Reviews about MEXC are mixed: some users are satisfied with the functionality and support, while others complain about fraud and technical issues.
Generated by AI based on published reviews and public data. For reference only and may contain inaccuracies.
Review Time
I trade on MEXC — one of the largest cryptocurrency exchanges in the world. Pros: a wide selection of trading pairs (over 1500), low fees (0% on spot), good liquidity. There is the option for futures trading, staking, and stocks. The interface is user-friendly and mobile-friendly. Customer support is available 24/7. As for the cons: some altcoins can be risky, so caution is required. I recommend it.
Fraudulent exchange. I came across a Telegram channel that talked about making money. I was offered "intra-exchange arbitrage" with the BTC coin. Out of curiosity, I deposited $100. You can withdraw money with a promo code. From one spin, you get an additional 1%. In the end, I had $101. Then they started persistently urging me to increase my deposit, at least to $2000, so it would be "more interesting and they would get a percentage." When I refused, the $101 simply disappeared from my account.
All new exchanges, including this one, are created with the aim of fraud. You deposit money, get the opportunity to trade, but in the end, you will be forced to increase your deposit, and ultimately your account will be blocked. You will lose your funds anyway, especially if you are a citizen of the Russian Federation. All of this is done to deceive people out of their money. Everything you find on Telegram about P2P and cryptocurrency is a scam.
Twice I closed deals with a profit, but in the end, both times I ended up in the red. I reached out to support, and they directly told me it was my fault. Of course, they phrased it more politely, but the essence didn't change. I can't provide screenshots as I deleted them in a fit of anger. The exchange has a clear interface, but unfortunately, they deceive with the deals. Like everywhere else, they say it's your fault, you should have been more careful. In my opinion, they are scammers.
I have been trading on MEXC for several years. Yes, there are occasional lags, but let's be honest, this happens on all exchanges during sharp fluctuations. If you don't manage risks, you'll encounter problems on any platform. As for MEXC: 1. The interface is really user-friendly — the team has worked hard on this, everything functions at a high level. 2. The support is adequate, the guys are available 24/7. 3. Almost zero fees! 4. The exchange has been in the market for over 5 years, I have a lot of trust in it. 5. There are many new listings, and you can invest small amounts in new coins and wait for profits. Overall, I am completely satisfied!
The coins were withdrawn by hackers. And silence. Customer support recommended contacting law enforcement. I don't understand how funds can be withdrawn without access to the phone, email, and without the wallet owner's knowledge. It's unclear what the exchange's security is doing. It's obvious that they must have been involved. I do not recommend opening an account on this exchange.
On the MEXC platform, I purchased USDT and transferred 300,000 ₽ to the seller Ali999, but I never received the USDT, and the seller is not responding to messages. I contacted customer support and spent almost a month communicating with them. They told me that the seller's funds were blocked and that it would take time to resolve the issue. In the end, I still haven't gotten my money back, and I was advised to contact the police.
Please, just stay away from this company; you won't gain anything, only lose. One person lured us in; we met by chance, and it led to a friend's loan, which we now deeply regret. It's a complete scam, nothing more. Everything happened through a Telegram bot, and in the end, we invested over 60 thousand, but we never received any money. Although now there supposedly is around 850 thousand rubles in the balance, which is an absolute lie. We are planning to file a complaint against the person who pushed us into all of this.
They promised a bonus of 15 USDT for full verification. In reality, neither I nor my three friends received it! We all got the same response that our accounts did not pass the security check, so none of us got the 15 USDT! However, immediately after verification, we received confirmation! Now I will have to change my phone number, email, and passport!
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MEXC is an online service providing a platform for cryptocurrency trading. The company offers users a wide selection of digital assets and tools for effective trading in the market.
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