei · 8 reviews · Experienced 2026-06-28 ·

Very bad 👎Real scam

Very bad 👎Real scam, accounts are blocked

Reply from MEXC2026-06-28

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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PM · 1 review · Experienced 2026-06-24 ·

MEXC changes its terms and then blocks withdrawals

I created my MEXC account at a time when the exchange allowed withdrawals without KYC up to a certain limit. That was the key reason I chose the platform. After a year of trading I wanted to withdraw part of my funds, but the withdrawal is blocked and they demand KYC. Support keeps repeating that “there is no other way” and only directs me to complete KYC. MEXC has no problem changing essential parts of its rules, applying them retroactively, and blocking withdrawals. Very unprofessional approach — I do not recommend using this exchange. UPDATE: MEXC responded with a generic template message that completely ignores my specific situation: - I registered when no-KYC was allowed - They changed rules silently without notification - They blocked withdrawals but continued accepting my deposits - They demand KYC including VIDEO verification (biometric data) - I proposed an AML-compliant solution (return to source exchange) - refused without explanation Their response is copy-paste, addressing none of these points. This confirms the bait-and-switch approach.

Reply from MEXC2026-06-27

To comply with compliance requirements in your country or region, KYC is a prerequisite for using the platform's services. Please complete KYC as soon as possible to ensure you can use the platform's services normally and obtain more comprehensive account security. If you have any problems using MEXC, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

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Hawai'i Permaculture · 2 reviews · Experienced 2026-06-21 ·

SCUM BAG CON ARTIST THEIVES

They advertised as a non-kyc exchange, got people to put their funds on the platform and then with no warning are now freezing withdrawals if you don't kyc. They are CON ARTIST THIEVES!!! GIVE ME MY MONEY BACK NOW!!!!!

Reply from MEXC2026-06-22

Hello, we are very sorry for the inconvenience and trouble caused to you. If you have any problems with withdrawing tokens, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

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Vitor Emanuel · 2 reviews · Experienced 2026-06-15 ·

MEXC denied my promotional reward using a condition that was not stated in the campaign rules

I am extremely disappointed with MEXC's handling of its "0-Fee PIX Deposit Fiesta" promotion for Brazilian users. The promotion clearly stated that new users who completed a qualifying PIX deposit of at least 100 USDT equivalent in BRL would receive a 20 USDT cash reward. I completed the required deposit, fulfilled the advertised conditions, and waited for the reward distribution period. However, after the campaign ended, the promised reward was never credited to my account. When I contacted MEXC support, I was told that I was not eligible because I did not keep the deposited funds in my account for at least 24 hours. The problem is that this requirement was never mentioned in the promotion's Terms & Conditions. I carefully reviewed the campaign rules and could not find any clause requiring users to keep their funds deposited for a minimum period. It is unfair for a company to deny a promotional reward based on a condition that was not disclosed to participants before they joined the campaign.

Reply from MEXC2026-06-22

Hi, we are sorry for your unpleasant experience. We suggest you contact our online service team with your uid. We will be happy to help. Thanks for your patience and understanding.

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issam kadhi · 113 reviews · Experienced 2026-06-21 ·

their two support of Telegram never…

their two support of Telegram never reply to our messages or answer our questions... and they are the only 2 available support agents in Telegram... their profiles: @JoyceApiMEXC @NightMEXC

Reply from MEXC2026-06-22

We sincerely apologize for any inconvenience this may cause. If you encounter any problems, please contact our official customer service team through the MEXC APP or the MEXC website. We are ready to provide you with faster and better service.

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Rosilene · 1 review · Experienced 2026-06-15 ·

Poor initial support but one agent finally explained everything

I had a very frustrating experience with MEXC regarding a 72-hour withdrawal lock on funds purchased via P2P. At first, I was extremely angry because my funds were blocked. When I tried to withdraw shortly before the timer ended, it seemed like they had restarted the lock. I contacted support and the first agent gave me confusing and incorrect information. They were unable to clearly explain the policy or the reason for the restriction. However, after persisting, I spoke with another support agent who properly investigated my case. He sent the correct updated policy link and clearly explained everything, resolving all my doubts. This agent was professional, patient, and helpful. This shows that MEXC has some good and competent support agents, but unfortunately others provide wrong or incomplete information, which creates a lot of unnecessary stress and distrust. The initial lack of clear communication made the whole situation much worse than it needed to be. I will update this review once I successfully withdraw my funds. Overall, the platform works, but support quality is very inconsistent.

