Order-book exchange using two-key deposit accounts with timelocked refunds
Privacy 6.5
Safety 6.4
No-KYC Exchanges Since 2018 Reviewed 22 Oct 2026
MEXC review
Large offshore spot and futures exchange where ID is optional up to a withdrawal cap
- 5+ years operating
- May ask for ID
- Screens deposits
- Holds your funds
ID on risk flag KYC 3 Documentation reviewed
Privacy
1.3/ 10
Poor
Safety
4.5/ 10
Caution
Based on terms and documentation. No test transactions published yet. See the arithmetic
MEXC review in short
MEXC is an exchange operating since 2018. Its terms put it at KYC level 3 of 4: ID on risk flag. NoKYC Score grades it 1.3/10 for privacy (poor) and 4.5/10 for safety (caution). In its favour: 5+ years operating. To watch: it may ask for ID, screens deposits and holds your funds while you use it. No incidents are on record.
- Category
- No-KYC Exchanges
- KYC level
- 3 of 4: ID on risk flag
- Grades
- Privacy 1.3/10, Safety 4.5/10
- Sign-up
- Email required
- Custody
- custodial
- 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.
- Incidents on record
- 0
- Last reviewed
- 22 Oct 2026
Cite this review
NoKYC Score, "MEXC review", reviewed 22 Oct 2026, https://nokycscore.com/service/mexc
Also available as plain text.
What MEXC is
MEXC is a high-volume centralised exchange offering spot and derivatives markets across a very large number of tokens. Trading is possible without completing identity verification; verification mainly raises withdrawal limits and unlocks some features. Published figures for the unverified daily withdrawal cap conflict: an article on the exchange's own learning site dated December 2025 gives 10 BTC per day, while third-party guides in 2026 cite about 1,000 USDT in most regions. The exchange holds customer funds and operates risk controls that can restrict accounts pending verification, so it should be treated as a custodial venue with conditional rather than guaranteed KYC-free use.
What MEXC offers, and what to watch
1 of 15 privacy and safety features, 4 warnings in its terms.
"Not stated" means its own pages do not say.
Identity
- ID never required No
- No account needed No
- No email needed No
- No phone number Not stated
Payment
- Accepts Monero Not stated
- Accepts Lightning Not stated
- Accepts cash Not stated
Access
- Tor onion address Not stated
- Works without JavaScript Not stated
Trust
- Never holds your funds No
- Own liquidity Not stated
- Refund without ID Not stated
- Independent audit Not stated
- Company named Not stated
- 5+ years operating Yes Has operated continuously for five years or more.
Warnings
- May ask for ID Yes The terms reserve the right to demand identity documents, often after a risk flag.
- Screens deposits Yes Deposits are scored by blockchain analytics; a flag can freeze them.
- Passes orders to partners Not in terms
- Holds your funds Yes The operator controls user funds while they are on the platform.
- Email required Yes An email address is required to use the service.
- Phone number required Not in terms
- Nobody accountable Not in terms
Does MEXC require KYC?
- 0 Never
- 1 Not mentioned
- 2 Rare
- 3 On risk flag
- 4 Mandatory
KYC level 3: ID on risk flag. The terms allow funds to be held and identity demanded after an automated risk flag.
Trading works without ID, but verification tiers gate withdrawals and the exchange can require verification under its risk controls.
How the grades add up
Both grades start at 50 points and move by fixed, published amounts. Nothing is adjusted by hand. The total is divided by ten.
Privacy
1.3- Starting points 50
- KYC level 3: ID on risk flag -14
- Custodial -3
- Closed source -2
- May request ID -7
- AML screening -7
- Requires email -4
- Total, clamped to 0–100 13
Safety
4.5- Starting points 50
- Custodial -5
- Closed source -3
- May request ID -4
- AML screening -3
- 5+ years operating +10
- Total, clamped to 0–100 45
Test ledger
Real transactions run by our editors. A badge without a ledger is an assertion; this is the proof.
No test transactions published yet
The grades above rest on MEXC’s terms and documentation. Tests will appear here with the date, route, amount band and result as they are run.
Incidents on record
No incidents are on record for MEXC. If you have a documented case, report it.
User reviews
Reviews never change a grade. Reviews with a transaction reference are marked.
No reviews yet.
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Alternatives to MEXC
All alternatives → 
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Safety 5.5
MEXC vs NightTrader ExchangeMEXC vs Mt PelerinMEXC vs SafeTradeMEXC vs Azteco
MEXC: common questions
Does MEXC require KYC?
MEXC is rated KYC level 3 of 4 on this site: ID on risk flag. Trading works without ID, but verification tiers gate withdrawals and the exchange can require verification under its risk controls.
Is MEXC safe to use?
MEXC has a Safety grade of 4.5 out of 10 and a Privacy grade of 1.3 out of 10. No incidents are on record. Evidence level: documentation reviewed.
Is MEXC legit?
MEXC is a working exchange that has operated since 2018. Being real is not the same as being safe: its Safety grade here is 4.5 out of 10, built from custody, liquidity, track record and incidents.
Is MEXC a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for MEXC. Its terms also allow it to hold a flagged deposit and ask for identity documents.
Do I need an account or email to use MEXC?
Email required.
What are MEXC's 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.
Does MEXC have a Tor onion address?
No official onion address was found on MEXC's own pages.
Which cryptocurrencies does MEXC support?
MEXC supports BTC, ETH, USDT, SOL, XRP, LTC.
Is MEXC custodial?
Yes. MEXC holds funds during a trade, which means it is able to delay or freeze them.
Can I use MEXC over Tor?
MEXC does not publish an official onion address.
Listing history
- Listing added. Facts and KYC level set from the service's own terms and documentation.