Is MEXC Available in the US? (2024)

In the current digital asset market, there is no shortage of cryptocurrency exchange options for investors. Indeed, the industry has had several prominent competitors emerge in recent years, with many abiding by regulations regarding a region-specific user base. One of the most popular is MEXC, which leads us to answer if the exchange is available in the United States.

MEXC has emerged as one of the most favored no-KYC crypto exchanges on the market. The exchange offers a host of spot and futures trading for those who do not wish to share their identity. With 0% maker or taker fees, no other exchanges that don’t require KYC can offer better opportunities than this one.

So, let’s delve a little deeper into MEXC, and answer if it is available in the United States.

What is MEXC?

Is MEXC Available in the US? (1)

Also Read: What Countries is Bitfinex Available In?

As previously stated, MEXC is a cryptocurrency exchange that excels in its offerings for users who do not want to share their IDs. MEXC doesn’t require users to sign up with an email, allowing you to join with your crypto wallet. Subsequently, allowing users to deposit, swap, or trade cryptocurrencies that can be withdrawn back into their wallets.

The exchange offers a 24-hour drawing limit that is set to 30 BTC for users who don’t fulfill KYC. Additionally, the exchange does not allow OTC trading or crypto purchases with fiat until KYC verification has been fulfilled. However, you can engage in spot and futures trading, high withdrawal limits, trading charts, and over 1,000 available cryptocurrencies all without sharing your Identity.

The exchange is based in Seychelles and holds an Estonian MTR License that allows services in a host of countries. Moreover, it has emphasized regulatory compliance throughout its history but places a focus on the ability of users to participate without adhering to strict KYC requirements. Even if such requirements unlock even more access on the platform.

Is MEXC available in the United States?

Is MEXC Available in the US? (2)

Also Read: Best Crypto Margin Trading Exchanges

First established in 2018, MEXC already has more than 10 million users globally. Indeed, that consumer base has expanded to a remarkable 170 countries and regions throughout the world. Subsequently, its commitment to expanding its reach has solidified its place as one of the best exchanges on the market.

Offering multiple language support, and localized content that allows every user to feel at home, MEXC provides a clear international appeal. However, the exchange does impose various restrictions due to regulatory requirements.

Currently, MECX is not available in North Korea, Cuba, Sudan, Syria, Iran, Crimea, Mainland China, Indonesia, Singapore, Venezuela, Canada, and The United States. These restrictions are in place because of regulatory compliance concerns, international sanctions, or political and economic environmental risks.

Is MEXC Available in the US? (2024)

FAQs

Is Mexc available in the US? ›

To open a MEXC account in the USA, you need to install a VPN and work your way around US regulations. It is important to note that MEXC itself states on its terms that the US is a prohibited country of use, so ease with caution and at your own risk!

Why can't I use Mexc in the US? ›

Your IP and nationality indicate that you are located in a country/region where MEXC services are restricted. According to MEXC's terms of service, MEXC does not provide services to users in the country/region where you are located.

Can US citizens KYC on Mexc? ›

MEXC is a global crypto exchange without mandatory KYC.

Can you withdraw money from Mexc without KYC? ›

MEXC is a crypto exchange with features like spot trading, futures trading with up to 200x leverage, and earning interest on crypto holdings. It is also a popular no-KYC crypto exchange with a 10BTC daily withdrawal limit for non-verified users and allows buying and selling crypto without ID verification.

Is Mexc illegal? ›

The U.S. has also restricted MEXC's activities, with the Financial Crimes Enforcement Network (FinCEN) denying permission due to compliance failures.

Does Mexc report to the IRS? ›

However, MEXC might still report your crypto transactions to your country's tax authority, like the IRS or HMRC. We highly recommend tracking and reporting all relevant crypto transactions on and off the exchange to prevent audits and fines.

Can I withdraw from MEXC to my bank account? ›

To get your money out of MEXC, you'll need a third-party wallet (like ZenGo) or an exchange that offers a crypto-to-fiat service.

Why can't I download Mexc? ›

Method 1: Download from the MEXC Official Website

*Please note that you might not successfully jump to the Apple Store downloading page if MEXC Global is not supported in your region. Try switching to another Apple ID in a different region and retry.

Where is MEXC available? ›

Currently, MEXC caters to more than 10 million users in over 170 countries and regions around the world and we have just started. This magnificent achievement is a significant milestone, and MEXC aims to become the go-to platform for new traders and experienced investors as they move forward in their financial journey.

Is mexc exchange safe? ›

This commitment ensures a secure trading environment, with stringent Know Your Customer (KYC) procedures in place to prevent fraud and money laundering. Comparison with Other Exchanges: MEXC stands out among centralized exchanges with its comprehensive security features and strict compliance measures.

Which countries accept mexc? ›

First, MEXC is not limited to a specific region or continent. It operates in many countries, ensuring convenient access to its services for users worldwide. The exchange serves over 10 million users in 170+ countries, making it a global trading platform.

Which crypto app works in USA? ›

Coinbase is one of the largest exchanges, with over 100 million users. USA users can buy bitcoins and crypto fast and easily using Coinbase's free app or on its website. Coinbase also offers a free wallet for its users.

Is MEXC on Apple Store? ›

AVAILABLE EVERYWHERE. Web and Mobile Browser versions plus Official Apps of MEXC for iOS and Android are ready for use!

Does Bybit work in the USA? ›

As stated in Section 12.3 of the Service Agreement, Bybit does not offer services or products to Users in a few excluded jurisdictions including the United States, the United Kingdom, mainland China, Hong Kong, Singapore, Canada, North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine (currently ...

Top Articles
Latest Posts
Article information

Author: Pres. Lawanda Wiegand

Last Updated:

Views: 6006

Rating: 4 / 5 (51 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Pres. Lawanda Wiegand

Birthday: 1993-01-10

Address: Suite 391 6963 Ullrich Shore, Bellefort, WI 01350-7893

Phone: +6806610432415

Job: Dynamic Manufacturing Assistant

Hobby: amateur radio, Taekwondo, Wood carving, Parkour, Skateboarding, Running, Rafting

Introduction: My name is Pres. Lawanda Wiegand, I am a inquisitive, helpful, glamorous, cheerful, open, clever, innocent person who loves writing and wants to share my knowledge and understanding with you.