Reply from MEXC2026-06-17

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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Zbigniew Rajewski · 6 reviews · Experienced 2026-06-12 ·

Always when you gain money the app…

Always when you gain money the app suddenly crashes, blocks, stale or sth. When youre doing well some risk control sets a security rule for orders time limit... They are bandits from Mexico trying to steal your money.

Reply from MEXC2026-06-13

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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Artemis · 1 review · Experienced 2026-06-11 ·

🚨 WARNING: The Deceptive "No KYC" Trap — Stealing from Web3 Gamers and Profitable Traders Alike!

​I am writing this fully documented review to warn the global crypto community about MEXC’s systematic retail exploitation. ⚠️ This is a highly calculated marketing trap that deceives ordinary retail users while hiding behind the excuse of "AML Compliance." ​Here is my direct experience with their deceptive system: I received a tiny $6 reward entirely in crypto from the Immutable ecosystem Anyone with basic blockchain knowledge knows that Immutable is a highly secure, transparent, layer2 Web3 gaming network. There was zero fiat currency involved, and the source of funds is 100% clean and verifiable on chain ​🛑 Yet, when I tried to withdraw this tiny balance, MEXC’s automated system instantly locked my funds under the guise of a (Risk Control) check. They demanded an over-complicated, humiliating forensic video appeal: holding a valid international ID in one hand, a handwritten paper with custom dates in the other hand, and full face verification. ​This is highly hypocritical! 🤬 MEXC heavily advertises (No KYC for trading and small amounts) across global media to lure in international users and privacy-conscious traders. But the reality is simple: Easy deposit, impossible withdrawal! 💸🔒 They know that retail users won't submit their private biometric data or go through a bureaucratic circus for $5, $10, or $20. When multiplied by millions of users, these frozen micro-balances turn into millions of dollars in unbacked, ownerless profit straight into MEXC’s pockets. 🏦🔍 ​⚠️ A NOTORIOUSLY DARK REPUTATION ⚠️ This exchange has a terrible track record in the crypto community. They have a documented history of freezing the assets of successful traders such as the highprofile case where they locked $3.1 million from the trader (White Whale) 🐋Based on public community discussions, many retail users experience identical automated lockouts when attempting withdrawals. Furthermore, European financial regulators (like the AFM) have issued official public warnings against MEXC for operating without legal licenses and lacking corporate transparency. ⚖️❌ ​If they can freeze a $6 verified reward from a top-tier ecosystem like Immutable, they will freeze anything. I have officially abandoned my $6 on this platform ,consider it a forced donation to your corrupt team👋🖕 ​Do not be fooled by their robotic support copy-pasting we protect your assets🤖 They are protecting their own pockets by withholding your property. Avoid MEXC at all costs! Move your funds to non-custodial wallets🙂👍

Reply from MEXC2026-06-12

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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Dylan P · 1 review · Experienced 2026-06-10 ·

Absolute scumbags

Absolute scumbags, dont use there platform. theres always an issue with "risk controls" or you cant withdraw funds, especially when you make money. They have zero support system aswell, just an ai. DO NOT USE THEM. im KYC verified, used almost 2 years, and again cant withdraw.

Reply from MEXC2026-06-11

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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Truthfinder · 54 reviews · Experienced 2026-06-10 ·

The goverment have to shut down this…

The goverment have to shut down this chinese scammers mexc. Deposid 10,000 you will receive 10 dollar scammers. You think people are stuppid.

Reply from MEXC2026-06-11

We sincerely apologize for any inconvenience caused. If you encounter any problems regarding the event or reward distribution, please contact our online customer service for assistance.

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MOHAMMAD AWWAD · 2 reviews · Experienced 2026-06-08 ·

My experience with MEXC has been…

My experience with MEXC has been extremely disappointing, and I cannot recommend this exchange to anyone. During my time using the platform, I noticed several concerning issues, including unusual price movements, delayed order execution, and frequent technical problems that resulted in unexpected losses. Customer support is slow and unhelpful, and there is very little transparency when it comes to explaining errors or price discrepancies. In my opinion, MEXC is one of the worst trading platforms I have ever used due to its lack of reliability and poor overall user experience. Traders deserve a platform that is transparent, stable, and trustworthy — unfortunately, MEXC did not meet any of these expectations.

