Where is MEXC restricted?

MEXC is restricted in 23 of the 195 countries we cover: Belarus, Canada, China, Cuba, Cyprus, France, Honduras, India, Iran, Kazakhstan, Laos, Lithuania, Malaysia, Myanmar, the Netherlands, North Korea, Russia, Singapore, South Korea, Sudan, the United Kingdom, the United States and Uzbekistan.

Thirteen are named in the prohibited-jurisdictions clause of MEXC’s user agreement, last updated on 13 October 2026, which also names Hong Kong and the Russian-controlled regions of Ukraine. The same clause excludes any country under comprehensive EU or OFAC sanctions or on the FATF blacklist, which brings in Myanmar, and it calls the list non-exclusive. MEXC gives no reason for the named countries, but most have warned it: Malaysia’s Securities Commission put MEXC Global on its investor alert list in 2022, the UK FCA on its warning list in 2024, and Kazakhstan’s AIFC regulator names MEXC in a warning on unlicensed platforms.

Two are exits MEXC announced, and one is a regulator block. In India it paused new sign-ups from 15 January 2026 and suspended trading and deposits from 28 February while it seeks registration with India’s Financial Intelligence Unit. In the Netherlands it cut fiat services on 20 March and, according to its own guide to restricted regions, asks Dutch users to move their assets out by 31 October before final offboarding on 16 November 2026. In South Korea the FIU had MEXC’s app blocked in April 2025, CoinDesk reported, and its website blocked from 13 October 2026, according to News1, in the same action as KuCoin.

The other six come from our geo-access test: MEXC’s own location check refused France, Cyprus, Lithuania, Uzbekistan, Honduras and Laos, although no MEXC document names them.

Grid of the 23 countries where MEXC is restricted, grouped by cause: named in its user agreement with no reason given (Belarus, Canada, China, Kazakhstan, Malaysia, Russia, Singapore, United Kingdom and United States), sanctions or the FATF blacklist (Cuba, Iran, Myanmar, North Korea and Sudan), an exit or suspension announced by MEXC, or a block ordered by a regulator (India, Netherlands and South Korea) and blocked by MEXC’s own location check in our test though not on its list (Cyprus, France, Honduras, Laos, Lithuania and Uzbekistan). In our geo-access test MEXC blocked China, Cuba, Cyprus, France, Honduras, India, Kazakhstan, Laos, Lithuania, Malaysia, Netherlands, Singapore, Sudan, United States and Uzbekistan; Belarus, Canada, Russia, South Korea and United Kingdom loaded with no barrier; Iran, Myanmar and North Korea were not tested.

MEXC turned away 15 of the 23 at the door, with its own wording. The UK, Canada, Belarus and Russia, all on its list, and South Korea loaded with no barrier, and Iran, Myanmar and North Korea could not be tested. The full list, grouped by reason, is below.

CategoryCountriesContextLast verified
Geographic block14 countriesOn the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026).20 Oct 2026
Geographic block3 countriesNo MiCA licence, and MEXC's own location check refused this country in our geo-access test.17 Oct 2026
Geographic block3 countriesNot on MEXC's list, but MEXC's own location check refused this country in our geo-access test.17 Oct 2026
Geographic block1 countryCovered by the user agreement's catch-all for countries on the FATF call-for-action list (the FATF blacklist).17 Oct 2026
License requirement1 countryMEXC is winding down Dutch accounts (assets out by 31 October, offboarding on 16 November 2026) after the AFM found it unlicensed under MiCA; its sign-up check refused a Dutch IP.17 Oct 2026
License requirement1 countryMEXC paused Indian sign-ups on 15 January 2026 and suspended trading and deposits from 28 February 2026 while it registers with FIU-IND.17 Oct 2026
Geographic block1 countryNot on MEXC's list, but South Korea's FIU had its app blocked in 2025 and its website blocked from October 2026 as an unregistered foreign exchange.17 Oct 2026

Where is MEXC limited?

MEXC is limited in 32 countries: the 26 EEA countries it does not block, where it has no MiCA licence, plus Indonesia, Japan, the Philippines, Turkey, Ukraine and the United Arab Emirates.

