6 minute read
Is MEXC Available in New Zealand? What You Need to Know
from MEXC
by Exness_India
Yes, MEXC is available for users in New Zealand. If you’re a crypto enthusiast or trader living in New Zealand, you can access and use the MEXC exchange platform legally and without restrictions—at least as of 2025. But like any crypto platform, there’s more to the story than just a simple “yes” or “no.”
In this article, we’ll dive deep into what you need to know if you plan to use MEXC in New Zealand, including legal considerations, how to register, supported features, KYC requirements, alternatives, and the general state of cryptocurrency regulation in the country.
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What Is MEXC?
Before we go any further, let’s quickly define what MEXC is.
MEXC (formerly known as MXC) is a global cryptocurrency exchange established in 2018. It offers a wide range of digital asset trading services, including spot trading, futures, margin, staking, launchpad participation, and more. It supports hundreds of cryptocurrencies and tokens and is known for listing new coins earlier than many other platforms.
MEXC is often chosen by users for:
High liquidity and fast matching engine
Wide range of altcoins
Low trading fees
Futures trading and leveraged tokens
Easy access to new project tokens (IEOs)
Can You Legally Use MEXC in New Zealand?
Yes, it is legal for New Zealand residents to use MEXC. The exchange does not appear on any restricted list from New Zealand’s Financial Markets Authority (FMA), and MEXC itself does not block users with New Zealand IP addresses.
New Zealand has taken a relatively open approach to cryptocurrency regulation. While the country doesn't have a fully developed licensing regime for crypto exchanges (like the UK’s FCA or Singapore’s MAS), it does allow individuals and companies to engage in crypto trading as long as they comply with existing financial and anti-money laundering (AML) laws.
So if you’re a New Zealander, you are allowed to:
Register on MEXC
Trade crypto assets
Withdraw and deposit cryptocurrencies
Access most features on the platform
However, MEXC is not registered as a financial service provider in New Zealand, which means the platform is not directly regulated by New Zealand authorities. This doesn't make it illegal—it just means you’re trading on a platform that operates internationally and may not offer the same protections as local institutions.
Do You Need KYC to Use MEXC in New Zealand?
MEXC offers both KYC (Know Your Customer) and non-KYC accounts. You can technically deposit and trade on MEXC without completing KYC, but your account will be limited in terms of:
Withdrawal limits (only 20 BTC per day without KYC)
Access to some features (like fiat gateway and higher leverage)
If you're serious about using MEXC in New Zealand, it's strongly recommended that you complete KYC. This not only increases your withdrawal limits but also reduces the chances of having your account flagged or frozen for suspicious activity.
The KYC process is straightforward:
Provide a valid passport, driver's license, or national ID.
Take a selfie or video verification.
Wait for MEXC to approve your identity—this typically takes a few minutes to a few hours.
Is There a New Zealand Version of MEXC?
As of 2025, there is no separate MEXC platform designed specifically for New Zealand users. All users access the global version of the website (mexc.com). The interface supports multiple languages, but English is the default.
That said, New Zealand residents can use all the platform’s major features, including:
Spot and futures trading
Copy trading
Staking
Margin trading
Token listings
ETF/leveraged tokens
MEXC also supports mobile apps on iOS and Android, so you can trade from anywhere in New Zealand.
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How to Register and Use MEXC in New Zealand
Setting up your MEXC account from New Zealand is easy and can be done in under 5 minutes:
Step 1: Sign Up
Go to MEXC official website 👈
Register using your email or mobile number
Set a secure password
Step 2: Secure Your Account
Enable two-factor authentication (2FA) using Google Authenticator or SMS
Set up anti-phishing codes and withdrawal whitelists for added security
Step 3: Complete KYC (Optional but Recommended)
Submit your ID and complete the facial recognition step
Step 4: Deposit Funds
Deposit crypto (BTC, ETH, USDT, etc.) from another wallet or exchange
MEXC does not support NZD deposits directly, so you'll need to convert NZD to crypto using a local platform like Easy Crypto NZ or Binance, then transfer it to MEXC
Step 5: Start Trading
Use the spot market to buy/sell coins
Use the futures market if you’re into leveraged trading
Explore staking, IEOs, and new listings
Does MEXC Support NZD?
No, MEXC does not support New Zealand Dollars (NZD) as a fiat currency. You cannot directly deposit or withdraw NZD from MEXC. This is common with many global crypto exchanges.
To trade using NZD, you need to:
Use a local crypto exchange like Easy Crypto, Binance NZ, or Independent Reserve to buy USDT, BTC, or ETH using NZD.
Transfer the crypto from your local wallet to your MEXC wallet.
Start trading on MEXC using the crypto you transferred.
For withdrawals, simply reverse the process—withdraw your crypto from MEXC, send it to a local platform, then convert to NZD.
Is MEXC Safe for New Zealand Users?
MEXC has generally been regarded as a secure exchange, though it's always important to exercise caution when using any centralized platform. Key safety features include:
Cold wallet storage for most user funds
Real-time risk control systems
Two-factor authentication
Withdrawal whitelists
Anti-phishing codes
However, MEXC is not regulated in New Zealand, and it doesn’t offer insurance like some other platforms (such as Coinbase). So you should always:
Avoid storing large amounts of crypto long-term on the exchange
Enable all security features
Withdraw funds to your own wallet if you're not actively trading
Alternatives to MEXC in New Zealand
While MEXC is accessible and offers tons of altcoin options, it’s not the only option for New Zealand crypto users. Here are some alternatives you might consider:
1. Binance NZ
Offers local support for NZD
Large coin selection and low fees
Regulated in some jurisdictions
2. Easy Crypto NZ
New Zealand-based
Easy NZD deposits
Focuses on beginners, not advanced trading
3. Independent Reserve
Australian exchange with strong compliance
Supports NZD and bank transfers
Slower than MEXC, but good for long-term investors
4. KuCoin
Another global exchange with a wide range of tokens
Similar to MEXC in terms of user experience and features
Not regulated in New Zealand
Final Thoughts: Should You Use MEXC in New Zealand?
Yes, if you’re looking for a global exchange with deep liquidity, a huge selection of tokens, and access to emerging crypto projects, MEXC is a solid choice—even in New Zealand.
That said, it's not perfect. It lacks direct NZD support, isn’t registered with New Zealand regulators, and doesn’t have the local presence of some competitors. But for users who are comfortable navigating international platforms, MEXC offers excellent value.
Just remember:
Use strong security practices
Don’t treat it like a bank—store your crypto safely
Stay updated on New Zealand crypto regulations in case things change
As of 2025, MEXC remains available and operational for users in New Zealand. Whether you’re an experienced trader or just getting started, you can trade on MEXC with confidence—just make sure to do your own due diligence before investing.
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