Reply from MEXC2026-06-09

If you encounter network issues while using the MEXC platform, you can try changing your network, clearing the app cache, updating the app version, and then trying again. you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

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Nour Eldjamil · 1 review · Experienced 2026-06-01 ·

Scam dont put your money on it

Reply from MEXC2026-06-05

Hello, what specific problem did you encounter? If you have any problems using MEXC, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

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Scott Cann · 1 review · Experienced 2026-04-21 ·

I thought I was the only one…

I thought I was the only one experiencing difficulty in making withdrawal until I checked online and I found a whole lot of people having the same issue as me. Even after the whole kyc and identification i am still not able to take my money out which is unfair. I think you guys should do better before losing all your customers imaging I hand to call attention of Re so rus before it was settled. You all should really do better and make withdrawal stress free just like the deposit. And you guys should stop sending lots of mails that doesn't make sense to me. #mexc #mexcdobetter #customerservice #stopspamming #warning

Reply from MEXC2026-06-04

Hello, we are very sorry for the inconvenience and trouble caused to you. If you have any problems with withdrawing tokens, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.

S
Si Bet · 1 review · Experienced 2026-06-02 ·

My MEXC account has been frozen under 3 month for no reason

My MEXC account has been frozen under AML/KYC review for approximately 3 months despite submitting ID, proof of income and source of funds. I have received no meaningful update for around 1 month and no confirmation that my latest documents were received. I am requesting a clear status update and resolution timeline. I am documenting the case and reviewing formal complaint channels with relevant consumer, AML and financial authorities. @MEXC_Official @CFPB @FinCENnews @CFTC @FTC

Reply from MEXC2026-06-03

Hello, if you have any account questions, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. There is no problem with normal transactions and use. Please rest assured. The strategy is to provide users with a safer trading environment and protect user assets. You can refer to our user agreement: https://www.mexc.com/terms

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איתמר · 1 review · Experienced 2026-03-15 ·

stay away from this scam

stay away from this scam, they allowed me to deposit usdt after marketing themselves as a no kyc exchange, then when you try to withdraw they tell you you have to give them your id, they let you deposit without issue and then decide to steal you money, if it was really about the kyc they wouldnt let you deposit without it, but its about stealing your money, keep in mind i tried to withdraw 2 usdt, coustmer support was terrible and baisiclly told me my only option is to do an apeal, which also requires an id, so whats the point? anyways, its a scam

Reply from MEXC2026-06-03

Thank you for your feedback. I understand your concerns. Regarding the identity verification process, I would also like to further explain that the account verification is a standard platform procedure and an important part of global and industry compliance requirements. It is designed to better protect the security of your assets. Please note that incomplete verification may affect access to certain account features. We hope for your understanding and support. If you need any assistance, feel free to DM us or contact our 24/7 official support team — we're here to help.

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Adam · 1 review · Experienced 2026-05-24 ·

It was good, but it's over

I used it and was happy with it, but after the introduction of the cumbersome KYC and AML processes, it's no longer the same platform. I don't recommend it to anyone still looking for an exchange that values ​​user privacy. Reply to the story: When I deposited the funds, there was no problem. Now, when I want to withdraw them, I have to go through KYC. It's not OK that when I deposited, there was no mention of KYC, and only when I want to withdraw them...

Reply from MEXC2026-05-26

Thank you for your feedback. I understand your concerns. Regarding the identity verification process, I would also like to further explain that the account verification is a standard platform procedure and an important part of global and industry compliance requirements. It is designed to better protect the security of your assets. Please note that incomplete verification may affect access to certain account features. We hope for your understanding and support. If you need any assistance, feel free to DM us or contact our 24/7 official support team — we're here to help.

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AlexRave · 2 reviews · Experienced 2026-05-23 ·

The "Requests are too frequent" error…

The "Requests are too frequent" error breaks it finally. It used to get laggy right when opportunities appeared, now it simply doesn't let you trade them at all showing the "Requests are too frequent" error message. Good luck trying to trade with that.

Reply from MEXC2026-05-24

Hello, what specific problem did you encounter? If you have any problems using MEXC, you are welcome to consult our 24/7 live chat at any time. Thank you for your understanding. Have a nice day.