MEXC Global (mexc-gobit.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.mexc-gobit.com.
My withdrawal from MEXC Global (mexc-gobit.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for a few weeks now of being strung along.
Pros: Full transparency|Competitive fees|Comprehensive tools
Cons: Help articles are sometimes vague|Onboarding videos are outdated
MEXC Global (mexc-gobit.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Responsive team|Fast execution|Transparent fees|Demo account available
Cons: Limited demo account features|Inactivity fee applies after 12 months