LMEX vs MEXC
It is a trade-off. MEXC has the higher Safety grade (4.5 against 4.3), while LMEX has the higher Privacy grade (2.4 against 1.3).
LMEX
Spot and derivatives exchange run by a BVI company, with KYC possible at registration
Privacy
2.4/ 10
Poor
Safety
4.3/ 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
| LMEX | 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, XMR, SOL | BTC, ETH, USDT, SOL, XRP, LTC |
| Pay with | Crypto, Monero | Crypto |
| Limits | Not confirmed: the official help centre was unavailable (account suspended) during this review | 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 | Not published | 2018 |
| Jurisdiction | British Virgin Islands | Not published |
| Not available in | Terms: United States, Belarus, Canada, Cuba, Eritrea, Iran, North Korea, Syria, Singapore, Taiwan, Russia and Venezuela | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only LMEX
Accepts MoneroExcludes US usersLegal entity disclosed
Both
CustodialRequires emailMay request IDClosed sourceRuns an affiliate programme
Only MEXC
AML screening5+ years operating
Where they sit among no-kyc exchanges
Questions
Is LMEX or MEXC safer?
MEXC has the higher Safety grade: LMEX 4.3, MEXC 4.5, out of 10.
Does LMEX or MEXC require KYC?
LMEX is KYC level 3 (ID on risk flag). MEXC is KYC level 3 (ID on risk flag).
Which has more incidents on record?
LMEX has 0 and MEXC has 0 documented incidents in the registry.