One of the worst sites ever to use One of the worst sites ever to use, DO NOT USE. THEY WILL USE ONE OF MULTIPLE WAYS TO PREVENT YOU FROM WITHDRAWING. These people should be in jail and will be eventually

So many red flags on this "exchange". Stay away. First and foremost, I instantly got bombarded with Android notifications from this app despite them all being turned off. And then there's the constant popups in the app, which are also unable to be turned off. KYC is almost impossible to do, every time the documents get rejected because of "poor quality image" which is nonsense. The photos were very clear and everything was perfectly readable. Customer support was extremely unprofessional, they talk like an 8 year old kid. Finally I managed to get KYC'd, and tried to deposit EUR to my account. As expected, I never received it. Customer support is also no help, keeps making excuses and asking for more personal information. After I finally received my fiat, and wading through the forest of never ending popups, I managed to buy some assets. Then I tried to withdraw them. Guess what? For "safety" reasons they are locking withdrawals for 5 days after purchasing crypto. Yeah, this exchange is a huge scam. Let this be a warning to everyone else.

Confirmed Scam Exchange Scam Exchange, Poor server quality (6000+ ms ping). tested the suspicion that they bet against you when using leverage and confirmed by using over 50 test orders on various coins while comparing the price to other exchanges simultaneously, tested coins that follow BTC price before during & after BTC dumps. Coins would do a complete 180 from your positions whether it be long or short so I thought I would place 2 opposing positions & the prices would go stagnant regardless of the coin it was done with. Would execute shorts when the price was over 5% variation rendering limit order's & TP/SL's useless & completely ignoring set buy price forcing liquidation's instantly. Going by the issues people have with withdrawals I don't trust them at all so spot trading and holding assets long term is out of the question completely. Don't waste your time, money or mental wellbeing. I thought I was going crazy until I spoke to others who had the exact same experience.

Where do I begin with talking about… Where do I begin with talking about this Exchange… if you want to lose money regardless of how good you are using TA, then trade here. This has got to be the most manipulated aggressive algorithm designed to take your money. They don’t play fair. Any sort of leveraged position with be stop hunted and or liquidated. I have many years of trading and have done very well. I strongly warn you from using this exchange.

My experience My experience: I saw bad reviews about MEXC but I gave it a try due to the low fees. Some weeks I was successful with spot trading on MEXC. Then one day after waking up I saw that MEXC put my account under risk control: Trading and withdrawl my money is not possible during the next 30 days. Customer support is friendly as always but they only tell me to be patient and wait for the results in 30 days. It‘s my money but MEXC don‘t let me take out my money. Imagine you put money on an exchange and you‘re not able to take your money out whenever you want! Such actions as MEXC does don‘t create a safe feeling for crypto community! Update after 30 days of risk control: The risk control was lifted today. They didnt communicated why this happened, but today they lifted the risk control and I was able to withdraw my money. So I switched from one star to 3 stars.