MEXC
MEXC is a Seychelles-registered exchange known for very low fees and fast listing of new tokens, but it lacks major regulatory licences.
Key facts
- Trading platforms
- WebMobileAPI
- Account types
- SpotFuturesEarn
- Instruments
- Spot CryptoPerpetual FuturesStaking
- Deposit & withdrawal
- CryptoBank CardP2P
- Features
- Accepts IraniansPersian supportIslamic accountCopy tradingDemo account
Score breakdown
Each criterion is rated 0–5 by our editorial team.
- Trust & Regulation3.0
- Fees & Costs4.8
- Platform & UX4.1
- Deposit & Withdrawal3.8
- Support3.5
- Features & Range4.2
Full review
MEXC launched in 2018 and its main entity is registered in Seychelles. It became popular through rapid listing of new tokens and very low fees.
MEXC does not hold tier-1 or well-known regional licences, and some regulators in Europe and Asia have issued warnings about unlicensed activity. There have also been user reports of accounts frozen during risk reviews; these factors weigh on trust.
Spot fees are 0% maker and 0.05% taker, and futures are 0% / 0.02%. Over 3,000 tokens are listed, with futures up to 500x and copy trading. The large number of small-cap tokens carries high risk.
Funding is mainly via crypto, plus cards and P2P. MEXC's terms restrict sanctioned countries including Iran.
Last updated: Oct 6, 2026
Pros & cons
- Very low fees
- Fast new-token listings
- 3,000+ tokens
- Copy trading
- Good futures liquidity
- No reputable licence
- Warnings from some regulators
- High risk from small-cap tokens
- Reports of frozen accounts
- Does not accept Iranian users
Licences & regulation
Tier 1 means the strictest oversight.
User reviews
- 5 stars0
- 4 stars0
- 3 stars0
- 2 stars0
- 1 stars0
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