7 minute read
Is MEXC Exchange Available in Europe? Review Broker
from MEXC Exchange
by XM Blog
Yes, MEXC Exchange is available in Europe. European users can register, deposit, trade, and withdraw cryptocurrencies on MEXC without restrictions in most countries. However, access and specific features may vary depending on local regulations in each country within Europe. In this article, we’ll break down how MEXC operates in Europe, what European users can expect in terms of features and compliance, and whether it’s a safe and legal choice for crypto investors across the continent.
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What Is MEXC Exchange?
MEXC (also known as MEXC Global) is a centralized cryptocurrency exchange founded in 2018. It is known for:
· A wide selection of cryptocurrencies (over 1,800 trading pairs).
· Spot, margin, and futures trading.
· A user-friendly interface.
· Low fees and high liquidity.
· Regular token listings and launchpad projects.
MEXC has positioned itself as a go-to platform for altcoin traders and early adopters who want access to newly listed tokens before they hit major platforms like Binance or Coinbase.
Is MEXC Legal in Europe?
Yes, MEXC is legal in many European countries. The exchange is not banned or blacklisted in any major European jurisdiction. However, there are a few points to keep in mind:
· MEXC does not hold an official EU crypto license like some regulated exchanges (e.g., Bitstamp or Kraken).
· It operates as an unlicensed offshore exchange (registered in Seychelles), which means it's not regulated under the EU’s MiCA framework (Markets in Crypto-Assets Regulation) as of now.
· European users can still sign up and use MEXC, but they do so under the platform’s international terms of service.
In short, MEXC operates in a legal gray area in the EU — not illegal, but not fully regulated either. It’s available, but with fewer investor protections than licensed European exchanges.
Which European Countries Can Access MEXC?
As of 2025, MEXC supports users from most European countries, including:
· Germany
· France
· Italy
· Spain
· Netherlands
· Portugal
· Poland
· Romania
· Czech Republic
· Sweden
· Finland
· Hungary
· Austria
· Bulgaria
· Belgium
· Ireland
· Greece
There are no major restrictions for citizens of these countries when accessing MEXC via web or mobile app. The website is accessible in the EU, and registration is straightforward.
Exception: The United Kingdom
Due to post-Brexit financial regulations and tightening rules by the UK’s Financial Conduct Authority (FCA), some crypto exchanges have exited the UK market or limited features for UK residents.
MEXC does not hold FCA approval, and while UK residents can access the platform using international credentials, some services may be limited or unsupported in the future. Always check with official sources or MEXC’s customer support before using the platform from the UK.
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Does MEXC Require KYC in Europe?
MEXC has recently introduced mandatory Know Your Customer (KYC) verification for all users — including those in Europe.
As of early 2024, MEXC enforces identity verification for:
· Deposits
· Withdrawals
· Trading access
· Participation in Launchpad or staking events
To complete KYC, European users need to provide:
· Government-issued ID (passport, national ID, or driver’s license)
· A selfie (for facial verification)
· Proof of address (in some cases)
This aligns with global compliance trends and helps MEXC meet the Anti-Money Laundering (AML) expectations in most jurisdictions.
What Features Are Available to European Users?
MEXC provides full access to its core features for European users:
1. Spot and Margin Trading
· Trade over 1,800 coins/tokens
· Low trading fees (0.1% or lower with MX tokens)
· Margin trading with up to 10x leverage
2. Futures Trading
· USDT-M and Coin-M perpetual contracts
· Leverage up to 200x (use with caution)
· Liquidity comparable to top-tier exchanges
3. Staking and Launchpad
· Flexible and fixed staking products
· Access to early-stage token sales via Launchpad
· Earn yield on crypto holdings
4. Copy Trading
· Follow top traders and replicate their strategies
· Popular among beginner and passive investors
5. MEXC Earn
· Savings accounts with interest on crypto assets
· Lock-up periods from 1 day to 90+ days
· High APYs on selected tokens
All of the above are accessible to European users who complete KYC.
What Payment Methods Are Supported in Europe?
MEXC does not offer direct fiat deposits via bank transfer (like SEPA) for most EU countries. However, you can still use the following options:
· Credit/Debit Cards: Buy crypto via Visa/Mastercard using third-party providers (Simplex, Banxa, etc.)
· P2P Trading: Peer-to-peer market for buying/selling USDT or BTC using bank transfers, Revolut, Wise, and other methods.
· Crypto Deposits: Transfer crypto from other wallets or exchanges like Binance, Coinbase, or MetaMask.
While MEXC is crypto-focused, its fiat on-ramp options are enough for most European users to get started.
Is MEXC Safe to Use in Europe?
MEXC has a strong track record of uptime, security, and reliability, but there are a few things to consider:
Security Pros:
· No major hacks reported since its launch in 2018.
· Uses cold wallet storage for the majority of user funds.
· 2FA, anti-phishing codes, and withdrawal whitelists available.
Security Cons:
· No EU regulation or deposit insurance. If the platform goes down or funds are lost, you may have limited legal recourse.
· Lack of transparency about company leadership or office locations.
In summary: MEXC is relatively secure, but as with any offshore exchange, users should not store large amounts long-term. Use it as a trading platform, not a wallet.
Pros and Cons of Using MEXC in Europe
✅ Pros:
· Available in most European countries
· Huge selection of trading pairs
· Competitive fees and strong liquidity
· Great for discovering new altcoins early
· No complicated licensing restrictions yet
❌ Cons:
· Not officially licensed in the EU
· Limited fiat options (no SEPA or EUR accounts)
· Risk of regulatory changes in future
· Not beginner-friendly for fiat-only users
Will MEXC Comply with MiCA in the Future?
The Markets in Crypto-Assets (MiCA) regulation — the EU’s comprehensive crypto framework — is being rolled out across the European Union from 2024 to 2026.
To continue operating in the EU long-term, exchanges will need to:
· Register with national regulators
· Meet capital requirements
· Provide consumer protections
· Report suspicious transactions
· Offer clear risk disclosures
As of now, MEXC has not announced plans to comply with MiCA or obtain a VASP license in any EU country. If that remains the case, it’s possible that access to MEXC could be restricted or limited in some EU states by 2026.
Alternatives to MEXC for European Users
If you want a more compliant, fiat-friendly alternative to MEXC, consider the following:
· Kraken: EU-licensed, supports EUR deposits, advanced trading.
· Bitstamp: One of the oldest EU-regulated exchanges, great for EUR users.
· Binance: Still available in some EU countries, but facing increasing regulation.
· Bitpanda: Austria-based, good for beginners and EUR trading.
· OKX and Bybit: Offshore exchanges with growing presence in Europe, but similar regulatory status to MEXC.
Final Verdict: Should You Use MEXC in Europe?
Yes, if you are an altcoin trader, intermediate user, or want access to new tokens early — MEXC is a solid choice in Europe. It offers great trading features, high liquidity, and is accessible in most European countries.
However, if you're a beginner or want maximum legal protection, a regulated EU exchange may be safer. MEXC’s offshore status means you take on more personal risk, especially as European regulations tighten under MiCA.
As always, do your own research (DYOR), use strong security practices, and never store large funds on any centralized exchange.
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