MEXC
The platform, headquartered in Singapore, was founded in 2018, operates globally and serves about 10 million users. There are 3 fiat currencies available on P2P: VND, RUB, KRW. There are different payment methods, including sanctioned Russian banks: Tinkoff and Sberbank.
You can start trading on P2P without KYC, but to remove trading limits, you need to undergo verification. If you have been a P2P merchant on other platforms for 1 year or more, you can get the same status on MEXC.
The platform has various bonuses for new users, as well as regular activities in which you can get rewards. MEXC is characterised by low commissions: 0% on spot and 0.01% for takers on futures.
News of MEXC
All newsTotal information
OPENING DATE
1/1/2018STATUS
AvailableSTATUS ON MONETORY
Connected 4/2/2024Class
EcosystemType
CustodianExchange
Spot trading, Derivatives, Instant exchangeFormat
Web, Mobile App, DesktopLiquidity
OFFERS ON MONETORY
1,860Liquidity
MediumPopular P2P fiat currencies
KYC and regulation
KYC
NormalThere are two levels of verification on the platform: primary and extended. The primary level has a withdrawal limit of up to 80 BTC. To pass it, you need to provide an ID document. P2P is not available. At the advanced level, the limit increases to 200 BTC, and also opens access to P2P-trading. For advanced KYC, you need to undergo a facial recognition procedure.
KYC conditions on MEXC
About regulation
Restrictions
MEXC restricts its services to several countries, including North Korea, Cuba, Sudan, Syria, Iran, Crimea, mainland China, Indonesia, Singapore, Venezuela, the United States and Canada.
All restrictions
P2P trading
Coins P2P
Terms and commissions
No commission for P2P trading
Additional Information
BSC, COBO, BTC, STARK, SOL, OP, BOBA, ZKSYNC, ERC20, OMNI, ALGO, EOS, TRC20, HECO, OKT, MATIC, Arbitrum One