MEXC is a cryptocurrency exchange located in Singapore, which started its service in 2018. It is a very popular exchange for crypto traders as it allows you to trade on all over 500 stocks. There is a “Beginner Bonus” called MEXC Beginner Task, and you can get a futures bonus for free. At MEXC, there are no account maintenance fees or deposit fees, but transaction fees are a certain $ 0.2, so it may be a little expensive. However, it is recommended because it has a reputation for being very easy to see the trade screen.
MEXC is a cryptocurrency brand operated by MEXC Global Ltd. The cryptocurrency trading service will be available in 2018, and it has a long history among cryptocurrency exchanges.
|Company Name||MEXC Global Ltd.|
|Business start date||2018|
|number of employees||Unpublished|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is MEXC licensed?
|Company Name||Acquisition license|
|MEXC Global Ltd.||Estonian Financial Regulatory Authority (MTR)|
|MEXC Global Ltd.||US Financial Crime Control Network (MSB)|
|MEXC Global Ltd.||Australian Financial Transaction Reporting and Analysis Center (AUSTRAC)|
|MEXC Global Ltd.||Center for Financial Transactions and Reporting Analysis of Canada (MSB)|
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about MEXC, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below.
|Withdrawal information error||You cannot withdraw if the withdrawal destination is incorrect.|
|Under maintenance||Withdrawals may be delayed during system maintenance.|
|Campaign Bonus Withdrawal||Campaign bonuses cannot be withdrawn.|