Profile· Questionable@MEXC On Ethos

MEXC

186 reviews, 22% of them positive.22% positive · 186 reviews· Influence factor 81, above 16% of accounts

The record

From 152 activities · Apr 2026

MEXC is a centralized exchange known for early token listings, zero maker fees, and access to 2,700+ trading pairs, making it useful for traders seeking low-cap assets unavailable elsewhere. However, it faces persistent and widespread complaints about sudden account freezes, fund locks, and inconsistent KYC enforcement—often triggered after profitable trades or deposits exceeding $1,000. Users report delayed withdrawals, poor customer support, market manipulation concerns, and aggressive risk-control practices that can trap funds for weeks or months. The platform also lists low-quality and potentially fraudulent tokens without rigorous vetting, and has been accused of using bot networks to manipulate its online reputation. While some traders value its liquidity and fee structure for short-term trading, the community consensus strongly advises against holding significant funds on the exchange due to custody and transparency risks.

What people say

Received · 186 Given · 0

“The ultimate exchange for degenerates”It’s honestly wild how much money MEXC has handed out can’t even tell if it’s on purpose or they’ve just got actual clowns running the backend. Not long ago everyone was shorting and printing, and now they dropped new promos where you can scalp your way to a solid bag. Gotta give props for the free money, but still massive disresp for those dumbass risk controls.

kosher · 1284· 12mo ago · neutral13

“The Global Futures Player”This exchange has carved a niche in derivatives trading, appealing to power users. Its liquidity depth is solid, though brand recognition is weaker outside Asia. Still, it’s a serious competitor in futures markets.

MNC ® 🪄🥷 · 1217· 1y ago9

“Scammy behavior”Got friends getting essentially rugged by MEXC when they suddenly blocked their funds and asked for impossible proofs

fripon.eth · 1440· 1y ago · negative7

“The most degen CEX listing the fast”

Bitman · 1418· 1y ago17

“Mixed feelings about it”MEXC is a big exchange which has been around for years now, I totally respect the growth they had over the years. However, I've heard not-so-great rumors about its solidity and the fact that it does not require KYC, is something that might doom them. Be really careful.

CerveFi | SuperteamITA 🇮🇹 · 1294· 1y ago · neutral8

“Why does it feel like a gamble just to use MEXC?”Just a heads-up to anyone using MEXC – be careful. My account was frozen out of the blue, and I've heard the same thing happened to a few of my friends. One day you're trading, the next you're completely locked out of your assets with no warning. The worst part is trying to get a straight answer from their support. It's like talking to a wall. They just send copy-pasted messages that don't explain what you did wrong or when you'll get your money back. You're just left in the dark. It's a shame because the platform has a lot of coins, but what's the point if you can't trust them with your money? I've stopped using it altogether. It's not worth the constant worry that your funds will be the next to get stuck.

muzafakeR · 1299· 12mo ago · negative8

“Low Tier CEX”I have an account with MEXC and I use it occasionally when I'm looking for a new meme to buy. One thing about the exchange is that they list any token and don't care about the quality and users protection provided the dev can afford the listing fees. There have been reported cases of freezing users funds without cause so it's advisable to trade with caution and avoid depositing large amount of money to avoid risks of getting locked out.

charlx · 1417· 4mo ago · neutral1

“Not a CEX person here.”Can't leave a positive or negative review; most of the people on my TL are very negative towards all the CEX's.

Muaz Xinthi 🪑 · 1488· 1y ago · neutral11

“Mexc operates in grey zone”Mexc being a small exchange does everything a big cex does. supports most of the coins pls some more coins that can only be found on dex. It also supports pre markets for certain projects but it surely is in grey zone blocks and freezes user funds for no apparent reason which is kinda ugly

mowgli 👾🛡️ · 1243· 1y ago · neutral5

“Medium CEX”MEXC is an average exchange, not too good. However, if I were to rate them on a scale of 10, I would give them a 7. Why is that? They are willing to list tokens from small projects so I have a place to do liquidity. Network options are also very diverse, fees are very cheap.

MHzz · 1294· 1y ago · neutral5

“Have noticed some shady business going around”Not a user of MEXC but have participated in token launches were they are one of the official dex to host the token for trading and they always manage to open up fo trading and dump before every one else.

MANUΞL ▚▘▚▘▚▘ · 1314· 1y ago · neutral5

“Use it and leave. Don't hold here”MEXC is a powerful platform if you know what you're doing. Zero maker fees plus 2,700 pairs is genuinely useful for traders. The security infrastructure exists. The regulations are real. But the customer support doesn't scale with the user base, KYC policies are inconsistently applied, and withdrawal freezes happen often enough that it's worth treating this exchange as a trading venue, not a holding venue. Don't leave significant funds sitting here. Use it, trade it, withdraw it.

Mr. Viking · 1438· 4mo ago · neutral6

‹ Back96 of 186 · most upvoted firstMore ›