CoinEx vs MEXC
The two are level on both grades. The differences are in the details below.
CoinEx
Long-running centralised exchange with a $10,000 daily withdrawal limit before ID
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
MEXC
Large offshore spot and futures exchange where ID is optional up to a withdrawal cap
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| CoinEx | MEXC | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID on risk flag |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, LTC, BCH | BTC, ETH, USDT, SOL, XRP, LTC |
| Pay with | Crypto | Crypto |
| Fees | Spot VIP 0: 0.2% / 0.16% (fees page; lower tiers with VIP level) | Not published |
| Limits | Unverified: USD 10,000 per 24h and USD 50,000 per 30 days. Primary ID: USD 1,000,000 per 24h. Advanced ID: USD 5,000,000 per 24h. Privacy-coin deposits/withdrawals, fiat, P2P, mining and airdrops require ID. | Unverified withdrawal cap reported as 10 BTC/day (exchange article, Dec 2025) or about 1,000 USDT/day (third-party guides, 2026); check in-account. |
| Founded | 2017 | 2018 |
| Not available in | United States, China, Hong Kong, Canada, European Economic Area, United Kingdom, Switzerland, Kazakhstan, Iran, North Korea, Cuba, and other comprehensively sanctioned jurisdictions (List of Prohibited Jurisdictions) | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only CoinEx
Excludes US users
Both
CustodialClosed sourceMay request IDAML screeningRequires email5+ years operatingRuns an affiliate programme
Only MEXC
Nothing distinct
Where they sit among no-kyc exchanges
Questions
Is CoinEx or MEXC safer?
They have the same Safety grade, 4.5 out of 10.
Does CoinEx or MEXC require KYC?
CoinEx is KYC level 3 (ID on risk flag). MEXC is KYC level 3 (ID on risk flag).
Which has more incidents on record?
CoinEx has 0 and MEXC has 0 documented incidents in the registry.