Skip to content
Exchanges

MEXC (formerly MXC Exchange)

MXC Exchange has been called MEXC since 8 June 2021: a cryptocurrency and derivatives exchange without MiCA authorisation in the EU. Dutch and German authorities have warned consumers, and CONSOB (Italy's securities regulator) has relayed warnings from five foreign authorities.

Riccardo CuratoloBy Riccardo Curatolo 3 min read How we work
What do these badges mean?
⚠️
Name change. MXC Exchange has operated under the name MEXC since 8 June 2021 (company press release). MEXC does not have MiCA authorisation: on 24 September 2025 the Dutch authority AFM warned consumers, and the exchange is now closing its services in the Netherlands. Updated 26 October 2026.

What MEXC (formerly MXC Exchange) is

MEXC is a centralised cryptocurrency exchange launched in 2018 as MXC Exchange and renamed MEXC Global on 8 June 2021; today the brand is simply MEXC. It offers spot trading, leveraged futures and tokens linked to stocks, ETFs and commodities. In April 2026, for its eighth anniversary, it unveiled a new logo; according to the company it has more than 40 million users in over 170 markets and more than 3,000 tradable assets, figures that have not been independently verified. Leveraged trading can quickly wipe out the entire capital committed. In 2021 MEXC presented itself as a Singapore-based platform. (Verified: October 2026)

Regulation and licences

(Verified: October 2026)

  • MiCA: NO — Absent from the ESMA register of authorised providers (updated on 22 October 2026), MEXC is on ESMA's list of non-compliant entities: according to the Dutch AFM it provides services in the Netherlands without authorisation, in breach of Article 59 of MiCA (decision of 16 September 2025). Since 1 July 2026, with the transitional regimes over, no unauthorised operator may offer these services to EU residents.
  • Netherlands: MEXC will close Dutch accounts on 16 November 2026 and advises transferring funds by 31 October. In the terms of use of 13 October 2026, however, no EU state is among the excluded countries.
  • Germany: on 17 October 2023 BaFin warned about MEXC's offers, as according to the authority it was providing financial services without authorisation on mexc.com.
  • CONSOB: among its investor warnings ("Avvisi ai risparmiatori") it has relayed warnings about mexc.com from five foreign authorities: 4 September 2023 (BCSC, British Columbia), 12 October 2023 (FMA, Austria), 12 January 2024 (AMF, Québec), 4 April 2024 (SFC, Hong Kong) and 16 April 2024 (CNMV, Spain). The website has not been blocked.
  • Other authorities: warnings from Japan's FSA to MEXC Global for operating without registration (March 2023 and November 2024); on the Hong Kong SFC's alert list since 15 March 2024; warning from the Ontario Securities Commission of 30 May 2025.
  • Seychelles: according to the local authority, MEXC Global Ltd, historically linked to the platform, was dissolved on 18 December 2024; on 26 May 2026 the authority named MX Global Ltd, which holds no local licence, as the operator of MEXC, announcing enforcement action against it.

Security

There are no significant cyberattacks on record involving the theft of customer funds (Verified: October 2026). There have, however, been frozen accounts: in July 2025 MEXC froze around 3 million dollars belonging to a trader, claiming he was using automated orders prohibited by the terms of use, which he denied; on 31 October 2025 one of its executives apologised publicly and the funds were returned. Other users have reported similar freezes. According to the AFM, it is unclear from which country and through which company MEXC operates: it cannot be established whether it manages customer funds with due care, nor what protection customers would have in the event of insolvency. Beware of similar names: in 2024 the SFC flagged domains such as mexczx.icu as suspected frauds, and on 5 February 2026 CONSOB announced the blocking of "MEXCFD.com".

Headquarters and contacts

  • Declared company: the terms of use of 13 October 2026 name MEXC (Comoros) Ltd, with its registered office in Mutsamudu, Anjouan (Union of the Comoros); the previous version named no company. The Seychelles authority, on the other hand, attributes the management to the local company MX Global Ltd (May 2026). (Verified: October 2026)
  • Official website: no link. MEXC is not authorised in the EU and is named in the warnings relayed by CONSOB.

Alternatives

For anyone looking for an exchange that is operating and authorised in the EU:

  • Kraken — MiCA licence from Ireland (June 2025)
  • Bitstamp — MiCA licence from Luxembourg (May 2025)

FAQ

Are MXC and MEXC the same exchange? Yes: MXC Exchange adopted the name MEXC Global on 8 June 2021. The old mxc.com domain no longer leads to the exchange (Verified: October 2026).

Is MEXC authorised in the EU? No. It does not have MiCA authorisation, mandatory in the EU since 30 December 2024, and CONSOB has relayed warnings from five foreign authorities about mexc.com (Verified: October 2026).

Verified sources

Promotional content

Related Articles

China's Trade Surplus Tops $1 Trillion Again, But October Imports Outpace Exports Ilya Bratanov Ilya Bratanov 10 Nov 2026 China's Trade Surplus Tops $1 Trillion Again, But October Imports Outpace Exports China's 10-month trade surplus hit $1.04 trillion in 2026, clearing $1 trillion for the second straight year. October's twist: imports surged 41.6%, outpacing… Bank of Japan Board Split on Rate Hike Pace: Neutrals Wanted Fast Giulia Ferrante Giulia Ferrante 10 Nov 2026 Bank of Japan Board Split on Rate Hike Pace: Neutrals Wanted Fast The Bank of Japan's October summary of opinions reveals a board split on rate hike timing: hawks want the neutral rate fast, doves cite weak consumption and…
Norway Freezes Grid for Data Centers, Bans Crypto from Priority List Norway Freezes Grid for Data Centers, Bans Crypto from Priority List Francesco Campisi 10 Nov 2026 COP31 in Antalya: Where Climate Finance Must Deliver Real Results COP31 in Antalya: Where Climate Finance Must Deliver Real Results Mattia Mezzetti 9 Nov 2026