For the EEA we rely on MEXC’s own guide, which says it holds no MiCA authorisation, and on ESMA’s list of non-compliant entities, where the Dutch AFM recorded on 16 September 2025 that MEXC Global was serving the Netherlands without a MiCAR licence. The other six come from regulators and MEXC’s terms. Japan’s FSA sent MEXC Global warnings in March 2023 and November 2024 for serving Japanese residents unregistered, and in February 2025 asked Apple and Google to pull its app, The Block reported. Türkiye’s Capital Markets Board ordered mexc.com blocked in December 2024, though the site loaded from a Turkish server in our test.

The Philippine SEC named MEXC among ten unregistered exchanges in August 2025, as BitPinas reported, after which the main internet providers restricted access. Dubai’s VARA warned in March 2026 that MEXC holds no Dubai licence, then fined its operator and ordered it to stop. In Indonesia MEXC says its app is not in the app stores, and in Ukraine its terms exclude Crimea, Donetsk, Luhansk, Zaporizhzhia, Kherson and Sevastopol.

Chart of the 32 countries where MEXC is limited: 26 EEA countries where it has no MiCA licence and ESMA lists it as non-compliant (Austria, Belgium, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden); four with regulator action: Japan (FSA warnings), the Philippines (SEC advisory and ISP blocks), Türkiye (site blocked by the Capital Markets Board) and the United Arab Emirates (VARA fine in Dubai); Indonesia, where its app is not offered; and Ukraine, where six Russian-controlled regions are excluded.

Limited means MEXC does not exclude the country, but it has no licence there or something is cut back. Every limited country we reached loaded MEXC with no barrier, Japan and Turkey included. The countries and the reason for each are below.

CategoryCountriesContextLast verified
License requirement26 countriesNo MiCA licence: MEXC is not authorised in the EEA, and ESMA lists it as non-compliant after the Dutch AFM's decision of September 2025.17 Oct 2026
Partial service1 countryMEXC says its app is not listed in Indonesian app stores; the website is not restricted.17 Oct 2026
Regulatory warning1 countryNot on MEXC's list, but Japan's FSA warned MEXC in 2023 and 2024 for serving residents unregistered, and its app is not offered there.17 Oct 2026
Regulatory warning1 countryNot on MEXC's list, but Türkiye's Capital Markets Board ordered mexc.com blocked in December 2024; the site loaded from a Turkish server in our test.17 Oct 2026
Regulatory warning1 countryNot on MEXC's own list, but named in the SEC's August 2025 advisory on unregistered exchanges, after which major ISPs restricted access.17 Oct 2026
Geographic block1 countryThe Russian-controlled regions (Crimea, Donetsk, Luhansk, Zaporizhzhia, Kherson and Sevastopol) are on MEXC's prohibited list; the rest of Ukraine is not.17 Oct 2026
Regulatory warning1 countryVARA warned in March 2026 that MEXC holds no Dubai licence, then fined its operator in June 2026 and ordered it to stop serving Dubai.17 Oct 2026

Where is MEXC available?

MEXC is available in the other 140 of the 195 countries we cover, from Bangladesh and Vietnam to Thailand and most of Africa and Latin America.

None of them hosts a MEXC licence. Syria we checked by name because of sanctions: it is not named in the terms or covered by the comprehensive-sanctions or FATF catch-all, and it has dropped off MEXC’s 2023 list. Belarus and Russia, checked the same way, are now named in the terms and restricted. The other 139 are available under our coverage rule: no MEXC or regulator document restricts them, and our test, where it reached, did not block them.

Bar chart of the 140 countries where MEXC is available, by region: Africa 53 (27 tested), Asia 31 (25 tested), Europe 11 (9 tested), North America 19 (6 tested), South America 12 (8 tested), Oceania 14 (2 tested). None hosts a MEXC licence. 27 were checked by name against MEXC’s prohibited-jurisdictions list and our test, and 113 are available under the coverage rule because no official document restricts them. 77 loaded in our geo-access test without a block.

Our test loaded MEXC without a block in 77 of the 140. Available means MEXC does not exclude the country, not that local law allows crypto trading or that MEXC is licensed there; it is licensed nowhere we could check. The countries we hold a written row for are below.

