MEXC vs Pionex
MEXC has the higher grade on both axes: Safety 4.5 against 3.8, and Privacy 1.3 against 0.6.
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 →
Pionex
Centralised exchange with built-in trading bots; identity verification required before any trading or deposit
Privacy
0.6/ 10
Poor
Safety
3.8/ 10
Poor
ID mandatory KYC 4 Docs reviewed Full review →
Side by side
| MEXC | Pionex | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID on risk flag | ID mandatory |
| Custody | Custodial | Custodial |
| Sign-up | Email required | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, SOL, XRP, LTC | BTC, ETH, USDT |
| Pay with | Crypto | Crypto, Card, Bank transfer |
| Limits | 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. | LV.0: no trading or deposits, 0 withdrawals; LV.1 (help-centre upgrade notice): 20,000 USD/day, 100,000 USD/30 days; LV.2: 1,000,000 USD/day |
| Founded | 2018 | Not published |
| Not available in | Not published | Mainland China, Hong Kong, United States, Singapore, Afghanistan, Cuba, Iran, North Korea, Syria, United Kingdom, Canada, Netherlands, Spain, France and sanctioned persons (terms); help centre lists further unsupported regions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only MEXC
AML screeningRequires email5+ years operating
Both
CustodialClosed sourceMay request IDRuns an affiliate programme
Only Pionex
Excludes US users
Where they sit among no-kyc exchanges
Questions
Is MEXC or Pionex safer?
MEXC has the higher Safety grade: MEXC 4.5, Pionex 3.8, out of 10.
Does MEXC or Pionex require KYC?
MEXC is KYC level 3 (ID on risk flag). Pionex is KYC level 4 (ID mandatory).
Which has more incidents on record?
MEXC has 0 and Pionex has 0 documented incidents in the registry.