MEXC
4.6/10 total
One of the few large custodial exchanges that still permits a meaningful withdrawal allowance on an unverified account. That makes it a common no-KYC route in practice, but it is custodial, has a mixed record on freezing accounts, and the allowance has been narrowed repeatedly.
Scores
Weights are published in the method and applied identically to every entry.
For
- Extremely low spot fees
- Enormous listing coverage including early tokens
Against
- MEXC's own help pages state verification is required for most platform features; any remaining no-KYC withdrawal allowance is undocumented and should not be relied on
- Custodial with an account, so nothing like a real no-KYC swap
- Reports of accounts frozen pending verification, especially after profitable trades
- The unverified withdrawal allowance has been reduced over time and may vanish
- Weak regulatory recourse
Agent access 4/10
Full API behind an account. The unverified withdrawal allowance does not extend to key issuance.
Reported separately and not counted in the total. It measures what an autonomous agent can do unattended, not whether the service is safe to use.
Fees
0% maker / 0.05% taker spot
Genuinely among the cheapest, and withdrawal without verification is possible up to a daily cap.
Specification
- Type
- Custodial exchange
- KYC policy
- Risk-based KYC
- Custody model
- custodial
- Account required
- yes
- Assets
- 2000+
- Chains
- 80+
- Operating since
- 2018
- Jurisdiction
- Seychelles
- Onion service
- no
- Works without JS
- no
- Open source
- no
- Facts checked
- 2026-07-31
Links
Plain links, no referral parameters. Verify the domain yourself; phishing clones of every service in this table exist.