CategoryCountriesContextLast verified
No restriction9 countriesNot on MEXC's prohibited-jurisdictions list (updated 13 October 2026), and not blocked in our geo-access test.07 Nov 2026
No restriction4 countriesNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026) and its home and sign-up pages loaded in our geo-access test.18 Oct 2026
No restriction4 countriesNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026), which is non-exclusive; our geo-access test loaded the site.19 Oct 2026
No restriction2 countriesNot on MEXC's prohibited list, and its pages loaded in our geo-access test.19 Oct 2026
No restriction1 countryBangladesh is not on MEXC's prohibited list, and its pages loaded in our geo-access test.20 Oct 2026
No restriction1 countryGeorgia is not on MEXC's list of places it does not serve (terms of 13 October 2026), and its pages loaded in our geo-access test.19 Oct 2026
No restriction1 countryNigeria is not on MEXC's prohibited list, and its pages loaded in our geo-access test.17 Oct 2026
No restriction1 countryNot named in MEXC's current user agreement (13 October 2026), and not blocked in our geo-access test.19 Oct 2026
No restriction1 countryNot on MEXC's prohibited list of 13 October 2026, and its pages loaded in our geo-access test.19 Oct 2026
No restriction1 countryNot on MEXC's prohibited list, and not blocked in our geo-access test.17 Oct 2026
No restriction1 countryNot on MEXC's prohibited-jurisdictions list (13 October 2026), and not blocked in our geo-access test.17 Oct 2026
No restriction1 countryNot on MEXC's prohibited-jurisdictions list (updated 13 October 2026). Our test refusal matches the one the same virtual address gets as a US visitor, so it does not count.19 Oct 2026
No restriction1 countryNot on MEXC's prohibited-jurisdictions list, and not blocked in our geo-access test.07 Nov 2026
No restriction1 countryNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026), and its home and sign-up pages loaded in our geo-access test.18 Oct 2026
No restriction1 countryNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026), and not blocked in our geo-access test.18 Oct 2026
No restriction1 countryNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026), which is non-exclusive; not on the CNV register; our geo-access test loaded the site.17 Oct 2026
No restriction1 countryNot on the prohibited-jurisdictions list in MEXC's user agreement (updated 13 October 2026); the site loaded in our test.07 Nov 2026
No restriction1 countryPakistan is not on MEXC's prohibited list, and its pages loaded in our geo-access test.19 Oct 2026

Where do MEXC’s visitors come from?

Bangladesh leads Semrush’s September estimate for mexc.com by far, and the United States, where MEXC does not serve anyone, is in the top three of both estimates we checked.

Semrush counts 17.89 million visits in September 2026, 30.93% of them from Bangladesh, ahead of Thailand at 6.03% and the United States at 5.23%. Similarweb’s own page was behind a search limit when we checked on 17 October, so we used its figures as published by BitRSS: 18.16 million visits in May 2026, led by Vietnam at 7.50% and the United States at 6.88%.

Two ranked bar lists of the top countries visiting mexc.com. Semrush September 2026 (17.89M visits): Bangladesh 30.93%, Thailand 6.03%, United States 5.23%, Turkey 3.97%, Russia 3.6%. Similarweb May 2026, via BitRSS (18.16M visits): Vietnam 7.5%, United States 6.88%, India 6.49%, Singapore 5.66%, Philippines 4.75%. United States, Russia, India and Singapore, where MEXC is restricted, appear in the lists; Bangladesh’s bar is cut off at the scale limit.

Three restricted countries sit in these lists, the United States, India and Singapore, and our test shows why they can appear: from the US, India and Singapore the home page loaded with no visible notice, and only MEXC’s location check refused the address, so price checks and research still count as visits. Estimators model traffic from panels and samples, so treat any single share as an estimate.

MEXC geo-access test: what we saw from 129 countries

In our test MEXC’s own location check refused 17 of the 133 places we reached, among them 15 of its 23 restricted countries, but a visible banner or pop-up appeared in only six.

We ran the test ourselves on 16 October 2026, with the same method as for every platform. A browser with a VPN connected to one country at a time and loaded MEXC’s home page and its sign-up page, each time in a fresh private window with no cookies. Cookie banners were hidden but never accepted, and bot checks were waited out, never solved. Every run saved the page text, a screenshot and the responses of MEXC’s own location service.

