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MEXC: review, MiCA, reserves and score (2026)

Seychelles#9Live dataUpdated 7/3/2026
Exchange website
Summary (TL;DR)

MEXC is a crypto exchange. It is based in Seychelles and was founded in 2018. As of 7/3/2026 it is not in the ESMA register (MiCA). Its charliedesk score is 69 out of 100. Exchange reserves: $4.1B.

charliedesk score 69/100MiCA: Not in registerReserves $4.1B24h volume $2.0B

Key facts

Founded
2018
HQ
Seychelles
MiCA / CASP
Not in register · 7/3/2026
Ranking (CoinGecko)
#9
24h volume
$2.0B
Open interest
$8.2B
Reserves
$4.1B
Fees (spot maker/taker)
0% / 0.05%(base tier)
KYC
Partial (limits without verification)
Fiat deposit
Card

Fees, KYC and fiat curated by charliedesk (base tier, verified 7/3/2026). Check current rates on the exchange.

charliedesk scoreout of 100
69
Trust · weight 35%9/10 90/100
Liquidity (24h volume) · weight 25%$2.0B 89/100
MiCA / regulation · weight 25%Not in register 20/100
Age · weight 15%2018 67/100

Objective composite: trust (35%), liquidity (25%), MiCA/regulation (25%) and age (15%). Unknown factors (e.g. unverified MiCA) are dropped and weights renormalised. No community votes, no paid placement.

MiCA / CASP
Not in register

As of 7/3/2026 we did not find this exchange in the ESMA register as an authorised provider (CASP). That does not automatically mean it operates illegally, only that we have not confirmed a full MiCA licence.

Security & incidents

We have no significant security incidents on record for this exchange. This does not mean nothing ever happened, only that our curated record has nothing.

Curated by charliedesk from public sources. Amounts are the value at the time of the incident. Each entry links to its source.

About the exchange

Established in April 2018, MEXC is a digital-asset trading platforms. The core team comes from enterprises and financial companies with experience in blockchain and financial industries.

Description: CoinGecko

Derivatives & reserves

Open interest
$8.2B
+3.77% 24h
Liquidations 24h
Futures volume 24h
$13.9B
Reserves
$4.1B
Top reserve assets
USDT $1.6BBTC $859MMX $701M

Derivatives (OI, liquidations, volume) are an aggregate across BTC, ETH and SOL. Source: Coinglass via syndicate · updated 8/25/26, 9:52 AM

Community rating

Ratings from readers' own experience. Votes weighted by account age, no rewards, kept separate from affiliate links.

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Anti-shill: 1 account = 1 vote, votes weighted by account age, suspicious reviews can be reported. No paid placement.

FAQ

Is MEXC licensed in the EU (MiCA)?

As of 7/3/2026 we did not find MEXC in the ESMA register as an authorised provider (CASP). That does not mean it operates illegally, only that we have not confirmed a full MiCA licence.

Is MEXC safe and trustworthy?

MEXC's charliedesk score is 69/100 (trust, liquidity, MiCA and age). We show verifiable facts with sources and never advise what to buy, the decision is yours.

Has MEXC ever been hacked?

We have no significant security incident on record for MEXC.

Where is MEXC based and when was it founded?

MEXC is based in Seychelles and was founded in 2018.

What are MEXC's reserves?

MEXC's reserves are $4.1B (Coinglass via syndicate, as of 7/3/2026).

What are MEXC's fees?

MEXC's base spot fees: maker 0%, taker 0.05%. Check current rates and discounts on the exchange.

Does MEXC require verification (KYC)?

MEXC allows limited use without KYC, but withdrawals above a threshold require verification.

Other exchanges

Data: CoinGecko (trust, volume, description, logo). MiCA/CASP: ESMA register (verifying). Derivatives and reserves: Coinglass via syndicate. Score: charliedesk methodology. We never shill or tell you what to buy.