# MEXC review: KYC policy, privacy and safety grades

> 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.

Source: NoKYC Score, "MEXC review", reviewed 22 Oct 2026, https://nokycscore.com/service/mexc

## Key facts
- **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
- **Official website:** https://www.mexc.com

## What it 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 the terms say about ID
Trading works without ID, but verification tiers gate withdrawals and the exchange can require verification under its risk controls.

## Features and warnings
- **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
- **Warnings:** May ask for ID: yes; Screens deposits: yes; Passes orders to partners: not in terms; Holds your funds: yes; Email required: yes; Phone number required: not in terms; Nobody accountable: not in terms

## 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.

## Sources
- https://www.mexc.com/learn/article/mexc-deposit-withdrawal-guide-fees-limits-kyc-requirements-faq/1
- https://cryptsy.com/mexc-kyc/

How grades are calculated: https://nokycscore.com/methodology