Of the 133 places tested (129 of our 195 countries plus Hong Kong, Macao, Puerto Rico and Taiwan), 59 of the countries went through VPN servers located there and 70 through virtual locations hosted elsewhere. A virtual location tests MEXC’s own blocking only; it cannot see a block run by a country’s internet providers, as in the Philippines.

The test does not decide a country’s status on its own: official documents come first, and a page that loads is not permission to use MEXC.

Table of MEXC’s recorded status against what our geo-access test saw. Restricted (23): blocked by MEXC in 15, no barrier in 5, not tested in 3. Limited (32): blocked by MEXC in 0, no barrier in 31, not tested in 1. Available (140): blocked by MEXC in 1, no barrier in 77, not tested in 62. Blocked means MEXC’s own location check refused the page, shown as a banner or pop-up on the home page or as a refusal on the sign-up page.

Three patterns stand out. First, MEXC blocks more than its list: its location service answered France, Cyprus, Lithuania, Uzbekistan, Honduras and Laos with the same refusal it gives listed countries, so we record them as restricted. Panama got the same refusal, but so does the same virtual address as a US visitor, so we do not count it. Second, most refusals are invisible. China, Cuba, Cyprus, France, Sudan and Uzbekistan saw a banner saying services are not available in your location, some with a pop-up, while in the US, Singapore, Malaysia and eight more the page looked normal and only the check behind it refused. That is the opposite of OKX, whose home page showed a pop-up in every listed country it reached. Third, the UK and Canada, both on MEXC’s list, passed every check, as did Germany, Japan and South Korea, three days after the Korean FIU’s website block took effect: that block runs through internet providers and did not reach our VPN server.

Iran, Myanmar and North Korea were not tested: our VPN offers no location in them. The full result for every country, with the exact message where there was one, is below.

  • "comply with local regulatory requirements, services are not available in your location."

    Home page · 14 countries: China, Cuba, Cyprus, France, Honduras and 9 more

  • "to local laws and regulations, this service is currently unavailable in your region."

    Home page · 3 countries: India, Kazakhstan, Netherlands

Source: CryptoRestrictions geo-access test, 16 Oct 2026. Every other country loaded both pages with no restriction message.

