MEXC Global (mc-mybtc.com) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alerts https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!mexc-mx-yybtc-top--2381, https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!mexc-mx-mebtc-top--2327, https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!mexc-bydbit-mexc... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.mc-mybtc.com.
I found MEXC Global (mc-mybtc.com) after comparing multiple platforms and the initial impression was positive. But for about ten months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Helpful community forum|Social trading features
Cons: No live chat on mobile
The only good thing about MEXC Global (mc-mybtc.com) is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Social trading features|Stable platform|Quick verification|Clean UI
Cons: Mobile app could be improved