Is MEXC Available in Bangladesh? What You Need to Know

Yes, MEXC is available in Bangladesh. Users in Bangladesh can legally register, trade, and use MEXC’s crypto services without needing a VPN or facing any official restrictions from the platform itself. MEXC does not list Bangladesh as a restricted jurisdiction, and the platform is fully accessible via its website and mobile app within the country.

Now let’s break down everything you need to know if you’re in Bangladesh and want to trade on MEXC.

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What is MEXC?

MEXC (formerly known as MXC) is a global cryptocurrency exchange that was founded in 2018. It offers spot trading, futures, ETFs, staking, and a launchpad for new tokens. With over 1,000 cryptocurrencies listed, MEXC is one of the largest and most diverse exchanges in the world in terms of altcoin offerings.

Headquartered in Seychelles, MEXC has users in over 170 countries and is particularly popular in Asia, the Middle East, and Latin America. Its appeal lies in:

• Wide range of trading pairs

• Low fees

• Strong liquidity

• Fast listing of new tokens

• Regular promotional campaigns

For crypto traders in Bangladesh, these features are significant because access to smaller or newer coins can lead to higher profit opportunities.

Can You Create a MEXC Account in Bangladesh?

Yes, you can easily create a MEXC account from Bangladesh.

There is no restriction on signing up with a Bangladeshi phone number or email address. You can visit the official MEXC website or download the MEXC app from the Play Store or App Store and register without needing a VPN or any workaround.

Here's how to register:

1. Go to MEXC Official Website 👈

2. Choose to register via email or mobile number

3. Complete verification via a code sent to your email or phone

4. Set up your password and security options

That’s it — your account will be ready to use.

Does MEXC Require KYC in Bangladesh?

MEXC allows non-KYC (Know Your Customer) trading up to certain limits, but for full access — including higher withdrawal limits and some features — it’s best to complete KYC.

KYC Tiers on MEXC:

• No KYC: Withdraw up to 30 BTC/day, basic trading features

• KYC Level 1: Requires ID (NID, Passport, etc. from Bangladesh); increases security and unlocks full features

• KYC Level 2: For institutions or higher withdrawal needs

Bangladeshi documents such as the National ID Card or Passport are accepted for KYC. The process is fast and usually completed within 24 hours.

Is Crypto Legal in Bangladesh?

The legal status of cryptocurrency in Bangladesh is uncertain, but not clearly illegal for individuals.

Key Points:

• The Bangladesh Bank has issued warnings against using crypto as a means of payment.

• However, there is no specific law banning individuals from buying, holding, or trading crypto assets.

• Crypto is considered a grey area: not legal tender, but personal investment is tolerated.

This legal ambiguity means that platforms like MEXC are not banned in Bangladesh, and thousands of users actively trade using exchanges like Binance, MEXC, and KuCoin.

Important: Always consult a legal advisor before investing, and avoid using crypto for business transactions or remittances.

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Can You Use BDT (Bangladeshi Taka) on MEXC?

MEXC does not currently support direct BDT deposits or withdrawals.

However, Bangladeshi users can fund their accounts using the following alternatives:

1. P2P Trading (Peer-to-Peer)

You can buy USDT, BTC, or ETH using BDT through third-party P2P platforms like:

• Binance P2P (then transfer to MEXC)

• Local traders or crypto communities

• LocalBitcoins or Paxful (somewhat outdated but still active)

After purchasing USDT, transfer it to your MEXC wallet and start trading.

2. Using a Crypto-Friendly Wallet or Exchange

You can also:

• Buy USDT/BTC via wallets like Trust Wallet or MetaMask (using third-party payment providers)

• Use global exchanges that allow Visa/Mastercard (if your Bangladeshi card is accepted)

Once you have crypto in a wallet, send it to your MEXC deposit address.

How to Withdraw from MEXC in Bangladesh?

MEXC supports crypto withdrawals to any external wallet or exchange. To turn crypto into BDT:

1. Withdraw USDT (or other crypto) to your wallet or Binance

2. Use P2P selling platforms to convert USDT to BDT

3. Receive BDT in your mobile banking account (e.g., bKash, Nagad)

Keep in mind:

• MEXC does not offer fiat (BDT) withdrawals

• Always check withdrawal fees and limits before initiating

Is MEXC Safe to Use in Bangladesh?

Yes, MEXC is considered a safe platform and can be used securely from Bangladesh with the right precautions.

Security Features:

• Two-factor authentication (2FA)

• Anti-phishing codes

• Withdrawal whitelist

• Real-time risk control systems

• Cold wallet storage for funds

While no exchange is 100% immune to hacking, MEXC has not experienced any major breaches. To stay safe:

• Enable all security options

• Don’t store large funds on the exchange long-term

• Avoid suspicious links or phishing attempts

Why Choose MEXC Over Other Exchanges?

For Bangladeshi users, MEXC offers several advantages compared to other platforms:

1. Huge Altcoin Selection

With over 1,000+ coins, MEXC lists many small-cap gems and new tokens faster than Binance or Coinbase.

2. Low Fees

• Spot trading fee: 0.1% (can be reduced by holding MX Token)

• Futures fee: among the lowest in the industry

3. User-Friendly Interface

The platform is easy to use for both beginners and advanced traders. The app is lightweight and stable, even on low-end phones.

4. No KYC Requirement to Start

You can start trading with minimal friction. This is helpful if you're still testing the platform.

5. Frequent Promotions

MEXC often runs airdrops, listing rewards, and futures bonus campaigns — allowing users to earn while trading.

Things to Keep in Mind (Warnings)

While MEXC is accessible in Bangladesh, be aware of the following:

• Crypto volatility: Always invest wisely, as crypto prices can change drastically.

• No BDT support: You need to rely on third-party methods to fund or withdraw.

• Government stance could change: Cryptocurrency laws in Bangladesh could shift at any time. Stay informed.

• Taxes & regulations: Crypto is not regulated in Bangladesh, but if profits are significant, it may attract scrutiny.

Community and Support in Bangladesh

Bangladesh has a growing crypto community. There are active Telegram and Facebook groups where MEXC users share tips, updates, and P2P deals.

You can also reach out to MEXC’s support via:

• Live Chat on the website/app

• Email support

• Social media (Twitter, Telegram, etc.)

Final Thoughts

MEXC is available and accessible in Bangladesh for individual users who want to trade or invest in cryptocurrency. Despite Bangladesh’s unclear legal stance on crypto, MEXC has not been banned or blocked, and users can access the platform freely.

With its large selection of coins, low fees, and strong security, MEXC is a valuable option for Bangladeshi crypto traders. However, always stay cautious, use proper security practices, and be aware of the legal risks associated with crypto in your country.

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Read more:

• Is MEXC available in Cambodia?

• Is MEXC available in Jamaica?