All 133 test results, country by country

MEXC geo-access test results by country

Sortable; "Our status" is the verified dataset status, not the test result
CountryLocationHome pageSign-up pageOur status
AfghanistanVirtualOpenOpenAvailable
AlbaniaIn countryOpenOpenAvailable
AlgeriaVirtualOpenOpenAvailable
AndorraIn countryOpenOpenAvailable
AngolaVirtualOpenOpenAvailable
ArgentinaIn countryOpenOpenAvailable
AustraliaIn countryOpenOpenAvailable
AustriaIn countryOpenOpenLimited
AzerbaijanVirtualOpenOpenAvailable
BahrainVirtualOpenOpenAvailable
BangladeshVirtualOpenOpenAvailable
BelarusVirtualOpenOpenRestricted
BelgiumIn countryOpenOpenLimited
BhutanVirtualOpenOpenAvailable
Bosnia and HerzegovinaIn countryOpenOpenAvailable
BrazilIn countryOpenOpenAvailable
BruneiIn countryOpenOpenAvailable
BulgariaIn countryOpenOpenLimited
CambodiaVirtualOpenOpenAvailable
CameroonVirtualOpenOpenAvailable
CanadaIn countryOpenOpenRestricted
ChadVirtualOpenOpenAvailable
ChileIn countryOpenOpenAvailable
ChinaIn countryBlockedBlockedRestricted
ColombiaIn countryOpenOpenAvailable
ComorosVirtualOpenOpenAvailable
DR CongoVirtualOpenOpenAvailable
Costa RicaVirtualOpenOpenAvailable
Côte d'IvoireVirtualOpenOpenAvailable
CroatiaIn countryOpenOpenLimited
CubaVirtualBlockedBlockedRestricted
CyprusIn countryBlockedBlockedRestricted
CzechiaIn countryOpenOpenLimited
DenmarkIn countryOpenOpenLimited
Dominican RepublicVirtualOpenOpenAvailable
EcuadorVirtualOpenOpenAvailable
EgyptVirtualOpenOpenAvailable
El SalvadorVirtualOpenOpenAvailable
EritreaVirtualOpenOpenAvailable
EstoniaIn countryOpenOpenLimited
EthiopiaVirtualOpenOpenAvailable
FinlandIn countryOpenOpenLimited
FranceIn countryBlockedBlockedRestricted
GeorgiaVirtualOpenOpenAvailable
GermanyIn countryOpenOpenLimited
GhanaVirtualOpenOpenAvailable
GreeceIn countryOpenOpenLimited
GuatemalaVirtualOpenOpenAvailable
GuineaVirtualOpenOpenAvailable
HondurasVirtualOpenBlockedRestricted
Hong KongIn countryBlockedBlockedRestricted
HungaryIn countryOpenOpenLimited
IcelandIn countryOpenOpenLimited
IndiaVirtualBlockedBlockedRestricted
IndonesiaIn countryOpenOpenLimited
IraqVirtualOpenOpenAvailable
IrelandIn countryOpenOpenLimited
IsraelIn countryOpenOpenAvailable
ItalyIn countryOpenOpenLimited
JapanIn countryOpenOpenLimited
JordanVirtualOpenOpenAvailable
KazakhstanVirtualOpenBlockedRestricted
KenyaVirtualOpenOpenAvailable
KuwaitVirtualOpenOpenAvailable
LaosVirtualOpenBlockedRestricted
LatviaIn countryOpenOpenLimited
LibyaVirtualOpenOpenAvailable
LiechtensteinVirtualOpenOpenLimited
LithuaniaIn countryOpenBlockedRestricted
LuxembourgIn countryOpenOpenLimited
MacaoVirtualOpenOpenAvailable
MalaysiaIn countryBlockedBlockedRestricted
MauritaniaVirtualOpenOpenAvailable
MauritiusVirtualOpenOpenAvailable
MexicoIn countryOpenOpenAvailable
MoldovaIn countryOpenOpenAvailable
MonacoVirtualOpenOpenAvailable
MongoliaVirtualOpenOpenAvailable
MontenegroVirtualOpenOpenAvailable
MoroccoVirtualOpenOpenAvailable
NepalVirtualOpenOpenAvailable
NetherlandsIn countryBlockedBlockedRestricted
New ZealandIn countryOpenOpenAvailable
NicaraguaVirtualOpenOpenAvailable
NigeriaIn countryOpenOpenAvailable
North MacedoniaIn countryOpenOpenAvailable
NorwayIn countryOpenOpenLimited
OmanVirtualOpenOpenAvailable
PakistanVirtualOpenOpenAvailable
PanamaVirtualOpenBlockedAvailable
PeruIn countryOpenOpenAvailable
PhilippinesVirtualOpenOpenLimited
PolandIn countryOpenOpenLimited
PortugalIn countryOpenOpenLimited
Puerto RicoVirtualOpenOpenAvailable
QatarVirtualOpenOpenAvailable
RomaniaIn countryOpenOpenLimited
RussiaVirtualOpenOpenRestricted
RwandaVirtualOpenOpenAvailable
Saudi ArabiaVirtualOpenOpenAvailable
SenegalVirtualOpenOpenAvailable
SerbiaIn countryOpenOpenAvailable
SingaporeIn countryBlockedBlockedRestricted
SlovakiaIn countryOpenOpenLimited
SloveniaIn countryOpenOpenLimited
SomaliaVirtualOpenOpenAvailable
South AfricaIn countryOpenOpenAvailable
South KoreaIn countryOpenOpenRestricted
South SudanVirtualOpenOpenAvailable
SpainIn countryOpenOpenLimited
Sri LankaVirtualOpenOpenAvailable
SudanVirtualBlockedBlockedRestricted
SwedenIn countryOpenOpenLimited
SwitzerlandIn countryOpenOpenAvailable
SyriaVirtualOpenOpenAvailable
TaiwanIn countryOpenOpenAvailable
TajikistanVirtualOpenOpenAvailable
TanzaniaVirtualOpenOpenAvailable
ThailandVirtualOpenOpenAvailable
TogoVirtualOpenOpenAvailable
TunisiaVirtualOpenOpenAvailable
TurkeyIn countryOpenOpenLimited
TurkmenistanVirtualOpenOpenAvailable
UgandaVirtualOpenOpenAvailable
UkraineIn countryOpenOpenLimited
United Arab EmiratesIn countryOpenOpenLimited
United KingdomIn countryOpenOpenRestricted
United StatesIn countryOpenBlockedRestricted
UruguayVirtualOpenOpenAvailable
UzbekistanVirtualBlockedBlockedRestricted
VenezuelaVirtualOpenOpenAvailable
VietnamVirtualOpenOpenAvailable
YemenVirtualOpenOpenAvailable

Source: CryptoRestrictions geo-access test, 16 Oct 2026. Virtual: an IP address registered to the country, served from a server elsewhere.

MEXC licences and registrations

MEXC holds no licence or registration that we could verify on any regulator’s register, and 12 regulators in 12 jurisdictions have taken action against it instead.

We checked ESMA’s register of MiCA-authorised providers, and the public registers and warning lists of the regulators in the chart; MEXC appears only as a warning or an enforcement case. Its user agreement names MEXC (Comoros) Ltd, a company registered in the Union of Comoros, as the operator. Regulators name other companies. Seychelles’ FSA said on 26 May 2026 that MX Global Ltd, registered there, operates the MEXC exchange and has never held a licence, and began enforcement. VARA’s alert named MEXC Estonia OÜ and MEXC Global LTD, and its notice of fines of 22 June 2026 found that MX Global Ltd served Dubai without a licence from 2022 to April 2026; VARA did not publish the amount.

Chart of 12 regulator actions against MEXC in 12 jurisdictions, beside a count of zero licences we could verify: 7 warnings, 2 access blocks, 2 orders or decisions and 1 fine. Asia-Pacific: Japan FSA (Warning letters, Mar 2023 and Nov 2024); Korea FIU (App blocked 2025, website Oct 2026); Philippine SEC (Advisory Aug 2025; ISPs block); Hong Kong SFC (Alert list, Mar 2024); Malaysia SC (Investor alert list, Sep 2022). Europe: Dutch AFM (No MiCA licence (art. 59), Sep 2025); Germany BaFin (Unauthorised services, Oct 2023); UK FCA (Warning list, Mar 2024). Middle East and Africa: Dubai VARA (Alert Mar 2026, fine Jun 2026); Seychelles FSA (Enforcement started, May 2026). Americas and Central Asia: British Columbia BCSC (Caution list, Aug 2023); AIFC AFSA (Warning on unlicensed platforms). MEXC is not on ESMA’s MiCA register, and its terms name MEXC (Comoros) Ltd as the operator.

The warnings go back to 2022. Besides those above, Hong Kong’s SFC put MEXC on its alert list in March 2024 for targeting Hong Kong investors without a licence, British Columbia’s securities commission cautioned in August 2023 that MEXC is not recognised or registered there, and Germany’s BaFin warned in October 2023 that MEXC offered financial services without authorisation. The only fine is Dubai’s.

MEXC and MiCA in the EU

MEXC has no MiCA licence and has not said where it will apply. It is leaving the Netherlands, its own location check blocks France, Cyprus and Lithuania, and the other 26 EEA countries are limited.

MiCA is the EU’s crypto rulebook, and from 30 December 2024 it required exchanges serving EU clients to hold an authorisation from one member state (our MiCA article covers the rules). Firms already operating under national law could carry on until 1 July 2026 at the latest, and ESMA said in its statement of 17 April 2026 that serving EU clients without a licence after that is a breach of EU law. MEXC was not on ESMA’s register of authorised providers when we checked on 17 October. In April 2026 its new chief executive called a MiCA application a top strategic priority, Cointelegraph reported, without naming a country.

Chart of the MiCA status of 14 crypto platforms. Authorised: Bitstamp, Bybit, Coinbase, Crypto.com, Gate, Kraken, KuCoin and OKX. No MiCA licence: Binance, Bitfinex, Bitget and MEXC. Left the EEA: Gemini. Under EU sanctions: HTX. MEXC is highlighted among the platforms without a licence.

MEXC is one of three centralised platforms in our MiCA dataset without a licence, with Binance and Bitget, whose EU company at least applied in Austria in July 2026. The Dutch case is the clearest: the AFM’s warning of 24 September 2025 said MEXC illegally offers crypto-asset services in the Netherlands, and MEXC’s exit followed a year later.

MEXC MiCA timeline

Timeline of MiCA and MEXC. EU rules: 30 Dec 2024, CASP licensing starts; 17 Apr 2026, ESMA: unlicensed firms must stop; 1 Jul 2026, Transition ends. MEXC: 19 Oct 2023, BaFin warning in Germany; 16 Sep 2025, Dutch AFM: no MiCA licence; 20 Mar 2026, Dutch fiat services cut; 16 Nov 2026, Dutch offboarding.

MEXC’s pages loaded with no notice in all 25 of the 26 limited EEA countries we reached (Malta was not tested), so for most of the EEA nothing at the door tells a visitor that MEXC has no licence. MEXC’s guide tells EU and EEA readers to use a MiCA-authorised provider instead. We record them as limited until MEXC is authorised or publishes an exit.

Is MEXC available in the US?

No: the United States is on the prohibited list in MEXC’s user agreement, and MEXC has no US company or licence.

When we loaded mexc.com from a US address on 16 October 2026, the home page showed no notice, but MEXC’s location check refused the sign-up page with the message that services are not available in your location. Identity verification is the second barrier: MEXC accepts verification only from countries it does not restrict and rejects ID documents issued by them. We found no action by a US federal regulator against MEXC.

MEXC regulator actions and market moves: timeline

Year-by-year table of regulator actions against MEXC beside MEXC’s own exits and rule changes. 2022: Malaysia’s SC: investor alert list (5 Sep); BTC withdrawal limits doubled (13 Jun). 2023: Japan’s FSA: first warning letter (31 Mar); British Columbia caution list (23 Aug); BaFin warning (19 Oct). 2024: Hong Kong SFC alert list (15 Mar); UK FCA warning list (22 Mar); Second FSA warning letter (28 Nov). 2025: FSA asks Apple and Google to pull apps (Feb); Korea blocks the app (Apr); Philippine SEC advisory; ISPs block (Aug); Dutch AFM: no MiCA licence (16 Sep). 2026: VARA alert (5 Mar), fine (22 Jun); Seychelles FSA enforcement (26 May); Korea blocks the website (13 Oct); India: sign-ups paused, then services (Jan, Feb); KYC made mandatory (5 Feb); Netherlands: fiat cut (Mar), exit (Nov); Terms list Kazakhstan, FATF blacklist (13 Oct).

MEXC’s record is one of warnings and blocks from many places rather than one large case. The pace picked up in 2025 and 2026, when Japan, South Korea, the Philippines, the Netherlands, Dubai and Seychelles all acted, and MEXC itself started to pull back: India in January and February, mandatory identity checks in February, and the Netherlands from March.

MEXC KYC and identity verification

MEXC requires identity verification before any deposit, withdrawal or trade: since 5 February 2026 an unverified account can only view market data.

MEXC’s announcement of 5 February 2026 made verification a condition of using the platform, citing its anti-money-laundering framework. Its KYC guide describes two personal levels. Primary needs a photo of an ID card, passport, driving licence or residence permit and allows withdrawals of up to 80 BTC a day; Advanced adds a facial recognition selfie and raises the limit to 200 BTC. Proof of address, dated within the last three months, is a separate step on the website. Review usually takes about 15 minutes.

Checklist of MEXC’s identity verification. Primary asks for a photo of an ID card, passport, driving licence or residence permit; Advanced adds a facial recognition selfie; proof of address dated within three months is a separate web step; at most two verified accounts per person; and the ID must not come from a country MEXC restricts. An unverified account cannot deposit, withdraw or trade spot or futures, and can only view market data. Daily withdrawal limits are 80 BTC at Primary and 200 BTC at Advanced.

The checks also enforce the country lists. MEXC accepts verification only from users in countries it does not restrict, and its FAQ says the document must not be issued by a restricted country. A deposit made before verification can be held until it is done, and users who cannot verify can apply for withdrawal-only access.

MEXC verification history

Timeline of MEXC identity verification. 13 Jun 2022: Withdrawal limits doubled: 80 BTC Primary, 200 Advanced. 26 Aug 2025: Flagged accounts must pass Advanced KYC. 15 Jan 2026: India sign-ups paused. 5 Feb 2026: KYC required to deposit, withdraw or trade. Pages of Oct 2026: Primary and Advanced, no unverified tier.

For years MEXC was one of the exchanges people used without verifying, and its rules tightened in steps. A June 2022 notice doubled the daily BTC withdrawal limits to 80 BTC at Primary and 200 at Advanced. In August 2025 MEXC restricted withdrawals on flagged accounts until they passed Advanced verification, and the February 2026 announcement ended unverified trading altogether. For how MEXC’s checks compare with other exchanges, see our guide to crypto exchange KYC.

What if MEXC is restricted where you live?

It depends on the country: of the 21 other platforms we track, 20 are available in Honduras, 19 in Laos and 13 in Malaysia, but only one in Cuba, Iran or North Korea.

A VPN is no route around it. MEXC’s terms make every user confirm they are not accessing MEXC from a prohibited jurisdiction and let it close the account and liquidate positions for a false location, verification refuses documents from restricted countries, and in our test MEXC’s location check refused 16 of its 21 restricted countries. What is left is a platform that is allowed to serve you where you live.

Stacked bars for the 23 countries where MEXC is restricted, showing how many of the 21 other platforms we track are available, limited, restricted or not yet verified there, and how many of the available ones are centralised exchanges. Honduras: 20 available (12 exchanges), 0 limited, 1 restricted, 0 unverified; Laos: 19 available (12 exchanges), 0 limited, 2 restricted, 0 unverified; Uzbekistan: 16 available (8 exchanges), 0 limited, 5 restricted, 0 unverified; Kazakhstan: 14 available (6 exchanges), 3 limited, 4 restricted, 0 unverified; South Korea: 14 available (9 exchanges), 4 limited, 3 restricted, 0 unverified; Malaysia: 13 available (5 exchanges), 2 limited, 6 restricted, 0 unverified; Cyprus: 12 available (4 exchanges), 6 limited, 3 restricted, 0 unverified; Lithuania: 11 available (4 exchanges), 8 limited, 2 restricted, 0 unverified; Myanmar: 11 available (8 exchanges), 2 limited, 8 restricted, 0 unverified; Netherlands: 11 available (4 exchanges), 5 limited, 5 restricted, 0 unverified; India: 10 available (5 exchanges), 6 limited, 5 restricted, 0 unverified; Belarus: 9 available (7 exchanges), 2 limited, 10 restricted, 0 unverified; China: 9 available (6 exchanges), 1 limited, 11 restricted, 0 unverified; Sudan: 9 available (6 exchanges), 1 limited, 11 restricted, 0 unverified; France: 8 available (4 exchanges), 7 limited, 6 restricted, 0 unverified; Singapore: 7 available (5 exchanges), 5 limited, 9 restricted, 0 unverified; Russia: 4 available (3 exchanges), 2 limited, 15 restricted, 0 unverified; United Kingdom: 4 available (2 exchanges), 7 limited, 10 restricted, 0 unverified; Canada: 3 available (1 exchange), 6 limited, 12 restricted, 0 unverified; Cuba: 1 available (1 exchange), 1 limited, 19 restricted, 0 unverified; Iran: 1 available (1 exchange), 1 limited, 19 restricted, 0 unverified; North Korea: 1 available (1 exchange), 1 limited, 19 restricted, 0 unverified; United States: 1 available (0 exchanges), 10 limited, 10 restricted, 0 unverified.

The chart shows how much choice each restricted country has. The EEA countries MEXC blocks keep plenty, with four open centralised exchanges each, many under MiCA licences. India, Malaysia and Singapore keep several too. Honduras, Laos, Uzbekistan and Kazakhstan keep 14 to 20 open platforms, most of them centralised exchanges, and in Cuba, Iran and North Korea one platform we track is available.

Each country page lists every platform we track there with its status and sources; start from our country index.